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Not an expert but believe the pay % is dependent upon your committed number of hours (32,40,45 etc). You’ll take a certain % off based on what you commit to.
RSM BDO and GT are not big 4
Manager 1 - work at BDO is significant less complex than Big 4. Most of our clients are middle market and their global footprint is significantly less and their transactions and structures are significantly less complex. International tax is a bear and reporting is cumbersome. I’m guessing our ITS professionals miss some things given they are not as technical, but that is just my opinion
At EY, it is based off of 40, but your chargeable hours goal means you still work overtime. So if you’re on an 80% schedule, your standard hours are 32, but you still need to be working overtime during busy season etc to meet your chargeable hours goal, as that is also multiplied by 80%.
💯
Depends on both firm and country - in the UK, I know that EY is based on 35 and GT is 37.5.
What about me ? :(
40 for RSM
At BDO, total working hours are about 2380 to 2600 depending on level. AKA they expect 200 to 520 hours of overtime per year.
Moss Adams isn’t a real firm
A kid can dream…
40 at PwC.
But realistically that doesn't mean you previously worked 2080 hours and if you cut back to 80% you only work 1664.
BDO is similar to at PwC2 - basically look at total working hours and reduce by 80%. BDO is a bit flexible on how people split (i.e holiday says at 100%, vacation is reduced to 80%, and mix of training/client serving/admin/bd/ect is all circumstances) but generally client chargeable is reduced less than others). Firm has to make it’s profit off of you still 😂🤣😂💰
My part time salary was determined based on the total hours I was planning to work for the year vs expected yearly hours. So I was doing 30/42 Vs 40/55 like everyone else so I was basically at 75% and that’s how my salary was prorated.. now I moved up to 40 hrs regular and 42 during busy which comes to 90.5% so it got prorated accordingly.