Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

if u go big4 audit and leave after 2 years to join commercial, u will still get downgraded in terms of rank. in my company's fp&a department(commercial), many don't come from big 4 and are not from accounting backgorund

I worry for your company then

Originally Posted by Unregistered

I worry for your company then

FP&A and accounting functions are seperate for most mncs lol

isn't fp&a similar to management accounting? Aiya no need argue, at the end of the day all still high finance rejects

Originally Posted by Unregistered

FP&A and accounting functions are seperate for most mncs lol

Those who quit big 4 typically go into these FP&A, tax, budgeting or business analyst roles. Accounting ones are where your non-big 4 folk usually end up.

Originally Posted by Unregistered

How many months bonus does SM get

I got avging 3 months -15mth package as a junior SM ( no AWS)

It is possible to get 4-6month bonus as SM according to my senior colleagues

Originally Posted by Unregistered

Those who quit big 4 typically go into these FP&A, tax, budgeting or business analyst roles. Accounting ones are where your non-big 4 folk usually end up.

I quited big 4 after 2years+ of grinding. Was previously working over 75hrs/week

I managed to join my client office (MNC) doing FP&A.
Got a 30%+ pay increase considering annual package.

Better work life balance and pay.

Originally Posted by Unregistered

Lol, auditors are underpaid unless they make partner. This is straight facts. Once u make partner, money comes in like a waterfall and makes the grind worth it, most leave before this ever happens. It is certainly possible to jump from big 4 and direct admit as partner in mid tier firm, but the pay grade will be adjusted accordingly to audit fees

No need partner level, once you reach SM(abt avg 8 Years), your WLB improves tremendously as you just delegate your work liao. A SM command min basic 10k/mth salary+.

Personally, i left Big 4 after making Mgr (5 yrs+). I know a lot of my SMs are really medicore but they just managed to rise to that rank by merely staying on where most leaves.

Originally Posted by Unregistered

I quited big 4 after 2years+ of grinding. Was previously working over 75hrs/week

I managed to join my client office (MNC) doing FP&A.
Got a 30%+ pay increase considering annual package.

Better work life balance and pay.

This is the way

If joining commercial FP&A straight, will the progression be slower as compared to joining after working for 3+ years in Big 4 audit?

Originally Posted by Unregistered

If joining commercial FP&A straight, will the progression be slower as compared to joining after working for 3+ years in Big 4 audit?

Your knowledge and exposure will be limited, likely your career trajectory will be capped.