09-21-2003, 01:11 AM
I think that nowadays the top firms have started to take these ACCA/CIMA students as they have found out that these poor ppl are even cheaper to these firms than the usual cheap labour they hire,ie a CA trainee! <img src=icon_smile.gif border=0 align=middle>
Most firms get these ACCA/CIMA guys for around 1,100 bucks and since there are no bye-laws governing them, therefore they find no need to increase their stipends. I've seen a few ACCA trainees work for 1100/- thoroughout their 3 year period.
Another advantage the firms get out of these trainees is that they can refuse to give them any exam leaves, since they are not guaranteed a minimum amount like the CA trainee is through his contract.
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Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
Most firms get these ACCA/CIMA guys for around 1,100 bucks and since there are no bye-laws governing them, therefore they find no need to increase their stipends. I've seen a few ACCA trainees work for 1100/- thoroughout their 3 year period.
Another advantage the firms get out of these trainees is that they can refuse to give them any exam leaves, since they are not guaranteed a minimum amount like the CA trainee is through his contract.
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Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!