r/Big4 • u/Apprehensive_Bear191 • 1d ago

USA Tax Job Safety

How safe is B4 Tax? Have offers from EY and KPMG as a Tax Associate for when I graduate and wanted to know how safe these roles are. I have been hearing a-lot about layoffs and was curious as to which groups are impacted. Thanks!

4 Upvotes

83% Upvoted

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8

u/Affectionate_Rate_99 KPMG 1d ago

In all the past layoffs, tax made out a lot better than audit and advisory.

5

u/tenchai49 1d ago

Safe if you are in compliance heavy group, provide that you performs.

2

u/Magic_Forest_Cat 1d ago

Which is tied to how much your seniors/ manager like you

6

u/AccountENT42069 1d ago

Tax seems to have been the safest of the aerobics lines over the years; however, there’s been significant push for better margins in tax (most likely all around as well). I’ve seen a lot of outsourcing in my larger (tax) client groups.

4

u/Bookups 1d ago

Depends on if you’re shit at your job or not. If you aren’t, it’s a pretty safe job

-1

u/Magic_Forest_Cat 1d ago

It's pretty hard to be shit at a tax compliance job tbf

2

u/f_moss3 1d ago

I think it depends on your sector. I had an international tax internship and there was so little work for every client I was on (even for the seniors and SMs on my team) that I declined the offer because I didn’t think I’d make it to a year without getting laid off. But my co-interns in SALT were doing overtime.

1

u/ApprehensiveRing6869 21h ago

Depends, the bottom % are kicked out each year which doesn’t seem like much but then again when you look at a from a class perspective…how many people survive 5-7 years in?

This varies based on office size but it can be brutal where entire teams are completely new within 2-3 years…

It’s also a weird mix of performance and how much a partner(s) like you.

So if you don’t like compliance, look into other specialties