r/Accounting • F&A Consultant • Oct 04 '21

2021 KPMG Compensation Thread

Didn't see a thread started yet, so figured I'd try getting the conversation started. Y'all know the drill:

  • Service Line
  • Office/City/COL
  • Former Level -> Current Level
  • Former Salary -> Current Salary
  • VC Amount or Percentage
  • Any other info you got from your comp communicator
  • How do you feel about your numbers?
378 Upvotes

452 comments sorted by

1

u/its-an-accrual-world Oct 05 '21

Here's the 2020 thread for comparison.

12

u/2701Ihsv1855 Oct 05 '21
  • IAER

  • Texas/MCOL

  • S1->S2

  • $77,000 -> $87,500 (14%)

  • $4,400 VC

  • Nationwide senior associate average for IAER is 89k

  • I'm not sure how I feel. I had a number that meant I would be ecstatic and a number that meant it was time to exit. This number fell in between both of those numbers. I guess I'm whelmed?

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31

u/MAUSECOP Oct 04 '21

Anyone hear if new hires (Associates) are getting any type of raises? Not going to hold my breath but I know that other firms raised starting comp right after starting for some new hires.

10

u/2701Ihsv1855 Oct 04 '21

If you mean like hired over the summer, you aren’t eligible for raises. You have to be employed with the firm as of at least (I think) 4/1 to be eligible for VC and raises

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24

u/its-an-accrual-world Oct 04 '21

Have KPMG comp discussions started yet?

18

u/2701Ihsv1855 Oct 04 '21

They were supposed to start this morning

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2

u/VoteforSLAW Oct 06 '21

Are there really 3 levels for each position? Managers 1-3? Seniors 1-3?

5

u/2701Ihsv1855 Oct 06 '21

The numbers are just years at that level. An S1 is no different from an S2 in title or position. Just a way to differentiate between different levels of experience

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2

u/SnooYabba404 Jul 16 '22

:( Where is the 2022 thread?

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99

u/CeeYouSpaceCowboy Oct 04 '21

Audit A1 -> A2
Texas
58.1k -> 66.7k (14.8%)
2.9k (5%)
Good reviews. Happy with the raise.

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