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Q: Big4 - Yearly salary increment

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  #6961 (permalink)  
Old 18-04-2022, 10:29 PM
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I accepted an offer by KPMG as an audit associate and they recently told me to complete a game assessment. Just to ask if my offer will get rescinded if I fail the assessment?
Fresh grad or exp hire?

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  #6962 (permalink)  
Old 18-04-2022, 10:55 PM
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Fresh grad or exp hire?
Fresh grad

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  #6963 (permalink)  
Old 18-04-2022, 11:33 PM
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assuming u are high flyer.. it is quite common to have ppl 10yoe still M2/3.

BTW all big 4 should be around this range. excluding the 20%. so SM should be 8.5k +-
SM is currently already min 10K with the latest revision.
On Average, it takes 5 years to reach Mgr.
Thereafter, another 3 years to reach SM.

However, I know of a high flyer who took only 8 years to reach partner though

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  #6964 (permalink)  
Old 19-04-2022, 12:11 AM
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is big4 a good place for forensic data analysis positions? or manga is better for those?
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  #6965 (permalink)  
Old 19-04-2022, 06:05 AM
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SM is currently already min 10K with the latest revision.
On Average, it takes 5 years to reach Mgr.
Thereafter, another 3 years to reach SM.

However, I know of a high flyer who took only 8 years to reach partner though
And you are speaking for which big 4? You do know that the pay scheme for each big 4 is different right.
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  #6966 (permalink)  
Old 19-04-2022, 08:02 AM
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And you are speaking for which big 4? You do know that the pay scheme for each big 4 is different right.
I dont think there is a vast difference between the Big 4 Pay.

Y1 :- ~3.3K+
Y5:~6.5K+
Y8: 9k+
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  #6967 (permalink)  
Old 19-04-2022, 08:29 AM
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I dont think there is a vast difference between the Big 4 Pay.

Y1 :- ~3.3K+
Y5:~6.5K+
Y8: 9k+
Hmm cause i can tell you are wrong when i am in one of them?

Anyway, most people here only need to know the salaries at most till M. They wont smell the SM salaries.
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  #6968 (permalink)  
Old 19-04-2022, 09:32 AM
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Is it easier to rejoin as SM after a few years in other firms?
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  #6969 (permalink)  
Old 19-04-2022, 10:03 AM
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Is it easier to rejoin as SM after a few years in other firms?
Are you in big4 thinking about future plans, or looking to rejoin? If latter, have a chat with the big4 HR or your ex managers. I am sure they are happy to answer you.

If you leave as AM/M and want to join back as SM, I personally think that will be tough. It is an unusual transition although I did know of one SM who worked in commercial for a few years.

Audit is structured like an apprenticeship and sorts of disregard any experience that you have. It requires you to start from the bottom. If you join from mid tier, you might get discounted by 1-3 years of progression. If you left as M and want to leverage your commercial experience, I think tough luck too. Better off looking if there is some advisory (accounting / compliance / industry expert) related instead of assurance if you want to get the SM role in big4
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  #6970 (permalink)  
Old 19-04-2022, 10:10 AM
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Are you in big4 thinking about future plans, or looking to rejoin? If latter, have a chat with the big4 HR or your ex managers. I am sure they are happy to answer you.

If you leave as AM/M and want to join back as SM, I personally think that will be tough. It is an unusual transition although I did know of one SM who worked in commercial for a few years.

Audit is structured like an apprenticeship and sorts of disregard any experience that you have. It requires you to start from the bottom. If you join from mid tier, you might get discounted by 1-3 years of progression. If you left as M and want to leverage your commercial experience, I think tough luck too. Better off looking if there is some advisory (accounting / compliance / industry expert) related instead of assurance if you want to get the SM role in big4
Thanks for this. I was from EY's business consulting and left last year as an S2, and am currently working in a bank doing innovation and transformation. Was wondering the prospect of joining back as consulting is something that I'm still very much interested in doing.
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