Q: Big4 - Yearly salary increment

I resigned.

Partner wants low budget cost (time) and high profit margin

Partner wants use least manpower to complete an audit engagement

This means originally 3 person do become 1 person do.

This means partner wants high profits margin.

Partner also afraid my salary eat into his profits.

Since you like high profits margin, nevermind ...I resigned as a cost to you.

You can do audit engagement yourself.

Originally Posted by Unregistered

any updates to the new pay for orange and yellow?

For yellow, no news of revision for A2 and above.

A1 new joiners wef from 1 July, $4300 per month.

Originally Posted by Unregistered

I resigned.

Partner wants low budget cost (time) and high profit margin

Partner wants use least manpower to complete an audit engagement

This means originally 3 person do become 1 person do.

This means partner wants high profits margin.

Partner also afraid my salary eat into his profits.

Since you like high profits margin, nevermind ...I resigned as a cost to you.

You can do audit engagement yourself.

you got voice out to managers for resources?

Originally Posted by Unregistered

yup, this generation really doing a good one to the partners. when i was still inside we all just thought this is what we signed up for and this is just the rite of passage everyone has to go through as an accountant. honestly everyone wore it like a badge of honor.

now i look back, actually all we were are underpaid clowns

Really hope I can tahan until October. Peak after peak is so unbearable.
Not only underpaid, but focus so much on the job that neglect all other aspects of life.

Originally Posted by Unregistered

any updates to the new pay for orange and yellow?

Orange will announce on 1 July.

Give it a few days for people to discuss and word to spread…

Not sure whether to be a public accountant as the profit margin of audit seem very low to me.

Anyone wanna share how much is the profit margin in the business?

Any audit partner here also same as me afraid that the audit associates' salaries eat into the profit margin?

If audit partners and public accountants really want good money, then don't perform any audit that is small. No point doing. Just serve the big clients and earn big audit fees.

Originally Posted by Unregistered

yup, this generation really doing a good one to the partners. when i was still inside we all just thought this is what we signed up for and this is just the rite of passage everyone has to go through as an accountant. honestly everyone wore it like a badge of honor.

now i look back, actually all we were are underpaid clowns

You won the post of the year

Originally Posted by Unregistered

If audit partners and public accountants really want good money, then don't perform any audit that is small. No point doing. Just serve the big clients and earn big audit fees.

Its not supposed to be like this

Its more like a small audit but reasonable fees to ensure sustainability for next generation