PracticeAccounting FirmsPwC partners make £757,000 each

PwC partners make £757,000 each

UK partners at Big Four firm earn a six percent pay rise on last year

The latest annual results for PwC
revealed that its 822 UK partners take home an average of £757,000 each – a 6%
rise on the previous year’s payout.

Kieran
Poynter
, PwC’s UK chairman, received the largest profit payout of £2.8m with
other execs also taking home seven-figures salaries.

This follows the firm turnover growing 6% to £2.1bn with underlying profits
of £631m, up 11% on a year ago.

The pay out to PwC partners were trumped by rival Deloitte, which last month
revealed a 15% increase in average profit per partner to £877,000 on the back of
a similar jump in revenues to £1.8bn.

Further reading:

The Top 50 financial power list 2007

Poynter takes home a packet

Bailey to head up indirect tax at PwC

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