Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

For the average Joe. audit is still the way to go. Imagine drawing a monthly basic salary of $6300 at 30, thereafter $10,000 at 35 follow by $15,000 at 40 and having a shot to be at least a director or even partner with basic of above $20,000. When internal competition fades away cause of natural attrition, you become a vintage wine. Strong and steady progression without fear of replacement.

I am not an average joe.

Originally Posted by Unregistered

For the average Joe. audit is still the way to go. Imagine drawing a monthly basic salary of $6300 at 30, thereafter $10,000 at 35 follow by $15,000 at 40 and having a shot to be at least a director or even partner with basic of above $20,000. When internal competition fades away cause of natural attrition, you become a vintage wine. Strong and steady progression without fear of replacement.

Many left at 6.3k at M at 30 yo plus for 8 to 9k in commercial. Thats quite norm.. rather than 35

Originally Posted by Unregistered

For the average Joe. audit is still the way to go. Imagine drawing a monthly basic salary of $6300 at 30, thereafter $10,000 at 35 follow by $15,000 at 40 and having a shot to be at least a director or even partner with basic of above $20,000. When internal competition fades away cause of natural attrition, you become a vintage wine. Strong and steady progression without fear of replacement.

Commercial cannot compete meh?

Originally Posted by Unregistered

Auditor pay scale
A2: 3500
S1: 4200
S2: 4800
S3: 5400
M: 6200

Auditor Who left as S1 and get 20% increment, and 3% increment thereafter (adjusted for inflation)

S1: 5100
S2: 5253
S3: 5410
M: 5572

In terms of salary, Short term, commercial win. Long term, auditor win. This is something that most average joes fail to realize. Audit is like an ugly duckling that will eventually turn into a beautiful swan. Not even mentioning that auditor has a chance to become a partner, where sky is the limit

Life isn’t just about money. Once you reached a certain salary level, the incremental satisfaction from pay raise decreases. The upside of audit as a partner is limitless. But if you can make it as a partner, you can make it anywhere too.

Originally Posted by Unregistered

Auditor pay scale
A2: 3500
S1: 4200
S2: 4800
S3: 5400
M: 6200

Auditor Who left as S1 and get 20% increment, and 3% increment thereafter (adjusted for inflation)

S1: 5100
S2: 5253
S3: 5410
M: 5572

In terms of salary, Short term, commercial win. Long term, auditor win. This is something that most average joes fail to realize. Audit is like an ugly duckling that will eventually turn into a beautiful swan. Not even mentioning that auditor has a chance to become a partner, where sky is the limit

yea, though likely pay per hour in commercial is better.

Originally Posted by Unregistered

For the average Joe. audit is still the way to go. Imagine drawing a monthly basic salary of $6300 at 30, thereafter $10,000 at 35 follow by $15,000 at 40 and having a shot to be at least a director or even partner with basic of above $20,000. When internal competition fades away cause of natural attrition, you become a vintage wine. Strong and steady progression without fear of replacement.

This is too low.
Considering jc --> ntu route, start A1 at 24 years old
30 year old (M2): 7.5k
35 year old (SM4): 13k
40 year old (D): 18k
45 year old (P): 25k ++

Originally Posted by Unregistered

This is too low.
Considering jc --> ntu route, start A1 at 24 years old
30 year old (M2): 7.5k
35 year old (SM4): 13k
40 year old (D): 18k
45 year old (P): 25k ++

funny sia, u putting partner on the roadmap like its a natural and guaranteed progression

Originally Posted by Unregistered

funny sia, u putting partner on the roadmap like its a natural and guaranteed progression

It’s not guaranteed but why wouldn’t you be envisioning the best for yourself?

Even if you go commercial, you should be looking at CFO as end goal. Unless you’re not ambitious at all.

Now average joe can become partner?

Originally Posted by Unregistered

Now average joe can become partner?

more like u have to have the same mafia mindset as the incumbent partners to be selected