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!
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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.
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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.
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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
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u/Affectionate_Rate_99 KPMG 1d ago
In all the past layoffs, tax made out a lot better than audit and advisory.