Manifesto to the Big 4
The big 4 have perpetuated the culture and traditions that have lead to the miserable, burned out state of accountants and the industries continual decline. You feel the effects and I bet that's why your looking into a career change now.
#big4suck
The accounting industry is suffering.
- Decline in college enrollment rates for accounting degrees
- Increase in number of accountants leaving the accounting industry
Both of those issues can be traced back to burnout on account of the big 4's demand for ridiculous work hours and lack of care for their employees.
They would have you believe that's just the way it is because there's a deadline and a ton of work to do beforehand. Basically the nature of being an accountant is you work a lot of hours. It's either suffering through it or don't be in the accounting industry at all. How stupid is that!
Here's a table for you data lovers showing how at Incite you can have both a successful accounting career and avoid burnout.
Expectation
Traditional Tax Firms
Incite Tax
Average Annual Billable Hours
2,500 – 2,800 per Year
1,812 Hours per Year
Professional & Personal Development – NOT INCLUDING CECs
0 Hours per Year
100 Hours per Year
Equivalent 8-Hour Days per Year
312 – 350 Days per Year
239 Days per Year
Average Hours Worked per Week During Tax Season
55 – 60 Hours per Week
42.6 Hours per Week
INCENTIVE: One Hour of Accrued PTO Credit for Every Hour Over 40 Worked in a Week (Capped at 15 PTO Credit Hours per Week)
Average Compensation Based on Experience
$85,000
$75,000 - $100,000
Average Effective Hourly Rate
$32 per Hour
($85,000 divided by 2,650 Billable Hours per Year)
$44 per Hour
($85,000 divided by 1,812 Billable Hours + 100 Prof & Personal Development Hours per Year)
PTO
Two Weeks
Unlimited and Flexible Based on the Schedule and Hours You Choose to Work
Company Holidays
8 – 9 Paid Company Holidays
14 Paid Company Holidays Annually – Including Dec 24th – January 1st
Lifespan in Industry
Two-to-three years
LIFER who loves what they do while enjoying tremendous work-life harmony
Make a Difference!
Unconscionable hours, never ending workload, and a ridiculously long career path to partner are just a few of the things wrong with the accounting industry. Here's the thing, helping to change the industry is easier than you think. It begins by making a change for yourself.
Apply NOW
