Pros
- Good colleagues create a cohesive working environment.
Cons
- Low pay amongst other public accounting firms. Even other mid-tier firms are paying more at present moment. - 2 year bond for audit staff which is very long amongst other accounting firms. - Staffs are bonded to a 3-year laptop bond, any staff who leave after the 2-year bond will be required to pay the balance of the bond period for the laptop usage. - Poor benefits where there is ONLY $100 dental. - Staff is required to pay $2 "profit-sharing" every month to give the illusion that staffs have a stake in the firm. - Bonus is always paid 4 months after the financial year. Hence, any staff who resign within the period is not entitled to the bonus thus “trapping” them for another 4 months. - Staffs are constantly fed with the idea that bonus is above industrial practice where in reality it is not - Yearly increment is insanely low!!! The company is able to keep the pay low to improve its profit margins (i.e. the beloved gross profit 1). - Staff is required to pay obscene amounts for misplacing stationaries. i.e. $50 for a calculator. - Staff are not given a work phone which affects their personal lives due to management and client constant harassment. - Expected to work and attend calls even on annual leave. - Aside from professional work, management would "request" staff to do other admin work such as risk checks and coming back on Saturdays to open doors. - Staff is required to wear formal between Mondays and Thursdays. Big4 and the other mid-tiers are already ahead of the curve as they have adapted casual wear on a daily basis. - Required to serve long notice period after tendering (2-3 months). - Pay does not reflect accordingly for staff who are double promoted. Therefore, the firm can continue to operate with cheap labor. -Pay is not standardized equally within the same rank. - Terrible pantry setting where there are only plain biscuits and milo tins. - Staff is required to give “time-wasting” presentations.