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Q: Big4 - Yearly salary increment

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  #17661 (permalink)  
Old 08-06-2024, 04:10 PM
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recently left, dont hate audit, dont hate the hours, hate the fact that management is doing nothing to maintain the quality of the profession. a lot of politcal bs at the very top.

senior partners got very little incentive to change status quo because any change affect their take home and they are about 5 years away from packing bag and retiring in their condo before taking on some AC / director roles. junior partners got to suck it up because their comp and bonus is all decided by senior partners exco.

all these salary raises to address the situation are done under the gun, basically milk spilt already then take cloth and wipe. audit standards are going down faster than double declining depreciation ever since covid.

4.1k starting pay got what use when ur MA outside paying 4.8 with i would say competitive progression for the first 5 years. all you get are the leftovers still, just that your leftover still slightly better quality. this is not withstanding that outside of audit the WLB is about 50% better at minimum.

even if say someone told me i guarantee become partner 8 years from now if i stayed, and i can earn 25k / month as a year 1 partner would i do it? probably not, because the 8 years are going to be like dragging my balls through glass. the intern of 3 years ago is better than the year 2 associate of today.

being a manager now is just the a sandwich position, ask u take a 1m port still u need to manage the partner, uphold the firm standards, make sure everything is prim and proper before send them for review at the same time hand hold the senior and staff. some seniors now cant even construct a proper english sentence, some cant even give basic JEs. but you cant do anything about it because press them too hard they look like they gonna break and fall apart, so you just "make do". few years ago u just need to catch up with the senior, give some guidance, good to go.

the ask of you vs the promised benefit is not worth the money, and im certain i dont need 25k a month to lead a good life. beyond 15k you honestly just want a crazy rich asian lifestyle. good luck to those who are still inside and gunning for partner, hats off for your resilience, probably easier to make it there now. but if you make partner you might be sweating buckets everytime you sign the FS.
If I can earn 500k p.a. by closing two eyes, I don't mind. Why care about some entitled kids and take a 300k p.a. pay cut?

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  #17662 (permalink)  
Old 08-06-2024, 07:08 PM
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If not happy with audit then quit. Stop complaining. If the MD or partner see such kind of remarks and attitude. Especially surf web during work hours.

This is horrible.

You are getting paid to do your work. Not complain. Trust in your manager and senior management.
Aw bless their poor fragile hearts. So horrible the minions are b**ching about them online. They're going to go back to cry in their Mercedes.

Lol. You must be a boot licking jhk

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  #17663 (permalink)  
Old 08-06-2024, 08:14 PM
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Aw bless their poor fragile hearts. So horrible the minions are b**ching about them online. They're going to go back to cry in their Mercedes.

Lol. You must be a boot licking jhk
I think it's trolls who aren't even in audit (it's school holidays now so that's why the amount of childish shitpost skyrocketed. it happens every year)

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  #17664 (permalink)  
Old 09-06-2024, 10:15 AM
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Why do audit seniors all disliked to do construction audit, group audit, inventories audit?
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  #17665 (permalink)  
Old 09-06-2024, 10:21 AM
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Cos he can't actually rebut any of the points the OP made. OP's points are real concrete points borne out of personal experiences and issues that every single auditor can see & experience on the ground everyday.

So all he can do is pad his reply with generic sounding points lor. Everything he wrote can be summarized as - "try to give open and constructive feedback to management to help improve the quality of life in the profession" .

Fat load of good that will do for the thousands of auditors wasting their lives grinding in this industry every day. As if B4 Management cares. You're all ants to them.
Long time ago, when I was a young accounting student at Uni studying the organisational mod, I asked the prof too - if I’m going to be a future auditor, how much does organisational culture matter? As in it’s a lot of working late, meeting deadlines, what can culture do for me? He gave me a B-

So what’s the verdict guys?
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  #17666 (permalink)  
Old 09-06-2024, 10:23 AM
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Long time ago, when I was a young accounting student at Uni studying the organisational mod, I asked the prof too - if I’m going to be a future auditor, how much does organisational culture matter? As in it’s a lot of working late, meeting deadlines, what can culture do for me? He gave me a B-

So what’s the verdict guys?
That module is quite useless. You don’t have much power to influence the culture.
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  #17667 (permalink)  
Old 09-06-2024, 10:29 AM
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Why do audit seniors all disliked to do construction audit, group audit, inventories audit?
Give some reasons why they should like group audit, construction, and inventory audit? If all paid the same, private, non-consolidated, non-complex entities, or small groups are better.
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  #17668 (permalink)  
Old 09-06-2024, 11:20 AM
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Give some reasons why they should like group audit, construction, and inventory audit? If all paid the same, private, non-consolidated, non-complex entities, or small groups are better.
Bragging rights that you’re smarter and doing more complex sections.

Helps in performance review and you might get $50 more than your peers monthly salary.
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  #17669 (permalink)  
Old 09-06-2024, 11:32 AM
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Bragging rights that you’re smarter and doing more complex sections.

Helps in performance review and you might get $50 more than your peers monthly salary.
$50 per month. Only at yellow 😂
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  #17670 (permalink)  
Old 09-06-2024, 12:15 PM
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If singapore is gone. Who cares about 3.5 when it cease to exist

If malaysia is not strong or capable. Maybe one hungry power country decide ti claim this land.

There is a possibility in the future. Ongoing wars are a prove in this modern world


The people in singapore will perish or not. We shall see. Only god knows
get lost malaysian jhk.
3.5 _|_ enough to shut u up for good
barking d0g coming my country to build it
thanks
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