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Advice needed - boyfriend has almost 3.5 years of finance experience at a bank. Interviewed for PwC valuation senior associate and now recruiter says they want to hire him at “experienced associate” because he has no valuation experience. Is this too big of a step backwards in career? Should he push back and see if it gets him anywhere? If he does accept Associate, is it reasonable to ask for written, definitive timeline (1 year?) for promo to Senior upon meeting standards? Help!
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hell naw bruv I did it damn near 10 times shiiiit
And now you ended up at BDO……cautionary tale
Just be honest in interviews when they ask. Tell them you follow the cash
Frowned upon by who? People do it all the time so do what’s best for you.
Happens all the time. Of course your current firm will frown upon it, but they would have no issue taking someone from another firm if they could
Guy I started with has officially worked for all four firms. I’m an S1…
You kids with your B4. When I started it was B8. I don’t know anyone that got all 8
Who cares if they frown as long as you have a smile on your face?
Musical firms is basically a public accounting party game.
If you want to do the partner thing, you’ll have to land somewhere eventually, but at the lower levels it’s normal.
now a days, fairly normal. Years back was a huge red flag. That said if I am interviewing someone with a few years exp and already have multiple jumps, it is somewhat concerning. Too much time and effort for training for someone who may not be around after 6 months. But like I said, almost normal now
Not frowned upon. It’s a candidates market and it’s understandable that you’ll look at other opportunities. If you do it multiple times, I would start to wonder though.
But be sure to understand what exactly will change. When I was at the big 4, one year after I was pissed about comp, I interviewed at another big 4. I was pleasantly surprised with how honest they were with me. It was less of an interview than a decision they gave me. They told me that they’d love to have me and I’ll receive a nice pay bump as that’s what they need to do to attract people to switch. But that pay premium relative to my peers would diminish over time. And from a development perspective, you’ll be put behind the people that have been with us for a long time as we want to reward the people that have been with us for longer and you’ll need to prove yourself from scratch. It made me realize that my situation wasn’t that bad (I was well thought of in the group, highly rated, etc.) and it didn’t make sense for me to switch. I had a lot more to build off where I was rather than starting anew.
Rising Star
I’ve hopped a couple times
Does it worth it? What was your experience like with work and colleagues and if you don’t mind - did you think you’ve got much better pay after several jumps?
Rising Star
I’ve worked with a few managers/SM who have worked at 2-4 Big 4 lol. I don’t think it’s a big deal these days
Pro
To your employer, yes. Everyone else, no.
Pro
I did it several times, I went:
Local firm
Regional firm
Regional firm
National firm
Deloitte
Switched from tax to audit when I went to the national firm
Honestly, the ideal situation is to work in one PA firm then go to industry but it no industry hiring manager held my multiple firms against me
Gotta think about 401k vesting & any pension benefit so there is some advantage to staying out for a minute
No.
I did it. Best decision ever. Huge pay increase, the experience I wanted, WLB, and WFH. Go where you are recognized for your work.