Deloitte Managers
like
Reaction Icon Like
Arrow Icon
Posting as :
works at

Connect with some actual MDs. Forced retirement for partners is 62, not 60. True MDs make about 10% less over their tenure than a partner, however, they often have less aggressive revenue goals or talent management expectations. It’s all a trade off. My guess is if you are 38+ and still building your career toward PPMD you were inspired by money but not driven by it... The best advice I received is whatever your age go for partner and you can always switch to MD at the last minute if you run the financials and the buy in doesn’t make $ense

Reaction Icon Like
likehelpful
Arrow Icon

D1, understand a normal partner comp is from $300k - $1M or so; partners assuming additional positions can go into multiple millions. What can MD’s realistically expect? Was under the impression that it’s much more moderate

Reaction Icon Like
Arrow Icon

Buy in typically around 300k. The money is loaned to you and you are making monthly payments for the same. Takes about 10 years to pay it out.

Reaction Icon Like
like
Arrow Icon

How much is the buy-in roughly? The purchase is like buying shares of a company, and these shares buy you the right to profit-share, when you leave the firm, the shares are sold back to the firm, possibly for more than what you paid for (if company performs better and is worth more than when you bought in). Is this how it works? If yes, then the loan should be paid off by the proceeds, and it would make sense to become partner at any age.

Reaction Icon Like
Arrow Icon

Additional Posts

Kraft Heinz recruiter reached out for their corporate office in Chicago. Looks like a lot of people get promoted quickly, 2/3 promotions in couple years. Is it worth it salary and job wise?

like
Reaction Icon Like
Arrow Icon

McK folks, how true is the perception of the cutthroat culture at the firm? I've heard things like asking a peer an Excel question can find its way into your review as "weak in analytics"?

like
Reaction Icon Like
Arrow Icon

Does Amex Corp Plat have the same reward benefits as the personal one (5x points on flights and hotels booked through Amextravel)?

like
Reaction Icon Like
Arrow Icon

Any agencies in Philadelphia with a great culture and/or producing great work?

like
Reaction Icon Like
Arrow Icon

Thinking of joining KPMG. I’m equivalent of a Director level there. What’s the firm culture like? Heard mixed things.

like
Reaction Icon Like
Arrow Icon

Heard PwC will be giving 1k bonus in April and coming up with a new enhanced parental leave - announcement should be made end of month.

like
Reaction Icon Like
Arrow Icon

What should I look for as I apply to my first copywriting job? Culture? Awards? Creative directors' books?

like
Reaction Icon Like
Arrow Icon

I am an analyst and I just about always work overtime. I know that legally, Accenture is obligated to pay me for overtime, but the culture around it makes me scared to actually charge it in.

like
Reaction Icon Like
Arrow Icon

Gen questions for consultants who moved to MM PE, how is the work culture (cutthroat, competitive), stress (insane at closings), & ability to “unplug” on vaca/wknds at your firm?

like
Reaction Icon Like
Arrow Icon

What are hourly MBB rates for clients? Or are costs determined more as a fixed fee for a team? Mostly interested in the entry level or post-MBA rates in HCOL cities.

funnylike
Reaction Icon Like
Arrow Icon

Has anyone here work or worked for Better.com/Mortgage? Just received an offer from them (NYC), but I’ve heard mixed things about culture and it looks like there’s a lot of turnover amongst C-Suite/leadership

like
Reaction Icon Like
Arrow Icon

I've seen a few people setup a drop shipping business during COVID. Does anyone have experience doing this? Anybody have input on the matter?

Reaction Icon Like
Arrow Icon

Anybody work in Deloitte’s tax insurance practice in NYC? How is the culture and team?

like
Reaction Icon Like
Arrow Icon

Thoughts on dating pool in Los Angeles vs San Francisco. I am 25F.

like
Reaction Icon Like
Arrow Icon

What’s culture like at R/GA NY?

likefunny
Reaction Icon Like
Arrow Icon

How did you get your start in HR?

Reaction Icon Like
Arrow Icon

Do MBB fly first class on every flight?

like
Reaction Icon Like
Arrow Icon

Is Strategy & hiring in Seattle? Post MBA level. Thanks

like
Reaction Icon Like
Arrow Icon

NTT data salary expectation on grade 11.

like
Reaction Icon Like
Arrow Icon

What was your raise from staff 1 to Staff 2?

like
Reaction Icon Like
Arrow Icon
That was just a preview…
Sign Up to see all discussions
  • Discover what’s it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

OR

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

Please enter a valid number