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-   -   Q: Big4 - Yearly salary increment (https://forums.salary.sg/income-jobs/1506-q-big4-yearly-salary-increment.html)

Unregistered 28-02-2022 06:51 PM

Quote:

Originally Posted by Unregistered (Post 205443)
If joining commercial FP&A straight, will the progression be slower as compared to joining after working for 3+ years in Big 4 audit?

Usually good MNCs doesnt accept fresh grad for FP&A and would prefer candidates with prior work experience.

Even they take you in, progression would usually be slower.
3 years+ in Audit give you more exposure and you can expect more higher salary when u job hop over to a MNCs compared to internal progression.

Nevertheless, working in Big 4 as a junior is a not easy road, prepared to sacifice your personal life and burn your weekends.

Anyway, when you are young, work hard...u will reap the fruit of labor later

Unregistered 28-02-2022 07:09 PM

So for a fresh graduate, if he/she has offer for both Big 4 audit and commercial (not MNC but a respectable size company) FP&A, it's recommended to choose the audit path first for faster career progression later on?

Unregistered 28-02-2022 07:31 PM

Quote:

Originally Posted by Unregistered (Post 205449)
So for a fresh graduate, if he/she has offer for both Big 4 audit and commercial (not MNC but a respectable size company) FP&A, it's recommended to choose the audit path first for faster career progression later on?

Depends lah. If it's like a Unilever or Johnson&Johnson they do accept fresh grads for their finance tracks. If you get offered just go for that.

Unregistered 28-02-2022 07:41 PM

Quote:

Originally Posted by Unregistered (Post 205435)
No need partner level, once you reach SM(abt avg 8 Years), your WLB improves tremendously as you just delegate your work liao. A SM command min basic 10k/mth salary+.

Personally, i left Big 4 after making Mgr (5 yrs+). I know a lot of my SMs are really medicore but they just managed to rise to that rank by merely staying on where most leaves.

Agree. U just need to stay. Ppl are thinking too much.

Unregistered 28-02-2022 08:40 PM

Quote:

Originally Posted by Unregistered (Post 205453)
Agree. U just need to stay. Ppl are thinking too much.

Yes. It is more or less guaranteed that you farm to senior mgr in big 4 if you stayed on.
No need to be outstanding or what.

It takes only 8 years for a mediocre person to start earning $150K+ p.a.

Thereafter, work life balance improves for you and you get to have an army of young fresh grad to work for you and you probably can retire there too.

Of course, if you belong to elite group, then this is another story.

Unregistered 28-02-2022 08:45 PM

Quote:

Originally Posted by Unregistered (Post 205458)
Yes. It is more or less guaranteed that you farm to senior mgr in big 4 if you stayed on.
No need to be outstanding or what.

It takes only 8 years for a mediocre person to start earning $150K+ p.a.

Thereafter, work life balance improves for you and you get to have an army of young fresh grad to work for you and you probably can retire there too.

Of course, if you belong to elite group, then this is another story.

Not true at all. 8 years all within big 4 can barely crack 120k

Unregistered 28-02-2022 08:48 PM

Quote:

Originally Posted by Unregistered (Post 205459)
Not true at all. 8 years all within big 4 can barely crack 120k

8 years 100k also not bad

Unregistered 28-02-2022 08:52 PM

Quote:

Originally Posted by Unregistered (Post 205452)
Depends lah. If it's like a Unilever or Johnson&Johnson they do accept fresh grads for their finance tracks. If you get offered just go for that.

Unilever finance track promotion is slow for fresh grad.
I am previously from Big 4 and left after 3years+
Thereafter, I joined there as a AM doing tax getting $5.2K+ basic pay.

My peer who started at Unilever after graduating was only a senior tax accountant getting $4.3K.

Basically, i am currently earning almost $1K more than her and have a better resume to speak of.
Of course, I sacrificed my earlier years working like a dog in big 4 to advance ahead of her.

Unregistered 28-02-2022 08:56 PM

Quote:

Originally Posted by Unregistered (Post 205459)
Not true at all. 8 years all within big 4 can barely crack 120k

My firm has revised its pay in 2022 to retain "talent".
With 2-3 month bonus as a SM, you can hit 150k per annum.

Unregistered 28-02-2022 08:58 PM

can someone share estimated SM4 annual and yearly income

Unregistered 28-02-2022 09:01 PM

Quote:

Originally Posted by Unregistered (Post 205463)
Unilever finance track promotion is slow for fresh grad.
I am previously from Big 4 and left after 3years+
Thereafter, I joined there as a AM doing tax getting $5.2K+ basic pay.

My peer who started at Unilever after graduating was only a senior tax accountant getting $4.3K.

Basically, i am currently earning almost $1K more than her and have a better resume to speak of.
Of course, I sacrificed my earlier years working like a dog in big 4 to advance ahead of her.

Yo Unilever MAs start at 5.2k, even those in the finance track. The MAs are getting as much as you in their first year LOL.

Unregistered 28-02-2022 09:02 PM

Quote:

Originally Posted by Unregistered (Post 205462)
8 years 100k also not bad

If you are above avg in Big 4, you can hit 100K p.a at your 5-6 year mark.
Of course, if you are good, why bother stay in Big 4 unless u aiming to be a partner.
You should job hop after a 2-3 years in big 4.

Unregistered 28-02-2022 09:02 PM

Quote:

Originally Posted by Unregistered (Post 205464)
My firm has revised its pay in 2022 to retain "talent".
With 2-3 month bonus as a SM, you can hit 150k per annum.

On the flip side, these people who are actually prized enough to be offered this package can get similar in corporate with much better WLB. Those who cmi will probably take 10-12 years to hit SM

Unregistered 28-02-2022 09:09 PM

Quote:

Originally Posted by Unregistered (Post 205466)
Yo Unilever MAs start at 5.2k, even those in the finance track. The MAs are getting as much as you in their first year LOL.

Not everyone is qualified like you to be on MA track?

I chose Big 4 initially because my grades are below avg (3.1 GPA) with no good internship/CCAs to speak of.
Anyway, i am contented making 5.3K+ with avging 3-4 month bonus with 3 YOE.

Unregistered 28-02-2022 09:14 PM

Quote:

Originally Posted by Unregistered (Post 205468)
On the flip side, these people who are actually prized enough to be offered this package can get similar in corporate with much better WLB. Those who cmi will probably take 10-12 years to hit SM

Ok ba, CMI still can be SM making basic 10K/month + at 10 year mark

This is already top 10%-15% of Singaporean's pay liao according to our national statistics.

Unregistered 28-02-2022 09:17 PM

Quote:

Originally Posted by Unregistered (Post 205471)
Ok ba, CMI still can be SM making basic 10K/month + at 10 year mark

This is already top 10%-15% of Singaporean's pay liao according to our national statistics.

Ignore those trollers. They act elite lol.
How many of them here actually make more 10K monthly basic pay?

Those real elites usually wouldnt come here

Unregistered 28-02-2022 09:22 PM

Quote:

Originally Posted by Unregistered (Post 205472)
Ignore those trollers. They act elite lol.
How many of them here actually make more 10K monthly basic pay?

Those real elites usually wouldnt come here

10k monthly with some YoE under your belt is not elite by any means LOL. Really small minded losers lurking around here.

Unregistered 28-02-2022 09:55 PM

Quote:

Originally Posted by Unregistered (Post 205473)
10k monthly with some YoE under your belt is not elite by any means LOL. Really small minded losers lurking around here.

Why does it matter lol you'll never make 10k monthly anyway. Dream on.

Unregistered 28-02-2022 11:00 PM

Quote:

Originally Posted by Unregistered (Post 205467)
If you are above avg in Big 4, you can hit 100K p.a at your 5-6 year mark.
Of course, if you are good, why bother stay in Big 4 unless u aiming to be a partner.
You should job hop after a 2-3 years in big 4.

False. Audit career path is very standard. Go by yoe. 5 or 6 years us at 6 to7k/ month. M2 to m3 lvl.

Unregistered 28-02-2022 11:12 PM

Quote:

Originally Posted by Unregistered (Post 205478)
Why does it matter lol you'll never make 10k monthly anyway. Dream on.

I'm already at 8.2k so joke's on you. Jump 1-2 more times can get liao. Meanwhile you can continue drawing 3k and getting bullied by Max, shiok.

Unregistered 28-02-2022 11:15 PM

Quote:

Originally Posted by Unregistered (Post 205488)
I'm already at 8.2k so joke's on you. Jump 1-2 more times can get liao. Meanwhile you can continue drawing 3k and getting bullied by Max, shiok.

LOL

dont jump

Unregistered 28-02-2022 11:29 PM

Quote:

Originally Posted by Unregistered (Post 205487)
False. Audit career path is very standard. Go by yoe. 5 or 6 years us at 6 to7k/ month. M2 to m3 lvl.

Isnt it close to 100k p.a?
Audit pay for 2022 in Big 4 has been revised already...

Unregistered 28-02-2022 11:33 PM

Quote:

Originally Posted by Unregistered (Post 205487)
False. Audit career path is very standard. Go by yoe. 5 or 6 years us at 6 to7k/ month. M2 to m3 lvl.

I am a mgr with 6 years of exp in Big 4 and earning over 100K p.a ( including 3 month bonus).

I think you could be outdated with the current auditor pay in Big 4 now.

Unregistered 28-02-2022 11:39 PM

Quote:

Originally Posted by Unregistered (Post 205470)
Not everyone is qualified like you to be on MA track?

I chose Big 4 initially because my grades are below avg (3.1 GPA) with no good internship/CCAs to speak of.
Anyway, i am contented making 5.3K+ with avging 3-4 month bonus with 3 YOE.

My GPA was 4.55 but hey I still came Big 4.

Unregistered 28-02-2022 11:41 PM

Quote:

Originally Posted by Unregistered (Post 205490)
LOL

dont jump

Tiagong Max tomorrow will bring a big strap on to rape your arsehole deep deep, enjoy before he asks you to OT for the next month scrub

Unregistered 28-02-2022 11:47 PM

Quote:

Originally Posted by Unregistered (Post 205498)
Tiagong Max tomorrow will bring a big strap on to rape your arsehole deep deep, enjoy before he asks you to OT for the next month scrub

Why only max? What about the rest?

Unregistered 28-02-2022 11:50 PM

Quote:

Originally Posted by Unregistered (Post 205498)
Tiagong Max tomorrow will bring a big strap on to rape your arsehole deep deep, enjoy before he asks you to OT for the next month scrub

LOL

dont jump

Unregistered 28-02-2022 11:55 PM

Quote:

Originally Posted by Unregistered (Post 205502)
LOL

dont jump

Tell that to yourself sad A1 scrub

Unregistered 28-02-2022 11:58 PM

Quote:

Originally Posted by Unregistered (Post 205493)
I am a mgr with 6 years of exp in Big 4 and earning over 100K p.a ( including 3 month bonus).

I think you could be outdated with the current auditor pay in Big 4 now.

Hmm you do know 3 month bonus for this year is an outlier year right? -> bigger bonus pool for distribution to fewer people cause majority dropped dead.

In my 8 years in big 4, there are only 2 years with more than 2 months bonus for average performers and that includes this year.

Unregistered 01-03-2022 12:01 AM

Quote:

Originally Posted by Unregistered (Post 205498)
Tiagong Max tomorrow will bring a big strap on to rape your arsehole deep deep, enjoy before he asks you to OT for the next month scrub

Max is now a director for sph also hor. He is a director for some stat boards too. Working hard for yellow man. So proud of him.

Unregistered 01-03-2022 12:04 AM

Quote:

Originally Posted by Unregistered (Post 205493)
I am a mgr with 6 years of exp in Big 4 and earning over 100K p.a ( including 3 month bonus).

I think you could be outdated with the current auditor pay in Big 4 now.

Look like auditor still nv improve or is gg backwards. 3 mth bonus... come on lets not include aw. If you want to include please use 100k/15mths. Why not include employer cpf so we can feel better.

Unregistered 01-03-2022 12:14 AM

Quote:

Originally Posted by Unregistered (Post 205505)
Hmm you do know 3 month bonus for this year is an outlier year right? -> bigger bonus pool for distribution to fewer people cause majority dropped dead.

In my 8 years in big 4, there are only 2 years with more than 2 months bonus for average performers and that includes this year.

He think he very special breed meh. Look left and right ppl get abt the same.

Unregistered 01-03-2022 12:14 AM

Quote:

Originally Posted by Unregistered (Post 205505)
Hmm you do know 3 month bonus for this year is an outlier year right? -> bigger bonus pool for distribution to fewer people cause majority dropped dead.

In my 8 years in big 4, there are only 2 years with more than 2 months bonus for average performers and that includes this year.

In my last 6 years here in Big 4, my last 4 years was at least 15 month package.
I slogged my guts for this. Traded my personal life away. My girlfriend of 4 years left me coz I have too little time for her and wasnt present for her when she need me.

If you asked me whether it was worth it, 90% no.

Unregistered 01-03-2022 12:23 AM

Quote:

Originally Posted by Unregistered (Post 205508)
Look like auditor still nv improve or is gg backwards. 3 mth bonus... come on lets not include aw. If you want to include please use 100k/15mths. Why not include employer cpf so we can feel better.

To discuss earnings...for completeness, it is not wrong to use annual package ( including AWS, bonus etc).

Unregistered 01-03-2022 12:23 AM

Quote:

Originally Posted by Unregistered (Post 205511)
In my last 6 years here in Big 4, my last 4 years was at least 15 month package.
I slogged my guts for this. Traded my personal life away. My girlfriend of 4 years left me coz I have too little time for her and wasnt present for her when she need me.

If you asked me whether it was worth it, 90% no.

Lots of money cant find new 1?

Unregistered 01-03-2022 12:26 AM

Quote:

Originally Posted by Unregistered (Post 205513)
To discuss earnings...for completeness, it is not wrong to use annual package ( including AWS, bonus etc).

Bonus is guarantee in b4? B4 got aws?

Unregistered 01-03-2022 12:36 AM

Quote:

Originally Posted by Unregistered (Post 205511)
In my last 6 years here in Big 4, my last 4 years was at least 15 month package.
I slogged my guts for this. Traded my personal life away. My girlfriend of 4 years left me coz I have too little time for her and wasnt present for her when she need me.

If you asked me whether it was worth it, 90% no.

Wah lao kena con already lah you. Maybe have to go find Vietnam wife liao.

Unregistered 01-03-2022 12:48 AM

Quote:

Originally Posted by Unregistered (Post 205517)
Bonus is guarantee in b4? B4 got aws?

I think what OP meant was to include all the bonus, incentives etc.

Unregistered 01-03-2022 12:49 AM

Quote:

Originally Posted by Unregistered (Post 205514)
Lots of money cant find new 1?

100K p.a isnt lot of money lol.

Unregistered 01-03-2022 01:10 AM

Quote:

Originally Posted by Unregistered (Post 205521)
100K p.a isnt lot of money lol.

Left big 4 3 years ago, worked for 6 years.

My base is already 140k, and he is happy with 100k annual smh


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