This text initially appeared on Business Insider.
The so-called “Massive 4” accounting corporations — Deloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Younger (EY) — are recognized for paying their employees excessive salaries.
An entry-level guide who simply graduated from enterprise faculty could make over $200,000 a yr on the 4 corporations once you embrace base wage, bonuses, and relocation bills.
A number of of those corporations have confronted layoffs and applied hiring freezes over the previous yr as demand for consulting companies has waned. Nonetheless, they are a good wager for anybody trying to land a six-figure job straight out of college.
Enterprise Insider analyzed the US Office of Foreign Labor Certification’s 2023 disclosure data for everlasting and short-term international staff to seek out out what PwC, KPMG, EY, and Deloitte paid US-based staff for jobs starting from entry-level to government roles. We appeared by means of entries particularly for roles associated to administration consulting and accounting. This knowledge doesn’t replicate efficiency bonuses, signing bonuses, and compensation aside from base salaries.
This is how a lot Deloitte, PwC, KPMG, and EY paid their hires.
Deloitte paid senior managers between $91,603 to $288,000
Deloitte presents its high supervisor salaries near mid six figures. Artur Widak/Getty Pictures
With near 455,000 staff worldwide, Deloitte employs the best variety of folks of any of the ‘Massive 4.’ It pulled in near $64.9 billion in income for the 2023 fiscal yr, marking a 9.3% improve from 2022.
Deloitte didn’t instantly reply to a request for touch upon its wage knowledge or 2024 hiring plans.
Listed here are the wage ranges for consulting and accounting roles:
- Analyst: $49,219 to $337,500 (contains advisory, enterprise, challenge supply, administration, and techniques)
- Senior enterprise analyst: $97,739
- Audit and assurance senior assistant: common $58,895
- Marketing consultant: $54,475 to $125,000 (contains advisory, expertise technique, and strategic companies)
- International enterprise course of lead: $180,000
- Senior guide: common $122,211
- Supervisor: common $152,971
- Tax supervisor: common $117,268
- Senior supervisor: $91,603 to $288,000
- Managing director: common $326,769
- Tax managing director: common $248,581
- Principal: $225,000 to $875,000
Principals at PricewaterhouseCoopers (PwC) could make nicely over $1 million.
PwC. Danish Siddiqui/Reuters by way of BI
PricewaterhouseCoopers (PwC) is a world skilled companies agency with over 328,000 staff worldwide. The agency reported a income of greater than $53 billion for the 2023 fiscal yr, marking a 5.6% improve from 2022.
PwC didn’t instantly reply to a request for touch upon its wage knowledge or 2024 hiring plans.
Listed here are the wage ranges for each consulting and accounting roles.
- Affiliate: $68,000 to $145,200
- Senior affiliate: $72,000 to $197,000
- Supervisor: $114,300 to $231,000
- Senior supervisor: $142,000 to $251,000
- Director: $165,000 to $400,000
- Managing director: $260,000 to $330,600
- Principal: $1,081,182 to $1,376,196
KPMG presents managing administrators wherever between $230,000 to $485,000
KPMG managing administrators can earn near half 1,000,000. Sean Gallup/Getty Pictures by way of BI
KPMG has over 219,000 employees worldwide, understanding of over 650 workplaces. The agency reported a income of $36 billion for the 2023 fiscal yr, marking a 5% improve from 2022.
Over the previous 5 years, the agency has raised beginning salaries for accounting graduates by 26% and “continues to recruit on campuses coming off the heels of our largest summer season intern class ever final yr (3,300 interns),” a KPMG spokesperson advised Enterprise Insider by electronic mail.
Listed here are the wage ranges for consultants, accountants, and management at KPMG.
- Affiliate: $61,000 to $140,000
- Senior affiliate: $66,248 to $215,000
- Director: $155,600 to $260,000
- Affiliate director: $155,700 to $196,600
- Specialist director: $174,000 to $225,000
- Lead specialist: $140,500 to $200,000
- Senior specialist: $134,000 to $155,000
- Supervisor: $99,445 to $293,800
- Senior supervisor: $110,677 to $332,800
- Managing director: $230,000 to $485,000
Statisticians at Ernst & Younger (EY) make salaries ranging between $66,000 to $283,500.
EY spends $500 million yearly on studying for its staff. TOLGA AKMEN / Contributor / Getty by way of BI
EY employs greater than 298,000 folks in additional than 150 international locations worldwide. For the 2023 fiscal yr, the agency reported a document income of $49.4 billion, marking a 9.3% soar from 2022.
The agency didn’t instantly reply to a request for touch upon its wage knowledge or 2024 hiring plans.
Listed here are the wage ranges for consultants, accountants, auditors, and chief executives on the agency:
- Accountants and auditors: $54,000 to $390,000
- Appraisers and assessors of actual property: $166,626 to $185,444
- Analyst: $145,000 to $239,670 (contains monetary & funding and operations analysis)
- Laptop techniques analyst: $62,000 to $367,510
- Administration analyst: $49,220 to $337,500
- Statistician: $66,000 to $283,500
- Monetary threat specialist: $62,000 to $342,400
- Actuaries: $84,800 to $291,459
- Economist: $77,000 to $141,000
- Logisticians: $72,000 to $275,000
- Mathematicians: $165,136 to $377,000
- Laptop and knowledge techniques supervisor: $136,167 to $600,000
- Monetary supervisor: common $320,000
Aman Kidwai and Weng Cheong contributed to an earlier model of this publish.
Supply: Entrepreneur