Q: Big4 - Yearly salary increment

Why in yellow then isit for granted that SM with 16 years and no major issue can make partner if hang around?

Seems to be a thing thats happening on the ground also , so not just hearsay

Originally Posted by Unregistered

Why in yellow then isit for granted that SM with 16 years and no major issue can make partner if hang around?

Seems to be a thing thats happening on the ground also , so not just hearsay

Cos partnership is the new SM.

Isn't this simple math? If alot of partners for the same no. of engagements or audit fees, then the partner pay will be crappy or you are squeezing it out from somewhere? I think it is just the yellow bias that thinks that there are alot of jiakliaobee SM and partners, and hence the perception that it is easier to be partners in yellow. Or maybe yellow partners failed simple maths

Originally Posted by Unregistered

Why in yellow then isit for granted that SM with 16 years and no major issue can make partner if hang around?

Seems to be a thing thats happening on the ground also , so not just hearsay

Seconded what poster above says. Don't only look at title. Banks have rampant title inflation until every tom dick and harry is an AVP but means jack ****.

Look at potential drawings and upside.

Have audit fees been generally increasing or decreasing over the years? What about profit margins for audit line in general? Have the number of clients and engagements drastically increased?

Where do you see the industry heading in the next 10 years? Do you envisage regulatory changes that will bring about a massive expansion in the sector?

What is the main area of revenue growth for the Big 4s globally , and to some extent also apply in Singapore. Audit, or consulting?

I think you will find that the answers to the above qns are quite obvious. Then think about whether being an audit partner in Big 4 is really a good deal or not.

Most important thing is whether u have faith in the growth or sustainment of the sector.

Back in my uni days, my prof was a big 4 former associate partner , he quit his job to join a tech firm doing audit bot - which potentially helps the junior auditors have better hours / but be ware at the same time, will just shrink the demand for auditors further + further fees cutting due to automated processes

Increasingly mid tiers are eyeing for big 4 clients too cos they can afford to cut price

Think abt that

Why everyone here talking like they earn more than big 4 partner. Damn funny sia hahaha

The New Equation: Pwc to promote 10 new partners annually for the next 5 years.

s://.pwc.com/sg/en/the-new-equation.html

Originally Posted by Unregistered

The New Equation: Pwc to promote 10 new partners annually for the next 5 years.

s://.pwc.com/sg/en/the-new-equation.html

Hahaahahahaha

Originally Posted by Unregistered

Why in yellow then isit for granted that SM with 16 years and no major issue can make partner if hang around?

Seems to be a thing thats happening on the ground also , so not just hearsay

Ey definitely has the most partners. Overall most number of clients also

Originally Posted by Unregistered

The New Equation: Pwc to promote 10 new partners annually for the next 5 years.

s://.pwc.com/sg/en/the-new-equation.html

Brother this Friday the TOTO estimated 16m

Only cost you a dollar to have a chance

Originally Posted by Unregistered

Ey definitely has the most partners. Overall most number of clients also

Not surprising. Their leadership only cares about short term profit and work employees to death to feed these jiakliaobee partners