What do you do that you earn six figures?

r/financialindependence • u/fidgit86 • Aug 13 '21

It seems like a lot of people make a lot of money and it seems like I’m missing out on something. So those of you that do, whats your occupation that pays so well?

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653

u/danxthexman 32M / 68% SR Aug 13 '21

Accounting

144

u/sirnibs3 Aug 13 '21

Me too buddy guy are you in public

89

u/AJDillonsMiddleLeg Aug 13 '21

This thread is about people that make six figures of course they aren't in public

9

u/Wrong_Bad4922 Aug 13 '21

Im in public at 105k after a recent raise. Public is short staffed and all firms have been providing nice raises to retain people this year

5

u/AJDillonsMiddleLeg Aug 13 '21

I was mainly being sarcastic lol. I left public three years ago and it did seem like shortly after that the industry started going through some changes. And obviously as a result of what Covid did to the labor market, salaries in a lot of industries have gone through the roof.

1

u/Vendetta425 Aug 13 '21

How long did it take though to get to 100k after starting in public?

2

u/ayeeflo51 Aug 13 '21

I'll be making 100k after my raise next April, I'd be 4.5 years into public at that point

1

u/PowerVP 29d ago

3 years for me. Live in NYC though so YMMV

1

u/Wrong_Bad4922 2d ago

I started at 47.5k and hit 105k after 4.5 years

10

u/pyacc Aug 13 '21

Yeah I just finished up year 3 and I make 100k at a big 4. It’s pretty brutal though, we are so short staffed.

2

u/depreciatemeplz 29d ago

Left public as a manager at 80K, went to government auditing (down to senior from manager) and pay bumped to 101K. Living large.

2

u/A_Guy_Named_John 29d ago

My GF is in her 5th year of public and went from 98k to 115k for Manager 1 promotion.

3

u/TaxGuy_021 Aug 13 '21 edited 29d ago

I make 200k (with my bonus) with 4.5 years exp in PA.

There is a lot more to PA than monkey work.

3

u/kayGrim Aug 13 '21

Just curious, what are hours/work-life balance like?

A lot of the jobs being listed here come with the caveat that you're working 60+ hour weeks and I think a lot of people lose sight of the $/hr when they see that yearly income.

3

u/ayeeflo51 Aug 13 '21

I'll be making 100k after the yearly raise next year, but fuck working 60 hours lol with full time work from home, I barely work 30 hours during the slow weeks. Month end close can get rough but thats barely a 45 hour week.

2

u/TaxGuy_021 29d ago

30 to 60 hours a week.

I do tax consulting work (M&A, cross-border structuring, debt restructuring, etc.), so I'm always on the call. But I have a great relationship with a good number of partners in my group and the partners I answer to, so I get a lot of latitude as to how I get my work done.

1

u/kayGrim 29d ago

Thanks for the additional info!

-1

u/Vikings2326 Aug 13 '21

I’m in public and over 200k with 4 years of working experience 🤷‍♂️

4

u/[deleted] 29d ago

[deleted]

1

u/Vikings2326 29d ago

Nah dawg. My background is JD LLM in big 4 national tax. Graduated in 2017 and my starting pay was 130k.

5

u/Admirable_Address601 Aug 13 '21

Lol how is that even possible. that is director/partner salary and it take atleast 10 years to reach that in public

4

u/Imegaprime 29d ago

That's no where close to partner money buddy. Any top 15 firm is going to clear partners 450k at least.

2

u/gajoujai 28d ago

yeah seriously. if it's 200k no one would even want to grind til partner

3

u/superbit415 29d ago

director/partner salary and it take atleast 10 years to reach that

Not when your family members and or family friends own the company. Most likely the case here.

4

u/Vikings2326 29d ago

I have a JD / LLM background and I guess the company really wanted me? I dunno what to tell you dude. Graduated in May of 2017 and starting pay was 130k. Changed jobs a few months ago and got a good pay increase. Both jobs are big 4 in national tax department.

2

u/Admirable_Address601 29d ago

LLM background and I guess the company really wanted me? I dunno what to tell you dude. Graduated in May of 2017 and starting pay was 130k. Changed jobs a few months ago and got a good pay increase. Both jobs are big 4 in national tax department.

Ok that makes more sense then since you have JD/LLM. I assumed you has a bachelors in accounting and went to big 4 after graduating, starting salary there is around 65k in most big cities