fair salary?

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    Topic
  • #172335
    sickofthisexam
    Participant

    Hello all- I just wanted to get some input on a situation I have recently come across at my firm. I recently found out, at no fault of my own, that someone who is at a level below me makes $6-7K more than me. This person has roughly 3 years more experience than me, but I have moved up quicker having been promoted every year at my firm. Last year, I was promoted to a level above this person, who has been at his level for the last 3 years with no promotion. At the time of the promotion neither of us were licensed. Is this kind of thing normal in most firms in public accounting or should I be looking for work elsewhere?

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  • #355348
    Anonymous
    Inactive

    The question is… did u get a raise last year when u were promoted … how would they keep their employees of thy did not give them incentives to stay … ?

    Its really hard for me to answer ur question especially because I have no experience .

    . But… I just wanted to throw the previous at you

    #355349
    Anonymous
    Inactive

    What I've seen at my small cpa firm is that the boss will try to get away with whatever he can.

    I found out that a new hire makes as much as me and I've been here for 4 years. My suggestion is to fight for what you believe you deserve. If the fight goes no where, you will have a clear mind to seek elsewhere.

    #355350
    sickofthisexam
    Participant

    Cpham4- I agree, did you confront your boss about your salary? I think there will always be discrepancies with pay through each level, especially depending on whether or not you were brought up with the firm or hired as an experienced hire. I have been with my firm since college, but from what I've seen, if we hire an experienced person they generally get a higher salary than others that started with the firm. Doesn't make it fair, but I guess the best thing to do is talk to your boss, and if you don't like the results, go elsewhere.

    #355351
    wldcatnc
    Member

    Remeber that 2008 and 2009 turnover was a lot lower and people were begging for jobs. The firms were able to bring people in at a lot lower salary. If you were a lucky one during those times and were able to accept a job, the odds are pretty good after 2-3 years you would be promoted, making what a new hire would make.

    FAR: 81
    REG: 85
    AUD: 73,71,83
    BEC: 82

    DONE!!!!!!

    #355352
    Anonymous
    Inactive

    During my career thus far I've had to ask two different employers for raises because I felt I was being underpaid. In one case I got what I wanted and in the second case we met in the middle. Absolutely don't be afraid because 9 times out of 10 they KNOW they are underpaying you, so don't feel like you're coming off as a malcontent. I waited until my annual review in both cases because it was the perfect time to address it AND I did plenty of online research to see what comparable people elsewhere were being paid so I was ready to negotiate. If you lay out a good case, don't come off as a douche and you're a good employee they'll pony up… Remember, the squeeky wheel gets the grease. So true in the business world.

    #355353
    futuremdcpa
    Member

    Last firm I worked for as a tax preparer (while finishing my junior year), I asked for a raise every year. For the first year they gave me a dollar raise. Second year I asked they offered $0.50 cents.. 50 CENTS!!? I politely said I would be expecting a bit more, and he then gave me $1.50, a dollar more.

    They will always lowball you, and they will know that they are underpaying you. They know they can get away with this because many people are a bit nervous to ask for a raise. Ask! Whats the worst that'll happen? They'll say no? ..

    REG: PASS || BEC: PASS || AUD: PASS || F: SCORE PENDING..

Viewing 6 replies - 1 through 6 (of 6 total)
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