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re: Oil & Gas Accountant Salary Question

Posted on 6/20/12 at 11:45 am to
Posted by lynxcat
Member since Jan 2008
24230 posts
Posted on 6/20/12 at 11:45 am to
quote:

I wish. LINK




PwC has the slowest promotion path. It is the only B4 that has a standard 3 years as an associate before promotion.

The example you gave is for the cheapest COL cities. Even so, if you move up the promotion raises a year I guess you are in the 85k range after 5 years. In a more expensive area of the country, 100k is definitely attainable. Starting salary of 56-58 and then run those same numbers.

Then again, the link is an optimistic view for tax/audit for someone who is on the partner track, so it won't apply to the masses.

At the end of the day, most accountants chose the career path for the security of the job rather than the earning potential.
This post was edited on 6/20/12 at 12:03 pm
Posted by reb13
Member since May 2010
10905 posts
Posted on 6/20/12 at 11:51 am to
quote:

PwC has the slowest promotion path. It is the only B4 that has a standard 3 years as an associate before promotion.


I understand but that is a verifiable basis. In most cities (Atl, houston, etc) you won't get to 100 k salary till at least year 7. Now NYC, Chicago, etc then yeah you could probably make 100 k faster. Also these people have their CPA and identifiable experience (companies know what goes on in the big 4).
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 6/20/12 at 12:18 pm to
quote:

At the end of the day, most accountants chose the career path for the "ability to have a more enjoyable social/home life" part of the job rather than the earning potential.

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