Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

Am I missing something? Regardless whether it’s 5, 6 or 7 years to make manager - what’s the big deal earning 6k+ at the start of your 6th/7th/8th year?

Still dam little in my book

Go look at the banks/compliance boards. Nobody is saying it’s a big deal but merely correcting the misinformation perpetuated by anonymous persons. Salary trajectory is the same in big 4 and in these BO roles for an average performer as one progresses. Hope what you are drawing is a big deal “in your book” or whatever that is supposed to mean.

Originally Posted by Unregistered

Please don’t.

Banks BO/MO graduate programmes start at 4.5k on average and after 6-7 years these graduates would move on to VP (or at least at senior AVP level) earning 10k p.a. Better work life balance and bonuses as well (dependent on team — compliance averages 3 months)

This.

Actually have a few friends in BBs whom were freshly promoted to VP at the start of this year, drawing 11-12k base at their 7th year.

Originally Posted by Unregistered

This.

Actually have a few friends in BBs whom were freshly promoted to VP at the start of this year, drawing 11-12k base at their 7th year.

Bank and LinkedIn?

Originally Posted by Unregistered

Bank and LinkedIn?

JPM, GS and UBS respectively. They are pretty easy to find actually. Just google VP, location put SG. All of them were previously in the banks’ grad programme. The one in JP told me out of those remaining in his class, 3/7 got promoted to VP in their 7th year (fyi, they actually worked only for 6 years + 7/8 mths)

It is actually funny how someone is comparing Big 4 to Banks (even for MO/BO). Making 6k+ in your sixth year at Big 4 vs starting out at 4k+ & making at the very least 8k in banks at the 6th year mark... I know what I would choose (not like those in B4 has this option lol).

Better benefits and wlb too

Originally Posted by Unregistered

JPM, GS and UBS respectively. They are pretty easy to find actually. Just google VP, location put SG. All of them were previously in the banks’ grad programme. The one in JP told me out of those remaining in his class, 3/7 got promoted to VP in their 7th year (fyi, they actually worked only for 6 years + 7/8 mths)

What MO/BO divisions are these (Audit, Compliance, Risk, Ops, etc)? Don't need to specify exact roles/teams for confidentiality sake

Originally Posted by Unregistered

JPM, GS and UBS respectively. They are pretty easy to find actually. Just google VP, location put SG. All of them were previously in the banks’ grad programme. The one in JP told me out of those remaining in his class, 3/7 got promoted to VP in their 7th year (fyi, they actually worked only for 6 years + 7/8 mths)

did a search on linkedin and can't seem to find supporting proofs to validate your above statement?

Originally Posted by Unregistered

did a search on linkedin and can't seem to find supporting proofs to validate your above statement?

Really? It’s so simple I just did a simple search on JPM.

Jordan Ng, Kritika Rohera. Rest from other banks also quite easy to find.

Originally Posted by Unregistered

Am I missing something? Regardless whether it’s 5, 6 or 7 years to make manager - what’s the big deal earning 6k+ at the start of your 6th/7th/8th year?

Still dam little in my book

lol totally missing the point. people are trying to correct the fake news being spread that require 6-7 years to reach M in big 4 lah! 5 years is enough to be manager in big 4

Originally Posted by Unregistered

Really? It’s so simple I just did a simple search on JPM.

Jordan Ng, Kritika Rohera. Rest from other banks also quite easy to find.

ppl from big four trying to make themselves feel better. how to compare with those that are in banks grad programme?

u are working more and getting paid much less. get over it