(2) One-time sums, such as Relocation or Signing Bonus, are not counted. The figures in this article are rounded to the closest 1000. Actual figures may vary, depending on location, position, experience, performance, and report time.(3) Our primary source of information is Glassdoor.
- Senior managers at EY make between $150K-$220K with bonuses, based on discussions from EY employees.
- It is a good idea to understand every part of the compensation and what they entail.
- EY-Parthenon now coexists alongside EY’s Consulting division.
- EY (Ernst & Young) pays its employees an average of $89,295 a year.
- Accenture’s high pay rates are partially due to the firm’s global approach to remuneration and training.
Many positions are umbrellaed under the Assurance name such as Forensic, Accounting, Audit, and Integrity. The 2 major positions that we are going to dive in deep and talk about are Assurance and Taxes. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. In 2014, EY acquired The Parthenon Group, a Boston consulting firm, to bolster its consulting business arm. EY-Parthenon now coexists alongside EY’s Consulting division. An EY-Parthenon Consultant earns roughly $90, ,000 each year.
Audit Manager Pay Structure
You will only have to work 32 hours and they offer competitive salaries. “Our people tell us they’re attracted to the diversity of meaningful work, connection to our communities, competitive pay and benefits, and fast performance-based progression,” she said. “We offer competitive remuneration packages to help us attract the best talent. Catherine Walsh, PwC’s head of people and culture, said the firm’s competitive pay rates were designed to attract the best consultants. An Accenture senior consultant (known as a manager internally) with at least five years of experience will earn $130,000, with a Deloitte manager only slightly behind at $125,000.
PwC pays at least $93,500, EY $87,600 and KPMG $83,000. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. At EY Consulting, about 25% of a manager’s income is from additional pays. At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too.
However, Glassdoor is a platform where users can anonymously share their salary and compensation information. As such, it can be difficult to verify the accuracy of its data. Furthermore, consulting firms do not openly disclose their salary information. Therefore, the below data should only be used for reference purposes. At EY, a consulting Manager makes between $141,000 to $217,000 a year, and an EY-Parthenon Manager annual salary is $183,000 minimum and $285,000 maximum. However, EY-P offers double the amount of additional pays compared to EY Consulting.
Manager / Senior Manager, International Tax Services (Transfer Pricing)
We see a similar pay composition for both EY and MBB partners, with over half of their total salary consisting of additional pay. However, all three MBB firms provide a higher salary level than EY Consulting and EY-Parthenon. Within these 5 major positions, there are different levels. We will dive deep within each level and structure so you can know the transparency of each pay structure.
Tax Senior Salary
A senior EY-P Consultant’s salary can be much higher than their EY counterpart. An EY-P Consultant can earn between $134,000 to $198,000 a year. In the US, an EY Consultant earns around $87, ,000 annually.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Is it a red flag when a recruiter talks about unrealistic benefits like getting a chance to fly to another state just to visit the client HQ all expense-free? Join the Levels.fyi community to chat with employees at Ernst and Young and other tech companies. A KPMG spokeswoman said that staff join the firm for a variety of reasons beyond pay.
Average Base Salary
To better understand the salary structure, before making a decision, we will dive deep into all of the information you must know before applying for a job at EY. Then join EY and gain experiences that will last a lifetime. My role is being eliminated in July and my husband and I are relocating to Florida. Add your salary anonymously in less than 60 seconds and continue exploring all the data.
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An Accenture manager (known as a senior manager within the firm) earns at least $170,000 a year. A PwC manager will typically pull in $130,500, while EY pays a minimum of $125,000 and KPMG pays at least $120,000. When employees were asked about their compensation, they felt that their salaries were very competitive for the market that they were in. 335 employees felt that their salaries were superior compared to other companies in the same industry. Senior managers at EY make between $150K-$220K with bonuses, based on discussions from EY employees.
Accenture also pays the most for those with at least five years of experience, although the difference is a far smaller $5,000 from the next highest paying firm, Deloitte. It is a good idea to understand every part of the compensation and what they entail. Because not all of the compensation is paid at the same time. Some compensations like stocks can take months or years to vest.
Accenture and PwC paid the highest minimum pay for new starters and analysts, at $68,000, while KPMG had a minimum pay of $60,000 for analysts. Deloitte declined to provide a formal comment https://1investing.in/ but noted that salaries for in-demand consulting skills will rise as of July 1. Accenture’s high pay rates are partially due to the firm’s global approach to remuneration and training.
Salary range is affected by practice area, location and experience. Looking at MBB firms, BCG pays their manager roles the lowest ($173,000 – $278,000), and even lower than EY Parthenon. EY Consulting’s figures are the lowest among all five firms. McKinsey and Bain, on the other hand, pay their managers almost twice as much. At the manager level, which typically requires the professional to have at least seven years of experience, Accenture pays a minimum of $40,000 more than the next highest paying firm, PwC. We have a database of 100+ companies that are ready to hire on a 4 day work week.