Big 4 Salary negotiation tips

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    Topic
  • #195736
    Anonymous
    Inactive

    Hello,

    Just curious if I was getting hired as a first year with 6 months of full time experience, Masters in Accountancy and completion of CPA exam requirements, would/should I negotiate my salary?

    Thanks!

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  • #685218
    fuzyfro89
    Participant

    You can try, but the value of a first yr staff is pretty low, so it's not likely that they will offer you more than the range for staff in that office.

    However, you should always ask. From what I know, experienced hires tend to get paid a bit more since they are presumably making up for some shortage in their budget/forecast for staffing needs, but don't expect a 5k difference. It will be more like 1-2k… if that.

    Also, know that in the next year's raise/performance review, you probably will start to be “brought in line with market” if you were very high when you joined initially. For example, if you join as a staff making 55k while most staff are at 53k, and the next year staff get a raise of 10% to 58.3k… then you may get a lower raise to bring in more in line with your peers. It may not be exactly to match 58.3k, but you likely will be at 60.5k… all else equal.

    #685219
    acamp
    Participant

    Ensure you'll be eligible for the CPA Bonus; be able to claim your $5K bonus on day 1 with your exams already completed.

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    #685220
    Anonymous
    Inactive

    I came in to PwC as a first year from a small firm wiht 8 months experience and CPA tests done. NON NEGOTIABLE starting salary since its under 1 year of experience.

    #685221
    Anonymous
    Inactive

    If you are going big 4 just be prepared to be paid incredibly low regardless.

    #685222
    Anonymous
    Inactive

    Thanks, I was told nonnegotiable as a first and the recruiter mentioned the 5K Bonus for passing CPA.

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