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Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now

Rishat IslamRishat IslamSeptember 9, 2023
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Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now
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Stephanie Heredia’s promotion was a year too late and came up more than a few dollars short. Heredia, 29, took a job as an accountant at a small Tampa, Florida company with the promise that her starting salary of $60,000 would increase to $100,000 after a year.

But at the last minute she spoke. Chance, the schedule became two years. Her final salary—$90,000, plus commissions. As the organization grew from four people to 25, Heredia’s responsibilities ballooned. She was charged with opening a new division in Puerto Rico, which began generating an additional $2 million a year for the company, but asking for a raise “felt like talking to a brick wall,” Heredia said.

“I was doing over $300,000 a year in sales, but I was only making $90,000 doing all the work for the clients I brought in.” [and] The other one works in the company,” Heredia said. “Unfortunately, I have too many spreadsheets comparing the money I’m bringing in. [versus] Bringing it home!”

“I started to realize that I had to burn out fast,” she recalls. I decided that I could not continue to build someone else’s dream.

Heredia is far from alone. Employees who move into leadership positions are increasingly stressed, new research shows. Indeed, it is employees who gain primary promotion to management. They are more likely to leave their employer. According to a recent study, compared to employees who were not immediately promoted Payment processor ADP. And Galip Poll This week found that managers are more likely to be burned out or disengaged than employees in general.

“[B]The boss usually comes with his perks. Unfortunately, it’s mostly hard work today,” Gallup said.

Nearly two-thirds of respondents said their responsibilities had increased, while 42% said their budgets had been cut. Perhaps not surprisingly, most managers are currently looking for new jobs, Gallup found.

For Heredia, the growth she was looking forward to came after she made the decision to leave. Her boss called her into his office and offered her a full share in the company for a promotion to partner.

This brings her total salary to $120,000, but she is no longer eligible for commissions – meaning her total pay is cut. Still, Heredia said she accepted it with fatigue. “I thought that because I worked so hard, accepting it would fix my anger and make me whole again,” she says.

does not. Six months later, Heredia created her own company. Taxes A year after leaving Tampa, she says, “she’s never felt better.”

This story is featured in the beginning Fortune.com

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