Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

if you dont want to be low balled, avoid reporting roles at all cost. If you want higher pay, aim for tech sector companies. Consider going to large commercial employers for experience first like Shoppee, Grab, Lazada, SEA, P&G etc. Get the commercial experience then jump again

Senior 1 exit min 5.5-6 usually for lower job title then jump again in 1-2 years to higher title at 8+ and so on

Non-reporting roles means business development and strategy or FP&A?

Originally Posted by Unregistered

Not OP, but I do know of seniors (s2) getting offered $6k+

Which roles?

I laughing at the post comparing IB roles vs audit

Srsly that’s the greatest insult to students who actly end up in front office in IB. They are mostly from top universities, networking their a** off during uni years, participate in multiple business case competitions/ uni investment clubs and may even took CFA/CPA and still scoring A in their uni modules.

Meanwhile a typical big 4 auditor studies in telomg Ali uni and slacking , eat supper till 2am and Mia the next day morning lessons. Average score also
And now complain on this forum how come cannot get 5k and 9to5 job after I jump out as brilliant S1 >:<

Originally Posted by Unregistered

Orange 4.1 Blue 4.35

is orange salary with bonus?

Originally Posted by Unregistered

I laughing at the post comparing IB roles vs audit

Srsly that’s the greatest insult to students who actly end up in front office in IB. They are mostly from top universities, networking their a** off during uni years, participate in multiple business case competitions/ uni investment clubs and may even took CFA/CPA and still scoring A in their uni modules.

Meanwhile a typical big 4 auditor studies in telomg Ali uni and slacking , eat supper till 2am and Mia the next day morning lessons. Average score also
And now complain on this forum how come cannot get 5k and 9to5 job after I jump out as brilliant S1 >:<

I think most of the posts asking about exit opportunities are from local auditors. But yes, I won’t compare IB with audit. They are very different.

Originally Posted by Unregistered

is orange salary with bonus?

First year associate no bonus

Originally Posted by Unregistered

Non-reporting roles means business development and strategy or FP&A?

theres a lot of roles outside of reporting for finance. please go do some industry research yourself. if you stick to generic cookie cutter **** like full set accounts and dont have a niche then too bad accept your reality that you are getting more and more useless in the world today

Originally Posted by Unregistered

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.

then suck it up lor. career 30+ year long you not even able to grind for 5-6 years then why do you deserve a higher pay? what value do you bring to the table?

Originally Posted by Unregistered

the longer u wait in big 4 the harder it is for u to find some legit commercial accounting position without being lowballed. this industry is dominated by middle age auntie and uncles who may not even have a degree, forget abt CPA/CA. chances are most SMEs rather hire a 5k per month 8YOE auntie accountant as compared to ex-auditor. 1st they cant afford u, 2nd as compared to these laoniao, u more likely to jump again as u want more salary 2 years later...
I jumped out as S1, was offered a 30% increment plus a title drop (senior to analyst) . recently got another offer which gives me a 40% jump (this is after my 2 years in commercial with 20% adjustment - promoted once) same batch friends trying to jump out now, she was offered mostly at her current big 4 salary / 5-10% increase, what's worse is most FP&A job will take those from FP&A or accounting advisory functions. Auditors are not competitive in the Finance BP / FP&A fields cos of the lack of knowledge in Tableau/Power BI/ management reportings
if u want jump, jump asap. dont think the jump as mgr get 40% bump works anymore

can confirm. exit once senior, waiting until manager has 0 value now

Originally Posted by Unregistered

is orange salary with bonus?

orange should adjust soon then? blue should be 3600 till Sep and 4350 from Oct