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Old 13-08-2023, 07:39 PM
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Originally Posted by Unregistered View Post
This stems from a few key factors:

1. Until a few years ago. Getting into accounting was hard. It was a min AAA/B course. However, because of this lack of interest and what not our dear NBS has tanked to a BBC/C or some **** course that everyone can get in. This degrades the local prestige and has affected the quality of local graduates.

2. Pay in the industry was stagnant at 3 for a good amount of time for a course that takes in AAA/B students. This is why theres a ton of complaints. However, the current starting is suitable for rubbish BBC/C students. Hence I would say it is reasonable because that is the skill level they are paying for.

3. The complaint comes from those who are better performing but also forced to join this stupid system of low pay, long hours with no promise of reward. This is a negative cycle that discourages good students from joining acc and as a result reduce the amount of good people in the profession and naturally, the quality of work.

So yes, 4k for scrubs to do work monkey can do is alright. But we dont want to be a profession that does things even monkeys can do. But in order for us to improve, it becomes a chicken and egg problem. Raise salaries > entice more ppl to join > quality improve. But the first thing that needs to be done is raise salaries for these monkeys before it can attract better people.

3k for AAA is imo, not competitive at all, and frankly quite horrible.
3.5k for BCC is decent.

This is just market forces of demand and supply at work.

Invisible hand.. market will move itself to equilibrium.

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