Offered a 13% increase in salary moving from PwC to KPMG. Any thoughts or advice on this? Very attractive offer given the salary freeze.

likehelpful
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

If you like your teams a lot and have good relationships, and are a year away from a promotion, and have tons of work available, I would stay.

If you dislike your teams, have weak relationships, just got promoted, or don't have a full schedule for the next few months then I'd consider it worth it to switch firms.

You only get one solid switch every few years so it's better to use it to get a 20% pay jump and or move from audit to another better paying LoS

likesmarthelpfuluplifting

This is one of the best responses I’ve heard to people asking if they should leave. Bravo. 👍🏻

like

You should think long and hard about moving from a big 3 to a regional. Drop in resources, technology, clients, especially prestige.

likefunnyuplifting

Look at all the KPMG folks coming to the defense!

like
Recent IconRecent

Wow the kool-aid is so real here, people have actually convinced themselves they are worth more because they work at xyz firm. OP, I switched from PwC myself. While there is a lot I miss I can safely say the larger % of uptight and self-absorbed people is not one of them.

I have discovered since switching that happiness and professional growth depends 10x more on service line, office size, and specific team than the firm as a whole. If you are not happy now, or you do not have a boss or mentors who are willing to support you in your growth, then it cannot hurt to change. If you are happy with your team and your work, then I would reconsider.

At the end of day public is public. As they say, “same circus, different clowns”.

likesmart

At the staff level, it may appear that what you say is true.

Firms will pay more to get you in the door and then even out your salary over the years with lower raises. Something to consider.

likesmarthelpful

If the only thing you’re looking for is money then go for it.

like

Do it. Pay freezes have happened at all the big 4 already. If you will have room for growth at KPMG and you like the culture then go for it

likesmart

Evaluate all aspects, including what you would lose with your 401k invested amount and or pension.

likesmart

Excellent point - the 401(k) hit could be significant given the vesting schedule is 5 years at PwC. I’m sure it is similar at other Big4

like

I wouldn’t switch for anything less than 20%. Also, keep in mind the benefits you’d be giving up (ie student loan pay down, 401K not vested, etc).

likesmart

KPMG is great! You’ll love it! Come!

like

Well, that escalated quickly!

One huge thing to consider is that my pay at PwC is so low that my savings are basically zero due to being in a high COL area. The pay bump would be a huge difference in financial stability.

like

If you’re an A player, working for KPMG is like being a statistical leader on the 0-13 Saints. If that’s what you want, jump.

likefunny

I’d take being Drew Brees of this any day

Lol haha funny, even coming from BDO 🤣

likefunny

Op it all depends on why you leaving, which group and which market. Also, what level are you and how invested are you at your current firm and group. If you are just looking at money this may not be right move but do what seems best for you.

like

Going for a year plus at 13% more pay at a time when firms aren't offering increases would make a big difference. I would strongly consider it as long as you feel the promotion prospects are equivalent based on your discussions with the team you'll work with.

like

Think beyond money. Consider other factors such as your team, client relationships, firm tools and resources. I wouldn't for a mere 13% raise which isn't a lot after tax.

likesmart

I thought KPMG was at a hiring freeze. How are you getting in?

like

Most groups have a hiring freeze since we are not seeing the normal turnover. However there are areas where we have sold work and not enough people with the right skills. We will not hire

like

No dont 13% is way too low

like

Won’t be saying this come next year when we get raises of less than <5%

like

Don’t do it

like

Willing to switch to the minor leagues?

Related Posts

like

Need one help.
How much starting level Analytics Managers are making with YOE and org? Will help me evaluate my current offer.

like

I'm currently a Scrum Master that is looking to make an exit! I have a new profound love for data! However when looking at the salary for data analytics, it appears that I would have to take a pay cut. I currently make 123k in the state of NC...any insight? Should I transition to Data Engineering instead?

like

How much Max CTC to expect from nagarro?
Yoe: 3.5
Skills: .net, .net core

TIA

like

Need to design a compensation framework for a small but growing professional services firm (consulting and marketing for farm and food businesses). Anyone have access to a sample framework or any tips? TIA

like

Hey all - Commercial Mortgage Underwriter here for Affordable Multifamily. Anyone else in a similar position? Would love to talk shop, workflow, salary etc.

like

Hey everyone,
I just moved to the Indianapolis area and was hoping you could help identify what the salary market was here. I have my BS in mechanical engineering, MS in engineering management, and an MBA. I have been working in the auto industry for 7 years. Ideally I would love to find a project manager or similar position at a larger size company. Thanks for the help.

like

5th September is my last working day at Infosys. Yoe=4+ yrs
Tech= aws devops
I hold an offer of 18LPA from KPMG with joining date of 7th September. (Wfh)
I applied at Workday on 15th May and went through 7 technical rounds of interview and received a verbal offer letter of 21LPA (hybrid)
Now apparently their technical panel "forgot" about the interview and wants to have a discussion again as 8th technical interview. HR says their joining date will be 19th September.

Should i join KPMG?

like
like
like

What's the market salary range for an Sr. Analyst role whose working as a project management responsibilities for India and Global team?

like

Hi,

How much variable pay will we get in Virtusa? Please consider the average case

And one more thing any idea about yearly hike % ?

Thanks.

like

I have an offer with more fixed pay

And an offer from another org with stocks + ESOP + variable pay

Which one adds more value?

like

Hi, I’m interviewing for Laboratory supervisor positions at ARUP in the Salt Lake City, UT area. I have less than 2 years supervisor experience and I would like to negotiate if I get any offers. What are other people experiences/ salaries in same positions? Thanks!

like

Is McKinsey Middle East not growing as fast as some of the other firms (BCG, Kearney, S&, …)? Haven’t heard of many people interviewing of late, especially for the UAE offices

likesmart

Does anybody have idea what is salary range for sr software engineer (IC3) in service now company for 10 yr experience ?

like

Is freelancing allowed in walmart ? Freelancing means taking interview on behalf of a 3rd party company .

like

We Indians are so poor we can't think anything else except money. Whole Fishbowl is all about YOe and Salary. No one interested about if any company doing any innovation or not. B-Tech colleges put ads with Package and Campusing only. Almost 99% Indian YouTube thumbnail is like "5 lakh to 40 lakh", "Interview Experience in bracket 50Lpa" etc.. Hardly we can see Foreign Editorial things marked with Packages.

#sharing thought.

likeuplifting

Hi guys, had a query around joining bonus return policy in Accenture. If I resign before 1 year but my last working day falls after my date of joining(hence completing 1 year in company), am I liable to return the joining bonus?

like

First phone interview with Amazon tomorrow. Email says Chime is being used. Does that mean this is a video call? Or is this just a phone screen?

like

More Posts

Going in-house full-time ✌🏻

likeupliftinghelpful
likefunny

What’s the best work out of Singapore this year?

funny

I am getting trained in mainframe.
Is it worth to get trained in such old technology and which kind of work I have to do in this tech.

Hard to focus on work because I keep opening Blockfolio and am more interested in the crypto space happenings of the day..

like

What's is average salary for Application Engineer level 4 at Google ? Also how much time it takes after team matching for HC to evaluate and come back with an answer ? Google

like

Hi all,

I have a offer from
Perficient and joining in 2 months time. Question :
1: how is the company in terms of job security and projects? I work with web analytics
2: How is the hike and work life balance.
3: Attrition rate
4: Hike is good but will it be a safer vet like Accenture Operations?

Need some views from people working there.

Thanks in advance.

like

Hello,
My skillset: Oracle Identity and Access management, Java , YOE:3.5

My current CTC is 8lpa, i have an offer from VFISLK 11lpa, and expecting offer from Accenture 12lpa.

Can Wipro match the offer?

Considering wlb and job security, i can stay in Wipro if they match the offer.

like

Looking for Java, Springboot Developers. Kindly DM if you looking out for change or anyone you know is looking having experience in these Skill-set.

Flexible work culture with Prominent WFH.

P. S: Hiring very aggressively, can offer better CTC as per the market standards.

like

Hi folks,
Got promoted for L4 , SIM has been raised for me. Manager and L5 approvals given. HM said its in process and will take sometime. Can someone tell me how long will this process take. Its already been 2 weeks and didn’t get any mail.

like

Anybody else thinks Dinesh D’Souza is an embarrassment to immigrant community?

like

After panel interview how long does it usually take for the recruiter to contact with an offer?

like

For those of you required to be in office- do people use the phone and email to contact you or do they still come by in person? People in my office seem not to understand how the phone works...

like

Post work pour. 1994 Evan Williams SiB. pre fire Heaven Hill

Post Photo
like

29/M , I love to listen , cook and travel internationally.
I am looking for a Female who is funny, stylish and willing to try new things.

like

Can those not picked in lottery earlier this year and whose status still reads submitted still expect a selection over the next 2 months in case those selected are denied approval?

like

How is Geico Home owner insurance ? Already have car insurance from them.

Anyone get into defi? Projects seem to have better use cases than older altcoins, but I don’t know where to start

like

"Stock Market Today: Dow Starts Week on Strong Footing as Energy, Tech Gain"

like

Anyone tried intermittent fasting? How long till you felt different? Is there a point where you should stop

like

Additional Posts in Accounting

DC advice request. Just moved. How's the dating environment here?

like

General accounting experience license versus license with authority to sign attest reports (California). Does this mean the attest license is only necessary if you want to stay in public accounting?

like

Can I own my own business (food truck, operated by my partner) while employed by a PA firm?

like

EY announced no PBB 😔 Still grateful for my job though.

likesmart

Is 69K for staff 1 in Chicago at a mid-tier firm plus a 6k bonus for passing the cpa a good salary?

like

New job at another big 4 and my client list is longer than my peers. When would be best to have a conversation about my schedule? I know there is a need for more seniors and I feel I got stuck...cont

like

Halloween is all about dressing up as something you're not, so I dressed up as a happy accountant with an engaging and fulfilling career. What are you all dressed up as?

like

Specialized tax 3rd year senior to financial analyst. Anyone do this? How so and where

like

Anyone have an idea of how long it takes for the background check to clear at KPMG? Also, do they send you an email or something to let you know it’s done?

likehelpful

What would you choose and why? Core Tax, SALT, or International

How do you know if you’re considered a value employee?

likefunny

What the firms opinion on holding crypto?

like

What is everyone’s thoughts on partners voluntarily leaving the firm?

like

What do managers and above think about seniors with expensive shoes and handbags? Thinking of investing in a very nice everyday bag.

likefunny

Im so burnt out I spent a majority of my day distracted on my phone. Have plenty of things to do on my client but just can’t focus on anything. Just needed to vent

like

Which northern CA (SF or SJ) offices have private client services? What’s it like to work in that practice?

like

Exit opportunities for two years financial services?

like

What’s the most a tax senior associate can make?

like

Does everyone get promoted to Senior, assuming they don't get below a 3 rating and overall solid reviews from all engagement teams?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal