Q: Big4 - Yearly salary increment - Page 922 - 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
  #9211 (permalink)  
Old 05-10-2022, 10:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Anyone here personally knows a junior partner?

How much do they roughly earn and whats the buy in?
Will help me decide if the grind is worth it. I see my junior partner hardly comes to office, usually work from home and doesnt reply emails at night . I have no idea how busy she actually is , possibly busy , possibly not. Anyone can share some light? is partner workload very light - I assume so if you have a good SM
Buy in is roughly half a mil, but there will be financing plans for you for the buy in.
Annual compensation is around $400k for audit, but varies between firms. Depends on your portfolio too.

Reply With Quote
  #9212 (permalink)  
Old 05-10-2022, 11:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Hi guys, may i check if sqp is important? Do i need to pass sqp papers in order to get promoted to managerial positions in big 4 audit? Or it differs across the big 4s whereby some need but some dont need? Thank you all in advance

Reply With Quote
  #9213 (permalink)  
Old 06-10-2022, 12:35 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi guys, may i check if sqp is important? Do i need to pass sqp papers in order to get promoted to managerial positions in big 4 audit? Or it differs across the big 4s whereby some need but some dont need? Thank you all in advance
All the JHK where got sqp? Ask your big 4 management to wake up their idea.

Reply With Quote
  #9214 (permalink)  
Old 06-10-2022, 12:36 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Deloitte is fully committed to paying fair remuneration to its people. Sauce: currently in DT.

Management is not worried about losing staff at all, hence surely the pay must be competitive!
Management don't bother bringing competitive pay package because they know fresh grad are willing to throw themselves at them every year.

There you go. Updated your slogan for you.
Reply With Quote
  #9215 (permalink)  
Old 06-10-2022, 08:08 AM
Unregistered
Guest
 
Posts: n/a
Default

://.ft.com/content/4d014b21-c4f6-4562-ab33-48a51d0312b0
Accountants work to shed ‘boring’ tag amid hiring crisis

+++++++++++++
In her speech, Ho of the PCAOB identified lower starting salaries compared with other professions as a key problem. “Starting salary in the audit profession is lower than other professions, such as data scientists and IT professionals,” she said. “In my opinion, this is a crisis. We cannot afford a world with no accountants or a capital market with no auditors.”

The US Bureau of Labor Statistics found median annual salary for auditors and accountants nationally to be $77,250 for 2021, though pay for those at the largest firms is significantly higher. Social media forums and jobs boards often carry complaints from early-career accountants about gruelling hours, as well as low pay.
...
And Nasba’s Conrad said an economic downturn might help swing people back to the profession.

“When the economy is good, the market is good, there is a lot of M&A activity, people that might go into accounting may say they’ll go into finance,” she said. “If the economy starts to turn and we start to see lay-offs as we have recently among the investment banks, you may see people coming back to accounting.

“Accounting is solid. You can always get a job as a CPA.”
+++++++++++++

Looks like US auditors also complain about low pay. Although they should really look at what's being paid by sinkie Big 4. They will probably think its some kinda slavery level wage lol.

And the most hilarious thing of all, is when the body that's supposed to promote accounting as a career, publicly admits that their profession's greatest hiring strategy, is to catch those refugees who were laid off from the more prestigious investment banking jobs!

I'm sure this inspires confidence...
Reply With Quote
  #9216 (permalink)  
Old 06-10-2022, 08:08 AM
Unregistered
Guest
 
Posts: n/a
Default

L

Should I go KPMG or DT tax? Offered both places but they want me to drop rank to associate.

Any advice?
Reply With Quote

  #9217 (permalink)  
Old 06-10-2022, 09:30 AM
Unregistered
Guest
 
Posts: n/a
Default

Big 4 give you low pay and low rating and still think they're doing right
Reply With Quote
  #9218 (permalink)  
Old 06-10-2022, 01:18 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi guys, may i check if sqp is important? Do i need to pass sqp papers in order to get promoted to managerial positions in big 4 audit? Or it differs across the big 4s whereby some need but some dont need? Thank you all in advance
No need la but good to have.
Reply With Quote
  #9219 (permalink)  
Old 06-10-2022, 01:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
No need la but good to have.
Thanks for your reply. May i check which color/firm dont need? Because from what i understand is that some require sqp/cpa/acca in order to be promoted to mgr positions but i cant confirm that.
Reply With Quote
  #9220 (permalink)  
Old 06-10-2022, 02:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
L

Should I go KPMG or DT tax? Offered both places but they want me to drop rank to associate.

Any advice?
you are senior in a non big 4 isit? from
big 4 to big 4 shouldn’t drop rank
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
Is getting a PMP worth it ?
4 Replies, 7,062 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,309 Replies, 4,983,264 Views
Lawyer Salary ( 1 2 3... Last Page)
21,014 Replies, 10,329,157 Views
GovTech ( 1 2 3... Last Page)
5,161 Replies, 2,163,525 Views
Career as Teacher ( 1 2 3... Last Page)
10,833 Replies, 6,665,997 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,801 Replies, 1,044,019 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,346 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,573 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,902,620 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,413 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,371 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,773 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,015 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,770,313 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,455,133 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 309,126 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,918 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,805 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,130 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,407 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,560 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,205 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,502 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,575 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,495 Views
MX12 reappointed at MX11
8 Replies, 813 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,522 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,091 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,968 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,594 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 03:50 AM.


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