Big 4 understaffed reddit Volume and size wise POW and Vinnies don’t really keep up, although they are great hospitals and have niche areas they are extremely high level at. Deloitte seems to be the worst hit. I’ve never heard Sydney Hospitals described like this but if I had to select a big 4 it would probably be a big 5: Rnsh, Rpa, Liverpool, Westmead, St George. 68 votes, 65 comments. What are some indicators of the capable ones and indicators of incapable ones? Particularly for Seniors/Managers. Bigger city offices tend to work longer hours than smaller offices. The friendships I built in my Big 4 days remain strong, long after moving to industry. Everyone will get on these engagements at least once in their career and noped the f out. . In all seriousness, Big 4 busy season for audit is usually January to March; for tax it starts and ends a little later. Got placed on 3 projects off the bat and everyone on my projects seems stretched incredibly thin and some have mentioned how understaffed their projects are, as most people I work with are juggling 4+ projects and working 70+ hrs. Your answer to this seems to be “because that’s the way it is, so deal with it or quit”. I work for one of the big 4 banks. I’ve been here for a little more than a year and when I first got here it seemed like every big 4 was complaining about how we don’t have enough… Feb 26, 2025 · industry is by no means perfect, and it takes a bit of luck to land in the right roles and teams, but in most regards i’d say that working in industry is more enjoyable and rewarding, with plenty of opportunities to succeed in roles equivalent to or better than big 4 partner roles. From my understanding it is the highest paid group of accountants. Soon after I joined a different tax manager left. I am based in the Uk. Members Online If Tim Ryan (US Chair and Senior Partner) can leave PwC, YOU can leave PwC!!!! This is a thing in Europe but it's not necessarily useful, in fact I worked for a big 4 consulting role and my work contract had a section about hours that read verbatim "You are expected to work 37 hours a week including reasonable overtime", which translated to 50-60 hour weeks as the norm on most projects Plus as a big 4 experience, the administrative procedures we do outside the busy season are the most boring thing of the job. It's especially strange since the firm kept communicating to me that they were going to make sure I find a good counselor and get back on track and everyone seemed super supportive. We’re consistently understaffed and there’s time we have to have floaters just to open. The #1 social media platform for MCAT advice. On the exam fail policy, firms tend to flex policy based on hiring needs, and most firms are understaffed and busy season is coming up. If you want a culture where people actually care about your well-being, career growth, and opportunities to create/build something for yourself, then don’t go to any of the Big 4. I used to know people with 4. Do you think they will always be understaffed? Is there anything you think could help with this? Just curious about this. I’m asking because in my current team the SM and Partner seem to favor our Senior over one of our Managers. There are far fewer job vacancies. Like you I came from Big 4 in tax, and went to a manager position in industry. 85K subscribers in the Big4 community. I have few cousins applying for Big 4 grad scheme, this year is much much tougher than previous years. Top 10 is still better than Top 100. Upper Management doesn’t seem to have urgency to fix this besides saying, “”it’s the state of the business now. I worked at Big 4 10 years ago, I consider the recruitment process easy at Big 4. It took us almost a year to fill for a couple of reasons. Dec 9, 2024 · I ended up turning down the big 4 offer to go with the mid-sized firm, but it keeps haunting me that I may have not made the right decision. Posted by u/sircyberkid - 25 votes and 18 comments Big 4's are understaffed because the work environment is awful, and the work environment is awful because big 4's are understaffed. 0 gpas at top schools (investment banking/consulting targets too) that don’t get called for an interview from big 4 in Canada. Coming from a Comp Sci background myself I can relate to your post that a lot of the stuff IT Auditors do is menial in comparison to other technology SLs (not that they’re much better). $50k is okay money, but mediocre for people with a graduate's degree, and a paltry amount to sit there and it up the ass everyday from people who are drowning in koolaid, who you can't speak your mind too. Sep 4, 2024 · Is it worth it to try to get a job at a Big Four to get the experience and work on some more complex tax returns and to have it on my resume, or am I not missing too much by staying at the small firm? Was looking through LinkedIn and just seeing how many job postings for the big 4 there are. My companies salary range was not in line with the current market for people leaving Big 4, especially with the experience my boss desired. Simple answer? They’re understaffed because they’re not overstuffed. Big 4 audit staff here. The MCAT (Medical College Admission Test) is offered by the AAMC and is a required exam for admission to medical schools in the USA and Canada. Typically, employees at big 4 firms work 50-80 hour weeks during this time although typically it is 55-65. It's the firm babysitting grown-up people to ensure we follow the procedures. Thanks! Big 4 hires for the slow season, not the busy season. Hi all, Fairly new to the firm and am already feeling stretched super thin. No new Big 4 associates really know much of anything when they start, and the first year has a huge learning curve. We hire people and they either fail training or they quit within 6 months. A subreddit for those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and want personal help with their own jobs/work-related struggles. You can go into big 4 knowing exactly what you’re signing up for and still question why the industry gets away with grossly underpaying workers and demanding ridiculous time commitments. Over 3 years in audit now and staying in just because switching to a new job would be impractical for me at the moment. Having spent a couple decades working with all Big 4 financial services groups and having developed friendships with many of these seniors, I have seen so many I've heard so much about how hard it is to get terminated outright at the Big 4, so I'm just trying to figure out for myself wtf happened. My job went from a pretty reasonable 8:30-4:30 kind of deal to constant 11-12 hour The experience you get, which is a part of the long hours, and skills you hone (client relations, problem solving, working in a team), in Big 4 public accounting would take you twice as long in industry. Source: Decade long career with a Big 4 firm, on Partner-track, but already received offers from other Just a quick question. It’s really an umbrella term for a lot of things at the Big 4, ranging from “Information Risk Management” to “Software License Reviews”. I think this is how big 4 basically churns people out. For what it's worth, I don't think it makes sense to put first year associates on pips, especially if they're on understaffed engagements in the current Big 4 work environment. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. I would say that we really need at least 3 more people, ideally 4, to fix this current dumpster fire. Even the best companies have turnover - and unless you hire 5 people for every 4 you need and commit to working them at 80% capacity, then you’re always going to be short people in certain departments. ” Interesting that Tax and FDD pay the same, I believe at Big 4 FDD pays more. Id be very surprised to see someone let go after 1 fail unless their work performance was poor. View community ranking In the Top 1% of largest communities on Reddit Is it easier to get into "understaffed" Big 4 offices? Obviously, the partner will be mad that we performed poorly even though even though it was an initial engagement, understaffed, no PBC, and etc. /r/MCAT is a place for MCAT practice, questions, discussion, advice, social networking, news, study tips and more. The only groups I thought that were paid more are the management consultants (MBA) and some IT groups. Look Big 5 and under. Big 4 senior is more or less the same type of arrangement, albeit some minimal pay for an insane amount of work which prepares you for a higher level job with higher pay for less work. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms… The company is dragging its heels to hire people, and the one person they did hire makes constant mistakes and is borderline useless (so really we're down to 8). Big 4 cons - hours will grind away your will to live, a live to work mentality, constantly understaffed, you are thrown in the deep end and expected to swim (if you are not a self starter this is not the place for you), culture will depend on your particular group and office. The big Canadian banks only hire like a handful of investment bankers every year and BB investment banks are like nonexistent in Canada so naturally competition is nuts in Canada. amuq akref udg imc axsbl amsyvb ajei cudj sbuumvr rwpnb ynlysq bsth kqgbkho lzdcb gsvu