I am the lowest paid CFA charterholder. Can u beat me?

Wow, man $58K? Is that base + bonus? What do you get between the 2?
Find a new job immediately, working for that little will haunt you for the rest of your life. I thought my comp was horrible…
 
Greenman72 wrote:
nigelnyc wrote:
I always feel the way to get more money is to get creative and CONSISTENTLY bring new ideas to the table. Especially ones that help bring in more revenue, and they don’t have to be directly related to your own position.
In my experience, this is usually a bad idea. Suits don’t like getting advice from underlings.
This.
 
Ramos4rm wrote:
bpdulog wrote:
I am a CFA charterholder and make $58k a year. Is there anyone that makes less?
Area: NYC
Years of experience: 5
Risk consultant at KPMG in NYC and only 58k? Hmmm…..this is interesting…have you asked for a raise..there’s a thread on how to ask for a raise somewhere here.
I could ask for a raise but they’ve been laying people off the past year or so, don’t think it’s the right idea.
 
Mobius Striptease wrote:
While I like nigelnyc’s approach and agree that this is how it *should* work for the most part, if we are talking about a Big 4 company here (someome mentioned above) nobody gives a $hit about your bright ideas. You advance by kissing as$, being extremely visible and well-liked among the partners around and plunging bravely into the depths of the sewage that is office politics. If generating bright and thoughtful ideas may result in stepping on someone superior’s toes, changing an organizational system or process or engagement procedure from the way it’s always been done - your audit partners running the show won’t like it, and they won’t like you.
To be fair, I’m sure there are individuals who welcome feedback although the vibe is usually what you described.
 
Systematic wrote:
Wow, man $58K? Is that base + bonus? What do you get between the 2?
Find a new job immediately, working for that little will haunt you for the rest of your life. I thought my comp was horrible…
I receive no bonus. Although, I did receive a sign on bonus.
If I leave now it would be a waste since I’m vested in the company pension in a few months.
Thought about joining the military but I was told I couldn’t pick the job I want (infantry). Strong WTF there. I may take the NYPD exam.
 
ninja_economist wrote:
bpdulog wrote:
I am a CFA charterholder and make $58k a year. Is there anyone that makes less?
Area: NYC
Years of experience: 5
Welcome back bpdulog. I thought you were planning on pursuing MBA. How is that coming along? Any improvement in GMAT score?
Gave up on that. Looks like a waste and I can’t afford to be out of a job for two years. Part time is also not available because of my travel commitments.
 
bpdulog wrote:
I receive no bonus. Although, I did receive a sign on bonus.
Ahh the joys of Big 4. I got a 2 $500 payments my first year as bonuses. I did however get my $5k CPA pass bonus and then quit 1 month later, so I guess that sort of makes up for it.
 
I’m glad you posted about your situation I must admit that its a bit scary considering a Canadian CFA compensation report mentions about 25% of the respondant earning well over 200k…
Good luck on asking for you raise, seems like its not an unreasonable move and I kinda doubt you put your employment at risk by bringing this up. I don’t see how the person would be that shocked that you thought of engaging a conversation about your compensation.
 
Get the hell out of the big 4 and seek a higher position elsewhere is gonna be the fastest way to move up the ladder.
 
1BigStudMuffin wrote:
Get the hell out of the big 4 and seek a higher position elsewhere is gonna be the fastest way to move up the ladder.
Like I said before if I wait a few months I’m vested into the company pension. It would be a waste if I gave that up.
 
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