Deloitte Singapore raises entry-level auditor salaries

First-year hires under the firm’s career programme can earn $4,500 monthly

Deloitte Singapore will increase the starting salary for graduates joining the firm as first-year audit associates.

First-year hires under the firm’s FasTrack programme will have a starting salary of $4,500 monthly. Whilst those non-FasTrack first-year hires will get $4,100 per month.

FasTrack is Deloitte's accelerated audit career programme for accountancy graduates. The first batch of graduates from FasTrack joined the firm in September 2022.

Deloitte’s move to adjust its starting salaries supports the government’s plans to strengthen the attractiveness of the accountancy sector and grow Singapore’s pool of skilled accounting professionals.

It also supports recommendations by the Accountancy Workforce Review Committee set up by the Ministry of Finance.

“With these adjustments, the annual salary package for fresh graduates joining Deloitte as auditors will increase by up to 20% from the current annual salary package,” the professional services firm said.

“Including these salary adjustments, the overall investment made by Deloitte to nurture audit talent within their first five years with the firm from 1 September 2024 will amount to around S$62m,” Deloitte said.

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