Ernst and Young Job Salary Reviews and Benefits Insight

 

 

Ernst & Young Employees' Salary details on average per annum

 

Ernst & Young Graduate Trainee's Salary on average per annum:

Ernst & Young recruits graduate trainees from any discipline and academic background.

EY Graduate Trainee's salary – first year
  • Annual Salary: £22k to £26k
  • Study Support: Full study support provided and expenses borne by EY.
  • Annual Bonus: Performance related bonus ranges £50 to £4,000
  • Holidays: 25 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc
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EY Graduate Trainee's salary – second year
  • Annual Salary: £22k to £28k
  • Study Support: Full study support provided and expenses borne by EY.
  • Annual Bonus: Performance related bonus ranges £50 to £4,000
  • Holidays: 25 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

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EY Graduate Trainee's salary – third year (for majority of the trainee positions)
  • Annual Salary: £29k to £36k
  • Study Support: Full study support provided and expenses borne by EY.
  • Annual Bonus: Performance related bonus ranges £50 to £6,000
  • Holidays: 25 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc
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EY Graduate Trainee's salary – fourth year (for some departments and individual basis)
  • Annual Salary: £29k to £39k
  • Study Support: Full study support provided and expenses borne by EY.
  • Annual Bonus: Performance related bonus ranges £50 to £6,000
  • Holidays: 25 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

Note: Most trainees pass their professional qualification exams in the first three years of joining the firm. However for few qualifications the trainee position internship’s duration are inherently long e.g. ACCA trainees take four years to qualify. Sometime trainees defer or fail their exams which would result in taking additional exam attempts and qualifying in their fourth or even fifth years.
Once a trainee has passed all of his professional qualification exams he would then automatically move on to the ‘Experienced Hire route’ salary term within the firm.

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Ernst & young School Leavers Trainee's Salary on average per annum

Option 1: School leavers can either embark on a University route for 4 years straight after A-levels or

 

Option 2: School leaver can aim to qualify CFAB and ICAEW for 5 years straight after A-levels.

 

In our experience most of the students opt for the second option.

EY School Leaver Trainee's salary – year 1 to year 4 (attending University for Degree)
  • Annual Salary: £20k to £29k per annum (Prorated)
  • Study Support: Full study support provided and expenses borne by Ernst & Young.
  • Annual Bonus: Performance related bonus ranges £50 to £7,000
  • Holidays: 25 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

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Ernst & Young School Leaver Trainee's salary – year 5 (attending College for professional qualification)
  • Annual Salary: £28k to £37k per annum
  • Study Support: Full study support provided and expenses borne by Ernst & Young.
  • Annual Bonus: Performance related bonus ranges £50 to £7,000
  • Holidays: 25 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

 

Note:Once a trainee has passed all of his professional qualification exams he would then automatically move on to the ‘Experienced Hire route’ salary term within the firm.

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Ernst & Young Experienced Hire Trainee's Salary on average per annum

Ernst & Young Part Qualified Experienced Hire
  • Annual Salary: £29k to £43k
  • Study Support: Full study support provided and expenses borne by Ernst & Young.
  • Annual Bonus: Performance related bonus ranges £50 to £7,000
  • Holidays: 25 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

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Ernst & Young Recently Qualified Experienced Hire
  • Annual Salary: £39k to £47k
  • Annual Bonus: Performance related bonus ranges £50 to £8,000
  • Holidays: 25 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc
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Ernst & Young Qualified Experienced Hire – Manager
  • Annual Salary: £52k to £67k
  • Annual Bonus: Performance related bonus ranges £50 to £18,000
  • Car Allowance: Range £4,000 to £6,000
  • Holidays: 29 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

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Ernst & Young Qualified Experienced Hire – Senior Manager
  • Annual Salary: £65k to £90k
  • Annual Bonus: Performance related bonus ranges £50 to £20,000
  • Car Allowance: Range £4,000 to £8,000
  • Holidays: 29 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

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Ernst & Young Qualified Experienced Hire – Director
  • Annual Salary: £90k to £140k
  • Annual Bonus: Performance related bonus ranges £50 to £20,000
  • Car Allowance: Range £4,000 to £10,000
  • Holidays: 29 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

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Ernst & Young Qualified Experienced Hire – Partner
  • Annual Salary: £160k to £800k (normally first year Partner on salary)
  • Profit Sharing: £900k to £600k (Experienced Partner share profit)
  • Annual Bonus: Performance related bonus ranges £50k to £4,000k
  • Car Allowance: Range £12,000 to £35,000
  • Holidays: 29 days paid annual holidays, maternity & paternity leave.
  • Non Cash Benefit: Pension options, Insurances – life, accident, medical, dental, health checks, eye test vouchers, confidential support helpline.
  • Additional Benefit: Option to buy additional holiday, unpaid leave, childcare vouchers, bikes for work, travel and other additional insurances, etc

Disclaimer: The salary information is written by the independent researchers with job applicants in mind. The objective is to help in your job research and to understand the employer. Please bear in mind that this information is not error free as it is not sourced from Ernst & Young directly.
It is possible that Ernst & Young is offering a different package from the benefits listed above. Please contact Ernst & Young to understand the full salary package on offer for your particular vacancy.

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