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Hi fishes! I had asked for benefits other than CTC which Bank of America provides & now that I've completed 1 month here, here's the list of allowances you'll be getting irrespective of position/band:
1. Sodexo: 1300 p.m./ 15,600 p.a.
2. Transport allowance: 900 one way, 1800 two ways p.m./ 21,600 p.a.
3. Internet: 1500 max p.m. (other than that, one time installation charges)
4. Tuition fee: Any certification related to your field. Like CFA, FRM etc. 3,00,000 p.a.
(See Comments)
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That’s realistic. Average is usually around 3-8%, high performers 9-12%. Level at the firm will also impact this
Accenture Strat got rid of progression models so pay transparency is really poor. If it’s an increase, it’s fine to take it, though sentiment is not great right now and many are expecting turnover to spike.
Mentor
Are they taking a different approach to salary models or are they changing salary models as a result of a non-healthy business?
If you want a 9-5 that overpays, join ACN MC. Accenture leadership has said through actions that they don’t care about strat. If you want to do strat, go elsewhere.
Mentor
Why don’t they care about strat?