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I need it until the end of the day. Tks
Should I brushing up my resume?
Trend after FY is over😅
Happy Republic Day 😊
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Anyone work or has worked at MGO?
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I miss BNA 🥺
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Each company is different. But generally the higher you go up in public then you may need to take a paycut to leave in the short term. At my company I know the tax director total comp is 400k so it will vary by company.
Yeah it is tough but check other compensation and benefits first and see if those makes sense. I work for a publicly traded company and bonus and stock at year end total is 40% of my base, but they give stock throughout the years also so some years it is 50 60%. They also do HSA, family insurance, 401k safe harbor etc. Base might not be what you want, but add everything and see if the total isnt too far off. Plus if you can relocate how much you can save etc.
Echo this. I’m at year 4 at my public company in industry and with annual equity grants mounting on top of each other (they vest over 4 years) and the increase in stock price, my equity compensation surpassed my base in 2025. Bonus is about 20% at my company at the director level.
Are you making 350kish as a tax director in public accounting?
Yes I sign returns. I bring in work from existing clients (I am in salt].
...continue
I don't mind longer hours so work/life balance is not so important.
Some questions for anyone whose made the switch:
1) do you get bored at work (not seeing tax issues from a diverse client base/Industry perspective)?
2) is it a good idea to take a big paycut? I still have debts so money is more important than hours/work-life balance.
3) Any idea why Industry pays so little? The job i am considering applying for does require 15+ years of experience so a maximum salary of low 200s seems very low to me. The primary location of the company is considered HCOL but the posting indicates the job can be remote. Should I expect bonuses/stock incentives to be substantial? I guess I don't see how they can be competitive if public is paying so much more.
Subject Expert
Negotiate some protection if they get acquired within your first 2-3 years. Start accumulating stock through options so if they get acquired after your protection ends at least you get the merger bump in the stock.
Check out the CFO. Good guy (gal) or bad guy. Have they had multiple tax directors quit?
Who are the key tax dept staff and are they locked up? If multiple people quit right away will you end up prepping the provision yourself?
Will you be responsible for payroll tax (this is very bad) or 50 states sales and use and unclaimed property tax? What about information reporting?
I worked more in industry that i ever did in B4. Use caution.
I would be careful around "remote". Majority of our clients have issued RTO mandates and there is little flexibility there.