Salary expectations?
I have 5 YOE in Public and am asking for 200k total comp. Some recruiters are shocked, while others are like okay. Am I asking for too much? This is NYC btw

funny
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It is too high tbh

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Yes, that is way high for only 5 yoe

likefunny

How do you get to 200k? How specialized is your experience or are you just typical audit? I can see 130-150k base and maybe 15-20% on bonus for a top candidate. Probably on the lower end.

likehelpful

Very high

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Hahahaha

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That’s obnoxiously high if you’re coming from audit/tax and looking at normal industry accounting-type jobs. Still pretty high if you’re coming from advisory but maybe doable if you’re looking for the more highly demanding strategic roles or finance oriented positions

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Don’t pitch it as YOE but type of experience you have and the value of the skillsets you bring and how that benefits the next employer.

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Unless you are in advisory, highly doubt that. I’m 6 YOE in Deal advisory big 4 and just closing in at 200k after bonus.

helpful

Well I’m at 135 base now and Uncle D gave out $35k retention. I’m in asset management and I see the payroll of these folks in finance and accounting making much more

Yeah, you need to get real! And bonuses are never a guarantee

smartlike

you will have more luck asking for tc $175k and wiggling towards $190 through equity/bonuses.

$200k implies another caliber of employee there recruiter may be seeking, especially if someone is wiggling around to $220k..

you’ve likely topped your pay band for your line of work. probably need to enter a new ladder in order to grow towards $200k

You can get close to that in banking + bonuses

It’s high but you have a shot, depending on your specific experience and what’s out there. I’ve seen people go from 170 to triple that (510)

In what world have you seen someone with 5 years of audit experience exit to a $510K job

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I saw an audit manager with hedge fund experience go to a large hedge fund as an assistant controller. He was making about 170 all in in big 4 audit. Within one year at the large hedge fund, his total comp was 510. This was a combination of base and an insane bonus. At large hedge funds, bonuses can be as much as 100% of base salary or more. His bonus alone was in the $300,000 range

I’m getting interviews for 140-170 base and I just started actively looking. The market is still hot so it’s possible. Know your worth. But I do appreciate y’all keeping me grounded on expectations

YOLO

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