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Q: Big4 - Yearly salary increment

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  #16351 (permalink)  
Old 06-05-2024, 10:02 PM
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Huhhh? They openly announce the pay rise only for 1rank? Lol r they trying to make more ppl tender?
From the previous posts, they mentioned its associate 1 pay. $4k

They just need local associates and foreign seniors. It will work

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  #16352 (permalink)  
Old 06-05-2024, 11:06 PM
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Non-tech and non-finance industry in SG in general is underpaid. I've attended so many interviews and every one of them offered so little for 4 years of experience. Luckily I got a referral and managed to snag an entry-level non accounting role that gave me a pay bump. No wonder the intake for accountancy is falling....
lol the gov is not doing much to save this industry. The root cause has not been eliminated: there's no work life balance and low wages. The situation won't change much in the future, even with the extra exemptions given to future accounting graduates. I guess sgp will become the “global accountancy hub” by outsourcing or relying on foreign manpower.

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  #16353 (permalink)  
Old 06-05-2024, 11:29 PM
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From the previous posts, they mentioned its associate 1 pay. $4k

They just need local associates and foreign seniors. It will work
No more foreign seniors worrr. MOM don’t wanna approve work pass dyy



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  #16354 (permalink)  
Old 06-05-2024, 11:37 PM
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lol the gov is not doing much to save this industry. The root cause has not been eliminated: there's no work life balance and low wages. The situation won't change much in the future, even with the extra exemptions given to future accounting graduates. I guess sgp will become the “global accountancy hub” by outsourcing or relying on foreign manpower.
I started my career in this field, so I’ve never “tasted” this work life balance you speak of.

It’s like asking a blind person to visualise colours.

How do people outside spend their time, if not in office until late?
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  #16355 (permalink)  
Old 06-05-2024, 11:38 PM
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From the previous posts, they mentioned its associate 1 pay. $4k

They just need local associates and foreign seniors. It will work
My firm hasn’t announced anything.

But I would imagine if they raise A1, shouldn’t the other ranks ask for a revision too?
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  #16356 (permalink)  
Old 06-05-2024, 11:48 PM
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No more foreign seniors worrr. MOM don’t wanna approve work pass dyy
Not an issue, seniors are getting outsourced at 2k SGD. Just let the local associate go down to client to show face and vouch, not like seniors do much paper vouching anyway.

I'm guessing they're gonna do it like this:
A1 4k
A2 4.2k
S1 4.8k
S2 5.3k

Prestige of "high-pay" entry level (which is what students care about) is maintained and they get to hire 5 foreigners for every local, win-win.
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  #16357 (permalink)  
Old 06-05-2024, 11:56 PM
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Not an issue, seniors are getting outsourced at 2k SGD. Just let the local associate go down to client to show face and vouch, not like seniors do much paper vouching anyway.

I'm guessing they're gonna do it like this:
A1 4k
A2 4.2k
S1 4.8k
S2 5.3k

Prestige of "high-pay" entry level (which is what students care about) is maintained and they get to hire 5 foreigners for every local, win-win.
Yeap please do this. Let this be the tipping point for more resignation
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  #16358 (permalink)  
Old 07-05-2024, 02:09 AM
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Yeap please do this. Let this be the tipping point for more resignation
800 more for 2 YOE? Lemao better off flip prata at downstairkopitiam
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  #16359 (permalink)  
Old 07-05-2024, 09:22 AM
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Originally Posted by Unregistered View Post
Not an issue, seniors are getting outsourced at 2k SGD. Just let the local associate go down to client to show face and vouch, not like seniors do much paper vouching anyway.

I'm guessing they're gonna do it like this:
A1 4k
A2 4.2k
S1 4.8k
S2 5.3k

Prestige of "high-pay" entry level (which is what students care about) is maintained and they get to hire 5 foreigners for every local, win-win.
Nah 4k isn’t enough. If you want to appeal fresh grads you just need to game the GES by offering high starting pay.

Imagine if they pay A1 5k but increase by $200 every year… it will still work better.
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  #16360 (permalink)  
Old 07-05-2024, 09:56 AM
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Nah 4k isn’t enough. If you want to appeal fresh grads you just need to game the GES by offering high starting pay.

Imagine if they pay A1 5k but increase by $200 every year… it will still work better.
Difficult bro. Recovery cannot cover. The more u progress , the thinner ur team should be. Audit is on triangle model, not inverted triangle. Cannot top heavy
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