How Much Do BIG 4 Partners Earn? (BIG 4 Partner Salary - PwC, EY, Deloitte, KPMG)
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- Опубліковано 8 лип 2024
- How Much Do BIG 4 Partners Earn? (BIG 4 Partner Salary - PwC, EY, Deloitte, KPMG)
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0:00 - Introduction
0:15 - What is a Partner?
0:46 - How much do Partners make?
1:08 - How does BIG 4 pay compare to FTSE 100?
1:30 - Wider considerations #1 - Power
2:22 - Wider considerations #2 - Risks & Rewards
2:45 - Wider considerations #3 - Future of the BIG 4
3:53 - Wider considerations #4 - Opportunity Cost
4:25 - What are your chances of becoming a BIG 4 Partner?
5:02 - Conclusion
In my last video, we looked at how much you'll earn as a BIG 4 graduate, from Associate to Manager.
You can check it out here 👉 y2u.be/bBpmh9TRspU
Awesome Video James
Thanks Karl, big fan of your content as well!
Thanks for sharing, some useful career knowledge
Glad you enjoyed it Beth.
Very well explained :)
Glad you enjoyed it. Let me know if there are any others videos/content you'd like to see!
Brilliant! Loved those cocktail shots 😂! Great pace though, never too quick or too slow
Thanks! Enjoying drinking it too!
Great information 💯
Hopefully some informations how graduate scheme works would be useful
@@narendranathashokkumar2262 Glad you liked it! That's a great idea, I'll cover that in my next set of videos all the way from applying to join and how to succeed when you're in!
If you pursue the partnership route and end up being a senior manager and hate your life, it would be pretty easy to leave into industry at really high paying job. I always say shoot for partner and if it doesn't work out then you'll be fine.
Solid advice
hi, can you please explain more?
@@theredditstorytellers There are a lot of exit opportunities to non public accounting jobs for people in public accounting. If you try to become a partner and don't succeed, you'll be fine. Becoming a partner comes with lots of perks but it definitely isn't for everyone.
@@spire259that’s absolutely incorrect and this comes from a senior manager who stayed at a big four firm audit business in NYC for 8+ years. Your golden years in audit is the first 5-6 years. After that, two things happen. 1) audit firm starts to slow your pay increase significantly, and 2) you become much less attractive to the industry because to them, all you know is just accounting and nothing more. You’ll find a job no problem but you will then become behind the curve compared to your peers. When I left the big four firm, the job I took offered an annual comp of 280k, however, my bonus was pro rated just because they know big four firm doesn’t pay well and I would still come work for them. At that company, my boss was just 2 years older than I am (he’s a very smart and good at soft skills tho. Very qualified individual) was making 500k+ and he also started at my accounting firm . Two years later when I decided to leave for a more advanced role, I found it super hard to find something because companies didn’t like I spent 8 out of 10 years of my career in public. Eventually I found something that offered 400k all in (no pro ration of bonus even I joined almost mid year because companies in the industry know you were compensated well at the last company and they need to give you the full package to lure you in) and at this point, I have caught up with most but not all my peers (that are at my intellectual and social level) in the industry. I’m just telling you, your time will worth much more getting experience in the industry past that 5-6 year mark if partner is not your goal. I left late because I did wanna become a partner until I got closer to multiple partners and knew that’s not the lifestyle I want.
@@theredditstorytellerswhat he said is not correct. Many directors who coached out right before they made partner had a hard time finding a job and most just left as a controller.
So there are different level of partner. In this video is 750k pound a average of junior partner or average compensation of all different level of partner?
Hey I love the expansion pack analogy😂 I’m 15 and actually want to pursue a long term career at big 4. I drove past the London buildings earlier and was in awww. I’m taking accounting at A level and was wondering where you go from college to a job at big 4 , like how do these grad schemes work? and finally do partners really make that much ? Some have said on Reddit they made 100k as partner and now I’m just wondering the truth. Thanks
Happy to have a chat at some point and talk you through it if you'd like?
And yes - they're paid that much - I've seen the pay checks!
@@JamesAlberts sure but I don't have time for it to be a phone call so can we progress through this thread as I've got college interviews and so on and wake up at 4:30 to revise ? If that's OK with you.
Lol no partner in the big makes 100k, the lowest I ever heard was 350k before bonuses
@@jimbojimbo6873 wow well I'm excited too pursue a career. I'm very business orientated and just do my best.
@@memehub3171 YOU, as a 15-year old don't have time? 😅
Very well explained James, do you mind sharing your personal email so that I can post you some questions ?
Thanks Sandeep, feel free to contact me at james.sebastian.alberts@gmail.com
Bit quiet volume wise, but a useful video
Thanks Davos - I 100% agree, I'm going to blame this on the fact I was new to UA-cam and this was my second video!
If you're after more content, I’ve just launched my new website/newsletter which will be packed full with even more insider tips and knowledge. I've also opened up my diary if you had any questions you wanted to talk about over a video call. Check it out 👉 www.jsalberts.com/
yo turn it up dude I can't hear you
Solid advice