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McKinsey & Company How likely is McKinsey to rescind an offer if there's a recession/downturn before my start date? Received an Associate offer with a start date early in the Fall. But I'm worried about the offer being rescinded due to the ongoing McK scandals/issues and a potential recession in the making (which may prompt them to freeze hiring and/or renege offers).
Has this happened to anyone before at McKinsey, offer getting rescinded due to economic/company downturn? A bit worried
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Disney Streaming Services I completed my interview process with DSS early last week, and was reached out by recruiter that all rounds were strong hires, and they are extending an offer. We set a time to talk on Friday about the offer. However, the announcement of targeted hiring freeze happened on Friday. I was ghosted with no call. What should I expect now? Would I still have chance to be offered?
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Advice needed - boyfriend has almost 3.5 years of finance experience at a bank. Interviewed for PwC valuation senior associate and now recruiter says they want to hire him at “experienced associate” because he has no valuation experience. Is this too big of a step backwards in career? Should he push back and see if it gets him anywhere? If he does accept Associate, is it reasonable to ask for written, definitive timeline (1 year?) for promo to Senior upon meeting standards? Help!
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Probably now tbh. SM3 making just over $250K and have the same clients year over year so the process is locked down. I’m currently satisfied staying at this level for a while and have no aspirations to become a partner at this point of my life. The first 10 years of my career I was very hungry and gave 100% all the time. I’m not burnt out per se, but I no longer need or have that urge to grind as hard to feel like I am succeeding in my career. My energy and commitment solely to the job has changed now that I have a family. Part of the cycle I guess.
My group has a lot of SM, and the ones who want to make partner are the ones really grinding it and getting new work, networking, etc. I’m not doing any of these “additional” things and really just focusing on the client work itself. I’m still doing good work but flying under the radar so to speak. I can probably get away with this for 3-4 more years before they start looking at the new potential partners after the ones who want it now get it in the next year or 2.
Never. Stay hungry.
This is such a personal question and depending on your life situation and expenses. Everyone is going to have a totally different answer.
Great analysis of the question!!! Very helpful
I’m satisfied where I am now. The wage is above my comfort line, the role is challenging but not overwhelming, and I have a significant amount of control over my department/area of the organization. I’ve seen what it takes to level up and I know I have the skills for it. However, I don’t want to work the hours that next level requires. For context, I’m in municipal government and am essentially a CFO but this org uses director instead of chief in the titles.
Closer to retirement and didn't want to work any where else..lol
It took switching from public to private to find a company that truly cares about me and doesn't just promote each year just to promote. I was in a firm that promoted everyone every year no matter what. Then they fired me after they said to get more training and I was in the process of doing so. From there I took a temp position where the company wasn't honest with me and treated me as "less than" the permanent employees. Only within the past 3 ish months in my current role am I learning what its like to be in a company who really cares, not just about you professionally but also your general well being