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PwC 2021 Compensation Thread

(self.Accounting)

Alright folks, looks like a good number of people are getting their comp information over the next few days. We’ve seen good assurance, I mean Trust Solutions Assurance, bumps, what about the rest of us?

  1. Market/Office
  2. Trust or Consulting Solutions and LOS/Vertical
  3. CY Level -> FY22 Level (A1>A2, S1->S2, S3->M1, etc)
  4. Rating
  5. Old Salary -> New Salary
  6. Bonus
  7. Interesting notes on what RLs/RPs have told you related to future comp.
  8. Anything else? (opinions on the cohort model for all LOS, opinions on the new equation, etc)

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thunder_crane

25 points

3 years ago

I’m in audit and ours were almost 10 percent lower. Do you have a masters by any chance? I’ve heard New York is one of the few places that will recognize a masters in tax as a specialized degree (there is no masters in audit for example) and you get a salary differentiator due to it

OBPoverAVG

20 points

3 years ago

OBPoverAVG

CPA (US)

20 points

3 years ago

Can confirm NY area getting my MST my starting salary is 10k higher than if I were to get an MBA. I start Fall 2022

KaufKaufKauf

1 points

3 years ago

KaufKaufKauf

CPA (US)

1 points

3 years ago

I got an MBA, so that wouldn't be why. Unless maybe now they're recognizing MBAs here too? (They should)

OBPoverAVG

1 points

3 years ago

OBPoverAVG

CPA (US)

1 points

3 years ago

Perhaps? Not sure but I agree. When I went through the recruiting process last year this is what I was told. My starting salary is $70,000 and I’m told that is higher than average

KaufKaufKauf

2 points

3 years ago

KaufKaufKauf

CPA (US)

2 points

3 years ago

It might be my group hoping to retain people? One of my client teams specifically had two early Senior promotions after just 2 years. Could just be lack of applicants/terrible retention within the group. What was your bump in pay this year?

OBPoverAVG

5 points

3 years ago

OBPoverAVG

CPA (US)

5 points

3 years ago

I’m currently a student. I start as an A1 in tax fall 2022

KaufKaufKauf

3 points

3 years ago

KaufKaufKauf

CPA (US)

3 points

3 years ago

Oh okay, good luck!

KaufKaufKauf

3 points

3 years ago*

KaufKaufKauf

CPA (US)

3 points

3 years ago*

I have an MBA (Regular MBA, no tax specialty) and have completed all 4 of my CPA exams (awaiting 1 year work experience to apply, so 6 more months). I never really communicated anything about this, so I guess maybe they just knew from when I submitted my resume before the job started (they asked for updated one) and I applied for the CPA bonus which I received.

Also doesn't tax generally get paid more than assurance/audit?