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I came to know that 450 grade are not eligible for annual performance bonus in jpmc is this is true ?
Annual Performance bonus will be getting from 5** grade
They will be getting only CEO bonus...
Can some suggest that is the above information is true ?
I recently joined so i don't have any idea
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Bain & Company Which are the best consulting firms and practices for Climate Change & Sustainability, especially in the Canadian geography? Also, please suggest the best Canadian city for consulting jobs.
McKinsey & Company | Boston Consulting Group | Bain & Company | Kearney | LEK | EY | Oliver Wyman | PwC | Deloitte
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When I was jumping on a client conference call at 4am PST, after landing from a cross country flight at 2am, after a week of near nighters (and after learning I didn’t get promoted). I cried for about 20 mins after the 4am call and nearly quit then and there. Instead, I filed for a 3 month LOA to sleep, focus on self care, and to decide what I really wanted. I came back with conditions on travel and I don’t work weekends (rarely), or 16 hours a day anymore. And, maybe it stalled my career a bit. But, I’m in such a better place - mentally and physically. And, I also feel more respected. Amazing what a difference boundaries can make!
2 years in consulting and I was out. I didn’t have something forcing me into it, like a child, wife, other obligations.. just made a conscious decision to prioritize my life over my work.
Growing up a poor immigrant helped me realize money is more of a want than a need. After you have enough, it’s just numbers on a bank account..
About 4 years after college when all of my friends that didn’t go to college became fire fighters. They work 3 days a week with all their friends and any time after that they get paid overtime. They all pull in 100k and half their time is spent making food and playing video games at the fire house. They also get to help society and remained in sick shape.
Do I make more than them? Yes obviously but at the cost of sacrificing my health/time/happiness.
If I could go back I’d do it and will encourage my kids to look into it. By the way they get insurance for the rest of their life and a pension at almost 100% of their salary when they retire.
I fight client fires all the time. Am I qualified?
When I burnt out to the point that I couldn’t function. Just stare at a wall all weekend, terrified of Monday. I would much prefer being a moderately-paid human than a well-paid ball of depression.
@SBA1 - I’m better, but I still take medication daily for my PTSD. During my LOA Cigna denied my medical claim.
Pro
Last year. Yeah was told I was going to be promoted and just didn’t want to deal with it anymore. So my salary as EM goes up but what the hell, do I do the same grind again for the next level? And then again for the next level?
If I wanted to grind for resources in an MMORPG, I’d atleast have fun playing the MMORPG and kill a few internet dragons in the process.
So I exited to industry, used my promo-year bonus and savings as down payment for a huge house. I now work like 40hrs a week, spend time with my wife, catch up with friends, have real relationships and real conflicts with my loved ones.
I know my general earnings potential is down, but I’m happier.
No sir, I’ve only ever done sales and marketing operations, and tech implementations
I thought I was there. The last few weeks make me think I haven’t matured past that behavior.
VP3, thanks for that. There’s more to this story that’s not appropriate to share here, but I do need to recenter what I’m about from time to time.
This is one of those times.
Chief
Near death experience will definitely shock this mindset out of your system and yeah missing multiple major family milestones
When I got to manager and started being able to save about $3000 a month. Have a kid now and not even sure I can keep this job when travel resumes.
Rising Star
I’d imagine personal circumstances such as starting a family will affect career prioritization over career progress.
My parents ran a successful software company my whole childhood. We had a lot of money, a couple big houses, went on nice vacations etc. I was fortunate to have Au Pairs but it would’ve been much nicer to have my parents drive me to soccer practice.
Funny thing is they lost the business and most of the money once I graduated HS.
You don’t get those years back.
At 25 after working for 3 years I just couldn’t do it anymore and left to industry ✌️
I’m 31 and ignoring all consulting recruiters in my inbox
What do we say to the god of WLB? Not today.
Lmao
Literally this week. Turned down a lot of money because the company really seemed like it was a shitty place to work.
Maybe I have a different experience, but I actually enjoy who I work for for the first time in my 12 year career. The new company was a smaller government consulting firm.
When you have a child
Time and youth are way more important than money in my opinion. Really regret all those hours and days I wasted
2 years in. I'd busted my ass and got two promos in 2 years while having no life outside of work, then realized I had zero desire to keep grinding like that.
Ever since I've put in enough effort to kick ass in my core duties and everything else is secondary at best. I mastered the arts of delegation and saying no pretty early on, so while my promos and comp increases hadn't been as quick/large as my compatriots, I made it to partner and have had a legit life outside of work this entire time.
Rising Star
20s, even before I finished my MBA. I have always prioritized my personal life, relationships over my career. I have a great work ethic but don’t let it consume my life. I was fortunate to work for a family-owned business earlier in my career where WLB was embraced and I could make good money and advance. I am passionate about the work that we do and love the clients and people.
I don’t make nearly as much as many of the people on this bowl but I have a good lifestyle and make enough; am proud of what I earn and very proud of the work that we do. I know I could take a more aggressive career trajectory with a different type of company and make more but prefer not to. I don’t want the high levels of stress and prefer to keep my relationships with family and friends intact while still enjoying what I do and contributing a lot. Sometimes I read these posts and see people are making crazy money and I get a little envious, but then you also read the downside that people hate their jobs and have no friends. I’ll take my lifestyle anytime.
Last year. My dad had sudden cardiac arrest and while in the hospital hoping he was going to make it, I was reading emails on his phone telling his boss that she was going to kill him.
You make 140k?! Dude, it’s time NOW. Your 40+ year old self will thank you. Money does not buy happiness
Just hit that - 2.5 years in
Since my mid 20s I’ve mostly been focused on what’s most interesting and (more recently) impactful. That really started when I left investment management to work in consulting (was making $150-200k at the time).
Feel like that’s gone very well, my job now is super interesting and high impact (am an exec at a tech co where I genuinely believe in the mission).
The cliche seems to be true... do what you love and the pay will follow. Suspect I might have made more over the years if I stuck with HFs but I pull in enough now that I don’t need to worry about money much and am fairly happy with my work day to day.
That's awesome!! How'd you find that "mission" fit? I'm currently in sustainability strategy and like what I do, but the grind is finally getting to me. Not sure how to balance what I like vs. a highly skewed WLB, and starting to realize maybe I actually don't like what I do enough... 😂
When I was Covid years old and realized just how much my “happiness” came from seeing my friends ans family and not work (I always knew it but that was a very stark reminder) - to be fair I make enough and spend little enough to have no debt except for the mortgage which will be done in 7-8 years and still put away a decent amount so ....