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Q: Big4 - Yearly salary increment

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  #11151 (permalink)  
Old 11-08-2023, 07:16 PM
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one well known adjustment is also last year as KPMG announced to whole world they will be increasing up till 20% for the lower level peeps.. heard our boss for consulting side,my firm said april would have adjustment depending on economy, but since it didnt then ya. listen can alr, dont put up high hopes... but some people thought yearly adjustment one, but never read / keep up with news... US laying off people still want adjustment...
they say adjust during covid already what, why adjust somemore

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  #11152 (permalink)  
Old 11-08-2023, 07:17 PM
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Lol.
Firstly, the job market is so bad right now. i know this is just an excuse for me but oh well im still trying to get better offers.

Personally, i dont like IB, even though they are highly paid, the working hours are bad too. And the slots are limited. Tried for their interview and i hate the cases so i know i hate the job.

Banks jobs. It is possible to get off 5.30pm. But not all departments They progression is slower, but higher starting pay. Bank exit opportunities is still banks. It is possible to jump to outside of banks, but harder.

Yes, i did considered government jobs. Their worklife balance is great. I am applying now already. Didn't consider government job initially because of the slow progression and poor exit opportunities. Exit ops prolly another government agency. Hard to climb and very hierarchical. but now i feel worklife balance is more impt than all these progression, hence i applied and waiting for offer.

Not all big4 positions are bad. I know audit is bad. But advisory is okok only. If u go deals / strategic - pay is higher but work life is worst too. Big4 no doubt has a better exit ops.
But u have to work with a lot of JHK and they are incompetent. I experienced it and hate them so im jumping out soon.

Tech companies? HAHAHA not all tech are good. If u are talking about google, then dont bother because it is hard to go in. How about shopee? it is damn bad lol. They do not have hybrid working style and have to OT for finance department. it is so bad. no no. The pay is only $500 higher than big4 only. while now in big4 i only go office once a week.
why need progression if audit pay will never exceed high bank pay anyway

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  #11153 (permalink)  
Old 11-08-2023, 07:18 PM
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But i am in assurance and i start work at 11+ and end work at 5+ for 75% of the year though. The other 25% i wake at 9 and end at 6. Not to mention once a week in office.

I am enjoying my life and not slogging.
what dept? not even energy is so chill

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  #11154 (permalink)  
Old 11-08-2023, 07:19 PM
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they say adjust during covid already what, why adjust somemore
not covid la. is just last year only.. go search the news.. but dk why ppl still expect adjustment
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  #11156 (permalink)  
Old 11-08-2023, 10:10 PM
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this is the typical boomer attitude that resulted in Big4 not having to raise salaries in ten years.

To all the new people. make noise and make yourself heard. Quit more and express discontent. This is literally the only way to force them to increase pay. Dont listen to boomers who already showed they suck at looking out for themselves and accept status quo.
Yeah! A lot of fresh grads dont even go to big4 anymore.
They are massively hiring JHK.
It will slowly turn bad...
A rotten apple in a basket will make all rot together.

Say yes to more tonkotsu ramen uni and Kaplan
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  #11157 (permalink)  
Old 11-08-2023, 11:15 PM
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Yeah! A lot of fresh grads dont even go to big4 anymore.
They are massively hiring JHK.
It will slowly turn bad...
A rotten apple in a basket will make all rot together.

Say yes to more tonkotsu ramen uni and Kaplan
The number of malaysians in big 4 really a lot. No wonder prestige of audit plummeted so badly over 20 years.

Last time parents are super proud that their son or daughter work in EY, KPMG etc

Now its like, why you so stupid work in these kid of low pay long hours jobs. Especially when they compare with their nieces and nephews work in big mnc and tech companies with good life so eng still high pay plus all the work life balance, diversity inclusion etc etc. While Big 4 still very old school tekan junior style.
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  #11158 (permalink)  
Old 12-08-2023, 10:02 AM
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Now its like, why you so stupid work in these kid of low pay long hours jobs. Especially when they compare with their nieces and nephews work in big mnc and tech companies with good life so eng still high pay plus all the work life balance, diversity inclusion etc etc. While Big 4 still very old school tekan junior style.
It’s a vicious cycle. When you are junior, your senior tekan you.

When you become senior in 2 years, will you be the nice senior and tank more work? Or just give more to your junior?

And audit career progression is late game hero, if you compare early game sure lose one.

There is a chance your late game will be stronger than other people late game. No guarantee.


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  #11159 (permalink)  
Old 12-08-2023, 10:40 AM
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Hi, i’ve heard orange bonus for audit has just been announced. Does anyone know how many months?
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  #11160 (permalink)  
Old 12-08-2023, 10:42 AM
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Hi, i’ve heard orange bonus for audit has just been announced. Does anyone know how many months?
Haven’t announce.
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