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Carl Nassib 👏🏻👏🏻👏🏻
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I look forward to Market Team Meetings.
Thoughts on joining the IRS?
Is the CFE pretty easy?
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Pre-covid, I received a few LinkedIn inmails about 100% remote work and they offered usually a $500-$1000 a month stipend for home office. I would expect something similar from a job that would be permanently WfH.
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I like my toilet paper to be made of gold
I work fully remote, and I negotiated my rate as though I was in person at that office- not less because I was remote and live in a lcol area, and not more because I am using less office resources. The fact of the matter is I am performing the same role and duties as a remote employee as in office, and I feel it should be same pay for same output.
That being said, if you are not taking a role that is less responsibilities/less hours, no, I wouldn’t take a pay cut.
I wouldn’t accept a pay cut or ask for more money. This is going to be the norm for the next 5 years even with the vaccine, the virus is not going anywhere.
I agree with tax manager 2 and accounting manager 1. If remote audit is more preferable for the client - it is definitely more preferable for me as an audit senior. I know there are some drawbacks with working with staff etc. But I feel like our audit team has adjusted to it. And there is no way I could go back to spending 3 hours on commute every day. I’d rather work for an hour longer and chill/workout/live my life for two of those hours.
I took a fully remote job and got a 50% pay raise. Don't sell yourself short.
Can I DM you ?
Aren’t you fully remote now?
Never accept a pay cut unless changing specialities or careers. They should pay market based on your market’s COL. Remote or otherwise.
At my firm the new staff in NYC have a higher billing rate than me (experienced Manager) and I’m in LCOL. I assume that means they are getting paid more than me, so the seniors definitely are. So, it’s a valid question IMO.
I don't know how much traction you would get by negotiating. The purpose of hiring a remote employee is to be able to pay them less, typically because they are in a low cost of living area.
That being said, you miss 100% of the shots you don't take.
That’s just not true honestly. Know several clients that have their headquarters in a more suburban/MCOL area that routinely hire remote workers from urban areas because they need the talent. In this economy many businesses that have a 90s level of tech aptitude have known remote work was not a big deal for a long time.
Would definitely ask for more money if they expect me to do my job remote (post lockdown).
Depends on how flexible they are, I personally would do it so I could either travel or live somewhere with a low cost of living.
Why would you get a pay cut for working from home? Company spends less money on rent, utilities, cleaning etc with you working from home as such you either should remain on same level of pay or get a bit more cuz you need to create office space at your place
That does not necessarily apply to everyone since there are parking spots provided by client/company, commute does not take that much money, flexibility of where and when does not have monetary value and when is not a question cause during busy season you work based on your team’s schedule.
Does any PA company employ people from other countries? I know that deliver has a pretty large Indian team that work on US audits. Do any other firms do the same? And what are salaried are looking like for those folks comparatively to US?
I am in my second remote job getting paid based upon market location of my team. Works for me.
When this all settles, in the medium to longer term, there is no way firms will pay enhanced salaries for HCOL areas when staff WFH in LCOL. Just won't happen.
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Well if you’re applying to HCOL locations for remote jobs and living in LCOL just bare in mind of states that might have the convenience rule like NY. NY is collecting the state taxes for nonresident workers that live outside of NY so just remember LCOL but still paying NY taxes and if you’re in a state like FL or TX with no state income tax good luck on getting that money/credit
People ask some dumb questions on here
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There ARE no dumb questions OP. But mixing up is and are is pretty bad
Being remote is largely a red herring. Your pay etc. will be based on skills, experience, market demand.
****Deloitte has a pretty large Indian team
Even before Covid-19, I’ve always said that one day WFH will be a benefit that is perhaps negotiable. Not every person or position can take advantage of it, in the same way not everybody can take advantage of a maternity or paternity leave.
A first tier help desk person can work from anywhere. They would get more in a HCOL only because that’s the standard today with also the presumption the help desk worker might be in the office to do some actual desk side support.
A Business analyst on the other hand has a set of skills that really is not different in HCOL or LCOL. You are paying for the skill set not the zip code.
I wouldn’t be opposed to getting paid for internet like we are to have a phone. But then again, I suppose I would much rather the cost be donated to causes that aim to give internet to all.
No
How likely do you think it is to negotiate a full remote work in audit (with the same pay)? I mean, I know we are all remote now, but assuming that at some point we will start going back to clients. Would you think public accounting be receptive to moving some employees to full remote permanently? And how would it affect the promotions? If I am at a senior level. If I become full remote officially, would that have effect on my promotion opportunities?
I wouldn’t consider fully remote to mean you don’t go to clients’ offices. You just work from home instead of the office when not in the client’s office. You can’t be in audit and say you’d just rather not go to the client’s office... In tax, fully remote works just fine in my opinion.