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-   -   Q: Big4 - Yearly salary increment (https://forums.salary.sg/income-jobs/1506-q-big4-yearly-salary-increment.html)

Unregistered 18-10-2021 12:39 PM
Quote:
Originally Posted by Unregistered (Post 186914)
how am i supposed to claim from buying food from hawker centre lol ask the uncle to draw out a receipt for me???
Just go Lau pa sat and eat lor. Give you free food still want to complain stupid auditor.

Unregistered 18-10-2021 12:46 PM
No, EY sm3 15 k right based on this forum earlier posts ? Anyone can verify

Unregistered 18-10-2021 12:56 PM
I am talking about sm1 8k to 9k. SM3 would be 11k to 12k.

Unregistered 18-10-2021 01:35 PM
Ok with pay and nature of work and can endure the hours, stay. Not ok, look for job.

A lot of SM don't cater enough time to manage the job, which is unfortunate for people in that engagement. They are probably busy (client management, partner management), and do not see the need to prioritize the actual audit process. So hope you have a super tokgong senior or AM, although they are probably super busy too.

Unregistered 18-10-2021 01:36 PM
Quote:
Originally Posted by Unregistered (Post 186945)
Ok with pay and nature of work and can endure the hours, stay. Not ok, look for job.

A lot of SM don't cater enough time to manage the job, which is unfortunate for people in that engagement. They are probably busy (client management, partner management), and do not see the need to prioritize the actual audit process. So hope you have a super tokgong senior or AM, although they are probably super busy too.
In a couple of years, you will become the senior or AM also then you will understand lo

Unregistered 18-10-2021 01:40 PM
Is EY junior partner given equity shares?

Unregistered 18-10-2021 01:45 PM
Don't be quick to judge your senior manager. Senior manager job is to supervise and delegate. They did nothing wrong in doing so . IT is a managerial post

Unregistered 18-10-2021 03:08 PM
I am from a mid-tier firm, looking at all you big 4 losers crying about OT and all really makes me lawllsss

Unregistered 18-10-2021 03:21 PM
Quote:
Originally Posted by Unregistered (Post 186958)
I am from a mid-tier firm, looking at all you big 4 losers crying about OT and all really makes me lawllsss
They don’t know how to set boundaries. Big 4 knows 30-40 yo staff are rebellious and will never hire them. They will hire young female fresh graduates right of uni who are Yes man

Unregistered 18-10-2021 03:46 PM
Quote:
Originally Posted by Unregistered (Post 186960)
They don’t know how to set boundaries. Big 4 knows 30-40 yo staff are rebellious and will never hire them. They will hire young female fresh graduates right of uni who are Yes man
Maybe for millennials but Gen Z tend to prefer more work life balance.

Unregistered 18-10-2021 05:53 PM
PWC vs KPMG
 
Just received offer from both firms for the position of Audit Associate, can't decide which to go too. Anyone here able to shed some light on the differences between the two firms? Which firm is better in general?

Unregistered 18-10-2021 05:56 PM
Quote:
Originally Posted by Unregistered (Post 186974)
Just received offer from both firms for the position of Audit Associate, can't decide which to go too. Anyone here able to shed some light on the differences between the two firms? Which firm is better in general?
You don’t tell us which 2 firms then how we know? EY is the worst

Unregistered 18-10-2021 06:01 PM
Quote:
Originally Posted by Unregistered (Post 186974)
Just received offer from both firms for the position of Audit Associate, can't decide which to go too. Anyone here able to shed some light on the differences between the two firms? Which firm is better in general?
KPMG - company's culture is good, HR actively trying to communicate with the whole organisation with monthly events etc etc

They got clubhouse where they got beer taps and there's on-going promo on every Monday (can someone from blue firm confirm this) but too bad now due to pandemic they're closed

and also blue pays 20% more for your salary once u completed your SQ s://.straitstimes.com/business/banking/kpmg-to-give-20-pay-bump-to-auditors-for-chartered-accountant-qualification

PwC - a lot of big clients = more exposure + the tech wise, they're more advanced

Unregistered 18-10-2021 06:04 PM
Quote:
Originally Posted by Unregistered (Post 186976)
You don’t tell us which 2 firms then how we know? EY is the worst
absolutely correct, ey is the real sweatshop, just wondering does the other big 4s have to tank 3 jobs at one go? i mean 2 jobs concurrently is still acceptable but 3 jobs tho?

Unregistered 18-10-2021 06:14 PM
Quote:
Originally Posted by Unregistered (Post 186976)
You don’t tell us which 2 firms then how we know? EY is the worst
His post title got put lah. See carefully

Unregistered 18-10-2021 06:15 PM
Quote:
Originally Posted by Unregistered (Post 186976)
You don’t tell us which 2 firms then how we know? EY is the worst
I meant PWC and KPMG hahaha thanks in advance

Unregistered 18-10-2021 06:20 PM
Can someone shed some light? Is EY junior partner given equity

Unregistered 18-10-2021 06:25 PM
Is there pressure on Big 4 auditors to look good ? All carrying branded bags , wearing branded jewellery etc

Unregistered 18-10-2021 06:27 PM
Quote:
Originally Posted by Unregistered (Post 186988)
Is there pressure on Big 4 auditors to look good ? All carrying branded bags , wearing branded jewellery etc
I thought they all wear G2000?

Unregistered 18-10-2021 06:33 PM
Quote:
Originally Posted by Unregistered (Post 186988)
Is there pressure on Big 4 auditors to look good ? All carrying branded bags , wearing branded jewellery etc
Only have seen SMs and Partners wearing luxury clothes, bags, jewelleries.

Small fry like me is able to afford longchamp only

Unregistered 18-10-2021 06:37 PM
Quote:
Originally Posted by Unregistered (Post 186988)
Is there pressure on Big 4 auditors to look good ? All carrying branded bags , wearing branded jewellery etc
Maybe for partners and SMs. Staff preorder to wear smart casual.wear so nice for what? Not like the pay is good and company is like a sweatshop

Unregistered 18-10-2021 06:42 PM
Quote:
Originally Posted by Unregistered (Post 186988)
Is there pressure on Big 4 auditors to look good ? All carrying branded bags , wearing branded jewellery etc
thats only for investment bankers and MBB consultants lmao

Unregistered 18-10-2021 06:44 PM
Quote:
Originally Posted by Unregistered (Post 186908)
10% is from the perspective of SM?

Cause the odds from A1 should be much lower? I recall a senior told me every year they take in 100+ new associates but most are gone by S3 year.

Anyway yes, it’s all about the hopes of being that 1%.
S3 in yellow are mostly those who joined from mid tier or transferred from Malaysia. The original batch who remain in S3 year can count with one hand

Unregistered 18-10-2021 06:44 PM
Quote:
Originally Posted by Unregistered (Post 186980)
KPMG - company's culture is good, HR actively trying to communicate with the whole organisation with monthly events etc etc

They got clubhouse where they got beer taps and there's on-going promo on every Monday (can someone from blue firm confirm this) but too bad now due to pandemic they're closed

and also blue pays 20% more for your salary once u completed your SQ s://.straitstimes.com/business/banking/kpmg-to-give-20-pay-bump-to-auditors-for-chartered-accountant-qualification

PwC - a lot of big clients = more exposure + the tech wise, they're more advanced

Hi may I ask if it’s for tax, which big 4 firm is better?

Unregistered 18-10-2021 07:24 PM
Quote:
Originally Posted by Unregistered (Post 186895)
Insurance agent is a good path for unintelligent ppl, frankly. Those not book smart but street smart and shameless/thick skinned.

It has nothing to do with value to society; the value insurance agents brng to society is absolutely zero. It is just how our society is structured and the greed of the local life insurance market to require captive agencies.

There's no industry impetus for the insurers to cut out the middleman parasitic agents
when there's a massive pool of low-cost labor / fresh grads easily lured in by promise of easy riches to become agents. Same with the property agent sector too

If you think you don't hv the brainpower to work in a real advisory sector and are the ambitious striver sort who's willing to hustle, insurance sales is a good option.

But if you're ambitious and want to be intellectually stimulated, then join IB tech law consulting or smth like that. Some people need that intellectual challenge from a job.
We do not care about whether the job value adds to the society or if it is intellectual stimulating. What keeps us going is the fat paycheck we receive from selling high commission ILPs. Who cares about value adding its just plain ******** or kool aid advice most people received.

Is a dog eat dog world outside my friend. Only those who are thick skinned and cunning wins the rat race :)

Unregistered 18-10-2021 07:32 PM
Quote:
Originally Posted by Unregistered (Post 186996)
We do not care about whether the job value adds to the society or if it is intellectual stimulating. What keeps us going is the fat paycheck we receive from selling high commission ILPs. Who cares about value adding its just plain ******** or kool aid advice most people received.

Is a dog eat dog world outside my friend. Only those who are thick skinned and cunning wins the rat race :)
What is your hp no. I want to buy from you.

Unregistered 18-10-2021 07:41 PM
Quote:
Originally Posted by Unregistered (Post 186980)
KPMG - company's culture is good, HR actively trying to communicate with the whole organisation with monthly events etc etc

They got clubhouse where they got beer taps and there's on-going promo on every Monday (can someone from blue firm confirm this) but too bad now due to pandemic they're closed

and also blue pays 20% more for your salary once u completed your SQ s://.straitstimes.com/business/banking/kpmg-to-give-20-pay-bump-to-auditors-for-chartered-accountant-qualification

PwC - a lot of big clients = more exposure + the tech wise, they're more advanced
Cool. Does that mean that PwC's pay is 20% lower than KPMG from 3rd year onwards?

Unregistered 18-10-2021 07:57 PM
Quote:
Originally Posted by Unregistered (Post 186995)
Hi may I ask if it’s for tax, which big 4 firm is better?
this one idk hahaha, i am not in tax line but firm wise pwc and kpmg!

Unregistered 18-10-2021 07:59 PM
Quote:
Originally Posted by Unregistered (Post 186998)
Cool. Does that mean that PwC's pay is 20% lower than KPMG from 3rd year onwards?
if clear all the sq papers then yes. i think by the time you clear liao alr AM no meh

Unregistered 18-10-2021 08:14 PM
Quote:
Originally Posted by Unregistered (Post 186996)
We do not care about whether the job value adds to the society or if it is intellectual stimulating. What keeps us going is the fat paycheck we receive from selling high commission ILPs. Who cares about value adding its just plain ******** or kool aid advice most people received.

Is a dog eat dog world outside my friend. Only those who are thick skinned and cunning wins the rat race :)
Bro i agree with your advice its a dog eat dog world and zero sum game where one benefits from someone else's demise. I am a financial services advisory assistant director in one of the reputable insurance firms and I derive most of my income from my existing ILP clients and a team of FA under me (alllowing me to earn overriding commission income from their blood sweat effort). It took me 10 years to reach to reach this position and i am happy at where I am now today, where i exploit my team by pressuring them with demanding sales KPI to hit. This is where i am still able to survive in this industry today and living the luxurious life.

To everyone here, to succeed in life, you just need to learn how to make use of people around you to your own advantage yet at the same time tricking them that this is the process for their career growth. This is something where partners or CEO of any firms will never admit but it is true :)

Unregistered 18-10-2021 08:21 PM
Quote:
Originally Posted by Unregistered (Post 186998)
Cool. Does that mean that PwC's pay is 20% lower than KPMG from 3rd year onwards?
Oh god please stop rubbing this in

Unregistered 18-10-2021 08:30 PM
Quote:
Originally Posted by Unregistered (Post 187000)
if clear all the sq papers then yes. i think by the time you clear liao alr AM no meh
Tks. This is new to me. So when I hit AM with SCA, I should make a move to blue firm if I decide to stay in the industry.

Unregistered 18-10-2021 08:37 PM
my SM states junior partner in EY lardy equity partners, earn 300k

Unregistered 18-10-2021 08:53 PM
Quote:
Originally Posted by Unregistered (Post 187009)
my SM states junior partner in EY lardy equity partners, earn 300k
Songbo? Staff and senior slog like dog for a pittance while partners earn 300k and play golf and demand this and that from you. This is why I do the bare minimum.

Unregistered 18-10-2021 10:06 PM
Quote:
Originally Posted by Unregistered (Post 187012)
Songbo? Staff and senior slog like dog for a pittance while partners earn 300k and play golf and demand this and that from you. This is why I do the bare minimum.
You can Google it… it’s more than 300k unless you mean junior partners

Unregistered 18-10-2021 10:08 PM
Quote:
Originally Posted by Unregistered (Post 187016)
You can Google it… it’s more than 300k unless you mean junior partners
s://.big4bound.com/partner-compensation/amp/

It’s just beyond…

Unregistered 19-10-2021 12:14 AM
U all play Mir4?

Unregistered 19-10-2021 09:00 AM
Quote:
Originally Posted by Unregistered (Post 186992)
Maybe for partners and SMs. Staff preorder to wear smart casual.wear so nice for what? Not like the pay is good and company is like a sweatshop
Who will even look at you as a scrubby A1 or A2? LOL

Even AM also can jiak sai la.

Unregistered 19-10-2021 09:17 AM
Quote:
Originally Posted by Unregistered (Post 187038)
Who will even look at you as a scrubby A1 or A2? LOL

Even AM also can jiak sai la.
The only respectable position in big 4 is the partner where one has abundant wealth and perceivrd belief of being technically competent with accounting. Top tier partners easily 1m/year while his minions are making peanuts.

Unregistered 19-10-2021 09:43 AM
Quote:
Originally Posted by Unregistered (Post 187038)
Who will even look at you as a scrubby A1 or A2? LOL

Even AM also can jiak sai la.
Yellow only changed to flex attire in 2019. Wear so nice for what if your client is in some industrial estate. My client also wear t shirt and jeans. Funny thing is last time go back to office building also need to wear formal. Stupid. wear so nice but work like a dog


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