Big 4 Salary Guide in London/Europe
The Big 4 accounting firms—Deloitte, PwC, EY, and KPMG—offer competitive salaries that vary by role, experience, qualifications (e.g., ACA, ACCA), department (e.g., audit, tax, advisory), and location. London typically commands a premium due to higher living costs, often 10-20% above other UK regions. In Europe, salaries differ significantly by country, with Northern Europe (e.g., Germany, Netherlands) generally higher than Southern Europe (e.g., Spain). Data is drawn from 2025 sources and represents approximate ranges in GBP (£) for the UK and EUR (€) for Europe; actual pay depends on performance, bonuses (typically 5-20% of base), and benefits like pensions, health insurance, and study support. Bonuses are performance-based and more substantial at senior levels. Entry-level roles often include training contracts leading to qualifications after 3-5 years. UK (Focus on London) Salaries in London are higher than regional UK averages. Here's a breakdown by career level, aggregated across the Big 4 where possible. Figures are base salaries unless noted.
| Level | Description | London Salary Range (£) | UK Regional Range (£) | Notes |
| Graduate/Trainee (Entry-level) | Fresh graduates on training schemes (e.g., audit associate). | 28,000 - 35,000 | 25,000 - 32,000 | Includes study support; lower end for non-London. Bonuses minimal (0-5%). |
| Newly Qualified (Post-qualification, e.g., ACA/ACCA) | 0-2 years post-qualifying experience; roles like senior associate. | 45,000 - 65,000 | 40,000 - 55,000 | Jump after exams; bonuses up to 10%. |
| Manager | 3-6 years experience; team leadership in audit/tax. | 60,000 - 80,000 | 55,000 - 70,000 | Bonuses 10-15%; varies by firm (e.g., KPMG ~67,000 average). |
| Senior Manager | 7-10 years; oversight of projects/clients. | 70,000 - 100,000 | 65,000 - 90,000 | Bonuses 15-20%; EY/PwC often ~70,000 base. |
| Director/Partner | 10+ years; equity partners earn significantly more. | 100,000 - 160,000+ (directors); 150,000 - 300,000+ (partners) | 90,000 - 140,000+ (directors); 120,000 - 250,000+ (partners) | Profit-sharing for partners; averages vary by firm size/profitability. |
Deloitte: Graduates ~21,000-30,000; qualified >45,000. KPMG: Graduates ~34,500; qualified ~45,000; managers ~67,000. PwC: Graduates ~21,000; qualified ~45,000; senior managers up to 70,000. EY: Associates ~30,000-36,000 (first 3 years); assistant managers ~50,000; senior managers ~70,000.
Regional examples (from general accounting data, as proxies where Big 4-specific not available): Midlands finance managers 60,000-70,000; North CFOs 125,000-200,000. Europe (Selected Countries) Data for Europe is more fragmented, with Big 4 salaries often aligned to local markets. Northern Europe offers higher pay due to stronger economies. Figures are annual gross base salaries; taxes and benefits vary (e.g., meal vouchers in Belgium). Bonuses are similar to UK (5-20%).
| Country/Region | Level | Salary Range (€) | Notes |
| Belgium | Junior/Graduate Accountant | 26,400 - 33,600 | High demand; includes benefits like insurance. |
| Belgium | General Ledger Accountant (3-6 years) | 36,000 - 49,200 | Team leaders up to 80,400. |
| Belgium | Accounting Manager (7+ years) | 72,000 - 105,600+ | Varies by experience/sector. |
| Spain | Entry-level Auditor (Big 4) | 24,000 - 26,000 | Standardized across Big 4; smaller firms lower (~20,000). |
| DACH (Germany, Austria, Switzerland) | Entry-level (Big 4, likely consulting/accounting) | 55,000 - 60,000 | Comparable across firms; higher in Switzerland due to costs. |
| Europe-wide (FP&A/Finance Manager average) | Manager | ~75,700 (average) | Disparities: Higher in North/West Europe vs. South/East. |
France/Germany: Entry-level Big 4 often 40,000-50,000€, managers 60,000-80,000€ (based on general trends; specific 2025 data sparse). Netherlands: Similar to Belgium/DACH, with graduates ~35,000-45,000€.
Salaries have seen modest increases in 2025 due to inflation and talent shortages, but economic uncertainty may cap growth. For precise figures, consult firm career sites or recruiters, as they can fluctuate.
Big 4 Salary Guide in London/Europe
The Big 4 accounting firms—Deloitte, PwC, EY, and KPMG—offer competitive salaries that vary by role, experience, qualifications (e.g., ACA, ACCA), department (e.g., audit, tax, advisory), and location. London typically commands a premium due to higher living costs, often 10-20% above other UK regions. In Europe, salaries differ significantly by country, with Northern Europe (e.g., Germany, Netherlands) generally higher than Southern Europe (e.g., Spain). Data is drawn from 2025 sources and represents approximate ranges in GBP (£) for the UK and EUR (€) for Europe; actual pay depends on performance, bonuses (typically 5-20% of base), and benefits like pensions, health insurance, and study support. Bonuses are performance-based and more substantial at senior levels. Entry-level roles often include training contracts leading to qualifications after 3-5 years. UK (Focus on London) Salaries in London are higher than regional UK averages. Here's a breakdown by career level, aggregated across the Big 4 where possible. Figures are base salaries unless noted.
| Level | Description | London Salary Range (£) | UK Regional Range (£) | Notes |
| Graduate/Trainee (Entry-level) | Fresh graduates on training schemes (e.g., audit associate). | 28,000 - 35,000 | 25,000 - 32,000 | Includes study support; lower end for non-London. Bonuses minimal (0-5%). |
| Newly Qualified (Post-qualification, e.g., ACA/ACCA) | 0-2 years post-qualifying experience; roles like senior associate. | 45,000 - 65,000 | 40,000 - 55,000 | Jump after exams; bonuses up to 10%. |
| Manager | 3-6 years experience; team leadership in audit/tax. | 60,000 - 80,000 | 55,000 - 70,000 | Bonuses 10-15%; varies by firm (e.g., KPMG ~67,000 average). |
| Senior Manager | 7-10 years; oversight of projects/clients. | 70,000 - 100,000 | 65,000 - 90,000 | Bonuses 15-20%; EY/PwC often ~70,000 base. |
| Director/Partner | 10+ years; equity partners earn significantly more. | 100,000 - 160,000+ (directors); 150,000 - 300,000+ (partners) | 90,000 - 140,000+ (directors); 120,000 - 250,000+ (partners) | Profit-sharing for partners; averages vary by firm size/profitability. |
Deloitte: Graduates ~21,000-30,000; qualified >45,000. KPMG: Graduates ~34,500; qualified ~45,000; managers ~67,000. PwC: Graduates ~21,000; qualified ~45,000; senior managers up to 70,000. EY: Associates ~30,000-36,000 (first 3 years); assistant managers ~50,000; senior managers ~70,000.
Regional examples (from general accounting data, as proxies where Big 4-specific not available): Midlands finance managers 60,000-70,000; North CFOs 125,000-200,000. Europe (Selected Countries) Data for Europe is more fragmented, with Big 4 salaries often aligned to local markets. Northern Europe offers higher pay due to stronger economies. Figures are annual gross base salaries; taxes and benefits vary (e.g., meal vouchers in Belgium). Bonuses are similar to UK (5-20%).
| Country/Region | Level | Salary Range (€) | Notes |
| Belgium | Junior/Graduate Accountant | 26,400 - 33,600 | High demand; includes benefits like insurance. |
| Belgium | General Ledger Accountant (3-6 years) | 36,000 - 49,200 | Team leaders up to 80,400. |
| Belgium | Accounting Manager (7+ years) | 72,000 - 105,600+ | Varies by experience/sector. |
| Spain | Entry-level Auditor (Big 4) | 24,000 - 26,000 | Standardized across Big 4; smaller firms lower (~20,000). |
| DACH (Germany, Austria, Switzerland) | Entry-level (Big 4, likely consulting/accounting) | 55,000 - 60,000 | Comparable across firms; higher in Switzerland due to costs. |
| Europe-wide (FP&A/Finance Manager average) | Manager | ~75,700 (average) | Disparities: Higher in North/West Europe vs. South/East. |
France/Germany: Entry-level Big 4 often 40,000-50,000€, managers 60,000-80,000€ (based on general trends; specific 2025 data sparse). Netherlands: Similar to Belgium/DACH, with graduates ~35,000-45,000€.
Salaries have seen modest increases in 2025 due to inflation and talent shortages, but economic uncertainty may cap growth. For precise figures, consult firm career sites or recruiters, as they can fluctuate.
