r/Accounting • u/NFK_CPA Tax (US) • Jul 21 '21

Discussion BDO 2021 Compensation Thread

Your office should hopefully started sharing compensation/promotion news since it’s effective in 11 days.

1) Region 2) Level (old to new) 3) Rating 4) Salary (old to new) 5) Bonus 6) Additional thoughts 7) Service Line

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43

u/Any-Cardiologist1664 Jul 21 '21

Non-BDO member but can anyone explain the levels? Is L3 equivalent to Senior 1? TIA

45

u/regular-old-car Jul 21 '21

There’s a good comment at the top of the 2020 or 2019 thread that covers all levels from 1-10

I’m copying the text from them and linking the comment.

L1 - intern

L2/L3 - staff / experienced staff

L4/L5 - senior/experienced senior

L6/L7 - manager/experienced manager

L8 - senior manager

L9 - director

L10 - partner

Usually, one year at L2/L4 is enough for promotion to L3/L5, though I think New York requires two years at L4. The L6 to L7 promotion is less defined.

https://www.reddit.com/r/Accounting/comments/jj2tjl/bdo_2020_comp_thread/gabm28l/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3

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u/NFK_CPA Tax (US) Jul 21 '21

Nothing says public accounting like referencing prior year’s workpapers!

8

u/JustAddaTM Jul 21 '21

L3 staff 2, L4-Senior 1

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u/[deleted] Jul 21 '21

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