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Big 4 Talk
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Subject Topic: Does/Will Big 4 pay overtime soon? (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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rainnyl
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Joined: 18 Oct 2009
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Posted: 02 Dec 2009 at 21:27 | IP Logged  

jpsy422 wrote:

there is compensation for it.  In Chicago, for example, starting salary for a big 4 auditor is right around 52k, for most other jobs, you are probably looking at about 47 or less. So there is some "built in" overtime pay.  While working at a big 4 firm I was given significantly more vacation time than my friends who went to go work for other financial institutions, and I was given no limit on sick days, so long as it was within reason.  Also, most new hires are given a starting bonus (usually 1-3k) and another, sizable, (like 5k) bonus for passing the CPA exam within the first year of employment (and they reimburse you your testing expenses).  Not to mention, when you aren't on a client (which happens more in your first few years than later) your day consists of getting there at 8:30, drinking coffee, putting yourself in the available database, making spreadsheets for your fantasy football team and gossiping on Sametime.


I need to move to Chicago.  My office is crazy stressful.  Even when we're not working, everyone is on the edge waiting to be the unfortunate guy to get picked up on work.  We get 2 months to detox before we go back to 80+ hour weeks.
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Cali CPA
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Joined: 15 Dec 2009
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Posted: 15 Dec 2009 at 04:06 | IP Logged  

Very informational posts. I hear different things from different people with Big 4 firms. I think its luck of the draw, but all my friends that have eventually left to private accounting, their new salaries make the long hours worth it.
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