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Q: Big4 - Yearly salary increment

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  #661 (permalink)  
Old 06-12-2017, 05:14 PM
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any other firms recommended to work as in audit or financial?



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  #662 (permalink)  
Old 18-12-2017, 01:21 PM
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But what's your ultimate career goal? If you're staying in accounting/finance, just do Big 4. Accounting is considered a cost centre in banks and MNCs, so the salary and career progression is slow. Big 4 experience accelerates your career very quickly, but the caveat is that you have to be mentally resilient enough to stay for at least 3 years.
after big 4, where will be the most logical path?

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  #663 (permalink)  
Old 20-12-2017, 11:39 AM
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after big 4, where will be the most logical path?
Depends on what you mean logical. People commonly move on to commercial accounting doing internal audit, fp&a etc in the same industry that they audited in Big 4. Some lucky ones who networked well can even get to move onto non-accounting roles.

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  #664 (permalink)  
Old 07-01-2018, 12:22 PM
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  #665 (permalink)  
Old 07-01-2018, 09:07 PM
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Do corporate finance get paid the same as Audit? What are the bonus like?
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  #666 (permalink)  
Old 08-01-2018, 09:11 PM
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Thumbs up Big 4 senior mgr

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how about the pay for first year manager? how many years does it take typically to reach senior manager?
I know of one manager like that.
Abt 6 years to manager ie performance exceed expectation. $8000
She then jump to a small firm as senior manager thereafter, abt $8,200 (yearly increment if $500) but her bonus was 2-3 months so annual abt $115k-$130k. This small firm has a lot of politics but she’s fine cos all the same D big 4 staff. They join force trying to squeeze out the other partner. The salary is Better than being a partner in mid tier.
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  #667 (permalink)  
Old 09-01-2018, 03:01 PM
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I know of one manager like that.
Abt 6 years to manager ie performance exceed expectation. $8000
She then jump to a small firm as senior manager thereafter, abt $8,200 (yearly increment if $500) but her bonus was 2-3 months so annual abt $115k-$130k. This small firm has a lot of politics but she’s fine cos all the same D big 4 staff. They join force trying to squeeze out the other partner. The salary is Better than being a partner in mid tier.
Strange, I am getting a lot CVs from big 4 audit managers (1st-2nd year) and none exceeds 7k.
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  #668 (permalink)  
Old 09-01-2018, 03:09 PM
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Strange, I am getting a lot CVs from big 4 audit managers (1st-2nd year) and none exceeds 7k.
Do you mean 1-2 years into audit managers role?
Normally how long does it take for one to be audit manager?
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  #669 (permalink)  
Old 09-01-2018, 06:40 PM
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Do corporate finance get paid the same as Audit? What are the bonus like?
based on what i know, kpmg's pay for corporate finance (grad entry role) is the same for audit. what a joke... the big 4 has gotten away with underpaying for far too long imo
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  #670 (permalink)  
Old 10-01-2018, 12:46 PM
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Strange, I am getting a lot CVs from big 4 audit managers (1st-2nd year) and none exceeds 7k.
If this person means senior mgr perhaps?
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