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

Unregistered 29-03-2024 03:55 PM

Quote:

Originally Posted by Unregistered (Post 272949)
Be a better boss. If you cant offer them good WLB and pay, someone else will

Managers can’t offer them pay - we aren’t even happy with our own pay.

As for WLB.. it’s hard. You can only play the hand you’re dealt.

Have you met a manager who tell his people to go home and he finish all the work himself?

Unregistered 29-03-2024 04:02 PM

Quote:

Originally Posted by Unregistered (Post 272938)
Around $3.6k for first year across all big 4.
Yellow usually pays $3.5k but if you interned before $3.6k

For blue with SCAQ, the bump is around senior 2 year. not very significant, around $300 more than the same rank in other Big 4 firms.

I think KP raised the salary to $3.8k for Associate 1 recently to attract new grads

Unregistered 29-03-2024 04:19 PM

Quote:

Originally Posted by Unregistered (Post 272965)
I think KP raised the salary to $3.8k for Associate 1 recently to attract new grads

Really? I got offered in Nov 2023 for Audit in Sep 2024 but it was $3.6k.. got low-balled /:

Unregistered 29-03-2024 05:50 PM

Quote:

Originally Posted by Unregistered (Post 272941)
The promotion rate is around 75% for those who stayed for promotion. Well, you trade time and health for the experience. I believe all Big 4 firms are the same, maybe one or two have slightly better welfare. For Yellow, if you're looking for a selling point, it's the opportunity to work above your pay grade and gain more exposure. Lol

Hahaha had a good laugh at your description of yellow. But yes to clarify the 90% doesn’t mean you’re not promoted/progressing. It means you’ll burn out and quit before that.

Unregistered 29-03-2024 06:53 PM

Quote:

Originally Posted by Unregistered (Post 272977)
Hahaha had a good laugh at your description of yellow. But yes to clarify the 90% doesn’t mean you’re not promoted/progressing. It means you’ll burn out and quit before that.

Seriously burning out already, can the firm please hire more and add headcount to the teams?

Unregistered 29-03-2024 07:03 PM

Quote:

Originally Posted by Unregistered (Post 272981)
Seriously burning out already, can the firm please hire more and add headcount to the teams?

You tell me got what use?

Feedback to your manager la.

Unregistered 29-03-2024 08:07 PM

Blue A1 is still 3.6k though. 3.8k is for A2. Orange A1 is 3.6k without bonus, hence not a good deal if you know you don't like audit and just need a job to tide over for 1 year.
At S1 onwards, Blue is 200 lower than every other firm. This is only which is covered by the 10% allowance once you have SCAQ which you can only get from S2 onwards but the culture is so bad you'd be gone by then.
Personally, I find Orange has a better environment but then again, I was at the worst department in Blue so might be just me. Blue is pretty much 99% JHK at manager and above levels and it shows in the culture. At least in Orange I can speak English in the office.

Unregistered 29-03-2024 08:31 PM

3.6k no bonus is basically 3.3k with 1 month bonus or 3.1k with 2 months bonus or $2,880 with 3 months bonus.

I would totally understand if no 2nd upper student should consider this.

Unregistered 29-03-2024 09:01 PM

As an audit manager, I really don't want the resignation of seniors and juniors affect my career progression.

Can seniors and juniors stop resigning?

I know this sounds selfish but please
don't affect my career progression because you cannot handle stress

Unregistered 29-03-2024 09:44 PM

Quote:

Originally Posted by Unregistered (Post 272990)
Blue A1 is still 3.6k though. 3.8k is for A2. Orange A1 is 3.6k without bonus, hence not a good deal if you know you don't like audit and just need a job to tide over for 1 year.
At S1 onwards, Blue is 200 lower than every other firm. This is only which is covered by the 10% allowance once you have SCAQ which you can only get from S2 onwards but the culture is so bad you'd be gone by then.
Personally, I find Orange has a better environment but then again, I was at the worst department in Blue so might be just me. Blue is pretty much 99% JHK at manager and above levels and it shows in the culture. At least in Orange I can speak English in the office.

No, bruh. S1 is $4.8k for blue, yellow, and orange. Verified from peers currently working at B4.

Unregistered 29-03-2024 09:55 PM

Quote:

Originally Posted by Unregistered (Post 272997)
No, bruh. S1 is $4.8k for blue, yellow, and orange. Verified from peers currently working at B4.

How did you verify? Inquiry or inspection of their payslip?

Unregistered 29-03-2024 09:57 PM

Quote:

Originally Posted by Unregistered (Post 272993)
As an audit manager, I really don't want the resignation of seniors and juniors affect my career progression.

Can seniors and juniors stop resigning?

I know this sounds selfish but please
don't affect my career progression because you cannot handle stress

How would they affect your progression? Dont be a strawberry. If engagement is small, you can just clear yourself and ask an intern to sign off as preparer. For big engagements, there will always be staff. If you cant handle this, it just mean you are not SM material.

Unregistered 29-03-2024 11:21 PM

Quote:

Originally Posted by Unregistered (Post 273003)
How would they affect your progression? Dont be a strawberry. If engagement is small, you can just clear yourself and ask an intern to sign off as preparer. For big engagements, there will always be staff. If you cant handle this, it just mean you are not SM material.

That guy fake. Now they just dump u 2 interns go do field worl. Gt jr and snr is god sent alrdy loll

Unregistered 29-03-2024 11:32 PM

Quote:

Originally Posted by Unregistered (Post 272990)
Blue A1 is still 3.6k though. 3.8k is for A2. Orange A1 is 3.6k without bonus, hence not a good deal if you know you don't like audit and just need a job to tide over for 1 year.
At S1 onwards, Blue is 200 lower than every other firm. This is only which is covered by the 10% allowance once you have SCAQ which you can only get from S2 onwards but the culture is so bad you'd be gone by then.
Personally, I find Orange has a better environment but then again, I was at the worst department in Blue so might be just me. Blue is pretty much 99% JHK at manager and above levels and it shows in the culture. At least in Orange I can speak English in the office.

The awkard moment when M is not ca sg lol,
all cha pa lang cert. Funnier moment is when isca still visit firms to do hard selling. Now even go sec school. Knn want ruin my kids future

Unregistered 29-03-2024 11:42 PM

Quote:

Originally Posted by Unregistered (Post 272990)
Blue A1 is still 3.6k though. 3.8k is for A2. Orange A1 is 3.6k without bonus, hence not a good deal if you know you don't like audit and just need a job to tide over for 1 year.
At S1 onwards, Blue is 200 lower than every other firm. This is only which is covered by the 10% allowance once you have SCAQ which you can only get from S2 onwards but the culture is so bad you'd be gone by then.
Personally, I find Orange has a better environment but then again, I was at the worst department in Blue so might be just me. Blue is pretty much 99% JHK at manager and above levels and it shows in the culture. At least in Orange I can speak English in the office.


What specifically about Orange's environment do you find better? I.e Work life balance, guidance, compensation package (from a1 onwards), more locals.

Unregistered 29-03-2024 11:58 PM

Quote:

Originally Posted by Unregistered (Post 273018)
The awkard moment when M is not ca sg lol,
all cha pa lang cert. Funnier moment is when isca still visit firms to do hard selling. Now even go sec school. Knn want ruin my kids future

I think most of them have ACCA certification. I'm not sure if ISCA will sign the MRA/RMA with ACCA. If they do, then they can also qualify for Ca sg.

Unregistered 30-03-2024 12:07 AM

Quote:

Originally Posted by Unregistered (Post 273021)
I think most of them have ACCA certification. I'm not sure if ISCA will sign the MRA/RMA with ACCA. If they do, then they can also qualify for Ca sg.

Acca is low grade. In uk nz the have icaew,, canz etc etc

Unregistered 30-03-2024 12:15 AM

HkICPA also signed MRA with ACCA

ICAEW signed RMA with ACCA

Unregistered 30-03-2024 01:19 AM

Quote:

Originally Posted by Unregistered (Post 273024)
HkICPA also signed MRA with ACCA

ICAEW signed RMA with ACCA

Nope, u live on moon

Unregistered 30-03-2024 01:23 AM

Quote:

Originally Posted by Unregistered (Post 273024)
HkICPA also signed MRA with ACCA

ICAEW signed RMA with ACCA

Clown spotted, acca not even degree calibre. U go icaew need do 6 papaers LOL.

Unregistered 30-03-2024 08:31 AM

Quote:

Originally Posted by Unregistered (Post 273026)
Nope, u live on moon

5 years ACCA FCCA can join ICAEW

HKICPA allow ACCA join HKICPA but must take 4 hours capstone exam

Unregistered 30-03-2024 08:33 AM

Quote:

Originally Posted by Unregistered (Post 273028)
Clown spotted, acca not even degree calibre. U go icaew need do 6 papaers LOL.

5 years ACCA FCCA can join ICAEW

Go check ICAEW website before calling people clown

HKICPA allow ACCA join HKICPA but must take 4 hours capstone exam

Unregistered 30-03-2024 08:55 AM

Quote:

Originally Posted by Unregistered (Post 273035)
5 years ACCA FCCA can join ICAEW

Go check ICAEW website before calling people clown

HKICPA allow ACCA join HKICPA but must take 4 hours capstone exam

Pls lo, there is smth call audit qualification and practicing cert.

Unregistered 30-03-2024 09:21 AM

Quote:

Originally Posted by Unregistered (Post 273035)
5 years ACCA FCCA can join ICAEW

Go check ICAEW website before calling people clown

HKICPA allow ACCA join HKICPA but must take 4 hours capstone exam

Bro there is pathway route and thats is the short cut way and is not a full qualification. As good as useless. Lol. Not consider full qualification. U need to understand more.. dont ruin ur own future.. self pwn.

Unregistered 30-03-2024 09:38 AM

Quote:

Originally Posted by Unregistered (Post 273018)
The awkard moment when M is not ca sg lol,
all cha pa lang cert. Funnier moment is when isca still visit firms to do hard selling. Now even go sec school. Knn want ruin my kids future

Most Ms are CA SG via grandfather transition arrangement

They didn’t take the same rigorous papers the young ones taking

Unregistered 30-03-2024 09:44 AM

Quote:

Originally Posted by Unregistered (Post 273035)
5 years ACCA FCCA can join ICAEW

Go check ICAEW website before calling people clown

HKICPA allow ACCA join HKICPA but must take 4 hours capstone exam

Great demostration of current state of audit, dunno wad they doing or saying. The short cut path is useless.

Unregistered 30-03-2024 10:13 AM

Quote:

Originally Posted by Unregistered (Post 273018)
The awkard moment when M is not ca sg lol,
all cha pa lang cert. Funnier moment is when isca still visit firms to do hard selling. Now even go sec school. Knn want ruin my kids future

The thing is ACC used to be prestigious and the CA cert is the crown jewel of the profession. Literally the best of the best.

Now that the entire ACC major is no longer attractive, the crown of an unfavoured course loses its shine as well. People rather be a second lower in CS than a CA in ACC.

Unregistered 30-03-2024 10:31 AM

Quote:

Originally Posted by Unregistered (Post 273043)
The thing is ACC used to be prestigious and the CA cert is the crown jewel of the profession. Literally the best of the best.

Now that the entire ACC major is no longer attractive, the crown of an unfavoured course loses its shine as well. People rather be a second lower in CS than a CA in ACC.

Dead job for developing countries.

Unregistered 30-03-2024 10:41 AM

Quote:

Originally Posted by Unregistered (Post 273039)
Bro there is pathway route and thats is the short cut way and is not a full qualification. As good as useless. Lol. Not consider full qualification. U need to understand more.. dont ruin ur own future.. self pwn.

Bro what I mean is the same as CPA Australia

ISCA has already signed MRA with CPA Australia

ISCA will soon sign MRA with ACCA

If better, ISCA sign an RMA with ACCA that would be the best scenario

Let's look at the history:

.isca.org.sg/about-us/about-the-institute-of-singapore-chartered-accountants/our-history

2004: Mutual Recognition Agreement with CPA Australia
The Mutual Recognition Agreement (MRA) between ICPAS and CPA Australia was signed in 2004, offering ICPAS Professional Examinations graduates access to foreign membership.


2005: Mutual Recognition Agreement with the Association of Chartered Certified Accountants
Second MRA with Association of Chartered Certified Accountants (ACCA) signed.


Let's look at Hong Kong:

.hkicpa.org.hk/en/Tools/FAQ/Membership/Membership-of-overseas-bodies/ACCA


What are the criteria for ACCA members to become HKICPA members under the new MRA?


3. pass the Capstone of the new QP or Final Examination (FE)1 in previous syllabus of the QP;

Unregistered 30-03-2024 10:43 AM

Please lah

You think this audit job only NTU, NUS,SMU graduates can do meh

I see big4 now all got JHK, ACCA, UTAR, UM

I see EY got quite a few seniors and manager transfer from KL lor

Unregistered 30-03-2024 10:47 AM

Quote:

Originally Posted by Unregistered (Post 273036)
Pls lo, there is smth call audit qualification and practicing cert.

What you talking about audit qualification and practicing?


What's wrong with my statement "5 years ACCA FCCA can join ICAEW" ?

I am talking about joining ICAEW as a FCCA ACCA member

s://.icaew.com/membership/becoming-a-member/members-of-other-bodies/campaigns/pathways-to-membership/are-you-eligible

Five years of full membership
You must have at least five years of full membership (completed in full by the relevant submission deadline) of that professional body as a fully-qualified member.

Any time you spent as a student or part-qualified member cannot be counted towards the five year requirement as you would not have been fully qualified during that time.

Unregistered 30-03-2024 10:50 AM

Quote:

Originally Posted by Unregistered (Post 273041)
Great demostration of current state of audit, dunno wad they doing or saying. The short cut path is useless.

Please lah

You think this audit job only NTU, NUS,SMU graduates can do meh

I see big4 now all got JHK, ACCA, UTAR, UM

I see EY got quite a few seniors and manager transfer from KL lor

Please lo

NTU, NUS, SMU young graduates now finding, flipping, searching then vouching an invoice is super boring lor

Smart can join gov like AGO

Also young graduates find the pay like $4K too low

Unregistered 30-03-2024 10:52 AM

Why audit partners in their age 40s and 50s now very afraid to go do fieldwork like searching for invoice and vouching invoice?

Tell me why are they so afraid?

Too weak? Too old? No energy?

Have too many family commitments? Need to take care of elderly parents and young children?

Unregistered 30-03-2024 10:54 AM

LMAO LOL

Big4 better offer higher paycheck for young graduates

If not, we will see uncles and aunties in their 40s and 50s doing vouching fieldwork during peak period

Unregistered 30-03-2024 11:21 AM

Quote:

Originally Posted by Unregistered (Post 273043)
The thing is ACC used to be prestigious and the CA cert is the crown jewel of the profession. Literally the best of the best.

Now that the entire ACC major is no longer attractive, the crown of an unfavoured course loses its shine as well. People rather be a second lower in CS than a CA in ACC.

The entire premise is flawed and needs to be reworked.

This is one of the handful of fields which require additional study after graduation. (Strike One)

It is also well known the hours are long, and toxic people are trying to disguise 3am as 'normal' when no where else in the world expects such commitment levels. (Strike Two)

And the starting salaries as published by the university graduate employment surveys shows accounting as one of the bottom 5 for NTU. (Strike Three - OUT)

Unregistered 30-03-2024 11:23 AM

Quote:

Originally Posted by Unregistered (Post 273051)
LMAO LOL

Big4 better offer higher paycheck for young graduates

If not, we will see uncles and aunties in their 40s and 50s doing vouching fieldwork during peak period

They already revised paychecks in the last 2 years, but it's not enough.

No, working to 3am is something your body can only take in your 20s and maybe early 30s.

You can't be doing that to your 40s and 50s.

Unregistered 30-03-2024 11:24 AM

Quote:

Originally Posted by Unregistered (Post 273050)
Why audit partners in their age 40s and 50s now very afraid to go do fieldwork like searching for invoice and vouching invoice?

Tell me why are they so afraid?

Too weak? Too old? No energy?

Have too many family commitments? Need to take care of elderly parents and young children?

This post is just nonsense.

Unregistered 30-03-2024 11:33 AM

Quote:

Originally Posted by Unregistered (Post 273056)
This post is just nonsense.

Nosense? Then better pay more money to graduates to do vouching work.

Unregistered 30-03-2024 11:33 AM

Quote:

Originally Posted by Unregistered (Post 273048)
What you talking about audit qualification and practicing?


What's wrong with my statement "5 years ACCA FCCA can join ICAEW" ?

I am talking about joining ICAEW as a FCCA ACCA member

s://.icaew.com/membership/becoming-a-member/members-of-other-bodies/campaigns/pathways-to-membership/are-you-eligible

Five years of full membership
You must have at least five years of full membership (completed in full by the relevant submission deadline) of that professional body as a fully-qualified member.

Any time you spent as a student or part-qualified member cannot be counted towards the five year requirement as you would not have been fully qualified during that time.

If u take non standard path from acca to icaew u cant rma ur way to ca sg....

Unregistered 30-03-2024 11:36 AM

Quote:

Originally Posted by Unregistered (Post 273051)
LMAO LOL

Big4 better offer higher paycheck for young graduates

If not, we will see uncles and aunties in their 40s and 50s doing vouching fieldwork during peak period

Correction. Young LOCAL fresh grad.. big 3. welcome..


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