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M&A tax manager 1 salary in NYC ?
how much harder is banking then valuation?
How hard is it to exit to the buy side from FDD?
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Stay, don’t take that kind of offer in a Hcol market when you could go to an FDD firm that’ll pay you better
Coach
80k base in HCOL for FDD is disrespectful.
Hard pass on that offer. I would just decline because if they’re coming in that low, they won’t meet what you’ll ask.
Yea I was kinda shocked when they told me, mainly about the base. I was thinking about negotiating to 95k base plus 5k sign on.
^ accurate for accounting firms - I wouldn’t take the offer.
Coach
You definitely shouldn’t take a pay cut from audit to FDD
Mentor
Firms like this should be named and shamed. Also keep in mind external hires typically come in at the higher end of the pay grade so your raises during first couple of years may not be great.
With only 1 year of audit experience, I jumped for $90K base at an MM accounting firm in a MCOL city.
I’d keep looking or seriously negotiate if I were you.
How did you make the jump/prepare for the interview?
Lol at promising you a performance bonus. That’s such a BS move.
Fdd should get you a higher base and bonus potential, not the other way around lol.
That feels very low - should be around 120k with 20-30k sign on bonus
No seniors in PA are getting 20-30k signing bonuses.
Gross, don’t take it
What should my counter be?
A&M pay associates 90k base and an estimate bonus of 30-40k... way higher
This is really low. I got an FDD offer for S3 HCOL (not nyc) for 120k