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Q: Big4 - Yearly salary increment

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  #7801 (permalink)  
Old 01-06-2022, 11:14 PM
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No news one week after the interview with Big 4 does it mean GG? since i saw a lot ppl get offer the next day or next 2 days.
Which position? Local? Local uni? When’s your interview

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  #7802 (permalink)  
Old 01-06-2022, 11:19 PM
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But once the person hit equity partner the jhk will be earning way more than u loser

That is why jhk will always pwn sinkie because of their short sightedness.
Sigh I guess you're one of those kumgongs who drank too much Big4 Kool Aid and believe that partnership is guaranteed and can be attained just by outlasting other people.

This has been repeated many many times here: the progression model in Big 4 is LITERALLY BUILT around attrition, and leaving only a very small handful of candidates at the end of the day, to have a reasonable shot at partnership.

There is only a handful of available partner spots. A typical Big 4 firm literally cannot give out partnership spots to every SM-level survivor just because they refuse to quit. There is no business case to make every other SM a partner.

At every step of the way, the majority of survivors from the lower ranks will be weeded out one way or another. Whether by sheer burnout, or being subtly managed out (hinting to you that you will never make partner), or forever dangling the partnership carrot but never giving it to you and counting on you to give up eventually and quit.

You think you can beat the odds? The historical data doesn't lie. You think the thousands of other ex-Big 4 peeps didn't also have the same thinking or ambition as you when they first started out i.e. that they will try to outlast the rest of their peers?

Attaining partnership in Big 4 is like attaining COL and above rank in the SAF. Every sign-on officer wants to reach that rank and hopes to get there by outlasting his peers. But there are only so many COL and BG slots available.

SAF is counting on 80% of regulars to quit along the way, otherwise they'll have a big organizational and structural problem on their hands, because there will be too many disgruntled hopefuls for COL positions and not enough space to justify keeping them all around.

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  #7803 (permalink)  
Old 01-06-2022, 11:22 PM
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Default Big 4 revised salary after increment 2022

Tiagong green,yellow and orange will be increasing pay to fight with blue. Anybody know what is the latest salary now for these 3 firms? Please help to fill in the figures everyone!! Thanks!!

Green:
A1-
A2-
S1-
S2-

Yellow:
A1-
A2-
S1-
S2

Orange:
A1-
A2-
S1-
S2-

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  #7804 (permalink)  
Old 02-06-2022, 12:00 AM
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Tiagong green,yellow and orange will be increasing pay to fight with blue. Anybody know what is the latest salary now for these 3 firms? Please help to fill in the figures everyone!! Thanks!!

Green:
A1-
A2-
S1-
S2-

Yellow:
A1-
A2-
S1-
S2

Orange:
A1-
A2-
S1-
S2-
Big 4 is not know for their starting pay and let’s start discussing about the pay for equity partners and above who are average because that’s where ugly ducklings turn into swans!!!

Partner Yr 1 = 300k
Partner Yr 2 = 350k
Partner Yr 3 = 400k
Partner Yr 4 = 500k
.
.
.
Senior Partner Yr 1 = 700k (around 50 year old)
Senior Partner Yr 2 = 800k
Senior Partner Yr 3 = 900k
Senior Partner Yr 4 = 1m
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  #7805 (permalink)  
Old 02-06-2022, 12:28 AM
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No news one week after the interview with Big 4 does it mean GG? since i saw a lot ppl get offer the next day or next 2 days.
Lol. I tot big 4 hiring anyone with 2 hands 2 legs
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  #7806 (permalink)  
Old 02-06-2022, 01:54 AM
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No news one week after the interview with Big 4 does it mean GG? since i saw a lot ppl get offer the next day or next 2 days.
Hi, I've received my offer for orange after third week of interview. Hopefully good news will arrive for u soon! Best of luck
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  #7807 (permalink)  
Old 02-06-2022, 01:57 AM
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Tiagong green,yellow and orange will be increasing pay to fight with blue. Anybody know what is the latest salary now for these 3 firms? Please help to fill in the figures everyone!! Thanks!!

Green:
A1-
A2-
S1-
S2-

Yellow:
A1-
A2-
S1-
S2

Orange:
A1-3.4 w/o bonus
A2-
S1-
S2-
Orange a1 3.4 w/o bonus
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  #7808 (permalink)  
Old 02-06-2022, 06:29 AM
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Orange a1 3.4 w/o bonus
What is this nonsense thing about increasing A1 pay without bonus. What objective the partners are trying to achieve from here lol. Hoping some fresh grad wouldn’t know how to count annual package? Lol.
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  #7809 (permalink)  
Old 02-06-2022, 08:59 AM
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What is this nonsense thing about increasing A1 pay without bonus. What objective the partners are trying to achieve from here lol. Hoping some fresh grad wouldn’t know how to count annual package? Lol.
orange partners act blur and full of ********. hope it comes back to bite them later on
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  #7810 (permalink)  
Old 02-06-2022, 10:26 AM
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3.4 is damn high compared to my time liao
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