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10-01-2022, 07:22 PM
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Quote:
Originally Posted by Unregistered
Hi, from associate to M3 need roughly how long for average performer?
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Between AM-M, it will depends on the firm situation at that time. Sometimes they will play with a 2yr AM system, or a M0 system.
So you will hit M1 at the start of 6th year, or maybe 7th year. Then you will hit M3 in 8th or 9th year. Promotion between associate to SM is a certainty for most ppl unless your performance is shaky. It is rare but it does happen. Reasons such as making mistakes that piss off clients or managers, or having a fairly obvious lack of ability (usually accounting knowledge) to do work properly
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10-01-2022, 07:24 PM
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Quote:
Originally Posted by Unregistered
Big budget alone doesn’t mean good
If you have a lot of audit issues and findings
Not everything can solve with money alone
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At least you can claim taxi and OT allowance. When the budget is so crap, firm expects you to ot but not take cab or record the hours.
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11-01-2022, 08:44 AM
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Correct typo
Correction:
A1->A2 1 year
A2->S1 1 year
S1->S2 1 year
S2->S3/AM 1 year
S3/AM->M1 1 year
M1->M2 1 year
M2->M3 1 year
Total 7 years if no major screw up
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11-01-2022, 09:28 AM
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How many stay until SM?
My batch by the time SA more than 2/3 gone, during AM left less than a handful, now M 0 left.
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11-01-2022, 09:50 AM
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Quote:
Originally Posted by Unregistered
How many stay until SM?
My batch by the time SA more than 2/3 gone, during AM left less than a handful, now M 0 left.
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Now is Great Resignation period. S1 already more than 50% gone, S3 only 5 left. The rest of the seniors mostly jiuhukia from tongkat ali uni
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11-01-2022, 01:43 PM
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Quote:
Originally Posted by Unregistered
How many stay until SM?
My batch by the time SA more than 2/3 gone, during AM left less than a handful, now M 0 left.
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Audit turnover is high. But I don't think people should stay in their first job for 8 years even for other industries.
It helps to think of your career every 3-5 years. Don't wait till you oldies then start thinking of your first mid career switch. The inertia and comfort zone is too high
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11-01-2022, 04:45 PM
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Quote:
Originally Posted by Unregistered
Correction:
A1->A2 1 year
A2->S1 1 year
S1->S2 1 year
S2->S3/AM 1 year
S3/AM->M1 1 year
M1->M2 1 year
M2->M3 1 year
Total 7 years if no major screw up
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Wah like this is every year got promotion + increment? Every year up 10-15% salary have?
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11-01-2022, 05:05 PM
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Quote:
Originally Posted by Unregistered
Wah like this is every year got promotion + increment? Every year up 10-15% salary have?
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The so called promotion/progressions are just titles artificially created to show there are progression but in actual fact it is the same position. I.e senior and managers are 3 years each. You dont tell people you are M3, only audit managers.
The higher increments are due to the audit firms squeezing/frontloading alot more working hours into a work year.
I.e You can get $500 increment in a year because you worked 10,000 hours in one year. You might also get $500 increment in commercial if you worked 10,000 hours just that you might take 2 years to clock the same hours.
So ultimately it depends on whether you treasure work life balance and starting a family. Big 4 is losing out now because there are new industries and positions opening up that can offer the same compensation with less punishing hours. Basically it is a sunset industry.
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11-01-2022, 07:52 PM
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Quote:
Originally Posted by Unregistered
I.e You can get $500 increment in a year because you worked 10,000 hours in one year. You might also get $500 increment in commercial if you worked 10,000 hours just that you might take 2 years to clock the same hours.
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Your trial balance never balance. Please clear the review point.
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