KPMG UK's partners enjoyed an average payout of over $1 million for the year ending September 30, representing a 9% increase in compensation, despite revenue growth stagnating at just 1%. The firm experienced strong performance in its tax and legal divisions, but faced challenges with anticipated declines in demand, particularly within its advisory services. This success contrasts sharply with other Big Four firms, where partner pay has decreased. KPMG UK also reported an 11% rise in pre-tax profits, amidst broader industry challenges due to changing market conditions.
KPMG UK's partners received record pay despite a mere 1% increase in revenue, showcasing resilience in a challenging market and contrasted with declines at other Big Four firms.
KPMG UK's average partner payout rose 9% to around $1 million, attributed to growth in tax and legal services amidst a backdrop of depressed demand in consulting.
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