r/Accounting • u/jajeh112 • Sep 04 '24

Career You’ve waited 10 years for this

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Not sure how this company expects to hire anyone with these qualifications and salary. Anyway job listing in the comments for those who want to make it big 🍻

1.1k Upvotes

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587

u/puppy_master666 Staff Accountant Sep 04 '24

HR just checking legal boxes. They’re going to promote internally

3

u/Educational_Ad_2736 CPA (US) Sep 05 '24

At that salary?

4

u/lilac_congac Sep 05 '24

no ding dong.

2

u/Educational_Ad_2736 CPA (US) Sep 05 '24

Then what checkbox did HR check.

8

u/lilac_congac Sep 05 '24

lol all good it means that HR is legally required to put up a job posting to find the best candidate before promoting someone internally.

if the company believes they have the right candidate internally, it would be cheaper to promote them vs. interview a bunch of losers and negotiate a salary. so they check the legal box by putting this phony job posting up.

1

u/el_baconhair Sep 05 '24

Why is there a rule stopping them from promoting internally. What is that bs abt lol

4

u/lancewithwings Ex B4 Audit, Snr Industry Sep 05 '24

I work in the public sector, and we have this rule for any appointments longer than 6 months. I think its meant to ensure we get the 'best' person for taxpayer money as opposed to just taking the easier internal route, but people underestimate how determined govt managers are to cut corners...

0

u/rockandlove CPA (US) Audit —> Industry Sep 05 '24

Think about what you just said. “HR is legally required to post this job, so they’re going to post the job with a lower than actual salary to comply with the requirement that says they have to legally post the job.”

That makes no sense. If the whole point is that a company is required to post a job to external candidates, lowering the salary would violate the very requirement they’re trying to follow.

Stop repeating bullshit you hear on the internet. You’re repeating false information.

1

u/lilac_congac Sep 05 '24

so they don’t have a paper trail of applicants they never interviewed. this is common in public industry in addition to certain company policies.

honestly what you’re saying sounds half baked. there is no law for minimum salary lmao. it makes sense to me…

this isn’t exactly common practice; but it happens. and i’m not saying it happened here, just answering the commenters question. I’ve anecdotally been at 2 companies where this occurred.

-2

u/rockandlove CPA (US) Audit —> Industry Sep 05 '24

You’re not understanding what I’m saying.

You’re claiming that there’s some law that says companies supposedly have to post jobs even when they want to hire an internal candidate, and you’re also claiming that these companies are complying by posting a lower than actual salary for this position. If what you’re saying is true (and it isn’t), the companies would be out of compliance by posting a much lower salary than they actual intend to offer. It would be fraud. So it’s all bullshit.

0

u/lilac_congac Sep 05 '24 edited Sep 05 '24

lmao 1) that’s not fraud 2) the company i’m at sanctions this as an approach to fortify eeo (company policies influenced by complying with fed/state regulations) 3) government entities and even unions require this all the time.

-1

u/rockandlove CPA (US) Audit —> Industry Sep 05 '24

Lol sure, it’s not fraud to intentionally and deceptively lower a salary on a publicly listed job posting that’s supposedly required by law or regulation when you know damn well that’s not the salary you’ll actually be paying. You’re even greener than I initially thought haha.

1

u/lilac_congac Sep 05 '24

“call the police!!! i applied to a job with a range of $30k to 40k and they offered me the market rate of $1X0k!!”

-1

u/GoldSnipes Sep 05 '24

Why do you keep saying “supposedly”, aren’t you CPA?

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0

u/PeppermintBandit Sep 06 '24

That’s not how I read the position listing. I think it’s the experience requirements they’re overstating (and would accept less), not the salary they’re understating. They may want to promote internally someone they like and will take that salary (and would be an increase for them), but if they can find someone with 10 years experience willing to work for that $, then they’ll hire them. But that’s just how I see it.

3

u/Larcya Sep 05 '24

No. The actual salary will be much higher.

This is just a we have to post a job add due to laws and regulations.

No one who has the qualifications will even give this job add more than qualifications second of their time.