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Q: Big4 - Yearly salary increment

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  #7561 (permalink)  
Old 21-05-2022, 05:05 PM
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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.

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  #7562 (permalink)  
Old 21-05-2022, 05:16 PM
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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

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  #7563 (permalink)  
Old 21-05-2022, 07:10 PM
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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?

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  #7564 (permalink)  
Old 21-05-2022, 07:39 PM
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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 isnít 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.
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  #7565 (permalink)  
Old 21-05-2022, 08:49 PM
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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.
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  #7566 (permalink)  
Old 21-05-2022, 09:20 PM
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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 ++
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  #7567 (permalink)  
Old 21-05-2022, 09:50 PM
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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
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  #7568 (permalink)  
Old 21-05-2022, 10:07 PM
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funny sia, u putting partner on the roadmap like its a natural and guaranteed progression
Itís not guaranteed but why wouldnít you be envisioning the best for yourself?

Even if you go commercial, you should be looking at CFO as end goal. Unless youíre not ambitious at all.
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  #7569 (permalink)  
Old 21-05-2022, 11:46 PM
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Now average joe can become partner?


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  #7570 (permalink)  
Old 22-05-2022, 12:26 AM
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Now average joe can become partner?
more like u have to have the same mafia mindset as the incumbent partners to be selected


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