Big 4 Salary Question

  • Creator
    Topic
  • #192983
    Anonymous
    Inactive

    I accepted an offer with EY and will beginning this Fall. I am kind of confused on the salary. Will I get paid overtime or will I be able to charge for hours worked over 40? Or do I just get paid my annual salary, no matter how many hours over 40 I work?

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    Replies
  • #660343
    Anonymous
    Inactive

    Congrats!

    You'll only get paid your base salary regardless of how many hours you work. However, you'll likely have to fill out a timesheet each week to keep track of your chargeable hours.

    #660344
    Anonymous
    Inactive

    Ah ok. So if I am understanding correctly, I could work 60 hours a week for a whole year but still get paid the annual salary listed on the offer?

    #660345
    Anonymous
    Inactive

    Yep, unfortunately haha

    #660346
    Anonymous
    Inactive

    Lol I feel like I just sold my soul to the devil.

    #660347
    Anonymous
    Inactive

    story of a public accountant lol.

    #660348
    Susan Walker
    Member

    LOL – welcome to Big4 life – I would highly recommend never calculating your hourly rate based on your timesheets during season.

    All in all – it isn't bad as long as you like the people you work with & don't get stuck on awful clients!

    FAR: 69 (10/2012), 70 (4/2015), July 2015
    BEC: May 2015
    REG: August 2015
    AUD: November 2015

    #660349
    taxman89
    Participant

    “So if I am understanding correctly, I could work 60 hours a week for a whole year but still get paid the annual salary listed on the offer?”

    welcome to literally every single salaried position….there is a reason it is a salaried position not an hourly one

    AUD - 75
    BEC - 77
    FAR - 78
    REG - 82
    AUD: 61-67-75 (Thanks ninja aud)
    BEC: 77
    FAR: 78
    REG:69-73-70-82

    Aud-75 3x I knew i never liked you
    Bec-77 1x being in the bubble is stressful
    Reg-82 4x its not me its you...and no we cant be friends
    Far-78 1x easiest section

    #660350
    OnMyWay732
    Participant

    Anticipate on 80 most weeks with your paycheck remaining the same

    AUD - July 2014 - 76
    REG - August 2014 - 82
    FAR - November 2014 - 78
    BEC - January 2015 - 81

    DONE!!!!

    Used Becker online. Who needs a text when you can burn your eyes out staring at the screen for months on end?

    "Let me tell you something you already know. The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you're hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

    #660351
    Anonymous
    Inactive

    Rule of thumb is you're doing it for the experience and not the money. We get paid just enough to not complain but still underpaid depending on your client situation. I worked a consistent 50 hours a week in busy season so I'm happy with my pay but someone who has put in 90+ will feel completely different.

    #660352
    moreinfo2013
    Member

    So…what would be a starting salary for a big4 in California for instance with one year of general accounting experience and the CPA license?

    #660353
    Anonymous
    Inactive

    @moreinfo – low/mid 50's for NorCal.

    #660354
    moreinfo2013
    Member

    @Club300

    Thanks!

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