re: Oil & Gas Accountant Salary Question

quote:

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Cheap Market
Salary Bonus Total
1 A1 $50,000 $5,000 $55,000
2 A2 (10% raise; 10% bonus) $55,000 $5,500 $60,500
3 SA1 (20% raise; 5% bonus) $66,000 $3,300 $69,300
4 SA2 (12% raise; 10% bonus) $73,920 $7,392 $81,312
5 SA3 (12% raise; 10% bonus) $82,790 $8,279 $91,069
6 M1 (25% raise; 10% bonus) $103,488 $10,349 $113,837

Expensive Market
Salary Bonus Total
1 A1 $56,000 $5,600 $61,600
2 A2 (10% raise; 10% bonus) $61,600 $6,160 $67,760
3 SA1 (20% raise; 5% bonus) $73,920 $3,696 $77,616
4 SA2 (12% raise; 10% bonus) $82,790 $8,279 $91,069
5 SA3 (12% raise; 10% bonus) $92,725 $9,273 $101,998
6 M1 (25% raise; 10% bonus) $115,907 $11,591 $127,497

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Decided to run some very quick best case scenario numbers. It is possible to hit 100k at the start of a 6th year in B4, but it will be very difficult. Unless someone is on the Partner track, then it probably isn't possible on the Audit/Tax side.

I imagine this is more attainable on the consulting side. Salary growth really separates after this point in time though.