Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

Good choice! I'm in EY too.

Haha EY HR trying to promote? Heard you have a hard time recruiting slaves for peak. Max loh hei

Originally Posted by Unregistered

Haha EY HR trying to promote? Heard you have a hard time recruiting slaves for peak. Max loh hei

What's wrong with promoting a good company? We have rejuvenation day, and we build a better working world!

Originally Posted by Unregistered

What's wrong with promoting a good company? We have rejuvenation day, and we build a better working world!

What is this rejuvenation day?

Originally Posted by Unregistered

What is this rejuvenation day?

Some wayang thing by Max Loh Hei!

Originally Posted by Unregistered

Some wayang thing by Max Loh Hei!

Are you even in EY?

Originally Posted by Unregistered

This is just my personal observation and I have no statistic or evidence to back this up. It’s really subjective anyway - From speaking with friends, B4 doesn’t seem as attractive or appealing a starting choice for a career in 2021 as compared to 2013.

Is this because of the rise of other sectors such as Tech, or are Banks management associate programmes higher in remuneration, or just the idea that you need to put in hard work in earlier years to learn the ropes not desirable to fresh graduates?

Or perhaps the introduction of the Singapore Chartered Accountant Qualification, as compared to the previous 5 days Pre-Admission Course to become a Chartered Accountant also a factor?

imo, its a combination of the above factors. also to generalize a bit, the younger generation places work life balance higher up on their list of priorities. my observation is that it used to be people knew what they wanted when they come b4, go through the grindhouse use it as a stepping stone or whatever reason they want. nowadays it seems like they are here just because they dont know what to do and just know that coming big4 wont go wrong.

Can someone share about EY TMT department
-culture , prospects , growth

Originally Posted by Unregistered

imo, its a combination of the above factors. also to generalize a bit, the younger generation places work life balance higher up on their list of priorities. my observation is that it used to be people knew what they wanted when they come b4, go through the grindhouse use it as a stepping stone or whatever reason they want. nowadays it seems like they are here just because they dont know what to do and just know that coming big4 wont go wrong.

Where did the work life balance thing come from?

I didn’t hear much about it in back in my day but is it like the “in” thing now?

Originally Posted by Unregistered

This is just my personal observation and I have no statistic or evidence to back this up. It’s really subjective anyway - From speaking with friends, B4 doesn’t seem as attractive or appealing a starting choice for a career in 2021 as compared to 2013.

Is this because of the rise of other sectors such as Tech, or are Banks management associate programmes higher in remuneration, or just the idea that you need to put in hard work in earlier years to learn the ropes not desirable to fresh graduates?

Or perhaps the introduction of the Singapore Chartered Accountant Qualification, as compared to the previous 5 days Pre-Admission Course to become a Chartered Accountant also a factor?

Reason is very simple. The pay at Big 4 doesn't match up to other sectors and they have worse work life balance. Why would someone willingly go there unless they have nowhere else to go? Even if they wanted to make equity partner, they might as well work in an MNC/bank/govt as fresh grad first then come in as an experienced hire (e.g. Manager/Assoc Dir).

Originally Posted by Unregistered

This is just my personal observation and I have no statistic or evidence to back this up. It’s really subjective anyway - From speaking with friends, B4 doesn’t seem as attractive or appealing a starting choice for a career in 2021 as compared to 2013.

Is this because of the rise of other sectors such as Tech, or are Banks management associate programmes higher in remuneration, or just the idea that you need to put in hard work in earlier years to learn the ropes not desirable to fresh graduates?

Or perhaps the introduction of the Singapore Chartered Accountant Qualification, as compared to the previous 5 days Pre-Admission Course to become a Chartered Accountant also a factor?

There have been a couple of pay increment in (some of the common) Bank MA programmes between 2013 - 2021. Bank MA programme (or corporate MA programme) are the next natural choices for accountancy students, so it is not unusual if we see less willingness solely based on pay discrepancies.

I don't think people think so much about the CA qualification prior to joining. But yes, the new CA qualification requirement is a bloody waste of time and too taxing. They have already mugged for 3 or 4 years in universities, and they still have to mug again while oting in audit.