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Q: Big4 - Yearly salary increment

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  #4991 (permalink)  
Old 18-01-2022, 12:23 AM
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All big 4s are the same. Just that EY probably miscalculated and went overboard in squeezing margins this time round. They unexpectedly lost quite a fair bit of very experienced managers who would usually not have tendered under normal circumstances.

Now those who are capable and can score interviews have all ran away and they are left with the mediocre staff. But Big 4s are too big to fail. They just need to flush out the toxic ones who will eventually leave by themselves and things will be back to normal in the next few cycles once pandemic is over.
Those silly fresh grads looking to join big 4 remind me of the geeks from nightmare alley.

As they tear off the heads of chickens with their mouths they utter proudly, Mister I was born for it

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  #4992 (permalink)  
Old 18-01-2022, 01:24 AM
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Classic case study on people management from Yellow. Management that do not give a damn about staff. Ended up all the capable ones left and only the toxic ones remain lol.
Now is the best time to pwn them back by working from 9 to 6, switch off laptop after 6pm and don't work on weekends.They will not sack you during peak period because they are severely understaffed. Cannot meet deadline then too bad lor cause it is the partner & SM who will get the blame. Client unhappy then ask them change auditor lor since the firm is unable to provide exceptional client service.

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  #4993 (permalink)  
Old 18-01-2022, 01:55 AM
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NoÖ Senior will kena also

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  #4994 (permalink)  
Old 18-01-2022, 09:07 AM
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NoÖ Senior will kena also
That's when seniors quit the job. Disproportional responsibilities vs title/exp/pay


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  #4995 (permalink)  
Old 18-01-2022, 11:50 AM
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That's when seniors quit the job. Disproportional responsibilities vs title/exp/pay
Kena lowballed like slave. Some seniors sick and vomit blood still have to work until 3am. Really is water entered their brain
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  #4996 (permalink)  
Old 18-01-2022, 12:07 PM
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Kena lowballed like slave. Some seniors sick and vomit blood still have to work until 3am. Really is water entered their brain
Have this senior in my team. Peak period OT until 1-2am everyday + work over weekends, non-peak also work until 7-8 pm.

if dont stay till partner, all are just sunk cost. work so hard for wut u go somewhere else shake leg do some side job also better paid + WLB

some acc background people are really nuts...
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  #4997 (permalink)  
Old 18-01-2022, 12:28 PM
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Now is the best time to pwn them back by working from 9 to 6, switch off laptop after 6pm and don't work on weekends.They will not sack you during peak period because they are severely understaffed. Cannot meet deadline then too bad lor cause it is the partner & SM who will get the blame. Client unhappy then ask them change auditor lor since the firm is unable to provide exceptional client service.
They can simply ask you to work in office la. You mean you dare to refuse OT on the spot everyday? Donít be a coward and say in forum only hor. Make it big and we shall wait for the news to spread.

There are people asked to leave the firm, just that you have not experienced it.

Donít overestimate your importance. They can simply get an intern to do your vouching work and kick you out. Now the VTLs are in place, our hungry northern neighbours are salivating at the 1:3 rate and they canít wait to get out of their flooded states. They were already stuck for the past two years.
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  #4998 (permalink)  
Old 18-01-2022, 01:24 PM
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Have this senior in my team. Peak period OT until 1-2am everyday + work over weekends, non-peak also work until 7-8 pm.

if dont stay till partner, all are just sunk cost. work so hard for wut u go somewhere else shake leg do some side job also better paid + WLB

some acc background people are really nuts...
Is it only some? That has been the trend for the longest time, which is why it is not a sustainable lifestyle.
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  #4999 (permalink)  
Old 18-01-2022, 03:12 PM
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Is it only some? That has been the trend for the longest time, which is why it is not a sustainable lifestyle.
i think if this is in the 80-90s when accounting is still relatively a well paid profession, is justifiable.

Now? fresh graduate in audit get 3k, work like mad dog promote to senior consultant, congrats finally u making the same as your friend in infosystem who may get 3.8 GPA but working in a tech firm and OT maybe once or twice a week only. by then if your friend is good, he may be promoted to small team head and earning a solid 6-7k le

today, experience + promotion speed + pay from big 4 is just not as attractive, but ok now they gang up with ISCA so its harder for people outside to get CPA.

if anyone want to be CPA and earn peanuts
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  #5000 (permalink)  
Old 18-01-2022, 06:09 PM
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Actually so many quit during peak, where they usually go after audit
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