Thinking about putting my 2 weeks in. Currently tax S1 and got an offer to do bookkeeping for a young company local to my new home (which is too far from my office to commute whenever we return in person) New job pays 30% more base salary + bonus.
I just took on a bunch of tasks because other people left or are going on medical leave and now when I leave I don’t know who’d have capacity to take my work over. Should I even care? Any chance Oct ‘21 increase would be 30%? 😂 KPMG
KPMG was fine before you joined and will be fine after you leave. Do what’s best for you and if the table turns around, they wouldn’t even hesitate.
You’re right. That’s what I keep trying to tell myself. It sucks being close with the people you work with. You don’t want to leave them high & dry but I definitely need to advocate for myself & my family. Thank you!
Bookkeeping? Nah wait it out for something with more growth. I would even take 20% and leave if the growth opportunity was good.
Rising Star
I would not leave for a bookkeeping role. That’s deadend.
Rising Star
Being a bookkeeper for 5-10 years is a deadend position, yes.
You don’t know if the business will exist in 5 years, much less 10. You don’t know if it will grow to the point of needing a controller. You don’t know what the compensation and benefits would be even if he is true to his word and in a decade gives you the role.
All the while, you’re doing a job someone with a high school diploma can do, while being CPA eligible. In that time frame you could be close partner or MD in public, working for a major corporation in a senior manager type role, coasting at a bigger company making more money with a better title as a senior accountant (very common), or doing many other things with your career that would result in you making more money and probably also having to deal with less BS.
If the title is bookkeeper and it’s a smallish business and you have 1-3 years experience, I don’t think the title is wrong. I think they actually want a bookkeeper and are selling you a dream.
Rising Star
I think if this is a role you are interested in and the pay, benefits, commute, etc are things that work for you, then you should do it. There is no one set path to a happy, successful and fulfilling career.
Don’t worry about KPMG. They’ll figure it out.
There is always turnover and the firms figure it out. Do what’s best for you!
The firms figure this stuff out. They either pile your work onto other employees, or they bring in contractors to help out with the workload.
I am leaving KPMG at the end of the week. While a job isn't all about money, 30% increase cannot be ignored. I am leaving for less than a 10% increase but is well worth it. Heck I would have take a break even offer. What cinched my decision to leave was when Office of General Council and an independent law firm ganged up on me WITHOUT allowing counsel. KPMG wants you to think they're on your side. My experience shows otherwise.
I you think the time is right to change employers, my all means DO SO!
I’m leaving for a controller position. Goodbye for now, public accounting!