| 08-02-2016 12:25 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Someone earning 5k elsewhere with normal working hours has a higher hourly salary than a manager in Big 4 earning 6-7k.
5k / (8 hours x 5 days x 4 weeks) = $31.25/hour
7k / (10 hours x 6 days x 4 weeks) = $29.16/hour
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Must also take into account difference in total package. Eg. Big 4 12 + 2 (variable) = 14 months, civil service 13 + 3 (variable) = 16 months. A civil servant can make lower monthly salary and yet still end up higher than Big 4.
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| 07-02-2016 10:44 PM |
| Unregistered |
Someone earning 5k elsewhere with normal working hours has a higher hourly salary than a manager in Big 4 earning 6-7k.
5k / (8 hours x 5 days x 4 weeks) = $31.25/hour
7k / (10 hours x 6 days x 4 weeks) = $29.16/hour
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| 06-02-2016 02:31 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
only mgt consulting is higher than audit. the rest like advisory, tax, transactions etc are same as audit.
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Bro, mgt consulting is advisory for big4. With the exception of Deloitte and now PwC, they brand it as Advisory to void several legal issues following the Enron scandal.
And yes, all roles start off at the same pay with the same shitty hours and shitty hourly pay. Better to join big4 advisory as an experienced hire than to rise through the ranks. Looking at tier2 firms only, Big4 will always advertise if their manager/director/partner are ex-accenture, atk, OW and so on in proposals but Accenture, atk, OW will never advertise that they are ex-pwc/ey/kpmg, Deloitte probably if they were S&O
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| 06-02-2016 01:35 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
I thought advisory pay usually higher than audit/tax?
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only mgt consulting is higher than audit. the rest like advisory, tax, transactions etc are same as audit.
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| 06-02-2016 01:11 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
I thought so too.
What's the difference in expectations between an associate and a senior associate?
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If enter as fresh grad, all start at assoc and same starting pay for all functions.
Assoc to Senior Assoc is natural progression, not much expectation differences.
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| 05-02-2016 10:30 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
I thought advisory pay usually higher than audit/tax?
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I thought so too.
What's the difference in expectations between an associate and a senior associate?
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| 05-02-2016 10:13 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
There is no difference bw advisory and audit - should be 3.4-3.5k
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I thought advisory pay usually higher than audit/tax?
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| 05-02-2016 03:42 PM |
| Unregistered |
In theory the fastest way to reach manager in Big 4 is 5 -6 years, but in reality many people will take longer like 7-8 years or even not able to promote to manager at all. Like previous poster say, if everyone promote to manager so fast, nobody left to do the work already. For every manager you need at least 4-5 associates/senior associates.
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| 05-02-2016 11:22 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
First year manager earns around 6.1-6.3k only. Another 2 years to reach 7.3k.
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My first year as Mgr was 7.3k. That was 4 years ago. Not sure about now.
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| 05-02-2016 11:03 AM |
| Unregistered |
mgr is not entitlement hor, some people get stuck below and miss the promotion. if everyone keep getting promoted who do the work?
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