Hi All... I'm going for an interview with the EY PI (BAS) practice for a Manager. I have heard that they have recently started a big rectuitment drive and are offering higher than market salaries.
Does anyone know of what a Manager gets paid at EY PI and what are they offering these days?
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The only reason they are hiring now is because of the droves of good quality people who are leaving. The work is cruddy public sector stuff, and the partners and directors are mostly failed CGEY and IBM. Although most of the IBM losers have been shoved out over the past year. No matter what they are paying – you don’t want to work there.
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It can be anywhere between £35k and £55k depending on what they think they can get away with.
Expect to be fed BS at offer time about how the [perpetually cancelled] training is worth £10k, and the canteen subsidy is worth £2k [if you can stomach 3 meals a day there], and the heating and lighting is worth £2.5k, and the water they allow you take from the tap in the kitchen is priceless really when you think about it...
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Sad but true. EY BAS culture is the most hierarchical, small-minded, petty and insecure I have worked in. People fixate on things like the model of their corporate mobile, and their desk number, to "prove" they are superior.
In my first few days, a senior manager had a screaming fit in the open office, demanding that I swap staplers with her because it was "inappropriate" (her word) that I'd been given a nicer stapler than her despite only being a manager.
I thought it was hilarious but put it down to one "tired and emotional" individual, until the next week. Everyone was audited (you can tell this is an accountancy) on their office equipment, then everything (staplers, erasers, highlighters, etc.) was re-pooled with re-selection of products allowed in order of seniority.
Stupid, time-wasting (how often do you really need a spreadsheet of all the pencil sharpeners), embarrassing (ever watched 40-yr olds queue up to choose between a yellow and a black hole-punch), but at least they did it with benched consultants so it didn't cost the firm anything.
That's more than could be said of the unlucky people who didn't have proof of purchase for the equipment they had brought from home. The guy who had his flash new pen set (Xmas present from the kids) appropriated wasn't best pleased.
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It is true that they artificially try to inflate your total package with nonsense like canteen subsidy and the like. By the time you strip it to the bare bones of salary, car, bonus (Nil), and pension, the EY package is well below market norms
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Actually the pay is quite generous compared to market norms once you take into account the quality of the work and the people who are desperate enough to take up the offers and stay there
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To answer the question rather than grind an axe, the pay band for Manager is large. Expect anything from £55k to £85k (exceptional for a mgr but I know at least 2 people on this). If you are a solid manager level then I'd be looking for around £65 to £70k
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The band's even wider than you think. I'm a Manager on less than £45k, and that's after a LOT of bargaining and top ratings.
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Don't forget that EY pays no bonus at your level. Their overall benefits package is well below norm as well, which is why their headline base salary figure needs to be higher than others
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Well I have heard that due to some big projects that they have bagged..they are actively poaching from other organisations...including the other Big 4 and are offering upto 95K for Managers on the upper band... so salaries are hitting the roof..this obviously includes the bonus..but not the car allowance..
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£95k ??? You are being sold short. I was offered £120k last week from them.
And they are storming all over the private sector - I predict they will be bigger than ACN in one year
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More fool you Mr-120K- a-year, they just phned me and offered me 135K! Anyone that settles for less must be rubbish
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I was offered £95k and an Audi A8 as a graduate in the EY BAS strategy practice, but turned it down because the CapGemini strategy practice offerd me £160k and use of the corporate jet
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That's nothing, Bill Gates offered to give me all his money if I accepted a testing role, plus then Richard Branson came along and said he would give me all of his money too providing I accept the offer soon.
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Manager grade pays 55-70, with nil bonus and not great benefits. Expense policy also sucks
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Recruitment drive is not recent, it has been going on for over 18 months with very little external hiring considering the number of people interviewed.
On average, maybe 65 - 70. If exceptional up to 80, although that's crossing into SM territory.
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that can't be true.
Someone did that to me they'd be going out through the window.
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Based on actual billing rates achieved by BAS Manager level consultants (not list price, but what actually goes on the invoices that clients pay) and normal multiples of salary to billing rate, I would be surprised if many Managers had a salary outside the 50K -70K range.
Recruiters always say their clients are paying above market rates - no on e would go to an interview that paid below market rates would they!!
I once went to an interview at EY because the recruiter ASSURED me that they would consider hiring at partner level. (I accept that I was an idiot for going - I was incredibly niave and was certainly not partner material!). Needles to say when I go there i was interviewed by two middle-aged accountants in marks & spencer suit and tie combos.
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