CompensationDec 2, 2018
VerizonjlTI16

Is big 4 audit compensation worth the long hours?

How do the big 4 compensate their auditors? What is the entry level base? Do the big 4 accounting firm pay you enough for the long hours to be worth it?

Citibank $$>RSU Dec 2, 2018

The comp itself no but you can make lots of connections and it opens lots of doors

Verizon jlTI16 OP Dec 2, 2018

I started as a staff accountant at Verizon Corp Finance. I've been here over 4 years and been promoted to consultant. Should I switch to public accounting? People normally do the opposite

Microsoft uss Dec 2, 2018

You are in Verizon NYC? How is your current compensation?

Verizon jlTI16 OP Dec 2, 2018

NYC is their marketing tax and executive hub. Verizon Finance is in Florida. Base 68 with 12% bonus. They normally realize 98 to 99% of bonus

Amazon 6” Indian Dec 2, 2018

Big 4s are like schools. You will learn a ton and make connections. Just don’t care too much about salary at early career

Amazon GeekJack Dec 2, 2018

Not worth it all all. Pick a new profession. New programmers get $150k out of college. $250 at top tier tech companies. New auditors get $60k and need masters degree for a cpa and advanced positions

Nvidia dlee4321 Dec 2, 2018

Yea I would recommend that too but I don’t think software can be innately picked up by most people (ie.. would fail out of basic c class at university sadly)

Nvidia dlee4321 Dec 2, 2018

I think it is a good stepping stone when your young(before it was partner or bust as a career track but I heard that an associate partner was created) ... note that everyone who used it as a stepping stone and moved into private corporate were infinitely happier

Amazon GeekJack Dec 2, 2018

It’s stepping stone to more shit jobs.

Nvidia dlee4321 Dec 2, 2018

The dynamic range of a good vs mediocre audit pales in comparison to an engineer so there is less superstar mentality ( connections matter a lot but if you can become a director of accounting at a tech start up it is not that bad if u do not have a knack for technology)

Nvidia dlee4321 Dec 2, 2018

Not that bad meaning the actual tc which i see being thrown is like a middle pack engineer who is probably still super smart

Citibank $$>RSU Dec 2, 2018

Throwing around TC as a comparison is dangerous given how overvalued tech is. November was just a dress rehearsal.

Verizon jlTI16 OP Dec 2, 2018

What is TC and what happened in November?

Nvidia dlee4321 Dec 2, 2018

Tc= total compensation and i guess what happened recently with tech stock crashing

EY snoflak Dec 2, 2018

Pls don’t move to big 4 unless you are ready travel and work crazy hours and manage unpredictable schedules