What is the process/timing for existing FDD staff’s comp to be adjusted to new external hires? The pay gaps are getting crazy (15-20% above existing staff) with the latest offers.

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We don’t have that issue at A&M as everyone is on the same variable compensation model for their bonuses - and the salary component is the same for everyone at each level.

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Lmao thanks for turning this into an unsolicited A&M recruiting thread - par for the course in this bowl

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The external hires that get this bump will likely get a lower raise the following year. I’ve seen this happen to multiple people in different service lines.

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You still come out ahead though because you make more total comp over the same years. Basic example, internal hire might make $200 over two years with $90k the first year and $110k the next. But an external hire might make $210k over the same two years, with $100k first year and $110k the next.

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Don’t ever expect things to normalize without advocating for yourself. Life and comp ain’t fair and they never will be.

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Isn't that always the case? External hires get a premium, but they will get no or minimal raises until homegrowns caught up.

People believe in Jesus but have never seen him.

What are deloitte senior associates in HCOL getting as offers? hard to believe it would be 15-20% then homegrown seniors

107 as a newly promoted senior 1 in la with FDD @ EY

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