After getting kicked out of McK late last year, this gives me schadenfreude 🤣

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Well yeah - I went to industry AND YOU SHOULD TOO!
15% of the working hours for 80% of the pay of a principal/AP?
Why not!
(I don’t have ambitions for partner, I’m happy)

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A2: I can bet you’re team red 😁

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Better to have loved and lost than to have never loved at all, i.e. myself who got dinged in the final round at McK

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I don't know, I think if I knew I was going to get tossed, I wouldn't have come

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"No"

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THE AUDACITY

likefunny

As someone who had acess to the full report, I can tell you: this so called news sucks.

The report only accounted for US offices (UK is mentioned as well) and most importantly, the report clearly mentions the firms bring people from other offices to use in US projects - and they never mentioned it in the news.

Yeah, retention is a problem for most firms now. Yeah, all major firms have been reporting high levels of utilization (I don't think any MBB/T2 had an utilization lower than 90% in this year - maybe BCG). But this news gets a report that says "it's bad" and claim it says "it's a major crisis for consulting"

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What you mean grew 40% while is up 10%, BCG2? 40% is locally?

Consulting firms when you leave after no promotion, no raise, 70% pay pump when leaving for industry, and high company profits

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A few thoughts:
1) those bragging about 95% utilization are missing the point. That’s not sustainable - you can’t invest in your people, growth opportunities or relationships when your staff are that stretched.
2) Agree McDonalds and consulting are different animals wrt hiring - but it’s valid to compare/contrast across segments even though they don’t target the same resource pool
3) Consulting firms have always been overly aggressive in managing their workforce, not always wise at the micro but usually smart at the macro level. I was part of a RIF 12 years ago; received a great separation package and then spent the next few years as an independent contractor filling roles they could no longer supply because they didn’t have anybody with my skills - making 2.5x what I was while an employee there. I don’t hold any ill will; it was probably one of the best things that happened to me in my career.

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If that is true, can somebody give me a referral to McKinsey? I work my ass off at a boutique I kind of regret joining.. 1st gen immigrant with a degree from a nontarget LAC, so I could really use a leg up to get an interview.

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Currently considering a boutique from Big4. A 20% hike will be more than what my current firm will give me in 3 years. Would you really consider forgoing that?

Where’d you go friend

Cultural cross-tie alert: SG is one of Charlton Heston's finest hours. Plus you get to see Edward Robinson infatuated with a lettuce leaf. And when do they distribute it? On Green Day.

Kicked out?

No weed, just kicking poorly illustrated with emojis

Wow

How does getting kicked out work? Asking for a friend..

Serious related question...is it true that recruiting is suddenly harder? Haven't tons of people jumped ship from their firms to actively pursue other consulting roles. You not only have a more mobile network of experienced hires but a new graduating class with students who just went through a terrifying period of uncertainty that I imagine would drive them to a stable, well-paying industry.

What am I missing?

I don’t get this post??

20-25 years ago, the best and brightest who wanted a prestigious job that paid a lot of money either went into consulting or IB. Now they go work for FAANG. Even the gap between consulting and the better jobs in industry have narrowed considerably.

Or startups

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I wish admin utilized Tier 1 supports with teachers. Smiles, appreciations and acknowledging ones efforts would do a great deal to boost morale and climate. I just don’t understand what that is so hard to do.

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Any utilization review nurses working at an insurance company able to share if your company requires work on weekend/holidays? If so, what work do you do on weekend/holidays snd do you work s full day on those days?

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What were some challenges y’all faced this week?

I’ll start. Trying to get non local resources utilized. National Leadership thinks this is the answer to our problems but local leadership is hesitant.

Anyone leave Deloitte for Booz Allen? Thoughts or experiences? Utilization and compliance are absolutely doing my head in.

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I am getting married in Decemeber and am on H1B. I wanted to work from India for a couple if weeks to reach my utilization target since its my promo year. Are we allowed to do that? If yes, what is the process? Otherwise i will have to take pto for a month.

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When a consolidated unitary group acquires a TX Corp, does TX follow Sec. 382 and Sec. 383 and apply a limitation on the utilization of the acquired entity's TX R&D credits following the acquisition?

Hi! I’m doing some research on employee benefits (medical insurance, 401k, HSA/FSA, commuter benefits) and was hoping to connect with People specialists or HR professionals in the comp & benefits space. I’m trying to better understand any pain points or challenges you might face with utilization/enrollment. Anyone interested in connecting? Thank you!

What are ways to deal with high latency mricroservice in a given region. Given that it's Cpu utilization is not exhausted.. So no vertical scaling ???

During initial onboarding with the firm, does the first week or so count towards utilization or is there somewhat of a grace period?

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Random partner asked a litigation-related question to a partner I frequently work with (i’m a transactional associate). My partner cc’d me and said for me to briefly look. Asked the library. They got me a great case. Sent it back. Now the random partner is asking for more cases in another circuit.

I haven’t done caselaw research since 1L and this isn’t even my practice… wtf do I do (I am fully utilized in my normal work and have a few deals closing soon…)

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When they say utilization doesn't count for the month of May/June what exactly does that entail? I'm assuming being on the bench for those months will still show on personal utilization reports...

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Controversial question - what are some roles/functions to avoid at Google for ex-management consultants, in terms of potential under-utilization of skills and limited career progression? Common exit opps tend to be in StratOps, PMM, PgM/Solutions Consultant, roles in Sales; would anyone not recommend any of these roles?

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Had a fight with my MD or let's say more like argument. After that the next 2 months was endless nitpicking and pulling me for mistakes that aren't really in my control.

Post 3 months, I apply for a transfer. Transfer process delayed for some process reasons
No negatives/issues in my f22 feedback. Utilization above target. Way Above average
Recently fired without reason
Who should I escalate to?

PS: Ignore typos. Written in anger

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Hi everyone, my sister was fired from her job because her exemption from the vaccine got rejected. She has Director of Nursing experience as well as experience with case management and utilization review. Anyone know of any startups or tech companies that are remote and wouldn’t require a vaccination that are hiring for experienced nurses? Really appreciate the help! Any leads are welcome!

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Hadn’t noticed this sub before, and most of the threads are old so thought I’d ask a follow up - how has everyone been handling parenting with public accounting? I’ve got a toddler and my wife is an accountant (industry), and we only have a few immediate family in the country- but they have health concerns. Busy season was rough, things are looking better now as things return to normal. Still working crazy hours if you count the daycare duties on top of utilization targets.

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How do i see my utilization?

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What other performance factors are considered for PDM besides utilization?

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hey, I joined Deloitte in June 2020 as an GPS SA analyst, I just staffed on internal project only providing me adjusted utilization. Now my standard util is 40 and my adjusted is 105... and this project last in another month... by then my standard util might be 20.. will my promotion be affected by this? My target promotion year on TOD is 2022. My manager said we might sell to client and extend this project in September but nothing guaranteed.

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Hello, I am looking to make a career change that starts at a minimum 75K salary. The economy is tough right now and I can no longer afford to stay in my current role. I have a bachelors degree in Sociology with experience in managed care, utilization management, & clinical admin.. Does anyone have any suggestions for a possible higher paying career that I would be qualified for based on my background?

3 Day PTO starts now...my buddy's bachelor party. Forget you, utilization.

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Any citi India HR Here? Need to ask something trivial. Don't worry already working in citi

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Hi Citi Sharks, What will happen to the current year 2022 leaves, Privilege and sick leave. By any chance will it get carry forward to next year 2023 or all would be expired by this year itself in Citi. Citi Citicorp

Does Citi have Cloud Projects?? And which cloud?

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Literally every “dating” app in los angeles

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Why the resource team is wrongly mapping to higher level management role project proposals. Like 4 yr experienced people are being proposed for 10 year experience requirement.
Does anyone else faced this? LTI

likefunny

I’m making 55k in Chicago. Am I underpaid?

helpfulfunny
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Hi folks,

Can you please suggest me one best wireless airpods?

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Received less salary this month also. (Same amount as last month)
Why is this happening? Too much tax 🥵

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Thank you for your service

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Do we think SAP is a dying ERP and won’t be able to compete as more “custom” SaaS solutions that are more tailored to a customers needs are popping up more frequently and a lot cheaper?

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Bain & Company Bain & Company Do you have any insights into what they are expecting in the second (last) round? I saw that there are two cases and a presentation. Are they more interested in professionalism than the "analytical" skills assessed in the first round? Do you have any more insights into the presentation?

Many thanks in advance

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Anybody need a new quant? I'm looking for a move.

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Would Middle East offices still hire many people this year or sort of at a hiring freeze? (Think post-mba level)

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Hi,
How does the sapience ibuddy tool work ? What if I'm not able to clock 8 hours ?

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Thoughts on Big Spaceship?

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My international flight is delayed due to closure of Pakistan airspace. Going to miss my connecting flight (on a different carrier) . Can I apply for trip cancellation insurance with chase for this ?

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Looking to hire a boutique social media agency who has expertise in helping launch a CPG home cleaning product. Would need support primarily on social platforms. Ideally, the firm would also be able to create content and help determine who the target market is through data tracking and analytics. Any ideas?

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Any idea on which IT/application course/platform would be better for someone from BA (English) who has no idea on coding to get into IT domain?

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Investment gurus - Appreciate pointers for resources (books, blogs, videos etc.) to read up on investment strategies. Just getting started and could use all the help. 🙏

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ACN folks - how to I go to St Charles again for training? MyLearning shows 0 sessions available for everything

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Former BA, rising Manager. I despise those micromanagers who manage the process rather than the results. How do I make sure I don't become one?

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In other news: American Airlines pilot arrested just moments before take off for failing breathalyzer test at Reagan. #slowclapamerican

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What are some publications, books, podcasts, online classes etc that can help me prepare for my first year in consulting? Have 5 years of experience in finance and making the jump to consulting.

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if there's no pension anymore and a significantly lesser lump sum payout, why become a partner at EY?

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Emailed recruiter to set up interview but no response. How long should I wait before reaching out to hiring manager?

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👋 🇨🇦 McK

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Party in the USA starts playing at the bar. Bro next to me "Dude, it's your song, L-A-X."

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Feeling guilty about leaving my team/company even though the opportunity I’m going to is great in terms of salary increase and career progression. Has anyone felt the same and how did you get over it?

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Can someone shed some light on how year end bonuses and raises are determined for Seniors at EY. Thanks!

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I get nightmares about printing on clients sites.... ::shivers::

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Waiting for White Feminists to come to Tomi Lahren's defense. After all, there's nothing more unifying than a fellow white woman in distress.

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Flipping the script of my consultant friend over there...most exotic location you've traveled for work? Mine - London

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Definitely some consultants just sat down next to me at the bar. Overheard: "How many shots should we take?" "Depends. How many slides do you want in the deck?"

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Does anyone else smoke sheesha regularly? I’ve got a nasty habit of doing this every weekend. Wondering if it’s bad for health

likefunny

So, does LinkedIn have a feature where you can just have it say “x started a new job at y” instead of the whole “I’m happy to share that…”??

likefunny

If I end up quitting after maternity leave, do I have to pay back any of my leave benefits? I guess I could ask HR, but wouldn't want to throw out any warnings.

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Best consulting firms to work for that will allow 100% remote work indefinitely regardless of what clients do?

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