Q: Big4 - Yearly salary increment - Page 175 - 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
  #1741 (permalink)  
Old 14-06-2021, 10:45 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by KKK View Post
Not only need to be a partner but need to be senior partner in order to make serious cash. Even a junior partner only makes like $14/16k per month which isn't a lot. The senior partners on the other hand can easily make $1mil a year.

It's a slogfest over at the big 4.
serious ? SM is already making near 14/16k per month

i suppose partner should be near 20k/mth, else they might as well be a senior management in other corporation

Reply With Quote
  #1742 (permalink)  
Old 14-06-2021, 10:58 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
serious ? SM is already making near 14/16k per month

i suppose partner should be near 20k/mth, else they might as well be a senior management in other corporation
SM make 14/16k? Donít make me laugh. M starts at ~6k. Do the math yourself. Maybe for those that are stuck at SM with a lot of experience then perhaps.

Reply With Quote
  #1743 (permalink)  
Old 14-06-2021, 11:18 AM
KKK
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
serious ? SM is already making near 14/16k per month

i suppose partner should be near 20k/mth, else they might as well be a senior management in other corporation
Yea, I am 100% sure because I have friends and family working in big 4. Partner can easily make 20k/month but not as a junior partner, need to have more ownership in the partnership then can make lots of $$$ but that usually only comes a couple of years after they make partner.

Reply With Quote
  #1744 (permalink)  
Old 14-06-2021, 08:26 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by KKK View Post
Yea, I am 100% sure because I have friends and family working in big 4. Partner can easily make 20k/month but not as a junior partner, need to have more ownership in the partnership then can make lots of $$$ but that usually only comes a couple of years after they make partner.
Is there like a limit on the ownership/partner share they can buy ?
An analogy, if the junior partner came from a wealth family to begin with. Can he/she literally buy X amount (to max that he could affords) of ownership/partner shares and literally do the minimal but get tons of compensation due to the ownership/partner shares he/she is holding ?

Like the concept of an investor buying a company shares and get dividend from it.
Reply With Quote
  #1745 (permalink)  
Old 14-06-2021, 09:04 PM
KKK
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is there like a limit on the ownership/partner share they can buy ?
An analogy, if the junior partner came from a wealth family to begin with. Can he/she literally buy X amount (to max that he could affords) of ownership/partner shares and literally do the minimal but get tons of compensation due to the ownership/partner shares he/she is holding ?

Like the concept of an investor buying a company shares and get dividend from it.
I think there is a limit and it is tied to the years of service in the partner capacity because their shares vest over time so it's not instantaneous. Even then, how much a partner takes home is also dependent on how much his business unit brings in.
Reply With Quote
  #1746 (permalink)  
Old 14-06-2021, 10:32 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by KKK View Post
Yea, I am 100% sure because I have friends and family working in big 4. Partner can easily make 20k/month but not as a junior partner, need to have more ownership in the partnership then can make lots of $$$ but that usually only comes a couple of years after they make partner.
non equity partner ... maybe that amount

equity partner that buy in is way more... else not worth it la.
Reply With Quote

  #1747 (permalink)  
Old 15-06-2021, 05:08 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
serious ? SM is already making near 14/16k per month

i suppose partner should be near 20k/mth, else they might as well be a senior management in other corporation
Yup a new junior partner makes about 14k a month, but that's base salary. SM is around 8-10k a month typically. Those who get stuck at SM for longer might be making more, quite near junior partner level like you said.
Reply With Quote
  #1748 (permalink)  
Old 15-06-2021, 10:24 AM
Senior Member
 
Join Date: Apr 2021
Location: Singapore
Posts: 60
chickpig is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
SM make 14/16k? Donít make me laugh. M starts at ~6k. Do the math yourself. Maybe for those that are stuck at SM with a lot of experience then perhaps.
Big 4 Consulting SMs do make 15/16k btw, and Ms do make 10/11k.
Reply With Quote
  #1749 (permalink)  
Old 15-06-2021, 10:27 AM
Senior Member
 
Join Date: Apr 2021
Location: Singapore
Posts: 60
chickpig is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Yup a new junior partner makes about 14k a month, but that's base salary. SM is around 8-10k a month typically. Those who get stuck at SM for longer might be making more, quite near junior partner level like you said.
Wow, like that means Big 4 Consulting SM earn more than Audit junior partner, and Consulting M earn more than Audit SM then.
Reply With Quote
  #1750 (permalink)  
Old 15-06-2021, 10:37 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by chickpig View Post
Big 4 Consulting SMs do make 15/16k btw, and Ms do make 10/11k.
They donít start at that level.
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)
8,389 Replies, 2,442,884 Views
Roles in accenture singapore ( 1 2 3... Last Page)
4,875 Replies, 972,176 Views
Lawyer Salary ( 1 2 3... Last Page)
17,189 Replies, 6,482,701 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,614 Replies, 3,108,776 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
925 Replies, 197,266 Views
Career as Teacher ( 1 2 3... Last Page)
5,644 Replies, 3,523,228 Views
GovTech ( 1 2 3... Last Page)
3,197 Replies, 865,182 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,181 Replies, 578,848 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
220 Replies, 74,284 Views
Jumping into the tech private... ( 1 2 3... Last Page)
62 Replies, 8,467 Views
Compare civil service salary ( 1 2 3... Last Page)
14,248 Replies, 8,954,339 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,301 Replies, 710,944 Views
ST Electronics ( 1 2 3... Last Page)
2,811 Replies, 853,252 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
896 Replies, 554,572 Views
High Finance Thread ( 1 2 3... Last Page)
1,218 Replies, 261,272 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,981 Replies, 1,931,558 Views
Facebook (Meta) ( 1 2 3... Last Page)
52 Replies, 10,860 Views
Micron starting pay ( 1 2 3... Last Page)
456 Replies, 165,233 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
525 Replies, 146,810 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
970 Replies, 636,881 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,630 Replies, 893,529 Views
Official 2022 Retrechment thread ( 1 2 3... Last Page)
90 Replies, 11,899 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,608 Replies, 2,035,272 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,982 Replies, 753,439 Views
Dillema: University of Melbourne... ( 1 2 3... Last Page)
64 Replies, 35,778 Views
What course should I undertake? ( 1 2 3)
20 Replies, 15,060 Views
Polytechnic lecturer salary range ( 1 2 3)
26 Replies, 79,970 Views
Alibaba
2 Replies, 440 Views
Engineer Pay ( 1 2 3... Last Page)
470 Replies, 245,373 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
127 Replies, 206,567 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:21 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2