 |
|
03-04-2023, 01:40 PM
|
|
|
Does Big 4 consulting have a lot of politics?
|
03-04-2023, 02:05 PM
|
|
|
i am a big4 partner. i am so successful in life.
|
04-04-2023, 09:25 PM
|
|
|
EY mobile allowance
Hi all,
Does EY provide mobile allowance?
Thank you.
|
04-04-2023, 10:14 PM
|
|
|
Quote:
Originally Posted by Unregistered
i am a big4 partner. i am so successful in life.
|
How are equity sg partners paid ?
Monthly or how
|
04-04-2023, 10:39 PM
|
|
|
Quote:
Originally Posted by Unregistered
How are equity sg partners paid ?
Monthly or how
|
You buy in at an extortionate amount for your fixed share of equity. No capital? Firm offers you a loan to fund your buy-in and you hope you generate enough annually to pay off the loan + interest and hv some leftover for yourself n to contribute your own cpf. Oh and pay income tax.
Every month u draw a measly sum of the firm's anticipated profits based on your fixed share.
Slog for a few years and your share will gradually increase, and you upgrade from drawing a measly sum to a not so measly sum.
Slog for a few more years n u might just be entitled to a bonus drawing on top of your usual drawing as an equity partner, if u are a rainmaker.
sounds good?
|
05-04-2023, 10:07 AM
|
|
|
Quote:
Originally Posted by Unregistered
You buy in at an extortionate amount for your fixed share of equity. No capital? Firm offers you a loan to fund your buy-in and you hope you generate enough annually to pay off the loan + interest and hv some leftover for yourself n to contribute your own cpf. Oh and pay income tax.
Every month u draw a measly sum of the firm's anticipated profits based on your fixed share.
Slog for a few years and your share will gradually increase, and you upgrade from drawing a measly sum to a not so measly sum.
Slog for a few more years n u might just be entitled to a bonus drawing on top of your usual drawing as an equity partner, if u are a rainmaker.
sounds good? |
Very good!!!! Bestest deal in sg
|
05-04-2023, 11:49 AM
|
|
|
Quote:
Originally Posted by Unregistered
Hello, does EY close office on Christmas eve till new year?
i.e. Employees get free leaves?
|
Yes free leave but still have to complete work on time.
By the way, how's the job market now
|
06-04-2023, 08:25 PM
|
|
|
Quote:
Originally Posted by Unregistered
Back in my day… 90% of accountancy graduates started out in big 4… 90% gave up halfway and went to industry as APAR / Fund / Financial Accountants but the remaining 10% who were mentally strong to persevere became partners. Most of the partners I know are currently making serious money here (average 400-600k all in per annum). Those who left earlier only making around 200k per annum. Difference in pay is 2-3x more…
Stay woke salaryman, be a business owner rather than an employee…
|
Are you sure all the remaining 10% have become partners?
|
|
|
Posting Rules
|
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» 30 Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
