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Q: Big4 - Yearly salary increment

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  #4311 (permalink)  
Old 18-12-2021, 02:39 PM
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Quote:
Originally Posted by Unregistered View Post
Lets compare big 4 SM to a senior manager at civil service

big 4 SM total salary : 12 K per month + 2 M PB = 168 K
Leave days - 18 per year

senior manager in civil service
10 K per month
bonuses : AWS ( 1 month) + PB ( 2 month ) + civil servant bonuses ( 2 months )
Total salary = 170 k
( To note, civil servants also get additional Medisave contribution per month depending on scheme )
Leave days : 22-26

So may I ask who wins
Uhm, 12k is actually on the lower end of a big4 SM's pay especially if you're in the deals/consulting practice. And if both are an average performer, it still takes a shorter amount of time to reach SM in big4 vs a SM/AD level or mx9 in civil service. Earning potential in big4 is higher and provides better exit opportunities too. But I'll admit it definitely loses out on the work life balance bit.

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  #4312 (permalink)  
Old 18-12-2021, 02:44 PM
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How many years to reach SM in civil service?

Do they accept second lower or third class honors degrees?

Can you just delegate out all your groundwork and purely be a project manager?



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  #4313 (permalink)  
Old 18-12-2021, 04:53 PM
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Originally Posted by Unregistered View Post
How many years to reach SM in civil service?

Do they accept second lower or third class honors degrees?

Can you just delegate out all your groundwork and purely be a project manager?
If you're not a government scholar, don't bother with civil service. Unless you're happy with average pay and average life

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  #4314 (permalink)  
Old 18-12-2021, 04:58 PM
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if 12k is the lower end of SM pay what is the higher end
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  #4315 (permalink)  
Old 18-12-2021, 05:00 PM
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Quote:
Originally Posted by Unregistered View Post
Lets compare big 4 SM to a senior manager at civil service

big 4 SM total salary : 12 K per month + 2 M PB = 168 K
Leave days - 18 per year

senior manager in civil service
10 K per month
bonuses : AWS ( 1 month) + PB ( 2 month ) + civil servant bonuses ( 2 months )
Total salary = 170 k
( To note, civil servants also get additional Medisave contribution per month depending on scheme )
Leave days : 22-26

So may I ask who wins
bro do you even know who can become senior manager in civil service? average farmer will never reach lah hahahaha so clown
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  #4316 (permalink)  
Old 18-12-2021, 05:32 PM
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bro do you even know who can become senior manager in civil service? average farmer will never reach lah hahahaha so clown
Can SM in Big4 jump over to become SM in civil service?
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  #4317 (permalink)  
Old 18-12-2021, 05:44 PM
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Quote:
Originally Posted by Unregistered View Post
Can SM in Big4 jump over to become SM in civil service?
Why not? The exposure you get in Big 4 is invaluable
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  #4318 (permalink)  
Old 18-12-2021, 06:47 PM
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Can SM in Big4 jump over to become SM in civil service?
if you are a partner in big4 means you have the caliber to jump to SM in civil service.else no
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  #4319 (permalink)  
Old 18-12-2021, 07:20 PM
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if you are a partner in big4 means you have the caliber to jump to SM in civil service.else no
Unlikely any partner will do this, unless you offer minister equivalent.
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  #4320 (permalink)  
Old 18-12-2021, 08:17 PM
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Why not? civil service directors can earn 300 k per annum and CFOs 500 k
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