Did you take a pay cut with your new role? If so, how much? I really don't mind losing out on a bit of cash for a year or two for a job that doesn't run my life, I'm just not sure what to expect.

Post Photo
likefunny
Posting as :
works at
You are currently posting as works at

I took a ~7k annual pay cut which ends up being a $300/paycheck deduction after taxes. Left public for a fully remote role and a step down in title. Work like 2-3 hours a day, chill goldmine, industry accounting job.

I have no desire to move up the ladder and can now have hobbies and focus on passions/things I care about. I feel significantly overpaid for the work I do. You just have to try it and see. Was not expecting this job to be this good

like

No, applied through LinkedIn

No, 30% and 50% raise in my last 2 moves.

likefunny

I'm going to be taking a 10% cut soon to be working a job that gets me outdoors every day. Less money but improved quality of life :)

like

Not sure what there is to explain, I don't like accounting and Im going to start doing something in a different field

I have done it in the past and will most likely do it next year to go to another branch of accounting. Currently in fund accounting, pay is good but the job makes me miserable. If it wasn't this repetitive I would stay because you can definitely make a ton of money if you continue going up the ladder but I don't see myself doing this for 25 more years. Hell no.

like

Try going in house to a fund.
All my fund accounting buddies are happier when they left third party administrators

I took a pay cut once and really regretted it. Another time I took a lateral job that kept me at the same pay and it really worked out for me. I’ve gotten steady increases there and it has been a 31% increase since I started working here in late 2021. Granted there was a promo to M and inflation adjustments but it’s been life changing.

It can go either way.

like

Nope, Mine was just about even salary-wise, but the benefits weren't quite as good. You definitely shouldn't feel like you need to take a pay cut, but willing to take one obviously opens up more doors for what you can do next.

I took a small dip in salary but a bonus (in writing) that brought me to where i was in my previous role.

Don’t take a pay cut when you move. These days the only way to get decent raises is from moving companies/jobs!

I took a pay cut one time in my career I was switching from a bank operations role to go be a staff accountant in public accounting.

I was a single no kid 26 years old and took a 20% pay cut which was 15k at the time. I’d say I slightly regret it. I’m extremely happy with the role and salary I have now, but that took a solid 5 years of grinding , job hopping etc the role I have now.

As a 32 year old with a mortgage I’ll never do it again - take a pay cut of any kind :)

Misery pain and stress that's what you can expect..

Related Posts

Hi Fishes,

Please tell me the in hand salary for below break up..

Post Photo
like

I have a little over a year of experience as a Partner Success Manager at a Tech company. My company is looking to do salary negotiations this year. When I started out, my base was 70k plus commission of 10k minimum extra. Curious to know what others are making as a PSM and also looking for other opportunities!

like
like
like
like
like

Guys... is this right time to switch for hike? I have heard we have ongoing recession in IT.

like

Hi guys what is the expected from CTC for 4 years experience in .net + react js

S&P Global Can anyone share what package is offered for Data Resercher 1/2/3 or Data Analyst Post ? S&P Global
Grade 7
Fresher

like

Hi. One of my friend got an offer from hexaware for Siam role. how about job security and increment.

like

Associate at McK; made ~$220K cash TC (maybe 260k or so in 22).

Curious what roles in FAANG will allow me to maintain comp and work chill hours?

I have a STEM undergrad and 5 years of non consulting work experience. Very good at numbers, strong communication skills, decent at coding (but I don’t want to be a SWE or DS).

like

Joined Ericsson a year ago. Learned new things but not enough. Thinking of leaving it and join some other org. What do you think? I wanted some on-site opportunities but so far nothing.
I know the raise will be in between 5-10%. But the part I missed the most is learning. I can use their portal but that is all theory and can’t do much if they don’t provide the time for it .
Let me know in comments.

like

Hi guys,

What is average yearly increment in Persistent?

Hi Folks, In terms of position level “Business Strategy Manager” at Accenture Startegy Consulting equates to what role at Deloitte Consulting?

And anyone know the range for Business Strategy Manager in Toronto? Thank you!! 😊

like

VENT: I feel completely demotivated after our new FOW announcement and it gave me whiplash. Working here has been a dream, so it feels weirdly hurtful to be publicly celebrated as part of the “expanded talent pool” in announcements, but be told privately that my return to the office will be accompanied by a massive pay cut because of where I live. I didn’t choose to live here/move, the company chose ME where I’m at. I feel like I don’t belong because everyone else seems happy with this.

like

Hi Guys,for 8 yrs of experience as a HR how much salary hike one can get...my current CTC is 8.8LPA and have an offer of 11.5LPA ..is this a decent hike as I was expecting a bit more

like

Hi,can someone help me in this . What is going to be the in hand monthly salary after all deductions?Tia!!

Post Photo
like

Curious to know if anyone has switched from audit to consulting at big 4 and if they did it without a CPA? Also pay range after about 4 years in audit moving into consulting?

likefunny

I have offers from

TCS x lpa
Citiustech x +1 lpa
Legato X + 4 LPA
Wipro X+1 lpa + 2 JB

Tcs is ba in energy domain
Rest all healthcare

Which is the best company overall ?

YOE 10 : As a Product owner / BA / Functional consultant
Domains worked : Workforce Management, Healthcare

like

Got an offer from a startup for 19.5LPA.
Its base is 15L, and I'll be getting 124800 in-hand.

I have 3.5 yoe in typescript/react/NEXTjs fullstack. Out of which only 10 months are on a full time role, rest of time was freelancing.
I am also an open source contributor for some NEXTjs related tooling.

Is this a good offer?

like

More Posts

like

What laptop brand does your firm provide?

like

My international flight got cancel. They did not send email so everyone found out at the airport. I even spent 50$ in Uber coming to the airport and they say only solution is to rebook us tomorrow. What’s the best way to go about it to get best compensation for all the inconvenience? (Tap air)

like

How much does a mid weight visual designer typically make at an agency? Less than 80k?

like

What will be in hand?
Please help

Post Photo
like

Hi All,
Just want your suggestion on this to help me decide.
I've been working in QA team for big data project and recently I've got offers from Startup and service based MNC as data engineer for the role of Data Engineer.
I've not worked on the actual development of ETL batches till now but I want to learn and grow gradually.

What kind of organisation would be best for me considering my mental health as well because I take too much stress ?

Thanks 🙏

like

Comcast Hi all, comcast offering 19lpa ctc for 7 yoe , tech stack qa automation. This includes 8% variable bonus pay. Negotiations done and they are not ready for further increase. Is this right pay considering market situation? Should i join because of good wlb ? Cctc 12.5

like

Hi! Currently interviewing for CPI. Would love to hear your interview process. Any tips would be appreciated. (Also, is CPI a good department to go into?)

Any job requirement in data analytics?

like

I’m shooting for the moon and applying to jobs I am mentally ready for and can qualify for but my resume is very short sweet and to the point because I’ve worked at the same place for 6 year and climbed the ladder & wanting something new. How do I explain that to my future employer?

like

Running my first half-marathon mid-October, How many weeks should I give myself to train? I was thinking 14. Not trying to PR, and can run 4/5 miles comfortably right now. Any advice or training plans you recommend?

like

I can’t believe people want to be paid a living wage these days. Pathetic.

Post Photo
likefunny

Hi! I am a qualified CA with 4 years of experience as an analyst. Looking to switch jobs to BCG or Bank of America or similar industries. Please help with referrals?

like

null Can anyone let me know how long it takes to receive Fnf from EXL? My last working day was 9 September but I haven't received it yet. EXL Exl Pvt Ltd

like

Looking for a referral in Genpact, American Express, Gartner, MasterCard and Microsoft Genpact American Express Gartner Mastercard Microsoft

like

Has anyone recently interviewing with Boeing or have joined recently? Please comment need to know about the interview process.

How long they take after project manager round?

(5 yrs Full stack)

like

Transition manager with overall 12 years experience, looking for Transiton manager, project management or program management opportunities..

like

Can someone refer me to GlobalLogic? I have the job id with me.

like

Help needed!! I have 4 years of IT sourcing experience and I am looking for a contract position $60/hr min sourcing Corporate or IT. Does anyone know of any fully remote opportunities you can forward me? I currently work at a great company, but my contract is ending soon and I’ve been with them for a while and I think it’s time for leave for more competitive pay. I’m looking for a flexible schedule and a healthy, non-micromanaging environment. Please let me know if any recommendations!

like

Additional Posts in Accounting Exit Opportunities

Anyone make a cross country move as part of a job switch during covid? Wondering if the company expects you to be moved/have a date planned in mind if you aren't already living in the area

like

CFGI offers anyone recently? Consultant level NYC what did you get offered

like

Anyone gone from PA to CBRE ? Do you like it ?

like

Do you write cover letters? I usually write them but it feels like a waste of time.

helpful

Literally all of my LinkedIn connections are recruiters lmao

likefunny

Looking for an accounting job in industry (remote). Any recommendations for someone with a tax background?

like

How much would the expected salary be for a Senior 3 in NY TAS be at EY?

like

Is it possible to switch path from tax associate to data analysis?

like

There is an opportunity that I’m currently interviewing for that is very interesting to me. I’m interviewing two other places but I’m not responding to LinkedIn emails for other positions. The other positions don’t interest me as much. On one hand I don’t want to waste time prepping for all positions and rather put that time only for the ones that I have going on, on the other hand I feel like what is that falls through. Wondering if I’m making the right choice

like

Is there a role for a CPA that wants to get into data analytics? Senior audit associate now that wants to exit to get experience with SQL, Python etc. but don’t want to start all over. What roles can I look at where I could leverage my CPA experience but still learn about analytics?

like

How hard is it to get into an investment bank for risk? Doing market risk related work (FRM)? And what kind of salary would you be looking at from entry to associate (senior) level ?

like

How do I negotiate the salary after I accepted an offer ? Similar firm offered me higher.

like

Looking through big 4 transparency salaries… does Baker Tilly just have awful pay for tax or is it just too small of a sample? Why do they pay 10-25% lower than all other firms?

Can anybody speak to how much they pay tax managers MCOL?

like

Anyone pursued a MSL in Taxation degree? Did it open up additional opportunities? Trying to get into tax planning/structuring but don’t have a JD (not interested in practicing law). Currently CPA/MST.

like

I have an offer for a senior technical accountant role in HCOL. The base is about 103K. But I'm required to work on-site basically every week day. Due to this, how much more % wise do you think I can reasonably try to negotiate for? Thanks!

like

I am financially secure (husband now has a high earning job) and looking at what options for "moon shots" at chances of real wealth generation with my years in Big 4 (10+). Month to month cash flow isn't a concern anymore so i can focus on opportunities for bigger pay days. Ideas from the hive mind?

like

Can anyone from EY provide some insight into their experience leaving the firm? I put in my two weeks and have a meeting with HR. Just trying to figure out what to expect.

like

Should you discuss salary range with an internal company recruiter prior to setting up an interview? With external recruiters it’s pretty easy to talk about the expected range. I am trying to avoid wasting all of our time if i get to the last interview and they are expecting a salary that is too low for me.

like

Thoughts on going from a national firm to a smaller one with ~200 employees and $65M in revenue? I’m a first year tax manager and can get a 33% raise by going to this firm.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal