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

Throw letter before Christmas and leave during peak.I am sure everyone will hate me but who cares. Big 4 will continue to have severe turnover if they keep asking staff,senior to tank 2 to 3 person workload

Turnover is not a new problem.

I’m not sure it even qualifies as a “problem” since it’s recurring every year and they have always dealt with it. It’s just… part and parcel of the firm operations.

Unregistered

13-10-2021 01:25 PM

I think b4 attrition has reached a new high post Covid. Seems really bad now.

Unregistered

13-10-2021 01:58 PM

Quote:

Originally Posted by Unregistered (Post 186068)

Does anybody know the corporate finance salary for associates to senior associates across the big4?

Last I heard:

Associate
Orange - 4.5
Blue - 3.2 (fch), 3.1 (sec upper)
Green - 3
Yellow - 3.5/3.8

Not too sure about SA

Unregistered

13-10-2021 02:56 PM

Quote:

Originally Posted by Unregistered (Post 186068)

Does anybody know the corporate finance salary for associates to senior associates across the big4?

very low

Like lower than fresh tech grads

On top of that u work like a dog

Big 4 more like slave 4

Unregistered

13-10-2021 03:03 PM

Quote:

Originally Posted by Unregistered (Post 186090)

Last I heard:

Associate
Orange - 4.5
Blue - 3.2 (fch), 3.1 (sec upper)
Green - 3
Yellow - 3.5/3.8

Not too sure about SA

Man that's pretty bad for MM I-banking. Hopefully the salary mentioned here is pre-revision.

Unregistered

13-10-2021 03:10 PM

Quote:

Originally Posted by Unregistered (Post 186102)

Man that's pretty bad for MM I-banking. Hopefully the salary mentioned here is pre-revision.

Agreed, however I heard the local banks don't pay too well either..

Unregistered

13-10-2021 04:46 PM

Quote:

Originally Posted by Unregistered (Post 186103)

Agreed, however I heard the local banks don't pay too well either..

Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k

Unregistered

13-10-2021 04:59 PM

Quote:

Originally Posted by Unregistered (Post 186112)

Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k

More like 5k? Even MA program don't reach 6k in 3 years!

Unregistered

13-10-2021 05:44 PM

Quote:

Originally Posted by Unregistered (Post 186112)

Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k

Which local bank is that?

Unregistered

13-10-2021 05:58 PM

Quote:

Originally Posted by Unregistered (Post 186112)

Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k

May be true but:
1) Big 4s have revised their audit pay scheme. 3rd year is closer to 5k now
2) Seniors can easily exit with a 20% pay increment with their qualification
3) Higher potential to earn more in the long-term (e.g. CFO, deal advisory)

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