The money is shite relative to your hours and quality of life, even as a partner
Nah, the pay is pretty awesome for partners even considering the quality of life. Especially on the advisory side, partners do pretty well for themselves. Dunno, maybe audit partners don't make much.
This REALLY varies. You have plenty of partners in the Big 4 who don't work all that much or really contribute much and pull in a steady and secure $600-$800k a year.
It is on the back of the associates and seniors who work 60-70 hours a week during busy season and 30-40 hours other parts of the year. The associate and senior life in the Big 4 is a terrible quality.
Then managers and directors are somewhere in the middle. They make good to very good salaries and work hard to not very hard depending on their circumstances.
Public accounting always has and always will be about being vastly underpaid with a low quality of life the first 5 years or so, being paid about right from year 5-10, then usually after about year 10 or so, probably being overpaid for the quantity of work done (in general).
This post was edited on 2/20 at 2:35 pm