Bonus/Raise for CPA License?

  • Creator
    Topic
  • #159315
    75orbust
    Participant

    I know its pretty variable, but what did everyone get for a pay increase (5%, 10%, more?) and for a bonus when you passed your CPA? Were your exam costs reimbursed as well?

    Also what size firm were you at, and how long did it take for you to pass your exam?

    I guess I would like to know what to expect or what to ask for when I get my license.

    Thanks

    FAR-1/04- 86 KAPLAN Review
    REG-5/12- 89 MN Licensed CPA
    BEC-7/17- 81 ETHICS - 100
    AUD-8/31- 85

Viewing 15 replies - 1 through 15 (of 108 total)
  • Author
    Replies
  • #522772
    scuderia06
    Participant

    At my firm:

    If you pass in the first year its a $5000 bonus, if you pass in the second year, its a $3000 bonus

    REG - 87 (8/27/2010)
    FAR- 84 (11/22/2010)
    BEC - 84 (2/19/2011)
    AUD - Waiting (took on 5/14/2011)

    #522774
    scuderia06
    Participant

    At my firm:

    If you pass in the first year its a $5000 bonus, if you pass in the second year, its a $3000 bonus

    REG - 87 (8/27/2010)
    FAR- 84 (11/22/2010)
    BEC - 84 (2/19/2011)
    AUD - Waiting (took on 5/14/2011)

    #522817
    scuderia06
    Participant

    At my firm:

    If you pass in the first year its a $5000 bonus, if you pass in the second year, its a $3000 bonus

    REG - 87 (8/27/2010)
    FAR- 84 (11/22/2010)
    BEC - 84 (2/19/2011)
    AUD - Waiting (took on 5/14/2011)

    #522815
    scuderia06
    Participant

    At my firm:

    If you pass in the first year its a $5000 bonus, if you pass in the second year, its a $3000 bonus

    REG - 87 (8/27/2010)
    FAR- 84 (11/22/2010)
    BEC - 84 (2/19/2011)
    AUD - Waiting (took on 5/14/2011)

    #522776
    potatogun
    Participant

    ^ that's pretty much what all the Big4 are. Big4 reimburse fees and pay for Becker also.

    FAR 92 - AUD 91 - REG 94 - BEC 86

    #522819
    potatogun
    Participant

    ^ that's pretty much what all the Big4 are. Big4 reimburse fees and pay for Becker also.

    FAR 92 - AUD 91 - REG 94 - BEC 86

    #522778
    75orbust
    Participant

    Thanks for the responses. Sounds the the Big4 are pretty uniformed. Any input from people at smaller firms?

    And what may be an expected raise when you're officially licensed? Robert Half says about 10% salary increase can be added for a professional certification? Any thought on this one?

    FAR-1/04- 86 KAPLAN Review
    REG-5/12- 89 MN Licensed CPA
    BEC-7/17- 81 ETHICS - 100
    AUD-8/31- 85

    #522821
    75orbust
    Participant

    Thanks for the responses. Sounds the the Big4 are pretty uniformed. Any input from people at smaller firms?

    And what may be an expected raise when you're officially licensed? Robert Half says about 10% salary increase can be added for a professional certification? Any thought on this one?

    FAR-1/04- 86 KAPLAN Review
    REG-5/12- 89 MN Licensed CPA
    BEC-7/17- 81 ETHICS - 100
    AUD-8/31- 85

    #522780
    MaydayCPA
    Participant

    I too am curious as to what kind of bump I should be expecting at a smaller public accounting firm. Sadly the people most likely to know (my co-workers) are the people I feel least inclined to ask.

    REG 88 - BEC 92 - FAR 90 - AUD 93 - Ethics 100

    Oklahoma resident and Becker user.

    #522823
    MaydayCPA
    Participant

    I too am curious as to what kind of bump I should be expecting at a smaller public accounting firm. Sadly the people most likely to know (my co-workers) are the people I feel least inclined to ask.

    REG 88 - BEC 92 - FAR 90 - AUD 93 - Ethics 100

    Oklahoma resident and Becker user.

    #522782
    tkemp6
    Participant

    I work at a Big4 and that bonus system plus reimbursement is what I get. No raise. I can now be promoted to Manager now, but that's about 5 years out.

    AUD- 74, 81, BEC - 73,82, FAR-82, REG- 77, and DONE!

    #522825
    tkemp6
    Participant

    I work at a Big4 and that bonus system plus reimbursement is what I get. No raise. I can now be promoted to Manager now, but that's about 5 years out.

    AUD- 74, 81, BEC - 73,82, FAR-82, REG- 77, and DONE!

    #522784
    Anonymous
    Inactive

    Do you get reimbursed for tests you've taken and passed before employment? Also, do they give you the full bonus if you only have one test to take after employment and pass it?

    #522827
    Anonymous
    Inactive

    Do you get reimbursed for tests you've taken and passed before employment? Also, do they give you the full bonus if you only have one test to take after employment and pass it?

    #522786
    tkemp6
    Participant

    I get $5,000 if I pass before of in my first year, $3,000 in the 2nd year, squat after. I get reimbursed for all passing exams, and any extra materials I buy. My materials/reimbursmnet “bank” is $3,000, and the Becker materials came out of that. I can be reimbursed up to the difference for what I pay for. If this doesn't make sense, let me know.

    AUD- 74, 81, BEC - 73,82, FAR-82, REG- 77, and DONE!

Viewing 15 replies - 1 through 15 (of 108 total)
  • You must be logged in to reply to this topic.