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Hello All, I have one question. I was a fresher and joined one organization as external employee with third party payroll. I worked as external payroll for 1 year then I became permanent employee of organization was working. When i was a fresher my salary was below tax slab so my external exployer did not generate any form 16 for me. When tried to switch my new organization wants me to submit form 16 as BGC process. Will my offer get reverted?Cognizant Tata Consultancy HCL Technologies Accenture
How much does EY pay to ISB graduates?
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What makes more money IT Audit or IT GRC?
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I started out as a staff in fall of 2018 and was paid 63K for a MCOL. Following year as a staff jumped to 67K. Seems like your salary is on par for a LCOL. Make sure they give you an inflationary adjustment + your annual raise
My regional firm in Texas pays 70k for a year 2 staff which is also low in my opinion but 57.5 is definitely low. Jump ship!
I started almost 2 years out of college (august 2020) and I’m at 81k but near DC area. Not sure if that helps since cost of living might b so different.
I think it will be depend on the location
BDO pays substantially more (low 6 figures for year 3). If you have a relevant IT Audit experience I’d be happy to refer you to our team. Send me a dm.
Np, tier 1 city comp is very competitive
That TC isn’t terrible for LCOL and 1.5 yrs exp imo, but you should get annual bonus at a minimum, if you get CISA then that’s a definite cause for increase.
Every reply here is like, yeah I made $100k first year out of college!” Listen, he is in LCOL city and his employer is not EY and not BDO, it’s National Oilwell Varco which creates pumps and pumping equipment.
Bottom line, yes, you can make incrementally higher salary at a public accounting firm given current exp (and likely work many more hours), and yes, you will get a small sign on bonus for 2 yrs exp (cut it in half for taxes), just know that the environments / corp cultures at public accounting firms mentioned here are going to be WAAAAY different than the one you’re in at the moment…
If you do decide to join the Dark Side and go to public accounting firm, then I would suggest getting the CISA first if you’re somewhat close and then you at least have some leverage when negotiating salary/sign on bonus (and you should ALWAYS negotiate as hard as possible, esp early on in your career).
I would apply for a Sr. role once you hit two yrs exp and you have a CISA, and if you’re at $57.5K now, I’d negotiate for $90-95K base salary. Regardless, I still don’t think you’re doing too bad at all right now all things considered! But you can for sure get a bump in pay sooner than later.
DM me if interested in exploring a change to EY. In short, yes… that is low. Starting salary of campus hires in IA and IT audit are both a good bit higher.
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DM me I can place you at KPMG around 85
That is pretty low, we pay entry level associates over 60k plus sign on bonus. Are you based in Houston?