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It might even potentially be harder to leave after you get the CA 20% raise, because Commercial firms in general won't discriminate between the B4s.
If your last drawn is 20% higher than your peers, it would be comparatively cheaper for Commercial to match your peers last drawn than you. Are you then willing to lower expectations when you jump? If you are able to jump and get another 20% on top of your 20% then HUAT AH.. but I doubt this will happen commonly. |
Oh and above comments do not apply if your lifelong dream is just to stay in audit.
In which case, I give you my whole hearted blessings. |
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It is a must to get CA before leaving big4?
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Having more salary is bad? |
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Hi i have an accountancy background , not working in big 4.
May I check when does big 4 announce promotions and which month is PB paid Also whats the average PB for a well performer ? Thanks |
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Hi i have an accountancy background , not working in big 4.
May I check when does big 4 announce promotions and which month is PB paid Also whats the average PB for a well performer ? Thanks =========== I am specifically enquiring about EY |
So for PB , there are average , above average and excellent category right?
Is the above average also less than 2 months? That is extremely poor |
Anyone from Deloitte? Able to advise if they raising salary for the A1 to match other big4s?
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Heard orange firm offered some retention bonus to its existing staff. Whats the situation there like?
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> Heard orange firm offered some retention bonus to its existing staff. Whats the situation there like?
now you know all along big 4 can pay more, but partners unwilling to do so. All go into partner pockets. now the tides are turning, think next year will have even greater attrition |
What do you usually do during big 4 notice period? Is it normal not to do anything at all? Manager doesn’t seem to care anymore and most of the team members have already left or plan to resign so all heck care.
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you need a break |
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It can be irritating when you have a heck care manager. Thankfully, the client was appreciative. Can speak to the partner if you want to ensure that work is hand over properly. |
When does EY announce partner promotions?
Was looking at EY linkedin, noticed some people supposedly partner in 14-15 years ( thats fast , do they have some links to help them? eg) family of partners ) |
Traditionally, Big 4 audits large firms, heard now smaller enterprises also requesting for big 4, employees are overworked
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Has anyone ever witnessed SM getting scolded? Or isit just us small fries always getting scolded left right center
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The downfall of big 4 has begun
s://.afr.com/companies/professional-services/pwc-used-unqualified-staff-in-unbranded-hub-to-audit-asx-200-firms-20211105-p596as?utm_medium=social&utm_campaign=nc&utm_sourc e=Facebook&fbclid=IwAR1nz9RFsGkdfT3tEyt9Ak0c1llKtw cjk7Ba2HyDAWfTknZ_sjNYqIuw2TU#Echobox=1636430039 |
If only audit clients understand how much of the work performed is offshored
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How much do small firms pay for audit roughly
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Partners got scold SM ? I havent witnessed this? At EY, its always the manager bearing the brunt
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How much does big 4 charge larger firms
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I was rest day too like yellow
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Is it possible that more than 50% of the seniors and below level leave the company at one go? With the shortage of manpower and more regulatory requirements, seniors and associates are pretty much stressed out. I wonder if the Ministry of Manpower is aware of the current big 4 situation. SM and M just keep delegating work and seems endless
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I think you're asking whether MTI and MAS will care if a Big 4 is in jeopardy. No, I dont think they will intervene even if one of the local Big 4 collapses. One of the next tier firms like BDO or RSM can probably step up to fill the market space with the influx of refugees from the failed firm, just like what happened with Arthur Andersen in the US. Unlike the US where the Big 4 oligopoly is literally too important systemically, we don't have a lot of super-complex super integrated with the economy corporations to audit here. B4 isn't an irreplaceable top part of the pyramid here that one of the sub-B4 cant replace. |
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If you want the situation to improve, just write an anonymous email to ACRA to alert them on all the high risk audit engagements with no staffing so they can review and whack the big 4s. The leadership will only care when the reputation of the firm is at stake. |
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