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Q: Big4 - Yearly salary increment

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  #2521 (permalink)  
Old 11-09-2021, 03:29 PM
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Do most SM make partner
No, most do not.

But your chances of making partner at SM are obviously much higher than at Associate or Senior Associate. So we usually tell people don’t think so far yet lol.

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  #2522 (permalink)  
Old 11-09-2021, 10:20 PM
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Need MBA to be director / partner? Or does this only apply to Big 4 firms in the US?

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  #2523 (permalink)  
Old 11-09-2021, 10:24 PM
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Need MBA to be director / partner? Or does this only apply to Big 4 firms in the US?
For strategy consulting only (i.e. Monitor Deloitte, Strategy&, EY-Parthenon), almost all the senior guys have MBA. But other than that, pretty much optional. For big 4 in the US, generally across consulting (not just strategy) MBA is common. But audit, tax etc. usually not.

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  #2524 (permalink)  
Old 12-09-2021, 08:19 AM
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For audit, you do need to be a Chartered Accountant of Singapore which is a pre-requisite to becoming a Public Accountant.
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  #2526 (permalink)  
Old 12-09-2021, 04:02 PM
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Looking at exit opportunities from yellow.
High salary cant solve the current brain drain and manpower issue.


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  #2527 (permalink)  
Old 12-09-2021, 04:52 PM
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Looking at exit opportunities from yellow.
High salary cant solve the current brain drain and manpower issue.
Is the attrition rate this year higher than other years?


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  #2528 (permalink)  
Old 12-09-2021, 05:37 PM
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Looking at exit opportunities from yellow.
High salary cant solve the current brain drain and manpower issue.
high salary meh ?
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  #2529 (permalink)  
Old 12-09-2021, 07:49 PM
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high salary meh ?
Yes. Ngl, EY's plan of increasing the salary worked for me (bit of a golden handcuff now) . Was intending to jump soon after hitting the 2 year mark in advisory but the comp for the exit options are less attractive than before now.
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  #2530 (permalink)  
Old 12-09-2021, 08:03 PM
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Yes. Ngl, EY's plan of increasing the salary worked for me (bit of a golden handcuff now) . Was intending to jump soon after hitting the 2 year mark in advisory but the comp for the exit options are less attractive than before now.
2 years? I’m assuming you’re a S1 now? How much is the new increment?
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