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Q: Big4 - Yearly salary increment

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  #16801 (permalink)  
Old 19-05-2024, 08:04 PM
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any blue or black with info on the revised pay
no updates from blue yet

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  #16802 (permalink)  
Old 19-05-2024, 08:14 PM
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I think we are lacking more associates than seniors now. assuming a revised pay of 4.1k, fresh grads can earn around Rm17k w cpf. 6x the Msia avg graduate pay and higher than J.P. Morgan analyst pay. considered elite
why bother to compare with jhk

JPM analyst in KL is probably same calibre as Sgrean SIM-UOL private uni

Jhks aren't known to be the sharpest tools in the shed. edu system too 3rd world liao. the smartest ones hv already fled



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  #16803 (permalink)  
Old 19-05-2024, 09:37 PM
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will big4 force s3 to quit if fail to promote to manager?
Ey skip assistant mgr meh? Why sack u. U can work 16hrs ok alrdy.

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  #16804 (permalink)  
Old 19-05-2024, 09:48 PM
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I think the last time people mass resigned was because they said their working hours were so long (OT until very) but the salary is normal as compared to outside. That's why resign

But now, "limpeh" throws you more money at your face with $4.1K as A1...you don't tell me you still want to mass resign?

Is it because people want money + WLB (combo) too?
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  #16805 (permalink)  
Old 19-05-2024, 09:51 PM
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I think the last time people mass resigned was because they said their working hours were so long (OT until very) but the salary is normal as compared to outside. That's why resign

But now, "limpeh" throws you more money at your face with $4.1K as A1...you don't tell me you still want to mass resign?

Is it because people want money + WLB (combo) too?
I havenít heard of mass resignation this year yet lol.

But it remains to be seen if this 4.1k is able to attract good staff.

Gen Z is keen on WLBÖ pay 4k doesnít mean they will be willing to OT to 8pm for you.
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  #16806 (permalink)  
Old 19-05-2024, 10:06 PM
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I havenít heard of mass resignation this year yet lol.

But it remains to be seen if this 4.1k is able to attract good staff.

Gen Z is keen on WLBÖ pay 4k doesnít mean they will be willing to OT to 8pm for you.
Limpeh = Big4/ACRA/ISCA/AWRC/Audit industry (whatever u called)

Yeah Gen Z is more keen on WLB. But people born after the 2000s want to go home on the dot and do stuff in their own life. Like go dating, dinner, sort out their things at home. Accompanied famuly.

But the naysayers sure say where got so good life? want really good money + WLB?

usually WLB = no good money.

Limpeh sure think otherwise...If still dun want work OT for me right...nevermind limpeh throw money up to 6k, limpeh see if you want OT for me
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  #16807 (permalink)  
Old 19-05-2024, 10:34 PM
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After observing the gen z interns in my firm (MNC, good pay for interns ,40% of full time)
Let me just warn u they can just dao ur msg for 1 day and reply u at 530pm, tell u need to go for some family gathering and left u with a 10% done report due the same day
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  #16808 (permalink)  
Old 19-05-2024, 10:40 PM
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I think the last time people mass resigned was because they said their working hours were so long (OT until very) but the salary is normal as compared to outside. That's why resign

But now, "limpeh" throws you more money at your face with $4.1K as A1...you don't tell me you still want to mass resign?

Is it because people want money + WLB (combo) too?
Maybe new hires should check if the $4.1k comes with a bonus. How do you think they are going to fund the increase?

1) Reduce bonuses (existing bonuses are on average 1 month).
2) Hire fewer staff but increase the average workload per staff.

Without the bonus, the increase compared to last time is only $200-300 more on average. The increase should be focused on matching the average market pay ($4.3k) for local fresh graduates, not because it's compensation for the higher workload.

Now the existing situation is:

- Many auditors (usually local seniors) want to exit, but the market is not good or opportunities are less desirable compared to the past. The workload has also increased for the same rank over the years.

- Competition with foreign talents makes it more difficult to command higher pay. To others, it's 20k+ RM, which can afford a luxurious lifestyle in Malaysia, but here in SGD, you can at most eat cai fan and afford HDB.

- There's quite a negative perception of ex-auditors. I donít know if itís because of the mass hiring of foreigners, toxic culture, or something else. potentially making it more difficult to get hired for commercial roles.

- Existing local associates (especially those in their second year) will start to put in less effort in their jobs because they donít intend to stay long. To cut losses, most exit even before reaching senior. Fresh graduate jobs are paying $4.5k at banks, and CA has no relevance in banking.

- On the topic of CA, the paper seems to carry less value now with the many exemptions. Is the 3 year grind in the company worth it when recruiters seem to have less preference for auditors nowadays?

- For work life balance, the current assoc batch prefers not working on weekends and public holidays. If you want to define the extent of over-working, I think you can refer to the numerous posts by auditors mentioning that they want to complain to MOM. But unfortunately, we are blue collar in disguise and are not covered under the MOM Act.
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  #16809 (permalink)  
Old 19-05-2024, 10:47 PM
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Limpeh = Big4/ACRA/ISCA/AWRC/Audit industry (whatever u called)

Yeah Gen Z is more keen on WLB. But people born after the 2000s want to go home on the dot and do stuff in their own life. Like go dating, dinner, sort out their things at home. Accompanied famuly.

But the naysayers sure say where got so good life? want really good money + WLB?

usually WLB = no good money.

Limpeh sure think otherwise...If still dun want work OT for me right...nevermind limpeh throw money up to 6k, limpeh see if you want OT for me
Nope donít think they are generous.
It happens in big 4 audit also. The people born before 2000 tank lor
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  #16810 (permalink)  
Old 19-05-2024, 11:11 PM
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Nope donít think they are generous.
It happens in big 4 audit also. The people born before 2000 tank lor
What happens if there are no local graduates want to join the audit industry?

Then this "Never mind, limpeh throw money at your face lor!!" theory will need to be adopted right?

If nobody wants to join, then u have to increase the $4.1K to $6K for A1 leh

"Limpeh" put $6K, I don't believe you all fresh graduates don't want work!!

Sure will have taker right?

Unless u say all these local uni graduates all come from well-to-do family and their family don't need them to work?
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