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an Elementary School Literature Teacher
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Am I the only one who is happy I got into IT?
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Kickoff day v month 6.
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Finally got the call! 🙌🏼🙌🏼 First day on the job.
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Additional Posts in Accounting
How do i see my utilization?
KPMG training center renderings pretty nice!
What’s a good wireless printer?
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Depends on your end goal. If you’re going to leave in a couple years for industry, sure get the money. If you want to stay long term, I’d rather not have to re-establish my credibility, relationships, and inside knowledge
What LoS? Can you change engagements? Hell of lot easier than changing firms.
What year of manager are you? 155k for a manager role is definitely a lot, so congratulations! Though eventually you will get evened out with your peers, it is not a bad thing to take the raise now. However, it depends on what your end goal is, if you want to stay in PA for a long term I would value the network and people over the quicker pay bump. But 40k is a lot lol... Hard decision indeed. It may still be worth it to bring it up to your partner, they may not match, but they may meet somewhere in the middle.
I’m a second year manager. And yes it’s a lot haha. Thanks for your input
Pro
Yes. If anything, you get to expand your network while making more money.
True! That’s a good way of thinking ;)
Why not? Isn’t 35% at manager level a pretty significant amount? You don’t necessarily get that jumping out to private for less hour….
Only hesitation is the uncertainty of getting into a new team/environment but I’m sure I’ll adjust with the increase in salary lol 35% is a solid 40K so it is significant.
You can always come back and probably get another raise and/or a promotion in a year or two.
As long as you don’t burn any bridges and were rated well. We still talk about people that left and see if they have interest coming back.
If you talk to your RL they may match
KPMG3 I don’t think I’ll want to stay for anything less than a match. If they don’t value me enough to match after knowing my market value, I would rather make that money even if I like the team
If you hate the new job and your network is as solid as you say it is, you can always boomerang back… and probably with a salary increase and promotion.
As soon as you have a solid offer from your old team, I don’t think there’s a right or wrong amount of time. I know of people who boomeranged in a couple of months and people who boomeranged in a couple of years. It all depends on which job you like better and which people you like more.
Go! As long as your WLB and matching items like 401k are pretty much the same this is a no brained for more cash in your pocket.
It’s always good to mix it up. You’ll bring a fresh perspective and get a new one as well. Go for it!!
Chief
Depends on if the other firm is EY or not. They’re giving out the gift of gratitude to current employees, so I’m expecting even more to leave before YE, which means more work for the rest of us. Few of my managers just quit without any jobs lined up.
Chief
Got an offer for 40% increase and decided not to take it. Ultimately I will make the same after promotion this year and more with the retention bonus and milestone
Chief
Yup senior to manager
Switch
I know I’m not a manager (I’m a senior) but my network/support team in my current environment is highly valuable to me. I would think it would be worth it to at least notify your current team about your offer and see if they’ll up your current pay. They may not match but they may come up enough to not make it worth it to jump. If the alternative is to leave anyway, why not just ask? Be professional about it (“I really like the team, the support I have/work I do. I contribute a lot to the team and feel valued. I’d like to stay but this is a big pay jump to leave on the table.”). It isn’t blackmailing, it’s knowing your worth and what you value. But also if you’re going to leave anyway, it doesn’t really matter if it feels like blackmailing! You’re going to have to have tough conversations with your team about leaving anyway lol
All good points. I’ll probably lay it out frankly and see what PwC says
If you think it’s a good opportunity on the other side, I’d be ready to take it. That’s some good money. If you think you’re in a good spot with a good network in your current spot and want to stay talk to your partner and say you’re happy but you were approached about an opportunity, wanted to know your market value and it’s simply to much money for you to ignore at this point in life given whatever upcoming expenses you have. I did this last year for close to 40% and got a full match. Couple that with a promo bump last year and I’m making about 67% more than I did 14 months ago without leaving. And no, it has not affected any relationships or partners thinking I have one foot out the door, if anything it’s the opposite, they appreciate not having to worry about me jumping ship now.
Appreciate you sharing your experience. I think I’ll probably do that with and talk to the partner. See what he says but ready to take the offer if they don’t match. It is true I won’t know if I don’t ask.
Not sure how to stay current firm if I know I can make 35% more easily at other firm.
So much more to consider besides a paycheck
Switch! Which line are you in? HCOL?
Tax/HCOL