Q: Big4 - Yearly salary increment - Page 1266 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Q: Big4 - Yearly salary increment

Reply
 
Thread Tools
  #12651 (permalink)  
Old 15-12-2023, 11:03 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What a clown.
Hows your health?
How is peak tough when almost the entire year its peak
What faster promotion when so many people getting PII
What poach when audit is your only skillset? U have no commercial substance other than selecting samples
Yeah there's completely no more non peak these days.

Guy probably got poached to be the arrowed guy lol, no company with substance would wanna hire a CFO with no industry accounting background and give them fat pay and stock options.

Reply With Quote
  #12652 (permalink)  
Old 15-12-2023, 11:11 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I think this is trolling, but if its real, I'll bite.

You do realize this is survivorship bias right? You're probably 1 out of 50 of your batch who made it to partner. You were in contention for the spot, because the other 49 people dropped out along the way.

Think about it. If everyone in your batch had been determined to stay on until partner to "see the lucrative gains" that you promise, will that magically increase the business case for your firm to promote all 50 of you as partners? No, not one bit.

The firm would still have to find ways to kick the other 49 out, or make them leave. There is only enough slots for X number of partners.

Big4 is based on a pyramid structure, like the SAF. All regular officers hope to reach Colonel and Brigadier General, but the majority will be forced out or forced to hentak kaki because there are only so many slots.

So your advice is literally worthless and totally backward looking. It has zero forward looking value.
Not exactly, I am not the original poster.

As long as you rise up to SM level and you can carry and grow your portfolio (increase fees or bring new clientele), partner track is always there. There isn't a fixed numbers of headcount for partners. As long as you can bring in revenue, there is a possibility.

However, let's face it, many people their career end point (at best) is Senior Manager. And for those that cannot even make it to SM, they probably would have figured out themselves at Managerial lvl and moved out to commercial roles, of which they may value more on family time and parenting and less on workload.

And there are also those who join big4 for the brand name, leave after 3-4years. Cannot take the brunt of what they chose to study. Then go commercial lor. In commercial, there is a fixed number of senior leadership position. (e.g. 1 CFO / Group CFO) follow by Deputy CFO (which is rare) then Finance Director / Finance Controller (can be a few if it is a group of companies).

Reply With Quote
  #12653 (permalink)  
Old 15-12-2023, 11:13 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
which firm 5.5k? we only get 5.3k here
KPMG pays more for qualified CA.

And that is around 3rd year mark, 4th year associate (SA2)

Reply With Quote
  #12654 (permalink)  
Old 15-12-2023, 11:40 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Can anyone share how much does a new junior partner earn per annum
new junior partner won't be here. and if you are aspiring to be one you should be looking at sales and negotiating on your cut instead of asking how much others are bagging.

everyone's situation is different
Reply With Quote
  #12655 (permalink)  
Old 15-12-2023, 12:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
new junior partner won't be here. and if you are aspiring to be one you should be looking at sales and negotiating on your cut instead of asking how much others are bagging.

everyone's situation is different
lol @ "negotiating on your cut"

tell me you don't know exactly how partners are being compensated
Reply With Quote
  #12656 (permalink)  
Old 15-12-2023, 03:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Big 4 only recognize revenue when the juniors charge time. This is to expand the firm network by hiring more ppl.

If not why your managers want you to charge time even when the fee in their pocket alr.

Think harder CCC/C idiots
Reply With Quote

  #12657 (permalink)  
Old 15-12-2023, 07:46 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What a clown.
Hows your health?
How is peak tough when almost the entire year its peak
What faster promotion when so many people getting PII
What poach when audit is your only skillset? U have no commercial substance other than selecting samples
Lol then donít complain high inflation and low salary. 10 years later see who has the last laugh
Reply With Quote
  #12658 (permalink)  
Old 15-12-2023, 07:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
which firm 5.5k? we only get 5.3k here
Orange 5.5k S2 audit
Reply With Quote
  #12659 (permalink)  
Old 15-12-2023, 08:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Lol then donít complain high inflation and low salary. 10 years later see who has the last laugh
Correct. That's why don't join audit and you won't even have to be stressed over low salary.
Reply With Quote
  #12660 (permalink)  
Old 15-12-2023, 09:37 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Lol then donít complain high inflation and low salary. 10 years later see who has the last laugh
It is already ď10 years laterĒ for those of us here since the thread was started.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Salary Increment to be 5.2% Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Yearly increment Button Income and Jobs 29 06-01-2018 09:43 PM
Annual Increment for Civil Service 2011 bswuming87 Income and Jobs 4 10-04-2011 09:19 PM
Annual Increment 1nch3r Income and Jobs 0 12-11-2010 12:36 AM
Can your Increment beat Inflation? Salary.sg Investments and Net Worth 9 24-04-2008 03:37 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
17,309 Replies, 5,306,964 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,434 Replies, 4,909,985 Views
Career as Teacher ( 1 2 3... Last Page)
11,465 Replies, 7,015,386 Views
Compare civil service salary ( 1 2 3... Last Page)
16,481 Replies, 12,770,184 Views
Lawyer Salary ( 1 2 3... Last Page)
21,284 Replies, 10,662,989 Views
INL Agency? Brand Communication...
2 Replies, 152 Views
GovTech ( 1 2 3... Last Page)
6,499 Replies, 2,492,132 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,853 Replies, 2,481,838 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,268 Replies, 730,362 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,323 Replies, 674,372 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,493 Replies, 1,946,598 Views
Civil Servant Bonus Mid-2023 ( 1 2 3... Last Page)
169 Replies, 165,530 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
898 Replies, 425,963 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,605 Replies, 1,442,768 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,487 Replies, 3,553,097 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
343 Replies, 392,296 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,240 Replies, 3,896,556 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,194 Replies, 1,130,985 Views
Work culture in IHiS ( 1 2 3... Last Page)
734 Replies, 572,553 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,885 Replies, 1,551,942 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,902 Replies, 1,503,602 Views
CIMB Apprentice 2024 ( 1 2)
17 Replies, 582 Views
SEA (Garena) ( 1 2 3... Last Page)
69 Replies, 97,105 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
835 Replies, 445,596 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
777 Replies, 454,078 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
430 Replies, 516,949 Views
If you can't find a company here... ( 1 2 3... Last Page)
145 Replies, 55,598 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,860 Replies, 1,261,195 Views
ST Electronics ( 1 2 3... Last Page)
3,868 Replies, 1,622,772 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,992 Replies, 4,824,183 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:31 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2