If you work in consultancy, tech or software, chances are… You probably work countless hours in front of a computer. Search for all salaries on our compensation page or add your salary to help unlock the page. 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. When you look further into what makes up the compensation plan at EY, you see that there is a lot more than just—the salary.
Audit Staff 1-2 Pay Structure
We’ll compare these figures to a similar junior-level consultant at MBB firms. The minimum and maximum pay for MBB consultants can be 10-22% higher than EY’s salary. ey senior manager salary All three firms offer more generous base pay, higher bonuses, and more additional income such as stock or commission. (1) Unless stated otherwise, salaries in this article are based on US figures. (2) One-time sums, such as Relocation or Signing Bonus, are not counted.
EY and EY-Parthenon consulting Intern salary 2023
Most EY salary guides online are very vague and do not give you sufficient information. 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. At EY Consulting, about 25% of a manager’s income is from additional pays. Everything you’ll do will come back to providing exceptional audit activities for our clients. Colleagues and clients from a diverse array of backgrounds will look to you first for answers, so you’ll be a high-profile contact when it comes to resolving complex issues.
To get more detailed, we will lay out a table below that goes over the salary averages by the department at Ernst and Young. Join our community to connect with ambitious applicants and ex-consultants. 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. Visit the Levels.fyi community to engage with employees across different companies, get career tips, and more. Add your salary anonymously in less than 60 seconds and continue exploring all the data.
External Audit – Senior Manager – Houston
- Higher positions like these see a large difference between the min-max amounts reported, both in the base pay and bonuses.
- As one ascends through the ranks, compensations and benefits vary greatly due to a consultant’s experience and contribution to the firm.
- 335 employees felt that their salaries were superior compared to other companies in the same industry.
- Many positions are umbrellaed under the Assurance name such as Forensic, Accounting, Audit, and Integrity.
- You can expect plenty of autonomy in this role, so you’ll also need the ability to take initiative and seek out opportunities to improve our current relationships and processes.
The 2 major positions that we are going to dive in deep and talk about are Assurance and Taxes. Looking at MBB firms, BCG pays their manager roles the lowest ($173,000 – $278,000), and even lower than EY Parthenon. McKinsey and Bain, on the other hand, pay their managers almost twice as much. 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.
Components of compensation at Ernst & Young
Compared to MBB firms, EY and EY-P offer a competitive Intern salary, with higher base pay. Higher positions like these see a large difference between the min-max amounts reported, both in the base pay and bonuses. As one ascends through the ranks, compensations and benefits vary greatly due to a consultant’s experience and contribution to the firm. We see a similar pay composition for both EY and MBB partners, with over half of their total salary consisting of additional pay.
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. The roles and positions that were stated above are only the most popular. The company is enormous and has various other roles and positions. Down below you will find a table with some of the other roles within Ernst and Young.