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I recently joined nagarro.... was on bench for almost a month as I was not getting project as per my skill set. Recently got one project as per my skillset and cleared client interview also.
But during the time, I was also looking outside for good opportunity, I have one with same package from a product based organization.
What should I do now ? If I resign , would Nagarro release me early or I will have to serve complete notice period?
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When do we get salary ?
Last day of month?
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Bain & Company For those that work in Strategy/Management consulting:
1. How long does it usually take for you to do an expense report?
2. How many reports (for each travel period) do you usually do per month?
3. Do you use Corp card or Personal card?
4. Which firm do you work at?
Deloitte Accenture EY PwC McKinsey & Company Bain & Company Boston Consulting Group Oliver Wyman AlixPartners L.E.K. Consulting
Best consulting firms without the massive ego?
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Chief
Yes you literally own shares of the company
Big 4 partners are equity partners because use of the term is regulated. Other firms can play it looser.
Correct. If I did not own equity I could not refer to myself as a partner/principal at a regulated accounting firm.
Rising Star
Yes, the B4 are organized as LLPs I believe, as opposed to C Corp which most public companies are structured as. So there are still “shares” (mostly referred to as units), but 100% of the units that exist are owned by the ~3000 partners or however many there are, instead of there being any units owned by outside investors. Accenture shares can be owned and traded by anyone via an exchange.
Every Partner has some number of units, they typically receive more units each year based on performance and other factors, and presumably retiring Partners have to sell units back to the firm so they are available for new Partners. The number of units held is a piece of how Partners are compensated. For example, if someone has 1000 units, and based on profitability for the year, the firm decides on a payout if $600 per unit, that Partner will get 600k. I believe they also have other forms of comp like a base salary and other incentives.
Anyone feel free to correct or add.
If I own shares of Accenture, am I a partner?
Rising Star
No. You’re a shareholder.