| Today 02:36 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Not just audit but other service lines too.
But impacts audit more heavily due to the lower fees and margins. Would be great if the govt could step in to intervene with audit fees by setting a floor. And big four setting lower margin requirements - sorry partners
For a more sustainable industry?
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Dont know which firm you are in. Big4 Audit margins are high, engagement economics always look like **** because of cost accounting and all the inbuilt margins, in reality you can charge 16 hours per day @ $160 charge rate but your cost is still fixed to 4k.
Just pay attention during townhalls, audit profit margin is easily 30+% then take a look at your listcos profit margin.
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| Today 02:29 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Recently left, been searching for 9 months before that, left as manager and got 1 rank pay increment. I also know people who recently left and got 2 rank pay increase. All left for MNCs (they usually pay better)
Just know how you can bring value and sell it. If you can't sell that or don't know how you can value-add, then you deserve lower pay.
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9 months is pretty long. I hope I can get a job before Dec 24 peak. Based on the ppl above seems like going to be real bad
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| Today 02:24 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Same. I also been job searching since last year and feel hopeless when see co ask for 5yrs experience finance manager with salary 5k.
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Recently left, been searching for 9 months before that, left as manager and got 1 rank pay increment. I also know people who recently left and got 2 rank pay increase. All left for MNCs (they usually pay better)
Just know how you can bring value and sell it. If you can't sell that or don't know how you can value-add, then you deserve lower pay.
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| Today 08:19 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
bad. see the other reply about 3k for experienced staff. that's the reality even if you leave audit, no one will pay you above audit pay.
even if there is a well-paying role, expect it to be snatched by lowballing laid-off finance managers and controllers.
been looking for a role for so many months and contemplating an outright career change at this point.
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Same. I also been job searching since last year and feel hopeless when see co ask for 5yrs experience finance manager with salary 5k.
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| Yesterday 10:47 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
bad. see the other reply about 3k for experienced staff. that's the reality even if you leave audit, no one will pay you above audit pay.
even if there is a well-paying role, expect it to be snatched by lowballing laid-off finance managers and controllers.
been looking for a role for so many months and contemplating an outright career change at this point.
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Sounds like my experience. Always get to second and final round interview, then they'll say 'Nothing wrong with your experience, it's just that we went with a candidate with more years of relevant experience'. It's so depressing.
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| Yesterday 10:33 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
My fellow ex auditors, how’s the job market outside? Dun wan to stuck in this pitiful role leh, burnt out liao helpz
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bad. see the other reply about 3k for experienced staff. that's the reality even if you leave audit, no one will pay you above audit pay.
even if there is a well-paying role, expect it to be snatched by lowballing laid-off finance managers and controllers.
been looking for a role for so many months and contemplating an outright career change at this point.
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| Yesterday 09:59 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Saw one job advert say one small small startup finding finance executive, prerequisite is must come from big4, celery $3k. LOL siaobo
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They outsourcing ?
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| Yesterday 09:38 PM |
| Unregistered |
Saw one job advert say one small small startup finding finance executive, prerequisite is must come from big4, celery $3k. LOL siaobo
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| Yesterday 09:37 PM |
| Unregistered |
My fellow ex auditors, how’s the job market outside? Dun wan to stuck in this pitiful role leh, burnt out liao helpz
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| Yesterday 08:37 PM |
| Unregistered |
So only first year 4k then consecutive year go back to normal? Who will accept this?
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