The UK minimum wage is currently £10.42 ($12.64) an hour. Sign-up here to receive our student newsletter It sent him £100 for the inconvenience and promised to make up the difference. After looking back through its timesheet data and considering his 'flexible benefit choices,' Grant Thornton said it had realised that he'd earned less than the minimum wage for the time he'd spent there. A letter he received from the firm nearly 12 months said he'd been underpaid. The ex-audit associate left Grant Thornton because he was burnt out by his personal life. He worked there for just over a year, auditing investment banks. One recent graduate's experience highlights why this may not be optimal.Ī University of Manchester economics graduate, joined KPMG as an audit associate in four years ago. If you can't get a graduate job in an investment bank, it may be tempting to apply for a graduate job at an accounting firm instead.