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I am Chartered accountant with 3 years post qualification experience in assurance global audit from big 4 working for canada. I am getting a CTC of 13.80LPA fixed and variable 1.48 LPA. Is this enough or should I ask for a hike..EY Deloitte KPMG PwC . I am not seeing any notification on the coming hike..
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I finally did it...put in my notice. Feels good man.
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Continued: Life cannot go on like this. Life cannot be like this where having kids is a freaking luxury now. Fff this return, ff this deadline man
I went part time 10 years ago, and worked 20 hours a week remotely for those 10 years while I had 4 children. I thought 4 hours a day was doable. You can work during nap, once hubby comes home, etc. I was a Senior those 10 years. My youngest is 3 and I recently went back FT this year as a Manager. I'm getting paid great now. Was it ideal I was under my pay potential all those years? No. But I will never regret pausing the ladder up to have these amazing children every day. If you want to make it work, find a way and don't give up. Ten years from now you can always start working 24/7 again. But if you decide to not have children and regret it later, there is no going back. Find a good mentor. YOU CAN DO THIS! Nothing is a better feeling than holding those babies.
Yes that's a lot harder. I would have stayed in public if I could have. But as long as men control these companies, it won't get much better unfortunately.
I have 3 children and my wife also works, but it is a much more laid back job than we have. She works from home, has a ton of flexibility and only ends up actually working about 1/2 time. She does 90% of pick ups/drop offs, meal prep, etc.
IMO, there’s only room in a marriage with kids for one spouse to work like we work in public accounting. I make it to all of the important stuff for my children, but I’m not there for everything. It’s a sacrifice I make for my family’s financial well being and future.
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I talked to my managers and they said it only works if your partner is not in a demanding field. Essentially it’s their partner raising the kids primarily
I work at a small family owned firm and never have to work overtime. Great pay and do not have nearly as much of workload as the big 4 postings I see here. I suggest you to find another job in the same field outside. You sound like you have great experience to land something good.
What’s really weird for me is even though I have no clue how I managed this same workload while my kids were younger and involved in so many activities (I had some help, but I still did a lot), now that they are older (one adult who lives out of state and one teenager who doesn’t seem to need me anymore), I am just as exhausted as I was before, but without this precious time I used to share with them.
But I need to add that BDO (as well as other firms, I’m sure) offers formal flex plans which allow people to develop and grow their career while voluntarily choosing to work less hours. It’s an adjustments in salary and potential benefits,but it may be worry it… to enjoy your family while growing your career!
Same here! I do not have kids, but I remember I took care of my niece for a week and I was surprised by the amount of extra work I had to do in my house. I don't know how people with kids do it.
It's so much work and so many crumbs! Lol. But mine are starting to help with chores really well
I don’t have kids yet either. Planning on starting a family in the next couple of years tho. Keep trying to see if this career will be sustainable but it’s really hard. Front loaded as much of my work over the summer - having staff enter brokerage statements and available k1s so it’s not all last minute.
Finding that it was really helpful but it’s still exhausting. I feel bad when my pets want to play and I can’t bc I need to finish reviewing. So I don’t know if I can handle the guilt of not being there for a child…
This is huge part of why I left public accounting. When I looked around at my coworkers with kids, they didn’t seem to have the time for their family I knew I’d want one day. I just couldn’t picture continuing to work there and having a baby.
Definitely need to plan ahead. I agree with going part time just to stay in the field. Set boundaries and make it work. Start early. You can do it with the right mind set and support from your spouse.
It is doable. I have a manager who has been working part time with 3 kids. The hours were 20 I believe and now are 10.
I went into public after my kids started middle/elementary school. I worked full time for 5 years. Kids are now in high school. During the past years I had help of my parents and my partner. Without them I couldn’t do it.
If you are at manager level, you have leverage. Experience managers are hard to come by and if you have been with the firm for a while, you are an asset to them. Don’t forget that. If they are smart, they would want to keep you even with reduced hours. Getting paid less and slowing down your career progression is the trade off. It is for you to decide if it is worth it.
I 2nd this. Working PT is such a better solution than a resume gap. And, when you are used to working so much OT, 20 hours is easy. I had 4 children and they all have always been home with me. And I easily was able to do 4 a day(and a weekend here and there if someone was sick, etc. But, you need to have boundaries and a boss who truly is ok with only 20.
It’s possible. My kids are 17 and 14 and it was hard when they were little. It took more planning. I would map out the months and list all the dates I was working late. We didn’t work at home back then. My husband would take the week of the deadlines off so I could work. It was a team effort. When I had my second child I went to 80% and worked 32 hours in the off season and busy season hours during tax seasons. I did that for about 5 years. I was a manger when my first was born so my schedule came with flexibility.
I reduce to 75% FTE when I had my 1st and stayed that way for 12 years. There were times it was still stressful and my partner worked a very demanding job as well. You need to be able to say no to new projects, under promise and over deliver, help others at the end when able, etc. I recently left public when I had the opportunity to work for a client for more $ and less stress but I never wanted to be a partner etc.