Wanna hear the story from the other three firms. PwC, Deloitte and KPMG. What’s the raise, bonus, and lay-off situation there?

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KPMG no layoffs (yet), although it was recently mentioned that advisory is overstaffed by 5%. No bonuses, 401k/pension halved. No word on raises yet since our YE is 9/30, but I'm assuming they will not be good lol.

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Advisory announced no raises unless you're getting promoted. Also, they will look at campus compression to make sure new 1st yr associates aren't making more than 2nd year associates.

PwC senior associate promoted 7/1. I got a 10% raise, only because I was promoted. Bonuses across the firm are TBD, raises only being given for promotions. My group is severely understaffed, the raise was welcome.

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No layoff

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Looks like graduation to me

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PwC only raise if you are promoted to a new staff level. Bonuses still being paid out, though will be lower.

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They haven’t told us how much yet. Our compensation app says “you’ll be notified late summer”

Guess i will just go f myself nobody is interested in what I have to say... 😭

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It’s not true lol. Our US chair said we won’t cut pays like some of our competitors. By some I guess she was referring to BDO (Sorry about that)

KPMG audit, no bonus, raises tbd as our yearend is 9/30, reduced 401k contribution, and some manager promotions were pulled.

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Yes we got the bonus payout in may $10k

Raise and bonus discussions are postponed until later this year. I don’t think it’s going to be great. I’m not expecting any lay offs. We are extremely understaffed to begin with and was supposed to hire a lot. Maybe they will only hire half of the planned headcount.

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Okay thanks! Then it’s different in Europe. I’m still hoping for a pay increase, to align it from my previous office, which was informally promised to me last year when I accepted the offer. I relocated from Australasia.

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