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

Unregistered 18-11-2021 07:42 PM

Substantiate why you say EY has better welfare

Unregistered 18-11-2021 08:53 PM

Quote:

Originally Posted by Unregistered (Post 190472)
Substantiate why you say EY has better welfare

Then KP has better welfare?

Unregistered 18-11-2021 10:35 PM

LOL u all damn funny sia compare welfare. when u are in big 4 means no welfare liao la

Unregistered 18-11-2021 11:04 PM

Quote:

Originally Posted by Unregistered (Post 190493)
LOL u all damn funny sia compare welfare. when u are in big 4 means no welfare liao la

It’s a zoomer thing. Old gen like you don’t understand what we want.

Unregistered 19-11-2021 12:04 AM

Quote:

Originally Posted by Unregistered (Post 190471)
Hi may I ask should I go to pwc or KPMG financial service assurance if I plan to stay audit long term? Which has better clients and compensation

KP used to have a no. of bank jobs although some rotated out recently? why don't you check the annual reports of the various banks you know to get a sense. KP better in the sense that the FS audit team has FS and non FS jobs. So if you join and realize that you actually don't like to audit banks, can easily request for the non-bank jobs.

Unregistered 19-11-2021 11:36 AM

Quote:

Originally Posted by Unregistered (Post 190471)
Hi may I ask should I go to pwc or KPMG financial service assurance if I plan to stay audit long term? Which has better clients and compensation

Pwc has good culture

Unregistered 19-11-2021 12:24 PM

Quote:

Originally Posted by Unregistered (Post 190531)
Pwc has good culture

Is CA a must to go outside and say be a financial analyst? Or FP&A?

Unregistered 19-11-2021 02:04 PM

Quote:

Originally Posted by Unregistered (Post 190537)
Is CA a must to go outside and say be a financial analyst? Or FP&A?

Don't need, CA is just for signing of reports

Unregistered 19-11-2021 04:08 PM

Quote:

Originally Posted by Unregistered (Post 190457)
Whatever EY can offers, other Big 4 can offer the same, if not more.

Agreed. EY has one of the worst welfare compared to other B4. Even with the increment that was above and beyond the market rate, there’s a mass resignation now lol. Happy to leave this place after 4 years

Unregistered 19-11-2021 04:45 PM

Quote:

Originally Posted by Unregistered (Post 190557)
Agreed. EY has one of the worst welfare compared to other B4. Even with the increment that was above and beyond the market rate, there’s a mass resignation now lol. Happy to leave this place after 4 years

Congrats to you! ORD already

Unregistered 19-11-2021 06:37 PM

Quote:

Originally Posted by Unregistered (Post 190557)
Agreed. EY has one of the worst welfare compared to other B4. Even with the increment that was above and beyond the market rate, there’s a mass resignation now lol. Happy to leave this place after 4 years

I heard people there are concurrently following up on 3 to 4 jobs. Do 1 engagement already want to die still need to handle 3-4 jobs.

What the hell is wrong with EY? Then they pretend to be shocked when people suddenly quit.

They think throwing money can solve the mass resignation problem but ey s1/s2 salary is only $100 more than the rest

Don't even mention about the training or guidance. There is no training or guidance at all. Manager will just throw you tons of things to do and ask you random questions even though you are new to the engagement. Sometimes the manager is even unsure of certain stuff. Hello, you are paid $10k to understand the biz and guide the team. You expect senior or staff earning $3-4k to guide you?

Unregistered 19-11-2021 07:56 PM

Quote:

Originally Posted by Unregistered (Post 190581)
I heard people there are concurrently following up on 3 to 4 jobs. Do 1 engagement already want to die still need to handle 3-4 jobs.

What the hell is wrong with EY? Then they pretend to be shocked when people suddenly quit.

They think throwing money can solve the mass resignation problem but ey s1/s2 salary is only $100 more than the rest

Don't even mention about the training or guidance. There is no training or guidance at all. Manager will just throw you tons of things to do and ask you random questions even though you are new to the engagement. Sometimes the manager is even unsure of certain stuff. Hello, you are paid $10k to understand the biz and guide the team. You expect senior or staff earning $3-4k to guide you?

that's why work culture is important, you cant go for s1 job scope without mastering your a1 work yet! but seems like its the opposite for some firm hmm not to mention since its already widely known

Unregistered 19-11-2021 08:10 PM

Quote:

Originally Posted by Unregistered (Post 190581)
I heard people there are concurrently following up on 3 to 4 jobs. Do 1 engagement already want to die still need to handle 3-4 jobs.

What the hell is wrong with EY? Then they pretend to be shocked when people suddenly quit.

They think throwing money can solve the mass resignation problem but ey s1/s2 salary is only $100 more than the rest

Don't even mention about the training or guidance. There is no training or guidance at all. Manager will just throw you tons of things to do and ask you random questions even though you are new to the engagement. Sometimes the manager is even unsure of certain stuff. Hello, you are paid $10k to understand the biz and guide the team. You expect senior or staff earning $3-4k to guide you?


definitely agree on this

Unregistered 19-11-2021 08:53 PM

Quote:

Originally Posted by Unregistered (Post 190531)
Pwc has good culture

PwC appears to have a good culture.

Unregistered 19-11-2021 10:22 PM

You know a firm is gone and toxic when they keep hiring new managers and seniors. The new managers and seniors are new to all engagements and have no idea how to plan them. They will delegate the jobs downwards and the y1/y2 associates are expected to know seniors and above job scopes. Being new associates, they obviously have no idea how to do and start to quit... while the seniors and managers continue to get promoted and smoke their ways through

Unregistered 19-11-2021 10:26 PM

Quote:

Originally Posted by Unregistered (Post 190590)
PwC appears to have a good culture.

You said it. “Appears”. The truth is that post-covid all firms are facing even greater attrition rate than before. Of course the worst gets worse and the best deteriorates. What’s good is bad now tbh

Unregistered 20-11-2021 12:04 AM

Quote:

Originally Posted by Unregistered (Post 190605)
You know a firm is gone and toxic when they keep hiring new managers and seniors. The new managers and seniors are new to all engagements and have no idea how to plan them. They will delegate the jobs downwards and the y1/y2 associates are expected to know seniors and above job scopes. Being new associates, they obviously have no idea how to do and start to quit... while the seniors and managers continue to get promoted and smoke their ways through

You know a firm is gone case when they only have 1 A1 and 1 A2 handling a million dollar audit fee MNC client because all the seniors have left and they are unable to hire new seniors. Senior managers, managers and seniors are leaving in droves despite the pay hike and work from home.

Unregistered 20-11-2021 12:25 AM

Quote:

Originally Posted by Unregistered (Post 190537)
Is CA a must to go outside and say be a financial analyst? Or FP&A?

Depends on your goal. Some Finance Manager roles require at least a CA.

Unregistered 20-11-2021 01:08 AM

I just shut down my computer.

Unregistered 20-11-2021 01:09 AM

It Friday night…

Oh… Saturday already…

Unregistered 20-11-2021 01:25 AM

Quote:

Originally Posted by Unregistered (Post 190629)
I just shut down my computer.

thank you for saving us . do keep staying on this job ok

Unregistered 20-11-2021 08:59 AM

Since u say SMs are leaving yellow in droves. Those that stay back will get partner lor

Unregistered 20-11-2021 09:28 AM

Quote:

Originally Posted by Unregistered (Post 190671)
Since u say SMs are leaving yellow in droves. Those that stay back will get partner lor

Most of the SMs I encountered in EY have zero leadership skills and EQ. They don't know how to lead or guide but will blame you if anything goes wrong. Even some of the M1 and M2s have better EQ than them but of course these nice people tend to leave EY

Unregistered 20-11-2021 02:09 PM

But they will still become partner

Unregistered 20-11-2021 03:12 PM

Quote:

Originally Posted by Unregistered (Post 190671)
Since u say SMs are leaving yellow in droves. Those that stay back will get partner lor

SA3s who stay behind while their peers quit also have higher chances of getting promoted.

But is it worth it?

Unregistered 20-11-2021 05:11 PM

Quote:

Originally Posted by Unregistered (Post 190728)
SA3s who stay behind while their peers quit also have higher chances of getting promoted.

But is it worth it?

of course worth it. you are saving us !

Unregistered 20-11-2021 06:50 PM

Most SMs are females

Unregistered 20-11-2021 08:21 PM

This field is not suitable for anyone looking for a standard 8 to 5 office desk bound job.

Unregistered 20-11-2021 08:43 PM

Ya, so tempt to just go put in my two weeks!!!

Unregistered 20-11-2021 08:57 PM

Quote:

Originally Posted by Unregistered (Post 190743)
Most SMs are females


Most associates to SMs are females but most partners are males

Is there a specific reason why Big 4s prefer to hire females? My batch had 70% females, 30% males. Is it because females are more obedient, detail oriented?

Unregistered 20-11-2021 09:01 PM

Quote:

Originally Posted by Unregistered (Post 190750)
This field is not suitable for anyone looking for a standard 8 to 5 office desk bound job.

This field is retarded.

Working hours similar to investment bank but the pay is pathetic.

Working hours similar to resident doctors but they are saving lives while we are just detecting material misstatements.

Which idiot started all the OT nonsense when we are not even saving lives?

Unregistered 20-11-2021 09:30 PM

Exactly partners are mostly males , but SMs are mostly females

Unregistered 20-11-2021 09:32 PM

Accounting is not even a prestigious degree or job
Top percentage of cohort does law , medicine , dentistry etc

Neither as someone mentioned isit saving lives . I can understand if
People from above degrees work late but why should auditors. We are
Not rushing for a courtcase or surgery . We dont even get proceeds
From the audit fee .

What is the point
Wake up ur ideas people

Unregistered 20-11-2021 09:38 PM

Quote:

Originally Posted by Unregistered (Post 190757)
Accounting is not even a prestigious degree or job
Top percentage of cohort does law , medicine , dentistry etc

Neither as someone mentioned isit saving lives . I can understand if
People from above degrees work late but why should auditors. We are
Not rushing for a courtcase or surgery . We dont even get proceeds
From the audit fee .

What is the point
Wake up ur ideas people

The concept of Auditing is a relic of the 20th century. Numerous very high profile audit failures in the UK, EU, USA and China have shown that it is incapable of fulfilling its role in providing crucial info for the efficient operation of the financial markets.

It is high time for regulatory reform to replace this outmoded system with something else.

Unregistered 20-11-2021 09:59 PM

Then you all join for what? No one held a gun to your head to force you to join.

I have nowhere else to go that’s why I’m here and I’m not complaining.

Unregistered 20-11-2021 10:00 PM

Quote:

Originally Posted by Unregistered (Post 190757)
Accounting is not even a prestigious degree or job
Top percentage of cohort does law , medicine , dentistry etc

Neither as someone mentioned isit saving lives . I can understand if
People from above degrees work late but why should auditors. We are
Not rushing for a courtcase or surgery . We dont even get proceeds
From the audit fee .

What is the point
Wake up ur ideas people

Who ask you choose accounting in the first place? Because got a lot of girls inside? Then that’s on you for making an uninformed decision when you were young.

Unregistered 20-11-2021 11:56 PM

Quote:

Originally Posted by Unregistered (Post 190754)
This field is retarded.

Working hours similar to investment bank but the pay is pathetic.

Working hours similar to resident doctors but they are saving lives while we are just detecting material misstatements.

Which idiot started all the OT nonsense when we are not even saving lives?

The culture originated overseas I think, and it’s been this way for a long time.

The guy that started this culture has probably retired a long time ago.

Unregistered 21-11-2021 11:47 AM

Hi does anyone know what's the pay for kpmg audit as fch?

Unregistered 21-11-2021 12:14 PM

Quote:

Originally Posted by Unregistered (Post 190808)
Hi does anyone know what's the pay for kpmg audit as fch?

Why in the world would a FCH wanna join audit in the first place?

Unregistered 21-11-2021 12:26 PM

Quote:

Originally Posted by Unregistered (Post 190808)
Hi does anyone know what's the pay for kpmg audit as fch?

3200 10kkj


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