Quote:
Originally Posted by Unregistered
Many people here seem to think that you basically reach partner and that's it.
No! Generally there are 5-8 levels of partners across the big 4 and the pay differs widely. If you are at the entry level partner level 200-250k all-in is quite common.
The very senior ones will of course hit above 1 mil, but those tend to be executive level, I don't think there is any local executive in any of the big 4 based in SG now, a couple of caucasian expats at most.
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This guy is correct. Entry level partner is nothing more than a highly paid employee. He may be earning 20k/month only. As you get more senior and take on roles such as head of department, you join the profit sharing scheme where your salary really grows.
FYI I was not referring to senior manager which makes on average 10k/month only. The payscale is as such:
Associate 3k
Senior Associate 4k
Managers 5-8k
Senior Managers 9-11k
Directors 12-16k
Partners 20k and above
The previous poster who used to be director in KPMG can probably agree that my figures are roughly there. There is slight variation between big 4s and departments but the rough idea is there.
Don't be fooled by the "partner" tag... there are many more internal levels for them to climb. But once you make partner you're 99% assured of a job all the way until retirement. It's up to you whether you retire with a 20-30k salary or a 50-100k salary.