Can you please tell me if I am underpaid as a first year senior manager in core corporate tax making 160K in Michigan? How is it compare to big4/top 10? If you don’t mind can you please share your first year SM salary and when did you made SM? Thanks

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What firm? Big 4? That seems very fair. First year SM’s in Chicago are only make $150k - $164k and that’s a higher COL market

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$160K seems fair in Michigan. First year senior managers on the west coast are probably in the $180s-$190s, but there’s definitely a cost of labor difference.

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First year SM are at 200K in NYC, so I’d say 160ish in Midwest is plenty. That salary will go far there.

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That seems ok for Michigan

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I am not from Michigan

If you’re not big 4 or top 10 then I don’t think you’re underpaid. If you were, I would think $175k for first year SM in Michigan

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Yeah… my friend is big 10 and making 165 as a 3rd year SM in Pittsburgh… I don’t think you’re underpaid for the market.

The reason I think I am underpaid is you know the first year managers are making 125 to 135. With that I think the SM should be making at least 175 especially if you are making SM after 3 years of being manager but I could be totally wrong.

You’re assuming 10ish% increase every year? Doubtfully.

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I don’t think you’re underpaid. When I left CohnReznick about three years ago, the posted salary range for a senior tax manager in NYC was $160k - $240k. So you can draw your own conclusions from that. Three years ago and big range, but also VHCOL

You are not underpaid.

I am a second year SM in B4 tax at a low cost of labor city in the south and I am at $173. That was after a large raise this year. 160 is 3-4k more than I had at SM1.

What area is considered low cost of living?

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You’re not underpaid

That’s very fair

don’t believe the HRs flooding this post OP.

I’m def not HR lmao I would die 💀💀

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