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Q: Big4 - Yearly salary increment

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  #2961 (permalink)  
Old 13-10-2021, 01:23 PM
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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.

Iím not sure it even qualifies as a ďproblemĒ since itís recurring every year and they have always dealt with it. Itís justÖ part and parcel of the firm operations.

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  #2962 (permalink)  
Old 13-10-2021, 01:25 PM
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I think b4 attrition has reached a new high post Covid. Seems really bad now.

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  #2963 (permalink)  
Old 13-10-2021, 01:58 PM
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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

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  #2964 (permalink)  
Old 13-10-2021, 02:56 PM
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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
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  #2965 (permalink)  
Old 13-10-2021, 03:03 PM
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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.
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  #2966 (permalink)  
Old 13-10-2021, 03:10 PM
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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..
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  #2967 (permalink)  
Old 13-10-2021, 04:46 PM
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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
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  #2968 (permalink)  
Old 13-10-2021, 04:59 PM
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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!
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  #2969 (permalink)  
Old 13-10-2021, 05:44 PM
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Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k
Which local bank is that?
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  #2970 (permalink)  
Old 13-10-2021, 05:58 PM
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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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