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Q: Big4 - Yearly salary increment

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  #16851 (permalink)  
Old 20-05-2024, 04:45 PM
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Can exit. Just that pls donít expect to exit as mgr with 20% pay bump + original title
Becos why would a commercial firm hire someone in with only audit experience to manage a team ? How u manage ppl who knows the system and business better? Financial reporting is like 20% of what ppl do in commercial and u can find $4k accountants easily

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  #16852 (permalink)  
Old 20-05-2024, 06:03 PM
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Can exit. Just that pls donít expect to exit as mgr with 20% pay bump + original title
Becos why would a commercial firm hire someone in with only audit experience to manage a team ? How u manage ppl who knows the system and business better? Financial reporting is like 20% of what ppl do in commercial and u can find $4k accountants easily
Public is the best. Commercial low pay unless u fc and above.

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  #16853 (permalink)  
Old 20-05-2024, 06:15 PM
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Iím OP. I do audit 3 years look like 35 years old alr.😭
Take care of yourself lah

Earn so much money

Go buy some health supplement

Don't stress

You can't be like a Japanese right where you need to harakiri

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  #16854 (permalink)  
Old 20-05-2024, 07:11 PM
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The only seniors left this year will either be the foreigners waiting for their PR getting approved, or those who just love audit waiting to become partner
Or those stucked 😂
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  #16855 (permalink)  
Old 20-05-2024, 07:16 PM
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Bookings are already getting shorter and shorter this year, that's why the peak was unusually bad. Resignation, hiring freeze, hired people can't come in because MOM reject their EP application, existing staff EP renewal not approved... This is a very bad year, which is why they bothered "raising pay". It's so bad that I resigned without a job in line.
Yes, itís quite bad. But job market also quite bad now. Unless you are financially well, maybe should take sabbatical leave
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  #16856 (permalink)  
Old 20-05-2024, 07:23 PM
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Gov throw $15m and audit firm increase salaries for A1 to $4.1K

Is like saying "Limpeh throw money" = see people want to join or not?

Is really a display of arrogance!

Remind of our water experts. If many people are using water, simple!! just increase the water tax lor...see people still dare to use so much water or not?

Is like playing with numbers

Dump $15m = increase 100 people join audit industry
Dump $30m = increase 200 people join audit industry
Dump $45m = increase 300 people join audit industry
Dump $70m = increase 400 people join audit industry
The irony is that the money is not even thrown at the local graduates.
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  #16857 (permalink)  
Old 20-05-2024, 07:25 PM
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Seems like industry in death spiral

Too little too late

Even throw 4.5k still may not attract local
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  #16858 (permalink)  
Old 20-05-2024, 07:33 PM
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Seems like industry in death spiral

Too little too late

Even throw 4.5k still may not attract local
Should be without bonus
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  #16859 (permalink)  
Old 20-05-2024, 07:55 PM
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Yes, itís quite bad. But job market also quite bad now. Unless you are financially well, maybe should take sabbatical leave
Got rejected. But then again, I'm from the audit department that is famous for rejecting leaves. No choice had to resign and eat from my savings.
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  #16860 (permalink)  
Old 20-05-2024, 08:02 PM
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Whatís your job now?
Give up to chase for the rat race in audit mid last year

Now in commercial as regional FM, time to rest a while ( to gather no of years before hop to others)

Sad to say, need some luck/connection/ to get out from audit.

Exit opportunities getting harder and harder as commercials boss might not convince you can do the job
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