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-   -   Q: Big4 - Yearly salary increment (https://forums.salary.sg/income-jobs/1506-q-big4-yearly-salary-increment.html)

Unregistered 21-11-2021 05:11 PM

Does a typical SM3 maybe 160 k?

Is there any rank above SM3

Unregistered 21-11-2021 08:50 PM

Sg is all equity partners

Unregistered 21-11-2021 10:34 PM

won't there be a buy-in period of a couple of years where they haven't get equity and earn fixed salary?

or don't have

Unregistered 22-11-2021 10:28 AM

Quote:

Originally Posted by Unregistered (Post 190886)
won't there be a buy-in period of a couple of years where they haven't get equity and earn fixed salary?

or don't have

Don't know why people bother ask when most of you guys will leave at senior level

Unregistered 22-11-2021 11:29 AM

Doesnt matter if we’re not in big 4 or left
Its just interesting to know if all partners are equity holders
Its about knowing what higher ups are getting in the auditing community plus maybe theres always this mystery about them , thats why people ask . I dont think they ask simple because they want to be a partner . Its more of curiosity

If u cant ans dont pass snark remarks and assume you know it all.

So if anyone here is able to answer:
Are the new upcoming partners mainly equity partners in big 4?
If no, which firm isit that no longer offers equity partnerS

Unregistered 22-11-2021 12:48 PM

Anyone can advise how much is Deloitte offering for audit - A1?
I know all other big 4 has revised but didnt hear anything on them.

Unregistered 22-11-2021 12:54 PM

Quote:

Originally Posted by Unregistered (Post 190933)
Doesnt matter if we’re not in big 4 or left
Its just interesting to know if all partners are equity holders
Its about knowing what higher ups are getting in the auditing community plus maybe theres always this mystery about them , thats why people ask . I dont think they ask simple because they want to be a partner . Its more of curiosity

If u cant ans dont pass snark remarks and assume you know it all.

So if anyone here is able to answer:
Are the new upcoming partners mainly equity partners in big 4?
If no, which firm isit that no longer offers equity partnerS

To my knowledge, there is no such thing in Singapore context. Most likely someone read about salaried partners on Reddit or overseas forum and mistakenly thought it applies to Singapore as well.

Unregistered 22-11-2021 01:06 PM

interesting

means day 1 partners are all equity partners?

what about junior partners?

No buy in period?

Unregistered 22-11-2021 01:19 PM

Quote:

Originally Posted by Unregistered (Post 190946)
interesting

means day 1 partners are all equity partners?

what about junior partners?

No buy in period?

Buy-in refers to the lump sum you have to pay the partnership when you join them. It’s not a “period” but a monetary sum. Some new partners do not have that kind of cash upfront, so they take a loan from other partners / take a private loan.

Most of their profit sharing from the first few years will go towards repaying this loan.

Unregistered 22-11-2021 01:33 PM

Quote:

Originally Posted by Unregistered (Post 190947)
Buy-in refers to the lump sum you have to pay the partnership when you join them. It’s not a “period” but a monetary sum. Some new partners do not have that kind of cash upfront, so they take a loan from other partners / take a private loan.

Most of their profit sharing from the first few years will go towards repaying this loan.

Curious much does it cost


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