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Q: Big4 - Yearly salary increment

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  #13641 (permalink)  
Old 11-01-2024, 08:49 PM
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What kind of operations is good for someone with accounting background to move into? Bank middle office ops seems like it's just processing transactions with not much space to climb. Logistics don't pay well.
CFO/MD/CEO

But thats like after 15 years or more working experience in specific industry.

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  #13642 (permalink)  
Old 11-01-2024, 08:53 PM
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Cost centres like accounting, HR, marketing are always going to have limits.

You need to move into operations and be revenue driver to break ceiling.
Yes. Because accounting is cost centre, unless you involve / able to bring key values to the company, like be revenue driver/ involved in FX hedging /corp finance function/ traders of commodities.

#inbefore others will tell u to join MAP which pays better.

GenZ need to grind to hit the corporate ladder , be it in audit/commercial/ other industries.

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  #13643 (permalink)  
Old 11-01-2024, 09:31 PM
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genuinely curious, folks has the resignation situation in audit been this bad? or is it just this time round?

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  #13644 (permalink)  
Old 11-01-2024, 11:55 PM
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genuinely curious, folks has the resignation situation in audit been this bad? or is it just this time round?
Very bad meh? I still see many of the behkan jhk seniors around
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  #13645 (permalink)  
Old 11-01-2024, 11:59 PM
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For those who managed to get a pay bump after leaving audit, what is your rank in audit and what type of role did you jump into?

The only ones I could get an interview for are those whose budget for the role is below my current pay. I'm talking regular accounting and FP&A roles, not even the fancy data analyst roles or whatever. It's tough justifying a paycut from 5k+ to 4k+ after all the suffering in audit when I could have climbed the same from doing some AP AR outside......
5K+ but ot everyday vs 4k+ ot a few days. it is a no brainer but GL accounting is even more boring than audit
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  #13646 (permalink)  
Old 12-01-2024, 08:02 AM
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5K+ but ot everyday vs 4k+ ot a few days. it is a no brainer but GL accounting is even more boring than audit
Study harder so you can get 6k starting pay without OT
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  #13647 (permalink)  
Old 12-01-2024, 09:47 AM
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Study harder so you can get 6k starting pay without OT
lawyer start at 7k every year increase 1k
FAANG start at 10k
ib start at 12k every year increase 1-2k

pls start studying hard in jc so that you don't go down the path of acct --> big4
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  #13648 (permalink)  
Old 12-01-2024, 10:19 AM
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lawyer start at 7k every year increase 1k
FAANG start at 10k
ib start at 12k every year increase 1-2k

pls start studying hard in jc so that you don't go down the path of acct --> big4
I see poly, highschool student interns now.
What is going on. Want ruin these kids future?
Horrible acct industry, destroy ppl life from young
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  #13649 (permalink)  
Old 12-01-2024, 10:39 AM
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Vicious cycle.

Junior complaining about their seniors, then 2 years later become the very same of senior they dislike.
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  #13650 (permalink)  
Old 12-01-2024, 11:05 AM
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lawyer start at 7k every year increase 1k
FAANG start at 10k
ib start at 12k every year increase 1-2k

pls start studying hard in jc so that you don't go down the path of acct --> big4
OK but those are like super hard to get in.

I was thinking more like business or Econs where you only need to get slightly higher grades but the pay is so much better.
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