Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

if 7k in 5 years is "slightly better than average" - i'm presuming let's put it top 40%, then what salary in 5 years is considered top 25%? 8k? 9k? 10k?

Depends you comparing against what..

Honestly within the accounting industry it’s not bad. If you’re already inside then sucks to be you.

But from the perspective of a student, I wouldn’t even want to enter this industry in the first place.

Auditors most useless job in the world.

Originally Posted by Unregistered

if 7k in 5 years is "slightly better than average" - i'm presuming let's put it top 40%, then what salary in 5 years is considered top 25%? 8k? 9k? 10k?

i mean i have accountancy juniors who went direct MA program, when i was s2 drawing 5+, my junior was already earning 9, and not in some IB role or what just a middle office bank role. so you tell me, you can say thats the top 10 percentile for sure. but i also know juniors who left audit earlier than me and now we are on par.

i used to keep telling myself if i extrapolate into the future i will eventually take over them because of the constant progression, but honestly doesnt seem to be the case. and end of the day they already enjoy the benefit of a much better wlb.

on the flip side there are definitely people who leave and earn lesser, but just saying if you conisder both ends of the spectrum, audit is now "average" when you count in the number of hours, its pure crap

Originally Posted by Unregistered

i mean i have accountancy juniors who went direct MA program, when i was s2 drawing 5+, my junior was already earning 9, and not in some IB role or what just a middle office bank role. so you tell me, you can say thats the top 10 percentile for sure. but i also know juniors who left audit earlier than me and now we are on par.

i used to keep telling myself if i extrapolate into the future i will eventually take over them because of the constant progression, but honestly doesnt seem to be the case. and end of the day they already enjoy the benefit of a much better wlb.

on the flip side there are definitely people who leave and earn lesser, but just saying if you conisder both ends of the spectrum, audit is now "average" when you count in the number of hours, its pure crap

you also need to consider the ease of getting into those roles. audit has no baseline requirement, as long as you are a living breathing human

Originally Posted by Unregistered

i mean i have accountancy juniors who went direct MA program, when i was s2 drawing 5+, my junior was already earning 9, and not in some IB role or what just a middle office bank role. so you tell me, you can say thats the top 10 percentile for sure. but i also know juniors who left audit earlier than me and now we are on par.

i used to keep telling myself if i extrapolate into the future i will eventually take over them because of the constant progression, but honestly doesnt seem to be the case. and end of the day they already enjoy the benefit of a much better wlb.

on the flip side there are definitely people who leave and earn lesser, but just saying if you conisder both ends of the spectrum, audit is now "average" when you count in the number of hours, its pure crap

End of the day you need to be realistic

Audit and actual commercial finance department work similarity max i give you 35%

The 35% base is important for stepping stone into commercial

But the 65% majority of knowledge is still derived from industry


Thats why dont waste too much time in audit

Originally Posted by Unregistered

you also need to consider the ease of getting into those roles. audit has no baseline requirement, as long as you are a living breathing human

If can do documentation well

most of the work is done liao

Originally Posted by Unregistered

you also need to consider the ease of getting into those roles. audit has no baseline requirement, as long as you are a living breathing human

audit used to cherry pick their candidates just a little over 5 years ago, now they are forced to accept the anyone because they are no longer competitive

Originally Posted by Unregistered

i mean i have accountancy juniors who went direct MA program, when i was s2 drawing 5+, my junior was already earning 9, and not in some IB role or what just a middle office bank role. so you tell me, you can say thats the top 10 percentile for sure. but i also know juniors who left audit earlier than me and now we are on par.

i used to keep telling myself if i extrapolate into the future i will eventually take over them because of the constant progression, but honestly doesnt seem to be the case. and end of the day they already enjoy the benefit of a much better wlb.

on the flip side there are definitely people who leave and earn lesser, but just saying if you conisder both ends of the spectrum, audit is now "average" when you count in the number of hours, its pure crap

I left after 8 years at MA3. Last drawn was around 8k in B4, jumped and got a modest 10% bump to 9k.

Doing fairly well compared to my peers who left earlier, but won’t comment either it’s worthwhile giving up my 20s and my early 30s.

Auditors sucks. Work so slow like turtle copy paste job only. Still have time eat lunch take break

The budget time is always not enough. We have to use our private and personal time to meet targets.