Thread: Speak it Out
View Single Post
Old 01-12-2020, 09:17 AM   #24636
tiger_handheld
MiX iT Up!
 
tiger_handheld's Avatar
 
Join Date: May 2006
Location: vancouver
Posts: 8,154
Thanked 2,076 Times in 871 Posts
Failed 642 Times in 183 Posts
Quote:
Originally Posted by Gerbs View Post
I started working in the accounting industry after I completed my diploma at the end of year 2, at this time I was also taking 3 - 4 courses for my degree. That way I can graduate with 2 - 3 years of experience and start my CPA. I also did my CFA lvl 1 along the way.

I think transparency on salaries is becoming less taboo with the millennial generation which is also important since it'll help everyone else negotiate salary in future positions. Here's my progression over the last 2.5 years of school while working in entry-level jr.accountant positions which is nowhere near the 60-80k+ grads you hear about.

2nd Year - Job 1 $33.5k+Benefits

3rd Year - Job 2 $15/hr no benefits, start-up accountant role, so spend a lot of time being paid to play ping pong and foosball
3rd Year - Job 2 - Raise - $18/hr
3rd Year - Job 2 - Raise - $40k + Benefits - Start-up got bought out
4th Year - Job 2 - Raise - $43k + benefits

4th Year - Job 3 - Raise - $50k no benefits yet, but I can work from home and paid breaks. So that's an extra 2 hours each day towards a better work-life balance. I'll be graduating this semester as well.

It's funny because I remember being super motivated when I was in school on how I'd make $60 - 100k within 3 -4 years of graduating. But realistically that's not the case if you aren't graduating from a recognized business school or in doctor/lawyer/tech/engineer/sales as mentioned above. I think realistically you'll make $33-55k starting in most fields.

I plan on completing my CPA in the next 2 years and start job hunting for something around $80 - 90k. I hope to hit 100k+ before I am 30.

https://www.bccpa.ca/news-events-pub...ary-survey-en/
wow ... and to think a Skytrain Station Attendant makes $33.03 starting/hr including a pension plan and crazy benefits. They are the guys that you see hanging out at the stations. All you need is a highschool diploma.

CPA is way over saturated and candidates coming out don't have the broad knowledge level that the legacy programs once did. I guess this is to be expected when you have a national pass rate of 70%+
__________________

Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.


Make the effort and take the risk..

"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
tiger_handheld is offline   Reply With Quote
This post thanked by: