Quote:
Originally Posted by Unregistered
For audit, there were pay revisions in past 2 years in some of the firms
This seem to have created an expectation especially for the younger ones that pay revision is an annual event.
Sorry to disappoint but for some firms, the pay scale didn’t change for at least 5 years before this.
Reminds me… in 2018 can adjust Retained Profits because of FRS 109 and in 2019 can adjust because of FRS 116. Then got aunties happy happy thought that every year can suka suka adjust one.
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one well known adjustment is also last year as KPMG announced to whole world they will be increasing up till 20% for the lower level peeps.. heard our boss for consulting side,my firm said april would have adjustment depending on economy, but since it didnt then ya. listen can alr, dont put up high hopes... but some people thought yearly adjustment one, but never read / keep up with news... US laying off people still want adjustment...