[Anonymous]

I know Big 4 only pays salary, but how about the other “Big 8” firms or national firms (BDO, Grant Thorton Armanino McKenna)?

Or, for those of you living in California, are you familiar with any regional size firms that pay overtime?

A CPA classmate of mine worked for a regional firm in San Francisco and said he gets about an extra $10-15k/year for his overtime work. If you get paid overtime, does it mean you are on an hourly wage instead of salary? I guess if overtime implies hourly wage, I guess there could be a downside to earning an hourly wage — perhaps in the summer when the workload isn’t busy.

I vaguely remember someone telling me Armanino McKenna pays overtime, too. Can anyone confirm?

[Resacups]

My firm is salaried, but we receive a bonus for any hours in excess of 2200 per year. So basically, we see about 10K per year in an overtime bonus.

We are only 25 professionals and in Atlanta.

BEC: 01/09/12 PASSED
AUD: 05/29/12 PASSED
REG: 07/19/12 PASSED
FAR: 11/12/12 PASSED

[Anonymous]

Wow, that's a pretty good deal man. Approximately 2000 working hours/year in a normal 40-hour week, you could hit that 2200 mark easily.

[misanthrope87]

Singerlewak pays ot.

B 2/12 87
A 11/11 90
R 8/11 86
F 5/12 88

[Anonymous]

I know a firm called Holthouse Carlin and Van Tright in the greater Los Angeles area used to pay single time over 40hr weeks.

[Anonymous]

Rothstein Kass pays overtime

[RalphDoggy]

I work for a small firm (~17 professionals) in Portland, OR and we get paid salary plus any hours over 160 every month get accumulated into a comp. time bank that we can either take as extra vacation or get paid out.

REG - Passed
BEC - Passed
FAR - Passed
AUD - Passed

[Anonymous]

Firm of about 125 professionals. We get a salary, + overtime for all hours over 40 per week.

[Anonymous]

@ChickenMcTest is it in California? name?

edit: actually I understand some people may not want to reveal their firm name. can you just let me know if your firm has an office location in northern california?

[Anonymous]

salary + overtime (not 150%) paid out twice a year.

It gives people the incentive to work longer on non-chargeable crap.

[Anonymous]

i previously worked for Armanino LLP and they do in fact pay for your overtime hours. it is actually among the largest california-based accounting and consulting firms and is a great company. out of college, i know in my offer letter that rothstein kass also paid for your overtime hours. to note: this is not 1.5 x hours, but just your standard rate. still…very few firms if any still do this.

[primgirl]

I work for a small CPA firm and professionals are salaried. Support staff is hourly and generally make more than I do during tax season, even though I work more hours a week than they do. It sucks.

FAR 78
AUD 85
BEC 79
REG 83

[neika822]

My old firm was a “Big 8” and did NOT pay overtime. Womp womp…

R - *77*(02/'13)-Becker & NINJA
A - 71('11); *87*(04/'13)-Becker & NINJA
F - *76*(08/'13)-Becker & NINJA - "server upgrade" survivor
B - 60('11); *82*(10/'13) -Becker & NINA

DONE, DONE, AND DONE.

CPA in Massachusetts; issued 01/24/14

[HustlinHustlin]

I luckily get paid overtime, so I get paid hourly. It's mostly all good, except when you have nothing to do you are still required to be in the office.

You're expected to do about 10% of your hours as overtime. The compensation package includes regular hours, overtime hours, and benefits to come up with a figure to meet your desired salary (kinda b.s.), so my hourly wage isn't very high. I would have negotiated it, but it was my first career and I was just so excited to be hired.

B 71 - 79 EXPIRED
A 69 - 75 EXPIRED
R 65 - 48 - 45
F 56 - 61 - 65 - 64

Becker, Wiley Test Bank, Wiley Text and Ninja Notes

"The fish who keeps on swimming is the first to chill upstream" -311

Experience - Done, like WAAAY done.
Still need 30 more credits, in basket weaving (gotta love new CA requirements)

[StephAV]

I beleive that in California it is the law now that if you are not a “supervisor” they have to pay you OT. I don't know the exact details of the law, but I was paid salary as a staff auditor 2005-2008 and after I left that large regional firm the partner of a small CPA firm that I did work for told me that is “against the law” and not too long after they started paying staff OT/hourly. Not surprisingly they seem to be promoting people much faster than they used to! More incentive for them to do so I guess. The firm I worked for now is the audit/tax firm for the NPO I work at.

FAR - 7/13 - 72, 11/13- 74, 2/14- 82!!! Best score ever (for me)!!!
BEC - 1/14 - 75!!! Perfect score! First Pass! YAY!!!
AUD - 8/14 - 80!!!
REG - 5/14 - 72, 10/14 - 66, 1/15 - 78 - DONE FOREVER!!!
I did 5 of the UNA and CPAExcel classes to earn units.

[StephAV]

Found the rule… https://www.dir.ca.gov/dlse/Glossary.asp?Button1=P#professional%20exemption

FAR - 7/13 - 72, 11/13- 74, 2/14- 82!!! Best score ever (for me)!!!
BEC - 1/14 - 75!!! Perfect score! First Pass! YAY!!!
AUD - 8/14 - 80!!!
REG - 5/14 - 72, 10/14 - 66, 1/15 - 78 - DONE FOREVER!!!
I did 5 of the UNA and CPAExcel classes to earn units.

[Author]

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