Are Big 4 tax SM1's really starting at 180? Im at 145k as a B4 SM1 (indirect tax) in a MCOL mid market city (with no state income tax). Can someone tell me if I'm underpaid or is indirect tax just not a lucrative SSL?

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I think underpaid a little in this market. I got a healthy raise moving from one large firm to another. Dm me if any questions

helpful

Just sent you a Dm

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145 might be on the lower end of the scale but certainly reasonable. 180 is also reasonable. I was a SM1 at 180 a couple years back.

likehelpfulfunny

Yes. I was speciality. Probably MCOL.

And yes a big swing for regular tax. I’d expect regular tax now to be somewhere in the 140-160 range.

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Sounds like HCOL, I’m in MCOL and I know audit SM are capped at 150k

likehelpfulfunny

Lol no.. Audit SMs are not capped at 150.

Yes $145k is low. I’m $155k as an M2 in MCOL tax. I expect to be $190k-$200k when I become SM for FY24.

likehelpful

Are you in tax or audit? You must be an outlier, have a JD or in specialty

I’m at 180 as a tax SM2. I was 145 as a SM 1 but that was during the covid year when we didn’t really get raises. So 145 now is probably low.

helpful

Can you specify COL and region(or market size)?

SM1 (w/ CPA and JD) - $130K (plus got the 5% raise in January so at about $137K). Hoping for, but not expecting, a big raise on Wednesday.

helpful

Major city! you need to find a new firm. Their comp equity processes have left you behind significantly and they clearly don’t care to fix it and even if they due that won’t truly fix it, they will just raise you up by 20k and you will still be 30k short from where you should be

Sounds about right. I’m in tax in MCOL. I forgot what my first year salary was (Covid year) but second year was $158k, third year is $183k. I’m assuming fourth year will be anywhere from $200-210k

helpful

Agree...I'm amazed that supposedly there are homegrown SM1s/SM2s in non-specialty tax getting 180k+ bases. I even compared with my SSL peers on big4transparency's spreadsheet and they are all within the same pay band as me regardless of COL/region. So what is the disconnect here?

Also - some senior managers in national pull more than 250.

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Absolutely. Skillset, JD/LLM, and enough years of experience and 250 is within range.

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I am with Top 200 regional firm non specialty. LCOL - 145k for first year SM with 18k bonus

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Top 100 regional firm, MCOL, $175k + 15k bonus as sm2. Sm1 was $145k with $12k bonus.

I could definitely see hcol big4 sm1 being around $180k, seems realistic to me.

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I’m a first year sm in tax and I make 157k hcol

I’m an SM1 (jump firms in June) and I make $200k in specialty tax

International or m&a?

I feel I know the city you work in, all salary for this city are low, federal, state, IT. Even though they say dramatic growth each year.

Tax SM here making $170K in MCOL (Midwest, not Chicago).

First year SM here making base 180 after jumping ship dm me for a referral 😊

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