I’m about 3 months away from making senior and am seriously considering leaving. Is it true that title doesn’t mean as much as compensation in industry? That’s what recruiters say but they are biased

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I just left before promoting to senior. I now make more than senior 3s. I work 40 hrs a week with better benefits than EY. LEAVE

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Also, I’m pretty sure I’ll get the same 3-5% raises in industry that I got in big 4 hahah you can probably find a bigger jump at mgr but could not handle 3 more busy seasons

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Same position. Being offered a base salary only a senior 3 would make, before bonus, so in my perspective it does not matter. Have heard leaving at manager is best though.

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Title doesn’t matter as much as years and salary. To EY1, staying to Manager is great, but more important is leaving for at least a Manager role in industry (which you can get as a senior). Seen too many people stuck as seniors in industry for YEARS.

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OP, please please please: don’t believe recruiters. Talk to people and make your own opinion. Here is my take on this: if you are 3 months from being promoted, stay then leave PA as a senior. I think that will not hurt you in anyway but may help you. Leaving as a staff may hurt you depending on who you are interviewing with. If your plan is to make more money now, jumping ship will get you more money in the short run. In the long run, your colleagues who stayed will catch up and make more money than you. If this is not an issue for you, you should be good to go. When leaving PA, take your take and make sure you are taking the right job with the right culture the get growth opportunities that align with your goals. I see way too many people leaving PA and jumping jobs 2 or 3 times during the next few years and some even comeback to PA. I have been in PA for 11 years and my clients work more than I do so I don’t plan on leaving.

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The only benefit of staying until senior for me has been negotiating with the increased salary

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Title is not as important as who you know and what you know. You will get your foot in the door with who you know and what you know will get you the level of pay and respect you deserve. Don’t let a recruiter sell you. Only take positions that your network would recommend you for. Recruiters have quotas and make commissions.

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@EY2 that’s where I’m at too

I agree with EY 2, and my annual bonus is a whole lot higher than what I’d get at EY

Note: raise percentages are higher once u hit senior. U are in a more of a 5-9% range. As far as I’ve seen, u always make more jumping to industry, or jumping anywhere to that point. But being in public u will continue to make more and more where at industry u can plateau. Not saying u will at the right company but it is a big possibility.

@STM1 Thanks! In your career have you had times where you just can’t take it anymore though? Last busy season was awful, then summer got better, but I’m back to being slammed and it makes me sick thinking about doing another busy season

^^^we all have those times and I os see those times less often. Unfortunately, the frequency we go thru these times depend on the firm, local office, staffing issues, and immediate supervisors along with their ability to plan. If you see that most of your seniors and managers work those hours and you don’t see yourself performing that role in the future, you may want to go to the industry but make sure to get that tittle first. Also, you may want to look at another accounting firm. There are many options but the long hours are part of the accounting profession.

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