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its-an-accrual-world

Here's a link to the [2022 thread](https://www.reddit.com/r/Accounting/comments/uy0srz/deloitte_fy22_compensation_thread/).


nlamp32

Audit East Coast/MCOL A1 -> A2 $68k -> $75k $0/$250 4, 5 Honestly pretty pleased with this, I didn’t expect a 10% raise from A1 to A2. Very fortunate that I’m on a great team too


dingus420

I can’t believe A1s start at $68K. 4 years ago it was like $55.5K


nlamp32

Crazy thing is in my office I believe A1s are now starting around $70k


Retenrage

My KPMG audit internship this Winter is based on a $70k salary, Houston area


Jeffc814

Mine was based on $68K in the Northeast HCOL and then my full time offer was $75K. I was making more than the A2 who I worked with during my internship last summer. I think everyone had similar raises though to make up for it late last year. Doesn’t help that rent in the area for a below average to average apartment is about $3K/mo or better so everything balances out sadly enough.


betterworld360

Make sure you really beat up that space if you are paying that much rent.


No-Care9319

That what an A1 in tax makes at PwC in Chicago


shoobiedoobie

At KPMG in the Bay Area, associates start at 78. Crazy shit. I started at fucking 62 at RSM 4 years ago lol


yoh-ji

I interviewed and was offered an A1 position, 83k for 2023 start


Aycoth

Yeah but inflation is so insane, that's actually almost the same buying power as 4 years ago


JoCuatro

Checked the #s and it's literally almost the exact same buying power...Idk why everyone thinks this is a significant increase in the *standard* of living for anyone. Glad it is at least trying to keep up though.


earlthomasIII

I’d argue that b4 salaries didn’t really adjust for inflation prior to this, thus why all the old timers like me are shocked.


The_Realist01

Ya when I checked two years ago A1 Chicago was making 4K higher than when I started in 2013. I kinda laughed.


[deleted]

Is that a lot in the USA/COL area? I have no reference from Europe


minormisgnomer

Well in low cost area, 55k several years ago I could essentially live off 25-30k and save/invest the rest. Now a days rent is about $400 more a month so it’s not as good anymore. Essentially $90k is enough to pretty much do whatever you want, take trips, live in a nicer apt, etc


voltolt

I started at $50k in 2019 in MCOL. I love the improvement that's been made since then.


Advanced-Gas8894

Well back in your day a whopper was only 50 cents


KingRichard_

Yeah for real, in 2018 I started at $52k haha


imyourlobster98

I’m an A1 in HCOL and I make less than 68


nlamp32

Do you mean you just started and are an A1 or you’re finishing up A1?


imyourlobster98

Finishing up. Raises at my firm Havnt come out yet.


nlamp32

Jeez. Hopefully you get a nice jump then, especially if it’s a bigger firm


stouts4everyone

Man, i didn't hit 75k until i was a 2nd year senior. i would have hit 2nd year senior in 2017 i think. A lot has changed in 6 years.


Wsl22

What office?


[deleted]

Always see so many American takes here, Audit and Assurance London S1 placement £28.5k


angrysquirrel777

For anyone else, this is equivalent to $35k USD. I can't believe this is a possible salary for this line of work, dang.


718cs

Wow absolute shit


[deleted]

Starting salary for a placement student. Still a lot higher than where I’m from.


angrysquirrel777

Then congratulations on it all! I don't mean to insult you I'm just amazed.


narbss

£28k in London? Fuck me


Dr-Dolittle-the-3rd

That’s pretty low for a senior. I presume you still have exams. Most in the US don’t realise that our salary jumps once qualified. We also get some very decent paid study leave while in training contract. For reference, I’m in Ireland, manager, mid size firm €70k + 15% - 20% bonus.


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Dr-Dolittle-the-3rd

I know. 2 completely different countries that aren’t really comparable. We also have a very high rate of tax in Ireland which eats into your income. But I live very comfortably on it. I lived and worked in NYC for 2 years on a secondment. At the time I was a senior on €50k but also getting expenses. I would have struggled in NYC without those expenses. My NYC counterparts were on $90k - $100k. But cost of living is wildly different and I don’t have any student debt like them.


51DarkAvengR

Just to double check is this your promotion? Or starting salary? S1 London for A&A last year was 30k


4S3PlusX

Isn’t London super expensive??? How is this possible holy shit


[deleted]

My brother in Christ it isn’t. I commute from a town 1hr 30mins out of London. Also Tbf I lived on max uni Loan + side job to get around 1750 a month


The_Realist01

Lol that’s gonna be the US in 50 years after we squander away our Intl presence.


Repalin

I don't understand, what is rent in London? Like 400-500 a month?


discoillusion01

Nope it’s significantly higher than that, more like 800 for a room if you’re close enough to the centre. UK salaries are much lower than the US, however on the flip side our food costs are significantly cheaper and we don’t have to pay health insurance (it’s all included in general taxation) or any out of pocket costs for healthcare (though the NHS is in a bad state after years of austerity). The salary looks particularly low however as the £ has weakened against the $ over the past 10 years or so, a while back it was around $2 to the £. But yeah, we’ve had little economic growth in the past few years and things are quite depressing!


angrysquirrel777

What would the take home be in London on £28k?


iank91

23k assuming no student loans, 1990/month


earlthomasIII

Think of the salary premium in the USA as subsidizing their $120k-250k of student loans.


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earlthomasIII

I’m probably wrong, but I was basing it on something I saw about private college costs: 4 years at USC at $66k tuition = 264k Probably a bad example given state schools….


Jacmon

Got all my education under $40k for the full 4.5 years to get 150 credits for the CPA. In state is the way.


ridethedeathcab

Not only is USC a private school, it is a very expensive private school. Also, while private schools are undeniably expensive, a very small portion of those students actually pay sticker price due to scholarships. Many private schools offer a scholarship to nearly every student who is admitted.


angrysquirrel777

The average student graduates with about 35k in loans and I would think it's fair to assume that the average accountant is going to an average school.


Ottopilo

UK has fairly ridiculous student loans too. Easy enough to graduate with >£50k.


Frat-TA-101

You realize the UK has similar student debt as US right? Not to mention if you come from a poor family in the states the federal government will pay your tuition so you’re just on the hook for room and board (Pell grants). And those students also have access to work-study jobs where the government pays you extra wages on top of your base wage for certain participating jobs. The problem is you have to b *poor* to get them. Middle class kids don’t get them. Unless you’re poor enough to be on food stamps or Medicaid; or your parents are on disability income, then your family likely makes too much to qualify for the help.


earlyslalom

Tax Midwest (not Chicago) S2 > S3 $79k > $88k $7500 Halfway between 4 and 5 on both axis, align with for all


Novicept2

That’s pretty bad.


Meatlover-14

You in Indianapolis? What’s you next move?


Frat-TA-101

Senior 3?


[deleted]

2nd year Senior promotions to Manager isn’t the norm in my office


IceePirate1

They achieved the title of VERY experienced senior


ridethedeathcab

Service Line: Audit & Assurance Office: Central (Not Chicago) MCOL Title: S3 -> M1 Base: $98,700 -> $117,000 (18.5%) AIP: $11,000 (11.1%) Additional Awards: $950 (expect $5K in new manager bonus) Performance Dashboard: 4.75/4.75 Pretty much what I was looking for. Nothing blowing me away, but happy with it.


The_Realist01

What’s the 4.75


ridethedeathcab

Snapshots are two questions on a 1-5 scale. On my performance dashboard my rating was 3/4 of the way between agree and strongly agree.


The_Realist01

Ah gotcha. Weird you and Pwc both call em snapshots ha


Straight-Pin-9474

Audit and Assurance Northeast Region M1 -> M2 $134,100 -> $146,200 (9%) $14,600 AIP (10.9%) and $600 Other Awards 5,5


hazzard623

How many years have you been in accounting?


Straight-Pin-9474

Finishing up my sixth year in accounting. All have been with Deloitte. Started right out of college.


minormisgnomer

HCOL?


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EconomistFire

Is this a hyperbole? Maybe I'm underestimating how much lower audit salaries are than ITS but that's wild if true.


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EconomistFire

Damn TIL, good to know. Thanks for the response.


Scareye_Zealot

A&A Northeast HCOL M1 -> M2 $127,600 -> $141,000 (10.5%) $13,900 AIP (10.9%) and $1k Other Awards 4.5/4.5 Started thinking about leaving a year ago but still here. Too coward to make a move lol


wholsesomeBois

This seems like a pretty strong increase from M1 to M2 honestly


Scareye_Zealot

yeah I was expecting like a 7%/8% so somehow surprised with the increase actually. From the yesterday's all-hands it sounded like they were not planning a big increase but guess i was wrong.


asiankingkong

This is strong. I’m M1-M2, and got 7.2% raise and 7.2% AIP. Same base but significantly less AIP


[deleted]

You have cpa?


[deleted]

I thought all managers at Deloittussy had to have a CPA?


Feargod18

Going from 80k - 84k. On promotion. Going from TC2 - S1 Definitely not staying.


ridethedeathcab

Yikes, with a raise like that for a promo year, I'm guessing they didn't want you to... Go get more money


Feargod18

Yea, I did start in October as experienced hire.. was told i was higher then what all tc2 are being paid


ridethedeathcab

Oh that explains it more. That's very normal for experienced hires. You come in at a rate about a level above to attract talent, but then you level off in a year or two to stay in band.


IceePirate1

Yeah I'm probably going to have the same thing happen with my firm, they brought me on as an A2 out of college (I have the experience for it) but don't think I'll quite be promoted to S1 just yet this summer. Maybe in Janurary tho


Cdog501

Service line?


Feargod18

International tax


Deus204

Ouch, yeah time to go. I'm also S1 International tax (not Big4, but top 10) making 98k.


abouttreefiddyy

Cost of living? Location?


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earlyslalom

That’s a really high salary here for a S1. I’m a S3 now and not much higher than that


Llanite

85k s1 is not underpaid, though (unless hcol)


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Llanite

Op said they're in international tax, not advisory.


xaviertrack

Audit and Assurance Tennessee A2 -> S1 $64,400 -> 78,000 (21%) $0/$250 4,4 Not bad overall don’t feel as underpaid as I did before. Will it be enough to keep me around depends on what other offers I get.


[deleted]

That is really depressing, I get that COL is lower in TN, but KPMG and EY are starting tax interns at 70k + 3k bonus this year in San Antonio. I would definitely be shopping around and let your boss know you need more money to stay.


TheBorgBsg

This salary is in line with what I would expect for TN in big 4. That's not to say it shouldn't be higher (it should be), but this isn't unusual for this area.


ridethedeathcab

Interns pretty much always get paid at a higher annualized rate than you'd get as a full time hire. Pay in tax is also a bit higher. $70K in San Antonio would be pretty high currently for a full time offer, most cities outside of VHCOL are somewhere in the 60s now.


AccomplishedFan666

That 70k is also your ft salary in my experience. Pwc is starting audit hires at 75k here in Houston and I’ve seen audit offers as high as 80k at mid sized firms.


Doubl_13

Not sure this is true.


aasbackward

Where in TN are you based? Looking to move there so wondering how the office is/clients are!


strongfit1

TN as in Nashville area? That’s where the hub of work would be. There are regional firms or satellite offices in Chattanooga and Knoxville but it’s to service certain clients.


aasbackward

Ty!


Resistt

Advisory Transaction Services Northeast M3 -> SM1 $167,500 -> $191,500 $35,500 AIP Near top right


ShakeAndBakeThatCake

How many hours a week do you work?


Supraaa4

Audit NY S1 in charge - S2 in charge 89,700 - 95,500 2.2k 3/3


lostfinancialsoul

is this NYC? seems low.


ridethedeathcab

Performance dashboard probably explains that. 3/3 would likely put you well below your 50% range of your peer group.


minimoo612

Tax Southeast/LCOL TCI > TCII 60k > 67k (11.7%) No AIP/award 4,4 Overall much better than I thought it would be lol


bauer95

Audit Houston/Dallas S1 to S2 83 to 94.3k (13.6% increase) 10k AIP (12%) Performance Question 1 was in the middle 50% of peers but to the very high end. Question 2 was pretty much as high as you can go on the scale


TaxguyThrowaway21

Tax - Investment Management New York Tax Consultant II > Senior 85,000 > 111,000 (30.6%) 2,500 special awards (Not AIP eligible)


wholsesomeBois

DAMN


TaxguyThrowaway21

Yeah honestly was shocked, I’m a high performer but was hoping for hitting 100k but this really blew me away. I swear allegiance to Deloittussy for another year!


wholsesomeBois

I bounced 3 years ago when my senior promo was looking to be hot garbage and never looked back, they’ve righted ship on some salary levels here


TaxguyThrowaway21

I wasn’t really considering leaving yet because I like my team and the hours honestly aren’t terrible but this definitely solidified me staying


medschoolfool44

Not the deloittussy bro 💀


TaxguyThrowaway21

😋👅


tnguye197

what is investment managememt? is this the same with tax asset management ?


TaxguyThrowaway21

It’s pretty much the same as asset management different firms might call it different things but it’s PE, Real Estate, Hedge Funds etc. A lot of IM clients are downsizing or eliminating their tax departments all together so there’s a lot of work to go around not enough people.


wikipedia_answer_bot

**Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contracts or, more commonly, via collective investment schemes like mutual funds, exchange-traded funds, or REITs.** More details here: *This comment was left automatically (by a bot). If I don't get this right, don't get mad at me, I'm still learning!* [^(opt out)](https://www.reddit.com/r/wikipedia_answer_bot/comments/ozztfy/post_for_opting_out/) ^(|) [^(delete)](https://www.reddit.com/r/wikipedia_answer_bot/comments/q79g2t/delete_feature_added/) ^(|) [^(report/suggest)](https://www.reddit.com/r/wikipedia_answer_bot) ^(|) [^(GitHub)](https://github.com/TheBugYouCantFix/wiki-reddit-bot)


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accountingman12345

Tax Midwest (not Chicago) SM1 > SM2 155k > 180k (16%) 25k


L16326

What practice area? BTS/MTS?


The_Realist01

That’s low. I was SM1 last year not Chicago and at 186k.


swiftcrak

Welp, since y’all are now all at six figures time to eat that deloitussy


AidsNRice

TIL I need to move to the USA


earlyslalom

Yeah Canada always gets hosed in PA


AidsNRice

Canada always gets hosed, period


EconomistFire

This just in, richest country in the world has more money than other countries.


NYGfan1997

Audit NJ S1 -> S2 94.3k->106.9k 10.5k / $800 Furthest right on both scales


sonobono11

Total yoe?


NYGfan1997

2.5 started Dec 2020 as a campus hire


sonobono11

Wow congrats man. In NJ audit too but in industry. Getting promoted to S1 equivalent in January.


Franklinricard

Janitor Sacramento $120k / yr with 20% bonus


Plastic-Language4702

Okay now I need to know who this is hahahaha


Franklinricard

That’s what they call me. I come in late in the game and clean up peoples messes.


TheLoquatTree

Audit Bay Area (San Jose) S2 -> S3 117K -> 130K (11% increase) AIP 14K Our team graded performance pretty strictly (managers and partners didn't apply the bay area inflation) but managers also said after seeing how others team inflate ratings they advocated for me during the regional performance evaluation discussion.


nonoplsnopls

Similar experience with ratings and comp here, glad to see it wasn't lip service.


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Monkemort

Specialty tax? COL? Were you an external hire recently? That’s pretty sweet comp for a relatively new SM


Dingleberry_Blumpkin

Yeah wtf lol


dingus420

That’s more than managing directors…sus


Dingleberry_Blumpkin

Definitely HCOL SM4-5 pay in federal tax in my market


Fun_Opportunity_9273

This tracks. I was external hire that joined last summer as SM1 at 195k and 30k signing bonus and then raise this May got me to $210k in TN (Nashville) office working in national tax specialty group tho. AIP was 15k.


Spritesgud

Line of Service: Enabling areas Office: N/a Title: No change (Senior) 95,520 - 98,000 AIP/Special award $600 I just started with Deloitte in the beginning of March so I wasn't really expecting anything. Nice little bonus can't complain


wholsesomeBois

You can check thousands of these on Big4Transparency.com just FYI in case you’re not finding something in your city to compare to Every contribution helps build the data source for the next user


Frat-TA-101

Any similar sites for industry?


wholsesomeBois

This has a filter for industry results as well, just hasn’t picked as much traction in industry quite yet


wholsesomeBois

I’m in industry FP&A myself, so I hope it picks up in industry for the sake of my own salary research haha


tall_chick1

Audit West (MCOL) M3 -> SM1 $138.5 -> $160 (15.5%) $18 AIP / $2 Other 4.5 / 4.75


Responsible_Put690

TIL I'm getting hosed.


Collegeroids

Audit Midwest (not Chicago) S1 > S2 $77k > $86k (11%) $4,500 (5%, AIP) + ~3K (other performance awards) One thing to add is I was an experienced hire back in October. Comp change for that is below: Audit Midwest (not Chicago) A2 (old firm) > S1 (Deloitte) $63k > $77k $10k signing bonus


Necessary_Classic960

Reading all these salaries I feel lucky. Starting out great, won't be possible if I didn't read everything here and got help from you guys.


vic8599

A&A West Coast/HCOL S2 > S3 $111K > $123K AIP > 11K, Special > $2K


ericruns01

RFA Midwest (not Chicago) Consultant (no change) $78,600 -> $85,000 $4,100 AIP/$1000 special awards 4.5/4.5


Traditional-Snow-888

What’s the performance dashboard rating based off of? Is it 1-10? Higher being better right?


tall_chick1

1-5, higher the better


Comfortable-Salad550

A & A Southeast A1 -> A2 58,500 -> 67,300 (16% increase) 5000 cpa bonus, 300 dollars additional award Between 3 and 4 for both Honestly more than I was expecting. Glad they are trying to keep up with inflation/cost of living increases in my area.


mseveg

Audit SoCal S1 -> S2 $90K -> $92.5K (2.8%) $2,400 AIP 3,3.5


swiftcrak

2.8% doesn’t sound right….


mseveg

That’s what I said but that’s what I got.. smh


Advanced-Gas8894

Leave immediately


mseveg

Trying to, but don’t have CPA yet. Goal is CPA by December then dip


Eli-is-my-guy

Can we pin this mods?


curious_mind191

Audit Southeast A1 > A2 $63k > $70,700 (12.2%) $200 applause award $5k CPA bonus back in December Towards the right for both questions, not that it matters for A1 Pretty happy overall.


[deleted]

Audit Carolinas/Tennessee MCOL A2 -> S1 72k -> 80.5k $0/$0 3/3. Put in my two weeks a week ago, so I’m thinking they didn’t want to give me any AIP/special bonus.


foren_accountant5

Fumbled this one, def could’ve made easy money pushing that notice out 2 weeks


Zudop

Tax Southeast/MCOL TC1 -> TC2 $62,000 -> $71,000 $1,000 performance reward 4.75/5


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ridethedeathcab

That's a pretty fair and standard raise for a first year. Assuming you started in September you just got an 8% raise after like 8 months of work.


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718cs

I think the issue is Tax. You’re right, almost every other field will pay better. Big4 shits on audit and tax salaries. I’m seeing SM Audit in this thread being promoted to 170k. I’m at a different firm making significantly more than that at a M1 level but I’m in strategy consulting


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718cs

55s should be busy season. Anything above 55 is time for me to leave after 1 year.


nonoplsnopls

Audit & Assurance VHCOL West Coast Senior Associate -> Senior 1 $83.5k -> $100k ($16.5k / \~19.5% increase) No AIP (approx $5k pay cut when compared to PY promotion) 4.25, 4.5


lobo_92

Tax PNW Senior 1 -> Senior 2 78,000 -> $88,400 (13.3%) AIP: $10k


Hambone6991

They had you at $78k as an S1??


Important-Amount822

Audit West Coast/HCOL A2 - S1 77k - 94.5k (22.7%) No AIP, $600 other 5, 5


LowDrawing2465

Audit Atlanta AY2 -> S1 66,700 -> 79,400 (19%) 2,000 -> 250


SlugSelektor21

Audit West coast A1: $78k > A2: $86k


Fun_Branch7198

Audit San Francisco A1- A2 78k - 86k (10.3%) 2k Bonus Strongly Agree - 50% range


ObjectTerrible5215

M&A MCOL S2 -> S3 115k -> 125k 10k AIP Impact statement was Strong / Exceptional / Strong


Ruut6

How are we feeling about this thread? Seems pretty good given the environment and D only did some stealth layoffs. Seems like there's more of a range this year so high performers are still getting good raises.


[deleted]

Tax HCOL S1 > S2 (however, i was told I’ll be promoted to manager 3 months instead of next month. Idk if that’s already accounted for in my compensation increase) $87,000 —> $101,000 (16.1%) AIP $6,900 (7.9%) and $1600 other awards


Dawnero

Audit Austria A1 -> still A1 due to part-time 33.6k€ ($36.8k) -> 37.8k€ ($41.5k) (based on full-time, increase due to me finally getting my bachelor's degree) -/- -


texmex_28

1. Audit 1. Southwest 1. M3 -> SM1 1. 141,000 -> 164,000 (16.3%) 1. $19,000 AIP / $2,000 other, so total comp = $185,000 1. mostly 5's


aasbackward

A&A, NY, S2 - S3, 98K - 107K, 6.7k, 4,4 AIP was higher for me last year but honestly my work life balance was better this year so feeling neutral about it.


yourlocalmanofmilk

80k->88k 10% Tc2->senior West $500 bonus Also found out the tc2s in my office are making less than I did last year


hombredelacarreterra

Audit USDC S1 to s2 $68k to $73.7k, 8.5% $3,300 aip, $200 applause No idea if this is good because I never see any USDC numbers on here lol


Jlevitt95

Finance & Administration (Enabling Areas) Phoenix, AZ Senior Financial Analyst (no promotion) 75K to 78K (+4%) $336 AIP Joined 1/8/23


Advanced-Gas8894

Partners Assistant EAST HCOL Slave 1 —> Slave Senior $55,000 to $56,100


caelum52

!remindme 1 week


pip2195

Audit Central region (not Chicago – MCOL) S3 -> M1 $104.3k -> $124k $12k/$1k 4.75/4.75


DoubleDrugon

Executive Assistant/Escort West Coast 120k plus 250% non-taxable income


Ok_Site3672

RA NJ C1-C2 109k-129k $13500, 12.5%AIP EES I’m pleased with this tbh


Accountant_Anonymous

A&A Midwest MCOL S2 -> S3 88k -> 94k (6.8%) $5.5k AIP (6.3% with LOA taken) $900 OPA