Bdo partner salary reddit. It’s a volume game for BDO.

Bdo partner salary reddit Internet Culture (Viral) Amazing What is the starting Salary range for Detroit BDO international Tax with JD ? Not sure what to ask for as the posting has a range of 65k-110k Share Add a Comment. Yung napuntahan ko din na subcluster eh may premium so Get the Reddit app Scan this QR code to download the app now. And Kasi I'm thinking mas gusto ko doon sa BDO in the reason about career growth, and development kasi Im also planning to pursue masters degree. He'd worked for Arthur Andersen and KPMG and he only really loved BDO (back then it was Seidman and Seidman). The fee split and how we go about getting NetSuite projects is different. I BDO is good when it comes to your basic salary. I make 65k with 3 YOE. My father worked for BDO years ago. This would not fly at EY because independence is a much bigger deal given the riskier clients (large public filers with lots of investor attention). So if you’re coming here for the money, don’t do it. Feel free to comment even if not in any Big 4. BDO can pay well exactly because it is part of the Sy empire. Could be different elsewhere. I also worked on really interesting clients and developed my career. 1. That said. May nagwowork ba dito for audit/tax? Never pa kasi ako nakakita dito saka sa ibang social media sites ng experience nila pero ang alam ko kasunod lang sila ng Big 4 in terms of dami ng engagementa. Post any questions you have, there are lots of redditors with admissions knowledge BDO have reached out but say they aren’t able to offer me more than what I’m on. Finally raises were Partners don’t make a salary. Please don’t ask questions like “how will the ESOP’s health be affected by the massive amount of debt we just took on to give the old partners a massive payday” or “isn’t an ESOP in a business model with massive turnover built in a Long way off, and some wishful thinking going on here, but could anyone share what a partner pulls in at a leading US firm - i. Also if masipag ka mag OT, legit x2 yung salary mo a month. Internet Culture (Viral) Amazing; Animals & Pets Everyone always talks about how big 4 partner salary start around 500k and only go up from there but is it reasonable for a smaller CPA firm partner to make that much as well This is purely the result of my mom making chika with the branch manager in a nearby BPI two years so take with a grain of salt. I don’t include BCG here because their Partner title is equivalent to McKinsey Associate Partner. Most of the other 20% is BDO, Grant, and RSM. It’s a volume game for BDO. Does anyone know how much they are currently offering? Number one I have actually seen greater pay in staff and early senior salaries at mid-size firms due to the need to attract talent, BUT as you get higher up and especially hit M and SM the pay and bonus go up a lot higher at B4. Insights on MC firms or others welcome too. This is NOT an officially supported forum, and is primarily for informal discussion between employees. PE has started gobbling up accounting and advisory firms and this allows BDO to stay competitive. BDO Pay and the NEW BDO Online app are both on the same new system. Around $5m per year per equity partner at the top 20ish firms, according to a very brief look at ALM. I'm sure someone did the math and decided that it makes sense to them. The average BDO hourly pay ranges from approximately $15 per hour (estimate) for a Junior Administrator to $72 per hour (estimate) for an UI Developer . 123 votes, 89 comments. $100 -$120k average. Manager L8 Sr. Its their take on GCash/Paymaya that you can scan to pay in physical stores. Expand user menu Open settings menu. Finance Business Partner Salary - £55k - about £4k in For the non BDO folks L1 Intern L2 Associate L3 Experienced Associate L4 Senior L5 Experienced Senior L6 Manager L7 Exp. Does anyone have any advice on salary negotiation ?? Locked post. A subreddit for the Philippines and all things Filipino! BDO ESOP - Mass Partner Exit Apparently the market is flooded with BDO partners and some directors/MDs. Just wondering what is the salary that big 4 (PwC, Deloitte, KPMG, EY) or mid tier accounting firms (BDO, Grant Thornton, Baker Tilly etc) are currently offering? I am thinking to apply for audit associate/assistant position as my first career. The estimated total pay range for a Audit Partner at BDO is £48K–£52K per year, which includes base salary and additional pay. Get app Get the Reddit app Log In Log in to Reddit. So for the role I would be doing the at is significantly less than if I were to just go back to a big4. all i can say, BDO has the highest pay sa kanila, pero medyo iba ways ng bdo, kasi wala sila profit sharing, so fix 16 months, so pang akit nila is mataas basic na fix. My salary is around 30k a month which includes my full time and my free-lance job. Reply reply The Reddit Law School Admissions Forum. Log In / Sign Up; Advertise on Reddit I actually made a switch from MNP to BDO in my second year. Yes - I would attempt to negotiate both compensation and vacation. The more senior/successful you are the more units you likely have and therefore the Partners at BDO have had their pay cut for a second year running after higher spending and new additions to the firm’s top ranks dented their BDO USA's salary ranges from $78,390 in total compensation per year for a Management Consultant at the low-end to $189,050 for a Partner Manager at the high-end. Just to add more general info for federal employment. When I first started at my firm it was November and I got $250 as a Generally it is a partner or your old omp (whatever their new title is at least for client facing groups not sure for core business services) that will tell you your raise and bonus. View community ranking In the Top 1% of largest communities on Reddit. Controversial Posted by u/Cultural_Detail_3302 - 2 votes and 5 comments My biggest gripe BDO was the national office and upper management are super slimy. Work-life balance was better than big 4 but there were periods where there are 10/11pm nights. Looks like comp talks are beginning. They told me that BDO had acquired another accounting firm and essentially BDO did a bad job with integrating the existing firm with the acquired one, leading to a lot of internal management problems. Still, it depends to the area and people you work with. As a side example if you happen to be in Australia, universities; Melbourne Uni might be considered the 'top' uni, but ACU For public companies 80% are big 4. This is a nice trick so the recruiter doesn't realize how large it is off the bat, and if they can't meet the expectation, don't worry-keep the Moved to industry as a new assistant manager and got 91K base and 20% salary as a senior accountant. Does anyone know the typical salary? this is it. In stat audit how much salary can I expect in hand(by in hand I mean after 13 votes, 17 comments. Old partners with no succession plan have been selling to the EAs, CLs, and BTs for years. School, Boot Camp, and transferring to your first command in our sister subreddit, r/newtothenavy The estimated total pay range for a Partner at BDO is $200K–$500K per year, which includes base salary and additional pay. Best basic salary - BDO. I downloaded BDO Pay the moment they announced it. Note: Resetting your password on the BDO Pay or BDO Online does not automatically reset Salary depends on position (Assoc, Senior, and manager), department (Tax, Assurance, IT, etc) and kung US FS, OCEANIA, or APAC ka. Idk why i am here typing all those. It depends on seniority (there are junior partners and senior partners) , which business line of the big 4 (e. Pension used to be employee pays in . This is currently available in the app stores. you know the drill. Sort by: Top. Left that company as a team lead financial reporting and got 127K base and 10% salary as a manager of integration. Not sure if this is specific to the region, but it was mid west. I had co-workers tell me that BDO x2 their previous salary. no more mandatory retirement age, no more quarterly tax payments, no more floating expenses between partner distributions, etc. When they get an approval for hiring, they give HR a salary range and of course HR will offer you first the lowest amount. MBB or Big 4 or if Other Get the Reddit app Scan this QR code to download the app now. Definitely simplifies the compliance side of things. 4% toward their defined benefit plan (pension) Got an offer from BDO for 65k salary (Associate-level) role. My partner who works in advisory at another Top 10 firm gets much better raises and bonuses (we’re both highly rated). Sa maya and bdo app i-input mo lang card number/details then amount tapos you're good to go. is different. Anyone have any insight? Share Distributions to new partners and all employees through bonus and salaries will be lower over the next decade because of this short I work at BDO in advisory and while I enjoy my job/team/WLB, the raises/bonuses suck. I've been reading some American threads where people mention that after 3 years and obtaining a Chartered Accountant (CA) qualification, they can exit into roles in industry or FP&A (Financial Planning & Analysis) that pay over NZD $100,000. Got an offer from BDO in a VHCOL for $100k as a Senior Tax Associate + $5k signing bonus. The average BDO USA hourly pay ranges from approximately $21 per hour (estimate) for a Bank Teller to $101 per hour (estimate) for a TPA . Says it's similar culture to big 4 but hours and pay were much better for them. Reply reply shifty_loo11 after 1 year of experience I was at $84k salary, received an additional 5k CPA bonus, and Rather, the salary trend in Canada is so low compared to cost of living. 28 and stuck living with parents (paying the rent here also). 5m in a great year. For me pwc. The average additional pay is $28K per year, which could include cash bonus, stock, commission, profit sharing or tips. Deloitte US). I recently interviewed and got offer from BDO for the valuation role. so someone might be granted shares worth 10Cr, and have shares worth 2 cr vesting this year plus a 1 cr base pay, so their total pay will be 3 cr. L2/L3 - staff / experienced staff. They are desperate for senior and managers since they all quit, wouldn’t take a position there. I have almost 3. , Kirkland, Latham, Milbank, Skadden, White & Case. I’m a senior consultant (should make manager next year). BDO's vacation is actually pretty damn good though in general (even with the new shitty PTO accrual policy). The average Partner base salary at BDO is $210K per year. I am new grad without any experience and non-business school major. It has its flaws. Get the Reddit app Scan this QR code to download the app now. Sometimes the partner would have a higher base Get the Reddit app Scan this QR code to download the app now. He was even denied his salary increase. it's a boon for the partners of all levels, especially junior partners because now there aren't tiers of partners anymore. My understanding is that certain groups without traditional "recurring" (think annual tax returns) revenue were given the shaft in the ESOP sharing, and people in Get the Reddit app Scan this QR code to download the app now. Please provide: Service line Region Former level -> current level Former salary -> Get the Reddit app Scan this QR code to download the app now. 3M subscribers in the Philippines community. They have good clients and are very highly respected. Partners at BDO have had their pay cut for a second year running after higher spending and new additions to the firm’s top ranks dented their earnings. In terms of GT Audit vs McGrathNicol, I would go GT. Salaries posted anonymously by BDO employees. Her salary was 30-35k. Di ma retain. Usually at senior levels, the amounts talked about are shares vested in the current year. Expect it would be a marginal uplift from a director offer but bonus of title and closer to pushing for equity partner in a couple of years. Or check it out in the app stores According to this CPA firm partner, new hires in public accounting with 0 exp are demanding $80-100k Add a Comment. How do post-qualification audit salaries at BDO compare to the Big 4 firms? With BDO’s size, it is very competitive with other top 10 accounting firms concerning post-qualification audit 225 votes, 546 comments. g. Even the partners making $3M+ had base salaries around $300K. Manage L9 Exp Sr. Best benefits - Metrobank. Open comment sort options. often eat and drink out (not obligated at all but just for fun and connectivity and paid by partner), better salary, free phone and its bill great travel opportunities, sizeable and well known clientele. Extra legal stuf is a mobility package and netto extras [officially representation budget and per diem reimbursement (this is ment to replace meal vouchers)] and the base yearly salary in Belgium is calculated as 13. Or check it out in the app stores   Google says the average partner salary in the UK at Deloitte is £1m, that is some rise! Big 4, BDO, etc - but never with women Pay is okay, if you came in from some other company before you get into BDO. The key to getting good salary bumps is to transfer firms and negotiate a good increase Full disclosure I have never worked for BDO so a lot of my info is second hand, but some general info I can give, with the caveat that of course every location, department, team etc. 92 times your monthly salary to take into account 13th month and vacation pay. And currently looking for a job. I don't think they would pay any dividends. Prep for these questions and you already aced 3/4 of your interview. Just a reminder that the workload in the prior is really immense. Best. They are consolidating mom&pop CPA shops. The average additional pay is £0 per year, which could include cash bonus, stock, commission, profit sharing or tips. If BDO is doing layoffs on a large scale and include those who have worked hard and done their part, then I would definitely start to feel discouraged and resentful towards BDO. I'm guessing they are telling partners that this new model will make them more money as well in the long run which makes sense. I applied this credit card via BDO as part of my privilege of maintaining an amount of 50k and above for consecutive 6 months, and I didn't need to submit proof of income documents to my branch as part of that privilege. while the rest of the banks low base pero they will give you some profit sharing. I don’t think the audit risk is their concern. I think up to 14th or 15th month sila, tapos may Sodexo pa for clothing allowance. EY tanks go associate > senior > manager > senior manager > partner/principal. Or check it out in the app stores   Ask for the budget for the position, then indicate your asking net salary annually as a range. BDO’s average partner pay rose 12% to £681,000 in the year ended 5 July 2024 as the professional services firm hit the £1bn revenue mark for the first time. Go Big 4 for the name on your resume. Hey does anyone here work at BDO Canada? I'm interested in their audit practice and I want to know if it's worth joining after graduation. Assuming partners will hold more equity. A solution partner has their own sales teams and while we still partner up with NetSuite. Most major holidays and dec 25th-jan 1st off. If they really value you, they can poach you. BDO is a very reputable firm and that name on your resume will do a lot. New comments cannot be posted. We actually have a . After about 4 years of total experience I jumped to a well known middle market accounting firm for a $115k base salary and 10-20% bonus potential. Lots of politics, favoritism, mga weirdos with personality issues. I have heard that Deloitte pays better than BDO but if the working hours at BDO are better than Deloitte, that would translate to more $$/ hr 😀than just chasing the Big4 name. BDO’s audit business Here's the 2021 BDO comp thread. I was reading on Glassdoor that mid-tier firms (let’s say BDO) has better work life balance than Big4 (put any name , e. If you don't, you can pay thru Maya but with additional service fee of 10 pesos i think. The job is fairly cushy. You can't send prepaid load either. On every all-hands call, the partners are so scared to directly address not getting a raise during COVID (subsequent pay raise is good but won’t be sustained imho) and why national training is canceled BUT at the same time talk about historically high YOY revenues. He wants me to apply and kukunin daw niya ako as an accounting staff. CSCareerQuestions protests in solidarity with the developers who make third party reddit apps. But, if it's only a few layoffs in one office that may truly be performance-based, then that's a different situation. NOOOO!!!!! YOU CAN'T DO THAT BECAUSE I have a position lined up at one of the Big 4 audit firms in New Zealand, starting at around NZD 65,000. Yung current salary ng spouse ko, nalampasan ko na nung 2016 pa. BDO is pretty solid. now they are all w2 employees and get the firm health insurance again. The average BDO salary ranges from approximately $7,975 per year (estimate) for an IP Network Engineer to $212,887 per year (estimate) for a Global Head of Communications and PR. wla si BDO sa partner billers ni BPI **This subreddit is temporarily private as part of a joint protest to Reddit's recent API changes, which breaks third-party apps and moderation tools, the bonus and the base salary are gross. In hindsight it seems like BDO recognizes that this partner has made a poor judgement and is even being investigated if he might have had racist motives (since the friend is Afro American). Or check it out in the app stores   Madami daw toxic pinoy managers kaya nagsilipatan sa partner and customers ung mga employees. Region: office/region/H-M-L COL Level: Rating: Salary: old to new Bonus: Additional thoughts : Service line : Share Sort by: Best. The shareholders (former partners) would get a nice fat W-2 instead of distributions and K1s etc. - very very low - Quote from the partners and Recruitment teams - no Senior manager in our company How much does big 4 pay for CA freshers in Metros like Mumbai,Delhi,etc. It's profit share dude. Top. And don't worry, anyone below partner will still get My understanding is apples to apples, a b4 partner makes less than a McKinsey/Bain partner. Non equity partner salaries also vary greatly by firm and probably mostly fall at the low end of your 500k-1mil range for “junior partners” 2 – The NEW BDO Online app is an app that now runs on our new systems, and we’ve enhanced the look of the app and its security features. thermal__runaway • Cost of living goes up by 25%, people demand 25% more pay. 8% but after 2012 it’s gone up a couple times and currently new hires come in and pay 4. Always always negotiate your salary with HR. 5 years of experience at a small regional firm. BDO, RSM and EY However, BDO and RSM has asked for my salary expectations. Metrobank is good when it comes to employee benefits. true. BDO’s partners had their pay cut after the UK’s fifth-largest accounting firm ploughed money into a hiring spree partly designed to give staff a better work-life balance. USD vs CAD is like comparing apple to oranges. Big 4 size with a Smaller firm feel. Or check it out in the app stores     TOPICS. I see a lot of raises going around in the GTA and wanted to know what everyone was receiving. Going from Big 4 to a mid tier is pretty easy, but it’s a lot harder to go from mid tier to Big 4. The highest paying role reported at BDO USA is Partner Manager at the Common Range Average level with a yearly total compensation of $189,050. For me, i loved my time there. (I’ll be coming in as a Senior, with 4 years in public under my belt and 4 years in industry). I used to work for big4 and had a higher salary but took a pay cut for industry experience. This includes base salary as well as As there's a lot of disparity among salaries within North American Market, let's share Canadian salaries here. For anyone who’s curious, these are the BDO levels and their corresponding titles: L1 - intern. I knew people working there, they had their pros and cons. 2x your salary? Community for people who work for Deloitte (or any of its partner firms). If I don't make over 100k or get a partner to live together with, it'll stay that way. At the very largest a variance of 5k a year. Eagland’s comments came after BDO’s partners saw their pay drop 15 per cent, to £647,000 for the financial year 2021/22, after a £70m recruitment drive hit the accounting firm’s profitability. BDO almost always prepares the financials and alot of times has the same recurring proposes entries as well as writes their clients memos. It’s actually “outsourcing”, i. To think na mas matagal na sya sa industry (IT). Particularly partners/teams in particular firms, including BDO, will naturally start to specialise in some areas of the market. Comp conversations last week. New. I do have partner aspirations and BDO seemed ideal to me as I believe the average partner compensation has just Ive been to different banks na btw, 6 digits salary monthly na now. e BDO of other countries giving you part of the work (often the boring part You definitely want to be aiming for the top 20, but avoid the firm's that have offices everywhere like findex as they have a lot of small finish clients. Manager L10 Director L 11 Partner Generally your first round interviews are with HR people and they don't tend to be as laid back as the partners in the 2nd round interviews. Left there after 1 year to my current role. Check out the sidebar for intro guides. I also work for a bank, but not directly. The estimated total pay range for a Partner at BDO is $200K–$500K per year, which includes base salary and additional pay. May bond ata 3-5 years. BDO USA's salary ranges from $78,390 in total compensation per year for a Management Consultant at the low-end to $189,050 for a Partner Manager at the high-end. In my opinion, switching companies is the main factor in raising salary fast. I know some of the above firms operate a split equity and non-equity partnership, so some insight would be much appreciated. Benefits are okay, but slow growth in terms of career and salary. BDO-CMC . Hello all. Benefits are okay though. My mentor said her new income partner salary was barely higher than what she would’ve made as a 7th year associate. That MB Partner comp (BCG Director comp) is somewhere between 600k in an average/low yield year to 1. You know what to do. but there were some very toxic issues among some Partners and Managers that ultimately made me leave. now it's Transfer to GCash then pay BDO thru Gcash. Well aware of the job title inflation - seen many partners who would have been at BDO pay will be extremely similiar if not exactly the same as Big 4. They’re paid partner distributions based on how many units they own. Or check it out in the app stores   BDO Canada 2022 comp thread . What would you pick out of these 3? Why? Bdo has slightly more holiday days than the others and theyll all be in the uk too. The location will be HCOL and would love to know how much should I get paid. Internet Culture (Viral) Amazing; Animals & Pets I forgot to add that these partners base salary was $250K–$400K. Or check it out in the app stores   Salary range is P50K-P100K monthly for assistant managers to managers, and P100K-P200K for senior managers to AVP's. even if the 2 cr is in shares, its still as good as money and doesn't need to be separated for calculations. I don’t know what other banks offers a provident fund. L4/L5 - senior/experienced I have gotten offers from all 3 of these for apprenticeships they are more or less the same starting salary. They need to buy into the partnership which can be a big financial burden on a junior partner. Or check it out in the app stores Rumor has it there was a secret meeting with all BDO partners today in Orlando. Top picks would be: Big 4 Pitcher partners BDO Grant Thornton Married to a BDO employee. The best place on Reddit for admissions advice. Pay was alright. reddit's new API changes kill third party apps that offer One of my best friends recently left BDO because he didn't get promoted to manager despite good performance reviews. assurance, advisory, TAS, tax) and how much billings/revenue they bring in. Opinions on BDO Canada . It would just be bonuses. If you start sa BDO, career and pay progression is slow. This is just one person's experience, but I know someone who works with BDO. . I'm about 10 years out from retirement. I have lots of down time during my day to day to browse reddit or read WSJ. My uncle told me to apply in BDO, and also I have a friend who is a CPA in a construction corp. Salary was increased up to 63k. The average Audit Partner base salary at BDO is £50K per year. The manager was a management trainee daw as fresh grad then assigned as branch manager after a year. Since we don’t get OT PA firms pay out a large bonus, normally at least over half your normal check, twice a year. I worked with great partners, had a really supportive manager that cared for my well-being and made friends for life. Thanks! I’ll start first: Firm: PwC Position: A2 Pay increase: 48k to 58k plus 2k bonus Rating: no clue tbh Location: Toronto BDO in general is not a great firm to work for- they will not pay you what you’re worth, promote or pay you a bonus when they promise you one. When I worked for BDO, the A free inside look at BDO salary trends based on 1523 salaries wages for 381 jobs at BDO. Every person I've interacted with at every level so far is pretty awesome. Sort by: The average BDO USA salary ranges from approximately $49,631 per year (estimate) for a Customer Service Representative to $334,262 per year (estimate) for a Senior Managing Director. You can't send to others unless they have a BDO account. Most will need to take a bank loan. But as a word of warning, big 4 will be shit pay for long hrs, but it's all about the career opportunities that come after. Format: Firm Type: (e. I want to get at least 70k. They also are obliged to ask these standard HR questions. There are leaves If you have a BDO savings account/BDO online account, then you should be able to pay your CC bill in the app, explore mo lang (Pay Bills ata). The higher salaries offered by a Big 4 firm almost always translate into a longer working week for fee earners than if they worked in a Mid Tier Firm. Haha i just like being here now than before bdo. Firm Size/Industry: Mid-tier (GT/RSM/BDO) Region: London Service Line: Tax Grade: Manager Salary (+bonus): £62,000 (new so no bonus here yet) you can still earn healthy money in accounting despite being lazy / not overly invested / still regularly posting on Reddit at work age 37. Hello, didn’t see any salary threads for Canada so wanted to make one. Most banks also guarantee at least 15 months salary in a year, with BDO and BPI offering 16 months. But different offices and partners can have different expectations. You will be working on 10 jobs at once with no guidance; overall toxic environment. I'm a first timer credit card user. But some will make much more and some much less. salary is low and work is extremely routine. Okay ba yung salary at work environment? Share Add a Comment. e. Some may like more bdo than pwc. Our firm is a BDO Alliance member. Now the old partners at those firms did the same thing. It has potential and I love the user interface and doesn't crash like the previous app. Members Online Get the Reddit app Scan this QR code to download the app now. I recently joined at BDO solutions (Vivéa Park) as a fresher and I honestly don't know how to feel. ppgtfv jwucf npsv qzzhcnqp fypqd lxjm ulpvjr nontgwep vffcfq qdwu oakqgc wvx ioip yqgp easoeky