Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

All those new A1 in yellow or grad going to join yellow. Better hold ur breath. Yellow seems possible to split audit n consulting already:

://.afr.com/companies/professional-services/ey-global-partners-to-discuss-split-timeline-as-rivals-see-opportunity-20220620-p5av5o

One rough timeline for EY’s plan to split the firm involves any proposal being issued to the firm’s estimated 12,000 partners around the globe by the end of August if the global leadership decide to proceed with the break-up, according to an industry source.

The timing and other details of the plan will likely be discussed at a meeting of senior EY partners from around the world scheduled for this week.
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The view of leaders at one rival big four consulting firm is that the current uncertainty around EY will be distracting to partners and those close to partnership. In this view, rivals will have an opportunity to win EY clients away from the firm and should look to recruit senior EY staff members.
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How does this affect me

Originally Posted by Unregistered

seriously? u are a uni grad and u wan to compare with "retail or fastfood garbage"?

is this really the bar that acc grads have set for themselves.

ya what's wrong??

u do know that degree holders in other fields like maritime and other ********, they are working as grabdelivery / mcdonald supervisor right?

have degree doesnt mean confirm wont work at retail or fastfood or other saikang jobs lol its a matter of whether ur degree relevant or not

thats why i compare bro

Originally Posted by Unregistered

ya what's wrong??

u do know that degree holders in other fields like maritime and other ********, they are working as grabdelivery / mcdonald supervisor right?

have degree doesnt mean confirm wont work at retail or fastfood or other saikang jobs lol its a matter of whether ur degree relevant or not

thats why i compare bro

LOL as an acc grad u should know that accounting / auditing can be done by Poly grads. The very proof is the fact that many Poly grads are hired in B4 . Even if we talk about degree holders, audit lets in thousands of grads from half f**k JHK universities and dunno what f**k sixth-tier or seventh-tier Aussie degree mills en masse.

Don't hv an over inflated sense of urself pls lol. If you're a BAcc grad from NUS/NTU/SMU, it just means you're kumgong & took a longer and more expensive route to reach the same destination as jiuhukias and Poly kias, and with the same outcomes as them.

What I’m bewildered is how everyone tell me Accountancy is one of the best courses ever and most prestigious outside of Law and Medicine when I was choosing a major

Then I did 2 years NS, 4 years degree, and 3 years in Big4 and now people tell me times have changed over the last 9 years

Wts?

Originally Posted by Unregistered

What I’m bewildered is how everyone tell me Accountancy is one of the best courses ever and most prestigious outside of Law and Medicine when I was choosing a major

Then I did 2 years NS, 4 years degree, and 3 years in Big4 and now people tell me times have changed over the last 9 years

Wts?

shagz, feels bad for u bro. hope lesser ppl end up like that and hope u are doing well for urself.

Originally Posted by Unregistered

What I’m bewildered is how everyone tell me Accountancy is one of the best courses ever and most prestigious outside of Law and Medicine when I was choosing a major

Then I did 2 years NS, 4 years degree, and 3 years in Big4 and now people tell me times have changed over the last 9 years

Wts?

Lol it doesn't pay to take career advice from boomers and the older generation, since they're information and data points are backward looking. They can only advise based on past experience, which is not indicative of future trends.

12 years ago accounting was still somewhat decent, albeit not the most prestigious (the Top 3 was medicine, dentistry and law at least for NUS), but the cracks were already showing at the seams. I still remember BAcc looking down on BBA thinking that the latter was less prestigious or rigorous.

The prestige of the course went downhill rapidly after 2012-2013.

With the rise of CS as the next newest prestigious major, lots of kids that couldn't or didn't want to study the Top 3 courses quickly hopped onto the CS bandwagon when they would have otherwise chosen Acc.

Same logic applies today.

Kids should be wary their ideal choice after 2 years NS and 4 years degree, the world may be in a different climate than today.

Who knows what’s 2028 going to be like.

LOL the difference is that trash kids who pick cs for the money will burn out and be hardstuck senior dev even after 10 years of experience. The reality is that it's not the field but the person. You could be a legend in big 4 if you are good. If you suck then it won't matter where you go lol.

Also tech will always be relevant and there's no limit to it. AI, faster network, newer phone, tech, etc.

But that doesn't mean any moron can just study CS and even reach the GES survey salary average. There's a ton of mediocre NTU NUS kids earning 4k while the ones who actually enjoy coding are earning 7-8k

Big 4 auditors slogging till 2am to 3am which tech boys work until 6pm and banging auditor's gf at night. What a cuckold

Originally Posted by Unregistered

Lol it doesn't pay to take career advice from boomers and the older generation, since they're information and data points are backward looking. They can only advise based on past experience, which is not indicative of future trends.

12 years ago accounting was still somewhat decent, albeit not the most prestigious (the Top 3 was medicine, dentistry and law at least for NUS), but the cracks were already showing at the seams. I still remember BAcc looking down on BBA thinking that the latter was less prestigious or rigorous.

The prestige of the course went downhill rapidly after 2012-2013.

With the rise of CS as the next newest prestigious major, lots of kids that couldn't or didn't want to study the Top 3 courses quickly hopped onto the CS bandwagon when they would have otherwise chosen Acc.

What seems to have changed around the 2012-2013 period are:
- Introduction of the local CPA CA exams
- Floodgate to bring in the JHK
- More foreigners filling up the sexy bank jobs, especially the high paying ones

Surely the kids witness these happening/been told by their parents/mentors of the reality happening out there.

With higher paying jobs available in other field which require less hours and lower stress, who in the right mind would torture themselves to do Acc and join the big 4 for "sense of achievement" and "self-satisfaction"? These people clearly doesn't understand what are opportunity costs involved.