Q: Big4 - Yearly salary increment - Page 283 - 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
  #2821 (permalink)  
Old 04-10-2021, 12:26 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You need to filter out by education level, I would suspect that the auditor pay would barely reach the median of degree-educated folks at the same age range
For that we can look at the Labour Force in Singapore 2020 report which addresses this:

s://stats.mom.gov.sg/iMAS_PdfLibrary/mrsd_2020LabourfForce.pdf
[Page 27, Chart 12]

The median salary of graduates of the local Autonomous Universities in the age range 25-29 in 2020 is $5,090 (including employer CPF).

Excluding employer CPF (17%), it is exactly $4,350. Taking the middle of the age range, the median 27 year-old graduate of Autonomous Universities in Singapore is earning exactly $4,350. That is only marginally above the pay of an auditor 2 years in (graduation age at 25), and below the pay of an auditor 3 years in (graduation age at 24).

And there are industry differences. From the breakdown by industry, the Finance industry has the highest median pay. Though this is not further broken down into age group for each industry. If you compare your accounting job (probably under "Professionals" rather than "Finance") with the Finance industry, it will certainly feel "barely reaching the median", but across the board, it is definitely at least comparable with the median for a local university graduate.

Reply With Quote
  #2822 (permalink)  
Old 04-10-2021, 09:58 AM
Unregistered
Guest
 
Posts: n/a
Default

Have a question for mid joiners (meaning you joined a new B4 as a senior either from a different B4 or mid tier)

Are such joiners offered the standard salary band that is thrown around this thread? Or does HR offer you based on last drawn and negotiation?

Reply With Quote
  #2823 (permalink)  
Old 04-10-2021, 10:31 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
For that we can look at the Labour Force in Singapore 2020 report which addresses this:

s://stats.mom.gov.sg/iMAS_PdfLibrary/mrsd_2020LabourfForce.pdf
[Page 27, Chart 12]

The median salary of graduates of the local Autonomous Universities in the age range 25-29 in 2020 is $5,090 (including employer CPF).

Excluding employer CPF (17%), it is exactly $4,350. Taking the middle of the age range, the median 27 year-old graduate of Autonomous Universities in Singapore is earning exactly $4,350. That is only marginally above the pay of an auditor 2 years in (graduation age at 25), and below the pay of an auditor 3 years in (graduation age at 24).

And there are industry differences. From the breakdown by industry, the Finance industry has the highest median pay. Though this is not further broken down into age group for each industry. If you compare your accounting job (probably under "Professionals" rather than "Finance") with the Finance industry, it will certainly feel "barely reaching the median", but across the board, it is definitely at least comparable with the median for a local university graduate.
What’s the takeaway of this analysis?

Reply With Quote
  #2824 (permalink)  
Old 04-10-2021, 10:35 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What’s the takeaway of this analysis?
He sour people say he earn below average lor
Reply With Quote
  #2825 (permalink)  
Old 04-10-2021, 12:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Have a question for mid joiners (meaning you joined a new B4 as a senior either from a different B4 or mid tier)

Are such joiners offered the standard salary band that is thrown around this thread? Or does HR offer you based on last drawn and negotiation?
Standard salary band.
Reply With Quote
  #2826 (permalink)  
Old 04-10-2021, 12:41 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
He sour people say he earn below average lor
He got baited hard by the troll.

Trolls try to say one short sentence to trigger you, and bait you into writing long paragraph to reply.

They thrive by using their one minute to waste your five minutes.
Reply With Quote

  #2827 (permalink)  
Old 04-10-2021, 03:51 PM
Unregistered
Guest
 
Posts: n/a
Default

Any1 knows how much s1 and s2 are paid across the big4 advisory? Would like to have some figures to compare
Reply With Quote
  #2828 (permalink)  
Old 04-10-2021, 06:52 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Any1 knows how much s1 and s2 are paid across the big4 advisory? Would like to have some figures to compare
you apply to all four companies and see which one select you first then you can have an accurate comparison.

what is the point if none select you in the first place
Reply With Quote
  #2829 (permalink)  
Old 04-10-2021, 07:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
you apply to all four companies and see which one select you first then you can have an accurate comparison.

what is the point if none select you in the first place

Dun choose green. They offer the worst.
Reply With Quote
  #2830 (permalink)  
Old 04-10-2021, 08:20 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
you apply to all four companies and see which one select you first then you can have an accurate comparison.

what is the point if none select you in the first place
Too much work. They just want to apply to the one with the highest pay.
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
Cybersecurity/Info security career ( 1 2 3... Last Page)
199 Replies, 51,388 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
666 Replies, 335,246 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
3,952 Replies, 1,514,528 Views
Lawyer Salary ( 1 2 3... Last Page)
14,893 Replies, 5,054,474 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,059 Replies, 775,686 Views
GovTech ( 1 2 3... Last Page)
729 Replies, 383,698 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,235 Replies, 1,534,442 Views
Changi Airport Group ( 1 2 3... Last Page)
419 Replies, 405,779 Views
Year end bonus for civil service ( 1 2 3... Last Page)
345 Replies, 71,596 Views
ST Electronics ( 1 2 3... Last Page)
2,409 Replies, 643,785 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
551 Replies, 320,739 Views
NUS (National University of... ( 1 2 3... Last Page)
144 Replies, 128,795 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,861 Replies, 4,482,214 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
844 Replies, 245,492 Views
Whats your net worth ( 1 2 3... Last Page)
2,870 Replies, 987,295 Views
Compare civil service salary ( 1 2 3... Last Page)
12,968 Replies, 7,660,842 Views
Owning a car in Singapore - the...
1 Replies, 891 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,541 Replies, 767,707 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,182 Replies, 586,566 Views
SIA AO grades ( 1 2 3)
26 Replies, 12,799 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
180 Replies, 56,108 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
2,808 Replies, 2,164,399 Views
Citibank Singapore ( 1 2 3... Last Page)
172 Replies, 115,189 Views
Standard Chartered International... ( 1 2 3... Last Page)
70 Replies, 78,408 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
932 Replies, 293,526 Views
Career at Keppel
4 Replies, 1,432 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
601 Replies, 477,194 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,930 Replies, 648,752 Views
IMDA (under MCI) ( 1 2 3... Last Page)
213 Replies, 81,705 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,061 Replies, 1,882,864 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:56 AM.


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