[Updated post from June 6 with new data from Going Concern’s 2013 comp thread.]

The Big 4 pay season kicked off just over a week ago when Deloitte employees received their pay statements, then headed to r/accounting to get it ready and show it to everyone.

Since Deloitters last received its pay statements in May 2021, the company in December increased the base salary of employees whose salaries were below market rates. And in an attempt to keep the Green Dotters from leaving the company for greener pastures during the Great Resignation, Deloitte offered retention bonuses in its audit and tax practices.

At Deloitte & Touche, management has dangled a one-time retention bonus to second years through senior audit executives, with amounts varying by level ($20,000 and $35,000). Those who took the retention payment must remain with Deloitte until the end of May 2023. If they end up leaving the company before then, they must repay the entire premium. The bonus was paid last January. A similar deal was offered to seniors and managers in Deloitte’s tax practice last February, as those who took the one-time $20,000 retention bonus must stick to the green dot for the next two years or pay it all back. they give up their loyalty. The bonuses were paid in April.

So that brings us to Deloitte’s latest round of increases. How did they compare to previous years? To find out, I reviewed the 2022 composition thread on Reddit, as well as the Deloitte 2021 (here and here), 2020, and 2019 composition threads on Reddit. I also went back to the archives and looked at threads from 2017, 2016, 2015, 2014 and 2013 on Going Concern. I made sure not to duplicate raise information from the same Redditor who posted in both 2021 threads. And I calculated the average percentage increase for each echelon or promotion where data was available (that’s i.e., A1->A2, A2->S1, S1->S2, TC1->TC2, etc.).

These averages do not take into account factors such as location/cost of living, line of service, academic qualifications, point cloud positioning, and bonuses/rewards. This is only the average percentage base salary increase per step/promotion.

Here they are (percentage increase from 2022 in bold):

A1->A2

  • 14.7% (2022)
  • 8.1% (2021)
  • 6.6% (2020)
  • 7.5% (2019)
  • 5.7% (2017)
  • 10% (2016)
  • 5.3% (2015)
  • 4.7% (2014)
  • 5.6% (2013)

A2->S1

  • 22.4% (2022)
  • 18.6% (2021)
  • 7% (2020)
  • 16% (2019)
  • 10% (2017)
  • 14.5% (2016)
  • 12.4% (2015)
  • 11.6% (2014)
  • 10.4% (2013)

S1->S2

  • 11.6% (2022)
  • 14.9% (2021)
  • 0% (2020)
  • 12.3% (2019)
  • 7.9% (2017)
  • 9% (2016)
  • 12.3% (2015)
  • 7% (2014)
  • 6.8% (2013)

S2->S3

  • 14.1% (2022)
  • 10.5% (2021)
  • 0% (2020)
  • 11.8% (2019)
  • 8.4% (2017)
  • N/A (2016)
  • 7.2% (2015)
  • 9.8% (2014)
  • 7.7% (2013)

S3->M1

  • 20.1% (2022)
  • 20.7% (2021)
  • 5.9% (2020)
  • 27.5% (2019)
  • 13% (2017)
  • N/A (2016)
  • 14.1% (2015; single entry)
  • 13.5% (2014)
  • 16.2% (2013)

M1->M2

  • 11% (2022)
  • 13.2% (2021)
  • 0% (2020)
  • N/A (2019)
  • N/A (2017)
  • 8% (2016; single entry)
  • N/A (2015)
  • 5% (2014)
  • N/A (2013)

M2->M3

  • 13.3% (2022)
  • 9.3% (2021)
  • 0% (2020)
  • 11% (2019)
  • N/A (2017)
  • 5% (2016; single entry)
  • N/A (2015)
  • N/A (2014)
  • N/A (2013)

TC1->TC2

  • 16.9% (2022)
  • 6.2% (2021)
  • 2.5% (2020)
  • 9.3% (2019)
  • 5% (2017)
  • 8.5% (2016)
  • N/A (2015)
  • N/A (2014)
  • N/A (2013)

TC2->SC1

  • 18.4% (2022)
  • 14.9% (2021)
  • 1.7% (2020)
  • 17.5% (2019)
  • 12.5% ​​(2017)
  • 11.8% (2016)
  • 11.2% (2015; single entry)
  • 12.1% (2014; single entry)
  • N/A (2013)

SC1->SC2

  • 24.6% (2022)
  • N/A (2021)
  • N/A (2020)
  • 4.5% (2019)
  • n/a% (2017)
  • 12% (2016; single entry)
  • N/A (2015)
  • N/A (2014)
  • 3.7% (2013)

SC2->SC3

  • N / A (2022)
  • N/A (2021)
  • N/A (2020)
  • 12% (2019)
  • n/a% (2017)
  • 4% (2016; single entry)
  • N/A (2015)
  • N/A (2014)
  • 4.1% (2013; single entry)

M3->SM1

  • 22.4% (2022)
  • N/A (2021)
  • N/A (2020)
  • 7% (2019)
  • n/a% (2017)
  • 14% (2016; single entry)
  • N/A (2015)
  • N/A (2014)
  • 13% (2013; single entry)

M4->SM1

  • 19.3% (2022)
  • N/A (2021)
  • N/A (2020)
  • N/A (2019)
  • n/a% (2017)
  • N/A (2016)
  • N/A (2015)
  • N/A (2014)
  • N/A (2013)

SM1->SM2

  • 13% (2022; only one entry)
  • 10% (2021)
  • N/A (2020)
  • N/A (2019)
  • N/A (2017)
  • N/A (2016)
  • N/A (2015)
  • N/A (2014)
  • N/A (2013)

SM2->SM3

  • N / A (2022)
  • 7% (2021)
  • N/A (2020)
  • N/A (2019)
  • N/A (2017)
  • N/A (2016)
  • N/A (2015)
  • N/A (2014)
  • N/A (2013)

It seems that second-year associates and first-year seniors were among the biggest winners. The managers didn’t fare too badly either. Something else stands out? Let us know in the comments section.

Latest Accounting Jobs – Apply Now:

Do you have something to add to this story? Let us know by email, Twitter, or text/call the phone line at 202-505-8885. As always, all advice is anonymous.