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Consulting, audit firms may roll out 100% variable bonus

Mint Mumbai

|

January 22, 2024

Senior, high-performing executives at consulting firms such as Mercer, Aon and the Big Four audit firms can expect to take home about 100% of their bonus payouts this year, particularly if they had been advising clients on navigating confounding spaces such as artificial intelligence (AI).

Consulting, audit firms may roll out 100% variable bonus

Although their bonuses might be a tad lower than in recent years, their global peers will likely receive much less because of macroeconomic sluggishness.

The variable payouts are expected to be higher for executives at the Big Four-KPMG, PwC, EY, Deloitte.

Across the industry, though, there are likely to be stark differences between teams within the same consulting firm; bonuses rolled out would depend on their client's business and sectors.

"While those working with IT service firms may not get top bonuses, consultants working on product and AI are up for more," said a partner with one of the Big Four, who did not wish to be named.

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