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Q: Big4 - Yearly salary increment

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  #2531 (permalink)  
Old 12-09-2021, 08:12 PM
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Default Leaving as S2 or S3

I currently just got promoted to S2 in EY audit. Hoping to work in Canada/Australia in 2023, and I'll most probably have to continue audit there first in order to gain their local experience.

Do you guys think I should grind one more year to become S3 (AM) or leave as S2 in early 2022 and join commercial for 1 year? Which will be more attractive to an employer?

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  #2532 (permalink)  
Old 12-09-2021, 09:43 PM
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I currently just got promoted to S2 in EY audit. Hoping to work in Canada/Australia in 2023, and I'll most probably have to continue audit there first in order to gain their local experience.

Do you guys think I should grind one more year to become S3 (AM) or leave as S2 in early 2022 and join commercial for 1 year? Which will be more attractive to an employer?
Hmm my 2 cents would be to go for commercial now.

If you have 3 full years of working audit experience, that seems to be good enough.

A 4th year wouldn’t be noticeably more, unless you stuck around for a full 5 years.

5 years audit >= (3 years audit + 1 year commercial) > 4 years audit.

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  #2533 (permalink)  
Old 12-09-2021, 10:54 PM
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I currently just got promoted to S2 in EY audit. Hoping to work in Canada/Australia in 2023, and I'll most probably have to continue audit there first in order to gain their local experience.

Do you guys think I should grind one more year to become S3 (AM) or leave as S2 in early 2022 and join commercial for 1 year? Which will be more attractive to an employer?
U can jus jump to Aus anytime tbh.

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  #2534 (permalink)  
Old 12-09-2021, 10:56 PM
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2 years? I’m assuming you’re a S1 now? How much is the new increment
Dont wanna reveal too much but will just say that the S1 salary now for SaT is 5k+
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  #2535 (permalink)  
Old 13-09-2021, 09:31 AM
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let jus say for EY M salary for M is around 7 to high 7....
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  #2536 (permalink)  
Old 13-09-2021, 10:04 AM
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Looking at exit opportunities from yellow.
High salary cant solve the current brain drain and manpower issue.
1000000% agree.
My dept has been understaffed for 1 year already rofl.
Most of my peers finding job hoping to throw letter on 26 sept! But not working out for me
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  #2537 (permalink)  
Old 13-09-2021, 10:15 AM
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1000000% agree.
My dept has been understaffed for 1 year already rofl.
Most of my peers finding job hoping to throw letter on 26 sept! But not working out for me
I am planning to throw letter on 26th but manager and team members will be pissed off as team is already understaffed
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  #2538 (permalink)  
Old 13-09-2021, 01:32 PM
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I am planning to throw letter on 26th but manager and team members will be pissed off as team is already understaffed
LOL congrats
Your team can slog u for 1 month notice period
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  #2539 (permalink)  
Old 13-09-2021, 01:52 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.
Your dignity is so cheap that this level of salary is enough to win you over?
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  #2540 (permalink)  
Old 13-09-2021, 01:53 PM
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LOL congrats
Your team can slog u for 1 month notice period
Just don't give 2 hoots after you resign lah, unless you are hoping to rejoin the slave trade one day
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