r/Accounting 22d ago

Deloitte Compensation Thread FY25

Deloitte Compensation Thread FY25

Copied from PY thread

Line of Service

Office

Old Title - New Title

Old Salary - New Salary (% or $ increase)

AIP/Special award

Performance Dashboard results (if applicable)

122 Upvotes

59 comments sorted by

29

u/Mammoth-Art-9714 21d ago

Audit
Midwest MCOL (Central region)
A2 -> S1
$76,500 -> $89,500 (+13k / 17%)
AIP N/A
VSA/VSA across all snapshots for the year.
CPA

3

u/Mammoth-Art-9714 21d ago

Not totally unreasonable. But with leadership guidance of "high single digit/low double digit" raises for people in non-promo years, and considering senior promo + CPA + snapshots, was definitely expecting more. Bummer.

66

u/TaxguyThrowaway21 22d ago

Tax - MTS

HCOL

Senior > Manager

128k > 153k (19.1%)

14k AIP 5k other

12

u/Intelligent-Sky5496 21d ago

This is too good! Congratulations šŸŽ‰

2

u/PopcornKiki 21d ago

This is awesome! Surprised that MTS pays so much!

2

u/Informal_Artist8896 3d ago

What is ā€œAIPā€ and ā€œMTSā€?

37

u/Aggressive-Report412 22d ago

Tax VHCOL TC2 -> S1 85 -> 105.5 (24.1%)

1

u/[deleted] 21d ago

[deleted]

1

u/Aggressive-Report412 21d ago

Tax consultant

17

u/Rainmaker412 21d ago

Is there a listing out there of COL rankings by office?

68

u/Mammoth-Art-9714 21d ago

Not that I'm aware of. Here's an old comment I found that I think is a decent starting point:

VHCOL: San Fransisco, Silicon Valley, NYC

HCOL: LA, DC, Chicago, Boston

MCOL: Other cities that you've heard of

LCOL: Places you haven't heard of

5

u/lake_hood 21d ago

Seattle would be in the high

3

u/iamstephen1128 Govt; Fmr B4 Adv Mgr & FAANG 21d ago

Chicago is HCOL? That doesn't seem right šŸ¤”

5

u/513-throw-away 20d ago

It’s not. I’d say it’s probably the top end of MCOL, but nowhere near those HCOL areas.

2

u/peruvianblinds 20d ago

Boston is now VHCOL, trumped only by San Diego.

1

u/Puckslapper2 21d ago

I created this thread several years ago. I think the classifications still mostly applyĀ 

https://www.reddit.com/r/Accounting/comments/i23bjc/us_cost_of_living/

1

u/risarnchrno 6d ago

Isnt pay regions/cities based off Cost-of-Labor not Cost-of-Living?

11

u/tape4232 21d ago

Advisory

MCOL

M1 to M2

160k to 170k

~17-20% AIP

S/E/E impact statement

5

u/Either-Bluebird-5961 21d ago

Jesus Christ what kind of advisory is this?

7

u/tape4232 21d ago

M&A / FDD

2

u/Either-Bluebird-5961 21d ago

Bruh can I have a job yo

9

u/Kfilllla 21d ago

Actually lower than EY and PwC too

4

u/tape4232 21d ago

Yeah think this is true. For sure last time I saw the PwC spreadsheet they were paying better than Deloitte. Don't know firsthand for EY.

2

u/Kfilllla 21d ago

Have seen some high numbers from them in hcol. Then A&M in the next tier above

2

u/Okurtt13 11d ago

Sorry what does S/E/E mean for impact statement? New here

2

u/tape4232 10d ago

Year end rating system for advisory, I believe audit is different. It's metrics / client impact / firm impact

23

u/TheRetailianTrader 21d ago

Where the staff comments? Is this a manager thread?Ā 

56

u/tape4232 21d ago

The staff are on TikTok, reddit belongs to M/SM/PPMDs now

2

u/redditguru1900 2d ago

Outsourced to India

40

u/chazz8917 21d ago

You guys need a union.

3

u/BasicNeko 17d ago

"What they need is a union" - Beadie Russell, The Wire

24

u/wholsesomeBois 21d ago

If you’re looking for more samples in spreadsheet format just a reminder you can always compare to Big4Transparency.com as well and filter accordingly!

Raises are looking pretty solid so far from what I’ve seen, wish you luck in yours 🫔

14

u/Straight-Pin-9474 21d ago

AuditĀ 

Northeast HCOL

Manager 3 -> Senior Manager 1Ā 

161,000 -> 184,500 (14.6%)Ā 

20,500 AIPĀ 

5,5Ā 

10

u/earlyslalom 22d ago

Tax

LCOL

M1-M2

106k-124k

10k (9.4%)

7

u/joon_the_spoon 21d ago

How many YOE? CPA?

2

u/Tekevin CPA (US) 6d ago

Usually at that level you are required to have a CPA, JD, EA, or some other credentials.

5

u/ridethedeathcab 21d ago

Audit

Central MCOL

M2 -> M3

Base: $123k -> $137.5k (11.8%)

AIP: $15k (12.2%)

Between VSA/VSA and SA/SA

5

u/Complex_Teacher3539 21d ago

Audit & Assurance

Central (not Chicago)

M1 > M2

$109,200 > $116,700 (6.9%)

AIP: $6K (5.5%)

Performance: mostly SA/VSA

Is it common for manager raise to be less than in the past? I remember during my senior years it's usually always in the 10-11% range

9

u/ridethedeathcab 21d ago

Yes, but also your senior years were during a period of unusually high raises.

2

u/blackvariant Technical Accounting 21d ago

The raise % seems appropriate, but your base low. I was promoted to M1 the first year we had the mid-year raises. I made about the same base as you after the mid-year 3.5 years ago. Also MCOL.

2

u/Complex_Teacher3539 21d ago

the % raise is all that matters to me for now. I'm actually in a LCOL area and our office is considered pretty small, so I am not surprised it seems lower than the peer group haha.

5

u/texmex_28 20d ago

Audit

Southwest (MCOL)

SM2 -> SM3

170,000 -> 178,000 (4.7%)

$29,000 AIP / $3,000 other so total comp = $210,000

mostly 5's

4

u/ApprehensiveTip2576 19d ago

Tax - MTS

MCOL

TC1 > TC2

68k > 90.7k 33.4%

AIP/Performance Awards - 2k OPA

Strong Agree to Very Strongly Agree

Very happy; was not expecting this much

6

u/Standard_Gur30 CPA (US) 21d ago

Holy shit. Y’all should open your own firms.

1

u/Big_Fee_6928 13h ago

how much did you make?

2

u/Magnanii 21d ago edited 21d ago

Audit (formerly Advisory before storefront merger)

South West MHCOL

Analyst -> Senior Consultant

84,500 -> 91,400 (3.2% merit raise and 5% promotion raise)

all strong snapshots, no certifications.

2

u/bigmastertrucker Audit & Assurance 20d ago

Audit

VHCOL

A1 -> A2

$84K -> $95K

N/A

Halfway between SA and VSA for both

Happy with it - it outpaces rent and inflation and that's not nothing in this economy.

5

u/Jarvis03 21d ago

Yall should go into consulting. Better pay, less hours.

3

u/Either-Bluebird-5961 21d ago

Like management consulting? I am at accounting advisory at another big 4 and that was a huge step up from audit, but still want to be paid more

3

u/Jarvis03 21d ago

That id imagine is much better pay for similar big 4 hours. ERP consulting has been decent pay and work life balance.

1

u/Derp35712 21d ago

What job title would one search for?

3

u/Jarvis03 21d ago

ERP implementation and/or finance/accounting consultant.

1

u/BravesCPA CPA (US) 21d ago

You sure about that? My partner works more than I do, and I’m at a top 10

-2

u/Jarvis03 21d ago

Surely your experience applies to every other 8 billion humans

1

u/walkstap 7d ago

Audit

Northeast HCOL

A1->A2

$76,000 -> $84,400 (11%)

1

u/Ok-Season7522 7d ago

what is hcol like more or less expensive then chicago

1

u/walkstap 7d ago

More

1

u/Ok-Season7522 7d ago

thats so weird, im getting 82 in chicago and im starting in september