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Received an offer as Engagement Director from Salesforce (CSG, pre sales, L9). Great benefits package, 40% increase in total comp and better WLB.
I do love the people in my practice and current client, but career trajectory has stalled after taking parental leave earlier this year and (yet another) change in leadership.
Realistically, making to Director is 2-3 years away and will require sacrificing time with my family that I am not prepared to give up.
Should I stay or should I go?
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How much yearly hike can one expect at Société Générale ?
"Depends on performance" seems to be a very vague answer.
Can someone please elaborate on a better answer.
Also, Can someone shed some light on promotions?
Is there any policy, like you have to work for X years to be eligible for promotion etc.
Thanks in advance.
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Making partner at a small firm is really not the same as making partner at B4. You have to weigh up the pros and cons for each and decide what's best for you and which you'd enjoy the most. Earnings, client base and central support functions/resources are all likely considerations but some people would prefer to be a bigger fish in a small pond!
I don’t understand your scenario. You can make partner quickly but don’t see a long term path?
My current firm is a Big Four. I’m in a small market with no partners in my service line and just don’t see how I’m going to make partner here. If I go to the small local firm, I could make partner quickly because I know the partners and there a lot more potential clients for a firm that size in my market.
I went from being a SM at a top 20 firm to one ranked like 150th made up of small 1040 shops. They brought me in to work on their ‘large clients’. I hate my life so much. The only positive is IDGAF about anything and am succeeding because the expectations are so low with the kicker being I get paid well.
If you’re going to make the jump realize they’re going to expect you to do bookkeeping, payroll, 1040s and small business returns. The majority of the work is bookkeeping cleanup for clients who have no idea what they’re doing, then they just plop the numbers on the tax return and send it out the door. Then there’s the 1040s…..🤬. If you’re lucky you’re going to a firm that has an actual audit department. In my firm that side is ok from what I know but super risk averse. The amount of testing they do is asinine. Feel free to reach out with any additional questions.
The reasons you state are why I moved to a small shop too. I was going to learn how to work on small clients then setup shop. After 1-2 months I knew I could never do it because I’m chronically triggered by these clients lol. Good luck!
I left Forvis last year. Straight up quit with nothing lined up. Took the summer off. Started with a new firm last fall. About 55-60 people. I am so much happier.
I am assurance/consulting only. That was part of the deal with bringing me on. Currently most people there do both taxes and assurance work excluding the outsourced accounting department. They are the group that does accounting and bookkeeping work (it's not an offshore group that works on audits, etc.). They do have a few people that are tax only and I'm currently the only person that's assurance only.
Overall it wasn't a bad adjustment. I think it was a good decision for me.