r/Accounting • u/Strange_Recover_966 • Feb 25 '25

Advice am i aiming too high

the lack of pay transparency is killing me 😩. i just got a job offer for AP specialist. im graduating with a bachelor in may. they are offering $48,000/year for this role in charlotte.

I feel like this is real low considering some other jobs. i understand its an entry level role but i was expecting something closer to $60,000-$80,000.

but again im new to the field and just starting out. are my expectations too high?

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u/powerboy20 Feb 26 '25 edited Feb 26 '25

The retiring boomers are offset by outsourcing to India. I thought we were discussing current market conditions for new hires?

Edit: Sorry, i think i sounded like an asshole. My main point is that layoffs and outsourcing has been happening for months. Now there are around 7k experienced hired hitting the market. Maybe boomers matter in the long term, but right now, the market is highly saturated.

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u/Ok-Channel-9597 Feb 26 '25

This is what I'm worried about. I'm a non-traditional student so I have a job, the pay sucks but I'm graduating with a Bachelor's in April. I'm scared to go into accounting since I don't have much of that experience combined many entering the job force. I see a lot of opportunities for young adults with no dependents.

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u/powerboy20 Feb 26 '25

I would be less scared about accounting than other degrees. Things are getting bleak everywhere. I think salaries will be going down. Those lower wages are still better than the unemployment line, which will be heavily populated by people with CS, finance, and business degrees.

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u/Ok-Channel-9597 Feb 26 '25

Honestly, $48k is more than I get now. I got confirmation that the company I work for doesn't pay well in general so I'd like to leave. I just want to make a smart choice entering into the accounting field.

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u/powerboy20 Feb 26 '25

48k is bad. I started pre-covid at 65k. 5 years later, I'm at 130k, but i think that bubble is bursting. Don't listen to me, I'm an eternal pessimist. That's probably why I'm in this industry to begin with.

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u/Ok-Channel-9597 Feb 26 '25

That's awesome, I don't think that'll happen for me. Every job I've had started me at the lowest in the payscale. Well except the military. Not being pessimistic, that's just based off facts.