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Hi guys,
What is the policy in your firm related to working hours during Ramadan?
As per the UAE government, private sector working hour must reduce by 2 hours. Does your firm/project comply with this and if not, isn’t that a violation?
https://www.thenationalnews.com/uae/government/uae-announces-ramadan-working-hours-for-private-sector-1.1200607
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Hi All, I got a offer at BNP Paribas Chennai, 21 Lakhs, my current CTC IS 15 lakhs fixed, here we don't have any bonus. BNP is saying they have bonus component on top of CTC. I'm ok to relocate to Chennai from Hyderabad. Not how would be the hikes and bonuses BNP Paribas.
I have 10 years of experience in change and Transformations & project Management.
Could you please advise is it a good deal. How would be hikes,bonuses any other allowances.
The great math of Yahoo Finance “…the Federal Reserve, then led by Paul Volcker, jacked up interest rates by as much as three percentage points.
That's about six times the pace seen in a more typical rate-hiking cycle, where the Fed moves in 0.25 percentage-point increments.”
https://finance.yahoo.com/news/fed-upside-down-inflation-thats-212952546.html
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Why not go straight to a fund and learn more whilst getting paid more? I don’t think hours are that much better at an admin since you have the same deadlines
I did look at the fund like TPG and they are also very busy hours, Thanks for your response
Look I did opposite of you. Depending on the fund admin it could be worse or same hours, but less stressful. When I say less stressful sometimes cranking out tax returns is stressful and mundane cycle. I honestly thought fund admin day to day was less mundane.
Idk if you go to a top fund admin like SS&C , state street or northern trust - you might have some excellent exit opportunities to go to a fund
I did talk to the team manager and they said we do not work crazy hours like PA , but i agree it will be less stressful fr sure, for me tax deadline was very stressful
Yea accounting is always going to have deadlines, but dealing with a capital call due date vs 3/15,9/15,10/15 totally different. Also, after being in tax I realize I could do the fund admin job better. Idk I had an offer to go join Aduro I somewhat regret not taking.
Yes that makes sense!
I would suggest not working anything fund related if you don’t like long hours. I’m at Apollo and all our accountants are ex big 4. Our operations team come from fund admins. So most fund admin exit ops are to operations, not fund accounting.