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Q: Big4 - Yearly salary increment

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  #11641 (permalink)  
Old 25-09-2023, 12:54 PM
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tbvh, its not hard.

Salary Monthly Annual 50% Savings Rate
Total Cash Total OA Cash OA Cum Cash Cum OA
24 A1 3600 2880 828 34560 9936 17280 9936
25 A2 3800 3040 874 36480 10488 35520 20424
26 S1 4800 3840 1104 46080 13248 58560 33672
27 S2 5600 4480 1288 53760 15456 85440 49128
28 S3 6300 5040 1449 60480 17388 115680 66516
29 M1 7200 5760 1656 69120 19872 150240 86388
30 M2 7800 6240 1794 74880 21528 187680 107916
31 M3 8600 7000 1840 84000 22080 229680 129996

Total Cash (2pax) 459360
Total OA (2pax) 259992

Monthly Income 17200
Max Monthly Payment (55%) 9460
Max Loan (25 Years, 4% Interest) $1,792,220

Maximum House Value $2,511,572

Guy 31, Girl 29 assuming same batch by M3 can buy a 2.5m house assuming they save 50% every month. Bonus is excluded from calc to cover tax and other expense. If you jump out of Big4, pay bump again to 10k+ even more comfy.

But ofc, this is assuming u dont have other special expenses/loans. We are talking about a couple with no other obligations just working towards buying as house.

A bit too aggressive. To be more prudent, the combine couple's basic income to afford a 2.5M condo should be 25OK.

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  #11642 (permalink)  
Old 25-09-2023, 12:57 PM
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it's a salary forum, why not just share the figures. the paygrade is standard anyway, no chance of outing your identity
Aiya bro, why donít you aim for big 3 consulting

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  #11643 (permalink)  
Old 25-09-2023, 01:01 PM
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so only pwc had 3 months bonus this year? the rest all 1 month and no increment from last aug?

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  #11644 (permalink)  
Old 25-09-2023, 05:05 PM
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so only pwc had 3 months bonus this year? the rest all 1 month and no increment from last aug?
pretty sure pwc bonus for average rater was 1.xx as well
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  #11645 (permalink)  
Old 25-09-2023, 06:49 PM
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You get increment from you move from A1 to A2

For some reason, people expect double increment in that they want a higher A2 pay than last year A2
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  #11646 (permalink)  
Old 25-09-2023, 07:35 PM
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Any layoff in big 4?
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  #11647 (permalink)  
Old 25-09-2023, 07:59 PM
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Any layoff in big 4?
PIP is the quiet lay off, no severance package needed
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  #11648 (permalink)  
Old 26-09-2023, 10:38 AM
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You get increment from you move from A1 to A2

For some reason, people expect double increment in that they want a higher A2 pay than last year A2
the people here only saw the raises during covid but not the zero raise since 2000 lol
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  #11649 (permalink)  
Old 26-09-2023, 11:13 AM
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You get increment from you move from A1 to A2

For some reason, people expect double increment in that they want a higher A2 pay than last year A2
I am A2.

Just 2 complains from me:

1) Inflation is a thing. Current year A2 should be paid more than previous batches of A2 else we are technically earning LESS.

2) A1s come to me like Iím in charge and blame me for company policies. Hello? My father not the boss of the company. Please find the managers instead.
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  #11650 (permalink)  
Old 26-09-2023, 03:49 PM
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I am A2.

Just 2 complains from me:

1) Inflation is a thing. Current year A2 should be paid more than previous batches of A2 else we are technically earning LESS.

2) A1s come to me like Iím in charge and blame me for company policies. Hello? My father not the boss of the company. Please find the managers instead.
your colleague blame you got what to do with you? just ignore them, why take it so personally

unfortunately inflation pay raise is not a thing in singapore especially audit where the talent strategy is just HIRE MORE CHEAP MALAYSIANS. literally the f&b of white collar jobs
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