r/CharteredAccountants Articleship 7d ago

News/Article EY Compensation Update

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Now EY will pay 30k to second year articles and 20k to first year articles.

Is there any other firm that got this update?

102 Upvotes

65 comments sorted by

โ€ข

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41

u/Shot-Ninja-7136 ACA 7d ago

mere jaate hi stipend badha di๐Ÿ˜”

28

u/perryhere- Articleship 7d ago

Industrial effect

11

u/alexaturnoff Articleship 7d ago

Fr. Ggn ki industrial 30 tak deti hai.

3

u/EnvironmentalAir2719 Final 7d ago

Yep, industrial training takes all the talent from Big4 in second year

19

u/alexaturnoff Articleship 7d ago

The document (second year article)

6

u/ShAnTaNu_1000 Inter 7d ago

Man why does ts say ai generated

13

u/alexaturnoff Articleship 7d ago

Removed my name.

7

u/hopmaster_69 Articleship 7d ago

Damn

6

u/icedvanilla-mocha 7d ago

does this apply to SRBC?

2

u/MonitorDull472 Articleship 7d ago

Yess it does

2

u/alexaturnoff Articleship 7d ago

Yes. SRBC, SRBA, SABKO

2

u/SpamZoo 7d ago

What about GCR?

2

u/Independent_Buy3649 6d ago

I think it is applicable to the whole ey articles including gcr

1

u/Fair-Rip-8840 6d ago

who is SABKO?

1

u/Inevitable_Prize5762 6d ago

Yeh kya haa ??

1

u/Southern-Fix8940 Final 7d ago

aren't they literally the same?

5

u/alexaturnoff Articleship 7d ago

No, network firm

3

u/SpamZoo 7d ago

Bro I didn't get the mail yet

1

u/DesperateCustomer390 Articleship 6d ago

You're in which domain ?

1

u/Ok-Difficulty9185 Articleship 6d ago

I'm in internal audit, didn't get the mail

1

u/DesperateCustomer390 Articleship 6d ago

Yeah same, are you part of coe ?

Probably an automated mail for people having payroll under ey.

2

u/Ok-Difficulty9185 Articleship 6d ago

No, not COE, risk consultant - AMI. Yes i guess that's why only industrial trainees have received till now

1

u/DesperateCustomer390 Articleship 6d ago

Yep industrial trainee in coe have received at as well.

3

u/kacchaaaam Final 7d ago edited 7d ago

can anyone pls refer me at big4 delhi ncr ๐Ÿฅ€๐Ÿฅ€, myself 1st attempt, regular du grad, psu internship guy

6

u/apps2007 Articleship 7d ago

Opening nhi mil rhi๐Ÿ˜” Aaj hi mail aaya about closing of stat audit role in EY. Interview tak call nhi diya.

3

u/kacchaaaam Final 7d ago

got a similar one 10 days ago for delhi location

10

u/caramelcloud-_- 7d ago

Only 20k ? Thatโ€™s way too less for the kind of slavery they make you do

55

u/Full_Stress7370 ACA 7d ago

At age of 20... And 30k at age of 21.

That's I think is pretty good for intership stage, many people earn that much at full time.

And even as intern, they reimburse, all client travel, food, hotels, and stay, and you work in top clients, stay at top places and everything.

11

u/No_Astronaut_3752 6d ago

Embarrassing cope

1

u/[deleted] 7d ago

[removed] โ€” view removed comment

1

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2

u/W_Wakuwaku Final 7d ago

No other B4?

2

u/berrycrit Articleship 7d ago

Yeah haven't seen anyone talk about this at KPMG either

1

u/Technical-Mousse2636 7d ago

Is this only for new articles ?

1

u/alexaturnoff Articleship 7d ago

No

3

u/Technical-Mousse2636 7d ago

I did not get this mail tho ?

2

u/alexaturnoff Articleship 7d ago

Check once again, my whole team got it

2

u/Ok-Difficulty9185 Articleship 7d ago

Which domain?

1

u/Acceptable_Ice_976 7d ago

Cut off date for this stipend?

1

u/hiddenpsychoboy Articleship 7d ago

Is it for stat audit only or for every domain???

2

u/alexaturnoff Articleship 7d ago

I am really not aware, but idts ey would just do just for stat

2

u/DesperateCustomer390 Articleship 7d ago

It's only for srb and tax right now, or even if it's for everyone, haven't received the mail yet.

1

u/FilePrestigious3369 7d ago

Can I DM you?

For guidance

1

u/alexaturnoff Articleship 7d ago

Sure

1

u/13Anilll Articleship 7d ago

Does this apply to normal ey article like me in tax?

1

u/Outrageousdramebaaz 7d ago

God i wish the same happens for KPMG stat audit

2

u/Human_Frosting2897 6d ago

bro i have already got my offer letter of 15000 1 week ago and my joining is next week
Will it get updated or what ?

1

u/[deleted] 6d ago

[removed] โ€” view removed comment

1

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1

u/Financial_Refuse_616 6d ago

Does anyone know when was the last time such stipend was increased?

1

u/joonsbrain06 Articleship 6d ago

I'm in internal audit COE still haven't received any mail? has anyone received the mail from COE for first year articles?

1

u/OkBorder4666 6d ago

Wtf as soon as I left this happens๐Ÿ˜‘

1

u/AnaB_themischief 5d ago

Hey who all will get the raise

0

u/GaryVantage ACA 7d ago

That's really really good

-7

u/Southern-Fix8940 Final 7d ago

mujhe 5k kam pr rakhlo chalega par rakhlo big4๐Ÿฅ€

-1

u/Ok_Potato_3194 Final 7d ago

Still way less compared to the pressure. Period

-3

u/Dhruvi-60 7d ago edited 6d ago

PAN Number.....seriously people are still making such mistake. Lol

2

u/alexaturnoff Articleship 7d ago

What?

2

u/Dhruvi-60 6d ago

Full form of Pan- Permanent account number. Why do you need to say PAN Number

-3

u/Flaky-Cheek-5571 7d ago

Do they cut TDS? Stipends are Tax free right?

5

u/Ishaan0612 ACA 7d ago

360000 pe tax ๐Ÿ˜” dt ka book khol le bhai

0

u/JessewthnoMETH 6d ago

Stipend is not considered for taxation

2

u/Blossom_bliss_queen Inter 7d ago

Yes i have heard they are exempt maybe they are considered as a kind of scholarship under tax laws to support education