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Q: Big4 - Yearly salary increment

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  #16771 (permalink)  
Old 18-05-2024, 04:37 PM
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While you guys at the bottom are complaining about low pay, your partners just bought their third/fourth landed property.

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  #16772 (permalink)  
Old 18-05-2024, 04:41 PM
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I am a senior manager in an audit firm

I told the partner and HR to throw big money into hiring young people

But young people just do not want to join

A few reasons:

1. Scare no work and life balance

2. Scare OT

3. Scare clear backlog

4. Scare take over people saikang

5. Scare too much workload

6. Scare becomes people's scapegoat

7. Scare cannot meet deadlines

8. Scare no one teach

9. Scare slow and cannot catch up

10. Scare no one guide

11. Scare being taken advantage

12. Scare kena exploited

13. Alot of opportunities - no need just do audit or accounts

14. Scare previous person working paper quality like sh1t

15. Scare one person tank 3 person jobs

Basically young people are very smart not to join audit firms....



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  #16773 (permalink)  
Old 18-05-2024, 05:08 PM
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Quote:
Originally Posted by Unregistered View Post
I am a senior manager in an audit firm

I told the partner and HR to throw big money into hiring young people

But young people just do not want to join

A few reasons:

1. Scare no work and life balance

2. Scare OT

3. Scare clear backlog

4. Scare take over people saikang

5. Scare too much workload

6. Scare becomes people's scapegoat

7. Scare cannot meet deadlines

8. Scare no one teach

9. Scare slow and cannot catch up

10. Scare no one guide

11. Scare being taken advantage

12. Scare kena exploited

13. Alot of opportunities - no need just do audit or accounts

14. Scare previous person working paper quality like sh1t

15. Scare one person tank 3 person jobs

Basically young people are very smart not to join audit firms....
The existing staff covered most of the above (OT, clear backlog, tank 3 jobs) don't see partners increasing salaries significantly, except when **** hits the fan

If these are the attributes of the potential hires, wonít it create more burden for existing staffs. Maybe you will see these new hires replacing existing staff.

There are a lot of young people. it just depends on whether you have already reached the hiring quota.

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  #16774 (permalink)  
Old 18-05-2024, 05:28 PM
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I am exiting big4 corporate tax for AM role in mid tier. Now that big 4 announce salary adjustments i fomo. Is it a good time to leave, or should I just stay ? ): But I want my work life balance back.
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  #16775 (permalink)  
Old 18-05-2024, 05:43 PM
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Quote:
Originally Posted by Unregistered View Post
I am exiting big4 corporate tax for AM role in mid tier. Now that big 4 announce salary adjustments i fomo. Is it a good time to leave, or should I just stay ? ): But I want my work life balance back.
Just stay. Im trying hard to join big 4. Mgr here from mid tier.

Big 4 is the future.
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  #16776 (permalink)  
Old 18-05-2024, 05:44 PM
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Quote:
Originally Posted by Unregistered View Post
Just stay. Im trying hard to join big 4. Mgr here from mid tier.

Big 4 is the future.
Is the wlb at mid tier tax good? I dont mind taking lesser pay for better hours tbh.
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  #16777 (permalink)  
Old 18-05-2024, 05:47 PM
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Quote:
Originally Posted by Unregistered View Post
I am exiting big4 corporate tax for AM role in mid tier. Now that big 4 announce salary adjustments i fomo. Is it a good time to leave, or should I just stay ? ): But I want my work life balance back.
for context, i will not be promoting in the cycle this year so I will be stuck as year 1 senior
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  #16778 (permalink)  
Old 18-05-2024, 05:55 PM
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Quote:
Originally Posted by Unregistered View Post
for context, i will not be promoting in the cycle this year so I will be stuck as year 1 senior
I think the salary adjustments are mainly for associates. I donít think seniors will have a significant increment. Maybe a $200 more ?
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  #16779 (permalink)  
Old 18-05-2024, 05:57 PM
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Quote:
Originally Posted by Unregistered View Post
I think the salary adjustments are mainly for associates. I donít think seniors will have a significant increment. Maybe a $200 more ?
No announcement yet. Fingers crossed man.
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  #16780 (permalink)  
Old 18-05-2024, 06:07 PM
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The fact that the gov had to intervene and setup task force to coerce big 4 to raise salary just tells you how screwed up this industry is
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