Anonymous
Post 11/21/2024 20:20     Subject: Deloitte - how many of you get your "up to" bonus level
I am bumping this post because I am in the same position. Offered $20K less than what I am making now with a $20K signing bonus to make up the difference plus $20K bonus potential each year. I am also being told I would be brought in at the max salary for the manager level with the expectation that I would be promoted to a senior manager next year. I work for a consulting firm, I manage a $5M contract and was the primary author of a proposal that brought in $5M more from the same client this year, but that apparently is not good enough for Deloitte? This is laughable.

Buh-bye!!!
Anonymous
Post 01/25/2023 21:06     Subject: Deloitte - how many of you get your "up to" bonus level
Anonymous wrote:
Anonymous wrote:I do not work for Deloitte but a direct competitor. In my experience, bonuses are percentage based and determined by your ‘rating’ at the end of the year (for example, everyone with a ‘5’ rating gets 10% of their salary as a bonus).

I am a Senior (below Manager) and got $16K last year.


PwC ?


EY
Anonymous
Post 01/24/2023 14:07     Subject: Deloitte - how many of you get your "up to" bonus level
Anonymous wrote:
Anonymous wrote:Not sure what level you are, but when I was a Manager (private sector consulting), my bonus range was like $0-50K so $15K is not a top bonus.

I 100% think those who didn't work in consulting before should come in a level below their equivalent external level to learn how to be a consultant with lower expectations. Being a senior manager is extremely difficult if you don't know consulting.


OP her e- I have been a consultant work at a Deloitte competitor, so the "learn how to be a manager" thing is super frustrating.


Is your salary below 180-200 k range ?
Anonymous
Post 01/24/2023 14:06     Subject: Re:Deloitte - how many of you get your "up to" bonus level
Anonymous wrote:OP: Did you receive a signing bonus ?


I was offered a signing bonus, but I don't count it at all in my considerations. It's a one time thing.
Anonymous
Post 01/24/2023 14:06     Subject: Deloitte - how many of you get your "up to" bonus level
Anonymous wrote:I do not work for Deloitte but a direct competitor. In my experience, bonuses are percentage based and determined by your ‘rating’ at the end of the year (for example, everyone with a ‘5’ rating gets 10% of their salary as a bonus).

I am a Senior (below Manager) and got $16K last year.


PwC ?
Anonymous
Post 01/24/2023 14:05     Subject: Deloitte - how many of you get your "up to" bonus level
Anonymous wrote:Not sure what level you are, but when I was a Manager (private sector consulting), my bonus range was like $0-50K so $15K is not a top bonus.

I 100% think those who didn't work in consulting before should come in a level below their equivalent external level to learn how to be a consultant with lower expectations. Being a senior manager is extremely difficult if you don't know consulting.


OP her e- I have been a consultant work at a Deloitte competitor, so the "learn how to be a manager" thing is super frustrating.
Anonymous
Post 01/24/2023 14:03     Subject: Deloitte - how many of you get your "up to" bonus level
I do not work for Deloitte but a direct competitor. In my experience, bonuses are percentage based and determined by your ‘rating’ at the end of the year (for example, everyone with a ‘5’ rating gets 10% of their salary as a bonus).

I am a Senior (below Manager) and got $16K last year.
Anonymous
Post 01/24/2023 13:28     Subject: Re:Deloitte - how many of you get your "up to" bonus level
Pay varies among accounting and consulting firms. Signing bonus for a first year manager at an accounting firm was $15,000 and year end bonus should be in the $15,000 to $20,000 range. But, this was in a hot practice area.
Anonymous
Post 01/24/2023 12:30     Subject: Re:Deloitte - how many of you get your "up to" bonus level
OP: Did you receive a signing bonus ?
Anonymous
Post 01/24/2023 12:27     Subject: Deloitte - how many of you get your "up to" bonus level
Anonymous wrote:I've been given a low ball base salary and said that they could get up to my ask with an "up to $15K" bonus at the manager level (they want me to learn the Deloitte way before putting me in the senior manager role that I was hoping to be in). I'm curious about how many actually get their full bonus each year, especially if they are focusing hard on business development?


OP: Are you willing to reveal the base salary & your relevant years of experience & qualifications ? What is your specialty area ?

A $15,000 year-end bonus is reasonable at the manager level--although I do read of others who assert that bonuses are less. Probably depends upon your specialty area.
Anonymous
Post 01/24/2023 12:24     Subject: Deloitte - how many of you get your "up to" bonus level
Anonymous wrote:
Anonymous wrote:I've been given a low ball base salary and said that they could get up to my ask with an "up to $15K" bonus at the manager level (they want me to learn the Deloitte way before putting me in the senior manager role that I was hoping to be in). I'm curious about how many actually get their full bonus each year, especially if they are focusing hard on business development?


I worked for another big 4. First of all, the "15k" bonus is pie-in-the-sky best-case scenario. Like, you are the absolute top of your cohort (which you won't be, because you'll competing against all the other managers who have already "learned the Deloitte way") and the business has exceeded all targets and everyone in your practice with an ounce of power will use their political capital to support you at year-end rather than all the other people who have been working for them for years.

Second, the whole "we'll bring you in just below the proper level to give you a year and room to grow" is another BS tactic, and you will be considered a year one manager. HR has an unpublished timeline of how long people have to spend at each level and when you don't get promoted after a year and ask why, HR will tell you that staff generally need 3 or 4 years at the manager level to properly develop the skills for promotion to the senior manager level.

It will take you longer than a year to build your brand and network. My BTDT takeaway - never accept a job based on a target bonus. Negotiate a contractual bonus based on specific and achievable targets, or a higher base salary.


Don't you think that 3 to 4 years at the manager level is reasonable ?
Anonymous
Post 01/24/2023 12:15     Subject: Deloitte - how many of you get your "up to" bonus level
Not sure what level you are, but when I was a Manager (private sector consulting), my bonus range was like $0-50K so $15K is not a top bonus.

I 100% think those who didn't work in consulting before should come in a level below their equivalent external level to learn how to be a consultant with lower expectations. Being a senior manager is extremely difficult if you don't know consulting.
Anonymous
Post 01/23/2023 21:42     Subject: Deloitte - how many of you get your "up to" bonus level
Anonymous wrote:I've been given a low ball base salary and said that they could get up to my ask with an "up to $15K" bonus at the manager level (they want me to learn the Deloitte way before putting me in the senior manager role that I was hoping to be in). I'm curious about how many actually get their full bonus each year, especially if they are focusing hard on business development?


I worked for another big 4. First of all, the "15k" bonus is pie-in-the-sky best-case scenario. Like, you are the absolute top of your cohort (which you won't be, because you'll competing against all the other managers who have already "learned the Deloitte way") and the business has exceeded all targets and everyone in your practice with an ounce of power will use their political capital to support you at year-end rather than all the other people who have been working for them for years.

Second, the whole "we'll bring you in just below the proper level to give you a year and room to grow" is another BS tactic, and you will be considered a year one manager. HR has an unpublished timeline of how long people have to spend at each level and when you don't get promoted after a year and ask why, HR will tell you that staff generally need 3 or 4 years at the manager level to properly develop the skills for promotion to the senior manager level.

It will take you longer than a year to build your brand and network. My BTDT takeaway - never accept a job based on a target bonus. Negotiate a contractual bonus based on specific and achievable targets, or a higher base salary.
Anonymous
Post 01/23/2023 21:24     Subject: Deloitte - how many of you get your "up to" bonus level
Really, nobody is willing to answer this?
Anonymous
Post 01/22/2023 17:38     Subject: Deloitte - how many of you get your "up to" bonus level
I've been given a low ball base salary and said that they could get up to my ask with an "up to $15K" bonus at the manager level (they want me to learn the Deloitte way before putting me in the senior manager role that I was hoping to be in). I'm curious about how many actually get their full bonus each year, especially if they are focusing hard on business development?