Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

A competitive package so that we can discharge our duties well. How come we are paid so poorly? Like lower than MOE teachers in the other thread

MOE teachers are government jobs. They are not profit oriented. Their pay is from taxes.
Audit is different.
Partners need to earn a certain margin or else they will be known as low performers.
Partners also want high margin so they can have higher share of profits.
Auditors are employees, aka cost center.
Either they hire low salary employee to do a normal workload or hire a higher salary to do 5 person's job.

that is how it works.

Originally Posted by Unregistered

A competitive package so that we can discharge our duties well. How come we are paid so poorly? Like lower than MOE teachers in the other thread

Because it dont add value and is low end job anyone can do?
U know the answer.

Tell isca butchering and developing sg into accounting line is a fine line.

Meanwhile this industry can continue to hire jhk, especially b4. Lol

Everyone is clear who is butchering this industry.. just like decades ago what they did with UT and Engineering.

Who wakes up at 6am on a Sunday to come online talk to internet strangers lol

Originally Posted by Unregistered

Who wakes up at 6am on a Sunday to come online talk to internet strangers lol

i mean to be fair, maybe he need to OT on sunday so wake up early to start work

who knows, either way i think its damn depressing, dont bully him la bro, people still need work on weekends to make ends meet

Originally Posted by Unregistered

i mean to be fair, maybe he need to OT on sunday so wake up early to start work

who knows, either way i think its damn depressing, dont bully him la bro, people still need work on weekends to make ends meet

I think yall boomers rlly fcking pathetic sia.

Ppl wake up early, you also wan to kaopeh.

Come on la, while Big 4 pay cannot match IB/ CS, yall old dinosaur make it sound like associates are working for free kind. Hello now A1 also got 3.7k liao leh

Originally Posted by Unregistered

what dept? not even energy is so chill

Wont say where cus team is small, but just know that it exists. And we are hiring.

Originally Posted by Unregistered

I think yall boomers rlly fcking pathetic sia.

Ppl wake up early, you also wan to kaopeh.

Come on la, while Big 4 pay cannot match IB/ CS, yall old dinosaur make it sound like associates are working for free kind. Hello now A1 also got 3.7k liao leh

The entry requirements between Big and IB/CS are worlds apart, this isn’t even a fair comparison.

Enjoy your Sunday.

Originally Posted by Unregistered

The entry requirements between Big and IB/CS are worlds apart, this isn’t even a fair comparison.

Enjoy your Sunday.

Thanks for further proving my point. IB/ CS are way harder to get in, but even then most CS grads earn a starting pay of about 6-7k.

For a job that yall old dinosaurs love to put down and say stupid **** like ‘even JHK and private uni scrubs can do’, big 4 paying close to 4k for fresh grad not bad liao

Originally Posted by Unregistered

Thanks for further proving my point. IB/ CS are way harder to get in, but even then most CS grads earn a starting pay of about 6-7k.

For a job that yall old dinosaurs love to put down and say stupid **** like ‘even JHK and private uni scrubs can do’, big 4 paying close to 4k for fresh grad not bad liao

Could anyone share how many years does it typically take for a big 4 audit farmer to earn 7k? I am thinking 7k is the starting for Manager level - so 6 years at min?

Originally Posted by Unregistered

Thanks for further proving my point. IB/ CS are way harder to get in, but even then most CS grads earn a starting pay of about 6-7k.

For a job that yall old dinosaurs love to put down and say stupid **** like ‘even JHK and private uni scrubs can do’, big 4 paying close to 4k for fresh grad not bad liao

This stems from a few key factors:

1. Until a few years ago. Getting into accounting was hard. It was a min AAA/B course. However, because of this lack of interest and what not our dear NBS has tanked to a BBC/C or some **** course that everyone can get in. This degrades the local prestige and has affected the quality of local graduates.

2. Pay in the industry was stagnant at 3 for a good amount of time for a course that takes in AAA/B students. This is why theres a ton of complaints. However, the current starting is suitable for rubbish BBC/C students. Hence I would say it is reasonable because that is the skill level they are paying for.

3. The complaint comes from those who are better performing but also forced to join this stupid system of low pay, long hours with no promise of reward. This is a negative cycle that discourages good students from joining acc and as a result reduce the amount of good people in the profession and naturally, the quality of work.

So yes, 4k for scrubs to do work monkey can do is alright. But we dont want to be a profession that does things even monkeys can do. But in order for us to improve, it becomes a chicken and egg problem. Raise salaries > entice more ppl to join > quality improve. But the first thing that needs to be done is raise salaries for these monkeys before it can attract better people.