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re: Accountants

Posted on 1/20/11 at 9:36 am to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 1/20/11 at 9:36 am to
Sell side finance isn't making 50k a year pre-tax.
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 1/20/11 at 9:41 am to
quote:

From the people I know that started working there post-undergrad, the environment in 2007 (when they started) was not the environment that it is currently today. You can take that for what its worth, the people I know that work in the nola offices have been working 55 hr weeks year round.


The environment in 1997 was not the same as 2001 which is not the same as 2005 which is not the same.... the industry is somewhat cyclical (or pendulum swinging). For most of the 2000's, the Big 6,5,4 children were a little spoiled relative to the 90's in the slackness of time. The pendulum is now swinging back. The hours I am seeing now are more reminiscient of the mid to late 90's (at which point I was told we were slackers by the early 90's vintage)
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 1/20/11 at 9:41 am to
quote:

Sell side finance isn't making 50k a year pre-tax.



I wouldn't have guessed it was that low at a Big 4 firm. Certainly helps put the 55 hr. weeks into perspective.
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