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Bowl Leader
Has anyone taken the CAIA ? Any tips ?
Had to do it! Oldie but it sums it up🤣
Rising Star
Hi Sharks,
Kindly reply.
How’s everyone doing?
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I've been on the bench since August and just got onto a project a couple weeks ago. Have had no real fear of a layoff. I also lead multiple firm initiatives, though, and always get exceptional for people/firm.
Depends on what your utilization and performance was last year. Just be as active as possible right now trying to get staffed, contribute to initiatives, upskilling, etc. In this climate, while it’s rough getting staffed, there is actually some leniency for USDC employees who performed well last year. I don’t really want to throw out an uninformed number. If you can add more context to your situation then could give more accurate guidance, but even then it’s just guesswork (from my POV at least).
I know of someone who was in the bench a MINIMUM of 6 full months last year (likely more), and they were only just laid off sometime within the last week.
To be clear, I found it shocking they made it that long and I would assume they were the exception, not the rule. Because we don't staff ourselves in the USDC model and we have lower overhead to the business, I would say we certainly have more leniency than Core does, but that also has its limits and due to the market conditions those limits are probably being lowered if they have not already been lowered.
No number is right or wrong in current market situation. Just had a colleague from GPS side laid off yesterday.