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Chief
I would move to another PA firm for a big bump right now and then go to industry for another big bump a year or so later
C1, did you move to advisory?
There is always going to be one off chance that someone was severely underpaid and got a decent bump and the total bump being 40, 50 or even 60 percent. If you are currently close to market, getting a 40 percent for a staff with less than a year of experience is super hard.
Unless you are burnt out and can’t deal with stress and hours, you should stay at least 3 to 5 years in PA. This will help you tremendously with earning potential. With all the craziness of market people with 3 years of experience in PA are making above 90.
This is really motivating me to start put. I read a post the other day that a company is looking to hire senior tax accountants for 80-85k, but the recruiters wouldn't help them because the market was demanding 90-100k and they wouldn't be able to find candidates who would take that deal. Tax senior should be this year so I really need to wait.
Stay. I make 26k more now than I did one year ago as an associate (S1 now). If you wait even just a year, you could get 20k MORE when you leave (think 100k a year from now or 80k now). Plus industry jobs generally get 2-5% raises annually, whereas in PA we’ve been getting more % than that TWICE a year.
It’s definitely worth it to stick it out as long as you physically can haha