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Hi fishes, I am Faraz, currently working as a System Administrator for Go Daddy under Genpact India Pvt. Ltd. I hold a total experience of more than 4.5 years in the Core technical support, Microsoft Azure, cloud computing, service now, active directory etc etc. Kindly assist in finding a role that best suits my skills.
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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%.
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.
@OP yes, exactly
I doubled in six years. Hope to triple in ten
PwC 6, the answer depends whether you are married or not 😂
For what it's worth, my starting pay at PwC was $48k. I did 3 years with pwc and left as a brand new S1. Moved to a corp acct mgr role in industry and was promoted to director of corp acct in 2 years. Second year at that role now and I make $147k. So I almost tripled my salary in 7 years. Other than busy seasons at pwc, I've never worked more than 50hrs in a week. So I don't j ow what everyone is bitching about.
I don't think I'm even close to doubling by the time I am 4 or 5 years in.....I'm 3 years now and only 35% higher than starting (currently 76k started at 57k).....I thought first year managers make right around a hundo and I'm 3 more years out from that which still would not get me to double. If y'all are doubling after 4-6 years I think that may be the final nail in the coffin for my career here.
I doubled in seven but I lost a year for jumping firms at Staff 1 and then another when I didn’t get my exams passed for promotion to Manager the year I should have. So I would have doubled in five but for my own choices.
My peer group right after undergrad joined banking at 85...now they are at 95...they will make 170 as associate 2, which is approx 4 years after undergrad. I need some data points on how that compares to industry
How did you do that ey4?
Yeah I’m S3...
All depends where you stand
Can’t double from 90k to 180k in 5
No not a double raise but it absolutely accelerates your basis when considering total number years. Source: I was an early senior promote and make the same as those at my level and it took me 9 months or so less. It didn’t all come in the year of the early promote but it definitely had an impact.
I’ve doubled my salary in just under 5. I’m content with it.
You may double faster in industry but then it slows. Get on that partner track and plan for the triple and quadruple.
I doubled in 5. I am now 8 years in and close to triple (not quite but will prob eclipse that next yr)
8 years in pwc2 and almost triple? Starting at like 60, you are at nearly 180 as a manager/new SM? What industry and area of country? Nobody in mine is anywhere close to that (audit northeast) maybe 130 as a brand new SM
You should double your starting base every five years in public.
Almost 10 years in and almost tripled my staring salary. And that includes a time period when the economy sucked so my raises did too.
Yes that is correct. And back when I started you did not start at 60. It was during financial crises new staff started at 51.... 8 years in I am at 165 incl bonus.
Audit, NY Metro