Q: Big4 - Yearly salary increment - Page 637 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Q: Big4 - Yearly salary increment

Reply
 
Thread Tools
  #6361 (permalink)  
Old 20-03-2022, 12:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Ya lor, my colleagues senior CMI also made mgr in Big 4 after 5 years of grinding
CMI still can make $7k/mth as Entry level mgr after 5 YOE

Easy to get mgr in Big 4 as long as long u willing to work like a OX
Second this. BIG 4 audit IS A brain dead job to Mgr level...
If you are not so smart, but can work hard...
Join Big 4 and cfm still can promote to mgr in 5 years....
7k/mth with 5 YOE not too shabby. Still at least 50 percentile of graduate pay with 5 YOE
Thereafter mgr liao just boss ppl around to slog for you (plenty of young sheep)
Farm 3 years more can hit SM. Then your Work life balance improved tremendously.
8 YOE can hit at least 10K+/month liao as SM. You will be in top 75% percentile liao for grad with 8 YOE

Avg grades? Avg IQ/EQ? No worries, Big 4 can offer you steady career path to earn 150K/annum by 30 (female) and by 32 (male)

For those with high IQ/EQ, still can chance to make junior partner at 10-12th mark to earn 400-500K/annum

Reply With Quote
  #6362 (permalink)  
Old 20-03-2022, 12:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Second this. BIG 4 audit IS A brain dead job to Mgr level...
If you are not so smart, but can work hard...
Join Big 4 and cfm still can promote to mgr in 5 years....
7k/mth with 5 YOE not too shabby. Still at least 50 percentile of graduate pay with 5 YOE
Thereafter mgr liao just boss ppl around to slog for you (plenty of young sheep)
Farm 3 years more can hit SM. Then your Work life balance improved tremendously.
8 YOE can hit at least 10K+/month liao as SM. You will be in top 75% percentile liao for grad with 8 YOE

Avg grades? Avg IQ/EQ? No worries, Big 4 can offer you steady career path to earn 150K/annum by 30 (female) and by 32 (male)

For those with high IQ/EQ, still can chance to make junior partner at 10-12th mark to earn 400-500K/annum
Say until so easy when only 10% are left at manager level.

Reply With Quote
  #6363 (permalink)  
Old 20-03-2022, 12:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Second this. BIG 4 audit IS A brain dead job to Mgr level...
If you are not so smart, but can work hard...
Join Big 4 and cfm still can promote to mgr in 5 years....
7k/mth with 5 YOE not too shabby. Still at least 50 percentile of graduate pay with 5 YOE
Thereafter mgr liao just boss ppl around to slog for you (plenty of young sheep)
Farm 3 years more can hit SM. Then your Work life balance improved tremendously.
8 YOE can hit at least 10K+/month liao as SM. You will be in top 75% percentile liao for grad with 8 YOE

Avg grades? Avg IQ/EQ? No worries, Big 4 can offer you steady career path to earn 150K/annum by 30 (female) and by 32 (male)

For those with high IQ/EQ, still can chance to make junior partner at 10-12th mark to earn 400-500K/annum
5 YOE - Basic 7K/month is average progression for graduates?
8 YOE - Basic 10k+/month is 75 percentiles for graduates?

OP is such a joke.
Lot of Ppl fresh grad tech/IB can already earn over 10K+ within 1-2 years

Reply With Quote
  #6364 (permalink)  
Old 20-03-2022, 12:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Lol since when manager do recruitment

At most senior managers may partake in interview process

But managers have no say in the salaries of associates
Managers did do interviews lah since when they dont.

Only HR and senior partners have a say on salaries.
Reply With Quote
  #6365 (permalink)  
Old 20-03-2022, 01:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Say until so easy when only 10% are left at manager level.
Not a lot of ppl willing to put in 70-80hrs/week and farm for 5 years for mgr.
Outside most Work life balance definitely much better than Big 4.

However, outside career progression is not as guaranteed as Big 4.
The norm:
5 YOE - Mgr
8 YOE - Snr Mgr

As long as you can stay.....
Reply With Quote
  #6366 (permalink)  
Old 20-03-2022, 01:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
5 YOE - Basic 7K/month is average progression for graduates?
8 YOE - Basic 10k+/month is 75 percentiles for graduates?

OP is such a joke.
Lot of Ppl fresh grad tech/IB can already earn over 10K+ within 1-2 years
I think the original post author is refering to graduates from all muti-disciplined jobs
Not everyone graduate with comp sci related degree or is able to make it to join IB
Reply With Quote

  #6367 (permalink)  
Old 20-03-2022, 01:15 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
This is only short term, which I believe is what they into. Once these countries are developed, there might be a chance that these ppl wont do it as well. Anw Good point, one of the highlight for my interview.

Furthermore, im suprise they are just into ocr, when google translate has been oit for so long...sg audit is really backward, i agree with this.
I'm the OP who posted that comment.

While I agree with all you said, I didn't mean "backwards looking" as in slow to take up new tech, although that is definitely a problem. I mean that the fundamental nature of audit is that it's a historical exercise. Looking 'backwards' for reporting. Essentially reactive in nature.

Clients are usually happy to pay a premium for forward-looking analysis (e.g. consulting advice). Most of audit is about looking backwards. Who is really happy to pay for that? It is a necessary evil required by law, nothing more.

That's why margins in this industry will forever be damn low. To increase margins, we must automate more, but that means less auditor jobs. It's a catch-22.
Reply With Quote
  #6368 (permalink)  
Old 20-03-2022, 02:36 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I'm the OP who posted that comment.

While I agree with all you said, I didn't mean "backwards looking" as in slow to take up new tech, although that is definitely a problem. I mean that the fundamental nature of audit is that it's a historical exercise. Looking 'backwards' for reporting. Essentially reactive in nature.

Clients are usually happy to pay a premium for forward-looking analysis (e.g. consulting advice). Most of audit is about looking backwards. Who is really happy to pay for that? It is a necessary evil required by law, nothing more.

That's why margins in this industry will forever be damn low. To increase margins, we must automate more, but that means less auditor jobs. It's a catch-22.
Previous OP here. Do agree with this. Imo auditors should also act as consultant to improve processes to add value. Hard fact is that both the auditors and client just dont see the value in audit, other than the general "improve creditability" sh1t.

Auditors want higher fee but client want lower fee for this no value added service. Further to that, mid managers have too much self interest. Not uncommon if you have the chance to work for different firm. No one really interested to make a change or improvement. Ppl just staying there to get paycheck and management ppl/minions, with politics.
Reply With Quote
  #6369 (permalink)  
Old 20-03-2022, 02:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I'm the OP who posted that comment.

While I agree with all you said, I didn't mean "backwards looking" as in slow to take up new tech, although that is definitely a problem. I mean that the fundamental nature of audit is that it's a historical exercise. Looking 'backwards' for reporting. Essentially reactive in nature.

Clients are usually happy to pay a premium for forward-looking analysis (e.g. consulting advice). Most of audit is about looking backwards. Who is really happy to pay for that? It is a necessary evil required by law, nothing more.

That's why margins in this industry will forever be damn low. To increase margins, we must automate more, but that means less auditor jobs. It's a catch-22.
Previous OP here. Do agree with this. Imo auditors should also act as consultant to improve processes to add value. Hard fact is that both the auditors and client just dont see the value in audit, other than the general "improve creditability" sh1t.

Auditors want higher fee but client want lower fee for this no value added service. Further to that, mid managers have too much self interest. Not uncommon if you have the chance to work for different firm. No one really interested to make a change or improvement. Ppl just staying there to get paycheck and management ppl/minions, with politics.
Reply With Quote
  #6370 (permalink)  
Old 20-03-2022, 02:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You secondary one, I secondary three.

You not happy with teacher, don’t take it out on me. I also student like you, just that I born two years earlier so upper sec only.
but you are paid more…

And on a day to day, I talk to you and take your instructions more than the “teachers”

So you alone should be responsible for my well-being and experience
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Salary Increment to be 5.2% Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Yearly increment Button Income and Jobs 29 06-01-2018 09:43 PM
Annual Increment for Civil Service 2011 bswuming87 Income and Jobs 4 10-04-2011 09:19 PM
Annual Increment 1nch3r Income and Jobs 0 12-11-2010 12:36 AM
Can your Increment beat Inflation? Salary.sg Investments and Net Worth 9 24-04-2008 03:37 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,319 Replies, 4,984,508 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,803 Replies, 1,045,024 Views
Career as Teacher ( 1 2 3... Last Page)
10,848 Replies, 6,669,769 Views
GovTech ( 1 2 3... Last Page)
5,163 Replies, 2,164,531 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,050 Replies, 440,687 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,491 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,239 Replies, 3,399,633 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,772,090 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
171 Replies, 309,461 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
680 Replies, 388,722 Views
Compare civil service salary ( 1 2 3... Last Page)
16,343 Replies, 12,457,474 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,330,619 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,226 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,457 Replies, 784,673 Views
Is getting a PMP worth it ?
4 Replies, 7,167 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,707 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,498 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,423 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,332 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,323 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,017 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,824 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,790 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,712 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,648 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,771 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,934 Views
MX12 reappointed at MX11
8 Replies, 845 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,688 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,448 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:31 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2