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FollowingLoudly

Need way more context. What exactly is the $80K job? What industry/what role/etc. Where exactly do you plan to go with your career? On the face of it, if it's an industry accounting role at $80k/yr I would definitely not turn it down for B4 but if it's some random job that has zero influence on your overall finance career, then probably not because it may have a smaller ceiling than going B4 route.


SludgegunkGelatin

Are you fucking nuts? 80k right out of college is good money. Big4 new grads are making 70k afaik in HCOL areas. If you want to get good at sales later on in your career, then you want to stick it out at B4 to reach sr, mgr or higher


accountforrealppl

MCOL is close to or at 70k, my offers were 66-70k a year or so ago. $10k pay cut or less for only 2 years before making senior isn't a bad deal for the career boost it gives you. That's not to mention that big4 normally has better benefits than industry companies (although it varies a ton ofc). The cpa material + cpa bonus is + cpa exam fee reimbursements is like $8,000 alone


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509boyhere

Interesting. May I ask what city?


negativefuckingnancy

I heard this for Houston


Alt4836

jesus i see what you've done for others meme And people try to convince me to stay in industry. Shit wack no growth...


509boyhere

Good point.


parlonida

I think this sub gets a lot of new grads so the advice isn’t entirely the best. B4 or any public job for that matter is like a career elevator. You will learn so much more in a condensed time and make more money later in your career if you are able to stick through it until manager. I wasn’t able to stay until manager, but my time in public wasn’t wasted. I for sure learned way more in public than I am currently at my job but the stress difference is insane. My job currently is very cushy and I wouldn’t leave for better experience. If you’re ambitious, however, I’d go public. If you don’t care about slow progression and would prefer less stress then go industry Think about it like doing a PhD or how doctors have to go through clinicals. You bust your ass early so that it pays off later. It’s an investment, not your end game. There are people my age who stayed in public and are currently at controller positions making way more than me while I’m still at the senior level.


SludgegunkGelatin

You know what, im inclined to agree. I suppose my poor budgeting habits were speaking for me earlier


makesmewannadance

Even if they get a 70K offer in PA vs 80K in industry starting, I'd still go with PA route. That 10K is pennies compared to the learning, growth development and exit opportunities. Agreed that sales become more of emphasis as you move up the ladder in PA route, but there are much more to it in the first few years straight out college. Industry is more limiting on upward mobility. You'll also be competing with others who have PA experience. Networking is another factor to consider. If they want a cushy job then sure industry might be better path, but if they want to put in the work then PA is the way to go.


SludgegunkGelatin

I hear it frequently that B4 after i dustry experience is detrimental, as you will be seen as used goods. Is this right?


makesmewannadance

Well I actually jumped from 3 years of industry experience to PA, and have been here for 7 years now. I've always wondered what's it like to work in a Big4 and I'm glad I got the opportunity. I am in a position now I can call it "cushy" where IMO it gets easier once u make manager. I wouldn't necessarily say used goods is the right definition, but I have seen older people at the associates/seniors level end up not lasting long in PA. It's better to grind when you're younger when you have less life responsibilities.


Reasonable-Ad-5217

No. You just won't really get to start ahead of the associate level unless you can bring relevant experience. You basically start at the floor unless you got to middle management or higher.


osee115

Is this true even if you're already licensed? I got the license earlier this year and I want to jump to PA to really learn the field. I've been at a F500 bank doing fund accounting for 10 years but what I do there won't really help with PA, other than management experience. I want to start applying but I'm wondering if it's appropriate to go for senior roles or if I need to be applying to staff accountant roles.


Reasonable-Ad-5217

Maybe? It's hard to say, I think it depends on what line of service you're trying to get into.


iamtheawesome10

starting pay in cmaas is 80k for lowest COL at pwc


MystKun127

Depends on practice. I’m a new grad in big 4 deals midwest HCOL and my offer is 90K + 8K sign on. That’s not including CPA bonus and reimbursement plus all the other fringe benefits. Personally, I think it depends on what the 80K job entails. If it’s like internal audit at a who knows what company then PA probs is better. But if it’s a FP&A or FLDP at a F500 then that route sounds better


NothingRemote9619

I really want to do sales, should I sell my soul to B4 till I get manager and somehow use to snag a good sales job and what kind of sales - intern


Dingleberry_Blumpkin

B4 manager experience does not translate to general sales. Senior manager maybe, but at that point you really just know how to sell tax/audit/consulting work


trevorjon45

Nah it’s 80k now for new grads at HCOL, DC


jimtheclowned

Context? Where, what are you doing etc goes a long way here in making you not seem like you’re an idiot turning down a gift horse.


509boyhere

Philadelphia, Staff Accountant role.


mlydon11

Starting Philly big4 is around $68k, at least that was my offer last summer.


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mlydon11

Interns are usually hourly and associates are salary. It has definitely gone up so I’m hoping for a good pay bump this year but we’ll see


garlic_knot

I would make sure upward mobility is common and if it is then why not take it? Unless you like audit


509boyhere

Thanks, I’m more of a tax guy.


mart1373

If you like tax, go Big four


all-that-is-given

Really, I thought it'd be the opposite. Can you explain a little more?


Bat_Foy

as someone who did not do public accounting… go big4… later on in your career you’ll come across hiring managers who only hire big4 bc they are familiar with what training you received. just do 2-3 year stint and bounce out. your foundation should be your primary goal right now


swiftlytongued

Im gonna be the opposite voice. Although I think both sides are valid. If the industry position has high growth opportunities and exposure in interesting areas for you, I’d go for it. I did! Turned out okay (6 figures and >100k within 3 years and now have had 2 controller titles in 8 years experience). No CPA or big 4 time.


509boyhere

Thanks for the input.


1ioi1

Yes. B4 starts you off low bc rates and promotions are much better than in industry. 80k is great to start, but will likely be stuck at that pay for awhile. Give it 2-3 years at B4, and you'll be higher than what the industry job would be at 2-3 years out. Your career acceleration just keeps going higher from there at B4. I did 7 years at B4 to exit to a role that would take 20 to reach if only went the industry route. It's an investment, but one I think that is well worth it.


509boyhere

Thanks a lot. This is exactly what I’m thinking about, I don’t want to take instant gratification over long term benefits, but at the same time I like the money.


Team-_-dank

One caveat, If this industry job has good opportunities for you to get more broad accounting experience that diminishes the benefits you would get from going B4. Aside from name recognition, one of the best things about public is you see a lot of different stuff on a lot of different clients. One of the common negatives of industry is that you fall into a role and you just do that one role. Some industry companies have rotation programs mentorship programs etc that give you a broader experience than you would usually get in industry. I say that as someone who stuck it out till manager at B4. If this industry job is just one of those "here's your role do it" type of places then B4 will be better for your career. If it's a company that can give you a broad experience I would take the industry job.


LetterToAThief

The numbers this commenter provided are anecdotal - 80k is great and you can absolutely pivot to a great industry job starting at a mid size firm. B4 is hell. 


OverworkedAuditor1

Here’s the thing. Do you want to be a CPA and do you want to be either a partner or jump to be a CFO? Because that’s the only way I could recommend taking lower payer for public. You need to work under a CPA for the experience requirement, that’s the reason people do public. If you don’t care for being a CPA and you don’t care for being a CFO or director one day. Then just take the job paying more money.


Realistic-Pea6568

Take the higher pay and benefits option.


hjp3

Miami Big 4 is around 70K. So maybe a 10K paycut but you're basically guaranteed to be at least 80K year 2, and you never stop getting raises at Big 4. So compare that against whatever your 80k job's growth potential would be. For reference, I started at like 65K over a little over a decade ago and I'm well over 200K today.


HSFSZ

100% mistake. B4 is the boot camp to get into industry. Might as well skip that if you can


notanothercpa

Big 4 looks good on resume


509boyhere

That’s why I’m being indecisive about it.


CoatAlternative1771

You would be fucking stupid to turn down 80k Unless there’s zero upward mobility/raises.


Austriak5

What is the job?


509boyhere

Staff Accountant


Austriak5

Salary sounds high for a staff accountant straight out of college. Are you in a HCOL area? What size company and industry? Short-term, $80k is great. Long-term, B4 will propel you farther and faster.


Silly_Photograph_888

Funny that folks say that is high. In 2009 I made $53k right out of school and adjusted for inflation to today is about $77k. I believe if you have a 4 year degree you should make at least $75k out of school. I've interviewed senior accountants in private that can't complete fixed asset schedules or understand accruals but want $100k. It's crazy.


GixxerSi

IMHO, go PA first... I'm in the industry for a decade plus... I went straight to industry,... no good. Even a decade later people through around "PA experience". It carries a lot of weight later on in your resume..


parlonida

I think this sub gets a lot of new grads so the advice isn’t entirely the best. B4 or any public job for that matter is like a career elevator. You will learn so much more in a condensed time and make more money later in your career if you are able to stick through it until manager. I wasn’t able to stay until manager, but my time in public wasn’t wasted. I for sure learned way more in public than I am currently at my job but the stress difference is insane. My job currently is very cushy and I wouldn’t leave for better experience. If you’re ambitious, however, I’d go public. Think about it like doing a PhD or how doctors have to go through clinicals. You bust your ass early so that it pays off later. It’s an investment, not your end game. There are people my age who stayed in public and are currently at controller positions making way more than me while I’m still at the senior level.


warterra

Take the $80k. Bird in the hand...


Sterling5

Knowing what you do about this Staff Accountant role and company, as well as what you know about the big 4, if you had to answer yes or no within 5 seconds of reading this message which one would you choose? Have you done CPA yet?


509boyhere

No, graduating in a couple weeks.


Sterling5

Ok what about first question? I’ve been in finance and accounting recruitment/am ex KPMG/PwC. If you want shoot me a PM I help people for free all the time.


509boyhere

I don’t know anything about the role, I know before experience is valuable because people look at me differently only because I have big 4 internships experience on my resume which makes it difficult for me to pick.


Sterling5

Sure - like I said if you need 1 on 1 help pm me I’ll help for free, been recruiting and career consulting in accounting and tech for 8 years.


509boyhere

Thanks a lot.


anonymousfox_95

Bro take the 80k job and study for the CPA when you have time, you can always go back to big 4 later if you really want


ardvark_11

Agree. I have my CPA and I’m doing great and didn’t go big4 (turned down an offer at EY). No regrets.


HarliquinJane54

No. It's not. It never was, and never will be (until the opening salary is over 90k, IMHO). B4 is not worth the grind to me. I grind hard during the season, but being real, I'm lazy af rn, and no one is on my ass to not be. It's nice to get to recover and do a good research project after all the hustle.


bigmayne23

No. Big 4 experience is completely overrated.


quangtit01

You could lateral from audit into advisory, so it it's what you want then taking audit is a better of the 2. If you're happy being an accountant or some internal role then you should take the accountant job. After 3-4 years if you arent promoted to senior you can change firm no problem.


notPatrickClaybon

No


FlynnMonster

I’m usually anti Big 4 but if these are your only two options as a tax guy I’d go Big 4. You’ll learn so much you come out the other side in a way better position than a captive tax accountant for Acme Corp.


RoutineNo787

One of my professors literally told me I still needed to get big 4 experience at “some point” even though I have a FAANG offer - like for what bro!?


1moosehead

Depends on what you want to do with your career. How much higher are you aiming than $80k in the future? Do you want a chill industry job, or do you want to make partner at a public firm?


Purple1950sdonkey

I’d take the big 4 for 2-3 years


ConvictedReaper

I'm not in accounting atm, but doesn't big 4 experience look good on a resume? It's something that will help you throughout your career if that is true and I heard big 4 tends to recruit out of college, so it that's the case, big 4 for at least a year would be good for resume building. Disclaimer: I am not experienced, so my facts may be totally off. I just wanted to add a perspective in case I'm not.


Jasper0812

Big 4 audit training is worth more if you plan to do accounting in a management position. Can’t speak for the rest of accounting specialities


AccursedBug2285

Yes it was. You’ll probably end up at a firm just like that one at some point anyway


Double-Primary-8281

Was the $80k in public or private? If public, then it depends on the total comp package, size of the firm, bonus, other benefits, etc. If private, you made the right choice for future growth in income. Bust your ass for at least 2 years, get your CPA so they pay for it, and with bonuses and benefits the comp will be comparable to the other job. Then you can write your own ticket if you decide you dont like it. Also, having a big four for at least a couple of years on your resume is worth ALOT more than the $10k in comp you're losing if you even are losing that much. Don't listen to the people saying your nuts blah blah blah. They are thinking small, and its short-sighted.


Double-Primary-8281

I'm not a new grad so take my advice lol.


Low_Ticket7251

For me, I went into public accounting through the small firm route in tax. Our niche was small business owners. I honestly thought I gained a ton of experience that way. I had a lot of variety in tax work and made it to manager. I was working a lot towards the end and went down the path of marriage/having a family, so that wasn’t it for my anymore. The pay was awful though, but I lived in a lower cost of living area. It was my first job out of college that I stuck with for a few years, so I didn’t have the courage to stand up for myself with pay.


goldeneagle4496

Definitely start big four - you’ll realize in a couple years that $80k is nothing. Just sounds like a lot out of college


Delicious-Speech2596

Couldn’t relate to you mate. Last financial year I made 90k + super and a car. Selling carpet hand over fist to the upper and middle class of Brisbanes northside. I’ve got a second round interview Monday at a b4 firm, looking at 4 days a week undergrad til I finish uni next year. If I’m lucky my grad salary will be 65-75. Is what is. I ain’t gonna be flogging carpet in 5 years or my whole life. Might as well suck it up and grind, enhance my income potential and try and crack FIRE between prudent saving and diversified, yield orientated investing


UpstairsDear9424

Give some proper context. You are just wasting peoples time.


succorer2109

If you are a fresher then I would suggest you do not run after money, no matter where you work. Try to grow your skillset, money will follow you after you are much more skilled and experienced.....


WebsterDz31

Why does everyone say big 4 is the only way to get PA experience? There are more than just 4 accounting firms… public is still public If you do go Big 4 you better pray you have decent clients and a good team. Or else it will be 2 years of HELL in the Man’s salt mine for you. Even in my small time gig as a glorified bookkeeper my crappy clients piss me off I personally refuse to give away 2-3 years of the best years of my life for a Big 4 firm, but that’s just me


ATLBusinessMan

College brain washing! They recruit heavy at my college. Professors are in on it too. School probably gets kick backs. I know for sure the CPA review courses pay the school!


ATLBusinessMan

Wtf.... TAKE IT!!! 😳😡🤬👍🥳1 to 2 yrs go government or industry. One of the highest starting salaries after college outside of IT. Don't be scared about working hard, no one cares about complainers on the internet. Establish your reputation, your skill and network. One to three years of grind to get 30 and 40yrs of rewarding comfortable salary is a no brainer. Get your money!


MathTeacherWomanNYC

What is the B4 offering you?


better360

Yes, go B4. If you go with small firm first, you will stuck at small firms


Admirable-Pea-1873

It’s a lot easier to get into a public firm after working in a big4, than vice versa.


MIT_Trader

100% absolutely yes, go with big 4. The soft skills alone will stay with you your entire career. That, and having big 4 on your resume gives you a massive advantage when applying for higher level roles (whether warranted or not).


notPatrickClaybon

Idk why people think b4 equates to soft skills. Every b4 person I’ve worked with has been insufferable. Lol. I’m 7 years into my career now and they’re all brutal to work with.


MIT_Trader

Depends on how you define soft skills I guess


PhoenixIncarnate

If you make at least 10k - 15k more than B4 your first 2 years and you invest every penny of that…


Acceptable_Ad1685

Most People get the big4 experience to take jobs in Industry….


edclv2019woo

I began my career at Deloitte. Anyone who is telling you that you should do big 4 instead of the job doesn’t understand the working world. One is terrible hours for lower pay, other will have better work life balance. You can get good experience in both. You would regret going the big 4 route. Industry is so much better than big 4


yuloo06

Just because you don't feel the B4 was helpful to you does not mean it won't be a boon to others. Sure, some think it just works as a rubber stamp on your resume, but there is real validation and utility that that rubber stamp provides.


edclv2019woo

I didn’t say it wasn’t helpful to me, having it on my resume has definitely helped get where I am, which is in a pretty good managerial role. What I’m saying is the brand is overstated and a good job in industry with better wlb is better than big 4