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Started By
Message
re: Low Annual Bonus
Posted on 12/3/14 at 1:23 pm to Displaced
Posted on 12/3/14 at 1:23 pm to Displaced
quote:
Annual leave or paid vacation time.
At my level of seniority we get 6 weeks a year of vacation time and 40 hours of sick leave. To use vacation time you have to have approval 24 hours in advance.
$1000 for people with all 40 sick hours left over (no call offs or coming in late). $250 if you have between 32 and 40 sick hours left (you can in every day, but was late once or twice). You can use as much of your pre-approved vacation time as you want without affecting attendance bonuses.
0
Posted on 12/3/14 at 1:30 pm to LSUFanHouston
LSU Houston. In other words, if you want to leave public accting for a CFO position for large company, your odds are better if you worked at a known firm...PWC etc
Posted on 12/3/14 at 1:33 pm to LSUFanHouston
Some employers will automatically can your resume if it doesn't have a B4 on it.
Just the same as going to school somewhere like McNeese/Southeastern compared to going to an Ivy.
Just the same as going to school somewhere like McNeese/Southeastern compared to going to an Ivy.
Posted on 12/3/14 at 1:52 pm to southernelite
quote:
Some employers will automatically can your resume if it doesn't have a B4 on it.
most large
Posted on 12/3/14 at 1:53 pm to Tigerfan56
Best case should have been $2500 given the half-year employment. Given the training and your not being a full contributor yet it would not be inappropriate for said $2500 to be discounted.
If they're going to give guidance and far underdeliver as it appears they have, you would be a sucker to not be at least slightly perturbed. If it's a matter of firm profitability, you might consider not waiting around to be disappointed next year.
I would also be terrified if they gave you such a measly check without some sort of preface - e.g. "we're glad to have you on board, full bonuses go to full-year employees" or "slightly lower than expected performance this year, we'll be back next year." If they didn't even bother trying to justify, that's not the kind of mindful (less) employer I'd want to work for, even entry-level.
If they're going to give guidance and far underdeliver as it appears they have, you would be a sucker to not be at least slightly perturbed. If it's a matter of firm profitability, you might consider not waiting around to be disappointed next year.
I would also be terrified if they gave you such a measly check without some sort of preface - e.g. "we're glad to have you on board, full bonuses go to full-year employees" or "slightly lower than expected performance this year, we'll be back next year." If they didn't even bother trying to justify, that's not the kind of mindful (less) employer I'd want to work for, even entry-level.
This post was edited on 12/3/14 at 2:01 pm
Posted on 12/3/14 at 1:56 pm to Slybayou
quote:
if you want to leave public accting for a CFO position for large company, your odds are better if you worked at a known firm
Now this is true... but that's a long ways from what you said originally.
Posted on 12/3/14 at 1:57 pm to southernelite
quote:
Some employers will automatically can your resume if it doesn't have a B4 on it.
Ah, the Big 4 kool aid drinkers have arrived. Yes, some large companies for very high positions want to see Big firm experience. This is reasonable due to the complexity of some of their issues, you are just not exposed to those issues in a smaller firm.
But "automatically can your resume" is one of those myths that never seem to die.
Posted on 12/3/14 at 2:10 pm to LSUFanHouston
When I job search, its amazing the number of firms who put b4 alumni in the required quals.
Ill submit a resume anyway, because you never know.
But, working B4 has discernible advantages.
ETA: I'm not a CPA nor I am B4. But I'm in a closely related field.
Ill submit a resume anyway, because you never know.
But, working B4 has discernible advantages.
ETA: I'm not a CPA nor I am B4. But I'm in a closely related field.
This post was edited on 12/3/14 at 2:12 pm
Posted on 12/3/14 at 2:31 pm to LSUFanHouston
You just misunderstood
Posted on 12/3/14 at 2:34 pm to LSUFanHouston
Not a myth. Resumes would be faxed back in the day. Any resumes from 2 of the colleges in town would be thrown away. Instructions per partner.
Posted on 12/3/14 at 2:41 pm to Tigerfan56
quote:
In my interview I was told that the annual bonus is usually around 5k.
Maybe for a highly rated Senior or Manager.
quote:
but we just got our checks and mine was$100.
Sounds like a pretty typical midyear bonus. Most firms don't pay any bonuses til year 4.
Posted on 12/3/14 at 3:14 pm to Tigerfan56
IF they told you the average was 5K, then $100 would be a bit of an insult.
Posted on 12/3/14 at 3:30 pm to Slybayou
quote:
Any resumes from 2 of the colleges in town would be thrown away. Instructions per partner.
Colleges, yes. Absolutely some firms/companies won't even talk to people from certain schools. Just like they toss resumes below certain GPA.
Companies hiring experienced hires is another thing all together.
Posted on 12/3/14 at 3:31 pm to Slybayou
quote:
Go to large firm. Working at a smaller firm only hurts your future career. Be sure it is a "known" firm. Most people don't know anything about accounting but if you work somewhere they have heard of you are great CPA.
Not much to misunderstand here.
Pretty much anyone that works for a smaller firm has no desire to later work for a large publically traded company.
Posted on 12/3/14 at 3:41 pm to LSUFanHouston
quote:
Pretty much anyone that works for a smaller firm has no CHANCE to later work for a large publically traded company.
FIFY
You are kidding yourself if you think some of the people at small firms wouldn't take a 400K a year director job, now if you said they couldn't handle that job, then I'd believe you.
Posted on 12/3/14 at 4:00 pm to nolaks
The Big4 thing depends on where you are. If you want to move to industry in New Orleans or BR, a large state firm like P&N will go way further then Big 4. Big 4 doesnt really have a commanding presence there. But in cities like Houston, New York, etc.... Big 4 will be better
Posted on 12/3/14 at 4:26 pm to Tigerfan56
quote:
In my interview I was told that the annual bonus is usually around 5k.
This isn't the sort of thing HR would tell someone, sounds like your interviewer just ballparked a number? If so, then maybe you should be upset at the person who interviewed you but not anyone else.
It could also be that bonuses were just low this year, or maybe someone figured you're so new that it's hard to figure an appropriate number.
At any rate a bonus is exactly that - a bonus. Not a part of annual income that you can count on every year.
Posted on 12/3/14 at 5:05 pm to TigerFanatic99
quote:
I'll get an attendance bonus
You still can get these as working adults...
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