Sky News has learnt that the big four accountancy group briefed the 950 members of its top executive tier this week that it made average profit-per-partner of £920,000 in 2021-22 – up about 15% on the previous year’s figure.
In addition to that £920,000 figure, UK partners will share a previously disclosed average windfall of about £100,000 generated by the sale of PwC’s global mobility services business.
The bumper payouts will underline the extent to which firms such as PwC have enjoyed a financially stellar pandemic, with its consulting arm buoyed by government and private sector client demand.