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The Power of Pay Transparency

The Power of Pay Transparency

Unique Cpa Featured Image Ep 241 Dominic Piscopo - The Power Of Pay Transparency - Tri-Merit

Crowdsourcing and More with Dominic Piscopo

Dominic Piscopo didn’t set out to disrupt the accounting world, he just wanted to know if he was being paid fairly. That simple question led him from pen-and-paper salary surveys at Deloitte to building Big 4 Transparency, a crowdsourced database now relied on by countless people in accounting. On Episode 241 of The Unique CPA, Dominic talks to Randy about how a weekend project snowballed into a vital resource for accountants, empowering individuals to advocate for themselves and helping firms confront the “loyalty tax” that drives talent away. He outlines the surprising power of open data, with openness a key to why he refuses to put a paywall between accountants and the information they need. Dominic has pushed through the challenges he’s faced in the project with trust and accuracy in the data and has ultimately forged a truly useful tool for the profession.

About the Guest

Dominic Piscopo is the founder of Big 4 Transparency, which aims to bring salary transparency to the accounting profession and facilitate conversations that move the overall industry forward. To individuals, it provides a free resource where they can find answers to key questions about their careers by answering the question of “how much should I be getting paid” better than anyone else in the accounting industry while providing additional career support along the way. For accounting firms, Big 4 Transparency provides in-depth analytics to allow them to answer the question of how they should be setting their compensation and pay philosophy by giving them the information they need to execute on that strategy effectively.

Dominic worked as a tax analyst at Deloitte and a financial controller and senior financial analyst at local firms before founding Big 4 Transparency.

Meet the Host

Randy Crabtree, CPA

Randy CrabtreeRandy Crabtree, co-founder and partner of Tri-Merit Specialty Tax Professionals, is a widely followed author, lecturer and podcast host for the accounting profession.

Since 2019, he has hosted the “The Unique CPA,” podcast, which ranks among the world’s 5% most popular programs (Source: Listen Score). You can find articles from Randy in Accounting Today’s Voices column, the AICPA Tax Adviser (Tax-saving opportunities for the housing and construction industries) and he is a regular presenter at conferences and virtual training events hosted by CPAmerica, Prime Global, Leading Edge Alliance (LEA), Allinial Global and several state CPA societies. Crabtree also provides continuing professional education to top 100 CPA firms across the country.

Schaumburg, Illinois-based Tri-Merit is a niche professional services firm that specializes in helping CPAs and their clients benefit from R&D tax credits, cost segregation, the energy efficient commercial buildings deduction (179D), the energy efficient home credit (45L) and the employee retention credit (ERC).

Prior to joining Tri-Merit, Crabtree was managing partner of a CPA firm in the greater Chicago area. He has more than 30 years of public accounting and tax consulting experience in a wide variety of industries, and has worked closely with top executives to help them optimize their tax planning strategies.

   

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