Just wrapped up my first annual review at my firm, and my senior said I'm doing great with the reconciliations and month-end close. But no raise was mentioned at all. Is this typical for first-year accountants, or did I just get passed over?

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Are you at a big 4? If so, you should know if people in your year get bonuses. If you have good reviews, you are pretty much getting one and your senior would not be the person to mention it. It is a decision made by management after they have closed the books. The bonus would be communicated by a higher level person.

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If your senior was giving the feedback, they probably don’t control pay decisions anyway. Raises usually come from higher up after they review budgets. You’re not necessarily being skipped.

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