Why I Left KPMG - Salary, Hours and More… | Big 4

[@andreasciberras]

Brother, I used to work for a Big 4 Firm, for Deloitte, in the Audit Department specifically on FSI Audits - Funds, Insurance and Banks). I only joined a Big 4 Firm after getting my Masters degree as its "good" for your CV. I honestly don't understand the appeal for working in a Big 4 Firm - I used to work extra long hours, no overtime and to be frank, for shit pay. The business model of Big 4 Firms is as follows: pay “low level employees” (seniors/senior associates) who make most of the work on audit engagements mediocre wages and make extremely high profit margins on them when charging clients by the hour. I left after two years. I now work as an accountant in industry earning more than double than what I used to make at Deloitte.

[@talk2see]

I feel your frustration man. I do feel KPMG played a big part in getting me into Booth just for the name and I personally did learn a lot my time there. I probably could’ve made more money somewhere else but I believe it will even out at the end given the experience and the resume boost it will provide me in the future. I will say I never felt as if I was being overworked so I guess I just got lucky…

[@spire259]

Just got laid off in a large round of Deloitte auditors. Sucks. I have my CPA license and had been receiving good performance evals. Awesome for you to be going to school.

[@talk2see]

Sucks man. I know a lot of people in the same boat… haven’t been an easy year at all. Good luck on your next step!

[@spire259]

@@talk2see thanks man. I actually got a pretty good job offer for a non traditional accounting firm. Just doesn't start for a few months.

[@talk2see]

@@spire259let’s gooooo. Love that. Congrats!

[@numwan463065]

May I ask in what service line were you working in in the advisory?

[@talk2see]

Deal Advisory - Strategy

[@ahxd951]

I thought you were going to count lots of negatives of working at KPMG and I was shocked since getting 100.000k just in the third year without any intense overworking...damn, what else do you need 😂

[@oscarrimeris6485]

Good luck in Chicago

[@talk2see]

Will miss u big O