In 2018, the average salary for an auditor working in private practice in the UK was £58k ($73k) according to the ICAEW's salary survey. In New York, senior auditors at the Big Four are paid around $80k according to Glassdoor. By comparison, as a senior associate in the consulting arm of a Big Four firm you can expect around $100k.

Management Consulting Salary by Location. Does compensation vary by country? The short answer is a definite yes, although that status is not without its reasons. Management consultant salaries in the United States are higher than the rest of the world, including London. Even then, some prefer to work in consulting overseas.

A PricewaterhouseCoopers starting salary would be in the range of $48,000 to $68,000 for a position as an accounting associate. The factors that influence the size of a PwC salary are location (similar to Deloitte, this company is based in New York) and prior experience. At top consulting firms, entry-level management consultants may earn $100,000 each year (bonuses and profit sharings included), while senior consultants may earn up to $200,000. Project leaders/managers are typically paid $200,000-$250,000. Partner-level managers (partners, directors, principals) can earn up to $1,000,000-$1,300,000.

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With the explosion in market value of consulting services over the last few decades, the Big 4 has begun systematically capturing consulting market share as well. These four firms now control 40% of the consulting market. The Big Four have four principal sources of revenue: Audit/Assurance/AERS; Consulting & Advisory; Tax Services; Other Professional Services; Here are the Big Four's Annual Revenue for 2017:

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@Harry: You’re right that the Big 4 firms are ramping up their consulting business. Deloitte is among the top MBA recruiters for consulting jobs, competing with MBB. But with all the public domain references to being ‘audit firms’ that have piled up over the decades, it might be a while before they can fully shake off that label.

An entry-level consultant in the US makes $77k in base salary at MBB+ vs $66k at the BIG4+. And this percentage difference stays relatively consistent from entry level to Partner. Digital CD&O Consultant Salary and benefits in the US. 1 20.12.16 Getting #1 Big 4 London vs Regional Salary/Progression 15/12/2016 19:42. big4consult. Hi, Big Four average salary is $47,590, median salary is $47,590 with a salary range from $47,590 to $47,590. Big Four salaries are collected from government agencies and companies. Each salary is associated with a real job position.

The work that these companies do, the clients they serve, the kind of money they pay to their employees and the status of working with these firms have inspired and motivated countless aspirants over years to be a part of these firms. As a Big 4 partner, you won’t earn a salary because you’re classed as self-employed. You’ll get a share of the firm’s profits; even the fixed share equity partners. This is why all but KPMG announced in April 2020 that their Big 4 partner salaries would be cut by 20%. Senior Manager salaries at the Big 4 are $150K-$250K. Get in-depth answers about salary from verified professionals like you. The Big Four professional services firms – EY, Deloitte, KPMG and PwC – are enjoying a sustained boom in Australia.
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Choosing Between Consulting Big 4. Regardless of what the Big 4 HR teams will say, our users feel that MBB jobs will provide more prestige and exit opportunities. That being said, if you are more interested in accounting you should pursue the Big 4 path. User @Riffs" shared that the easy choice was MBB: Consultant Salaries in Washington DC; KPMG is the only Big Four firm to bring all of its interns together for a comprehensive national training program. More than Which of the “Big 4” accounting firms is right for you?

Even then, some prefer to work in consulting overseas.
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At undergraduate level, the consulting arms of the Big Four (Deloitte, EY, KPMG and PwC) are all competing with each other and the top tier strategy houses (McKinsey, BCG and Bain) for top ranking students. If you are already in employment elsewhere, firms will pay a small premium over your current salary if they want to secure you.

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