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Q: Big4 - Yearly salary increment

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  #14771 (permalink)  
Old 06-03-2024, 08:20 PM
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Its not an audit issue. Its a gen z issue. Even in investment banking lots of them quit within 2 years coz they can't take the heat. They thought they be wheelin and dealin when they got the 5 figure investment banking job only to realise they spend 16 hours a day running and checking excel spreadsheets and helping out their senior with writing prospectus. And if you think audit seniors are bad wait till you see investment banking seniors. 16 hours days, weekends, at beck and call, toxic abusive people, all these are the norm. You add up all the hours, weekend lost, lost relationship due to work, abuse etc, the pay is probably less than mcdonalds worker.
With 200k-300k savings they'll be fine... At least they can go open a cafe or startup with a great backstory.

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  #14772 (permalink)  
Old 07-03-2024, 01:09 AM
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With 200k-300k savings they'll be fine... At least they can go open a cafe or startup with a great backstory.
Ya lor. All those ex corporate workers who open cafe, bakery or restaurant featured in the news always say they're ex-banker or ex-lawyer. nobody ever says ex-auditor lmao

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  #14773 (permalink)  
Old 07-03-2024, 08:38 AM
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I got my PA licence

Any big4 don't dare to sign high risk cases, let me know

I can sign for you

Let me take over portfolio

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  #14774 (permalink)  
Old 07-03-2024, 09:56 AM
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Do yall really think is wise to move from Big 4 auditor (Front office role) to a Commercial accounting (Back office role)? I don’t think so because front office > back office

In big 4, auditors are generally considered front office because they are revenue generating but commercial accountants are not revenue generating thus back office
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  #14775 (permalink)  
Old 07-03-2024, 10:15 AM
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I got my PA licence

Any big4 don't dare to sign high risk cases, let me know

I can sign for you

Let me take over portfolio
I'm a humji kia

Can help me take over some of my high risk portfolio?
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  #14776 (permalink)  
Old 07-03-2024, 10:22 AM
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With 200k-300k savings they'll be fine... At least they can go open a cafe or startup with a great backstory.
You're joking right? Knn you 1st or second year junior you think can save $200k-$300k in 2 years? Don't kid yourself la. Bonus are nowhere near the astronomical sum these past 3 years after covid. Most are lucky to have their job. Besides, these people spend like crazy too.
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  #14777 (permalink)  
Old 07-03-2024, 10:23 AM
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Ya lor. All those ex corporate workers who open cafe, bakery or restaurant featured in the news always say they're ex-banker or ex-lawyer. nobody ever says ex-auditor lmao
They say you believe? All papa mama money they got tell you?
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  #14778 (permalink)  
Old 07-03-2024, 11:24 AM
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They say you believe? All papa mama money they got tell you?
Ya lor

Their papa mama easily fork out $1m let them waste also no problem
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  #14779 (permalink)  
Old 07-03-2024, 11:52 AM
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They say you believe? All papa mama money they got tell you?
That's totally missing the point.

The point is even an ex auditor who sets up a restaurant or cafe or bakery will not be introduced as an ex auditor, because auditors get zero respect or prestige from the general public.


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  #14780 (permalink)  
Old 07-03-2024, 12:57 PM
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That's totally missing the point.

The point is even an ex auditor who sets up a restaurant or cafe or bakery will not be introduced as an ex auditor, because auditors get zero respect or prestige from the general public.
So what's your point? That you spend your life trying to do things that get you respect from general public? What makes you think general even give 2 hoots about your proffession?

Lol at such betas trying hard to do live up to "gerenal public's perception".
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