Got a recruiter ping last week for a Managing Director role at EY, and I have questions. Is the firm actually hiring? I thought there were all these layoffs - are you all done? Also…I have about half industry and half consulting experience, and less than five years of that as partner at a well respected smaller firm, where I am now…what base and other comp can I reasonably ask for? Finally, thoughts on trying to get to partner at EY (from MD) eventually or not in the cards? Thanks people.

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I’m at EY in the US. We are hiring in specific areas. There’s a path from MD to P, but it’s not a guarantee and will depend on your performance, business case and support. I see a lot of incoming MDs and PPs struggle with the latter - takes a while to figure out your way around the firm, who matters, etc. I would say it happens regularly but not at high rate

Comp will depend on the practice you’re going into, your expertise and experience - quite a bit of a range for MDs. It’s competitive in my experience.

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Really appreciate how helpful this thread is. Thanks.

I heard (on Fishbowl before) that MD -> P is possible at EY but I haven’t seen it. I’m not at EY though.

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It's possible but they don't want this because then every MD will ask for the same opportunity. They're also desperate to keep the number of equity partners as low as possible. They're putting it out as a carrot to get you to join, but you'll need either 5x performance (for example) over a few years or an influential leader to want you to be a partner for it to happen. The unanswerable question will be "what's going to be different after we make him a partner?"

What you not a Partner yet?

I chuckled 🤣

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