Was the accounting “market adjustment” just a last year thing or do we think they’re gonna do it again this year since the economy didn’t change?

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Ask yourself this question. If you went out to the market for the exact job that you have now with your ratings would you get a job offer that was way different than your current salary?

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I went out and got myself a $35k market adjustment for a lateral move.

My sector of PwC said no because they already gave us "large raises" during our promotion/raise cycle a few months ago

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Lol right, the raises weren't even that great

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One time adjustment

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Lol probably

Agree, one time adjustment. Big 4 is already factoring in a recession next year.

Big 4 is much more exposed to a Wall Street /mega cap recession. They rely much more on IPOs, mega transactions, consulting opportunities more than the next tier. Stock market down = bad for Big 4. Not nearly the same impact for us little fish. We Might even benefit from talent acquisition when Big 4 starts cutting the fat

However, big 4 cuts will absolutely put downward pressures on salaries across the board. Disinflationary cycle is coming our way 😬

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