KPMG partners received a six-figure pay rise in 2021
KPMG partners were given a six-figure pay rise in 2021 despite regular criticism from regulators throughout the year.
KPMG’s 571 partners took home an average of £688,000, 20% more than the £572,000 received in 2020.
The figure marks their biggest annual payout since 2014, although it remains lower than partners employed at Deloitte, EY and PWC.
KPMG’s full-year results revealed that other staff employed by the Big Four firm shared a bonus pool of £100 million.
Jon Holt, chief executive of KPMG said he was “immensely proud of” KPMG staff, adding that over the past year they had “delivered outstanding work for our clients, while supporting each other and playing a huge role in their local communities.”
Scottish Financial News reported KPMG’s 2021 results yesterday.