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Ratings

What's the disparity of someone who is 2-rated versus someone that is 3-rated at a manager level (5-6 years in) at a Big 4? I understand that it'll probably be different across regions, across firms, and across markets, but typically, is there a huge gap in salary between someone who is average and someone who is performing at a rating 1 level above? 

 The bands get wider the higher up you go, so at the manager level in above, there is a gap in salary that's a few thousand dollars, plus the higher rated ones will get bonuses. Always try and aim to get an above average rating. Partners and senior managers are aware of your ratings and this affects the clients you get put on, and your visibility amongst the higher ups too.

Comments

Anonymous said…
I work at a big 4 and i got a rating of 4! I am pissed off and want to leave the firm! I worked really hard during the busy season and i feel like my work wasnt recognised and appreciated at all. I am on my way of completing the ACCA ( 1 more exam left) and i have 2 years of work experience. I am only thinking to stay there one more year in order to qualify and then leave. Even if I stay will I have any progression there with my career? Or the rate 4 will always be there like a ghost in my performance review background to hunt me?
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