What is the benefit of staying in audit until manager?

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$$$$$$$$$$

Only and most important reason

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Getting botox earlier than anyone else.

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I’ve heard the best time to move out is after three years?

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Anything requiring 5 years experience and progressively more responsibility supervising a team?

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You can maybe get controller as an experienced senior with a smaller company. But still, once you get manager in PA you're set and won't have to deal with waiting for someone to die or retire or job hop to get you promotions in private.

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The people on here talking about slow promotions in industry probably have no real experience in industry. They are comparing working for 1 PA firm vs working for 1 industry firm. While everyone knows the best way to get pay increases and job title changes is by switching jobs. Which is easy to do when you work 40-45 hours a week at a decent rate.

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Not much

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The biggest plus imo is (almost) guaranteed promotions. In industry, in many cases, promotion is not guaranteed and it could depend on people above you leaving. In public, you can get to manager being average rated in a finite amount of time.

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ASM1 disagree with that, but there’s definitely more money there. I see seniors leave for controller positions with quite some regularity.

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You can exit to manager positions in industry instead of senior positions... kinda self explanatory lol. It can take a long time to go senior to manager in private but it's only 3 years in PA

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When I see managers leave it’s usually for a much higher position with more potential than what I see seniors going to. Seniors may be able to leave for controller positions at small companies but there’s not a lot of future upside with that. More likely I see them leaving for staff positions or department manager positions at larger companies.

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I think the benefit is mainly if you leave public as a manager and decide you don't like industry after a couple years it'll be much easier to get back in. If you leave as a senior, you'd come back as a senior and who really wants to do that when they're older? Otherwise leaving at senior is good.

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Based on some independent analysis, if one leaves as a manager, even if just promoted, the growth potential is exponentially better than leaving as a senior. I thought this may be a special review to keep everyone in until at least manager .... but I've seen many leave as great seniors but still ten years later getting 3% raises and maybe a bonus ... while I'm already higher salary .... just got time sheets and longer hours typically.

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Staying until manager unlocks potential to be considered for controller positions that you have a very small chance of snagging if you leave as a senior. While you do some managing as a senior, having that title on your resume proves that you do and are capable of managing others...which again, opens the opportunity for higher level mgmt positions.

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That’s easy, more leverage, marketability and $$.. The manager opportunities aren’t the same as senior, if they are your not doing something right .

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You become an experienced slave

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As opposed to what? Changing LOB? Or getting out of PA all together?

Getting out of PA

But how does that actually translate to more money. As in, what positions would I have access to as a manager that I wouldn’t have as a senior?

I opted for the 3 year leave for combo experience, original plan was a 1 year manager and then exit (but I know by then I’d prolly just stay in PA because of added manager flexibility and I do enjoy the client service side). Only reason the plan changed was because I received a good opportunity.

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