Related Posts
Anyone here from Investment Banking at Houlihan Lokey, Evercore or Lazard in London (UK)? I’m currently working in Corporate Finance M&A in GT UK. I’d want to move to one of these banks next year so would like to know about work culture, teams, opportunities, salaries and bonuses. Appreciate your kind help on this
More Posts
Bowl Leader
Hello ,
I am currently working as an consultant for kyndryl as cloud sme with 7b band on lower level 13.5 lakhs. My contract is coming to an end so I contacted my manager was offered an job at same 7b level at 17 lakhs . Should I take the offer , will I have growth in the Company? I have an another offer from hcl 18 lakhs . Kyndryl Inc.
Additional Posts in Accounting Exit Opportunities
Any luck for US CPA in Canada?
Need to leave but no idea what I want to do
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
I think the biggest draw back is that you are staying in public (you will still have busy seasons) and you most likely won’t be promoted again. Smaller PA firms are typically built around one or a small group of partners. It’s usually not a meritocracy and they usually pick their “heirs”. So make sure you negotiate what your starting salary is with that in mind. I personally think the best option is to jump from big4 to 80% at a smaller firm. The smaller firm will most likely be willing to pay more and are more likely to respect boundaries so you might do 80% of expected pay for 90% of your previous salary. And since the expectations may be lower than you are used to you may even get away with 50% of the work for 90% pay.
I started my career at a small firm in a large city. Way more stressful than being at big 4.
As someone who has been at a small firm and a B4, I have to agree with this. The small firm hours were awful and the technical resources and expertise were also not there. The tax season hours were way worse. They also were obsessed with metrics like realization, even though every single budget was set based on what they wanted to charge the client, not the complexity of the work. So I constantly had to juggle either eating my time or defending my realization. And eating my time meant having to answer for lower utilization. Meanwhile they also expected me to be extremely involved in the community “to grow the firm,” while never promoting me. A person really needs to research any small firm, and definitely ask them about employee turnover. It was a big problem at the small firm I was at.
I did the opposite, came up through small firms until my firm merged into a top ten firm. I considered leaving before and after the merger, but I ended up staying with reduced hours. Even with reduced hours, I can make more money and have better health insurance in a big firm. PA is stressful no matter where you work, but this is working out to be a good solution for me.