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Q: Big4 - Yearly salary increment

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  #2461 (permalink)  
Old 06-09-2021, 04:48 PM
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Do junior partners get to buy in? or isit more for senior partners

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  #2462 (permalink)  
Old 06-09-2021, 05:37 PM
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Quote:
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Do junior partners get to buy in? or isit more for senior partners
You can only be a partner (junior or senior) if you buy in.

s://.howtomakepartner.com/how-much-do-i-need-to-buy-in-as-a-partner-at-the-big-4/

This link helps explain the topic pretty well, of course the salary and buy-in amounts in Singapore and US/UK will be different.

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  #2463 (permalink)  
Old 06-09-2021, 06:33 PM
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Is late 30s the normal age for partner or isit 40 onwards .
Whats the latest SM payscale and bonus like for yellow ?
Heard it was pretty good ? 3-5 months ? Anyone can verify

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  #2464 (permalink)  
Old 06-09-2021, 08:22 PM
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Quote:
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Is late 30s the normal age for partner or isit 40 onwards .
Whats the latest SM payscale and bonus like for yellow ?
Heard it was pretty good ? 3-5 months ? Anyone can verify
Best case:

25 - Start work in Big4 as an associate
27 - Promoted to Senior Associate after 2 years as Associate
30 - Promoted to Manager after 3 years as SA/AM
33 - Super achiever, promoted to Senior Manager/Associate Director after 3 years as Manager
36 - Super achiever again, proposed to Director after 3 years as SM/AD
38 - Offered partnership

But this is really much fast tracked/super achiever status, can sell very well or have connections to make sales.

Most will probably be SM/AD or D for 5-6 years, so you are really looking at early to mid 40s for partnership for most people who decide to slog it out.
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  #2465 (permalink)  
Old 06-09-2021, 10:14 PM
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Does this mean that SM = AD ? Do you need to become AD/D before partner or can SM directly become partner ?
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  #2466 (permalink)  
Old 06-09-2021, 10:18 PM
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Salary for orange audit lowest among the big 4?
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  #2467 (permalink)  
Old 06-09-2021, 10:50 PM
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Quote:
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Does this mean that SM = AD ? Do you need to become AD/D before partner or can SM directly become partner ?
Yes, Senior Manager is the same as Associate Director.

After that is Director.

You become a Director before you become a Partner.
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  #2468 (permalink)  
Old 07-09-2021, 09:41 AM
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Salary for orange audit lowest among the big 4?
Really? How much ?
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  #2469 (permalink)  
Old 07-09-2021, 11:50 AM
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3.4k no bonus for first year
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  #2470 (permalink)  
Old 07-09-2021, 12:35 PM
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EY 1st year is now 3.4k
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