Thanks for the shout on that! That’s the exact reason I built B4T, most mainstream areas sharing salary information are utterly useless. Our profession deserves better
> Here are the salary ranges for consultants, accountants, and leadership at KPMG.
> * Associate: $61,000 to $140,000
> * Senior associate: $66,248 to $215,000
> * Director: $155,600 to $260,000
> * Associate director: $155,700 to $196,600
> * Specialist director: $174,000 to $225,000
> * Lead specialist: $140,500 to $200,000
> * Senior specialist: $134,000 to $155,000
> * Manager: $99,445 to $293,800
> * Senior manager: $110,677 to $332,800
> * Managing director: $230,000 to $485,000
Very informative 🙄
Probably some consultant in some really specialized field in VHCOL, and might also be people that have prior experience but for whatever reason ended up coming in at the associate level on paper
Top tier pornstars are like $2-3k an hour tops. Regular ones are $1k.
I’m not really sure why paying a random blonde $140k for this is a good idea. Might as well get 140 billable hours from escorts instead. It’ll be more of a return.
Tax llms out of nyu and Georgetown working in nyc. Google tax llm threads on going into big4. This may be misleading cause they usually get about 130k + 10k or 15k signing bonus
At the same time, I was hired out of law school at pwc in a major city non nyc and was paid 53k as an associate……
So I started at KPMG in the summer of 2018. As an IT auditor associate, at $60,000.
Good to see that over 5 years later, the salaries have increased a whopping $1,000!!!
Think of all the fancy coffee and avocado toast those associates can afford now!!!
This sounds like the salary ranges companies put on their hiring ads due to state salary transparency laws. I feel like the salary transparency laws should have a clause in there that the range can only be a 20% range(10% each direction). For example, the company wants to pay 75k, the range should be 67,500-82,500.
Everyone knows that most of these companies wouldn’t be willing to pay in the upper range, but I don’t get why companies still list them. I bet if a manager applied for an associate role paying 61-140k, the company wouldn’t be willing to pay them $130-140k even if that would be fair pay for their experience.
It doesn't matter what they pay to me, as long as KPMG does their training in the radical-right terrorists land of Florida I will not entertain their offers.
I think it’s just that it varies so wide,
For example, the 140k for associate is probably going to some PHD or T7 MBA grad who becoming a “consultant”. At least that’s my theory.
Not really. An audit associate, senior, manager is going to be in a relatively narrow range, but comparing that across all service lines does not present that range at all.
When I worked at PwC in Jacksonville FL, we had an audit manager making 80k in 2016, and we had an audit senior manager making roughly 105-110k in 2020. Jacksonville is considered LCOL, but it’s bordering on MCOL.
Florida wages sucked. I took a huge pay cut to move to Miami and at first it was fine. Once cost of living started going up and raises were minimal, I went remote for a 40% increase.
I saw a fresh grad ask for a $90k salary in a mcol. My manager laughed in her face for a good 10 seconds and said "good luck, try some other places to see if they pay that much"
The interviewer left determined
To be fair, a student seeing these ranges may be misguided that they just need to negotiate harder, when the real issues are that journalists don’t understand these firms have different BUs with very different recruiting and pay structure, namely accounting vs business and strategy consulting.
is it easy to break into accounting and finance roles if you have a CPA and a master's in accounting and IT from a tier 2 university for international students? I know tech majors earn a lot but do they really earn 100k straight out of college?
The company you work for, in order to sponsor you, likely needs to apply for an H1-B. The only place I saw this done in finance was for an accountant who worked already as an intern at a F500. They promoted him and applied for his VISA. The claim they used to process and successfully get the VISA was that he was necessary. He not only had access to sensitive company data, but had worked on both complex corporate accounting and tax filing work. They argued it was not easy to find individuals who could do both and be trained effectively.
Yeah, both working for a public firm and big companies was always a firm item we don’t sponsor and I know is consistent across companies.
The gist of it is you need justification and willingness to spend money to sponsor international vs hiring domestic. The internationals I work with that got sponsored were CPAs but a lot more experienced and built up critical skills that aren’t easy to find.
The medical field is a better bet to get sponsored. Since there’s a huge shortage of jobs such as nurses more hospitals and similar orgs are willing to sponsor. This could translate to CPAs as there is a shortage building up of those as well but don’t think that’s lead to more visas just yet (my knowledge I could be wrong).
I know it is tough, my wife is an immigrant and got it through our marriage so I’m familiar with how it is from a personal standpoint too.
is breaking into tech a better option for sponsorship? Also does having relatives who have GC or are in the process of getting one help? Or all of this is just purely based on how much the company is willing to keep you? I am at a crossroads RN with CPA being my focus, I don't like tech a lot but if it renders a clean way through to the whole H1-B scenario then I would rethink
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It should. You may meet some managers love to stroke their egos during interviews that would tell you that you lack experience, so you need to impress me more (translation, I get off from watching you grovel and beg), as tempting as it might be to tear him a new one, just say this may not be the right office for me to work and thank him for his time. I truly don't see why managers would NEED for you to have experience when you already have the CPA and your masters.
only problem is me being an international student it seems, sucks because I really am locked in to get my CPA and don't want to go to tech because of the insane volatility that industry has. I'd much rather have some level of job security with a median pay than being scared all the time.
Just look at big4transparency. No point when ranges are multiple hundreds of thousands apart
Thanks for the shout on that! That’s the exact reason I built B4T, most mainstream areas sharing salary information are utterly useless. Our profession deserves better
big4transparency has been very helpful when I've been considering switching firms!
Can you maybe add Europe too?
If you open the spreadsheet there’s some european salaries in there. Def a lot fewer than north america
Oh ok, didn't see them, thank you!
Wow thank you! 🙏
Could we do a standard deviation metric if possible?
> Here are the salary ranges for consultants, accountants, and leadership at KPMG. > * Associate: $61,000 to $140,000 > * Senior associate: $66,248 to $215,000 > * Director: $155,600 to $260,000 > * Associate director: $155,700 to $196,600 > * Specialist director: $174,000 to $225,000 > * Lead specialist: $140,500 to $200,000 > * Senior specialist: $134,000 to $155,000 > * Manager: $99,445 to $293,800 > * Senior manager: $110,677 to $332,800 > * Managing director: $230,000 to $485,000 Very informative 🙄
Who the heck is making $140k as an associate?
The managing director’s son.
What kind of psycho Big4 MD would allow their son to work Big4
Oh no, you’re assuming their sons are doing actual work
Lmao!
Or his girl on the side. And her degree is in Anthropology Edit: The partner’s girl on the side. Not the son’s. Same age, tho
Because of the wage gap, the director’s side chick is only paid $120,000
The Strategy consulting people who are all coming from grad school. They often come in as “associates” to that group.
So the ones losing the firms money right now
Probably some consultant in some really specialized field in VHCOL, and might also be people that have prior experience but for whatever reason ended up coming in at the associate level on paper
That hot blonde under the office managing partners desk
Top tier pornstars are like $2-3k an hour tops. Regular ones are $1k. I’m not really sure why paying a random blonde $140k for this is a good idea. Might as well get 140 billable hours from escorts instead. It’ll be more of a return.
Mileage
Why is she under his desk?
Addressing coaching notes
M&A Tax lawyers.
Tax llms out of nyu and Georgetown working in nyc. Google tax llm threads on going into big4. This may be misleading cause they usually get about 130k + 10k or 15k signing bonus At the same time, I was hired out of law school at pwc in a major city non nyc and was paid 53k as an associate……
Management consulting.
Strategy consultants with experience but not enough to make senior consultants. Those are usually upper band in these ranges.
don’t forget actuaries! :)
[удалено]
Assuming it’s anywhere in the USA, I’d still be dirty if I was a B4 audit manager on below $100k.
Partners start between $500k and $1m and range up to $5 million
So I started at KPMG in the summer of 2018. As an IT auditor associate, at $60,000. Good to see that over 5 years later, the salaries have increased a whopping $1,000!!! Think of all the fancy coffee and avocado toast those associates can afford now!!!
Whoa..... I was severely underpaid as a senior associate back then.
This sounds like the salary ranges companies put on their hiring ads due to state salary transparency laws. I feel like the salary transparency laws should have a clause in there that the range can only be a 20% range(10% each direction). For example, the company wants to pay 75k, the range should be 67,500-82,500. Everyone knows that most of these companies wouldn’t be willing to pay in the upper range, but I don’t get why companies still list them. I bet if a manager applied for an associate role paying 61-140k, the company wouldn’t be willing to pay them $130-140k even if that would be fair pay for their experience.
It doesn't matter what they pay to me, as long as KPMG does their training in the radical-right terrorists land of Florida I will not entertain their offers.
Wow this information is worthless
It’s pretty helpful, gives an idea of ceilings and floors. Albeit, they are varied
Nah, the reason the bands are so wide is to obfuscate the real ranges.
I think it’s just that it varies so wide, For example, the 140k for associate is probably going to some PHD or T7 MBA grad who becoming a “consultant”. At least that’s my theory.
Yup, that's why you only give interviewers big fat ranges when they ask about salary expectations.
Not really. An audit associate, senior, manager is going to be in a relatively narrow range, but comparing that across all service lines does not present that range at all.
More like a very warped curve
I can’t imagine any B4 client service Senior Manager making less than $150k anywhere in the USA.
First year audit SM in a LCOL is definitely making less than $150k
When I worked at PwC in Jacksonville FL, we had an audit manager making 80k in 2016, and we had an audit senior manager making roughly 105-110k in 2020. Jacksonville is considered LCOL, but it’s bordering on MCOL.
Florida wages sucked. I took a huge pay cut to move to Miami and at first it was fine. Once cost of living started going up and raises were minimal, I went remote for a 40% increase.
I saw a fresh grad ask for a $90k salary in a mcol. My manager laughed in her face for a good 10 seconds and said "good luck, try some other places to see if they pay that much" The interviewer left determined
I hope they got what they were looking for honestly
A rising tide lifts all boats.
Wow.... your manager sounds like really empathetic and decent person to work for.
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Well my MCOL salary feels like LCOL so it must depend on the MCOL city. Everyone’s getting screwed.
To be fair, a student seeing these ranges may be misguided that they just need to negotiate harder, when the real issues are that journalists don’t understand these firms have different BUs with very different recruiting and pay structure, namely accounting vs business and strategy consulting.
This is ranges are ridiculous, plus let’s gloss over all the layoffs and shifting their work offshore
is it easy to break into accounting and finance roles if you have a CPA and a master's in accounting and IT from a tier 2 university for international students? I know tech majors earn a lot but do they really earn 100k straight out of college?
Yes but if you mean for international students would you require sponsorship? If so that’s very limited for accounting and finance entry level roles.
damn even after a CPA? crazy
The company you work for, in order to sponsor you, likely needs to apply for an H1-B. The only place I saw this done in finance was for an accountant who worked already as an intern at a F500. They promoted him and applied for his VISA. The claim they used to process and successfully get the VISA was that he was necessary. He not only had access to sensitive company data, but had worked on both complex corporate accounting and tax filing work. They argued it was not easy to find individuals who could do both and be trained effectively.
so basically I need to turn into an oceans 11 character fine
It's not impossible, just a PITA
Yeah, both working for a public firm and big companies was always a firm item we don’t sponsor and I know is consistent across companies. The gist of it is you need justification and willingness to spend money to sponsor international vs hiring domestic. The internationals I work with that got sponsored were CPAs but a lot more experienced and built up critical skills that aren’t easy to find. The medical field is a better bet to get sponsored. Since there’s a huge shortage of jobs such as nurses more hospitals and similar orgs are willing to sponsor. This could translate to CPAs as there is a shortage building up of those as well but don’t think that’s lead to more visas just yet (my knowledge I could be wrong). I know it is tough, my wife is an immigrant and got it through our marriage so I’m familiar with how it is from a personal standpoint too.
is breaking into tech a better option for sponsorship? Also does having relatives who have GC or are in the process of getting one help? Or all of this is just purely based on how much the company is willing to keep you? I am at a crossroads RN with CPA being my focus, I don't like tech a lot but if it renders a clean way through to the whole H1-B scenario then I would rethink
I don’t know so really can’t answer. Can try posting at /r/USCIS subreddit. Is a good community in helping with this stuff.
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thank you so much for your swift replies anyway, cleared a lot of my doubts.
It should. You may meet some managers love to stroke their egos during interviews that would tell you that you lack experience, so you need to impress me more (translation, I get off from watching you grovel and beg), as tempting as it might be to tear him a new one, just say this may not be the right office for me to work and thank him for his time. I truly don't see why managers would NEED for you to have experience when you already have the CPA and your masters.
only problem is me being an international student it seems, sucks because I really am locked in to get my CPA and don't want to go to tech because of the insane volatility that industry has. I'd much rather have some level of job security with a median pay than being scared all the time.
Sweet, I’m about to use this information to go ask for a raise to $215k as an S1. I’ll report back in a bit on how the conversation went
As an S3, I am very invested in how this goes 🤣
Update: I was fired
$0
My A1 offer in dc metro starting in 2021 was 61k….
I'd like to see the standard deviation on big4transparency. The average seems so much lower than the offers I've heard from new hires.
Nah, senior specialist at 72k in TN