{ "media_type": "text", "post_content": "I am going into my second year as a tax senior associate. Just got off the phone with a recruiter from industry discussing their current tax openings. At RSM, we will likely be finding out our raises in the next week or two. If my estimate of my raise is correct, the industry position will be about $5k more. Is this worth it to leave public accounting?", "post_id": "60de19d95bc7dc002a2b696f", "reply_count": 9, "vote_count": 3, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

I am going into my second year as a tax senior associate. Just got off the phone with a recruiter from industry discussing their current tax openings. At RSM, we will likely be finding out our raises in the next week or two. If my estimate of my raise is correct, the industry position will be about $5k more. Is this worth it to leave public accounting?

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Not for 5k. As a senior you should be getting 15 to 30% bump.

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Thanks, good to know. I was expecting more around 10%, so I’ll see what happens I suppose

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In public accounting you will get 8% raises per year, sometimes more…. Industry won’t be that. So you’d better get ahead while you can…if you’re leaving public.

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Strictly money wise, that's a pretty low raise from public to industry. Remember you only get to leave public most likely once, so you want to capitalize on that raise. You likely won't be seeing the high raises in public accounting in industry. But you should also consider the other factors of a move and weight them accordingly (work-life balance, less hours, less stress, easier work).

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What region? 75k seems low for an S2 I’m assuming lcol/ mcol?

Hell no

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