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



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
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
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
3,453 Replies, 1,402,829 Views
DBS tech seed programme ( 1 2 3... Last Page)
1,122 Replies, 274,556 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
89 Replies, 73,431 Views
Lawyer Salary ( 1 2 3... Last Page)
14,394 Replies, 4,847,418 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,790 Replies, 4,422,920 Views
How is HTX Associate Programme... ( 1 2 3... Last Page)
35 Replies, 9,927 Views
Fresh grad programmer earning... ( 1 2 3... Last Page)
55 Replies, 14,925 Views
Working at Changi Business Park ( 1 2)
18 Replies, 7,323 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
825 Replies, 224,008 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,105 Replies, 553,854 Views
Perm job $2700 with 3 years...
3 Replies, 926 Views
Compare civil service salary ( 1 2 3... Last Page)
12,744 Replies, 7,501,277 Views
GovTech ( 1 2 3... Last Page)
516 Replies, 348,424 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
2,069 Replies, 569,188 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
250 Replies, 107,275 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,954 Replies, 1,816,300 Views
Can share your your car... ( 1 2 3... Last Page)
38 Replies, 15,047 Views
Anyone work in JPM/GS/Morgan... ( 1 2 3... Last Page)
70 Replies, 11,238 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,121 Replies, 1,332,367 Views
Unilever UFLP 2018 ( 1 2 3... Last Page)
82 Replies, 29,113 Views
UOB Management Associate Program ( 1 2 3... Last Page)
482 Replies, 290,026 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,210 Replies, 2,600,669 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,880 Replies, 630,632 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,296 Replies, 653,793 Views
Working in a bank ( 1 2 3... Last Page)
531 Replies, 344,300 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
577 Replies, 459,751 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,942 Replies, 1,466,182 Views
Mnc jobs - a must in life ?? ( 1 2 3... Last Page)
176 Replies, 69,568 Views
Grab Finance Graduate Programme... ( 1 2 3)
23 Replies, 2,450 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
519 Replies, 297,620 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:38 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2