Does anyone feel miserable at the fact that it will take you at least 8-10 years to double your salary from where you are now?

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Corp Finance takes longer. 4-10% raises in public accounting double your money a lot faster than 1-3% in corp finance. I worked in corporate finance for three years before Pwc and I saw a total of a 17% increase over 3 years. After 3 years at PwC I saw 38%. After 6 years at PwC I've seen 109%.

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I think your math is busted by a few years OP, even without building in early promotes. But obviously if you are an S3 or something, the math gets harder to double from where you are RIGHT NOW just as a virtue of math.

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If you aren’t doubling your salary in public in 5-6 years then you’re doing something wrong or you need a change.

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^cant wait to get into the big 4 in college. Think it’s now the worst job in earth

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Not sure finance is the comparison here. I'd look at 98% of other jobs which will have discretionary (capped at like 2%) increases for life. Do the math on time to double salary for those folks

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I want to look up and not down and be happy ...time to get out of this misery and do something worthwhile than shitty big 4 stuff

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It took far less than 8-10 years to double my salary in PA. In 10 years, I tripled my salary.

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It goes by fast

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The logic above is basically failing to account for inflation. Why would the starting salaries 8-10 years ago be the same as today's starting salaries?

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Does it take that long to double your expenses?

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After 34 years in PA, I make 66 times my starting salary. 20 years of work and you will be 10x. Not bad

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Slave away my friend

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Like in 6 years you went from 60 to 180???

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Staff 1 is 50k. Manager 2 is 100k. So 7 years. 6 of early promoted. By sm3 (so 11 years) could be around 150.

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It’s just math, man. You can always spin it a negative way if you cherry pick data points.

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Yep raises start becoming smaller percentages the further up you go. More compensation comes as bonuses though, so don’t forget about those. Your salary progression is faster at B4 than industry. But if you are willing to change jobs every few years, you can double faster in industry.

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Sm1 Early promote does not mean double raise, thats rookie thinking

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Started at 53, now 62... that's 2.5 years of high ratings and promotions... yeah. I will not make it high in PA. Jumping ships...

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I’m wondering how that compares to industry? I know In Corporate finance - equity research, banking, you would double in 4

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Sorry 10

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