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Probably not going to be layoffs but could be a slowdown or freeze in hiring. If you’re worried and want to make a safe bet, tax areas with compliance remain strong through recessions.

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K2, that was voluntary. The staff had to express an interest in doing that. There has been no required loan out of M&A tax staff to compliance.

I was also worried about this and told I would be helping out with compliance work this season.

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TM1, what firm are you at?

What is the comp like at A&M?

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EY1, regarding bases: 130k for S, 150k for M

A&M don’t have COL adjustments so those should be pretty much what you’ll be getting anywhere in the country

The bonus is based on collections. I’d ballpark it at 50-150k

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Come over to A&M, we have more comp and if a recession hits and deals slow down, we’ll start you on restructuring work :)

That’s great to know. Thank you for the insight!

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