Got an offer from Deloitte as an IT Audit Manager. Experienced hire with broad audit experience - $135k + 30k signing bonus. This is far below what Im making now. Am I being low balled or is this normal rate? Will reject it but looking for any insight why they wasted time knowing the comp before hand.
Sounds like for 15 years experience, you should be higher then manager. Depending on the location though, that sounds about right though for salary.
Comp seems reasonable. I doubt your entire 15 years of experience is relevant/related to the role…otherwise you would be at a higher level than a manager.
It's all audit experience - external, governmental, and internal, broad range of industries. Masters, CPA, CISA, etc. I don't have book of business though if that's what's what your referring to.
I mean it’s Deloitte. They are greedy. That seems so low for 15 YOE
It almost insulting we pay a level below me about that much here.
Deloitte is desperate. Maybe they thought the name would sell but little do they know big4 is nothing now.
The firm may be desperate but its impractical to now hire folks at way higher salaries than we pay. That’s the problem they are trying to rectify now with market adjustments when homegrown employees are making way less than new hires.
How many YoE? I mean it is not low for IT audit
Why did you interview for manager with 15 YoE?
There’s a big disconnect between 15 years of “relevant” experience and a manager level. We often discount some years of service when you aren’t coming from another B4 or large consulting firm, but this makes no sense. Did you actually apply for a manager position or were you interviewing and they just offered you that?
From what you’re saying, you should be coming in as a senior manager.
I was recruited to apply - they knew my salary upfront - just seems like a waste of time.
Why go to Deloitte to take screenshots? Stay at wells Fargo, banking is the best industry for emailing engineers for screenshots
Decline the offer and move on. B4 is not worth the headache if you don’t plan to stay for the long haul.
Just declined it this morning. Will see if anything changes and will update everyone still following.
How far below your current comp ? What is your current role ?
I'm about 25% higher in current role - which seems just like a waste of time since they knew that going in.
It’s not consulting. Not gonna be $$$$
Makes a huge difference. Advisory is around 20-30% less than consulting
Sounds about right for Advisory
Where are you located? I’m in risk advisory- Happy to discuss and be a potential referral at my firm.
I'm in the Greater DC market. Wouldn't mind connecting but still deciding if I want to go back to PA. Clearly not with an offer like that!
Seems like for manager it makes sense, as others have mentioned - if the grade was higher it would seem low
DECLINE
I wouldn't simply decline. Heard about many experienced hires getting crazy low offers - they had a honest conversation about their minimum salary expectations and asked for a revised offer. If your revised offer is still sh**, then move on.
I declined it in a way that left the door open.
Too many options to race to the minimum offer!
Bravo
Thanks! I think in this market either bring your A game or get out of the way.