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25-02-2015, 10:29 AM
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Quote:
Originally Posted by Unregistered
Hey guys, does anyone know which of the big 4 firms have higher/lower retention rates of trainees?
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i think it is highly dependent on availability i.e. resignations typically (expansion rarely). from what i heard, the team i was in was not planning to retain the trainee last year but decided to do so after an associate tendered during that period and subsequently, another resigned.
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26-02-2015, 01:34 AM
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Quote:
Originally Posted by Unregistered
Starting pay was $6800 when I joined. Now, I hear that it is $4,800. I wonder if the excess supply of the bottom feeders will suppress the salary of the upper levels.
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is this with one of the big4 firms? *alarmed*
just signed as a trainee with one of them. worried abt prospects now.
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26-02-2015, 11:37 PM
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My starting pay is $8.5k. Local JV with foreign firm. Envious?
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26-02-2015, 11:52 PM
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Quote:
Originally Posted by Unregistered
is this with one of the big4 firms? *alarmed*
just signed as a trainee with one of them. worried abt prospects now.
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It depends. on your particular department and where there is work coming in. its also hard to say given a 2 year gap between your signing and you actually starting, what the market will actually be like then.
There's a big 4 firm in particular with a reputation for relatively poorer retention rate. hint: its one of the biggest by headcount (among the 4). best of luck
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27-02-2015, 04:24 AM
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Quote:
Originally Posted by Unregistered
I am sick of the penny pinching in the local firms. I am leaving for an off-shore firm soon. Just accepted the standing offer.
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Does this penny pinching extend to trainees' honorariums?
I've been hearing horror stories from friends abt how local grads are offering to undertake practice training without a honorarium just so they can qualify first. :/
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27-02-2015, 03:25 PM
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Quote:
Originally Posted by Unregistered
My starting pay is $8.5k. Local JV with foreign firm. Envious?
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JLVs and QFLPs usually don't give as much bonus? i'm in one now and a senior associate is paid about 150k per annum and up. that is not a lot?
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08-03-2015, 10:22 PM
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Quote:
Originally Posted by Unregistered
My starting pay is $8.5k. Local JV with foreign firm. Envious?
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envious of your work-life balance or lack thereof, fagot
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09-03-2015, 12:15 PM
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Quote:
Originally Posted by Unregistered
My starting pay is $8.5k. Local JV with foreign firm. Envious?
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which JV? ive also secured one and am wondering whats the starting pay as well haha.
anyways yes i heard the big 4 are cutting their starting salaries by up to 1k =0
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09-03-2015, 01:57 PM
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Quote:
Originally Posted by Unregistered
which JV? ive also secured one and am wondering whats the starting pay as well haha.
anyways yes i heard the big 4 are cutting their starting salaries by up to 1k =0
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you secured and they didn't tell u?
Big 4 pays competitively? From the 2014 survey it seems like average pay is about 5.5k.
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