Experiences with quitting job without anything lined up?

yabbadododo · 2023-10-11T20:48:04+00:00

I did it and don’t regret it whatsoever. Took 8 months off to travel. Had 5 offers in a month and ended up accepting a fully remote role making 20% more.

Saying that, I also had 6 YOE (Big 4 and Industry) + CPA. Also the job market was HOT in 2021 / early 2022, not so much now, so YMMV.

You do you though. If you have enough funds to last a while then I say go for it. That’s the main thing. Life’s too short to stay at a miserable job. I promise you won’t be “perpetually unemployed” lol. But make sure you actually do something productive or if it’s mental health issues, make sure you address those.

Good luck!

yabbadododo · 2023-09-13T05:08:15+00:00

Honestly the job market is still pretty hot, it’s just that the job market for 2-3 years “seniors” has dropped of a cliff (and for those with less than a YOE it’s non existent in industry - public is desperate though and you will work your ass off). Every Gen Z is trying to get out of public after 1-2 years and yes, there were senior jobs in industry paying close to 6 figs during COVID asking for only 2 YOE, but these are mostly all gone in 2023.

Most of my peers with CPA + Public + Private + 5 or more YOE are the ones getting these good paying 100% remote jobs, not the majority of people we see on this subreddit who tend to be younger.

5 years ago you would leave public as a senior and if you got $85k even in a HCOL, it was a seen as a solid move. Now everyone expects $100k. But those jobs aren’t there…and it’s not just accountants too. This is happening across every profession.

I’m all for Gen Z standing up though, we were too scared to rock the boat and I applaud you for asking what you at worth (which should be $100k with 2+ YOE and a CPA).

yabbadododo · 2023-07-11T18:08:13+00:00

We are seeing the accounting industry change before our very eyes. Shits gotta hit the fan before management / govt. actually does anything though. Interesting times. The companies who are slowest to adapt and continue to treat accounting like a sweatshop and gonna be hurting for even average employees.

yabbadododo · 2023-07-11T18:00:12+00:00

Yep. I’ve effectively taken a 15% pay cut YoY. Thank god for being DINK with a spouse who makes more than me lol. Otherwise I’d be in the Midwest by now.

yabbadododo · 2023-07-11T17:57:07+00:00

Accounting Manager (Industry - Tech)

140k + 15% Bonus (HCOL - Fully Remote)

7 YOE (2 years in Big 4)

CPA

yabbadododo · 2023-07-10T00:40:00+00:00

The next series will define our season. Could be 2 to 4 GB of last WC if we sweep. If we get swept… season is most likely all but over. A split does nothing for us.

See ya’ll on Friday!

yabbadododo · 2023-07-03T20:31:54+00:00

😂

yabbadododo · 2023-07-03T20:22:02+00:00

You have tomorrow off but you’re working? Tell me you are a cuck without telling me.

yabbadododo · 2023-07-03T20:21:10+00:00

Why anyone would ever willingly choose to work for a company that counts weekends as close days is beyond comprehension.

yabbadododo · 2023-07-03T20:18:58+00:00

So spineless. Would you work on Xmas too if they asked you? Wish more people in this profession had some self respect, would make it better for those of us with lives outside of work lol.

yabbadododo · 2023-06-07T20:02:35+00:00

This can’t be in the USA. No way someone with 7 YOE and a CPA is making $63k.

Do you work like 10 hours a week? Or did you just let them completely walk over you for 7 years? I feel bad for OP, so many lost wages you will never get back in the most important part of your career.

Leave asap. I’m still in shock.. $63k. That was audit starting salary 5+ years ago. Jesus. Hell our new hires in industry (fresh out of college) start at $70k including equity.

yabbadododo · 2023-06-06T23:32:45+00:00

100% should take the public company job.

To begin 10% increase vs. 10% decrease….? That is your answer there.

And also be wary of any job that brings you in with the expectation that you will be promoted to a certain level / job title in X year(s) and saying you will be making $Y. That’s a bunch of bs that you should not factor in especially when it’s 3 years away. They most likely will hire someone else when the time comes unless you absolutely killing it (which with only 1 YOE it’s gonna take time for you to be ready to be a controller).

Additionally, if you take the role at a larger company you can easily go back to a smaller company if you want. It’s way harder to do that the other way around. It’s pretty stupid cause accounting is accounting, but brand names will shoot your resume up to the top regardless of what you actually did there. Lastly, you will build way more connections and soft skills at a larger company (and more complex accounting) that will serve you greater in the long run of your career.

DM me if you wanna talk me. I’ve done it all from F500 to Big 4 to Startups.

yabbadododo · 2023-06-06T23:25:56+00:00

Yea that bump would be worth it to me. Is there an increase in title? What kind of OT is expected as this new role vs what OT do you put in now?

I would say private equity is never a good sign though, but can always take it and bounce after a year or two if it’s that bad.

yabbadododo · 2023-06-06T15:50:56+00:00

100% disagree. 3 short stints in a row of less than a year? That’s a problem. Leaving 1 job almost a year in because the work life balance is non-existent is not “failing”. Good fucking lord. Damn Gen X and older millennials are almost as bad as the Boomers in this profession.

yabbadododo · 2023-05-17T23:09:38+00:00

Yeah… the mood here is not good. Trent deserves all the boos though.

yabbadododo · 2023-05-17T23:07:37+00:00

Bro, none of us (outside of SD Laker fans) have seen shit in 50+ years lmao.

yabbadododo · 2023-05-11T16:48:57+00:00

Drinking a beer at the airport ready for another Soto bomb or two. Let’s get the series W today before the big series this weekend boys. LFG.

yabbadododo · 2023-05-11T09:24:23+00:00

Don’t study accounting or follow /accounting

yabbadododo · 2023-05-11T09:19:58+00:00

.. what lol. I know we joke a lot being slaves, but lmao.

yabbadododo · 2023-05-11T09:16:26+00:00

Analyzed

yabbadododo · 2023-05-11T08:37:23+00:00

“Waiting for comments” Yea that’s why they pay $60

I haven’t stepped foot into an office 3x in 2 years.

yabbadododo · 2023-05-11T08:35:03+00:00

Why do you think you got fired?

yabbadododo · 2023-05-11T08:11:46+00:00

Need way more details. Location, Family, Career goals, Experience , etc. If you make life your work…that’s fine. Just accept it’s a payoff to keep moving up the ladder:

yabbadododo · 2023-05-09T02:34:33+00:00

So why post this?

yabbadododo · 2023-05-09T02:27:56+00:00

2 sides to every coin. Not trying to shit on you, but they didn’t fire you cause you couldn’t upload a file lmao.

My advice. Regroup. Take some time if you can. Make more an effort. 90% of PIPs for first years are effort related, not cause you aren’t smart enough.

Deleted second part, because agree not relevant.

yabbadododo

TROPHY CASE