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Q: Big4 - Yearly salary increment

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  #14011 (permalink)  
Old 29-01-2024, 05:01 PM
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yeah I understand but I really need local graduate 20s young blood to join our audit industry.

If the local 20s are not joining my audit industry, my audit industry is going to get people from China, India, Indonesia or Philippines.
U wan ppl respect u auditor then be clear la. Just sat need locals for the quota so u can hire ft more.

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  #14012 (permalink)  
Old 29-01-2024, 05:09 PM
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yeah I understand but I really need local graduate 20s young blood to join our audit industry.

If the local 20s are not joining my audit industry, my audit industry is going to get people from China, India, Indonesia or Philippines.
Wtf are you talking about lol the industry is already full of these people.

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  #14013 (permalink)  
Old 29-01-2024, 05:13 PM
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People staying in too long in audit are bunch of delusional peeps. I recently tender and currently serving my notice. My toxic manager everyday without fail, keep trying to brainwash me to stay and help him finish the project before I leave. He said him being a very nice understanding guy can let me go for unpaid leave for one month immediately but I have to return to work in mid March and there will be no promotion and bonus for me this round. He really think limpeh is siao or stoopig. LOL.
Siao eh. I am your audit manager.

Don't want to stay with me never mind lah.

Why need to come forum and share this story?

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  #14014 (permalink)  
Old 29-01-2024, 05:14 PM
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Wtf are you talking about lol the industry is already full of these people.
Hi, we are getting more to come in if the local 20s are not joining our audit industry.
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  #14015 (permalink)  
Old 29-01-2024, 05:29 PM
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People staying in too long in audit are bunch of delusional peeps. I recently tender and currently serving my notice. My toxic manager everyday without fail, keep trying to brainwash me to stay and help him finish the project before I leave. He said him being a very nice understanding guy can let me go for unpaid leave for one month immediately but I have to return to work in mid March and there will be no promotion and bonus for me this round. He really think limpeh is siao or stoopig. LOL.
Hi limpeh, when is your last day?

Why he need you to extend?

How you reject him?

I am also serving my notice too.

My manager also keep asking me to extend.
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  #14016 (permalink)  
Old 29-01-2024, 05:38 PM
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Revised since 2021 for ssa315. More work is relating to general it control. With the new ssa600, ssa315 will revise too i guess.

I hope khor khor teach u something today. Auditors these days dunno ssa or frs. Im not impress. Pls impress me big4 auditors of 2024. Im shocked still have locals doing or joining audit in 2024.
how so? what requirement increased?
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  #14017 (permalink)  
Old 29-01-2024, 06:05 PM
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U wan ppl respect u auditor then be clear la. Just sat need locals for the quota so u can hire ft more.
Even bus drivers get more respect now with 5k base pay, truly a case study on how to attract talent. Same in the US with UPS drivers getting 100k.
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  #14018 (permalink)  
Old 29-01-2024, 06:09 PM
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people in 20s don't join audit industry

can't be expecting people in our 40s to do vouching right?
Actually why not? There's lots of lifers in AP AR who are happy with 3k pay and are decent in what they do. Caveat is need good WLB otherwise it's just a 9-6 job with 1.5k pay where you OT to hit 3k.

Question is why must audit have high turnover? Why must have no WLB?
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  #14019 (permalink)  
Old 29-01-2024, 06:44 PM
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I am an audit manager in big4. I feel very sad there is no young people in 20s join us. End up we are the one who suffered.
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  #14020 (permalink)  
Old 29-01-2024, 06:55 PM
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Been reading this thread for a very long time. But I'm not from Big4 or even finance related industry.

It seems like some industries have this situation?

- Boomers and old Gen X promoting fast in the past and now occupying higher positions
- Boomers and old Gen X cannot promote any higher, refuse to resign or budge and choose to coast in their current position
- Work gets thrown down to new hires to fulfill KPI of higher positions
- Starting salary and progressive increments not keeping up with inflation
- Promotion of new hires getting delayed and slowed down
- Waves of resignations occurring only at the lower positions (those with 10 YOE or less) while the higher positions keep remaining the same
- Fewer and fewer headcount at the lower positions (to save labour cost), causing overwork for the remaining youngsters and a continuous death spiral of resignations
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