<p>Though known for its reputation, I have heard that the Big 4 force workers (esp entry-level) to work dreadful hours for average pay. I also heard that many leave after just a couple years at the most. This is the information I have been told by people I know.</p>
<p>On the contrary, I have also heard that the Big 4 pays more than private small firms. This is the information I am getting from salary estimate websites.</p>
<p>So which is true?</p>
<p>You don’t go to Big 4 for the salary and good hours. You go for the exit opportunities.</p>
<p>Yea that’s what I have researched. I still want my questions answered because I might be able to (or want to) make it into a Big 4 at all.</p>
<p>I think he answered your question. Private firms attempt to attract Big 4 prospects with larger entry-level salaries. But, going along with what Knights said, the long-term benefits of Big 4 outweigh those of smaller firms.</p>
<p>The salary at the B4 is actually higher normally than smaller firms. But the hours are worse and do not make up for the difference. </p>
<p>Go B4 first. It will create long lasting exit opportunities.</p>
<p>The difference between a B4 accounting firm and a national/regional firm, in terms of work, is simply prestige. The B4 should be paying overtime or comp time for entry level workers. I don’t think the hours are dreadful but that will depend upon the clients and specific office. Hours for the tax department are dreadful during tax season.</p>
<p>The B4 should be paying more for entry level employees because they are trying to attract the “cream of the crop”. All large accounting firms need to recruit entry level employees each year. They count on the turnover because there aren’t as many higher level slots available (think pyramid structure). Large accounting firms do lose a lot of employees but not necessarily because they are overworked or underpaid. Head hunters look for employees with B4 experience. Many entry level employees decide after a few years that audited is not their thing and level for high level positions in companies. </p>
<p>IMO - the best route for an entry level auditor is to start with the B4 and switch later to a smaller firm if desired.</p>