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Audits Under Fire: Ex-Big Four Partner Responds to Criticisms
The Accounting Podcast
Insights into Staff Compensation and Benefits in the Audit Practice
The speaker was involved in setting salaries for all levels at KPMG in Pennsylvania./nThe speaker mentioned a sophisticated process for determining salaries, including an annual market study./nSalaries at the speaker's time in the role increased by an average of 6 to 10 percent per year, with additional bonuses and incentives for promotions./nThe starting salary for a big four audit professional in the Philadelphia market is estimated to be in the $75,000 to $80,000 range./nCertain firms offer fringe benefits such as student debt repayment and 30 days of fully compensated time off for new hires./nEmployees may be expected to work long hours during certain times of the year.
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