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(Audit perspective) I think it comes down to do you think you can handle the stress of a B4 partner expectations. “Prestige” is really not a motivation for me, outside of accounting firm world and CFO/CAO no one really places high value of CPAs in my opinion, so who are you impressing. I’m at GT, make very good money and my stress is very different than B4. So you make partner 2-3 years earlier (guaranteed verse the maybe carrot at B4) and long term money is a few hundred thousand less a year at the later stage of your partner career, but the family time availability and stress level is well worth it.
Promise you I didn’t come in here to lie about my comp anonymously. Lol. What would be the point of that? You can call BS all you want though. What ever makes you feel good.
It’s a “top 30”ish firm. And our avg has typically been around $1m.
It’s better to stay if you have a clear path. Big 4 will always be more prestigious and provide access to the best clients.
Why not hear what they have to say? Big4 partner is probably more prestigious, but who knows if you’ll ever get there. Just making MD doesn’t make partner a sure thing.
PwC same at Deloitte. Very few convert.
What’s the motivating factor? There may be opportunities to go for partner at your current firm, I have seen it happen before.
Not something I would entertain personally.
Why?
Depends on how low you are looking at. If you are staying in top15, then it’s not too much of a change assuming you aren’t working on Fortune 100 audits.
If you really do have a clear 2 year path, stay. The comp and benefits and opportunities are so much better. Depends on how much you’re betting on yourself
If I were in your shoes I’d compare the current comp and long term comp, retirement and ability to defer income options - including any pension. Big 4 is different for Partners vs Managing Directors, but usually both are better than smaller firms - provided continued success in your roles.