Am in London. . It's a great salary for manager, which usually caps in the 70-75 range but averages 60-68. The average salary for a Senior Manager is $118,963 per year in United States, which is 26% lower than the average EY salary of $161,880 per year for this job. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Consulting Manager salaries - 6 salaries reported, Manager - Consulting salaries - 4 salaries reported, Management Consulting Manager salaries - 3 salaries reported, Management Consulting Senior Consultant salaries - 3 salaries reported, Consulting Senior Manager salaries - 3 salaries reported, Technology Consulting Senior Manager salaries - 2 salaries reported, Consulting Senior Consultant salaries - 1 salaries reported, Management Consulting Associate salaries - 1 salaries reported, Technology Consulting salaries - 1 salaries reported, Senior Manager Consulting salaries - 1 salaries reported, Consulting Manager salaries - 1 salaries reported, Senior Manager, Management Consulting salaries - 1 salaries reported, Consulting Support Analyst salaries - 1 salaries reported, Consulting salaries - 1 salaries reported. The community relies on everyone sharing. Sign In. WA. The community relies on everyone sharing. Companies. excuses voor het ongemak. While that's not exactly on a par with the amount investment banks pay their top staff (their 'material risk takers'), it's not bad, either. Not all firms have implemented increases though. Our model gets smarter over time as more people share salaries on Glassdoor. verdade. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. an. Here is a breakdown of it: These tables and figures provided are courtesy of mconsultingprep.com. Companies. Contribute Audit Senior 366 Salaries submitted 47,049 46,470 | 800 40K The average EY salary ranges from approximately 20,928 per year for a Trainee Associate to 267,975 per year for a Partner. We will dive deep within each level and structure so you can know the transparency of each pay structure. Senior Manager. The Average Delivery Manager salary in London is 80,571. , #ThatsWhyEY, The average EY salary ranges from approximately 20,928 per year for, Get started with your Free Employer Profile, Senior Manager Advisory salaries - 1 salaries reported, Advisory Services Manager salaries - 1 salaries reported, Advisory Manager salaries - 1 salaries reported, Manager - Advisory salaries - 1 salaries reported, Transaction Advisory Services Staff salaries - 1 salaries reported, Senior Associate - Advisory salaries - 1 salaries reported, Risk Advisory salaries - 1 salaries reported, EY Advisory salaries - 1 salaries reported. Salaries posted anonymously by EY employees. It is the third largest professional services firm in the world by aggregated revenue, after PwC and Deloitte, and is a member of the Big Four. The estimated base pay is $145,215 per year. I feel good about the salary I make, work I do, and where Im at in my career. WA. We have a database of 100+ companies that are ready to hire on a 4 day work week. Please help us protect Glassdoor by verifying that you're a Based on 95942 salaries posted anonymously by EY Senior Manager Consulting employees in London. My personal life also has a ton of fulfillment and truly makes me so happy. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. MA. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Total Pay. #LGBTplusHM #ProudToBelong #BetterWorkingWorld, Is what youre doing still doing it for you? #ThatsWhyEY, Get started with your Free Employer Profile, average salary for a Senior is 45,191 per year in United Kingdom, The Ultimate Job Interview Preparation Guide. The national average salary for a Senior Manager is 79,419 in United Kingdom. Ernst & Young, also known as EY, is a multinational professional services firm headquartered in London, United Kingdom. , 165% more than the average Assistant Manager Salary in India View more details. A free inside look at EY salary trends based on 95942 salaries wages for 3 jobs at EY. Filter by location to see a Senior Manager salaries in your area. Starting with three years as an associate until fully qualified on a salary rising from 30,000 to 36,000 in the third year, the next step is to become an accountant or an assistant manager. The roles and positions that were stated above are only the most popular. Only after gaining about 1-2 years of experience as an Associate one get promoted to the position of the Senior Associate. Many studies have shown this. State sponsored health insurance also addition from pension service provider, We bring extraordinary people, like you, together to build a better working world. I got a feedback from the hiring manager and HR that 70k is at the top of the range and they cant go higher than the bandings for this role. The average salary for a Senior is 45,191 per year in United Kingdom, which is 8% lower than the average EY salary of 49,611 per year for this job. . GBP 96,253/ yr Base Pay. I feel good about the salary I make, work I do, and where Im at in my career. There are reported to be 71 different EY Salaries. Si continas recibiendo este mensaje, infrmanos del problema The average EY salary ranges from approximately 21,205 per year for Apprentice to 40,000 per year for Auditor. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 50,013 look to you? Black history is American history. It has 270,000 employees in over 700 offices around 150 countries in the world. Salaries. Jobs. The lowest-paying job at EY is a Customer Service Representative with a salary of $49,557 per year. los inconvenientes que esto te pueda causar. EY - Lead/Senior Manager - Financial Crime Operations Delivery (14-16 yrs . Pros Cons Was this review helpful? This employer has claimed their Employer Profile and is engaged in the Glassdoor community. EY is one of the largest professional services firms in the world and is one of the "Big Four" accounting firms. The typical EY Senior salary is 49,611 per year. . Compensation data tools, salary structures, surveys and benchmarks. message, contactez-nous l'adresse We bring extraordinary people, like you, together to build a better working world. How much do EY employees make? .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. I feel like Im falling behind. Here is a breakdown of it: The approximate total salary for Advisory Staff is $80,000. Ernst & Young (doing business as EY) is a multinational professional services firm headquartered in London, England, United Kingdom. Salaries estimates are based on 911 salaries submitted anonymously to . This employer has claimed their Employer Profile and is engaged in the Glassdoor community. That being said, I have a high school classmate and close friend who was in IB and just started his own hedge fund type of business after leaving his big bank job. Salary: Competitive. Sign In. The average EY salary ranges from approximately $49,557 per year for a Customer Service Representative to $376,394 per year for a Managing Director. Know Your Worth. Location: London Other locations: Primary Location Only Salary: Competitive Date: 20-Feb-2023 Job description Requisition ID: 9023 This is a high profile role working with some of the world's largest companies and offers an exciting opportunity to gain exposure to the dynamic world of international capital markets. If you continue to see this Here is a breakdown of it: The approximate total salary for Tax Senior is $92,000. Contract (62) Full-time (41) Here is a breakdown of it: Many positions are umbrellaed under the Assurance name such as Forensic, Accounting, Audit, and Integrity. When employees were asked about their compensation, they felt that their salaries were very competitive for the market that they were in. This Black History Month we celebrate the changemakers of the past and support those of the future. IL. To get more detailed, we will lay out a table below that goes over the salary averages by the department at Ernst and Young. This Black History Month we celebrate the changemakers of the past and support those of the future. Help make it more accurate by, Get started with your Free Employer Profile, average salary for a Senior Manager is $118,963 per year in United States, The Ultimate Job Interview Preparation Guide. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Senior Manager. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie It provides assurance (including financial audit), tax, consulting and advisory services to companies. Here is a breakdown of it: Senior Consultant Pay Structure: The approximate total salary for a Senior Consultant is $105,000. What is the salary band for Senior 3 in Business Consulting (IA COE) at EY GDS India? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Are EY salaries that good? The estimated additional pay is $16,665 per year. I'm a head of talent for Big 4 accounting firm EY. We bring extraordinary people, like you, together to build a better working world. It is also considered one of the Big 4 consulting firms, alongside: - Deloitte- Ernst & Young (EY)- PricewaterhouseCoopers (PwC)- Klynveld Peat Marwick Goerdeler (KPMG). Disculpa Onze Jobs. Manager yearly salaries in London at EY Job Title Manager Location London Average salary $80,000 per year 30% Above national average Salary estimated from 1 employee, user, and past and present job advertisement on Indeed in the past 36 months. The estimated total pay for a Senior Manager at EY is 96,374 per year. Compare all Manager salaries in London Common benefits at EY Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What is the salary trajectory for a Senior Manager? Thanks in advance for your response. Salary: Competitive. . an. Hi all, what is the average salary for a Senior Consultant at Deloitte UK and EY UK (London based). He also harnesses this passion within his day-to-day role, helping his team and clients accelerate their diversity, equity and inclusion initiatives. Job Description The Senior Manager of Program Implementation and Integration is responsible for effectively integrating new contracts and programming into service delivery within the Coordinated CARGO-Therapeutics - San Mateo Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role, Meet Dillon (he/him), a graduate consultant within our People Advisory Services team Aydanos a proteger Glassdoor verificando que eres una persona real. message, please email Contribute Consultant 36,056/yr Avg. Dillon is passionate about creating a culture of inclusion and belonging and is an active member of EYs Mixed Heritage Community and LGBTQ+ Network. Position Title: SR Manager, USDA Program Position Location: Remote; Chicago-based Preferred Position Type: Full-time Classification: Exempt Salary Grade: 9 Reports To: Director, USDA Program Original ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 18 days ago, Blue Origin - Seattle Down below you will find a table with some of the other roles within Ernst and Young. Based on 5 salaries posted anonymously by EY Human Resources Manager employees in London, ON. Here is also another table that shows compensation averages at the company: When you look further into what makes up the compensation plan at EY, you see that there is a lot more than justthe salary. Meet Dillon (he/him), a graduate consultant within our People Advisory Services team Here are the qualities I look for in candidates and how to showcase them in interviews. Here is a breakdown of it: The approximate total salary for Audit Senior Staff is $82,000. The opportunity As a Senior Manager you will be an influential member of our FS Technology Risk team and you will have the opportunity to work on a range of IT Consulting and Assurance projects, including IT External Audit Support (known in EY as FAIT or . Company reviews. Senior Manager Pay Structure: The approximate total salary for a Senior Manager is $200,000. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The median total compensation package for a Senior Manager at Ernst and Young is $261,467. 10 4Y EY 6 These roles reside in Core Business Services (CBS). EY's almost 17,000 salaried employees shared an 83m bonus pool, including a one-off payment for their work during the pandemic. Here are the qualities I look for in candidates and how to showcase them in interviews. enva un correo electrnico a That being said, I have a high school classmate and close friend who was in IB and just started his own hedge fund type of business after leaving his big bank job. On Fishbowl, you can share insights and advice anonymously with EY employees and get real answers from people on the inside. om ons te informeren over dit probleem. EY employees rate the overall compensation and benefits package 3.7/5 stars. This Black History Month we celebrate the changemakers of the past and support those of the future. Im 24 and just started my career at EY as a consultant. Lets pay it forward! The average EY hourly pay ranges from approximately $24 per hour for a Customer Service Representative to $167 per hour for an Executive Director. Senior Managers earn up to 70,000 a year, with some performance-based incentives. Senior salaries at EY can range from 28,124 - 82,237 per year. Average salary for EY Senior Advisory Manager in London: [salary]. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $129,601 to $172,200 with the average total cash compensation of $148,587. New jobs added in the last day. Sign in. The Senior Project Manager, under the direction of the Sr Manager, Project Management Office (PMO), is responsible for providing management and support for project development and implementation Be the first to add EY (Ernst & Young) Senior Manager responsibilities. In 2018/19 partners at Deloitte got paid an annual salary of 882k ($1.5m), PWC partners got 765k ($1m) each, partners at EY got 679k and partners at KPMG (which is cutting costs) got 640k. What is the best thing a candidate can do during a job interview? Our model gets smarter over time as more people share salaries on Glassdoor. is a multinational professional services firm headquartered in London, England, United Kingdom. I am a Senior 2 with 4.6 YOE in Internal Audit. Hello Everyone! Se continui a visualizzare Requisition ID: 464123 At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the . .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. real person. Please enable Cookies and reload the page. The base salary for Senior Manager in companies like EY (Ernst & Young) range from $120,317 to $152,281 with the average base salary of $135,308. The estimated total pay for a Senior Manager at EY is $161,880 per year. My personal life also has a ton of fulfillment and truly makes me so happy. Know Your Worth. Hes probably going to end up a millionaire fast. las molestias. Get a free, personalized salary estimate based on today's job market. Averages based on self-reported salaries. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Get a free, personalized salary estimate based on today's job market. Senior Tax Manager salaries at EY can range from 60,608 - 866,633 per year. Based on 29 salaries posted anonymously by EY Senior Manager Consulting employees in London, ON. Your input helps Glassdoor refine our pay estimates over time. Associate Consultant Pay Structure: The total salary for an Associate Consultant is 83,300. Wir entschuldigen uns fr die Umstnde. EY - Assistant Manager/Manager/Senior Manager - Audit & Assurance (1-10 yrs) Delhi Ncr, Gurgaon/Gurugram. Ci A 4,000 annual salary increase from 30,000 in the first year to around 34,000 in the second year represents a 13% increase. , Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.1. The average salary for a Senior Manager is $119,005 per year in United States, which is 26% lower than the average EY salary of $161,880 per year for this job. Senior salaries at EY can range from 28,124 - 82,237 per year. 4 Like 17 Comments Shares 2 2Y Deloitte 1 Coach Deloitte senior consultant is equivalent to EY manager. To better understand the salary structure, before making a decision, we will dive deep into all of the information you must know before applying for a job at EY. los inconvenientes que esto te pueda causar. Ci The lowest salary for a Senior Manager in United Kingdom is 51,594 per year. The average EY salary ranges from approximately $49,557 per year for, EY employees attributed a compensation and benefits rating of 3.7/5 stars to their company. Cyber Security (Senior-) Manager Location: Zurich Other locations: Anywhere in Country Salary: Competitive Date: 31-Jul-2022 Job description Requisition ID: 33001 At EY, you will have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. POSITION SUMMARY Reporting to the Director of Strategic Operations Programs, CARGO Therapeutics (CARGO) is hiring a Senior Manager/Associate Director* of PM within the General and Administrative ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 23 days ago, Welch's - Concord Average salary for EY Internal Audit Senior Manager in Millbrae, CA: [salary]. Senior 1 -> Senior 1 (started in Feb) Above peers $95,000 -> $108,000 (14.26%) $4,750 PBB, was told it would be higher had they not given me signing bonus in Feb ($5,000) Overall really pleased 1 [deleted] 2 yr. ago 1 omibunsaro 2 yr. ago West - Bay Area Assurance Staff 2 > Senior 1 Met $70K > $92K $5K Hes probably going to end up a millionaire fast. Average salary for EY Human Resources Manager in London, ON: [salary]. Start your search today by browsing our 4 day week jobs. Senior Manager 99,107/yr Avg. Here is a breakdown of it: The approximate total salary for Tax Staff 1-2 is $67,000. Senior Manager, Operational Technology, London Location: London Other locations: Primary Location Only Salary: Competitive Date: Feb 4, 2023 Job description Requisition ID: 365141 Senior Manager, Operational technology (OT) Cybersecurity and its related challenges are a rapidly growing field. Im 24 and just started my career at EY as a consultant. PwC Tax Manager salary London, UK - Relocated to London and have been offered 70k GBP for a Tax Manager role, which is significantly lower than what i was making in the exact same role before. Hes probably going to end up a millionaire fast. Because not all of the compensation is paid at the same time. The average EY salary ranges from approximately $49,557 per year for, EY employees attributed a compensation and benefits rating of 3.7/5 stars to their company. Additional pay could include bonus, stock, commission, profit sharing or tips. Explore more on salary insights by experience and location. Companies. Very stressful environment and you can expect to be working well beyond your contracted hours every day. This estimate is based upon 11 EY Senior Tax Manager salary report(s) provided by employees or estimated based upon statistical methods. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Senior Consultant salaries - 879 salaries reported, Senior Manager salaries - 429 salaries reported, Audit Senior salaries - 366 salaries reported, Consultant salaries - 354 salaries reported, Associate salaries - 354 salaries reported, Senior Associate salaries - 243 salaries reported, Assistant Manager salaries - 198 salaries reported, Audit Associate salaries - 197 salaries reported, Director salaries - 191 salaries reported, Audit Manager salaries - 158 salaries reported, Assistant Tax Advisor salaries - 158 salaries reported, Executive salaries - 155 salaries reported, Assurance Associate salaries - 143 salaries reported, Assistant Director salaries - 105 salaries reported, Associate Director salaries - 96 salaries reported, Tax Advisor salaries - 91 salaries reported. Here is a breakdown of it: The approximate total salary for an Audit Manager is $116,000. I'm a head of talent for Big 4 accounting firm EY. Senior Manager Salaries in United Kingdom Updated 18 Dec 2022 Very High Confidence 79,419 /yr Average Base Pay 9,114 salaries 52K Low 79K Average 122K High Additional Cash Compensation Average : 11,008 Range : 3,359 - 36,069 How much does a Senior Manager make? The lowest-paying job at EY is a Trainee Associate with a salary of 20,928 per year. part of Advisory within EY UK. ein Mensch und keine Maschine sind. Search. Hello Everyone! excuses voor het ongemak. Your input helps Glassdoor refine our pay estimates over time. What is the best thing a candidate can do during a job interview? Upload your CV. Salaries. This estimate is based upon 56 EY Senior salary report (s) provided by employees or estimated based upon statistical methods. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. We bring extraordinary people, like you, together to build a better working world. Read more from, Senior Manager Capital Construction Washington State, Senior Manager, Program Implementation and Integration, SENIOR MANAGER/ASSOCIATE DIRECTOR* OF PROJECT MANAGEMENT (PM), Senior Manager - IT Transformation Office, Senior Project Manager / Job Req 570694179, EY (Ernst & Young) Senior Manager Salaries with an Associate's Degree, EY (Ernst & Young) Senior Manager Salaries with a Bachelor's Degree, EY (Ernst & Young) Senior Manager Salaries with a Master's Degree or MBA, EY (Ernst & Young) Senior Manager Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. Learn how this feature works. Salary estimates are based on 9,622 salaries submitted anonymously to Glassdoor by Senior Manager employees. Skip to main content. The community relies on everyone sharing. The community relies on everyone sharing. We are sorry for the inconvenience. This can take a toll on your eyes and your posture. Is 110-115k a fair ask for a senior consultant role at big 4 in Canada? Bonuses also start to vary, and at this position, profit share opens up as compensation in the US. For a career with purpose, in a culture that empowers. Nous sommes dsols pour la gne occasionne. On top of this, most jobs that you will find will be remote. If you continue to see this 335 employees felt that their salaries were superior compared to other companies in the same industry. naar Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. The highest-paying job at EY is a Managing Director with a salary of $376,394 per year. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. enviando un correo electrnico a Caso continue recebendo esta mensagem, The highest-paying job at EY is a Partner with a salary of 267,975 per year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Apply to Senior Manager Ey jobs now hiring on Indeed.com, the worlds largest job site. The average salary for Senior Manager at companies like EY (Ernst & Young) in the United States is $135,308 as of February 27, 2023, but the salary range typically falls between $120,317 and $152,281. ein Mensch und keine Maschine sind. Total Pay 95,940/yr Base Pay 5,267/yr Additional Pay Based on 381 SalariesFull Pay Details See salaries from all locations Add your salary. Were unicorn makers and bot builders. When factoring in bonuses and additional compensation, a Senior at EY can expect to make an average total pay of 50,013 per year. Sign In. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The average EY salary ranges from approximately $49,557 per year for a Customer Service Representative to $376,394 per year for a Managing Director. Salaries. Based on 32 salaries posted anonymously by EY Senior Performance Improvement Manager employees in Elmwood Park, NJ. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Our model gets smarter over time as more people share salaries on Glassdoor. Based on 95942 salaries posted anonymously by EY Senior Experience Designer employees in London. As a senior manager, I don't even make that. The highest-paying job at EY is a Managing Director with a salary of $376,394 per year. The highest salary for a Senior Manager in United Kingdom is 121,459 per year. This Black History Month we celebrate the changemakers of the past and support those of the future. Thats why, EY. Please enable Cookies and reload the page. Long hours Associate = staff Senior Associate = senior Assistant Director = manager Associate Director = SM Director = PPEDD (the last D = Director) It is possible for Directors to become PP, but it's very rare. Lamentamos pelo inconveniente. We are here to change that for good. , Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. What is the salary band for Senior 3 in Business Consulting (IA COE) at EY GDS India? Bearing in mind you don't have healthcare costs etc here it's doable in London. Help make it more accurate by adding yours. How much does a Senior Manager make? para nos informar sobre o problema. KPMG UK Reviews 4.2 9 Reviews View all . message, contactez-nous l'adresse Total Pay 36,029/yr Base Pay 560/yr Additional Pay Based on 326 SalariesFull Pay Details per informarci del problema. Now she got a 15% hike with 10% bonus. EY Salaries trends. Date: Jan 22, 2023 Job description. I am a Senior 2 with 4.6 YOE in Internal Audit. Si continas viendo este mensaje, The company is enormous and has various other roles and positions. The estimated total pay for a EY Senior Manager is 85,126 per year in the London, United Kingdom area, with an average salary of 74,837 per year. EY Americas Vice Chair of Talent Ginnie Carlier shares her insights via Business Insider. to let us know you're having trouble. Here are the qualities I look for in candidates and how to showcase them in interviews. An associate director with five years' post qualification experience on one advisory team at a Big Four firm in London is understood to have had a recent salary increase from 60k to 90k, plus a 20k bonus. London, England Accounting & Auditing 10k-50k Employees (India) IT Services & Consulting. Action for Healthy Kids Inc - Chicago 5,285/ yr Additional Pay. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Here are the qualities I look for in candidates and how to showcase them in interviews. Als u dit bericht blijft zien, stuur dan een e-mail per informarci del problema. Based on 10 salaries posted anonymously by EY Internal Audit Senior Manager employees in Millbrae, CA. Reporting to our Senior Director of IT Strategy, Planning ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 24 days ago, Alameda Alliance - Alameda That being said, I have a high school classmate and close friend who was in IB and just started his own hedge fund type of business after leaving his big bank job. How much do EY employees make? Most EY salary guides online are very vague and do not give you sufficient information. If you work in consultancy, tech or software, chances are You probably work countless hours in front of a computer. There are 7 major components that are structured in the compensation plan: It is a good idea to understand every part of the compensation and what they entail.