Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

Agreed. EY has one of the worst welfare compared to other B4. Even with the increment that was above and beyond the market rate, there’s a mass resignation now lol. Happy to leave this place after 4 years

I heard people there are concurrently following up on 3 to 4 jobs. Do 1 engagement already want to die still need to handle 3-4 jobs.

What the hell is wrong with EY? Then they pretend to be shocked when people suddenly quit.

They think throwing money can solve the mass resignation problem but ey s1/s2 salary is only $100 more than the rest

Don't even mention about the training or guidance. There is no training or guidance at all. Manager will just throw you tons of things to do and ask you random questions even though you are new to the engagement. Sometimes the manager is even unsure of certain stuff. Hello, you are paid $10k to understand the biz and guide the team. You expect senior or staff earning $3-4k to guide you?

Originally Posted by Unregistered

I heard people there are concurrently following up on 3 to 4 jobs. Do 1 engagement already want to die still need to handle 3-4 jobs.

What the hell is wrong with EY? Then they pretend to be shocked when people suddenly quit.

They think throwing money can solve the mass resignation problem but ey s1/s2 salary is only $100 more than the rest

Don't even mention about the training or guidance. There is no training or guidance at all. Manager will just throw you tons of things to do and ask you random questions even though you are new to the engagement. Sometimes the manager is even unsure of certain stuff. Hello, you are paid $10k to understand the biz and guide the team. You expect senior or staff earning $3-4k to guide you?

that's why work culture is important, you cant go for s1 job scope without mastering your a1 work yet! but seems like its the opposite for some firm hmm not to mention since its already widely known

Originally Posted by Unregistered

I heard people there are concurrently following up on 3 to 4 jobs. Do 1 engagement already want to die still need to handle 3-4 jobs.

What the hell is wrong with EY? Then they pretend to be shocked when people suddenly quit.

They think throwing money can solve the mass resignation problem but ey s1/s2 salary is only $100 more than the rest

Don't even mention about the training or guidance. There is no training or guidance at all. Manager will just throw you tons of things to do and ask you random questions even though you are new to the engagement. Sometimes the manager is even unsure of certain stuff. Hello, you are paid $10k to understand the biz and guide the team. You expect senior or staff earning $3-4k to guide you?

definitely agree on this

Originally Posted by Unregistered

Pwc has good culture

PwC appears to have a good culture.

You know a firm is gone and toxic when they keep hiring new managers and seniors. The new managers and seniors are new to all engagements and have no idea how to plan them. They will delegate the jobs downwards and the y1/y2 associates are expected to know seniors and above job scopes. Being new associates, they obviously have no idea how to do and start to quit... while the seniors and managers continue to get promoted and smoke their ways through

Originally Posted by Unregistered

PwC appears to have a good culture.

You said it. “Appears”. The truth is that post-covid all firms are facing even greater attrition rate than before. Of course the worst gets worse and the best deteriorates. What’s good is bad now tbh

Originally Posted by Unregistered

You know a firm is gone and toxic when they keep hiring new managers and seniors. The new managers and seniors are new to all engagements and have no idea how to plan them. They will delegate the jobs downwards and the y1/y2 associates are expected to know seniors and above job scopes. Being new associates, they obviously have no idea how to do and start to quit... while the seniors and managers continue to get promoted and smoke their ways through

You know a firm is gone case when they only have 1 A1 and 1 A2 handling a million dollar audit fee MNC client because all the seniors have left and they are unable to hire new seniors. Senior managers, managers and seniors are leaving in droves despite the pay hike and work from home.

Originally Posted by Unregistered

Is CA a must to go outside and say be a financial analyst? Or FP&A?

Depends on your goal. Some Finance Manager roles require at least a CA.

I just shut down my computer.

It Friday night…

Oh… Saturday already…