It’s mid-January, which means that at some point in the next four to six weeks or so, you’ll say to yourself, “I don’t get paid enough to do this shit.” And you might be right! But the good news is starting salaries for accountants keep going up. If you’re simply annoyed with your current boss/lunch/life then it’s entirely possible that you’re just venting about your measly compensation and, in reality, you’re simply curious to know if you really are getting paid enough to “do this shit.”
While trying to divert my attention to studying for AUD I started to look up salary information to bring myself to peace with after listening to Peter Olinto. Â Using Glassdoor, Internet forums, this site, and [this post] I put together a spreadsheet and chart that shows the expected compensation one would get in a Big 4 firm over a 15 year period. What I was mainly trying to get at is the average year over year salary increase when you include partner compensation. Everything is estimated (except my starting salary) and I used 450K as the amount a senior partner would bring in. Â It will obviously vary but I had to pick a number.I found average increase in salary is 17% (e^ln(450000/50000)/15) which I would say is higher than probably any other field with the exception of high finance.