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A basic Docker Cheat Sheet -
Additional Posts in Accounting Exit Opportunities
I find a company I could get behind working for… literally dive head first just to see if they really mean it… but of course they only exist on the *other* side of the globe. Does this resonate with literally anybody but me? https://www.quanticofinancial.com/blog/accountants-hate-their-jobs
Curious to know the point in making that much - and if you do make it to that level why wait til 60 to retire?
100% with you, it’s going to deter greatly depending on the individual but hypothetically if I did ever make that much, I would be finding ways to retire much earlier than 60.
Coach
Average B4 partner comp is over 1M, don’t need to be Bay Area.
Equity depends on when you get in and success of the company. If you’re early stage tech or pharma, there’s 8 figure upside but also potential for 0 value.
PA is stress. I have heard of stories of partners dying or having heart attacks .Industry is always better imo
My uncle had a heart attack and ran a firm 👀
Let’s assume that you are pushing strictly for comp and no weighing to WLB.
It’s also way more difficult to become a partner than to become a director level in accounting/finance. And I would say it’s more like 250-300 now for someone with 15 yrs of quality experience
Maybe I am a little jaded by all of the promos that happen out here in the Bay Area where even partners hit promo faster than what’s probably the norm. Good point tho.
I know a tax director at a public company that made 2.5M last year. Idk how much of it was equity based versus true salary.
If you are just chasing money, likely you won't be happy. PA is very tough - constantly selling work and appeasing clients. No thank you. I'd much rather work in an industry job that calls to fewer people.
Good point.
Coach
You are correct, strictly looking at comp. Stress/hours are typically a lot lower in industry, though.
Coach
Purely for comp, stick it out till partner. But WLB? Industry is the play.
To answer your question, yes. Career earnings for a big 4 partner will be greater than a Director or Sr. Director, but a more fair comparison is VP/SVP. The discrepancy is much less but I still expect a partner to be greater.