Raises must be a thing of the past. I've been at my current firm since 2020, and the raises have been a joke. I know I'm underpaid compared to what's out there now. Would it be worth trying to have a more serious conversation with management, or should I just face reality that job hopping is the only path to real money?

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I think the more grim reality is that job security is quickly outweighing many other factors.

The market is brutal... I honestly would accept things as they are and hope market picks up before having such an conversation. But what do I know... I was unemployed for 7+ months and had to take a contracting role for 20 k less than I was making before. I have 7+ years in accounting, 6+ years in CPA firms - audit practice, and have my CPA.

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The actual reality is that there is no money in the economy right now. You can try to find another job, good luck, but do not have a raise discussion right now or risk being included in layoffs as they will label you a flight risk for being unhappy

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Define “raises have been a joke”. What do you think is a realistic raise % for “meeting expectations” vs a higher performer? There has been a global economic slump since 2020. If you think you can get more by moving around, then do it, but all Big-4 firms are doing layoffs these days.

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Slump? Really?

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You should have been making moves 2020-2023. Now it’s harder but they should have been giving good raises during those years

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