PwC Toronto assurance: being offered a job as a transfer from the US. I’ll be transferring as a senior associate 1 (aka this is my promo year). I’ll be either tier 1 or 2 since I’m an easy promote here in New York. I was offered 61k CAD assuming I’m tier 3. They said they might adjust it if my rating comes in higher. What should I expect if I were either tier 1 or 2? Trying to minimize the salary reduction…

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I made 71k as a first year senior in audit Toronto and was top rated as a first and second year staff (so the base for increase was always as high as it could be). FYI for context. Edit: this is a competing big4 firm but just thought I’d chime in with a datapoint.

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Shoot your shot. Talent is hard to come by right now at the senior levels

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Big4 pay is really low in Canada. You may want better leverage other than just ratings.

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... do you have to transfer for personal reasons or something like that? Why would you move from NYC to Toronto? Your pay will be cut in half and the cost of living is about the same. The quality of your clients will decrease and you will have worse exit opps. I’m having a hard time understanding this one.

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Agreed. Compared with US, pay, exit opp, client base are all much worse here

To all who commented, I’m certainly not doing it for the money. I realize my pay is being drastically cut and I’m not happy about it. Hence why I’m scrapping for every extra 1k cad. I’ll be making 75-80k usd when I leave for a position with the same title that pays the equivalent of 50-53k usd.

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I received an offer to transfer from EY US to Toronto as a senior 1 for 72k cad. Didn’t accept though.

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