Recently had a discussion with a Partner about salaries and the CPA bonus. My assumption that partners played a big role in the salary allocations is apparently wrong. He was genuinely suprised that there was little or no difference between entry level employees and people 2-3 years senior. He did express his opinion, stating that the pay definitely needs to be higher in this environment. And as far as the CPA bonuses go, firms are ranked sometimes by the number of CPAs, not employees, so a public accounting firm needs to have more CPAs in order to have a better ranking, which enhances their rep and competitiveness. Fair enough.
And props to this partner, here's hoping that all partners thing this way, and the salary structure changes.
And props to this partner, here's hoping that all partners thing this way, and the salary structure changes.
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