What is the difference between Managing Director and Partner at EY? Is the comp the same?

likehelpful
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Partners have equity and a higher comp upside. MDs are nominally easier to fire, but that’s mostly because they don’t need to be bought out. EY has shown little hesitation in letting go of Partners who aren’t hitting their numbers since at least 2018-19, and Everest demonstrated that the firm’s leaders think of line Partners as little more than employees.

likesmart

Partners are owners of equity it is the top rank. Managing directors are employees and it is the second highest rank. Both are considered executives and can sign binding contracts on behalf of the LLP. Comp is completely different as partners are K-1 and MDs are W-2. Generally speaking on average the comp trajectories for partners are much higher.

likehelpful

Equity vs no equity is probably the biggest difference, MDs cant sign sows, MDs are easier to fire because MDs are employees

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So what would be the range of base for MDs vs Partners?

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likehelpful

Wanted to thank... everyone.
We complain a lot here but still, thank you for all the answers and support we all provide here.

Always helpful to be able to ask and receive advices.

Enjoy this nice weekend!

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