The TRUTH About Working At The BIG 4 Firms: Watch This Before Joining! (PwC, Deloitte, KPMG, EY)
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- เผยแพร่เมื่อ 20 มิ.ย. 2024
- The TRUTH About The BIG 4 Firms: Watch This Before Joining! (PwC, Deloitte, KPMG, EY)
Let's explore the negatives of Working at The BIG 4 (PwC, EY, Deloitte, KPMG). These negatives/cons will be based on reflecting on my personal experience and BIG 4 career.
Make sure to check out my video on the benefits of working at the BIG 4 to hear both sides!
00:00 Introduction 👋
00:42 Bureaucracy 📝
02:19 Work Life Balance 🌱
06:22 Salary 💰
09:43 Recognition 🤔
11:13 Lucky Dip 🎰
12:33 Conclusion 👏
Interested in a Big 4 career? 💼 Check out my channel for other videos for the ultimate BIG 4 salary guide, application advice, and what you could earn as a Partner 💷
Interested in a Big 4 career? 💼 Check out my channel for other videos for the ultimate BIG 4 salary guide, application advice, and what you could earn as a Partner 💷. Looking for even more content? Sign-up to my weekly newsletter 'The Millennial Accountant' 👉 bit.ly/3xy8SBC
That time absolutely flew by! Fascinating to hear both sides of the arguments for working at the big 4!
Glad you enjoyed it!
I love how wholesome this content is!
Thank you for sharing your precious video with us
This was indeed a much-appreciated video
This video was a really great and honest insight, for a first year student aspiring to be in one of the big 4s and trying to understand how the corporate ladder works and how to move up on them, each of your videos have been very helpful. Thanks a lot james!
Glad it was helpful! Any other video ideas you'd like to see?
@@JamesAlberts a linkedin connection to keep up on your professional life would be great😂 but not any i have in my mind, but will surely post on comments section if i have any ideas in the future.
Your videos are something that I look forward to
Good to watch after seeing the benefits video thank you
Glad you enjoyed both videos Beth!
Thanks for the insight
Glad you enjoyed it Khushboo! Let me know if you have any questions or would like to see anything else!
This was a fantastic video to watch
Very informative
Good to hear the other side, a lot of TH-cam videos just focus on the positives and overlook the obvious negatives!
Glad you enjoyed the video! As with everything there are always pros and cons, so I thought I'd share both!
Hi! Ive watched your video before going to my big 4 interviews and would like to thank you so much as your video definitely helped me prep. I got both ey and pwc and am in dilemma on which are the right one for me. May i know what you’d suggest i should put as a factor in deciding which company i’d be joining?
Thats great to hear Nurshafiqa, you smashed it! In terms of choosing between PwC and EY, what industries are you more interested in, (e.g. Pharma, technology, FMCG) and what are your longer-term goals? Did you get a place in the audit/assurance department?
Smashed it again boss man! Awesome video!
Ah flip, as always mate, you're too kind!
Ah flip you’re welcome!
I wish to see more videos from your side
Keep up the excellent work. This was an exceptional video from you
Man, after watching this one, I am eager to know what's coming next
I'm surprised office politics weren't on here? I'm only in my second year, and that aspect of the job is really draining (Big 4 outside of London)
Oh really? I haven't experienced too much of it, maybe I've been lucky! How has this impacted you?
If you're after more content, I’ve just launched my new website/newsletter which will be packed full with even more insider tips and knowledge. I've also opened up my diary if you had any questions you wanted to talk about over a video call. Check it out 👉 www.jsalberts.com/
There’s politics in every organization. That can never be eliminated at all. And by the way, politics could be much worse in in the industry.
Nice mate
Glad you enjoyed it!
Just watched a few of your videos, your content is clear and insightful and the quality of your work is amazing. Hope this channel blows up!
Thank you - you're too kind!
Excellent
Thanks D - I'm glad you enjoyed it!
If you're after more content, I’ve just launched my new website/newsletter which will be packed full with even more insider tips and knowledge. I've also opened up my diary if you had any questions you wanted to talk about over a video call. Check it out 👉 www.jsalberts.com/
good work
Thanks, glad you enjoyed it.
How fluid is it to move between different service lines, e.g. audit to tax, in the Big4?
Hey James, I'd say fairly fluid. Each year there is an internal 'Transfer Window' in which the firm opens up opportunities to move into other lines of service (e.g. audit, tax, consulting, deals). However, spaces are limited, and you need to go through an interview process etc., so it can be quite competitive!
Have there been instances where first year staff barely got any work assigned to them during busy season?
Great video bro, take it another video subject: "What is the difference between audit and accounting?"
Thanks mate - I'll add it to the list!
I would really like to know which school you attended in the UK ? 😊 I am from France and I am about to start the audit 3 year program of Paris Dauphine 😉
I went to the University of Sussex in the UK. It sounds like you're joining a great school, let me know if you have any questions about careers!
@@JamesAlberts I know your university but I have no idea how it is ranked compared to LSE or other very renowned institutions in the UK ! Basically I got into Dauphine right after the equivalent of A levels in France ! I mostly studied economics and mathematics and now I am on the path of the big 4 😂 !
I have no idea how the first wage is determined in the uk within big 4 but in France it is only based on your university ! In France dauphine graduates have the second or third depending the big 4 best wage ! Pretty correct I would say !
If I had one question it would be : how easy it is for someone who have done its whole studies abroad and starts to work in a big 4 in France to be able to come work in London ? 😄
@@alexandreriboton9136 I would say it's very easy, I work with a lot of individuals from other countries. My current team only has two people from the UK, and everyone else is from Greece, Germany, South Africa, India. Typically, you'll need to qualify as an accountant in France first, then you'll be able to transfer to London. Let me know if you have any other questions!
@@alexandreriboton9136 It's not ranked as high as LSE. Salary in the UK is set regardless of university, so graduates of LSE/Oxford will be paid the same as elsewhere. It sounds like you are doing really well, so continue making good progress so you can join the BIG 4! Let me know if you have any other questions.
Given the cons, do you think it's still worth joining the big 4 as a graduate?
100%, you gain such a vast amount of experience in such a short space of time. Overall, in my view, it's a great place to start your career!
Does the salary change across big 4 division say audit pay less then consulting etc.
Hey! Aaron-Jerome, great question. Yes it does, typically audit is the lowest paid division. Depending on the firm it can be up to 10% less on base salary with consulting/corporate finance paid more. Let me know if you have any other questions!
I am not target these organisations.....
I need work life balance this is my priority right now...
How easy is it to move offices in the Big 4?
If you're moving within the same country - fairly easy! If you're looking for international secondments it will be slightly harder and depend on your job performance. Happy to have a call and talk you through it if it helps!
I thought only in the Philippines that we had been working 80-90 hrs per week. Lol. Its the same issues even in western countries especially in UK.
It's pretty mad globally!
Man you guys get paid nothing in europe, after 2 years in the states im making 100k USD.