EY guide to salary levels, pay scale & compensation

As one ascends through the ranks, compensations and benefits vary greatly due to a consultant’s experience and contribution to the firm. Compared to MBB firms, EY and EY-P offer a competitive Intern salary, with higher base pay. We see a similar pay composition for both EY and MBB partners, with over half of their total salary consisting of additional pay. However, all three MBB firms provide a higher salary level than EY Consulting and EY-Parthenon. The manager title is itself not enough to provide a salary estimate. Parthenon pays the most and any internal CBS role would pay as much as Assurance.

Visit the Levels.fyi community to engage with employees across different companies, get career tips, and more. In the last year, stock-based compensation has jumped more than five times the previous year, up to $4.4 BILLION. We’ve negotiated thousands of offers and regularly achieve $30K+ (sometimes $300K+) increases. Get your salary negotiated or your resume reviewed by the real experts – recruiters who do it daily. It has come to our attention that fraudsters have been posing as EY employees and contacting job-seeking candidates regarding potential job opportunities with our firm. We take this matter very seriously and are taking all appropriate measures to address this.

EY manager salary expectations

At EY, we develop you with future-focused skills, and equip you with world-class experiences. We empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Discover how EY insights and services are helping to reframe the future of your industry. Just cause you failed out or burnt out doesn’t mean it’s not. Consulting is a machine that churns and anyone willing to stick around that has the nads can easily make their way to partner. We work at C1 good luck ever getting VP+ unless you’re a minority or came in externally at that level from a competitor.

Audit Staff 1-2 Pay Structure

However, EY-P offers double the amount of additional pays compared to EY Consulting. For senior consulting roles, EY Consulting offers a lower salary for senior-level consultants than MBB firms. By contrast, EY-Parthenon’s senior-level consultants have a competitive salary compared to McKinsey, but both lag far behind compared to BCG and Bain.

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. All three firms offer more generous base pay, higher bonuses, and more additional income such as stock or commission. At EY, a consulting Manager makes between $141,000 to $217,000 a year, and an EY-Parthenon Manager annual salary is $183,000 minimum and $285,000 maximum.

• An EY-Parthenon Consultant earns roughly $90, ,000 each year.
• Once you’ve performed great as a senior manager and maintained consistency, you’ll move up the ladder to become a managing director at Big (the one you’re working in).
• Actual figures may vary, depending on location, position, experience, performance, and report time.(3) Our primary source of information is Glassdoor.
• At EY, we believe in a future where seamless collaboration between people and AI achieves extraordinary outcomes.
• This may stop them from setting realistic career goals when looking to start their career in any of these companies.
• The 2 major positions that we are going to dive in deep and talk about are Assurance and Taxes.

(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. The figures in this article are rounded to the closest 1000. Actual figures may vary, depending on location, position, experience, performance, and report time.(3) Our primary source of information is Glassdoor.

Reduced Hours Jobs by Type

At EY, we believe in a future where seamless collaboration between people and AI achieves extraordinary outcomes. This includes empowering EY people to create their own exceptional career experience augmented by AI. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.

• After successfully and diligently serving in the Big 4 and transitioning through different roles for years, you may have a chance to become a partner.
• The figures in this article are rounded to the closest 1000.
• Make sure that you thoroughly read and understand your contract before you accept a position because many compensations are also given in the form of contingencies.
• By contrast, EY-Parthenon’s senior-level consultants have a competitive salary compared to McKinsey, but both lag far behind compared to BCG and Bain.

EY and EY-Parthenon consulting Partner salary 2023 (Partner-level)

EY (Ernst & Young) pays its employees an average of ₤48,600 a year. Salaries at EY (Ernst & Young) range from an average of ₤27,166 to ₤89,037 a year. EY (Ernst & Young) pays its employees an average of $94,840 a year.

The 5 major Positions within EY

Make sure that you thoroughly read and understand your contract before you accept a position because many compensations are also given in the form of contingencies. When you look ey manager salary further into what makes up the compensation plan at EY, you see that there is a lot more than just—the salary. To get more detailed, we will lay out a table below that goes over the salary averages by the department at Ernst and Young.

Feeling overworked? Why not consider a 4 day week job?

This may stop them from setting realistic career goals when looking to start their career in any of these companies. It is a good idea to understand every part of the compensation and what they entail. Because not all of the compensation is paid at the same time. Some compensations like stocks can take months or years to vest.

The 2 major positions that we are going to dive in deep and talk about are Assurance and Taxes. 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. Search for all salaries on our compensation page or add your salary to help unlock the page. Add your salary anonymously in less than 60 seconds and continue exploring all the data. If the right job opening isn’t available now or you’re not quite ready to apply, we invite you to join our online talent communities to keep in touch.

EY guide to salary levels, pay scale & compensation

In the US, a PwC Consultant’s annual salary is $96, ,000, while a Strategy& Consultant’s annual salary is $97, ,000. 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. The roles and positions that were stated above are only the most popular.

However, Glassdoor is a platform where users can anonymously share their salary and compensation information. As such, it can be difficult to verify the accuracy of its data. Furthermore, consulting firms do not openly disclose their salary information. Therefore, the below data should only be used for reference purposes. Higher positions like these see a large difference between the min-max amounts reported, both in the base pay and bonuses.

You will only have to work 32 hours and they offer competitive salaries. 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. At EY Consulting, about 25% of a manager’s income is from additional pays. 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.