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 35% Drop In Job Vacancies, Any of you got problem getting job??

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mumeichan
post Oct 18 2013, 09:14 AM

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QUOTE(Dharma123 @ Oct 17 2013, 03:00 PM)
They are not worth 3k lah. No matter what. I have seen quality of the grad work (always need guidance), they are not even at par with RM2.3k leave alone 3k.

You cannot compare to bigger flippers in the US. If you want to compare then our exchange rate should be RM1 to USD1.
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I suppose that's why the talented ones don't wanna come back to Malaysia. Just being a full time assistant to a professor earns at least 2k pm USD there. And 40k pa is the lowest I can imagine as an international hire. And since most end up in consulting, big tech firms or FIs, they see 70k pa and above.

And well, most people only know Harvard MIT Oxford and Cambridge. So there doesn't seem to be a whole lot of advantage if someone is a foreign grad either.

This post has been edited by mumeichan: Oct 18 2013, 09:17 AM
mumeichan
post Oct 18 2013, 10:30 PM

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QUOTE(Dharma123 @ Oct 18 2013, 02:05 PM)
But i seen many PWC grad getting 2.4-2.8k but quality of work like 1.3k.

doh.gif
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For a chance to work with PWC's advisory team, I won't mind 2.4-2.8 at all. Hope those people leave and take other makan gaji job so there's some room for me

This post has been edited by mumeichan: Oct 18 2013, 10:31 PM
mumeichan
post Oct 19 2013, 08:51 AM

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QUOTE(alaskanbunny @ Oct 19 2013, 08:09 AM)
well, on the long term, a good coy will not stinge on the wage even if supply for employees is widely avail

also you compete on cost, increase you competencies instead...
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Well as a fresh grad, my academic qualifications are kinda maxed out already. Companies aren't considering me for a job either because I don't have a corporate experience or they think psychology is a 'dumb' degree.

After 2 months of job hunting, I'm now applying for internships instead of full time positions.

So I don't really have much of a choice to compete on cost. If that doesn't work either I guess I've no choice but to return to research in US and real with the troublesome visa.
mumeichan
post Oct 20 2013, 09:05 AM

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QUOTE(Dharma123 @ Oct 20 2013, 08:56 AM)
No they are not competent to receice 3k.

The financial statements are in good order. We provide the same every year, ok. Nowadays the gen Y auditors literally want the client to do everything for them. They ask you to prepare the schedule, then they ask us to find the supporting document for them, ensure I find more than 50% of the documentation. That is ridiculous ! They should go to the cupboard and do this themselves ! This is pure spoonfeeding.

My time at Deloitte, we prepare the schedules ourselves and we go look for the supporting. Thats why the client is so happy to have us around.

Another thing is that the audit assistants ask the same question every year. At least they can ask is, let say "Hi, from our working papers, we realise that every year according the accounting standards, you DR your Asset and DR your Accruals this way due to the specific of the industry, just want to confirm, do you still treat it this way in 2013?".

I be impress if the auditor ask like that. But what I get is this:,

"Why you Dr your Asset like this and then you credit your Accruals like that?"

It just show they not doing their homework and not refering back to previous year working papers. I have to waste my time to explain to them.

Also another thing is that the audit assistants are very QUIET. They don't like to mix with the client. We took them to a japanese restaurant, they order the most expensive stuff, then expecting them to mingle professionally (afterall they are paid RM3k becaus of their good professional attitude and skills), we find only the Audit Senior is the one who is proficient in conversing with us. When we try to break the ice with the audit assistants, they just gave a "one word" answer. I thought that best paid graduates tend to talk loudest because they want to stand out. Unfortunately, they are quiet people and this shows they not even worth RM3k a month even based on their ability to communicate with their clients.
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Side question, so from your stories I gather that pwc hires terrible people. So is it much better to start a career in Deloitte compared to pwc or is it just the same now.

This post has been edited by mumeichan: Oct 20 2013, 09:06 AM

 

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