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13-10-2021, 01:23 PM
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Quote:
Originally Posted by Unregistered
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
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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.
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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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13-10-2021, 01:58 PM
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Quote:
Originally Posted by Unregistered
Does anybody know the corporate finance salary for associates to senior associates across the big4?
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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
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13-10-2021, 02:56 PM
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Quote:
Originally Posted by Unregistered
Does anybody know the corporate finance salary for associates to senior associates across the big4?
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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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13-10-2021, 04:46 PM
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Quote:
Originally Posted by Unregistered
Agreed, however I heard the local banks don't pay too well either..
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Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k
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13-10-2021, 04:59 PM
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Quote:
Originally Posted by Unregistered
Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k
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More like 5k? Even MA program don't reach 6k in 3 years!
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13-10-2021, 05:44 PM
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Quote:
Originally Posted by Unregistered
Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k
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Which local bank is that?
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13-10-2021, 05:58 PM
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Quote:
Originally Posted by Unregistered
Local bank MO starting 3.8, 3yr reach near 6k already
Big4 3rd yr only 4k
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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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