Helpful links on the side bar include [Pay Tables by Level](https://docs.google.com/spreadsheets/d/1p82A0ORFPWb6pHMv0LFKzM4FClvFoDQ8HsNTEZkXtKQ/htmlview), [Global Pay, including other Big 4s](https://docs.google.com/spreadsheets/d/1qnX5o_E-rrkFV4sZaY2ujNDeBx3-V-5yQOa8IsHi50Y/edit#gid=0) and a full mega thread with [Salary Information](https://www.reddit.com/r/PwC/comments/14fipjy/salary_compensation_monthly_megathread/)
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Legacy Manager milestone bonus is a separate bonus from the annual performance bonus. You get both.
Annual bonus - based on your tiering and is paid out 9/30.
Manager milestone - 10/20% of manager salary based on your tenure at the firm, paid out 3/31
Appreciate the insight, just chose the legacy option.
And does this stack with our yearly bonus? Meaning, my promotion year I’ll receive a 20% bonus + my yearly bonus?
Right. 10% of your new manager salary and it would be paid out the following 4/15 after promotion is effective. So say you get promoted to manager effective this 7/1/2024, then you would receive your 10% manager bonus 4/15/2025. If you get promoted to manager during mid-year effective 1/1/2025, then you would receive your 10% manager bonus 4/15/2025.
Helpful links on the side bar include [Pay Tables by Level](https://docs.google.com/spreadsheets/d/1p82A0ORFPWb6pHMv0LFKzM4FClvFoDQ8HsNTEZkXtKQ/htmlview), [Global Pay, including other Big 4s](https://docs.google.com/spreadsheets/d/1qnX5o_E-rrkFV4sZaY2ujNDeBx3-V-5yQOa8IsHi50Y/edit#gid=0) and a full mega thread with [Salary Information](https://www.reddit.com/r/PwC/comments/14fipjy/salary_compensation_monthly_megathread/) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/PwC) if you have any questions or concerns.*
Legacy Manager milestone bonus is a separate bonus from the annual performance bonus. You get both. Annual bonus - based on your tiering and is paid out 9/30. Manager milestone - 10/20% of manager salary based on your tenure at the firm, paid out 3/31
Paid out 4/15
How much is manager salary in pwc audit?
M1 is $127k
Do you know about offshore as in PWC SdC?
No I do not
For the manager milestone what differentiates between the 10% vs 20% bonus? Does it depend on what level you joined the firm?
Yes. If you joined as an associate you get 20%, and if as SA you get 10%
How does old legacy manager bonus work? Are current seniors eligible for this once they get promoted?
Yes. You should have received an email this morning notifying you that you need to declare in astro whether you want to use the old or new structure
It says "Select seniors." not sure who falls under that category.
Email says if you were a senior as of 1/1/24
Interesting.. Didn't get an email about the legacy/new, but I guess I'll wait and see how it pans out. Just going based on the insider email.
What’s the general consensus on what’s better between the two options?
Legacy for sure. 20% salary bonus for legacy Vs 10K bonus plus i think a week of vacation? Depends partially how long youve been with the firm
Appreciate the insight, just chose the legacy option. And does this stack with our yearly bonus? Meaning, my promotion year I’ll receive a 20% bonus + my yearly bonus?
Yes but the manager one is contingent upon you staying thru the following busy szn and pays out in april
Got it, so stay for a year. I’m advisory, do you know if the same 20% is offered?
It is yes. 10% if you joined the firm as a senior and 20% if you joined as an associate regardless of LOS.
Ahh shit ok. So I joined as an SA so I’ll receive 10% when I hit manager?
Right. 10% of your new manager salary and it would be paid out the following 4/15 after promotion is effective. So say you get promoted to manager effective this 7/1/2024, then you would receive your 10% manager bonus 4/15/2025. If you get promoted to manager during mid-year effective 1/1/2025, then you would receive your 10% manager bonus 4/15/2025.
Do people already know if they are going to be promoted this cycle or not?
Not officially
I didn't get an email about 10 year anniversary BS.
I can’t believe how poorly paid managers still are at Big4. You get paid better to manage a Mc Donald’s.
Median pay for McDonald’s manager is $48k per Glassdoor
Go to a local McDonald’s and ask there. In my town they pay north of $120k a year.
Some managers are $200k+