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Old 08-08-2015, 07:44 AM
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Originally Posted by Unregistered View Post
well...just passed by and saw this post.
realized the salary level in big 4 in HK is quite different to Singapore.

In HK, our salary for normal rating in 2014: (1 SGD = 5.5 HKD)

Associate 1: HK$13000 (SGD 2,360)
Associate 2: HK$18600 (SGD 3,380)
Senior 1: HK$23000 (SGD 4,180)
Senior 2: HK$31500 (SGD 5,720)
Senior 3(AM): HK$36100 (SGD 6,560)
Manager 1st year:HK$46,500 (SGD 8,450)

Peak season (Jan - June) pay will be 25% higher.
The big 4 is not as monolithic as they advertise. The big 4 like to sell that they are a global professional services firm, but really every country act quite independently. They have their own fee model, and they bill independently. That is why you see quite a difference in remuneration, prestige and quality of candidates across countries. For instance, getting into big 4 consulting in the US and UK is highly competitive, and they get to recruit top graduates, and they pay competitively against the leading consulting firms. While in Singapore, candidates are less stellar, and the consulting arms do not enjoy the same level of recognition.

In fact, if you looked at the consulting market that is shaping up in the UK and the US - MBB aside - the big 4 are now 'almost' just as prestigious as consulting firms like RB, LEK and etc.
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