Great advice, especially about avoiding the expensive car. The Camry I own free and clear drives so much better than a brand new Lexus with an $800 a month payment. Take the money you would be putting towards a car and investment it instead, your future self will thank you.
Big4 salaries are slowly rising. Getting a MSA and MST makes a difference. I can confirm NYC Big4 salaries for tax w/o MST is in mid 60K range whereas with the MST its in the low 70K range. However, they seem generally lower than starting salaries for let's say healthcare - RN, PA, RPH, etc. I've noticed a shift of CPAs are pursuing other interests such as compsci & healthcare as result of the work life balance & generally higher starting pay.
Hi, I just discovered your channel today and it’s full of knowledge! I was just wondering what was your first accounting job before becoming a tax manager? (Btw congrats on everything so far)
Hi Mohammed! I started as a bookkeeping intern for 2 companies. I later became a tax intern for one of the Big 4s. Afterwards, I became an associate then senior before coming a manager!
Hey Bel! Thanks! I changed it so that anyone with the link can open it now. See if this works: docs.google.com/file/d/1OX5vJQlpjF4sewY-mNsDwd3qhy_FqgUb/edit?usp=docslist_api&filetype=msexcel
I got a job offer as a tax associate at 61,000 in July. ! I really wanna make 6 figures. I find it strange you only got a 3k raise your 2cd year. Weird.
We got promoted to senior at the same time but were on separate tax teams. I’m not sure why he was surprised 🥲 we both were working hard and working long hours
Hi Jan, thank you so much for yours videos, I want to ask a question about collaboration: I'm accountant in Mexico and I'm looking for collaborate with another accountant in USA, do you think this is possible for me to working online with another accountant in USA?
Hey jen i am thinking of completing my cma and cpa before I do my masters in us I am currently living in India and I am 18 what will be the work of a cpa in the big 4 and will the masters in accounting help me
Can accountants make 100k? How is this even a question? Growing up, any rich person in our community was either a doctor, lawyer, or CPA. I've always associated it with money. To be a partner at even a large regional firm means serious money.
You only revealed your entry level salary and didnt touch on income again for the entire rest of the video. I only came here for the income discussion.
Great video, but you have been getting under paid from the start. If you have your CPA, you should not be accepting any salary under 150k. Big 4 look great under your belt but never pay you what you deserve.
Great video Jen! I am currently working in tax as well and am in the process of taking the CPA exams! I’m happy I found your channel.
Thanks Paul! 😀
Subscribed! I love supporting other CPAs and accountants! 🤩
Thank you! Subbed to you as well 💙
Big 4 salaries are at 75000-77000 now for associates !
That’s great to hear!! 👍
It varies by geographic location.
And working at least 60 hours a week 🙄
Great advice, especially about avoiding the expensive car. The Camry I own free and clear drives so much better than a brand new Lexus with an $800 a month payment. Take the money you would be putting towards a car and investment it instead, your future self will thank you.
Yes so true!! 👏👏
Love this video Jen especially the little pieces of advice you have along the way. The giving one really resonated with me!
Thanks so much Brenda!! 💕 appreciate your kind words!
Which tax subservice line? Some subservice lines get higher compensation than others. International tax, for example, get paid more.
Great video! I would love to see a part 3, whenever your schedule allows it :)
Definitely! 👍👍 will add it to the list!
omg, how did I not find you until now? love your videos, so educating binge-watching tonight.
Aww thank you! 😆😊
I’m currently in Top 20 and making $60,000 a year but there is a 50 hour cap per week during busy season
Big4 salaries are slowly rising. Getting a MSA and MST makes a difference. I can confirm NYC Big4 salaries for tax w/o MST is in mid 60K range whereas with the MST its in the low 70K range. However, they seem generally lower than starting salaries for let's say healthcare - RN, PA, RPH, etc. I've noticed a shift of CPAs are pursuing other interests such as compsci & healthcare as result of the work life balance & generally higher starting pay.
What kind of jobs in computer s wince have higher salaries and better work life balance ?
@@leonydus9889 Analyst, CMA, Software Dev
going to healthcare
Hi Jen,
Great video, I wish you could of stated your YOE and Title for each of these salaries as well as cost of living. overall great video
Hi, I just discovered your channel today and it’s full of knowledge! I was just wondering what was your first accounting job before becoming a tax manager? (Btw congrats on everything so far)
Hi Mohammed! I started as a bookkeeping intern for 2 companies. I later became a tax intern for one of the Big 4s. Afterwards, I became an associate then senior before coming a manager!
Hi Jen what do you think about niche? Is it a good idea to niche down?
Great advice, it’s satisfying to know if been applying some of these already. If i may ask, what made you leave big 4?
Main reason why was because I wanted more work/life balance! 🙂
how many hours per week were you putting in? during busy season and normal season?
How many years did you spend in public accounting and how many years did it take you to be manager?
Very insightful... Any idea how much a manager (preferably from advisory) would make a year. ?
How much were the bonuses per year on average ? Can you have a video on public accounting bonuses n benefits please.
Was it your first year as a senior associate when you made $92,000?
great video!
I decided to make a career switch into accounting. im 26 and will be finishing my degree at 28. any advice for me as I have a late start?
Internships
Awesome video Jen! Is there anyway to link the cash flow sheet again? The link isn’t working ☹️
Hey Bel! Thanks! I changed it so that anyone with the link can open it now. See if this works:
docs.google.com/file/d/1OX5vJQlpjF4sewY-mNsDwd3qhy_FqgUb/edit?usp=docslist_api&filetype=msexcel
i smash the like button rightaway .
Thank Van!
Nice video. My question is how does your CPA licennce helped you to get paid more?
You are considered a tax and accounting expert that’s how
I got a job offer as a tax associate at 61,000 in July. ! I really wanna make 6 figures. I find it strange you only got a 3k raise your 2cd year. Weird.
Lots of people get hired mid year, so maybe her “second year” was really 6 months in.
I wonder how long that other colleague was at the firm and what their position was. Why were they so surprised? 🤔
We got promoted to senior at the same time but were on separate tax teams. I’m not sure why he was surprised 🥲 we both were working hard and working long hours
I am in Africa , with a CPA license can I get a US remote job? Please help
Excellent advice
Great tip!
Thanks Henry!!
Hi Jan, thank you so much for yours videos, I want to ask a question about collaboration: I'm accountant in Mexico and I'm looking for collaborate with another accountant in USA, do you think this is possible for me to working online with another accountant in USA?
Good advice
Amazing topics
Hey jen i am thinking of completing my cma and cpa before I do my masters in us I am currently living in India and I am 18 what will be the work of a cpa in the big 4 and will the masters in accounting help me
Over 600k someone I know of. Big 4 partner
Calculate in excel, the amount you are making per hour worked including weekends and studying. About $20 ?
Hello Jen 👋😁
Hello!
Can accountants make 100k? How is this even a question? Growing up, any rich person in our community was either a doctor, lawyer, or CPA. I've always associated it with money. To be a partner at even a large regional firm means serious money.
Amen! Great video. I am an accounting major. Thanks for the info!!!!!
No problem!
so glad i live in Canada and can forego the entire student loan bullshit.
wow that’s great 😆
student loans are too common here
You only revealed your entry level salary and didnt touch on income again for the entire rest of the video. I only came here for the income discussion.
Hi there- I revealed my Big 4 salary (I was there for 4 years from associate to 1st year senior).
getting paid $37.50 an hour as an intern so I imagine being an associate is higher
Great video, but you have been getting under paid from the start. If you have your CPA, you should not be accepting any salary under 150k. Big 4 look great under your belt but never pay you what you deserve.
How are you suppose to tell them “pay me 150k” as no one gets that?
I'm the opposite of my name.
🤣
First
Thanks Joe!
Second
3,876th! 🤩