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 Big 4 Recruitment Drive_v2, All things Big 4 + others

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adrian1988
post Jan 2 2011, 11:03 AM

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Anyone can share EY TCE working culture and client type. By the way, how many years EY bond their staff for ACCA sponsor (3 years or 4 years).
SUSlalazaiaccountant
post Jan 2 2011, 05:21 PM

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Dats y I am not in audit anymore. I dun like the new person I am turning into.
VelVetDreAmzZz^_^
post Jan 2 2011, 06:42 PM

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Can someone enlighten bout the closing date for job application for each of the firm?
adrian1988
post Jan 2 2011, 09:07 PM

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QUOTE(VelVetDreAmzZz^_^ @ Jan 2 2011, 06:42 PM)
Can someone enlighten bout the closing date for job application for each of the firm?
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Throughout the year. You can sent in your resume (EY and deloitte) or apply through their online application system(PwC and KPMG) anytime.
Joycelee
post Jan 2 2011, 10:09 PM

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Dear all,

Smth to ask here..im a fresh grad with 2nd upper in commerce.
Do i qualified to apply in PWC?? is their requirement high??
Topace111
post Jan 2 2011, 11:39 PM

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QUOTE(adrian1988 @ Jan 2 2011, 11:03 AM)
Anyone can share EY TCE working culture and client type. By the way, how many years EY bond their staff for ACCA sponsor (3 years or 4 years).
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Emm highly depends whether you are working under a she or he. Acca = 3 years. TCE is basicly a rojak industry. The 3 biggest client makes up the T.C.E name.


Added on January 2, 2011, 11:42 pm
QUOTE(jolin_t @ Jan 2 2011, 06:55 AM)
If I not mistaken, peak allowance is given from Jan - April 2011 and will be paid lump sum in the month of April...Partners came up with this action because most of the seniors in Assurance Dept are not satisfied with their bonus practice...All this while, bonus is paid 60% in December and the remaining 40% in March...however, in 2009, they started to pay fully in October stating that it is to follow Far East branches...Now, in 2010, EY has changed back to old policy to retain most of their workers believing that their employees will go thru the peak with them if 40% of bonus is paid in March...With this, seniors are not satisfied and filed for petition to obtain answer from partner...I believe the salary revision is also an act to keep their staffs with them...I doubt the peak allowance and salary revision will have a huge jump...
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Their argument is, how can you recognize only 60% of our effort ? A lot will leave soon and I think this will be the easiest exit interview.

This post has been edited by Topace111: Jan 2 2011, 11:42 PM
CKJMark
post Jan 3 2011, 09:17 AM

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60/40 when the rest of the sister firms in the region pays 100% is rubbish. So much for regional management.

The salary revision and peak allowance is nice, particularly for junior staff, but I doubt it will be significant to make you change your mind about leaving if you want to leave. Will it be easy to claim the peak allowance? Right now AABS staff already have problems claiming overtime and meal allowances as it is.

This post has been edited by CKJMark: Jan 3 2011, 09:21 AM
TSThanatosSwiftfire
post Jan 4 2011, 11:12 AM

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Interestingly, I heard fresh new joiners are getting close to 3k in EY/KPMG. Anyone can confirm these hearsays?
fatfat88
post Jan 4 2011, 02:15 PM

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QUOTE(ThanatosSwiftfire @ Jan 4 2011, 11:12 AM)
Interestingly, I heard fresh new joiners are getting close to 3k in EY/KPMG. Anyone can confirm these hearsays?
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as i know, in kl-ey is offer rm2450 for fresh gradutes
while deloitee offer rm2500 for fresh gradutes for degree holder
CKJMark
post Jan 4 2011, 02:50 PM

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QUOTE(ThanatosSwiftfire @ Jan 4 2011, 11:12 AM)
Interestingly, I heard fresh new joiners are getting close to 3k in EY/KPMG. Anyone can confirm these hearsays?
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The last batch that joined was RM2450. But I heard there is a salary revision underway, actual quantum not confirmed yet.

Maybe the RM3K batch are those with professional qualifications?
Joycelee
post Jan 4 2011, 03:08 PM

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how about IBM salary range for Fresh Grad?
taxman
post Jan 4 2011, 03:09 PM

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if have 5 year experince in small firm for tax do you guy think those big will to pay 3k
SUSlalazaiaccountant
post Jan 4 2011, 04:24 PM

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QUOTE(taxman @ Jan 4 2011, 03:09 PM)
if have 5 year experince in small firm for tax do you guy think those big will to pay 3k
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Sure why not. But why want to waste ur life further? rclxub.gif
tambaididi
post Jan 4 2011, 05:34 PM

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guys, what is the interview process for BDO?
any test included?
is there particular things i should be notice before i go interview at BDO?
CKJMark
post Jan 4 2011, 05:45 PM

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QUOTE(taxman @ Jan 4 2011, 03:09 PM)
if have 5 year experince in small firm for tax do you guy think those big will to pay 3k
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Depends largely on how you negotiate your package and how you 'sell' your experience.

The number of years of service is not a real indication of experience. For example, I once worked with an employee that had 4 yrs experience in Labuan tax who could not handle even the most basic of tax computations outside of Labuan legislation.

Typically, Big 4 firms try to discount your experience from small/medium firms as "inadequate" and offer you a salary below their internal band, or at the lower end of the band. I've seen people who are more senior than me come in with below average salaries because they are not from Big 4 firms. They think very highly of themselves whether its justified or not.

When I talk about "experience", I don't mean just your experience doing tax comps, but your experience in other fields of tax work (i.e. advisory, appeals, audit negotiations, etc) and your experience managing staff (I assume with 5 years service you should be a senior level employee already).

You should check what is the market rate for your level of experience in Big 4, and negotiate from there. How much you secure depends on how valuable they think your experience will be, and how well you negotiate.

This post has been edited by CKJMark: Jan 4 2011, 05:46 PM
angelforth
post Jan 4 2011, 08:51 PM

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QUOTE(ThanatosSwiftfire @ Jan 4 2011, 11:12 AM)
Interestingly, I heard fresh new joiners are getting close to 3k in EY/KPMG. Anyone can confirm these hearsays?
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definitely more than 2450 at KPMG smile.gif but I don't think it is considered close to 3k yet not to me anyway
Itu_Dia_Man
post Jan 4 2011, 09:14 PM

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QUOTE(ThanatosSwiftfire @ Jan 4 2011, 11:12 AM)
Interestingly, I heard fresh new joiners are getting close to 3k in EY/KPMG. Anyone can confirm these hearsays?
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More than 2450, less than 3k in KPMG for freshies. Can only confirm final figures once payslip is out but definitely there is a revision of salary starting 2011. PwC didn't revise is it?
skycom
post Jan 4 2011, 10:17 PM

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I heard EY pay high bonus !
Topace111
post Jan 4 2011, 11:59 PM

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QUOTE(CKJMark @ Jan 4 2011, 05:45 PM)
Depends largely on how you negotiate your package and how you 'sell' your experience.

The number of years of service is not a real indication of experience.  For example, I once worked with an employee that had 4 yrs experience in Labuan tax who could not handle even the most basic of tax computations outside of Labuan legislation. 

Typically, Big 4 firms try to discount your experience from small/medium firms as "inadequate" and offer you a salary below their internal band, or at the lower end of the band.  I've seen people who are more senior than me come in with below average salaries because they are not from Big 4 firms.  They think very highly of themselves whether its justified or not.

When I talk about "experience", I don't mean just your experience doing tax comps, but your experience in other fields of tax work (i.e. advisory, appeals, audit negotiations, etc) and your experience managing staff (I assume with 5 years service you should be a senior level employee already).

You should check what is the market rate for your level of experience in Big 4, and negotiate from there.  How much you secure depends on how valuable they think your experience will be, and how well you negotiate.
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I thought labuan tax is either Rm20000 or 3% of audited net profit whichever is lower ? Dont know about all la but sound straight forward to me compared to MYS tax. Of course its harder for them to convert into MYS tax.


Added on January 5, 2011, 12:07 am
QUOTE(ThanatosSwiftfire @ Jan 4 2011, 11:12 AM)
Interestingly, I heard fresh new joiners are getting close to 3k in EY/KPMG. Anyone can confirm these hearsays?
*
That is Singapore standards for all big4, hence many jump there ady. Salary revision only effective on month of January 2011. Either way, if anyone decide to leave, the money won't change much especially the seniors.


Added on January 5, 2011, 12:12 am
QUOTE(CKJMark @ Jan 3 2011, 09:17 AM)
60/40 when the rest of the sister firms in the region pays 100% is rubbish.  So much for regional management.

The salary revision and peak allowance is nice, particularly for junior staff, but I doubt it will be significant to make you change your mind about leaving if you want to leave.  Will it be easy to claim the peak allowance?  Right now AABS staff already have problems claiming overtime and meal allowances as it is.
*
Bonus is not obligatory but many doubt its sincerity.

Meal allowance is easy to claim and approved but just adequate.
OT is easy to claim but on the part of approval, highly depends on the booking schedule and the engagement.

This post has been edited by Topace111: Jan 5 2011, 12:12 AM
TSThanatosSwiftfire
post Jan 5 2011, 09:13 AM

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QUOTE(Topace111 @ Jan 4 2011, 11:59 PM)
I thought labuan tax is either Rm20000 or 3% of audited net profit whichever is lower ? Dont know about all la but sound straight forward to me compared to MYS tax. Of course its harder for them to convert into MYS tax.


Added on January 5, 2011, 12:07 am

That is Singapore standards for all big4, hence many jump there ady. Salary revision only effective on month of January 2011. Either way, if anyone decide to leave, the money won't change much especially the seniors.


Added on January 5, 2011, 12:12 am

Bonus is not obligatory but many doubt its sincerity.

Meal allowance is easy to claim and approved but just adequate.
OT is easy to claim but on the part of approval, highly depends on the booking schedule and the engagement.
*
So when are you jumping over to SG?
The drought will only get worse.

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