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Q: Big4 - Yearly salary increment

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  #13931 (permalink)  
Old 26-01-2024, 02:51 PM
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How much bonus do you get if you receive poor performance or even a PIP? 0.5 months?

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  #13932 (permalink)  
Old 26-01-2024, 03:08 PM
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If the OP resigned, who going do the 7 audit engagements?
There's always someone or you can pass it to managers in other depts. How small do you guys think the audit arm is?

I have an inkling which dept OP is from because the mass resignation caused the average portfolio at one time for each manager to double. The biggest issue right now is actually the lack of staff to even complete the work. Interns are slow, do not OT and need to go back to classes on some days. A1s are no better despite being full time. Their motivation also completely nosedived because every senior and manager were resigning in Dec and Jan in front of their eyes, compared to last time when they left during their training/chill season.

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  #13933 (permalink)  
Old 26-01-2024, 03:53 PM
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Originally Posted by Unregistered View Post
There's always someone or you can pass it to managers in other depts. How small do you guys think the audit arm is?

I have an inkling which dept OP is from because the mass resignation caused the average portfolio at one time for each manager to double. The biggest issue right now is actually the lack of staff to even complete the work. Interns are slow, do not OT and need to go back to classes on some days. A1s are no better despite being full time. Their motivation also completely nosedived because every senior and manager were resigning in Dec and Jan in front of their eyes, compared to last time when they left during their training/chill season.
That's why the managers in their 30s or 40s (born in 1980s and 1970s) are relying on the young blood new staff to complete the job.

All the 30s managers are really hoping the fresh perspectives and tech-savvy skills of the younger team members can inject some new life into the audit arm and help navigate through these challenging times.

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  #13934 (permalink)  
Old 26-01-2024, 04:14 PM
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No one here is from big 4 thats for sure
all clueless


Dont weak lah auditors. just ot and get it done. now so easy. with not much people quitting.

Big 4 attrition rate dropped to a new low of 25% only, almost half of usual so why all the cries about understaffing? Man up you wimps, understaffed my foot

s://.acra.gov.sg/docs/default-source/default-document-library/public-accountants/audit-quality-indicators-disclosure-framework/aqi---industry-information-(sep-2023).pdf
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  #13935 (permalink)  
Old 26-01-2024, 04:14 PM
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Quote:
Originally Posted by Unregistered View Post
There's always someone or you can pass it to managers in other depts. How small do you guys think the audit arm is?

I have an inkling which dept OP is from because the mass resignation caused the average portfolio at one time for each manager to double. The biggest issue right now is actually the lack of staff to even complete the work. Interns are slow, do not OT and need to go back to classes on some days. A1s are no better despite being full time. Their motivation also completely nosedived because every senior and manager were resigning in Dec and Jan in front of their eyes, compared to last time when they left during their training/chill season.
Why didn't the managers sound off to the partners and recruitment team for the lack of audit staff?
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  #13936 (permalink)  
Old 26-01-2024, 04:15 PM
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Quote:
Originally Posted by Unregistered View Post
No one here is from big 4 thats for sure
all clueless


Dont weak lah auditors. just ot and get it done. now so easy. with not much people quitting.

Big 4 attrition rate dropped to a new low of 25% only, almost half of usual so why all the cries about understaffing? Man up you wimps, understaffed my foot

s://.acra.gov.sg/docs/default-source/default-document-library/public-accountants/audit-quality-indicators-disclosure-framework/aqi---industry-information-(sep-2023).pdf
Something wrong with you URL file

Cannot really see
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  #13937 (permalink)  
Old 26-01-2024, 04:17 PM
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Something wrong with you URL file

Cannot really see
TLDR : audit as low attrition rates. aka sufficient staffing + reduced workload due to lost clients

What is OT? everyone goes home on time
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  #13938 (permalink)  
Old 26-01-2024, 04:24 PM
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TLDR : audit as low attrition rates. aka sufficient staffing + reduced workload due to lost clients

What is OT? everyone goes home on time

Audit manager A told Partner A

If I quit now, confirm other manager B to G cry one. Because their workload sure double.

Haha
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  #13939 (permalink)  
Old 26-01-2024, 04:30 PM
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Audit manager A told Partner A

If I quit now, confirm other manager B to G cry one. Because their workload sure double.

Haha
Partner A reply Audit manager A

If u quit now, u will take pay cut and doesnt mean u can find job even. Pls tell manager B to G also

Haha
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  #13940 (permalink)  
Old 26-01-2024, 05:14 PM
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Quote:
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Partner A reply Audit manager A

If u quit now, u will take pay cut and doesnt mean u can find job even. Pls tell manager B to G also

Haha
Plot twist

He came from a well to do family.
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