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The Accounting Podcast
Pay Transparency Website Levels Playing Field for Accountants
Jan 23, 2024
Dominic Piscopo, Founder of Big4Transparency.com, discusses the value of using the platform for salary negotiation and highlights trends in accounting salaries. They also explore the impact of job hopping on earnings, the relationship between work environment and job satisfaction, and their consulting work on determining pay levels for firms.
24:16
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Quick takeaways
- Big4Transparency.com provides crowd-sourced salary data for CPAs, empowering individuals to negotiate fair compensation.
- Changing firms can lead to significant salary increases, with external hires often earning higher wages compared to internal promotions.
Deep dives
Big4Transparency.com: Providing Salary Data and Compensation Insights
Dominic Piscopo, CPA, discusses Big4Transparency.com, a website that crowd-sources salary data and compensation information from CPAs primarily in North America. The website allows users to compare their salaries with others in the industry and offers insights into compensation strategies for firms. Dominic shares his motivation for starting the site, driven by his personal experience of discovering lower compensation in accounting compared to his nightlife job. The site has garnered over 15,000 submissions, providing valuable data for individuals looking to negotiate their salaries and for firms to analyze compensation trends.
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