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Q: Big4 - Yearly salary increment

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  #41 (permalink)  
Old 25-02-2015, 05:16 PM
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Default Big 4 employee joining as Sr. Manager in Singapore big4

Hi All

I am joining a big 4 in Singapore from another big 4 in different country. I have been offered 12k+800(twds CPF) for joining as Sr. Manager. I am already a senior manager for 2 years with existing firm.

Please advice if this is reasonable

Rgds
big4 employee

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  #42 (permalink)  
Old 25-02-2015, 05:22 PM
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How much % increment is this move to you ?

Quote:
Originally Posted by Unregistered View Post
Hi All

I am joining a big 4 in Singapore from another big 4 in different country. I have been offered 12k+800(twds CPF) for joining as Sr. Manager. I am already a senior manager for 2 years with existing firm.

Please advice if this is reasonable

Rgds
big4 employee


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  #43 (permalink)  
Old 25-02-2015, 05:26 PM
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Quote:
Originally Posted by Unregistered View Post
Hi All

I am joining a big 4 in Singapore from another big 4 in different country. I have been offered 12k+800(twds CPF) for joining as Sr. Manager. I am already a senior manager for 2 years with existing firm.

Please advice if this is reasonable

Rgds
big4 employee
How many years of working experience do u have?

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  #44 (permalink)  
Old 25-02-2015, 05:34 PM
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12k is near to max of snr mgr, meaning future increments will be very little unless ur rated top performer or get a promotion. If I were you I will go back to them and say 12k is fine, but request to be put on associate director grade. at least then u will be at average level of ass. director & get the normal increment
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  #45 (permalink)  
Old 25-02-2015, 05:53 PM
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Quote:
Originally Posted by Unregistered View Post
Hi All

I am joining a big 4 in Singapore from another big 4 in different country. I have been offered 12k+800(twds CPF) for joining as Sr. Manager. I am already a senior manager for 2 years with existing firm.

Please advice if this is reasonable

Rgds
big4 employee
Foreign talent spotted...
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  #46 (permalink)  
Old 25-02-2015, 06:30 PM
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Foreign talent spotted...
Sometimes I also wonder why our immigration policy let in all sorts of FT. I can understand manual labour and top management maybe need outsiders, but a Senior Manager in Big 4 is just a junior-mid level job that is usually paid 8-9k. You mean companies cannot find local citizens and need to pay some foreigner 30-40% more above local pay just to do the same work? Or is it another case of foreigner hiring their own cliques again?
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  #47 (permalink)  
Old 25-02-2015, 07:20 PM
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Sometimes I also wonder why our immigration policy let in all sorts of FT. I can understand manual labour and top management maybe need outsiders, but a Senior Manager in Big 4 is just a junior-mid level job that is usually paid 8-9k. You mean companies cannot find local citizens and need to pay some foreigner 30-40% more above local pay just to do the same work? Or is it another case of foreigner hiring their own cliques again?
it could be that the job requires international exposure which can be difficult for local applicant. after all the domestic market of Singapore is so small that almost all business operation here has some foreign exposure.
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  #48 (permalink)  
Old 25-02-2015, 10:52 PM
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Hey Guys, Thanks for your comments...I might have made a small mistake in my post..i am joining as Associate Director and not senior manager. Actually, in my country sr. manager and AD are same levels and some practices such as tax use the term Sr. Manager and Consulting uses AD. Isnt it the same in Singapore or is AD is higher in hierarchy than Sr. Manager

I have approx. 12 yrs of experience in my field of expertise and given the difference in currency, it is a decent jump. However, the objective for me is to gain experience in an international location like Singapore which is the best market Asia has to offer and is a beautiful place to stay. Having said that, I want to be treated at par in accordance with my grade. I am a 2nd year AD in my home practice.

On the immigration policy comment, no clues mate...I am just trying to make my two ends meet and do the best for my career and btw don't think that anyone will pay premium until they see some potential in it. Cheers
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  #49 (permalink)  
Old 26-02-2015, 01:03 AM
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Just to digress a bit, can anyone confirm if it is normal for a Associate Director in a big 4 to be paid 12k? I am now in the final interview round with PWC for an Associate Director role and when the subject of pay come up, HR keep hinting that they cannot give anything more than my current pay which is 10.6k due to "internal benchmark". I want to know if it's really true or just some negotiation tactic.
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  #50 (permalink)  
Old 26-02-2015, 10:17 AM
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Quote:
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Just to digress a bit, can anyone confirm if it is normal for a Associate Director in a big 4 to be paid 12k? I am now in the final interview round with PWC for an Associate Director role and when the subject of pay come up, HR keep hinting that they cannot give anything more than my current pay which is 10.6k due to "internal benchmark". I want to know if it's really true or just some negotiation tactic.
Average for AD is 10-11k, but Iím sure if the company want you enough they can easily up to 12k or even more.
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