Big 4 transaction services hours for associate
I was reading an article on TS in a Scandinavian country. The article says hours are 50-60 week. Would this as well as pay be similar in the U.S.? Anyone with specific knowledge on the jobs hours/work life balance would be greatly appreciated.
I have worked in TS in both Denmark, Finland and Norway and those guys usually work 8-6 on normal days, maybe a few more hours on days before reports were due. Sweden, on the other hand, normal days would be 8-8 or 9 with longer days, even all-nighters, before reporting. I currently work in TS in a central european country where we work similar hours to Sweden. I also often work with US teams and I would say they work slightly less than us so maybe 9-7 on normal days and a little bit longer hours before reporting.
I dont know know enough about pay in TS in the US so cant compare.
Pay is ~$60k base with $1-2k in "bonus" and another $5k if you pass the CPA ($3k for CFA). Hours depend on which group within TS
Hours are completely dependent on the group. They can be 40-50 in a few groups, or more like 55-75 in others. Some projects one of my friends has been on have had him working 9-12 5 days a week with some weekend work. His current project is a mostly a 9-5:30 gig though.
thanks guys. you said hours depend on which group you go into. Does depending on a group mean based on a choice of placement or is it just 100% luck of the draw?
The people I know are currently doing rotations through different groups and then will hopefully find a home in one of them after 2 years.
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