Am I underpaid or just at the median comp for my level?

Background:

Started new job as Senior Manager over a year ago after moving from public accounting. I was Manager 3 when I left. I would have been Senior Manager 2 by now if I stayed.


Comp: ~161K = 134K base + 20% bonus (bonus has been fully funded the past 5 years and I expect to hit or exceed consistently).

I'm primarily work on federal/foreign provision and tax compliance and assist with M&A related work. Based in Chicago.

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Seems low to me. A tax SM in public can make around 170+ without bonus. Depends on your credentials a bit.

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I’m about to be a SM and expect comp to be at 175k bare minimum with bump. Hoping for 185k

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Seems decent

That being said, if you’re doing a good amount of M&A work, you should pivot to a M&A group. You should be making significantly more there

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Yeah, I still think I will need a lot more experience before I feel comfortable enough to make a move like that.

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I make $150 TC as a senior 1 in a MM M&A Tax group.

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Thanks Deloitte 1 got that bit. Yes SM, chicago.

Can anyone confirm what bonuses are like these days for Senior Managers in big 4 audit/tax?

I know they're generally smaller than industry, but does typically stay in a certain range of %?

Base seems low for a SM. My base is 135k as a M3 in midsize firm. My bonus is not that great however, $10k

I'm VLCOL SM in industry doing similar work as you with similar pay. Remote.

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