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Any politics story in msft India.
Hasta lunes, Miami
Mentor
So should I buy Tesla or too late ?
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BDO is a dumpster fire. Stay far away. Honestly RSM sounds like the best option these days.
EY too
9k might not be worth building new relationships and a reputation if you’re already respected at RSM. You will move up faster at RSM. That being said, you might make 80-120k more if you switch to A&M.
@EY 1 this is why you use accounting to exit into consulting
Yes definitely switch
Yea. If you leave, you can boomerang back and make $10k more, minimum. The comp here is stupid low
Warning: BDO has a toxic environment
Were you at RSM for a full compensation cycle (typically, a year or something close to a year) before your comp discussions? If so and assuming non-poor performance, that is really odd that you wouldn’t get at least $3k as a comp adjustment (which is probably only 3-5% increase)…
Now, if you were only there a few months before comp reviews, it generally makes sense that you wouldn’t be adjusted during the first review.
Sorry I didn’t explain that well. I had high performance and was given a $7k raise. I asked for $3k more because the salary seemed low and the raise was lower than the prior year even though my performance rating was higher.
BDO is so bad. They have to pay to poach because they are bleeding out. RSM is respected. This coming from someone at Big 4 with friends at the top 8 firms.
I worked for a BDO alliance firm, and their standards were pretty high. I don't know BDO intimately, though
You’re nickel and dimeing over nothing, in my opinion. Do what’s best for your career, but don’t make a meaningful decision because of $5k.
Agree with Grant Thornton 1, BDO is a hot mess. But if you plan it out, you can be there for 1-2 years and then move on to the next thing for another jump in compensation. The fastest way to increase comp is to switch I think
BDO culture has been horrible lately. Read their bowl.
Definitely not if the other aspects of your role pans out, like being a high performer, good teams, boss who supports you. This is minimum for long term (your current company might have strings on flexibility and can’t give you a raise) but by staying you will make more money much faster, assuming the other aspects are working
It’s not about loyalty, for those who disagree. It’s about ability and having institutional knowledge and gaining trust with people up there. If you jump around and make money, chances are you are either at a lower level or just not THAT good (but the other company doesn’t know yet; or possibly values other abilities than your current company). For example, at director level, you can’t jump and make partner at the same timeline unless nobody at your current company wants to support you for partnership. You have to bring revenue to be able to jump and make partner, which is much much harder than staying. But of course if it’s a dead end at your current company, jump, but it’s never about money
I’m raking $300k at BDO. This so-called dumpster fire is nice and toasty 🔥
Role and how is WLB? I have an offer coming for an advisory manager role.
You’re seeing what everyone talks about that the best raises come from job hopping. Since you’ve only been in your current job for a year, if you take the new job plan on being there for a few years or you’ll risk being looked at as just a job hopper.
If you want to stay, you can use your offer to negotiate and see what the firm can do to keep you.
Switchity switch switch baby
Negotiate a higher salary with bdo. Demand 20-25k more
That would put me in a 6 figure salary in MCOL as a first year audit senior associate. I don’t want to push my luck lol
That’s a big jump. How does the bonus compare with what you’d get soon at your current firm? When I jumped I failed to understand that I missed a major milestone bonus.
The bonus from BDO will be prorated, so potentially will miss out on 1-2k
Do it. BDO has an ESOP program.
If no one owns the firm, the PE firm with the 2B debt does!
We need to aim higher here
What niche are you in
Audit. For the past 2 years, I primarily worked on public clients, but I relocated this year, and the area I live in doesn’t have public middle market clients for the industry I serve. So all new jobs and teams this year, except for one.
You should probably leave. $3k raise after tax and FICA is roughly $75 per paycheck. If you’re debating leaving for this you’re probably in the wrong career
It’s closer to $180 per paycheck and the bonus is about $1,500. The total annual raise would be about $6k