Is it very difficult to climb up to audit manager and audit partner position in big4?

Alot of assistant audit manager left big4 because they know their audit manager wouldn't leave.

Any black and white? First time I hear audit paying 4k for associate.

Yea you join discord, I share screen show you my payslip

Where is that?

Erm audit manager is as difficult as Primary 6 promoting to Sec 1

but making audit partner is like finishing mulitple PhDs.

Can I ask - the low pay in audit is becusee audit engagements pay low to begin with, or is it the partner is ring fencing his/her compensation?

Heard the bonus this year will be lower.
Same engagement lesser manpower, or more plotting on multiple engagements.

Blue: oh they not paying more I also dw to pay
Yellow: yea let’s just maintain status quo
Orange: hmm…

😂 every yr charge 1-2% more due to inflation or Gst. Ofc we are not “subjected” to gst or inflation

And also mb cuz of lowballing to win clients

I also hearsay from friend in orange now that A2 $4k and A1 no bonus

We never had CoL increment. That said, there will be pay raise for certain ranks this year for one of the firms, I don't know about the rest. Unfortunately the multiple bookings has already completely crippled my mental health so I won't be staying to see it. Guys who are staying put, keep us updated on exactly how shitty it is lol

Professional qualification
 

Anyone knows how's the welfare for the various Big 4 in terms of sponsoring professional qualification like SCAQ and ICAEW? Is there any service obligation or claw back if we fail the papers or quit the firm?

Is there anyway we can avoid the next year's peak period?

If I create a discord for SG big4 auditors, does that mean it’s gonna become a union?

q.u.i.t n.o.w!!!

already have discord liao

Define peak and non-peak 😂

How to join? I want talk **** about some managers

I have accepted an offer (contract also sign liao) from blue 1 month to join as a S2 next month.

But in the last few weeks, I am having second thoughts and another company has also reached out to me, offering something better.

what is the best way to approach this if i wan to retract my acceptance? any consequence?

I realized this audit industry no need for HR or leader really go all out to attract people come join you

Actually people will join this audit industry themselves.

Those people scare what no young people join this audit industry are just scaring themselves.

I am a senior manager born in 1986.

Don't talk bad about your audit managers lah.

2006 I believe

1986 people no time come this forum one

Is there anyway we can avoid the next year's peak period?

My colleagues are now all discussing how to avoid next year's peak period.

Got 3 want to throw letter in June.

They're a little confused but they've got the spirit. Should throw after bonus instead.

2 years also a lot ppl ranting about their managers.

I suspect they promoted

Cause now there’s more ppl ranting about staff instead.

Bump for visibility

can share link? never heard of such a thing before

why is this even an issue? read your contract, there's literally no consequences to retracting unless you're a foreigner.

yea, you are replaceable. So just go for the best offer

but i sign liao, so i scared they can ask me pay money

The letter u signed got clause that states u need to pay?
If no, then okay lor

i dont see it in my letter stating that i need to pay. but actually is it common to have such clause in the contract?

Why u even sign in the first place. S2 is 5.3k (years back). Reject str8 away.

initially i thought big 4 progression is fast so even though 5.3k now, in 2-3 years time it will be 6-7k.

plus HR tell me that potentially got chance for pay adjustment in jul. so i signed

but then right now another company came back to me with 6k instantly.

i just worried that there are legal consequences. glad to know that there isnt

B4 hr is always selling the shyt dream, sky is the limit. Maybe 5 more years. Anw its hard, they rather outsourced to earn big $$ and kill this profession. Local no ppl want take this 5k median salary. With 4 years yoe u better off else where.

Is it true alot people rather not promoted to manager level?

I saw this lady promoted to manager straightaway resign. Another guy also resign after promoted to manager.

Curious

Is it common to come across cb dog in audit line?

S2 for blue is currently still 5.3k. How much is yellow S2 now?

I talked to one audit senior, he told me even though the firm pay him $6K, he will the bear the risk at all. He said "why should I bear the risk? audit partner took be the one who bear the risk."

I talked to one audit senior, he told me even though the firm pay him $6K, he will NEVER the bear the risk at all. He said "why should I bear the risk? audit partner took be the one who bear the risk. You only pay me $6K"

Not just manager, seniors will also leave after promo (mostly locals)
If ur engagements are not so bad and you don’t have to Ot that much, then stay lor.