By now, you've probably had a chance to meticulously dissect the two posts that illustrated what your compensation at a public accounting firm will roughly be over a 15 year period. The revelation that you can make a pretty nice living over that time span did little to convince some people that this public accounting thing is worth it. Well! Those of you that count yourselves squarely in the "I still can't believe I'm doing this shit" camp will be glad to know that one reader who did his time at PwC and has moved on to an industry job made the effort to show you what you what you could be missing:
I utilized the actual promotion timeline of my internal audit group I joined (Fortune 500 company, large internal audit practice) and noted payscale was a bit lower than what I gather our pay to be at each level. Our group also promotes after 2-3 years at each level - I picked the slower promotion in the interest of consevativism.This is salary only (i.e. no bonus). From what I gather, the people staying until manager get fucked the hardest. Not only do they not get "partner pay" - they also do not reap the rewards of a higher salary compounding upon itself. I sure hope those bonuses make up for it, but I doubt it does when you consider the much lower quality of life.Definitely let me know if you have any feedback - I'm curious to see what everyone has to say. To me it looks like people should either stay until partner or GTFO early.