I'm making an internal transfer to FAAS service line (out of audit) and only got a $2K raise. I was under the impression that FAAS gets paid a fair amount better than audit? Was I mistaken?

For context:
I'm leaving audit as a "top rated" S1. I'm already compensated at the top of the pay-band (as told to me by the recruiting team who are helping to transition me). I also applied for PWC CMAAS, but was offered the same exact compensation as EY and was told there was no room to negotiate.

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We are under assurance, so typically we really don’t get paid dramatically more than audit. If comp is what you are aiming for, you can probably shop around some of the smaller firms like Connor Group or something. I think some of them give out pretty large bonus that is based on number of hours you charge.

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Are u in west coast? After the audit pay bump this year I think FAAS is only slightly higher

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If you’re highly ranked, take a look at A&Ms CMAA group. They pay exceptionally well and are very highly regarded. Just came over from another big-4 and extremely happy with my comp.

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From what I know it depends. They handle IPO- related projects which are more time sensitive to purchase accounting to other technical work. They also do lease accounting implementation. Similar hours to big 4 accounting advisory (CMAAS, FAAS, AAS).

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Sounds like you’re getting a good deal in audit. Senior 1 isn’t typically in the high 90’s or breaking 100k

I'm surprised pwc wasn't higher, but they're also under a cohort model, which is why there was no room to negotiate. Generally going to a different service line externally will get you a nice bump. Not only that, but I'm pretty sure CMAAS pays a little more than us, since they're under advisory

CMAAS S1 HCOL is well known cohort starts at 101k

If you tell ur your comp we can give you a better idea if they’re screwing you or not

Your audit comp must have just been really good already. Im doing a lateral switch to CMAAS from EY audit and my salary will jump 25% when I start.

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