Q: Big4 - Yearly salary increment - Page 1662 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Q: Big4 - Yearly salary increment

Reply
 
Thread Tools
  #16611 (permalink)  
Old 16-05-2024, 01:30 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What’s your current rank? The longer you stayed the harder it is to exit ?
Not OP. I'm senior, already can't find a job. Just don't join audit in the first place if you haven't, save yourself the trouble.

Reply With Quote
  #16612 (permalink)  
Old 16-05-2024, 05:45 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Bro u never audit payroll before issit? Head of Dept at any half-decent MNC can earn just as much at much better hours. No need equity buy-in also.
Hod usually 20+- luh lol.

Even with 3 mths bonus on average

300k...

The ts above mentioned 400k median...

But obviously can't just compare on numbers because in big four, your work is your life so **** that

Reply With Quote
  #16613 (permalink)  
Old 16-05-2024, 08:50 AM
Unregistered
Guest
 
Posts: n/a
Default

Since the IGP/A’s/IB score to enter into the accountancy programme for the three local unis have fallen, does anyone know where our brightest are going? Outside of law / med / (I guess computing) and overseas scholarships

Reply With Quote
  #16614 (permalink)  
Old 16-05-2024, 08:52 AM
Unregistered
Guest
 
Posts: n/a
Default

Honestly the work life balance is improving and I expect it to get even better in 3 to 5 years.

When I joined in 2010, the senior managers were all old birds belonging to an era where work is life and they had certain practices which would surely get them cancelled in this day and age.

That generation of senior managers has mostly all left, replaced by my batch / juniors of Millennials which are more results oriented and will not force you to OT for the sake of OTing even when you have nothing to do.

In another 3 to 5 years, once the Gen Z 2000 kids become seniors and managers, the culture should likely get even better.
Reply With Quote
  #16615 (permalink)  
Old 16-05-2024, 08:54 AM
Unregistered
Guest
 
Posts: n/a
Default

Why so many backlogs in so many audit firm?

Why so many job openings?
Reply With Quote
  #16616 (permalink)  
Old 16-05-2024, 09:16 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is this poster a local uni graduate same year as me where we do not qualify for the transitional arrangement pre-admission 5 day course nor any scaq exemptions.

For us who is still in accounting, its really painful to see the scaq and the industry to be in such state. We were neither covered by accounting org like CPA Aust nor whatever 'accelerated pathway and exemptions' which current uni grad have. It's precisely the combo of (5 exams + 3yrATO) that dissuaded most of us and future gen not to take scaq. Now that it's "soften", it does not apply to us, making our degree seems like a piece of toilet paper that does not qualify any exemptions cause we are seen as outdated. And at this point, looking at our age and life commitment we have, how to take on 5 exam papers which goes back to the point where we do not even qualify for any exemptions. So many years of working experience can't even be recognised for the ATO practical experience if our employers were not ATO. This whole scaq thing is really a pain in the ass for us and our bosses who went through the 5 day course laughing at us when I told them about SCAQ which they didn't know it exist.

Yea, I know, it really sux to be us born in wrong year and stuck in the in-between batch. Got it.
Yeah.

After SQP was introduced, people complained and say "I born too late"

Now after "SCAQ Accelerated Pathway 2 x sponsored paper" + "2 x Exemption after graduation" introduced, people say "I born too early"
Reply With Quote

  #16617 (permalink)  
Old 16-05-2024, 09:17 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is this poster a local uni graduate same year as me where we do not qualify for the transitional arrangement pre-admission 5 day course nor any scaq exemptions.

For us who is still in accounting, its really painful to see the scaq and the industry to be in such state. We were neither covered by accounting org like CPA Aust nor whatever 'accelerated pathway and exemptions' which current uni grad have. It's precisely the combo of (5 exams + 3yrATO) that dissuaded most of us and future gen not to take scaq. Now that it's "soften", it does not apply to us, making our degree seems like a piece of toilet paper that does not qualify any exemptions cause we are seen as outdated. And at this point, looking at our age and life commitment we have, how to take on 5 exam papers which goes back to the point where we do not even qualify for any exemptions. So many years of working experience can't even be recognised for the ATO practical experience if our employers were not ATO. This whole scaq thing is really a pain in the ass for us and our bosses who went through the 5 day course laughing at us when I told them about SCAQ which they didn't know it exist.

Yea, I know, it really sux to be us born in wrong year and stuck in the in-between batch. Got it.
Yeah lor.

After SQP was introduced, people complained and say "I born too late"

Now after "SCAQ Accelerated Pathway 2 x sponsored paper" + "2 x Exemption after graduation" introduced, people say "I born too early"
Reply With Quote
  #16618 (permalink)  
Old 16-05-2024, 10:17 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is this poster a local uni graduate same year as me where we do not qualify for the transitional arrangement pre-admission 5 day course nor any scaq exemptions.

For us who is still in accounting, its really painful to see the scaq and the industry to be in such state. We were neither covered by accounting org like CPA Aust nor whatever 'accelerated pathway and exemptions' which current uni grad have. It's precisely the combo of (5 exams + 3yrATO) that dissuaded most of us and future gen not to take scaq. Now that it's "soften", it does not apply to us, making our degree seems like a piece of toilet paper that does not qualify any exemptions cause we are seen as outdated. And at this point, looking at our age and life commitment we have, how to take on 5 exam papers which goes back to the point where we do not even qualify for any exemptions. So many years of working experience can't even be recognised for the ATO practical experience if our employers were not ATO. This whole scaq thing is really a pain in the ass for us and our bosses who went through the 5 day course laughing at us when I told them about SCAQ which they didn't know it exist.

Yea, I know, it really sux to be us born in wrong year and stuck in the in-between batch. Got it.

I wonder is it ISCA is afraid of complaints from NTU, NUS, and SMU graduates regarding ISCA giving exemptions for CPA Australia members under MRA.

ISCA probably be thinking the local university graduate feels unfair that CPA Australia members only need to do 1 x Capstone exam paper.

However, ISCA seems to be addressing these concerns by introducing an "Accelerated Pathway" to current batches of undergraduate (students) currently studying in university.

Under this program sponsored by ISCA, current undergraduate from these universities can start tackling ISCA SCAQ papers early, completing two exam papers under sponsorship during their university years and then being exempted from two more exam papers upon starting work. This essentially means the current undergraduate batches only need to complete one Capstone paper after graduation or upon working, leveling the playing field for all.

ISCA's CEO, Fann Kor acknowledges the challenges of balancing work and studies.

Which is why I think the "Accelerated Pathway" has been introduced. This initiative aims to streamline the qualification process, with future local universities graduates, CPA Australia members, and possibly ACCA members all just needing to complete one Capstone exam.

However, there's still a discrepancy for backlog graduates between 2013 and 2023 who must complete five exam papers under the existing SCAQ system. Nevertheless they may benefit from some exemptions, reducing their workload to just three to four papers.

In an effort to attract more members, ISCA should really consider reverting to the old system of a five-day workshop and three years of experience, which would accommodate local graduates, ACCA members, and CPA Australia members.

There are also discussions about the necessity of the ATO requirement, especially for companies where the finance department is not a significant part of operations. There are still companies in the SME sector not registered as ATO.

While ISCA has signed RMAs and MRA with various international bodies, some of these agreements seem less practical, as professionals are unlikely to relocate due to tax system differences.

The recent introduction of the "Accelerated Pathway" seems to contradict ISCA's previous strict rules set in 2013 Singapore Qualification Programme SQP, which required candidates to work full-time under ATO for 3 years while studying for the SCAQ (i.e. CPA exam). This change allows undergraduates to complete two SCAQ papers during their university years and get two SCAQ exemption paper suggesting a shift in ISCA's approach. In short, the year 2028 graduates will only need to do 1 x Capstone

In essence, ISCA is undergoing significant changes to its qualification process, aiming to accommodate a wider range of candidates while also addressing previous criticisms and challenge
Reply With Quote
  #16619 (permalink)  
Old 16-05-2024, 10:39 AM
Unregistered
Guest
 
Posts: n/a
Default

Say real one those folks in 40s and 50s and 60s still wanna go fieldwork do vouching meh?

Now still can rely on singles who are aged in 30s (i.e. those born in late 80s to early 90s) to do fieldwork

But in another 5 years time, they will be in 40s

Still wanna do vouching work meh?
Reply With Quote
  #16620 (permalink)  
Old 16-05-2024, 10:43 AM
Unregistered
Guest
 
Posts: n/a
Default

hi anyone know what’s the starting pay for fresh grad at PwC/kpmg this year ?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Salary Increment to be 5.2% Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Yearly increment Button Income and Jobs 29 06-01-2018 09:43 PM
Annual Increment for Civil Service 2011 bswuming87 Income and Jobs 4 10-04-2011 09:19 PM
Annual Increment 1nch3r Income and Jobs 0 12-11-2010 12:36 AM
Can your Increment beat Inflation? Salary.sg Investments and Net Worth 9 24-04-2008 03:37 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,787 Replies, 5,247,525 Views
Career as Teacher ( 1 2 3... Last Page)
11,394 Replies, 6,975,033 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,834 Replies, 1,542,829 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,222 Replies, 3,877,054 Views
High Finance Thread ( 1 2 3... Last Page)
1,570 Replies, 684,359 Views
GovTech ( 1 2 3... Last Page)
6,460 Replies, 2,464,605 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
938 Replies, 545,078 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
771 Replies, 447,043 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
830 Replies, 439,442 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,456 Replies, 3,532,964 Views
Lawyer Salary ( 1 2 3... Last Page)
21,263 Replies, 10,618,775 Views
If you can't find a company here... ( 1 2 3... Last Page)
143 Replies, 55,030 Views
Working in SMRT ( 1 2 3... Last Page)
45 Replies, 61,190 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
372 Replies, 260,696 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
885 Replies, 418,264 Views
ST Electronics ( 1 2 3... Last Page)
3,859 Replies, 1,613,291 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,967 Replies, 4,802,315 Views
Micron starting pay ( 1 2 3... Last Page)
707 Replies, 411,760 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,175 Replies, 1,120,450 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,795 Replies, 2,459,633 Views
Civil Servant Bonus Mid-2023 ( 1 2 3... Last Page)
155 Replies, 161,611 Views
Singapore Airlines ( 1 2 3)
24 Replies, 14,144 Views
Maritime and Port Authority of... ( 1 2 3)
21 Replies, 21,556 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,431 Replies, 4,895,378 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
341 Replies, 389,754 Views
JP Morgan ( 1 2 3... Last Page)
202 Replies, 183,579 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,586 Replies, 1,433,021 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,302 Replies, 666,122 Views
Early Retirement ( 1 2)
18 Replies, 16,136 Views
Anyone worked in singhealth/nhg? ( 1 2 3... Last Page)
71 Replies, 175,743 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 04:08 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2