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Love California.
Come work for me. I'll give you a salary range of $10K-$10M 🤪😅😁
I don’t understand the reactions....this is a typical range for that level...
Well that’s Audit.... what did you expect bands?
Employers are required in California??
Yep., that’s the article I read. They were very reluctant to give it to me though
😳😳😳
This is for IT Audit/Assurance (SOC 1,2’s, IT team of an FSA) everyone has different names for the practice area
We pay our entry level Analysts 75k in Texas.
Right but I would suspect it doesn’t mean ALL your entry levels make that. Probably highly dependent on what school/program they’re coming from, what location, etc. Thus why there is a range.
Is this for tax? Cause Accenture is near 100k 3rd year
Yea but you guys get low bonus, no?
IBM is over 100k after two years usually. Unless you are in LCOL area, then 90 something range
Wow. Way to share your dirty laundry
Kinda PwC’s dirty laundry 🧺. Daddy D did me good.
Entry level analysts in NYC are 85k
3rd year advisory is 91k to 107k
Audit/tax have lower engagement margins and therefore the market rate (salary) is less than an Advisory (consulting) person
I agree with all your numbers, but I don’t think it changes my point. In your Tax example, salary isn’t lower BECAUSE margin is lower. Rather, margin is lower because revenue eg billing was lower (and it would have been even worse if salaries were equal).
If what you mean to say is salary is lower because rate cards are lower, I could agree more to that. There’s obviously a direct correlation at least between market rates and salary bands. But that isn’t really what you were saying...
Also tbh I guess I just get peevish with this subtle suggestion that consulting work is intrinsically more “valuable” than tax or whatever. Like you even suggest in your 2nd reply there is “less demand” for Tax. But demand, or volume, has nothing to do with margin, in fact in your example hours were constant. Tax, Audit, Advisory, these functions of a firm are all in very high “demand”, they drive large revenues and establish many significant client relationships. They just generally have a lower rate card — which can actually help INCREASE volume (although that’s a different discussion I suppose). So what are you really trying to say..?
Can confirm this is true. SA1 (Senior Associate 1st year) gets 107k for SF.
Second year senior and getting only 103k. Guess we are being paid scraps tbh