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-   -   Q: Big4 - Yearly salary increment (https://forums.salary.sg/income-jobs/1506-q-big4-yearly-salary-increment.html)

Unregistered 05-12-2021 07:44 PM

Quote:

Originally Posted by Unregistered (Post 192620)
Good choice! I'm in EY too.

Haha EY HR trying to promote? Heard you have a hard time recruiting slaves for peak. Max loh hei

Unregistered 05-12-2021 07:52 PM

Quote:

Originally Posted by Unregistered (Post 192622)
Haha EY HR trying to promote? Heard you have a hard time recruiting slaves for peak. Max loh hei

What's wrong with promoting a good company? We have rejuvenation day, and we build a better working world!

Unregistered 05-12-2021 08:20 PM

Quote:

Originally Posted by Unregistered (Post 192624)
What's wrong with promoting a good company? We have rejuvenation day, and we build a better working world!

What is this rejuvenation day?

Unregistered 05-12-2021 08:33 PM

Quote:

Originally Posted by Unregistered (Post 192626)
What is this rejuvenation day?

Some wayang thing by Max Loh Hei!

Unregistered 05-12-2021 08:38 PM

Quote:

Originally Posted by Unregistered (Post 192628)
Some wayang thing by Max Loh Hei!

Are you even in EY?

Unregistered 05-12-2021 08:43 PM

Quote:

Originally Posted by Unregistered (Post 192612)
This is just my personal observation and I have no statistic or evidence to back this up. It’s really subjective anyway - From speaking with friends, B4 doesn’t seem as attractive or appealing a starting choice for a career in 2021 as compared to 2013.

Is this because of the rise of other sectors such as Tech, or are Banks management associate programmes higher in remuneration, or just the idea that you need to put in hard work in earlier years to learn the ropes not desirable to fresh graduates?

Or perhaps the introduction of the Singapore Chartered Accountant Qualification, as compared to the previous 5 days Pre-Admission Course to become a Chartered Accountant also a factor?

imo, its a combination of the above factors. also to generalize a bit, the younger generation places work life balance higher up on their list of priorities. my observation is that it used to be people knew what they wanted when they come b4, go through the grindhouse use it as a stepping stone or whatever reason they want. nowadays it seems like they are here just because they dont know what to do and just know that coming big4 wont go wrong.

Unregistered 05-12-2021 08:48 PM

Can someone share about EY TMT department
-culture , prospects , growth

Unregistered 05-12-2021 09:00 PM

Quote:

Originally Posted by Unregistered (Post 192630)
imo, its a combination of the above factors. also to generalize a bit, the younger generation places work life balance higher up on their list of priorities. my observation is that it used to be people knew what they wanted when they come b4, go through the grindhouse use it as a stepping stone or whatever reason they want. nowadays it seems like they are here just because they dont know what to do and just know that coming big4 wont go wrong.

Where did the work life balance thing come from?

I didn’t hear much about it in back in my day but is it like the “in” thing now?

Unregistered 05-12-2021 09:06 PM

Quote:

Originally Posted by Unregistered (Post 192612)
This is just my personal observation and I have no statistic or evidence to back this up. It’s really subjective anyway - From speaking with friends, B4 doesn’t seem as attractive or appealing a starting choice for a career in 2021 as compared to 2013.

Is this because of the rise of other sectors such as Tech, or are Banks management associate programmes higher in remuneration, or just the idea that you need to put in hard work in earlier years to learn the ropes not desirable to fresh graduates?

Or perhaps the introduction of the Singapore Chartered Accountant Qualification, as compared to the previous 5 days Pre-Admission Course to become a Chartered Accountant also a factor?

Reason is very simple. The pay at Big 4 doesn't match up to other sectors and they have worse work life balance. Why would someone willingly go there unless they have nowhere else to go? Even if they wanted to make equity partner, they might as well work in an MNC/bank/govt as fresh grad first then come in as an experienced hire (e.g. Manager/Assoc Dir).

Unregistered 05-12-2021 09:36 PM

Quote:

Originally Posted by Unregistered (Post 192612)
This is just my personal observation and I have no statistic or evidence to back this up. It’s really subjective anyway - From speaking with friends, B4 doesn’t seem as attractive or appealing a starting choice for a career in 2021 as compared to 2013.

Is this because of the rise of other sectors such as Tech, or are Banks management associate programmes higher in remuneration, or just the idea that you need to put in hard work in earlier years to learn the ropes not desirable to fresh graduates?

Or perhaps the introduction of the Singapore Chartered Accountant Qualification, as compared to the previous 5 days Pre-Admission Course to become a Chartered Accountant also a factor?

There have been a couple of pay increment in (some of the common) Bank MA programmes between 2013 - 2021. Bank MA programme (or corporate MA programme) are the next natural choices for accountancy students, so it is not unusual if we see less willingness solely based on pay discrepancies.

I don't think people think so much about the CA qualification prior to joining. But yes, the new CA qualification requirement is a bloody waste of time and too taxing. They have already mugged for 3 or 4 years in universities, and they still have to mug again while oting in audit.

Unregistered 05-12-2021 09:46 PM

Quote:

Originally Posted by Unregistered (Post 192629)
Are you even in EY?

What? Max Loh is awesome he gave us rejuvenation day. Be like Max Loh

Unregistered 05-12-2021 10:15 PM

Quote:

Originally Posted by Unregistered (Post 192634)
Reason is very simple. The pay at Big 4 doesn't match up to other sectors and they have worse work life balance. Why would someone willingly go there unless they have nowhere else to go? Even if they wanted to make equity partner, they might as well work in an MNC/bank/govt as fresh grad first then come in as an experienced hire (e.g. Manager/Assoc Dir).

theres a lot of assumptions made in this statement. its a lot harder to do well at all these places, in the course of an audit, it becomes apparent that majority of people with more experience in general dont have the same pay slope as big4. with that flatter slope you jump to big 4, i dont see how you catch up to the person already ahead of the curve. its a different ball game jumping from professional services to corporate and vice versa.

Unregistered 05-12-2021 10:17 PM

Quote:

Originally Posted by Unregistered (Post 192631)
Can someone share about EY TMT department
-culture , prospects , growth

it will prepare you for anything and everything

Unregistered 05-12-2021 10:50 PM

Quote:

Originally Posted by Unregistered (Post 192630)
imo, its a combination of the above factors. also to generalize a bit, the younger generation places work life balance higher up on their list of priorities. my observation is that it used to be people knew what they wanted when they come b4, go through the grindhouse use it as a stepping stone or whatever reason they want. nowadays it seems like they are here just because they dont know what to do and just know that coming big4 wont go wrong.

of course work life balance is important. nobody regrets not working harder for the company on their death bed. i always do the bare minimum at big 4 and still managed to last until senior. fake it till you make it. i strongly advise everyone to do the bare minimum so that the greedy bastard partners will know that they have to hire more people instead of asking 1 person to tank 2-3 person workload

i always laugh at my colleagues who OT until 3am and sacrificed their weekends for the company while i refuse to work on weekends. my rating is ok cause i know how to fake it

Unregistered 05-12-2021 10:57 PM

EY is the best. Work life balance is good, I work from home, I can exercise, go on lunch dates . I dont work after 8 pm and I can wake up late.

No one bugs me about what Im actually doing on a day to day basis, as long as I keep producing my work when its due , they're ok.

Health and medical benefits and welfare fund is great too

Unregistered 05-12-2021 11:45 PM

Quote:

Originally Posted by Unregistered (Post 192567)
What do you mean negotiate? Doesn’t B4 have fixed predetermined salary bands?

At most you can nego within the band but it’s really narrow.

Ok.. They offered SM1 that I wasn't keen for. Would anyone happen to know the band for SM2 in business consulting - EY.

Unregistered 06-12-2021 12:05 AM

Quote:

Originally Posted by Unregistered (Post 192647)
EY is the best. Work life balance is good, I work from home, I can exercise, go on lunch dates . I dont work after 8 pm and I can wake up late.

No one bugs me about what Im actually doing on a day to day basis, as long as I keep producing my work when its due , they're ok.

Health and medical benefits and welfare fund is great too

Actually everyone should just do the bare minimum. I hate those ****ers who OT until 4am and send email to client, manager and partner at 3-4am. Don't spoil market and try to wayang. You think partner will suddenly reward you with 3 months bonus for your hard work?

Work is never ending so just do what you can do and shut down laptop latest by 8pm

Unregistered 06-12-2021 12:25 AM

Quote:

Originally Posted by Unregistered (Post 192647)
EY is the best. Work life balance is good, I work from home, I can exercise, go on lunch dates . I dont work after 8 pm and I can wake up late.

No one bugs me about what Im actually doing on a day to day basis, as long as I keep producing my work when its due , they're ok.

Health and medical benefits and welfare fund is great too

Can you stop lying and spreading fake news? EY HR resorting to this tactic now to lure more fresh grads, wow. Max Loh idea?

Unregistered 06-12-2021 12:38 AM

Quote:

Originally Posted by Unregistered (Post 192653)
Actually everyone should just do the bare minimum. I hate those ****ers who OT until 4am and send email to client, manager and partner at 3-4am. Don't spoil market and try to wayang. You think partner will suddenly reward you with 3 months bonus for your hard work?

Work is never ending so just do what you can do and shut down laptop latest by 8pm

I am from EY, can confirm this is troll

Unregistered 06-12-2021 01:14 AM

Quote:

Originally Posted by Unregistered (Post 192656)
I am from EY, can confirm this is troll

Troll your head. I never work during weekends one. I don't understand why so many people love to work during weekends during off peak period. There are many idiots who love to send email at 3-4am. Hello, don't wayang leh. How old already still want to wayang? You think people will reply at 3am?

There are also many clueless senior managers in EY who do not know how to manage people. They just tachi most of the stuff to the senior and assistants and do not bother to provide explanation or guidance. The firm pay you 10k for what? No wonder EY is like shiit with all these incompetent senior managers and greedy partners

Unregistered 06-12-2021 09:58 AM

All the best to candidates sitting for papers this week!

Unregistered 06-12-2021 11:23 AM

Quote:

Originally Posted by Unregistered (Post 192631)
Can someone share about EY TMT department
-culture , prospects , growth

The situation is very bad, the highest turnover among all sectors. Even the lead admin manager has tendered lol. Majority of the managers are malaysians. The partners are the youngest and hardcore among all the department. The fastest growing sector in the firm.

But we have the biggest technology clients. Google, Apple, facebook, Amazon etc are all EY clients. Doesnt mean you will get to audit them.

Join at your own risk. The partners here are brutal. (The female tmt partners are mostly single)

Unregistered 06-12-2021 01:02 PM

is EY tMt department very prestigious to be in? is it slack or busy?

Looks like EY really has best clients

Unregistered 06-12-2021 01:04 PM

Does anyone know the salary for deloitte forensic advisory?

Unregistered 06-12-2021 01:04 PM

wow so being SM in TMT EY is very very good since its fastest growing so most slots of partners to be

Unregistered 06-12-2021 01:05 PM

No wonder my cousin gunning in EY TMT to be partner, already on the list
but she doesn't seem to work very hard

Unregistered 06-12-2021 01:07 PM

SO If you're in TMT you only audit tech firms? so boring

Unregistered 06-12-2021 01:17 PM

Quote:

Originally Posted by Unregistered (Post 192697)
No wonder my cousin gunning in EY TMT to be partner, already on the list
but she doesn't seem to work very hard

Yeah right haha. There are too many jobs and too few managers and staff.

Unregistered 06-12-2021 01:21 PM

Quote:

Originally Posted by Unregistered (Post 192698)
SO If you're in TMT you only audit tech firms? so boring

You need to understand the term tmt which is commonly used in the business world before commenting.

The big four splits its audit into different sectors for specialisation.

Unregistered 06-12-2021 02:29 PM

Quote:

Originally Posted by Unregistered (Post 192640)
What? Max Loh is awesome he gave us rejuvenation day. Be like Max Loh

Apparently rejunvenation day deduct annual leave. So like no diff eh. End up working full day still.

Unregistered 06-12-2021 02:50 PM

Quote:

Originally Posted by Unregistered (Post 192701)
Apparently rejunvenation day deduct annual leave. So like no diff eh. End up working full day still.

Crazy. I thought they give free 1 day annual leave. **** max loh. Never mind I will continue to do the bare minimum to sabo his client

Unregistered 06-12-2021 03:09 PM

Quote:

Originally Posted by Unregistered (Post 192702)
Crazy. I thought they give free 1 day annual leave. **** max loh. Never mind I will continue to do the bare minimum to sabo his client

Lol it’s EY and Max loh hei we’re talking about. Free leave and max don’t go hand in hand

Unregistered 06-12-2021 03:10 PM

If we are talking about media coverage to wayang then yes sir max is first to report

Unregistered 06-12-2021 04:42 PM

It did not deduct annual leave, know before you speak

secondly, what do u guys have against max? he is just doing his job
do u mean the boss before him is any different

Unregistered 06-12-2021 04:45 PM

Quote:

Originally Posted by Unregistered (Post 192711)
It did not deduct annual leave, know before you speak

secondly, what do u guys have against max? he is just doing his job
do u mean the boss before him is any different

Agreed.

Max Loh gives Rejuvenation Day for the welfare of his employees.

Be like Max Loh.

Unregistered 06-12-2021 05:14 PM

Quote:

Originally Posted by Unregistered (Post 192711)
It did not deduct annual leave, know before you speak

secondly, what do u guys have against max? he is just doing his job
do u mean the boss before him is any different

Okayy lets build a better working world! Wait but how come the attrition rate increases after he took over??

Unregistered 06-12-2021 08:13 PM

How does EY get all the big and best clients if they're as bad as you say

Unregistered 06-12-2021 08:14 PM

Assurance side of TMT in yellow is really single female partners and SMs. I tell you , their peri-menopausal and their peri-menstrual mood swings- I just cannot

Unregistered 06-12-2021 08:30 PM

To the unverified poster that has been posting all the yellow materials, please exercise some restraints.

Ultimately, given the fact that you are able to post certain intimate information about yellow, I would presume you used to work in there. Will like to let you know that it's just a job in the end. There is no need to drill-down towards specific department and criticise to such extent.. live n let go. End of day, it is part of learning. This is part of life. If you're still in there, maybe part of you like the place after all? If you're no longer there, then why so much hatred?

It is fine if you're still keen to vent out your frustration in this forum. But there is really no need to drill down to a specific department.

Overall, there are goods and bads in every place. Focus on the good.. wishing you all the best. =).

Unregistered 06-12-2021 08:46 PM

Well im happy with my APPLE discount so im fine inyellow
the rest can suck thumb


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