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Q: Big4 - Yearly salary increment

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  #2051 (permalink)  
Old 02-08-2021, 12:00 AM
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Unhappy Advice on career

Hi

I have been failing Singapore CA professional exams. Yes i am ashamed of it.
Was depressed about it as I see my colleagues in big 4 audit 1 by 1 clearing them and getting their chartered title, moving on with their life. As for myself, i see myself not able to make it to manager too..

In the word of accounting profession, it seems like it is compulsory to have a professional qualification to be in line with the job market. An auditor/accountant with none is stuck or perhaps going be tough moving forward. Thus seeking advice if i should attempt:

1. CFA level 1 (probably not able to clear all 3 levels)
2. CPA australia (clearing) + CIMA Strategic Case study (To get CGMA title)
3. CPA australia (clearing) + CIA (To get ceritified internal auditor)

-Average Joe

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  #2052 (permalink)  
Old 02-08-2021, 01:32 AM
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Quote:
Originally Posted by Unregistered View Post
Hi

I have been failing Singapore CA professional exams. Yes i am ashamed of it.
Was depressed about it as I see my colleagues in big 4 audit 1 by 1 clearing them and getting their chartered title, moving on with their life. As for myself, i see myself not able to make it to manager too..

In the word of accounting profession, it seems like it is compulsory to have a professional qualification to be in line with the job market. An auditor/accountant with none is stuck or perhaps going be tough moving forward. Thus seeking advice if i should attempt:

1. CFA level 1 (probably not able to clear all 3 levels)
2. CPA australia (clearing) + CIMA Strategic Case study (To get CGMA title)
3. CPA australia (clearing) + CIA (To get ceritified internal auditor)

-Average Joe
Why not try ACCA

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  #2053 (permalink)  
Old 03-08-2021, 02:54 PM
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Green not competitive anymore. Same as before 1-3mths.

Current salary range:
A1 - 3k (revised 2019)
A2 - 3.2k
S1 - 4.2k
S2 - 4.7k
AM - 5.2k
M - 6k

They revised A1 pay to attract people, but once people join… there is no retention initiatives. Such a drag, very little appreciation.

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  #2054 (permalink)  
Old 03-08-2021, 04:46 PM
opopop
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Hi guys, just got offered PO from black and yellow firm general audit, consumer products and retail... should i accept?
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  #2055 (permalink)  
Old 03-08-2021, 05:07 PM
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Originally Posted by opopop View Post
Hi guys, just got offered PO from black and yellow firm general audit, consumer products and retail... should i accept?
Yes! Good prospect!


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  #2056 (permalink)  
Old 03-08-2021, 08:15 PM
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Quote:
Originally Posted by Unregistered View Post
Green not competitive anymore. Same as before 1-3mths.

Current salary range:
A1 - 3k (revised 2019)
A2 - 3.2k
S1 - 4.2k
S2 - 4.7k
AM - 5.2k
M - 6k

They revised A1 pay to attract people, but once people join… there is no retention initiatives. Such a drag, very little appreciation.
Why not try Blue or Yellow?
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  #2057 (permalink)  
Old 05-08-2021, 12:34 AM
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Why not try Blue or Yellow?
wait for yellow updated salary first. should be very soon.
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  #2058 (permalink)  
Old 05-08-2021, 01:42 AM
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wait for yellow updated salary first. should be very soon.
Hahaha.. after every1 take e bonus cn zhao ler.. big 4 no loyalty 1.. hahaha
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  #2059 (permalink)  
Old 05-08-2021, 01:51 AM
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Quote:
Originally Posted by opopop View Post
Hi guys, just got offered PO from black and yellow firm general audit, consumer products and retail... should i accept?
If you are able to get into banks, they’ll pay more competitive and reward so much better than audit (talking about good progression, welfare system, knocking off at a fixed timing). Don’t sell yourself out.
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  #2060 (permalink)  
Old 05-08-2021, 01:26 PM
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even with revised salary it s still ****. if you need to start your career in big 4 audit then you can only blame yourself for not working hard enough
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