Anyone else feel like industry is less attractive than it used to be? With recent pay raises the comp isn’t as competitive and I’m finding that a lot of places are just as understaffed as public.

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Pwc has priced me out of industry. I’m at 117k in lcol as an s1 with 1.5 yoe. There is absolutely no place around that will give me even a 20% bump for my experience

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Hours aren’t bad at all, I’d say most weeks 40-45. Obviously when it’s close to finishing a project/filing things will get ramped up but never worse than audit.

Industry seems like a place you go to just live a very cyclical life over and over

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Not my experience at all. Even though it’s what I wanted. I work on everything from TP to provisions. IP integration and FTC. M&A, MAPs, DST studies, and substance reviews. My role keeps changing and evolving so much so that I crave the repetition of PA core tax. I just can’t give up the higher pay and wlb.

Depends on what area of industry you're talking about. I recently moved from PA as an S2 to industry (haven't updated my title on here) and got a 20% bump plus 10% annual bonus, but I went into technical accounting which pays higher than general accounting and is imo way more interesting. Heard my firm bumped S2 up to where I'm at base, but I work far less hours and have way more flexibility in my new role so i don't regret it 🤷

Would have never left audit for a senior accountant role though, 100% not worth it unless you really hate audit (I didn't, just had a great opportunity fall in my lap).

I can confirm. Industry will still work you. But I think you have a much stronger chance of automating and getting good at your role quicker than in public. That’s whats giving me hope.

If industry paid better I might be willing to take that bet.

I'm priced out of most industry jobs after the most recent comp cycle. HCOL. I make over $230k as a director. Industry jobs I was applying for as a manager topped out at $160k for non-exec levels, so with another pending comp cycle in a few months, it makes it even harder to leave. Well played B4...

Why would you apply for manager roles as a director?

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