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Q: Big4 - Yearly salary increment

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  #13381 (permalink)  
Old 03-01-2024, 08:22 AM
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Thanks to the partners and Ex mentor who guide me, and provided lots of support during my time in audit.

Was getting 2.5- 3 months bonus for every year during audit, took paycut to join commercial so that i can have different skills sets in my CV.


Left during SM level, right now in mnc as regional fm, forever grateful and appreciate to the connection that i had build over the past years allow me to land on this job.
Regional fm i hope u get 15k and above. If less than 10k get out of here..

I have regional assist fm. Less than 6k.

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  #13382 (permalink)  
Old 03-01-2024, 09:15 AM
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You and that OP also never state what role y’all applying to. If solely audit background only go apply data scientist of course tio rejected la
accountant and fp&a roles bro

everyone wants people who already familiar with posting entries on SAP, hyperion, all that

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  #13383 (permalink)  
Old 03-01-2024, 09:15 AM
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Thanks to the partners and Ex mentor who guide me, and provided lots of support during my time in audit.

Was getting 2.5- 3 months bonus for every year during audit, took paycut to join commercial so that i can have different skills sets in my CV.


Left during SM level, right now in mnc as regional fm, forever grateful and appreciate to the connection that i had build over the past years allow me to land on this job.
lol we're told to expect 1 month bonus as the norm now since "we raised your base" wahoo

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  #13384 (permalink)  
Old 03-01-2024, 09:24 AM
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accountant and fp&a roles bro

everyone wants people who already familiar with posting entries on SAP, hyperion, all that
I also won't hire an auditor who needs training. Not when you can hire an AP AR clerk desperate to upgrade their career or an auntie who already knows how to do all that and will be grateful for 3k salary.
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  #13385 (permalink)  
Old 03-01-2024, 09:49 AM
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I also won't hire an auditor who needs training. Not when you can hire an AP AR clerk desperate to upgrade their career or an auntie who already knows how to do all that and will be grateful for 3k salary.
I think this is the reason many get stuck.

No one really wants to pay 5 to 7k for someone who needs further training without commercial experience. Cannot even use SAP.

So far among those I know:
1) found someone who gave chance to train them. Eventually left with audit + commercial experience and did well but if you count the years, not really worthwhile.

2) stayed until SM, no life for 10 years, but went out into FC role where you don’t need to have SAP experience anymore
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  #13386 (permalink)  
Old 03-01-2024, 09:57 AM
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lol we're told to expect 1 month bonus as the norm now since "we raised your base" wahoo
Which firm, How much did they raise the base by?

What’s the net change to total compensation?
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  #13387 (permalink)  
Old 03-01-2024, 10:01 AM
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Which firm, How much did they raise the base by?

What’s the net change to total compensation?
it's the previous round of raise, there's no new raise this time.
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  #13388 (permalink)  
Old 03-01-2024, 10:06 AM
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I think this is the reason many get stuck.

No one really wants to pay 5 to 7k for someone who needs further training without commercial experience. Cannot even use SAP.

So far among those I know:
1) found someone who gave chance to train them. Eventually left with audit + commercial experience and did well but if you count the years, not really worthwhile.

2) stayed until SM, no life for 10 years, but went out into FC role where you don’t need to have SAP experience anymore
Audit is really not worth it, that's why I always laugh when idiots say audit has good exit opportunities. Hello, you go outside the years it take to reach the same salary is much shorter okay? Last year we started hiring data analysts or CS grads for financial analyst (junior FP&A) roles too. Companies would rather hire everyone except auditors.

If you really like accounting that much, just go MA or do full set instead of AP AR, then you won't have any issues.
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  #13389 (permalink)  
Old 03-01-2024, 10:59 AM
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I think this is the reason many get stuck.

No one really wants to pay 5 to 7k for someone who needs further training without commercial experience. Cannot even use SAP.

So far among those I know:
1) found someone who gave chance to train them. Eventually left with audit + commercial experience and did well but if you count the years, not really worthwhile.

2) stayed until SM, no life for 10 years, but went out into FC role where you don’t need to have SAP experience anymore
Sap only those real big co ba. Sap need go external training also.. unless u join those listed co with share price less than 10 cent 1 LOL. So not worth it. The fc role ard 10k but with shares option..
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  #13390 (permalink)  
Old 03-01-2024, 11:11 AM
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s://.straitstimes.com/business/task-force-set-up-to-persuade-more-to-take-up-accountancy-and-change-boring-tag

I thought esteemed PM Lawrence Wrong says nobody wanna join accounting because boring? Turns out it's really because of low pay, long hours, and can't even exit?
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