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Q: Big4 - Yearly salary increment

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  #8061 (permalink)  
Old 18-06-2022, 01:59 AM
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Doing accountancy and finance in priv uni but idw to go big 4 audit sweatshop . Tips to pivot into corporate finance / IB / S&T appreciated.
lol private uni should go big 4. 2nd grade graduates

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  #8062 (permalink)  
Old 18-06-2022, 06:41 AM
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Boomer partners will fearmonger fresh grads and seniors saying that going commercial will get stuck, one day get outsourced by automation, nasty bosses, pigeonholed etc
Likewise to the HR too.

Really wish they can start thinking about paying their guys better 😉

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  #8063 (permalink)  
Old 18-06-2022, 11:21 AM
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If hr invited you to apply some entry level roles, what does it mean? They need people ?

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  #8064 (permalink)  
Old 18-06-2022, 11:53 PM
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how is the workload for it audit? as xiong as normal audit? then when is peak?
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  #8065 (permalink)  
Old 19-06-2022, 01:40 AM
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how is the workload for it audit? as xiong as normal audit? then when is peak?
read the business times article on audit.
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  #8066 (permalink)  
Old 19-06-2022, 09:43 AM
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Likewise to the HR too.

Really wish they can start thinking about paying their guys better 😉
Honestly donít think partners will raise salaries because it come out of their share - it takes kpmg to raise A1 salaries just so the rest follow. End of the day, audit is in industry which pays ok but high stability.
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  #8067 (permalink)  
Old 19-06-2022, 09:47 AM
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Honestly donít think partners will raise salaries because it come out of their share - it takes kpmg to raise A1 salaries just so the rest follow. End of the day, audit is in industry which pays ok but high stability.
High stability because dogs**t work bro. Warehouse packer and forklift driver also high stability because few wanna do it for long.
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  #8068 (permalink)  
Old 19-06-2022, 10:30 AM
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High stability because dogs**t work bro. Warehouse packer and forklift driver also high stability because few wanna do it for long.
True. Low entry barrier and easily replaceable.

Local u do audit is really a waste. Go tax/consultancy better.
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  #8069 (permalink)  
Old 19-06-2022, 11:34 AM
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You all keep talking about salary

But is salary the solution or not?

Even if Increase A1 pay to 4k, can attract and retain talents? People willing to do the long hours and have the right attitude to learn, follow up, and handle projects?

And if it is not the solution, what other aspects should the firms start looking at?
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  #8070 (permalink)  
Old 19-06-2022, 11:50 AM
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You all keep talking about salary

But is salary the solution or not?

Even if Increase A1 pay to 4k, can attract and retain talents? People willing to do the long hours and have the right attitude to learn, follow up, and handle projects?

And if it is not the solution, what other aspects should the firms start looking at?
Confirm yes.

Audit itself is da*n boring work. But so are most other jobs like IB, PE swe or law. U think churning DCF models as banker very interesting? Writing code as dev? Doing due diligence as lawyer? But they're prestigious because the pay is high.

Pay high enough n people will glamorize even the most boring jobs and want to join the sector. Pay like crap and even the most fulfilling jobs will be shunned.
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