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re: Oil & Gas Accountant Salary Question

Posted on 6/20/12 at 11:51 am to
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 lynxcat
Member since Jan 2008
24230 posts
Posted on 6/20/12 at 11:58 am to
quote:

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).


This all disregards the possibility of leaving the firm. Everyone knows the B4 underpays on the premise that it is "the best accounting training ground", so the typical exit to industry creates a 20-30% raise.

The conversation goes to show why most in the B4 would transfer into a consulting line of business at the drop of the hat
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