Additionally, a new management associate programme will allow participants to try different service lines and increase exposure to various industries
EY SINGAPORE will invest S$100 million over five years to boost its talent development programmes and improve the attractiveness of the profession, said the financial services giant on Monday (Jul 1).
As part of the investment, EY will increase early career compensation, launch a new management associate programme, and provide more learning and development opportunities.
Liew Nam Soon, EY’s Singapore country manager partner, said: “The accounting profession plays an enduring role in helping to build trust and confidence in capital markets and businesses, and contributing to the talent pipeline for industries.
“It is therefore important that accounting professionals are continually equipped to develop future-ready skills and be rewarded fairly and competitively.”
From Monday, first-year accountancy graduates joining EY will be paid an average starting salary of S$4,300.
Additionally, its new management associate programme EY Scale will allow selected individuals – who have less than two years of experience – to try different service lines and increase their exposure to various industries and businesses.
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The new programme adds to EY’s existing learning and development programmes, it said. These include EY Tech MBA, EY Masters in Sustainability and EY Badges programme, which offers digital credentials for skills in areas such as data and analytics, and artificial intelligence.
As part of the latest investment, EY also renovated its Singapore office to include an innovation centre that “helps companies accelerate transformation and drive innovation”.
