Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

Does this apply to other departments i.e advisory and to new joiners?

Advisory ppl don’t take scaq. Many of them aren’t even from accounting background.

Originally Posted by Unregistered

Does this apply to other departments i.e advisory and to new joiners?

Orange advisory offers the same 10k bonus for CFA.
Orange tax offers the same 10k for SCTP ATA for either Income Tax or GST.

Seems like every BU has their own qualification. Even the corporate secretary team got some Chartered Secretaries Institute of Singapore qualification

SCAQ is the best if you want to be accountant la.

CFA is more of investments and banking.

Originally Posted by Unregistered

Average performer in Orange

A1 - 4100
A2 - 4500
S1 - 4900
S2 - 5600
AM - 6200
M1 - 6800

1.1 months bonus.

Assuming you get CA at S2, + 416 per month over 2 years

S2 - 5600 + 400 = $6k
AM - 6200 + 400 = $6.6k
M1 - 6800

Why focus on pay progression when you are already halfway out the door?

The real takeaway is the experience and skills you can gain while you are here, which will outlast any salary increment.

Originally Posted by Unregistered

Why focus on pay progression when you are already halfway out the door?

The real takeaway is the experience and skills you can gain while you are here, which will outlast any salary increment.

Actually we shouldnt let the last drawn pay mentality affect us

Our value is not derived from last drawn pay

We should be free to ask whatever salary we want and for HR to value our output accordingly

Influencer does zero contribution to humanity but earn many millions

Yellow Audit - Dual CFA and CA holder and HIPO since S2

A1 - 3600
A2 - 3800
S1 - 4300
S2 - 6400
AM - 7000
M1 - 8000

2.8 months bonus.

Originally Posted by Unregistered

Yellow Audit - Dual CFA and CA holder and HIPO since S2

A1 - 3600
A2 - 3800
S1 - 4300
S2 - 6400
AM - 7000
M1 - 8000

2.8 months bonus.

CFA and CA should benchmark with DBS CFO for your salary

Originally Posted by Unregistered

Audit for useless people. Copy and paste job also can get 6k easily. Easy money fauck

Actually audit is replicating work 2x

We are not creating new output

Alternatively is CFO must be CA Singapore or registered accountant in the country home body

CFO pay government body or ACRA $$ and gets accounts checked for error on permanent basis

Then shut down third party audit services entirely

Third party attestation should let any CA SG do

But if any issue, the CA SG registration will be easily revoked so that reviewer wont be slack

Originally Posted by EDMWer

CFA and CA should benchmark with DBS CFO for your salary

DBS CFO salary minus 20% cos she got FRM certification + CA + CFA

So you adjust downward by 20% and you get your salary reasonableness testing