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re: How much do partners at Big 4 Accounting Firms make?
Posted on 12/21/20 at 11:14 am to dewster
Posted on 12/21/20 at 11:14 am to dewster
I think you are overstating it for advisory, particularly the gulf coast. It also varies a bit firm to firm. The jump in pay is from director/sm to partner/non-equity partner. In your example you are going from $60k-$180k in 5-8 yrs or so. That is a false expectation.
1
Posted on 12/21/20 at 11:15 am to dewster
quote:
Manager level at big 4 can make pretty close to family med salary if you include bonus. 180k-220k isn’t unheard of these days.
Damn, I imagine their wives have to work too. To supplement.
Posted on 12/21/20 at 11:18 am to Cocotheape
quote:
Can’t speak for NYC, Seattle, Bay Area markets, but that is not what tax and audit managers are making in 99% of offices. Honestly those numbers aren’t even close.
It seems overstated for every market. It's incredibly easy to find Big 4 comp bands by market. There are massive annual comp threads by firm on reddit, Google docs that make the rounds, etc.
Posted on 12/21/20 at 11:22 am to bgbam07
My cousin is. He lives in a $2 million house and belongs to a country club that costs $100k to join.
Posted on 12/21/20 at 11:23 am to bgbam07
I’ve heard avg partner @ Deloitte is bringing in about $650/yr.
Posted on 12/21/20 at 11:33 am to bgbam07
I have several buddies that were full of excitement and wonder as they started their careers right after college with a Big 4 firm. Talking big game about their starting salary and their track to partner.
5 years later they were all out of big 4. They're doing very well in life, but those companies sucked the life out of them. They had no lives because of the hours.
They'll all say it was worth it though, great for their resumes.
5 years later they were all out of big 4. They're doing very well in life, but those companies sucked the life out of them. They had no lives because of the hours.
They'll all say it was worth it though, great for their resumes.
Posted on 12/21/20 at 11:37 am to Cypdog
quote:
I think you are overstating it for advisory, particularly the gulf coast.
That’s in line for advisory in most markets. Audit is lower, but isn’t that much lower especially if they boomerang or were experienced hires.
This post was edited on 12/21/20 at 11:43 am
Posted on 12/21/20 at 11:39 am to JDMMonroeTiger
quote:
I’ve heard avg partner @ Deloitte is bringing in about $650/yr.
This post was edited on 1/10/21 at 11:04 pm
Posted on 12/21/20 at 11:47 am to Cocotheape
quote:
Can’t speak for NYC, Seattle, Bay Area markets, but that is not what tax and audit managers are making in 99% of offices. Honestly those numbers aren’t even close.
What would be your estimate for a range on audit/tax managers?
Posted on 12/21/20 at 11:53 am to dewster
quote:
Manager level at big 4 can make pretty close to family med salary if you include bonus. 180k-220k isn’t unheard of these days. Likely more than that if they are about to be an SM.
Accurate. Key is “isn’t unheard of”. Meaning it’s not the norm but that level of pay exists for people as poster defined.
Posted on 12/21/20 at 11:55 am to bgbam07
Not sure, but a golf buddy that was a partner was paying his ex-wife $10k a month alimony. 
Posted on 12/21/20 at 11:57 am to dewster
MBB or Deloitte?
Posted on 12/21/20 at 12:20 pm to Larry Gooseman
In Atlanta I’d say 90-120
Posted on 12/21/20 at 12:31 pm to Cocotheape
For consulting the range is huge. I don’t know what minimum is for managers now, but I’ve known manager in our sap practice to start in low 160s. Was hired at EY as experienced senior in the 130s.
The key is changing jobs at the right time to make market pay. I’d say the difference with audit/tax and consulting is that consulting professionals more apt to make job changes that result in them being paid market wages.
The key is changing jobs at the right time to make market pay. I’d say the difference with audit/tax and consulting is that consulting professionals more apt to make job changes that result in them being paid market wages.
Posted on 12/21/20 at 12:32 pm to Cocotheape
quote:
In Atlanta I’d say 90-120
A partner at Big 4 in Atlanta only making $120K? There's no way that is correct
Posted on 12/21/20 at 12:35 pm to jchamil
quote:
A partner at Big 4 in Atlanta only making $120K? There's no way that is correct
Manager for Audit/Tax
Posted on 12/21/20 at 12:37 pm to Larry Gooseman
quote:
Manager for Audit/Tax
Is that a partner?
Posted on 12/21/20 at 12:42 pm to jchamil
Poster responding to my earlier question about range for Audit/Tax managers, specifically in Atlanta.
Not a Partner.
Not a Partner.
Posted on 12/21/20 at 12:55 pm to Larry Gooseman
quote:
specifically in Atlanta.
Why?
Posted on 12/21/20 at 1:15 pm to Larry Gooseman
Right. Manager =/= Partner.
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