Q: Big4 - Yearly salary increment - Page 6 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Q: Big4 - Yearly salary increment

Reply
 
Thread Tools
  #51 (permalink)  
Old 26-02-2015, 01:44 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Average for AD is 10-11k, but I’m sure if the company want you enough they can easily up to 12k or even more.
In my country, within the designations, there is year wise brackets so it depends if you are joining as AD1 or AD2 or AD3...I have been told that I am being taken in as AD3

Reply With Quote
  #52 (permalink)  
Old 26-02-2015, 07:37 PM
Unregistered
Guest
 
Posts: n/a
Default Director level salary

Hello everyone, I am talking to one of the big4 for director level position based out of Singapore in advisory function. Can you tell me what is the sal range for a first year director in a big4 being based in Singapore. I have been quoted 13.5K monthly...is it high, reasonable or low

Reply With Quote
  #53 (permalink)  
Old 27-02-2015, 08:29 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hello everyone, I am talking to one of the big4 for director level position based out of Singapore in advisory function. Can you tell me what is the sal range for a first year director in a big4 being based in Singapore. I have been quoted 13.5K monthly...is it high, reasonable or low
13.5 is on low side, i know one at director level for basel risk consulting/advisory getting paid 18k



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #54 (permalink)  
Old 28-02-2015, 09:40 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Just to digress a bit, can anyone confirm if it is normal for a Associate Director in a big 4 to be paid 12k? I am now in the final interview round with PWC for an Associate Director role and when the subject of pay come up, HR keep hinting that they cannot give anything more than my current pay which is 10.6k due to "internal benchmark". I want to know if it's really true or just some negotiation tactic.
It depends on which Big 4 you are going to... if you're talking about the 3 lettered one, wow 10.6k for AD3 is kinda low considering the top grade SM (SM3/4, I forgot which) earns close to 10k. So only 600+ increment for 3 years of AD?

Don't forget to factor in the poor bonuses in Big 4... 2-3 months may be the norm there, that's including 13th month.
Reply With Quote
  #55 (permalink)  
Old 28-02-2015, 11:01 AM
Unregistered
Guest
 
Posts: n/a
Default

[QUOTE=Unregistered;63463]It depends on which Big 4 you are going to... if you're talking about the 3 lettered one, wow 10.6k for AD3 is kinda low considering the top grade SM (SM3/4, I forgot which) earns close to 10k. So only 600+ increment for 3 years of AD?

Don't forget to factor in the poor bonuses in Big 4... 2-3 months may be the norm there, that's including 13th month.[/QUOTEA couple of misconceptions here.
1) PWC (& I think the other 3 as wee) does not pay AWS. So what you get in bonus is all variable.
2) You cant compare the max of a SM with the min of a AD. You can only compare mid/average against mid/average. It is normal for the max of the grade before to be higher than the min of the next grade. In some levels the max of the lower grade might even be higher than the mid of the higher grade.
Reply With Quote
  #56 (permalink)  
Old 02-03-2015, 02:16 PM
Unregistered
Guest
 
Posts: n/a
Default

[QUOTE=Unregistered;63469]
Quote:
Originally Posted by Unregistered View Post
It depends on which Big 4 you are going to... if you're talking about the 3 lettered one, wow 10.6k for AD3 is kinda low considering the top grade SM (SM3/4, I forgot which) earns close to 10k. So only 600+ increment for 3 years of AD?

Don't forget to factor in the poor bonuses in Big 4... 2-3 months may be the norm there, that's including 13th month.[/QUOTEA couple of misconceptions here.
1) PWC (& I think the other 3 as wee) does not pay AWS. So what you get in bonus is all variable.
2) You cant compare the max of a SM with the min of a AD. You can only compare mid/average against mid/average. It is normal for the max of the grade before to be higher than the min of the next grade. In some levels the max of the lower grade might even be higher than the mid of the higher grade.
Given that an average SM reaches close to 10k before being promoted to AD1, AD3 at 10.6k is slightly low. SM to AD3 is 3 years of promotion and 10.6k implies only about $300 plus per promotion which is slightly below the norm. A SM who stays in the big 4 and gets promoted to AD3 will probably be drawing closer to 12k

A simple scale for first 5 years is:
A1 - 2700
A2 - 3100
SA1 - 3500
SA2 - 4500
AM - 5100

We're talking about 400-500 increment each time you are promoted. This is big 4 and not civil service where we have overlapping salary ranges and someone at MX11 can be paid more than someone at MX10.
Reply With Quote

  #57 (permalink)  
Old 02-03-2015, 04:50 PM
Unregistered
Guest
 
Posts: n/a
Default

[QUOTE=Unregistered;63564]
Quote:
Originally Posted by Unregistered View Post
We're talking about 400-500 increment each time you are promoted. This is big 4 and not civil service where we have overlapping salary ranges and someone at MX11 can be paid more than someone at MX10.
I don't think that is correct, at least for EY. In fact it is common complain there that the old birds at a certain rank end up higher paid than their boss, esp if its just 1 grade difference.
Reply With Quote
  #58 (permalink)  
Old 02-03-2015, 08:27 PM
Unregistered
Guest
 
Posts: n/a
Default

[QUOTE=Unregistered;63564]
Quote:
Originally Posted by Unregistered View Post

A simple scale for first 5 years is:
A1 - 2700
A2 - 3100
SA1 - 3500
SA2 - 4500
AM - 5100
What about for deal advisory or consulting departments? A1s start >3k but what is the salary progression after that?
Reply With Quote
  #59 (permalink)  
Old 03-03-2015, 03:49 PM
Unregistered
Guest
 
Posts: n/a
Default

[QUOTE=Unregistered;63577]
Quote:
Originally Posted by Unregistered View Post

What about for deal advisory or consulting departments? A1s start >3k but what is the salary progression after that?
friendly warning, a 3 lettered big4 consulting may be a shithole right now, of course depends on which consulting dept you are going to.

salary progression:
a1 3500 with no bonus
a2 3500
sa1 4000
sa2 4500
am 5100
m1 5x00

as shown, high starting salary is just to entice you, without a bonus your annual salary is actually behind other consulting peers.
Reply With Quote
  #60 (permalink)  
Old 03-03-2015, 04:28 PM
Unregistered
Guest
 
Posts: n/a
Default

[QUOTE=Unregistered;63592]
Quote:
Originally Posted by Unregistered View Post

friendly warning, a 3 lettered big4 consulting may be a shithole right now, of course depends on which consulting dept you are going to.

salary progression:
a1 3500 with no bonus
a2 3500
sa1 4000
sa2 4500
am 5100
m1 5x00

as shown, high starting salary is just to entice you, without a bonus your annual salary is actually behind other consulting peers.
Interesting, thanks for your insight. Just as a gauge, are you working at one of the big 4 consulting divisions? And, does the salary progression mean no salary increment from A1 to A2 but A2 but rather an included bonus?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Salary Increment to be 5.2% Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Yearly increment Button Income and Jobs 29 06-01-2018 09:43 PM
Annual Increment for Civil Service 2011 bswuming87 Income and Jobs 4 10-04-2011 09:19 PM
Annual Increment 1nch3r Income and Jobs 0 12-11-2010 12:36 AM
Can your Increment beat Inflation? Salary.sg Investments and Net Worth 9 24-04-2008 03:37 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,300 Replies, 4,981,112 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
677 Replies, 387,752 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
168 Replies, 308,553 Views
Career as Teacher ( 1 2 3... Last Page)
10,816 Replies, 6,660,568 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,660 Views
Compare civil service salary ( 1 2 3... Last Page)
16,341 Replies, 12,451,769 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,920 Replies, 2,901,731 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,451 Replies, 783,862 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,709 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,323,054 Views
Lawyer Salary ( 1 2 3... Last Page)
21,013 Replies, 10,327,310 Views
GovTech ( 1 2 3... Last Page)
5,159 Replies, 2,162,050 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 357,826 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,334 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,374,702 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,543,952 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,794 Replies, 1,042,841 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,337 Replies, 4,767,226 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,826 Replies, 4,655,382 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,237 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,737,973 Views
MX12 reappointed at MX11
8 Replies, 754 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
307 Replies, 368,543 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,172 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,141,625 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,904 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,354 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
206 Replies, 134,411 Views
Singapore Airlines ( 1 2 3)
22 Replies, 11,241 Views
NUS (National University of... ( 1 2 3... Last Page)
318 Replies, 318,763 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:43 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2