What is the difference in the roles of partner, principal and director are they on the same level or progressive path

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Directors at Deloitte don't have equity. They are still employees but have the same "level" as Partners or Principles at Deloitte. There are some decisions that Directors are not part of. There are currently 3 levels to Director and ~16 to the P/P. I don't believe Director can hold the national titles over service line, CEO, etc. But it is different than KPMG, PWC, Director at Deloitte is the top. They very rarely switch people from Director to a P/P.

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Depends if your firm audits stuff or not. Since ours audit stuff, Partner refers to someone with equity in the firm and a CPA, whereas a principal is someone who has equity but does not have a CPA. It's a rule in place so CPAs can feel special and has little bearing on anything. At least at PwC, a director is someone who is a step below a principal and doesn't have equity.

These terms do have different meanings though from firm to firm

For my question, considering PPs are above EDs, what's the difference and manner in which money is made? My notion was that directors have a fixed salary, but no profit sharing, whereas PPs have no salary, and only profit sharing. Please correct if I might be wrong.

Following. Have a view but want to read what others say.

What I was trying to say in my post is that P/P/D's are all the same level at Deloitte. To everyone below their level. So unless you are a P/P/D there is no difference as far as you are concerned. Directors often are more involved in staffing, performance, compensation discussions. They are not the same as Director level at KPMG or PWC. They are also the top.

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