Why Is Big 4 Salary So Low?

What Big 4 firm pays the most?

If you make it to partner level in the Big Four, there’s a clearer hierarchy, with Deloitte leading the charge.

In 2018/19 partners at Deloitte got paid an annual salary of £882k ($1.5m), PWC partners got £765k ($1m) each, partners at EY got £679k and partners at KPMG (which is cutting costs) got £640k..

Is it hard to get into the Big 4?

Getting into big 4 is not difficult task, anyone with rational accounting and finance background can apply, normally they hire twice a year. Once you are done with application process (usually online), you get called for an interview followed by a written test (in some scenarios).

Is it easy to get fired from Big 4?

It’s natural attrition. The Big 4 lifestyle is hard and its gets harder as you move up. Most people want to get in, work for a few years and then leave with great credentials. … The Big 4 won’t fire anyone unless absolutely necessary, either they are terrible at their job or they do something really bad.

Is it hard to get a job at Deloitte?

Deloitte is harder to get into than Harvard University based on the number of applicants it hires. It may become even more exclusive under a secret five-point plan by new global chief executive Punit Renjen. … Of 34,302 applicants for the class of 2016, Harvard accepted 2,032 students or 5.9 percent of the pool.

Is working for Big 4 worth it?

I have people that work for me that joined industry from school or one-year after public accounting and they earn half what I do. It’s always a choice, but, yes, Big Four is certainly worth it because it launches you much farther into your career. … Putting in time in a Big 4 firm is like a safe investment.

Why is audit pay so low?

Auditor’s pay is very low in singapore partially because there are no lack of graduates willing to go through the gruels of auditing to earn their CPA and to get that big four brand in that resume. the other reasons have to do with the year on year increase in pay, which outpaces most engineers anyday.