Raise once I pass

  • Creator
    Topic
  • #193459
    shanek327
    Participant

    I’m in private, and after communicating with management they guaranteed my salary be reevaluated and increased once I pass the exam.

    I’m at 50k now (which was my starting) what do you think is reasonable to ask for once passing?

    FAR - 75
    AUD - 78
    BEC - 82
    REG - 77

    2 Corinthians 5:21

    Our value does not come from our skills and abilities, as good as they may be; it does not come from our GPA, our job, a promotion from that job to a better job, our success on the CPA exam, or anything of the like; but our value comes from the fact that we have a Creator who loves us, cares for us, and desires to help us navigate the rough waters of this life in a way that provides security, hope, and true, everlasting joy while we anticipate the life to come, with Him.

Viewing 9 replies - 1 through 9 (of 9 total)
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  • #662480
    Kettlepot
    Participant

    I wouldn't settle for a penny less than 50k!

    Far: 49
    BEC: 79 (Expired)
    AUD: 51, 67, 64
    REG: 59, 64, 59, 69

    #662481
    Anonymous
    Inactive

    raise once you pass ahahahahah ahah a a

    ahahah hahhhaha

    hahahahaa.

    Hopefully you get your test fees reimbursed.

    #662482
    OnMyWay732
    Participant

    What do we think is reasonable to ask once you pass?

    How about, “Can you please not fire me now that I am a CPA?”

    AUD - July 2014 - 76
    REG - August 2014 - 82
    FAR - November 2014 - 78
    BEC - January 2015 - 81

    DONE!!!!

    Used Becker online. Who needs a text when you can burn your eyes out staring at the screen for months on end?

    "Let me tell you something you already know. The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you're hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

    #662483
    ruggercpa2b
    Participant

    It's going to be really hard to ask for a large raise if you are still doing the same job. Based on posts I have seen on this forum I think some people have suggested asking for 10%. When they said they would reevaluate your pay did they suggest that you would be involved in telling them how much you think you should be making once you pass or are they just going to call you in the office and tell you a number? You might want to know that first before getting your hopes up too high.

    And I would research to see how much for the same experience you will have and a CPA people are making. If I remember correctly you were talking about telling them you had another offer elsewhere to get a raise. Is that what happened and now they have offered you more money once you are a CPA?

    I am always skeptical of the promise of a raise or a promotion because it does not always happen. Lets say it takes you 18 months to be done with the exam will they still be open to giving you a raise? And will the guy that has promised you the raise even still be around.

    AUD - 73, 72 retake 7/2/2016
    BEC - 8/20/2016
    REG - TBD
    FAR - TBD

    I am so ready for this nightmare to be over. Been at this way too long.

    #662484
    Anonymous
    Inactive

    You maybe should've discussed that when you came to this agreement. Anyone is going to say “Sure, I'll give you a raise when you pass” just to get you out of their office.

    How long have you been in your current role? Are you “license-ready” when you pass, or are there still other significant requirements you haven't met (more coursework, work experience,etc.)? Are you hitting all the marks they've set for you? Would it hurt them to lose you, or are you easily replaceable? Is this a company that can afford to give you a significant, unbudgeted increase in salary? Because I can pretty much guarantee there ain't a line item in your company's budget that has your name on it.

    And perhaps most importantly, do you have a Plan B if they tell you to pound sand? Never go in guns blazing if you don't.

    #662485
    fsugirl2005
    Participant

    If you absolutely love your job, stay and hope for the best. But if it's so-so and you get excited thinking about better prospects, I would start applying elsewhere. Some companies love fresh meat that have passed their CPA exam.

    AUD - 10/21/16 (75----07/2010 expired)
    FAR - 10/28/16
    BEC - 11/2016
    REG - 01/2017

    Using Gleim CPA Review, Ninja Audio, Ninja Book

    #662486
    Anonymous
    Inactive

    In industry, your being a CPA doesn't put additional dollars into your company's pocket, so the raise (if any) due to passing or getting licensed will likely be lower than in public – just keep that in mind. I'd think at most ask for a normal raise amount in addition to the normal raise…so say 3% is standard for your employer, I'd maybe ask for 6%. Anything more than that would require a significant change in your value being added to the company since your last real pay evaluation/negotiation.

    #662487
    Tscape16
    Participant

    If you're still at your starting wage, I'm going to assume you haven't even been there a year. If you have been, the fact you're still at your starting wage says something too. If either is the case, I'd probably be happy with what you have because after only a year, or if you didn't progress far enough in your first year to earn a merit raise, you might just be out of a job asking for a raise right out of the CPA gate. Not to mention, I don't think it wise to begin speculating wage increases when you are just beginning your CPA journey.

    FAR - 90 ✔
    BEC - 86 ✔
    REG - 82 ✔
    AUD - 92 ✔
    ETHICS - Passed

    *Licensed CPA

    #662488
    Anonymous
    Inactive

    Just go into public. The raises are much better.

    It seems to me that there is no reason to bust your hump in industry. The raises are just as good in Communist societies.

    If you get your CPA in public and your boss doesn't give you 20%, just go to the next firm. They'll add 20% to whatever raise your boss gave you and give you a 10%-15% signing bonus on top.

Viewing 9 replies - 1 through 9 (of 9 total)
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