With the 1/16/22 pay raises PwC just did I only need a 15% raise this July when I’m on track for manager promotion to cross six figures. That’s almost a sure thing it’ll be more than 15% right?
Also I live in very LCOL, I know six figures only as a manager is not normal nationwide

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I certainly don’t think 15% is a given. Are you getting promoted this year?

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I’m a S1 for mid year promoted and am at 6 figs. I’m definitely at a higher cost of living area but I sure hope you get to 6 figs

I got a 25% raise in 2021 when I got promoted to manager, and that was after a mid year raise. I think 15% is reasonable.

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I got 40% raise when promoted to manager in July. No raise the July before but 5% mid year adjustment in Jan 2021. 15% is reasonable even if they got a monster raise last year - all the firms are still hurting

Line of service is important. If you’re in audit “very LCOL”, I highly doubt 6 figures unfortunately. Tax & advisory will be higher.

Not sure where you’d tier Atlanta, but M1 audit was around 90-95 before the 5% bump.

Of course the milestone bonus in April & your bonus on your last senior salary in September will put you around 140 total comp, then you’d get a raise a few months after the milestone bonus which would put you in 6 figures base salary as an M2.

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15% raise seems high

I’m NYM and got 15% this past year, but that was also when all of us kinda thought we were getting extra since year before was nothing

It depends where you already sits as a senior. They might give lower % increase is that will. Still put you in the manager band. If you were on the low side as a senior, might need higher % increase to put you in the manager salary band. Nothing is given and it’s not always based on %

In other news, why?

I’d just like to point out that this thread largely contradicts the other thread on the app lately that is telling a manager in tax that he’s drastically underpaid for hoping to exit public at 120k in private as a new-er manager.

As someone that spent 2 years in public and 3 in private, I received a cumulative 16% increase in public during my time there. I’ve received a cumulative 71% increase during my time in private. I’ve only left 1 employer after public to aid in this trajectory.

Public Accounting Is A Racket. That is all.

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