Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

why would they tender in Jan? its dec that they should tender.

Most people would endure and throw letter in first week of Dec to take advantage of the form closure period. Come back from holiday can zao liao

Originally Posted by Unregistered

why would they tender in Jan? its dec that they should tender.

For some teams dec is chill period, no notice period also can chill. If you tender in Jan while peak, then you can chill during the mandatory stress period and get an exta month of paycheck.

I'm gonna tender after returning in Jan too. No job yet but had enough of the anxiety attacks and physical effects of stress. The amount of silly compliance work these 2 years is getting out of hand.

Btw did you guys know the partners are patting themselves on the back that they wont be forced to "raise" salaries like they did in covid despite staff shortages? They're congratulating themselves for being so smart by preempting that via setting up offshore centres and making existing employees take on more portfolio to promote so there's no need to hire since people are so scared of all the PIPs and hiring freeze and headcount freeze. The EP restrictions didnt help locals with getting jobs or increase pay at all. Heard first hand from my dad's friends during dinner parties so you know this is their true face while not pretending with corporate ******** at work. So disgusting boomer slave driver mentality.

hello current or ex auditors!

im about to graduate and am looking for job. Currently have an offer from kpmg start $3.6k (heard from my friend he was offered 3.5k from EY). But of course I was thinking if Im going to exit audit next time, might as well straight join the industry right? Or should I unwillingly join audit to springboard to better roles in 1-2 yrs time? Currently not getting accepted for all those management associate programmes so abit sian (barely 2nd upper)

For context I will be going financial service so would joining Banks as entry level staff be better? (e.g. Treasury, AML, Credit, etc.)

Originally Posted by randomfreshgrad

hello current or ex auditors!

im about to graduate and am looking for job. Currently have an offer from kpmg start $3.6k (heard from my friend he was offered 3.5k from EY). But of course I was thinking if Im going to exit audit next time, might as well straight join the industry right? Or should I unwillingly join audit to springboard to better roles in 1-2 yrs time? Currently not getting accepted for all those management associate programmes so abit sian (barely 2nd upper)

For context I will be going financial service so would joining Banks as entry level staff be better? (e.g. Treasury, AML, Credit, etc.)

no more springboard, now hiring managers know that auditors don't know **** except test controls and memorising IFRS and OT-ing.

Originally Posted by Unregistered

no more springboard, now hiring managers know that auditors don't know **** except test controls and memorising IFRS and OT-ing.

that's the general consensus I got from here la.. but some roles legit asking for at least 1 yr of experience which i obviously can't have unless selling my soul in big4 though. But aft interning in 1 of them I think I honestly cannot work with people in there imo :')

Originally Posted by Unregistered

no more springboard, now hiring managers know that auditors don't know **** except test controls and memorising IFRS and OT-ing.

Back then our documentations and regulations were much simpler so we actually had the time to learn business domain knowledge. A few of my batchmates even used it to help start a business in the industry they audited.

But it's not possible anymore these days due to the workload. When I hear my niece telling me about what auditors have todo these days, I feel that there is no way auditors have the time to learn anything useful these days, like you guys even have to work on engagements while doing audit training. I've even been asking around to help her leave but she will need to start from fresh grad level, in that case what is even the point of joining audit in the first place? You are even forbidden from opening bank accounts and buying stocks of companies you don't even work on.

Honestly the Big 4 in Singapore should just change their name to Poh Wan Cheng Pte Ltd and Kok Phua Mun Goh Pte Ltd since they seem to be no different from Chinaman firms.

During my time in the early 2000s audit was quite easy and straightforward

Don’t envy the people now lol

Originally Posted by Unregistered

Back then our documentations and regulations were much simpler so we actually had the time to learn business domain knowledge. A few of my batchmates even used it to help start a business in the industry they audited.

But it's not possible anymore these days due to the workload. When I hear my niece telling me about what auditors have todo these days, I feel that there is no way auditors have the time to learn anything useful these days, like you guys even have to work on engagements while doing audit training. I've even been asking around to help her leave but she will need to start from fresh grad level, in that case what is even the point of joining audit in the first place? You are even forbidden from opening bank accounts and buying stocks of companies you don't even work on.

Honestly the Big 4 in Singapore should just change their name to Poh Wan Cheng Pte Ltd and Kok Phua Mun Goh Pte Ltd since they seem to be no different from Chinaman firms.

Big 4 now worst than local SME audit firms. Just look at the questions they ask during audit, really never think before they ask one.

The only reason why clients entertain these idiots nicely is bcos of their big 4 brand name. Don't know whether these idiots know anot

Originally Posted by randomfreshgrad

hello current or ex auditors!

im about to graduate and am looking for job. Currently have an offer from kpmg start $3.6k (heard from my friend he was offered 3.5k from EY). But of course I was thinking if Im going to exit audit next time, might as well straight join the industry right? Or should I unwillingly join audit to springboard to better roles in 1-2 yrs time? Currently not getting accepted for all those management associate programmes so abit sian (barely 2nd upper)

For context I will be going financial service so would joining Banks as entry level staff be better? (e.g. Treasury, AML, Credit, etc.)

There isn't any better roles after leaving audit bro
the entire industry, audit/ accountant/ fp&a, is filled with JHK
And you will almost guaranteed be the minority when u join. in big 4 audit, the seniors are like 70 to 80% malaysians. And u can be sure that they are not competent thats why partners are trying to get them to leave voluntarily so that they can hire locals to replace them to meet EP compass requirement

you can never expect a high pay in this industry as JHK tend to low ball for 3.5 + chiller life in commercial. of cos there are outliers provided you go into a big reputable company, if not, this industry is lost. you can tell by the requirement for local uni AAA become BCC.

Originally Posted by Unregistered

There isn't any better roles after leaving audit bro
the entire industry, audit/ accountant/ fp&a, is filled with JHK
And you will almost guaranteed be the minority when u join. in big 4 audit, the seniors are like 70 to 80% malaysians. And u can be sure that they are not competent thats why partners are trying to get them to leave voluntarily so that they can hire locals to replace them to meet EP compass requirement

you can never expect a high pay in this industry as JHK tend to low ball for 3.5 + chiller life in commercial. of cos there are outliers provided you go into a big reputable company, if not, this industry is lost. you can tell by the requirement for local uni AAA become BCC.

i know, unfortunately im part of the "AAA" cohort when i applied before NS, and graduating when the course transitioned in that 6 years.