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stipend

CA. Huma Khan (member of ICAI) (66 Points)

18 March 2008

hii,

i want to ask whether we should ask the principal about stipend in the interview..

If the stipend is too low to meet atleast travelling exp then whether we should join that firm?????

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10 Replies

pRaSoOn (Articled assistant) (500 Points)
Replied 18 March 2008

See it depends on person whos going for interview...obviously you should decide upon the stipend...mind it i am not saying bargain upon the stipend...unless you are getting less then institute's scale, nobody can do anything but standard practice is that whatever be the stipend, principal generally provide transportation charge from office to client place....that too may differ from city to city...like in pune dis practice is followed but in nagpur you just get basic stipend...so no problem in asking bout stipend at the end of interview.

Professional (Article Trainee & C.A Finalist) (31 Points)
Replied 18 March 2008

it all depends on the way u look at it.to me unless it's not so important, u should always judge a firm by its quality of work and not with the amount of stipend it pays.ya in articleship it's true that most of the middle level firms may not pay u good as stipend except for the BIG 4's. so jus concentrate on the quality of work even though u may have to compromise on ur stipend coz it'll definitely pay u later once qualify as C.A wid experience from a gud firm.Bt it all depends on ur personal needs as well.

Professional (Article Trainee & C.A Finalist) (31 Points)
Replied 18 March 2008

hey ya most of the firms they pay u coveyance for visiting client's place apart from the basic stipend bt depends from employer to employer. anyways a firm should always pay better than the standards laid down by the institute. u may ask 4 the stipend during the interview bt do not negotiate. ALL THE BEST FOR UR INTERVIEW.

pushpendra (Director- FinMAT Consultants) (1703 Points)
Replied 18 March 2008

Rate of stipend is fix by the institue but for audit outside the office principal pays the travelling Exp. otherwise you can ask to principal

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 18 March 2008

Of course........ Mey be in some firms thr stipend is predecided bt u cn surely ask thm abt ur stipend......So do mk it clear at tht time......hope 4 th bst

neha shukla (ARTICLE CLERK) (21 Points)
Replied 18 March 2008

i want to know about stipend for ca final student

CA. Huma Khan (member of ICAI) (66 Points)
Replied 18 March 2008

thanx all of u for the reply

CA Dushyant Maharishi (CA) (178 Points)
Replied 18 March 2008

I think you do not need to ask about the stipend bcoz it is decided by the ICAI & for the conveyance allowances it is provided when you deal with the SIr regularly and seriously.