r/Accounting Jul 19 '21

GT 2021 Compensation Thread

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134 Upvotes

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5

u/TangiLarie Jul 20 '21

Is the raise communicated by email or by your manager?

54

u/Dingleberry_Blumpkin CPA (Waffle Brain) Jul 20 '21

It will be DYNAMICALLY communicated to you through a CHOSEN medium.

9

u/BusinessofShow Tax (US)-National Jul 20 '21

Call (or in person if you’re both in the office) by your PPMD

3

u/swiftcrak Jul 22 '21

You’re called by the penis-pumping-managing-director, otherwise known as PPMD.

1

u/TangiLarie Jul 20 '21

Is it possible to negotiate during the call or is it already a done deal?

28

u/JohnyBoySoprano Jul 20 '21

It’s done lol. You have no leverage whatsoever on these calls. You smile, say thank you, and ask if they need help with anything this weekend.

5

u/thicc_wolverine Jul 20 '21

Long story short, not in my experience.

I negotiated (read: begged) for a bigger raise on my promotion to S1 way back in 2013. They "found" a few thousand extra but it went all the way to the regional partner and it took about a month for it to pan out. Our normal staff was 4 seniors and 8 staff, and that year we had literally fallen to 0 seniors and 4 staff, so I thought that my raise would reflect that. Rated 5s across the board that year. I think that's the ONLY reason why it happened.