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What does everyone think about the EY news?
What is the comp model for partners at A&M
Why share this information with OP on a public forum?
It’s not hard information to find out and is openly shared with staff. It’s also a pretty compelling capital structure and could be useful to talent attraction. So, really, why not.
Deloitte Canada is number of units x 70% of prior year unit value. Can be fully financed and capital loan is interest only for as long as you’re a partner and they pay you about 65bps spread to bank capital loan rate.
At EY, it is structured as a percent of your draw.
Number of units times x amount. It’s not bad to be honest. 4 docusigns and it’s a done deal. Plus the firm pays you 100bps above the interest rate and it’s interest only payback for the first 2 years
% of target comp/draw
What %
Doesn’t really matter - it’s never a barrier bc you can finance, make income on interest rate spread, and pay back over a long period at most firms.
Or never pay back at Deloitte 😊