From the previous posts, they mentioned its associate 1 pay. $4k

They just need local associates and foreign seniors. It will work

lol the gov is not doing much to save this industry. The root cause has not been eliminated: there's no work life balance and low wages. The situation won't change much in the future, even with the extra exemptions given to future accounting graduates. I guess sgp will become the “global accountancy hub” by outsourcing or relying on foreign manpower.

No more foreign seniors worrr. MOM don’t wanna approve work pass dyy

I started my career in this field, so I’ve never “tasted” this work life balance you speak of.

It’s like asking a blind person to visualise colours.

How do people outside spend their time, if not in office until late?

My firm hasn’t announced anything.

But I would imagine if they raise A1, shouldn’t the other ranks ask for a revision too?

Not an issue, seniors are getting outsourced at 2k SGD. Just let the local associate go down to client to show face and vouch, not like seniors do much paper vouching anyway.

I'm guessing they're gonna do it like this:
A1 4k
A2 4.2k
S1 4.8k
S2 5.3k

Prestige of "high-pay" entry level (which is what students care about) is maintained and they get to hire 5 foreigners for every local, win-win.

Yeap please do this. Let this be the tipping point for more resignation

800 more for 2 YOE? Lemao better off flip prata at downstairkopitiam

Nah 4k isn’t enough. If you want to appeal fresh grads you just need to game the GES by offering high starting pay.

Imagine if they pay A1 5k but increase by $200 every year… it will still work better.

Difficult bro. Recovery cannot cover. The more u progress , the thinner ur team should be. Audit is on triangle model, not inverted triangle. Cannot top heavy:)