Related Posts
What’re UX designers making at big tech?
More Posts
Im not searching for a new job but an acquaintance reached out about a similar role at a similar energy company.Turns out 2 ppl threw my name in the hat. I looked into it and the position was posted 2 weeks ago.Their director wants to meet.I bet pay is one of the first things to be discussed so that no one’s time is wasted.Am I crazy for not wanting to entertain it for less than 20-25% base pay increase?Is it selfish to ask for more? I’m sure most salary conversations end in negotiation anyways?
How bout that Robinhood update
DOGECOIN to the 🚀🚀🚀🚀
Additional Posts in Accounting
Advice needed - boyfriend has almost 3.5 years of finance experience at a bank. Interviewed for PwC valuation senior associate and now recruiter says they want to hire him at “experienced associate” because he has no valuation experience. Is this too big of a step backwards in career? Should he push back and see if it gets him anywhere? If he does accept Associate, is it reasonable to ask for written, definitive timeline (1 year?) for promo to Senior upon meeting standards? Help!
Pro
New to Fishbowl?
unlock all discussions on Fishbowl.
I feel your pain. At the manager level, I’m only seeing roles offering a good $30-40K less than my current base, and in the current market, those end up being insanely competitive, with >100 applicants within the first day.
I’ve decided I’m actually okay with the cut, as long as I keep the manager title, can see a path for progression, and get a slightly improved work life balance.
This happened to me last year. I left PA for an industry job that only offered me 2.5k more than I was making in PA.
At the time I was just tired of the grind and was ok having the same salary if it meant I could get my life back.
I work about 60 - 70% of the hours I did in PA, and make virtually the same salary. I have time to see my fiends and family more often. I started picked up some old hobbies, and recently started working out again. So for me it was worth it.
Additionally,I would say don’t just focus on salary. My bonus my first year in industry was larger than my last 3 years combined in PA (excluding promotion bonuses). My company also has way better financial benefits (401k match, HSA contributions, ESPP plans, student loan pay down) than my PA job so, while I don’t see much of a difference in the cash in my bank account, I think my total comp is def higher.
Agreed here, I decided to join PA 2 years ago, coming from industry for 30% increase. The amount of commitment does not worth the money. It’s almost a wash off and the bonus percentage is lower.
Rising Star
I was going to be here for two years and then do something else…..
Why do I feel this so hard 🤣🤣🤣
Rising Star
I'm stuck in PA but I've learned to like it. Stockholm syndrome
I don’t think I would consider a little more comp in PA, if that is actually the case, to be golden handcuffs
Agreed with OP, as a senior I get recruiters messaging me with roles no higher than $105k. And to even get $105k you would have to be a superstar and be everything they are looking for
You have to consider it on an hourly basis. Maybe you're taking a 10% haircut in the salary... But if your hours are 15% less then it may be worth it. All depends what's important to you.
Rising Star
Most people care about take home pay more than hours worked until they have kids.
Same, I’m at 150k (title is old) and not finding any exit opps that are comparable LCOL
Rising Star
Yeah, public has locked people in thanks to the Great Resignation a few years ago. Add on top of that no public firm wants to pay less than its competitors, anyone manager+ isn’t going to be leaving for a substantial raise anytime soon.
Same, never intended to stay in PA. Now I am on the partner track and my only hope left is to retire early.
I have been looking for a while. And I agree OP observation.. felt like we are stuck here. I meant I can make PPMD that is great but I tbh don’t want to be stuck as SM for lifetime
I left industry a little over two years ago and came back to public after spending most of my career in industry. I now make $115K MORE in base salary than I did when I left industry. No plans to go back - especially since I am in a niche field that is more valued in public.
Do I work more? Yes. Are my family and kids ok with it? Also yes.
i started in public. left after senior. now i’m back in consulting (my own firm). after 200k comp, getting upside through equity or some sort of bonus program is the way to go
Look at in on an hourly basis to compare