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Q: Big4 - Yearly salary increment

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  #12361 (permalink)  
Old 01-12-2023, 09:15 PM
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Always funny to see people arguing about random topics here regarding a stale and dead industry that no parent even encourages their children to join nowadays

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  #12362 (permalink)  
Old 01-12-2023, 09:18 PM
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mid tier got bond, so its not like they can leave if they want to leave

U got read overseas big 4 downsizing right? layoffs
Our local big 4 partner just riding the wave of the news even when we not hit.
Just pull up the numbers. Also who audits the townhall numbers? anyone wanna make a guess

but true, mid tier more satki than big 4 who only know vouching. Really depends on exposure also but big 4 clients usually have alot of things to vouch so associates usually spend most of their time vouching. Learn nothing after 2 years. when promote to senior already they will know.
How does bond work?

What happens if you just walk away?

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  #12363 (permalink)  
Old 01-12-2023, 09:20 PM
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Always funny to see people arguing about random topics here regarding a stale and dead industry that no parent even encourages their children to join nowadays
Cause demographic here is on the older side?

Was initially confused why some kept talking about 2012, so I tested them by making a reference only young ones would get, and no one replied to it.

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  #12364 (permalink)  
Old 01-12-2023, 09:22 PM
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the bonds is 1-2 years only which is not an issue since we only need senior and above. i think it's more because we've been saying we overhired last year and the attrition didn't come instantly after bonus, so they didn't bother hiring in aug/sep. My friends from mid tier couldn't get a single big 4 interview despite being managers/seniors.


depends on firm and team, in my first year i already had to learn to do walkthrough, controls, adjustments, all that.
ya my referral bonus was 0 this year. sad
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  #12365 (permalink)  
Old 01-12-2023, 09:24 PM
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How does bond work?

What happens if you just walk away?
You have to pay 2 years of salary regardless of how long you have worked. So even if you worked 1 month, you have to pay the whole 2 years.

Also, there's a 3-4 year laptop bond where you have to pay them for the laptop so if you leave before that, you have to pay them a few k... if you think big 4 is bad, mid tier takes the cake.
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  #12366 (permalink)  
Old 01-12-2023, 09:38 PM
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You have to pay 2 years of salary regardless of how long you have worked. So even if you worked 1 month, you have to pay the whole 2 years.

Also, there's a 3-4 year laptop bond where you have to pay them for the laptop so if you leave before that, you have to pay them a few k... if you think big 4 is bad, mid tier takes the cake.
Now mid tier still have this kind of requirement? Why not just hire those private diploma and degree
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  #12367 (permalink)  
Old 01-12-2023, 10:16 PM
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Always funny to see people arguing about random topics here regarding a stale and dead industry that no parent even encourages their children to join nowadays
gen z associates good life, no need to come forum rant. only grandpa seniors and managers come here
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  #12368 (permalink)  
Old 01-12-2023, 11:05 PM
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You have to pay 2 years of salary regardless of how long you have worked. So even if you worked 1 month, you have to pay the whole 2 years.

Also, there's a 3-4 year laptop bond where you have to pay them for the laptop so if you leave before that, you have to pay them a few k... if you think big 4 is bad, mid tier takes the cake.
behave like thugs and scammers

why must have laptop bond? what is this BS? Not like i steal and don't return their laptop when i resign. other companies also don't have this BS.
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  #12369 (permalink)  
Old 02-12-2023, 12:22 AM
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behave like thugs and scammers

why must have laptop bond? what is this BS? Not like i steal and don't return their laptop when i resign. other companies also don't have this BS.
A lot of the partners in mid tier are ex-big 4 themselves. Goes to show why the audit profession in Singapore will never improve.
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  #12370 (permalink)  
Old 02-12-2023, 12:33 AM
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Say what you want but I always knock off on time despite being for team lead in my project
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