Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

It’s tough, no doubt. Auditors often get the short end of the stick – long hours, high stress, and it doesn’t help that pay isn't as high as in other sectors. But honestly, it’s part of the job. The regulatory role we play is crucial, and while it can be frustrating, it’s also what makes our profession so important.

Hope things get better for the sector.

The problem is still unresolved

Until wage issue is fixed, employees in accountancy sector will suffer from lack of motivation which in turn affects their performance

This will result in messy accounts

It is also possible for companies to be suffering from lack of manpower at same time due to budget cuts which exacerbates the problem for existing employees

Originally Posted by Unregistered

While it's true that accountants in places like the USA and Switzerland earn more, it's also important to consider the overall cost of living and tax rates in those countries. In Singapore, we do have a higher standard of living, but the trade-off is lower tax rates and generally more job stability.

it's also about balancing expectations with compensation. It’s a global industry, and the market sets the pace, but it’s up to us to adapt and keep improving our skill sets to stay competitive.

Accountancy is no longer an iron ricebowl unless you are the best ones around in SG and Johore. The labour market just got bigger due to SEZ.

First it will start with accountancy and thereafter rest of financial services since its facilitated for companies to do so

Whatever cost centers that can be offshored will be offshored

I hate doompostings but i will call an apple or spade for what it is

bro is still yapping and even till 2am+...

jesus christ, truly hopeless.

how much salary u want?

Originally Posted by EDMWer

Accountancy is no longer an iron ricebowl unless you are the best ones around in SG and Johore. The labour market just got bigger due to SEZ.

First it will start with accountancy and thereafter rest of financial services since its facilitated for companies to do so

Whatever cost centers that can be offshored will be offshored

I hate doompostings but i will call an apple or spade for what it is

Bro, you’re right — the SEZ will definitely push companies to offshore cost centers. It’s a natural progression. But let's be real — only the ones doing repetitive, low-value work will get replaced. If someone’s just ticking boxes and following checklists, they’re the first to go.

The labour market got bigger, sure, but the real question is: are you good enough to stand out? If not, you’ll end up competing with the masses in Johor for the same role, but at their pay scale. Singapore is moving towards high-value work. Those who can’t adapt might find themselves replaced faster than they think.

It’s a harsh truth, bro. The profession isn’t about just showing up anymore — you have to prove your worth.

Originally Posted by EDMWer

But its not realistic to expect SEZ will bring forward new opportunities unless there are safeguards to prevent companies from offshoring their existing accounting functions

Government needs to create rules to ensure that key management and HR/Accountancy staff are based physically in SG

Bro, honestly, all this talk about SEZ, cost centers, and offshoring is missing one key point: Singapore’s fried rice prices are still $10. If MNCs really wanted to save money, they’d start by auditing hawker stalls to figure out why AP went up by $1.40. Once they sort that out, maybe they can solve the “offshoring problem.”

Also, what’s the obsession with Johor? You think Malaysians moving back is going to shake the entire financial sector? Please. The only thing shaking is the Causeway jam every morning. We’ll all end up working remotely from a café in Batu Pahat at this rate. And guess what — the WiFi will probably still be faster than some audit client’s excuses for missing documentation.

The truth is, bro, luck, fried rice, and whether or not you wear a tie to Zoom calls will dictate the future of accountancy. Everything else is noise.

Originally Posted by EDMWer

The ideal path for career is tough for first 5 years then relax

Not to jump like a frog in 80 degree celsius mala hotpot to 120 degree celsius mala hotpot

At a certain age you will want to be able to enjoy your wealth with your loved ones, together with your preserved mental stability

Not to everyday read email as financial controller do firefighting.

In SG, controller role is literally bao sua bao hai

let me put it to you this way — fried rice is the ultimate economic indicator. You think CPI and GDP matter? Nah, it’s the cost of fried rice that tells you if a country is thriving or tanking.

Back in the day, fried rice was $3.50. Now? $12 gourmet fried rice with truffle oil. What changed? SEZ? Inflation? Global trade policies? Nope. The hawker uncle became an entrepreneur and now calls himself a “culinary artist.” That’s what you call value-adding, my friend.

And you’re worried about the SEZ? Let me tell you something: the only zone that matters is the Comfort Zone — and accountants left that in 2016. The moment you started getting WhatsApp work requests at 11:59 PM on a Sunday, you knew this profession was doomed. Forget SEZ, we’ve been operating in Stress Economic Zone for years.

Also, you think MNCs care about borders? Bro, they care about PowerPoint borders and whether the company logo is perfectly aligned. They don't care if you're in Singapore or Johor as long as your spreadsheet works and your Wi-Fi doesn't lag during Zoom calls.

So here’s the reality: fried rice will continue to rise, SEZ will happen, accountants will stay stressed, and nobody will remember who’s Chartered, Certified, or just tired. But at least we can all agree on one thing — audit clients still won’t sign off on time.

Now go eat your $12 fried rice and embrace the chaos, bro

Originally Posted by EDMWer

People calling me cringe because im the alpha here

No surprise, its the same in big 4 companies, the juniors bow down to the alphas like me and always talk behind my back

What can I do?

I am laughing hard dude. Give us your actual name and title so we can talk "openly"? WTF are you "fighting" in this forum when it is not even gonna help. Go to an actual useful forum or pen your thoughts down in an open letter to govt or stat board...
What can you do? you can stfu and gtfo simple as that

bro spends his free time yapping about nonsense and then later cry about how malaysians are making more money blah blah

hilarious,

put 0 effort into improving myself = wtf guys why am i still poor, ugly and stupid?

Originally Posted by Unregistered

I am laughing hard dude. Give us your actual name and title so we can talk "openly"? WTF are you "fighting" in this forum when it is not even gonna help. Go to an actual useful forum or pen your thoughts down in an open letter to govt or stat board...
What can you do? you can stfu and gtfo simple as that

Agree with you, the EDMwer is hilarious. Speaking here as though he is the policy maker lolol