Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

I think my firm has also realised offshoring is not a good plan and instead looking towards AI. You can tell by the number of initiatives to transform all work papers into standard ones, likely for AI to be doing the work. Unfortunate for those involved in this process, they will help the firm set this up nicely and then get replaced by AI.

What kind of tools has your firm been using, and what’s the effect of these tools? My firm has added a lot of new tools for us to use. However, they don’t really help alleviate the audit workload. they only create more burden. Some of the tools are designed for management to hit KPI, and some are duplicates already existing in the market.

Originally Posted by Unregistered

I think my firm has also realised offshoring is not a good plan and instead looking towards AI. You can tell by the number of initiatives to transform all work papers into standard ones, likely for AI to be doing the work. Unfortunate for those involved in this process, they will help the firm set this up nicely and then get replaced by AI.

The issue with offshoring is not quality, it's mostly the legal issues associated with it especially data protection (we can't store them overseas for certain industries) and taxation. AI quality is equally bad if I have to be honest, but at least we can handwave the issues. Smaller accounting firms without banking clients are raking in fat cash with offshoring by hiring quality auditors at JB at starting 5k pay.

Originally Posted by Unregistered

You know why?

Because we are too nice until u guys climb above our head

Also we afraid the resignation of senior and junior jeopardize our career progression

Are you really too nice?

Then can I ask why you guys, after reaching a certain seniority and a position of power, didn’t do anything to try and change the system and culture?

Like increasing salaries for example.

Originally Posted by Unregistered

Are you really too nice?

Then can I ask why you guys, after reaching a certain seniority and a position of power, didn’t do anything to try and change the system and culture?

Like increasing salaries for example.

Manager has no power one
We are the same like seniors and juniors

Originally Posted by Unregistered

Manager has no power one
We are the same like seniors and juniors

Managers write appraisals right? Don’t you have control over their compensation?

Originally Posted by Unregistered

Managers write appraisals right? Don’t you have control over their compensation?

I think only the performance appraisal, which is linked to the bonus, but the average band is huge so the majority will receive an average bonus of ard 1 month.

Originally Posted by Unregistered

I think only the performance appraisal, which is linked to the bonus, but the average band is huge so the majority will receive an average bonus of ard 1 month.

Can senior managers change fresh graduate salary?

Originally Posted by Unregistered

Manager has no power one
We are the same like seniors and juniors

If senior management cannot even affect entry level salary, then it sounds like title inflation to me like those company where fresh graduate also can be assistant director.

You are not really a manager.

Originally Posted by Unregistered

If senior management cannot even affect entry level salary, then it sounds like title inflation to me like those company where fresh graduate also can be assistant director.

You are not really a manager.

Lol manager/sm isn't really senior management in a big four anyway.

Originally Posted by Unregistered

Lol manager/sm isn't really senior management in a big four anyway.

OMG?!!!? REALLY?!??! Then care to explain to me why some sm so guai lan and talk to us as if we’re like a dog?