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Q: Big4 - Yearly salary increment

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  #20631 (permalink)  
Old 11-10-2024, 02:46 PM
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Listening to the internet? That’s your weak-a** response?

You are exactly where you deserve to be, doing nothing, going nowhere, and blaming everything around you like a spineless coward.

You think I’m stuck? Nah, I'm out here making moves while you sit there running your mouth with zero to show for it.

So here’s a reality check. Nobody gives a f*** about your excuses, least of all me. You have coasted long enough, playing the victim card like a joke.

The difference between us? I own my sh1t, while you sit there pointing fingers, hoping life throws you a bone.

Breaking News! No one's coming to save you, and no one's impressed by your weak-a** mindset.

You want to stay irrelevant? Be my guest.

But don’t for a second think I’m on your level, because I have been leaving you in the dust from day one. So f*** your opinions, and f*** your empty existence.

You are the only one stuck here, not me.
Both of you are here.. pots and kettles.

If you're so well to do you won't be here already. No matter wht you say we won't believe otherwise.

The only way you can win is stop posting and go away.

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  #20632 (permalink)  
Old 11-10-2024, 06:11 PM
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Guys honestly why is big 4 still so competitive and popular?

Deloitte offered my friend 4k, wtf 4k for a NUS FCH? so fking trash... meanwhile another friend comp science, garbage GPA, this guy legit suck cock at coding, yet this guy can get job at Lazada fresh grad 6k

LOL how is this fair? sibei rigged market

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  #20633 (permalink)  
Old 11-10-2024, 06:46 PM
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Guys honestly why is big 4 still so competitive and popular?

Deloitte offered my friend 4k, wtf 4k for a NUS FCH? so fking trash... meanwhile another friend comp science, garbage GPA, this guy legit suck cock at coding, yet this guy can get job at Lazada fresh grad 6k

LOL how is this fair? sibei rigged market
Hey can lend me your Time Machine? I also wan go back to 2005 where you came from.

Cause it sure ain’t popular in 2004.

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  #20634 (permalink)  
Old 11-10-2024, 07:48 PM
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Hey can lend me your Time Machine? I also wan go back to 2005 where you came from.

Cause it sure ain’t popular in 2004.
Audit was very popular in the late 2000s to early 2010s. All the NBS accounting students ya ya papaya look down on nerd nerd engineers. Think that EY is very atas can wear slim fit office wear work in CBS fancy Raffles Quay office (in reality 80% of the time will be spent in some dusty client industrial estate in Loyang).

After 2015 audit became a joke sector and joining B4 is a shameful 3rd choice option.
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  #20635 (permalink)  
Old 11-10-2024, 08:16 PM
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Audit was very popular in the late 2000s to early 2010s. All the NBS accounting students ya ya papaya look down on nerd nerd engineers. Think that EY is very atas can wear slim fit office wear work in CBS fancy Raffles Quay office (in reality 80% of the time will be spent in some dusty client industrial estate in Loyang).

After 2015 audit became a joke sector and joining B4 is a shameful 3rd choice option.
The majority of NBS accounting students now probably still end up in the Big 4. Just look at the median GES pay
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  #20636 (permalink)  
Old 11-10-2024, 08:34 PM
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The majority of NBS accounting students now probably still end up in the Big 4. Just look at the median GES pay
Those from 2010s are in their 30s with kids now.
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  #20637 (permalink)  
Old 12-10-2024, 12:52 AM
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Originally Posted by Unregistered View Post
Guys honestly why is big 4 still so competitive and popular?

Deloitte offered my friend 4k, wtf 4k for a NUS FCH? so fking trash... meanwhile another friend comp science, garbage GPA, this guy legit suck cock at coding, yet this guy can get job at Lazada fresh grad 6k

LOL how is this fair? sibei rigged market
non-local accountants here. tbh the social app i always use - there are many accountants (assume mostly hired by SME) asking about if their salary is good enough. and these ppl are earning 2.5k-4k max. if ppl like these exist in the industry and still worry about job security and being over compensated for earning 4k, acc grads pay scale will forever stay like this. cos why hire a non experienced local grad when a 8 year experienced candidate willing to do the job for 4k
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  #20638 (permalink)  
Old 12-10-2024, 04:49 AM
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lol what transferable skills u talking about? vouching? analytical review? issue review points? manage your senior and junior? wait now managers do field work cos no manpower.

you leave audit without any commercial knowledge, dont know accounting system, only know how to pick samples and check FS, wait nowadays audit quality so cui i think they got problem reviewing FS, yet alone do. there is a reason no locals want to do, its because no life. Next thing u know u are in your mid 30s with nothing but a decent pay check and you are but a shell. u forgot what hobbies are like. U think commercial want to hire u become FM? so expensive but no skills. U cant leave audit because u are too expensive and u continue this life until you are in your mid 40s and realize u missed out on your kids birthday, parents funeral.

u lost your life to grow your salary to 8-9k? worth it? and u stagnate unless u become partner. u cant leave. your skills are too generic and nothing specialized. u spend your day trying to book staff when no one joins and all your competent seniors quit, assuming there are any.

u look around you and realize there are no singaporeans, only malaysians who speak in broken chinese and you have to OT as much as them because they are motivated with 3:1 while your exchange rate is 1:1 at best. you end up marrying a malaysian girl and develop their weird chinese speaking accent.

What branding does big 4 provide? just leave as senior if branding is so important. whether u leave as manager or senior, u have your branding. and once u are a senior, your knowledge level is as good as your managers if u know what i mean.

your skills deteriorate once u are manager because u lost touch of how to use excel as you spend your days reviewing working paper only. when you leave for commercial, u realize u cannot cope because you havent been using excel for so long, your accountants and senior accountants look down and dont respect u for being just a people manager, but never help with work

big 4 doesnt pay your enough for the amount of hours u work. just count. aren't all accountants/ auditors good with numbers? must I get a mcdonald employee to do it for u

Theres a reason why seniors do senior level work and juniors do junior level work
The speed of comprehension, technical competency, speed of testing and documentation all plays apart. This will determine how late u sleep at night.

There is no difference between peak and off peak now. Its whole year peak unless u are bad. When u lack manpower, thats whole year peak for u.

Client have 1 year of cooking of the books to do their financials and auditor have less than a month to audit them

My dear student, have u tried not sleeping for days on end? have u tried doing nothing for an entire week but work and sleep? your weekends are burnt doing catch up, you take MC to catch up on back log. Try doing that for months? Are u ready to throw your life away for your branding? Branding to what? commercial? industry is invaded by malaysians by now, low balled to the sky.


You cannot apply leave during peak period, but nowadays u cannot apply leave at all if u are booked unless u get permission from your manager. are you ok with bringing your laptop overseas? when you fall sick and take MC, does your workload decrease? the peers i used to work with spend their sick days doing work. because client and partner ain't gonna wait for u to recover and continue, there are statutory deadlines to meet, group auditors to report to.

Wanna guess what happens if u miss those deadlines? Your entire year's worth of work will be gone during promotions, you will be left out and any broken english malaysian will be promoted all because he stayed in office. Not because he is working, but because his rented shared room in woodlands is too small and he cant on air con until after 10pm.

are you singaporean students so naive as to compete with them? These said malaysians are those who have abandoned their fams in malaysia to compete with us locals, driven by 3.5 exchange rate, do u think it is worth it to even compete with them? these malaysians won't bother teaching u associates, they would rather side their own and throw all the heavy work to you locals.

ok lets say u promote to manager and want to leave for commercial. FINALLY.
you join a random SME, MNC as FM.
I can tell you competency of people is an issue here. you AR/AP accounts executive is probably a ACCA study half way, diploma holder or some malaysian cert. you cant expect them to do any heavy lifting because their brain is just smaller. No exposure to audit experience.

Your accountant will always be missing. especially before the year end audit takes place. Underpaid, no growth opportunities, high stress, high workload. and you as the FM will have difficulty finding a replacement unless you join an MNC with a good reputation that people want to join. You will be living on borrowed time, meaning you performance as an FM/accountant will be based on how smooth the audit proceeds. You can have your work life balance from Mar to Dec, but every Jan to Feb when audit starts, you will realize that your work life balance is based on a ticking time bomb waiting to explode.

There is no future in this industry. Malaysians have screwed u all over by the low barrier of entry and our partners greed for high returns, that is why most of them are panicking now that our gov raise EP requirements. Do u auditors think your salary should be decided by the mere whimp of the government?

Dont believe the cool aid of what high growth BS people say about big 4. As long as you are trading time for money, your salary per hour is low. the long hours/ no work life balance/ high stress. totally not worth it. Just look at your managers, they are stuck. ask them why they have yet to leave, they are stuck.

What 1 month bonus? 1.5 month bonus? for great performance? how many jobs do u have to close for that 1.5 month high performance bonus? Does the math add up? u would earn much more by doing grab food on weekends and screw your jobs. thats assuming are able to close your jobs on time or just meet bare minimum promotion requirements

Now fresh grad dont get paid bonus? is this a 2024 joke or what? Who will bother OT to aim for high performance when u are all paid the same? At this rate even the malaysians wont work hard. Now all big 4 compete with each other for talent. So there is why there is pay differentials now. Yellow even had to go KL to open house to hire for SG. But big 4 malaysia salary went up, singapore exchange rate went down, and there goes your partners pay cheque. No manpower = no audit fee = no condo for partner this year.

Why work your way to partner? U spend your days trying to low ball your competitor to get in new clients. You can't sleep at night because u signed off an audit report when the audit quality is poor. You have to spend your weekends praying at temple so that ACRA dont come catch you. You get ready to throw your managers under the bus when ACRA comes knocking. You pray your client don't suddenly declare bankrupt 3 days after audit signing report. You worry about bank confirmations not coming back. You have spend time interviewing new hires even these days. So u rise up to the highest rank just so u can spend another 10+ years to work as partner since there is a retirement age. And at the highest rank, you are probably the most stressed since your autograph is on the reports. Is it worth it my dear students and senior managers?
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  #20639 (permalink)  
Old 12-10-2024, 05:12 AM
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Originally Posted by Unregistered View Post
Listening to the internet? That’s your weak-a** response?

You are exactly where you deserve to be, doing nothing, going nowhere, and blaming everything around you like a spineless coward.

You think I’m stuck? Nah, I'm out here making moves while you sit there running your mouth with zero to show for it.

So here’s a reality check. Nobody gives a f*** about your excuses, least of all me. You have coasted long enough, playing the victim card like a joke.

The difference between us? I own my sh1t, while you sit there pointing fingers, hoping life throws you a bone.

Breaking News! No one's coming to save you, and no one's impressed by your weak-a** mindset.

You want to stay irrelevant? Be my guest.

But don’t for a second think I’m on your level, because I have been leaving you in the dust from day one. So f*** your opinions, and f*** your empty existence.

You are the only one stuck here, not me.
lol this guy here thinks he is the main character
whos gonna tell this student big 4 wannabe?
whos gonna tell this student he cant be making moves when he is oting til 2am daily?
why is this student projecting his insecurities?

LOL!
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  #20640 (permalink)  
Old 12-10-2024, 05:32 AM
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non-local accountants here. tbh the social app i always use - there are many accountants (assume mostly hired by SME) asking about if their salary is good enough. and these ppl are earning 2.5k-4k max. if ppl like these exist in the industry and still worry about job security and being over compensated for earning 4k, acc grads pay scale will forever stay like this. cos why hire a non experienced local grad when a 8 year experienced candidate willing to do the job for 4k
i never date malaysians.
malaysians have invaded the industry
the 4k max salary is as good as a JP morgan malaysia investment banker salary
3 :1 song bo

Those 2.5k to 4k are account executives doing AR and AP
barely even accountants
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