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Some local firms are great however it is a red flag if they are bringing you in at a lower level & paying you less & it will cost you more for benefits. List out all the pros and cons and really do your research.
If this local firm is charging more for benefits are you get better benefits or is it because they are charging employees more and “they pay less”? Do they provide STD/LTD & Life Ins. STD for paternity/or if get sick. Do they have enough employees so you are covered under FMLA?
When can you contribute your own $ to a 401k, is there a waiting period, is there a match? Is PTO the same, do they have flexibility/wfh if needed or strict 8 hrs min in office mon-Friday. What will busy seasons look like?
Will they provide good CPE/trainings? What about other firm resources for reaching out with questions - like in a big 4 or larger regional firm?
Be sure to really do your research on the firm. It’s exciting when you have an offer & but there are always other firms that will have the specialty you are looking for. Have you tried to see if PWC has it and you can pivot from what you are doing now? Best of luck to you on your decision & your career path!
Chief
If PwC won't let you transfer, why not go to that group in another Big4 or national firm? You'd likely get a raise too!
Also friendly reminder that firms will always try and promise you the world to rope you in but sometimes they don’t keep up with their end of the bargain. This is one demotion that’s not worth taking
Yes I feel like working at smaller firms you work way more year round and less resources
I wouldn’t take it
What % is $300 decrease from your current income?
unless you really like the ppl there then I think you can find a larger midsize firm and usually they give you a raise if you are an ex-b4 senior. And they may have the same or even a little better work you want in the local firm...
UGH all saying don’t do it makes my heart hurt haha. The fringe benefits are less for sure and essentially 300 less a paycheck hurts a lot as I have a wife and kids. They don’t seem to want to budge though on it.
Have you compared hours expectations? I'm at a local firm and we base comp on a much lower commitment than bigger firms. So it's like buying your life back.
PwC, what's your specialty? And how do you feel about Michigan?