EY / Big 4 Salary progression

EY
#1

Hello.
I recently received a graduate offer from Ernst & Young for Tax, starting around £20000 in Liverpool. Does anyone know how the salary is likely to progress over my three year training contract? I believe you should expect to be on around £30000-£35000 in three years time once qualified, does that just come as a big increase at the end?

Any info is much appreciated.

Tony.

#2

I recieved an offer from both E&Y and Deloitte and they were both about £20500 starting salary. I think u get your pay reviewed yearly and that when your qualified you’ll be expected to earn about 30-35k yes, thats why a lot of people leave to go into industry and earn higher money straight away. Im not exactly sure how it progress’ each year though.

#3

Forgive my ignorance, but what does ‘industry’ mean exactly?

#4

Moving into industry is when you move from a financial services firm (i.e accounting firms) and into a company. Generally the hours and pay are both better.