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Agreed @SM1. Upper 30s and beyond in public accounting is where the magic happens. Up to that point, you’re either proving yourself or trying to get experience to leverage outside of public accounting.
Partner / Managing Director.
The long game 😂 years 1-15 you will be getting short changed in this career.
But what are we exactly getting beyond the early stage of the career? Do we get to do more meaningful work? Does our client appreciate what we do? And is the opportunity cost worth it for the first 15 years time?
You can potentially negotiate if you discuss it before the firm has decided on and communicated salary. If you go into your compensation meeting and try to negotiate, it’s way too late. Also, the way it works is that there are specific salary ranges for each level/office, so you can’t negotiate higher than those amounts (which they don’t tell you what they are.) Also, they’re not going to pay you industry salaries, they will only pay market which is what you can get at another big 4 in your city at your exact level.
If you are still at PwC, there is no negotiation.
No, most of the time you cannot negotiate. Being a high performer means you get promoted quicker and get quicker to the top. Indirectly you may get better clients or you may not. There are pay bands and raise percentages. At our firm, higher performers get higher percentages raises.