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Q: Big4 - Yearly salary increment

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  #18761 (permalink)  
Old 21-07-2024, 05:46 PM
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Honestly if you're capable, don't do audit. If you like OTing so much, go do IB and earn 12-18 months bonus or be a lawyer/consultant and have min 8k base as a senior even in boutique and 2nd tier firms. If you become a partner, 300k-500k base salary ezpz. Rainmakers can earn 1-2 mil base salary easily (base ah, not including bonus).

If you're dumb and have no other career options that you can access, then bo bian la. But I still think tech (not SWE which every idiot watching TikTok is trying to be, you can't compete) is better. Or sales is better if you can talk. One of my ex left to be a car salesperson and they earn 10k per month and pulled two ex-colleagues over (another proof that good job opps are only open via referrals LOL)

Of course if you're dumb and don't mind grinding in audit, you can reach 300k-500k base salary as an audit partner too.

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  #18762 (permalink)  
Old 21-07-2024, 07:44 PM
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Quote:
Originally Posted by Unregistered View Post
Honestly if you're capable, don't do audit. If you like OTing so much, go do IB and earn 12-18 months bonus or be a lawyer/consultant and have min 8k base as a senior even in boutique and 2nd tier firms. If you become a partner, 300k-500k base salary ezpz. Rainmakers can earn 1-2 mil base salary easily (base ah, not including bonus).

If you're dumb and have no other career options that you can access, then bo bian la. But I still think tech (not SWE which every idiot watching TikTok is trying to be, you can't compete) is better. Or sales is better if you can talk. One of my ex left to be a car salesperson and they earn 10k per month and pulled two ex-colleagues over (another proof that good job opps are only open via referrals LOL)

Of course if you're dumb and don't mind grinding in audit, you can reach 300k-500k base salary as an audit partner too.
Lawyer spotted. I lawyer too. Sometimes I pop in this thread to read the posts about the grim state of the audit industry out of curiosity. Then I remember to give thanks to the paperpushers in LawSoc for being protectionist and not allow jhks to flood the legal market.

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  #18763 (permalink)  
Old 21-07-2024, 10:23 PM
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Not sure what the audit industry will be like 10 years from now. It’s already heavily dominated by foreign talent, ard 60% holding senior positions. Maybe more operations will be outsourced overseas and the proportion of locals might drop to 20%.

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  #18764 (permalink)  
Old 21-07-2024, 10:32 PM
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Which big 4 firm has sabbatical? What's stopping everyone from taking 1-2 months from Apr-Jun which seems to be the usual period they start cracking and resigning?
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  #18765 (permalink)  
Old 21-07-2024, 10:38 PM
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Lawyer spotted. I lawyer too. Sometimes I pop in this thread to read the posts about the grim state of the audit industry out of curiosity. Then I remember to give thanks to the paperpushers in LawSoc for being protectionist and not allow jhks to flood the legal market.
i know some of the top people in lawsoc and they definitely seem to be good advocates of the industry and the juniors. apparently juniors and partners have different voting groups when it comes to matters that affect them even? nothing close to the quality we have for accounting's where slave drivers decide the fate of slaves. partners treat everything as suggestions only and even handwave acra by taichi-ing **** to manager and senior. only reason we have "pay raise" is because EP salary bar raised and literally no local want to join. even the people from mid tiers are just malaysians or their english too cmi too embarrassing to present to client.
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  #18766 (permalink)  
Old 21-07-2024, 10:38 PM
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Which big 4 firm has sabbatical? What's stopping everyone from taking 1-2 months from Apr-Jun which seems to be the usual period they start cracking and resigning?
Blue has it. But depends on whether your manager approves it
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  #18767 (permalink)  
Old 22-07-2024, 09:19 AM
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The reason I resigned is because I am concerned that the Gen Z associates and clients will jeopardise my career.

Firstly, Gen Z associates don't prioritise deadlines.
Secondly, clients care a lot about meeting deadlines.

Given this situation, I decided to resign as manager to protect my career from potential jeopardy caused by these two groups.
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  #18768 (permalink)  
Old 22-07-2024, 11:05 AM
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For the PBC list, should the associates and seniors request the necessary documents from the clients, or should the audit manager handle this task?

Whose job scope does this fall under?
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  #18769 (permalink)  
Old 22-07-2024, 11:15 AM
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For the PBC list, should the associates and seniors request the necessary documents from the clients, or should the audit manager handle this task?

Whose job scope does this fall under?
PBC is staff-level job scope la.

You what grade? Ask this kind of question…
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  #18770 (permalink)  
Old 22-07-2024, 11:17 AM
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The reason I resigned is because I am concerned that the Gen Z associates and clients will jeopardise my career.

Firstly, Gen Z associates don't prioritise deadlines.
Secondly, clients care a lot about meeting deadlines.

Given this situation, I decided to resign as manager to protect my career from potential jeopardy caused by these two groups.
lol the way you phrase it is a bit blunt and tactless, but yes some managers I know resigned because they cannot handle the increasing expectation gap between their bosses and staff.

Boss wants it by tmrw, but the kids have no sense of urgency. Then how? Suck it up and ownself do. Ownself hard carry.

But this isn’t like school days when I can solo a project and still get A+, this is real life; the workload is heavy.

Then once you find out how much the seniors are earning compared to you, you also can’t help but feel the incremental pay doesn’t commensurate with the incremental responsibilities.
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