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BNY Mellon technology specific questions -
#0 How much max salary for grade K ?
#1 How long does it take to promote in bny from grade K to L ?
#2 Any specific criteria for promotion? Expr , certification etc...?
#3 How much % hike to expect post promotion ?
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Not every public CPA firm uses the title Jr Accountant. At the 3 firms I've worked at, we did not have Jr accounants. We used titles of Staff Accountants and Senior Accountants. So if you negotiated for more money and a better title, they probably did consider that as a Senior Accountant, expecting you to be pleased. If the job description is the same (as you say it is), and the years experience is more (complimentary to your worth and knowledge), and the $ is more, I'm not sure why you are offended, TBH. Sounds like you can pick one or the other, your choice. Maybe I'm missing something.
That maybe the case in other states but in California there are pay range transparency laws that prohibit employers from not disclosing clear pay ranges for job postings and job offers. This isn't about titles it's about fair pay and in good faith negotiations.
You shouldn't feel annoyed; rather, you should be flattered that they put you at a higher level. I suspect it may have something to do with your salary band. I'm a B4 partner, and at my firm, we have fairly rigid bands for pay. This is done for a variety of reasons, including fairness and equity. Your new firm may have realized that your negotiated salary fits better as a new senior instead of an experienced staff (we have staff and seniors, no such thing as a junior accountant at my firm). You're still going to be a new guy doing roughly similar work. Don't sweat the small stuff - if they think you're ready to be a senior, then you're ready to be a senior. Good luck!
That maybe the case in other states but in California there are pay range transparency laws that prohibit employers from not disclosing clear pay ranges for job postings and job offers. This isn't about titles it's about fair pay and in good faith negotiations.
I'm a little confused. They gave you the raise you asked for? And a higher title than you originally asked for? And you not happy about it?
Am I missing something, because this sounds like a win win?
Based on what you have described, I don't think it's meant to be that sneaky. But you are closer to it than me so I could be wrong.
This may only apply to lager firms and not be relevant for you, but firms don't always benefit from you having a higher title. As a manager, most of the contracts I work on for clients contain fixed fees. We do x work for x dollars. And that is what our team prefers.
When fees are fixed, no one involved cares what your title is. The client only cares that you can professionally complete the work. And internally, the firm wants to work done right, within budget and at a good margin. We look for abilities not titles. I would actually prefer someone with a lower title if they could produce the output.
We have never told a client we have x level of people doing the job. In fact we would probably not do that to keep flexiblilty of who we staff to the work.
Is this for a large firm position or a company?
Here at CR, we post roles at certain titles and then adjust the title the person is hired at based on their desired compensation level, not what we actually posted it at. Drives me insane and creates distrust, but that’s what we do..