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Q: Big4 - Yearly salary increment

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  #12631 (permalink)  
Old 14-12-2023, 06:08 PM
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normally they let junior associate charge more to show that they are generating revenue for the firm. But you know la the fee is alr fixed. They just do it to grow the firm headcount
lol is that why they're hiring only interns and fresh grads but not seniors/managers now? only juniors generating revenue

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  #12632 (permalink)  
Old 14-12-2023, 06:30 PM
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Did anyone feel like their professional qualification helped them in securing a job? Not sure if I should keep at it or just dump it...

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  #12633 (permalink)  
Old 14-12-2023, 06:31 PM
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This is true. Last sentence is probably a troll.
Last sentence is the most true. Put some chio jhb then those young, impressionable male sinkie associates easily get smitten and carry all the workload for them.

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  #12634 (permalink)  
Old 14-12-2023, 07:45 PM
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"billable hours" is for internal tracking of "profitability" only. we bill clients based on a fixed feel-good figure, u work 100 hours or 200 hours also no difference in billed figure. not like lawyers work longer hours then ur invoice bigger.
accountants are good at shifting around make-believe numbers on excel sheets mah
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  #12635 (permalink)  
Old 14-12-2023, 08:41 PM
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I graduated late cause sec 5 plus poly, go in a while 30 already.
Leave when you reach senior. Don't stay more than 3 years. Those who stay too long in audit usually got some mental problem one
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  #12636 (permalink)  
Old 14-12-2023, 09:24 PM
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Leave when you reach senior. Don't stay more than 3 years. Those who stay too long in audit usually got some mental problem one
Yeah best to start looking for jobs once you're past your 2 year mark so you can leave once you get your SCA or whatever. Thought I'd stay for one more year since I couldn't find a good job outside this year but this job is giving me mental problems instead. I'm almost tempted to resign without a job but later future employers think I got mental problem instead...
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  #12637 (permalink)  
Old 14-12-2023, 09:30 PM
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Yeah best to start looking for jobs once you're past your 2 year mark so you can leave once you get your SCA or whatever. Thought I'd stay for one more year since I couldn't find a good job outside this year but this job is giving me mental problems instead. I'm almost tempted to resign without a job but later future employers think I got mental problem instead...
nobody cares. if you got the right skill and experience and is yandao or chiobu they will just overlook your resume gap or whatever. if bbfa then too bad lah
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  #12638 (permalink)  
Old 14-12-2023, 10:03 PM
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nobody cares. if you got the right skill and experience and is yandao or chiobu they will just overlook your resume gap or whatever. if bbfa then too bad lah
ah tiong spotted
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  #12639 (permalink)  
Old 14-12-2023, 10:13 PM
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Leave when you reach senior. Don't stay more than 3 years. Those who stay too long in audit usually got some mental problem one
LOL this is very true. I got one S2, everyday keep murmuring to himself one, somemore with exaggerated hand gesture. If you look at him from far, you would think that he came out of IMH for a holiday.
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  #12640 (permalink)  
Old 14-12-2023, 11:19 PM
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Hi everyone, if you guys feel jaded about peak let me share with you my journey

2009: Joined Big 4 as an Audit Associate
2011: Promoted to Audit Senior
2013: Promoted to Audit Assistant Mgr and seconded to NYC
2018: Promoted to Audit Senior Mgr
2021: Promoted to Audit Partner

I am not a high flyer per se however I am not the kind that seeks for instant gratification. Many of my peers left big 4 which creates an opportunity for me to rise up to partnership. One would be sensible to press on when everyone else leaves because it would mean less competition for partnership.

I understand that peak is tough for you guys, but every dark clouds have a silver lining and look at the bright side. Big 4 is the only place that could provide you with lateral career trajectory, which translates to faster promotion and higher increments annually. During these 12 years of my career, there were many headhunters poaching me with lucrative offers. However, I rejected all these offers as my approach to career has always been a “long term investor” rather than a “short term trader”. Big 4 is equivalent to US stock market where there are many ups and downs throughout. However, if you are able to weather through all this hardships you will see lucrative gains and huge positive impact to your career as well as your life.
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