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Q: Big4 - Yearly salary increment

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  #17851 (permalink)  
Old 16-06-2024, 03:32 PM
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im from ex yellow and we audit SEA
I can tell u the accountants in SEA leave later than the auditors
thats says a lot
face is if you want to exit to higher pay you have to go through another grind in companies like SEA etc where you get experience and CV branding similar to your 3 years at big4. so...

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  #17852 (permalink)  
Old 16-06-2024, 03:50 PM
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Given that auditors and investment bankers/management consultants/global markets work long hours, would it make more sense to work in the latter as they are paid significantly more. IB in BB banks easily 10k++ a mth with 6 months bonus as fresh grad while auditor get 4K+ a month without bonus.

Seen quite a number of accounting/finance grads not working in big 4 but IB in banks
not every one can get into IB. You really need connections, a good degree, leadership, etc.

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  #17853 (permalink)  
Old 16-06-2024, 04:03 PM
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face is if you want to exit to higher pay you have to go through another grind in companies like SEA etc where you get experience and CV branding similar to your 3 years at big4. so...
Siao…grind in big4 for 3-4years not enough still have to grind some more in commercial. Grind so much, ended up all the money you earn is to pay for hospital bill. Confirm plus chop heart disease and all sort of illness will say come hi before u reach 50 years old.

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  #17854 (permalink)  
Old 16-06-2024, 04:30 PM
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Should I give up pwc’s offer and jump to KPMG? KPMG offers a higher salary than PwC for fresh grad A1.
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  #17855 (permalink)  
Old 16-06-2024, 05:09 PM
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I got offered a $7K salary as commercial accountant for a construction company

Should I accept this offer because I really hated construction audits during my audit days?
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  #17856 (permalink)  
Old 16-06-2024, 05:46 PM
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Siao…grind in big4 for 3-4years not enough still have to grind some more in commercial. Grind so much, ended up all the money you earn is to pay for hospital bill. Confirm plus chop heart disease and all sort of illness will say come hi before u reach 50 years old.
When I was in school, they told me grind 3 years in big4 can get cushy job.

Come out at S2 I realised everyone looking for ppl with commercial experience, don’t want pure auditor who cannot even use SAP.

But you need commercial exp to get commercial exp, impossible paradox.

Secret is to find a job willing to take you in, even small pay cut ok, then grind another 3 years.

After you have 3 years big 4 and another 3 years commercial, your jobs prospect much better.
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  #17857 (permalink)  
Old 16-06-2024, 05:48 PM
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I got offered a $7K salary as commercial accountant for a construction company

Should I accept this offer because I really hated construction audits during my audit days?
You from which era first?

If you old bird like me, last time construction very hard to do one. And very confusing cause different from all other sales and trading.

Since I think 6 years ago, got new accounting standard, they standardize the principles under FRS115. Construction contract just become over time revenue recognition.

If you study the one old, transit to new one need some getting used to. Take the new SCAQ also blur.
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  #17858 (permalink)  
Old 16-06-2024, 05:50 PM
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Should I give up pwc’s offer and jump to KPMG? KPMG offers a higher salary than PwC for fresh grad A1.
How much first?

I thought all same same one. If really got one pay higher then everyone go there liao.

Unless grades cmi to get in.
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  #17859 (permalink)  
Old 16-06-2024, 06:02 PM
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Should I give up pwc’s offer and jump to KPMG? KPMG offers a higher salary than PwC for fresh grad A1.
which sector in kpmg?
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  #17860 (permalink)  
Old 16-06-2024, 06:16 PM
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How much first?

I thought all same same one. If really got one pay higher then everyone go there liao.

Unless grades cmi to get in.
Orange 4.1 Blue 4.35
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