During a recent meeting my boss asked if I felt I was being compensated fairly and basically said he was expecting me to have a conversation with him soon. I am a CPA with 4 YOE as a tax associate, just over 1 year with this firm. $67k base, and flex schedule. I am in the suburbs of Chicago - what is the average salary for this position? I’ve seen such a wide scale. I’m also anticipating a promotion in the fall, and am nervous my request for a raise may conflict with that compensation adjustment

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That seems super low with 4 years of experience and a CPA. You should be making at least 90k

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Why are you still an associate? You should be a senior associate with a manager promotion coming up in the next year or two.

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I left my prior firm 4 months before promotion (due to moving across the country for my husband’s job). Their policy was 3 years as an associate and then senior associate. Since I did not have the title this firm hired me as an associate. I do believe I’m on the cusp of promotion here (and I’ll be pushing for it given my experience).

I’d shoot for $80k

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Any reason why you didn't come in as a senior given your years of experience? If you're up for promo, agree that 80k would be a good target.

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Comp sucks. Dm me - time to move to ey.

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You are pretty low on the comp scale. For reference, I just hired someone to our PE shop with 2 years of experience. He’s making 90K + 20% target bonus. What are your performance reviews like? You should probably just look for a new job since you should aim to be >100K after 5 years (at the very least).

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I’ve had nothing but great feedback in all performance reviews. Given that my boss brought this to my attention and said he expected to have a conversation soon regarding me wanting to reevaluate compensation, I was given the impression it is lower than average - however, my first firm was in an area of lower cost of living and the pay increase seemed substantial, but I’m thinking I was a bit naive.

The firm should’ve brought you in as a senior and your boss realizes now that you’re a flight risk.

$67k is a first year staff salary.

$100k-$110k is where you should be.

For 4 yoe, $67k is low. You should be making $90k minimum. I hope your conversation goes well but be prepared to jump ship. It may be the only way to get a proper salary adjustment and promotion/title change.

Yea don’t be afraid to jump ship or at the very least show them a competing offer, they may match

say you want to be close to $100K. Land around $90K.

That seems low for someone with a CPA. Research salaries on various online forums like Glassdoor, Robert half, etc. and use it as leverage now. Once CRT is done, you’re too late.

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