Friday, October 01, 2004

Employment Doldrums


Yah, its official. The Big 4 are coming down ALL at one shot to recruit.

Big day for all accountancy students.

I can imagine the mad rush to print name cards (wonder if my printer is sending me mine today....), the scramble to polish up the resumes, the last minute haircut and shopping for power suits...

all out to impress the Big 4 recruiters.


Somehow, its like NS for me. I have to work for at lest 2 yrs in order to be a Certified Public Accountant. It will be hell for me in those firms.

No longer can I walk out of the office unabashedly at 5.30pm sharp.

Neither can I long to snuggle up with the commuters on the train at 6pm.

I won't get to see my parents at all the whole week. I'll be gone before they are up and I'll only be back at 3am.


Here's how a typical big 4 contract pay structure is like:

Gross salary $2000
MVC $100
Actual take home: $1600
Possible take home $1500

Here's the official working hours:Mon - Fri: 830 - 530 (i.e. 180 hours per month)
The actual working hours:Mon - Sat: 830 - 12am (i.e. 378 hours per month)

And according to Employment Act, if you earn >$1600, you are considered as an executive (joke huh?), so no OT for you.
Therefore, the amount you earn per hour in audit is calculated as:= $1600/378= $4.23

That's lower than what you'd earn in MacDonalds or as a shift worker in any factory!


MUMMY, DADDY!!! HELP ME!!!! I DUN WANT TO DIE THIS WAY!!!!!!


I would so much rather love to become a musuem curator, a graphics designer (OH! btw, i designed the new uniform for Devil's Bar..haha..damn chic I must say!), a sports doctor, an arts manager ...but NO!I can't.


Money isn't everything. Getting abused at work and subsequently using retail therapy to revenge myself is a vicious cycle.

I'm victimised.

Rode the waves @|5:41 PM|

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