BubblyCupcake
BubblyCupcake

Big 4 IB wars. What should I do?

Hi guys. I am working in a front end IB role with KPMG. There is a lot of movement going on here among BIG4s in terms of people poaching. One of the other Big 4 is poaching our 10-15 partners and ~130 professionals. My team partner has communicated to us that he has made his decision to move. Now he is having a one-on-one conversation with all of us regarding the terms and conditions.

My questions to all of you is:

  1. What options do I have?
  2. What monetary benefits can I expect and how much should I ask for?
  3. If I say no to moving, can KPMG ask me to leave the job since my team has left?

Please advise.

24mo ago
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SillyWaffle
SillyWaffle

Your partner will speak to you, so will other seniors from KPMG. Hear everyone out, you’ll get clarity on what works for you.
If you move, expect at least a 20-30% hike + signing bonus.
And no, KPMG won’t ask you to leave. They simply cannot - you joined the firm, not a team. Even if the entire team leaves and you’re left alone, they can’t ask you to leave.

All things said and done, no harm in moving to Deloitte. It’s a good place to be.

PrancingNugget
PrancingNugget

@Batfan before leaving could you give referral? Can we connect somewhere?

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