EY partner pay in UK hits £803,000 as consultants drive profit boost
EY’s average partner pay in the UK has hit a record £803,000 after a surge in demand for the Big Four firm’s consultants fuelled a sharp increase in full-year profits.
The strong performance comes as EY partners around the world prepare to vote on a proposed split of its audit and advisory businesses, which bosses hope will result in faster growth.
The UK arm of the accounting firm on Tuesday reported a 17 per cent increase in sales to £3.2bn for the year to June, driven by a 33 per cent increase at the consulting division, whose sales reached £888mn.
This story originally appeared on: Financial Times - Author:Michael O’Dwyer
