KPMG

Salary

6.0 / 10
26 reviews
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2011 Reviews

  • It's a toss-up. Find a job with better pay but longer hours. Or stay content with better hours but less pay. My opinion on my remuneration varies with the time of the year, e.g. Less favourable when looking at holidays or just after coming back from holidays. There are reward schemes where we can nominate and recognise people for their help/contribution. Rewards can be monetary and/or extra day off. Anyone can nominate someone.

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  • I am due to receive a bonus in my second year of employment and there are also opportunities where outstanding service is recognised on an ad-hoc basis.

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  • As a student/assistant you don't get a salary until your 3rd Christmas, so after 2 whole years have been worked. This seems a little unfair considering how hard the students need to work at the exams during the year and little reward comes from this. There used to be a bonus for passing exams first time but this doesn't exist anymore.

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  • Competitive, but feel like I do more work than my pay reflects. Bonus is performance related but the criteria are poorly devised, and you rarely get graded at the level where you and your performance manager predict, it's always below.

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  • While being a graduate trainee I did not feel my salary was competitive, however, on passing all my exams, the wage increase was substantial. Bonuses have been relatively low since I started at the firm, due to the pressures on the economy, but this will hopefully improve over the coming years.

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  • Bonus seems fairly random. Salary can vary between staff of the same grade which can be frustrating.

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  • Although lower compared to other professions, within accountancy KPMG is one of the top remuneration packages. The level is fairly consistent over the Big 4, which is more than smaller firms.

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  • Bonuses are calculated as a percentage of salary based on performance grading. The bonus pool is dictated by how profitable the business has been in the year.

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  • I was promoted a year early so saw a big increase last year; however, I also think I am paid well compared to my peers in other industries and at other companies. I also got a pay rise every year, unlike a lot of my peers.

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  • The company pays for graduate ACA training and hence remuneration is low.

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  • I believe that the pay is competitive. Bonuses plummeted in recent years but have been getting better.

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2010 Reviews

  • The salary is not very high; however my firm pays for all my college and exams to gain the ACA qualification.

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  • Discretionary awards for outstanding client service, lunch allowance.

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  • Comparable to other similar companies. Cannot complain.

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  • KPMG will match pension payments up to 4% of income.

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  • The expenses policy is very good with a generous mileage allowance. There was no bonus last year due to the economic climate but this may come back in this year. There are also performance based pay-rises.

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  • The benefits are pretty good: Lunch allowance is worth approximately £800. The pension scheme is good. There are private healthcare and dentistry options which are useful. You can organise extended periods of leave to do your own thing (up to 3 months).

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  • I appreciate the fact that, as a graduate trainee, the whole training is paid for by KPMG; I spend about 2 months a year in college while I still receive my monthly salary, which is time when I don't actually work for KPMG. Therefore the pay seems fair to me.

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  • College fees for ACA come to around £10k – £15k per annum. Lunch allowance of £4 per day. Expenses paid for.

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  • Salary surveys are easily available, and the firm carries out benchmarking exercises to ensure I am fairly paid – or better. We have regular updates regarding the bonus pool, and have a wide range of employee benefits to choose from. I know I am fairly paid and rewarded for the work I do, which makes me happy to keep going.

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  • I received a 20% pay rise after one year – which I was very happy with, and speaking to peers I should be very happy! It was firm policy not to give a bonus to first years so I didn't get a bonus last year, however the partners felt bad about giving us nothing so we were given an 'Encore Award' for £200. This is an award from the firm that you can use to buy vouchers in high street shops. They didn't need to do this but it made a huge difference to me and really made me feel appreciated

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  • Lunch allowance of £4 per day. Mileage of 40p/mile. Other expenses reimbursed for hotel stays/meals, etc... Performance related bonus.

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  • Bonuses are performance linked which fosters healthy competition within the firm.

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  • I feel the level of pay I receive is around the correct amount for the level of work I am undertaking. KPMG offers staff many other benefits to supplement their base pay such as lunch allowances and a comprehensive expenses scheme." – Intern, Manchester

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  • General pay is reasonable, though not in relation to hours worked. Expenses include; 40p per mile fuel/car allowance, £25 per night when working away and a lunch allowance.

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  • I am not receiving a bonus this year as I am still in my first year, after this year I will receive a bonus depending on company and office performance.

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  • Very happy with the bonus received in prior year – was not expecting one given the difficulties faced by all companies during the recession.

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