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50 shades of black under my eyes..
Advice needed - boyfriend has almost 3.5 years of finance experience at a bank. Interviewed for PwC valuation senior associate and now recruiter says they want to hire him at “experienced associate” because he has no valuation experience. Is this too big of a step backwards in career? Should he push back and see if it gets him anywhere? If he does accept Associate, is it reasonable to ask for written, definitive timeline (1 year?) for promo to Senior upon meeting standards? Help!
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The people who know, know (the raise %) at BDO
It depends
Sound like you are the total package if you got the full 5!
It’s dependent on so many factors. Average across the firm below Principal is 3% to 5% on non promotion years. Not great. Principals haven’t gotten raises or bonuses for the past two years.
It really depends. I got close to 15% but I know others at my level were 3%. Avg across firm is around 5-6% I believe.
Partners receive a pool of money with recommendations but can use their judgement to tweak as needed. If the tweak is larger than their bound they move within, they need approval.
To receive high raises - achieve the fantastic rating, contribute to the firm and let it be known that you’re good to the people who matter.
I agree with this. It makes sense.
I got a rating of successful and been here less than a year. I got a 8.8% raise and a 7K bonus.
TBH - I was expecting 2-3% and no bonus because of my tenure.
I can only imagine seasoned employees with higher rating.
Minimal
I dont BDO personally, but at every firm, it is going to vary based on level, location, performance, service line, etc...
You will get a better answer if you provide some more details
Why would you think that every person would get the same % increase?
SMH