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

DecorumEDMW 19-06-2024 06:04 PM

Quote:

Originally Posted by Unregistered (Post 282655)
A colleague who graduated with First Class Honors told me he feels very useless at his Big 4 firm because he can't meet audit deadlines. I reassured him that it isn't his fault; it's due to a shortage of manpower. I believe that even the smartest people can feel guilty and blame themselves in such situations. However, I think the real problem is that audit firms are freezing their hiring.

Ask your colleague dont be too hard on himself

For audit , the effort and brain freeze will never match the rewards

Just be at peace with yourself and think that being paid $1 to audit google is reasonable

DecorumEDMW 19-06-2024 06:17 PM

Quote:

Originally Posted by Unregistered (Post 282647)
No lo.
Now good firm ask salary ask bonus. Ask mother ask father.
They see total compensation.

I think depends on company

Last time my CFO was like RSAF global radar surveillance plane for expenses

If $1 $2 out of normal, planes scrambled

Unregistered 19-06-2024 06:34 PM

Quote:

Originally Posted by Unregistered (Post 282655)
A colleague who graduated with First Class Honors told me he feels very useless at his Big 4 firm because he can't meet audit deadlines. I reassured him that it isn't his fault; it's due to a shortage of manpower. I believe that even the smartest people can feel guilty and blame themselves in such situations. However, I think the real problem is that audit firms are freezing their hiring.

2 grads from UTAR or HELP uni with 10 years exp > 1 nobel prize winner harvard scholar with 10 years exp when comes to speed in doing same audit file

End of the day it is still headcount

DecorumEDMW 19-06-2024 06:38 PM

Quote:

Originally Posted by Unregistered (Post 282579)
Stupid auditors. Day day surf web instead of working.

the moment i joined audit i knew i will die without achieving a wikipedia entry for myself

Red ocean strategy ftw

Unregistered 19-06-2024 07:07 PM

Quote:

Originally Posted by Unregistered (Post 282670)
2 grads from UTAR or HELP uni with 10 years exp > 1 nobel prize winner harvard scholar with 10 years exp when comes to speed in doing same audit file

End of the day it is still headcount

True. This kind of brain less job no need high flyers to do.

SO i've always wondered why FCHs from local u waste their lives in Big 4 audit. Is it kenna conned or what. Really disappoint their parents sia.

Like PhD nuclear physicist go and be pri sch science teacher. Really waste talent.

Unregistered 19-06-2024 08:08 PM

Quote:

Originally Posted by Unregistered (Post 282673)
True. This kind of brain less job no need high flyers to do.

SO i've always wondered why FCHs from local u waste their lives in Big 4 audit. Is it kenna conned or what. Really disappoint their parents sia.

Like PhD nuclear physicist go and be pri sch science teacher. Really waste talent.

The problem is lack of opportunity for locals. Skill transfer nonsense by gov to take in more foreign is just out of logic here.

Unregistered 19-06-2024 11:01 PM

It's 2024. Anyone with a brain still taking accounting is clearly dumb when every online forums these days tell you to take things like CS, law.

Unregistered 20-06-2024 12:40 AM

Quote:

Originally Posted by Unregistered (Post 282168)
Blue
S3: /
S4: /
G1:3800 (before) / 4550 (no bonus)
G2:3600(before) / 4350 (no bonus)

Yellow
S2: 5800 (before) /
S1: 5000 (before) /
A2:
A1: 4300 (after, no bonus)

Orange
S2:
S1:
A2:
A1: 4100 (no bonus)

Black
S2:
S1:
A2: 4500
A1: 4100

Yellow only getting letter in Sept but last year bonus when I was S1 was 2.5x


S3: /
S4: 4800 (before) / 5100 (after)
G1:3800 (before) / 4550 (no bonus)
G2:3600(before) / 4350 (no bonus)

Yellow
S2: 5800 (before) /
S1: 5000 (before) /
A2:
A1: 4300 (after, no bonus)

Orange
S2:
S1:
A2:
A1: 4100 (no bonus)

Black
S2:
S1:
A2: 4500
A1: 4100

Updated for blue. Anyone got the rest of the figures for before and after?

Unregistered 20-06-2024 12:44 AM

Quote:

Originally Posted by Unregistered (Post 282670)
2 grads from UTAR or HELP uni with 10 years exp > 1 nobel prize winner harvard scholar with 10 years exp when comes to speed in doing same audit file

End of the day it is still headcount


What the f is UTAR or HELP uni?

get the f out of my country malaysian

3.5

thank you for paying rent

Unregistered 20-06-2024 12:46 AM

Quote:

Originally Posted by Unregistered (Post 282698)
It's 2024. Anyone with a brain still taking accounting is clearly dumb when every online forums these days tell you to take things like CS, law.

not so easy to get into AAA course lah brother
accounting students deserves to be where they are at now
high demand but no supply usually will cause salary to go up, but our gov go import those broken english malaysian trash until our salary kena low ball
want to blame must blame our gov bro

Unregistered 20-06-2024 12:52 AM

Quote:

Originally Posted by Unregistered (Post 282715)
not so easy to get into AAA course lah brother
accounting students deserves to be where they are at now
high demand but no supply usually will cause salary to go up, but our gov go import those broken english malaysian trash until our salary kena low ball
want to blame must blame our gov bro

lol I thought our pay increased a little due to the EP requirement.

Unregistered 20-06-2024 01:12 AM

Quote:

Originally Posted by Unregistered (Post 282673)
True. This kind of brain less job no need high flyers to do.

SO i've always wondered why FCHs from local u waste their lives in Big 4 audit. Is it kenna conned or what. Really disappoint their parents sia.

Like PhD nuclear physicist go and be pri sch science teacher. Really waste talent.

Unless they are solely book smart or unable to find better jobs, it is really a waste of the entry ticket to better companies. After a few years, the focus is more on work experience, which most auditors probably have in common.

Unregistered 20-06-2024 01:12 AM

Is it normal to feel very useless if can't meet audit deadlines?

Unregistered 20-06-2024 07:18 AM

Gogogo
 
Singapore and malaysia goes to all out war. It will be fun to witness. Still want to do audit or not.

Skills issue if not get job done

Unregistered 20-06-2024 08:45 AM

Quote:

Originally Posted by DecorumEDMW (Post 282666)
Ask your colleague dont be too hard on himself

For audit , the effort and brain freeze will never match the rewards

Just be at peace with yourself and think that being paid $1 to audit google is reasonable

yes. I already told him is not to be so hard on himself. Is not his fault.

Whatever it is, is never auditor fault.

Unregistered 20-06-2024 09:05 AM

LOL the recent 'salary adjustment' is literally just removing bonus component and spread over 12 months. The only benefit of this is now the associates no need to think about "collecting bonus" first before leaving.

Unregistered 20-06-2024 09:54 AM

Quote:

Originally Posted by Unregistered (Post 282734)
LOL the recent 'salary adjustment' is literally just removing bonus component and spread over 12 months. The only benefit of this is now the associates no need to think about "collecting bonus" first before leaving.


That's kind ass

Plus and minus

About the same

Nothing much changed

Unregistered 20-06-2024 11:52 AM

Quote:

Originally Posted by Unregistered (Post 282731)
yes. I already told him is not to be so hard on himself. Is not his fault.

Whatever it is, is never auditor fault.

Never audit fault

Poor individual work performance not auditor fault
Make mistake bit auditor faulty

Auditor never at fault and deserve high and overpay

Damn auditors

Unregistered 20-06-2024 11:54 AM

Auditor everyday eat 2hour long lunch so freaking happy. Useless folks

Unregistered 20-06-2024 12:56 PM

Manager gaslight the audit seniors and audit associate to feel very bad and useless.

Some of my colleagues who are audit seniors and audit associate feel that they are very useless because they could not meet the audit deadline.

I feel sad. why we work until so sad?

DecorumEDMW 20-06-2024 01:03 PM

Quote:

Originally Posted by Unregistered (Post 282714)
What the f is UTAR or HELP uni?

get the f out of my country malaysian

3.5

thank you for paying rent

Must have strategic mindset

hire those from across causeway when u r a boss to ease on the bizness costs

Unregistered 20-06-2024 01:19 PM

S3: /
S4: 4800 (before) / 5100 (after)
G1:3800 (before) / 4550 (no bonus)
G2:3600(before) / 4350 (no bonus)

Yellow
S2: 5800 (before) /
S1: 5000 (before) /
A2:
A1: 4300 (after, no bonus)

Orange
S2:
S1:
A2:
A1: 4100 (no bonus)

Black
S2:
S1:
A2: 4500
A1: 4100

Unregistered 20-06-2024 01:47 PM

Quote:

Originally Posted by Unregistered (Post 282758)
Manager gaslight the audit seniors and audit associate to feel very bad and useless.

Some of my colleagues who are audit seniors and audit associate feel that they are very useless because they could not meet the audit deadline.

I feel sad. why we work until so sad?

I know one audit associate cried because didn't able to meet deadline and end up client have to pay extension fee of $400. Client also not willing to pay extension fee of $400.

Unregistered 20-06-2024 01:54 PM

Tiagong blue giving 3 months bonus, how about the rest

Unregistered 20-06-2024 02:29 PM

Quote:

Originally Posted by Unregistered (Post 282760)
S3: /
S4: 4800 (before) / 5100 (after)
G1:3800 (before) / 4550 (no bonus)
G2:3600(before) / 4350 (no bonus)

Yellow
S2: 5800 (before) /
S1: 5000 (before) /
A2:
A1: 4300 (after, no bonus)

Orange
S2:
S1:
A2:
A1: 4100 (no bonus)

Black
S2:
S1:
A2: 4500
A1: 4100

Wth? No bonus but include 1 month bonus into the basic? Isn't that worse than the 3 months VB for Blue?

DecorumEDMW 20-06-2024 02:33 PM

Quote:

Originally Posted by Unregistered (Post 282768)
Wth? No bonus but include 1 month bonus into the basic? Isn't that worse than the 3 months VB for Blue?

$$ now always better than 1 year later

DecorumEDMW 20-06-2024 02:36 PM

Quote:

Originally Posted by Unregistered (Post 282763)
I know one audit associate cried because didn't able to meet deadline and end up client have to pay extension fee of $400. Client also not willing to pay extension fee of $400.

Haha then audit partner will send permanent fee increment letter to the client

DecorumEDMW 20-06-2024 02:43 PM

Quote:

Originally Posted by Unregistered (Post 282763)
I know one audit associate cried because didn't able to meet deadline and end up client have to pay extension fee of $400. Client also not willing to pay extension fee of $400.

If im the client i will confirm pay

Associate dulan and quit

Find new auditor still need time for new auditor to know new client

CEO shoot email to CFO ask status of audit
CFO shoot email to finance staff ask why audit take so long

Finance staff llst

Unregistered 20-06-2024 03:16 PM

Quote:

Originally Posted by Unregistered (Post 282765)
Tiagong blue giving 3 months bonus, how about the rest

nah it's 1.5 months for associates and 2 months for seniors, don't talk nonsense please

Unregistered 20-06-2024 03:16 PM

Quote:

Originally Posted by Unregistered (Post 282765)
Tiagong blue giving 3 months bonus, how about the rest

Announce already? I thought last week of June only tell?

DecorumEDMW 20-06-2024 03:37 PM

Quote:

Originally Posted by Unregistered (Post 282774)
nah it's 1.5 months for associates and 2 months for seniors, don't talk nonsense please

Bro

Let me give you an advice you wont see other chartered accountants giving

Networking > Grades, experience and certificate

DecorumEDMW 20-06-2024 03:41 PM

Quote:

Originally Posted by DecorumEDMW (Post 282776)
Bro

Let me give you an advice you wont see other chartered accountants giving

Networking > Grades, experience and certificate

The reason is because thinking is too linear

Salary should never be the decision basis

Career advancement should be based on networking opportunities instead of salary consideration only

Unregistered 20-06-2024 04:02 PM

In audit industry, is all about SPEED !

I know one audit associate who is a online gamer graduated from ACCA.

He can type fast. He can copy and paste fast. He can extract samples fast. He can move his mouse fast. Because he play alot of online game. So his fingers really work very fast. 10 minutes can settle everything.

As compare to FCH graduate who like to slowly do and deliver quality work...

Who do you want your assistant be?

DecorumEDMW 20-06-2024 04:07 PM

Quote:

Originally Posted by Unregistered (Post 282778)
In audit industry, is all about SPEED !

I know one audit associate who is a online gamer graduated from ACCA.

He can type fast. He can copy and paste fast. He can extract samples fast. He can move his mouse fast. Because he play alot of online game. So his fingers really work very fast. 10 minutes can settle everything.

As compare to FCH graduate who like to slowly do and deliver quality work...

Who do you want your assistant be?

Of course a chiobu lah

But with other staff supporting her

Unregistered 20-06-2024 04:09 PM

Quote:

Originally Posted by DecorumEDMW (Post 282779)
Of course a chiobu lah

But with other staff supporting her

you don't chee ko pek lah !

don't sia suay guys leh

DecorumEDMW 20-06-2024 04:12 PM

Quote:

Originally Posted by Unregistered (Post 282780)
you don't chee ko pek lah !

don't sia suay guys leh

Say chiobu = chee ko pek?

then plastic surgery is fake?

At least im not hypocrite

Unregistered 20-06-2024 05:05 PM

Quote:

Originally Posted by Unregistered (Post 282753)
Never audit fault

Poor individual work performance not auditor fault
Make mistake bit auditor faulty

Auditor never at fault and deserve high and overpay

Damn auditors


Yup and finance staff getting screwed by JHKs and JHBs and the cycle repeats again. Then partner ask for huge increase in audit fees in the name of inflation. Auditors will find MLs in the name of value adding to the client

Unregistered 20-06-2024 05:06 PM

Quote:

Originally Posted by Unregistered (Post 282774)
nah it's 1.5 months for associates and 2 months for seniors, don't talk nonsense please

Sauce: Tiagong

whrich is tru

Unregistered 20-06-2024 05:08 PM

No good
 
Copy and paste job.

What so hard? Still getting high pay

Weird industry. Sohai auditor need client pay

Unregistered 20-06-2024 05:16 PM

PP Assurance Jun24
 
How's Jun24 PP Assurance paper? Manageable?


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