Quote:
singaporeans are an entitled bunch of people. in most countries, pay is given as an annual package. most MNCs follow that route. your 13months package is outdated. |
Quote:
Lets put it in another way, if a company has a annual budget of 60000 per person, and yes, salary are usually budgeted P.A., then I would give someone a monthly salary of 5000. Now, if I have to give AWS, then would I still give 5000? Obviously not, I will divide it by 13 and give you 4615 instead. or... is this too complex for you |
Quote:
a 12 month's package is clearly superior - in case i want to leave. then again, that guy must probably so low in demand that he cant leave, so having a 13th month pay makes him feel happy. what do i know? i only know i drive a Z4 roadster. |
Quote:
|
Big4 is such a joke in Singapore. They are really out to fleece fresh graduates.
Let me break this down for consulting starting pay: MBB - 6k per month and above ATK/RB/OW - 5k per month and above Most boutique firms - 5k per month and above ACN/IBM - 4k per month and above Deloitte S&O - 3.5k per month Big4 - Sub 3k Apart from ACN/IBM who mostly go for big fat tech projects, here are the breakdowns of the fees these firms collect for a 4 week project in terms of USD MBB - Easily more than 500k ATK/RB/OW - About 400k Most boutique firms - 100k to 400k depending on expertise Deloitte S&O - About 350k to 500k, sometimes they match MBB Big4 - 250k and above Here is the career pay scale for a big4 employee: A1 - 2850 A2 - 3350 S1 - 4350 S2 - 4850 S3/AM - 5350 Even after 5 years, you're barely at the starting pay of other consulting analysts yet your rate card is probably higher. No wonder the turnover is so high. The HR at Big4 are really big time failures and that is also why, majority of your Big4 employees are not the cream of the crop and that's why their standard will always be at the lower band of tier 2. |
Quote:
To the joker saying after 10 years a high performer can reach 15k+ and 9-10 months bonus, you must be dreaming. At 10 years even a high performer would be at a director level which is about 10-12k. Tau chio like siao if you can get 5 months bonus. |
Wow, big 4 looks horrible, consulting included.
I heard EY consultants get paid about $2.8k. That's insanely low. |
Quote:
|
The 2.8k pay is blanket across the board.
PwC - 2850 not sure if it comes with signing bonus Deloitte - 2850 with 2000 signing bonus KPMG - 2900 iirc, 3500 for first class EY - 2850 Don't be fooled by the Strategy& or Parthenon acquisitions. It's solely from a branding perspective. PwC and EY now sell their strategy work under S& and Parthenon-EY. Due to the partnership model and the nature of the M&A, mostly only major markets like US/UK/JP are affected and monetary benefits goes to the acquired. But if you do a quick LinkedIn search, the calibre at the strategy side are pretty decent, many MBBs so it still remains to be seen if they will become a force within the next few years. |
Quote:
Director salaries are above the 10-12k range. This is more like a Senior Manager/ Associate director salary range. Directors should be 13-16k. Would like to hear of other Big 4 experiences on salary. |
All times are GMT +8. The time now is 03:31 PM. |
Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2