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Q: Big4 - Yearly salary increment

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  #6571 (permalink)  
Old 28-03-2022, 04:55 PM
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then why don't people just stay till SM, so what if don't make partner, stable jobs and hrs not bad as have minions to do the work.pay good 160-180 k per annum with bonus
You say until so easy ? Try working thru peak at 15 hours a day for 7 days a week during your junior years

Sound easy. A few years only. U age faster than your peers esp if u are a girl and get ugly and fat due to lack of sleep and exercise

With pathetic pay

No one in their right mind should stay

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  #6572 (permalink)  
Old 28-03-2022, 05:30 PM
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then why don't people just stay till SM, so what if don't make partner, stable jobs and hrs not bad as have minions to do the work.pay good 160-180 k per annum with bonus
I don't think hours are that good even at manager or SM level. And frankly >60 hours work week, no training/guidance, low job satisfaction since not exactly value adding, and sometimes shitty clients or bosses. It get de-motivating real fast

And why stay when you reach M or SM? You can get the similar pay and much better hours if you manage to switch to outside.

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  #6573 (permalink)  
Old 28-03-2022, 05:30 PM
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then why don't people just stay till SM, so what if don't make partner, stable jobs and hrs not bad as have minions to do the work.pay good 160-180 k per annum with bonus
Lol that is the question you can ask the minons who keep saying the M/SMs got nothing to do.

The only ones that won’t tender are the partners. I have only seen one that really did in my firm for past eight years and he went to join politics.

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  #6574 (permalink)  
Old 28-03-2022, 05:32 PM
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then why don't people just stay till SM, so what if don't make partner, stable jobs and hrs not bad as have minions to do the work.pay good 160-180 k per annum with bonus
The fact that only a handful of people stay until SM should clue you in that it's actually difficult and torturous to last for that long. Nobody starts off a career thinking of quitting. Everyone hopes to rise to senior level. But how many actually make it?

You make it sound so easy. This is just like the Simpsons meme:
1. Step one
2. Step two
3. ????
4. PROFIT!!!
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  #6575 (permalink)  
Old 28-03-2022, 07:18 PM
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The fact that only a handful of people stay until SM should clue you in that it's actually difficult and torturous to last for that long. Nobody starts off a career thinking of quitting. Everyone hopes to rise to senior level. But how many actually make it?

You make it sound so easy. This is just like the Simpsons meme:
1. Step one
2. Step two
3. ????
4. PROFIT!!!
But u will reach a stage u wont feel challenge any more. Just sit there get pay. No?
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  #6576 (permalink)  
Old 28-03-2022, 07:32 PM
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4.9k is what I got as senior 2 … 4-5 years ago?
Huh no different wad. 5 6 years ago a1 2.8k era
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  #6577 (permalink)  
Old 28-03-2022, 07:33 PM
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Nah, it is just for "training and effort" to get you to be a good audit professional. Heard it can be two years for some mid tiers. Pretty ridiculous and lack legal standing in my view, and not sure why they are still using it to scare people into staying for two years. But I guess too many overseas or apathetic sheeps in mid tier call out their employers for modern slavery contracts

Even if Big4 managers terminate the bond post overseas secondment, it is just claw back of certain bonus and fees related to the secondment.
Ya when u reviee the awp the documentation like crap.. missing lead schedule etc lol. Quality..
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  #6578 (permalink)  
Old 28-03-2022, 07:52 PM
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partners got “mandatory” retirement so they need to leech as much as they can during their years


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  #6579 (permalink)  
Old 28-03-2022, 08:20 PM
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But u will reach a stage u wont feel challenge any more. Just sit there get pay. No?
Not sure what is no challenge when it is still > 60hours work week. Are you in audit and what are your work hours?
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  #6580 (permalink)  
Old 28-03-2022, 09:04 PM
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Huh no different wad. 5 6 years ago a1 2.8k era
6 years ago I was A1, 2.9k
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