Q: Big4 - Yearly salary increment - Page 265 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Q: Big4 - Yearly salary increment

Reply
 
Thread Tools
  #2641 (permalink)  
Old 19-09-2021, 11:45 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
So what reason is there for choosing one of the other three besides KPMG if you are already a CA?
Any inputs from the senior associates here?

Reply With Quote
  #2642 (permalink)  
Old 20-09-2021, 07:22 AM
Unregistered
Guest
 
Posts: n/a
Default

Equity partner in big 4 earns how much

Reply With Quote
  #2643 (permalink)  
Old 20-09-2021, 11:27 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Any inputs from the senior associates here?
I don’t think there is any reason.

You would be just happy to get any big4 job when you grad
KP only pay 20% when you get CA, so the first few years don’t matter at all, but by the time you reach senior associate and get CA, you just want to quit already. No one care about jumping from a big4 audit to KP audit

And of course everything comes down to opportunity. Everyone wants to apply KP but KP won’t hire everyone.

Reply With Quote
  #2644 (permalink)  
Old 20-09-2021, 12:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I don’t think there is any reason.

You would be just happy to get any big4 job when you grad
KP only pay 20% when you get CA, so the first few years don’t matter at all, but by the time you reach senior associate and get CA, you just want to quit already. No one care about jumping from a big4 audit to KP audit

And of course everything comes down to opportunity. Everyone wants to apply KP but KP won’t hire everyone.
So given that
1) I am already a CA
2) I’m not part of the “want to quit already” group
3) I do care about jumping from a Big4 audit to KP audit if they are paying 20% more

You recommend I go over if I get the opportunity to do so?
Reply With Quote
  #2645 (permalink)  
Old 20-09-2021, 01:19 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
So given that
1) I am already a CA
2) I’m not part of the “want to quit already” group
3) I do care about jumping from a Big4 audit to KP audit if they are paying 20% more

You recommend I go over if I get the opportunity to do so?
Yeah why not?
My friend in KP audit draws higher salary than my other audit friends, and the **** you get in audit is the same in any big4 lol
Reply With Quote
  #2646 (permalink)  
Old 20-09-2021, 10:44 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Can someone explain to me this concept of singapore equity partner in the big 4?
Are u paid a salary/bonuses?
Uhh company law was never my best subject but let me try.

Big4 are structured as Limited Liability Partnership instead of Companies.

So instead of shareholders, they have Partners.

Equity partners aren’t just employees, they literally own a share of the business. Except instead of “shares” like companies, it’s structured like a stake which is determined by their partner ship agreement. So the senior partners would likely have a larger stake. And you can’t freely buy/sell this stake like shares - its all based on the agreement with the partnership.

They draw a monthly salary, but beyond that they get PROFIT SHARING which is the big bucks. It ties in directly with the firms performance and their contributions.

The range between junior and senior partner is huge - you can Google “big 4 partner salary” to get a rough idea.
Reply With Quote

  #2647 (permalink)  
Old 20-09-2021, 10:47 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Equity partner in big 4 earns how much
I’m sure you can Google but I’ll save you some effort

s://big4accountingfirms.com/big-4-partner-salary/

I’m not going to help you with the currency conversion. Do that yourself.
Reply With Quote
  #2648 (permalink)  
Old 21-09-2021, 07:11 PM
Unregistered
Guest
 
Posts: n/a
Default

What happens if the whole audit team resigns except for the manager and partner? I am sick of the endless workload, unreasonable deadlines and the miserable colleagues who have anxiety and OCD problems. Can I just throw letter and ignore my work?
Reply With Quote
  #2649 (permalink)  
Old 21-09-2021, 07:29 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What happens if the whole audit team resigns except for the manager and partner? I am sick of the endless workload, unreasonable deadlines and the miserable colleagues who have anxiety and OCD problems. Can I just throw letter and ignore my work?
I understand that most audit firms have a one month notice period, for the firm to find replacement and for you to handover your work.

The manager should have an adequate overview of the status and progress of the engagement to facilitate this handover.

You cannot ignore work during your notice period unless you are prepared to seriously burn bridges.
Reply With Quote
  #2650 (permalink)  
Old 21-09-2021, 08:55 PM
Unregistered
Guest
 
Posts: n/a
Default

How much is needed to buy in a stake in partnership roughly

I saw on linkedin partners around 38 years old .
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Salary Increment to be 5.2% Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Yearly increment Button Income and Jobs 29 06-01-2018 09:43 PM
Annual Increment for Civil Service 2011 bswuming87 Income and Jobs 4 10-04-2011 09:19 PM
Annual Increment 1nch3r Income and Jobs 0 12-11-2010 12:36 AM
Can your Increment beat Inflation? Salary.sg Investments and Net Worth 9 24-04-2008 03:37 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
18,448 Replies, 7,585,686 Views
Career as Teacher ( 1 2 3... Last Page)
6,658 Replies, 4,227,175 Views
Anyone work in JPM/GS/Morgan... ( 1 2 3... Last Page)
294 Replies, 74,140 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,816 Replies, 2,680,513 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
268 Replies, 174,727 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
169 Replies, 212,191 Views
Compare civil service salary ( 1 2 3... Last Page)
14,970 Replies, 9,989,124 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,050 Replies, 734,506 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,779 Replies, 3,465,622 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
639 Replies, 267,890 Views
Roles in accenture singapore ( 1 2 3... Last Page)
5,597 Replies, 1,310,497 Views
Pay for digital marketing agencies ( 1 2)
13 Replies, 9,829 Views
Micron starting pay ( 1 2 3... Last Page)
630 Replies, 247,154 Views
Standard Chartered International... ( 1 2 3... Last Page)
362 Replies, 163,432 Views
Bnp paribas graduate ( 1 2 3... Last Page)
202 Replies, 122,131 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,718 Replies, 991,440 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,250 Replies, 3,323,112 Views
GovTech ( 1 2 3... Last Page)
3,460 Replies, 1,121,617 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,098 Replies, 761,933 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
9,723 Replies, 3,173,623 Views
Work culture in IHiS ( 1 2 3... Last Page)
378 Replies, 285,766 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
1,093 Replies, 452,798 Views
Singtel Management Associate... ( 1 2 3... Last Page)
1,144 Replies, 364,464 Views
Constituency Manager (People... ( 1 2 3... Last Page)
926 Replies, 632,054 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,174 Replies, 480,806 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,756 Replies, 2,323,988 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,302 Replies, 635,267 Views
HSBC Graduate Programme 2021 ( 1 2 3... Last Page)
113 Replies, 64,531 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
847 Replies, 245,137 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
2,039 Replies, 846,739 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:10 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2