Big 4 partners: is there a firm-specific risk to the partner pension, like if the firm were to go under (e.g. Arther Anderson)? I assume you could mitigate this by taking lump sum, and investing, but wasn’t sure how this works.

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You can’t take a lump sum. The pensions are funded out of future firm cash flows. So yes, you have entity risk. If the firm goes away your pension goes away.

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I’m sure the brands will survive, and that the businesses will reinvent themselves (many already are). But what is less certain is whether the ‘Partner-Staff’ model itself will survive the scrutiny and demands of an increasingly egalitarian and inclusive work culture — can you truly be those things when some people own the firm and others don’t? (vs. all being employees albeit with different roles and comp). The Partnership model - esp at scale - may become an anachronism which makes this whole pension point moot. I’m of the view that it is not worth banking on. Earn the income, save and invest. Pension is like the lottery.

As far as I understand it this is exactly the risk. This is why Partners who were previously AA partners who came to Deloitte stayed until mandatory retirement - had to rebuild their pensions

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All the reimbursement and other stuff which goes to partner for approval , does partner actually sits and review all those and approves it or does he have any secretary or assistant to approve all that.

Currently 4 expenses(1 internet, 2 Cab, 1 Flight) which are awaiting partners approval and I am really concerned if he's gonna come shouting at me 😂

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What areas have had the most rent reductions in Manhattan?

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Does anyone have experience rolling a Vanguard 401k into another 401k? Leave it with Vanguard? Roll it to the other? Any top tips?

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Has anyone ever left a role during maternity leave? What is your experience and/or drawbacks of doing this?

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Can anyone give me a rough breakup of expenses in Dubai please for a single person. Is 12-15k AED reasonable every month?

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Trying to find an investment property to rent out for about $300k - what are your recs for location ?

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Does anyone know if we can reimburse expenses for items listed in Wageworks while on maternity?

I know we cannot expense phone/internet/ commuter benefit as I am not actively doing work.

However, for other items that fall under wage works reimbursement, I couldn’t find anything in writing yet.

Let’s finish this up strong! What are your year-end self development plans?!
We have our last session of the year of our group/guest financial education cycles at our Downtown Toronto office this Saturday. We go through our first financial education session that we talk about basic to higher level of financial information; from saving, investing, risks and returns, registered accounts, etc. There is no cost and no obligation. If you are interested to attend in-person or via Zoom, let me know.

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So I had been working as medical interpreter up to the early part of this year. Today, during an interview, the Director with whom I was interviewing genuinely urged me to consider pursuing a career as a PA or even attempt to go to medical school. I had considered it in passing before but today was about the third or fourth time that someone had earnestly nudged me in that direction. Has anyone here made such a career pivot before? I love working in healthcare, there’s nothing like it.

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Does anyone know a Shariah compliant mutual fund that won't violate Independence policies?

Are there any RPA UiPath openings in any of the big 4? Is lateral recruitment happening for these roles? Thanks in Advance

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What is personal independence??
Why Pwc asked me to fill all investment details for me and my dependant.
Can anyone please help me on this ??

@pwc

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Is there a home buying group for Seattle area?

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Hi everyone, how much % do you allocate shares for early employees

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Hardest part of navigating maternity leave and WLB as a junior partner?

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Just over 6 years in B4 financial services tax in PNW area. Mostly doing compliance work pumping out K1s and returns. Just got an industry offer at 155k 15% bonus and 100k equity (4year vesting). Fully remote position with occasional travel. Should I accept? I know it's a long shot but deep down I always had an ambition to pursue PA to see if I can make a partner. Please share your experience.

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Any Benefits Analysts out there willing to share salaries? I am a remote employee but also looking in the Atlanta area. About 7 yoe and wondering if I’m cheating myself to ask for max $80k.

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Hey, work at Big 4 in San Diego office doing fin services - want to move into something techish related in San Diego. Any thoughts?

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Good for Clemson, glad to see Bama fall. I still think they play in a poor conference.

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How is your Ambassador service? I reached it with the merge but really bad so far. Not reactive, I have to wait days and send multiple emails to get an answer, doesn’t do what she says she would do...

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Hi i have Received offer from cerner WITH 26 LPA.my current CTc is 16.5 lpa.is it good idea to join cerner?

Hi,
Is anybody joining HSBC coming week?
If anyone is joining, can you please let me know whether you got any onboarding details or mail regarding same

Why doesn’t anyone post in here?? When are we all going to hang out? Who’s up for drinks? Coffee?

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How are hours in CMAAS?

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After panel interview how long does it usually take for the recruiter to contact with an offer?

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Hey all! I am trying to get creative with recruiting in Chester/Richmond, VA area. What are some great sites I should post on?

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Where to find “real” organic fruit? The organic bananas and apples from Trader Joe’s and Sprouts always makes my mouth itch

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Anyone need help with content? I can help create marketing content, eCommerce product shots & user-generated content (UGC) videos to run as ads.

Don’t hesitate to reach out !

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Hi people,Does anyone have given visa hackerrank interview recently? May I know the kind of questions being asked and their level?

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A rare occurence

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Incoming analyst at McK next month (US office). Are consultants expected to be in office right now or is the firm still doing WFH?

I've been living with SO in another city. Want to know when I should move back to the McK home office city.

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Looking for 2 to 8 YOE for lateral hire in Technology consulting roles. Folks with red hat, open shift, RPA, BPM, Salesforce CRM, big data & Analytics experience and certification, DM me for referrals.

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Has anyone done the LBO test at Berkshire Partners? Coming from consulting background and have heard that LBO is a possibility - wondering if it’s a paper LBO or more significant.

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Additional Posts in Partner One

PwC is getting a lot of hate out there :(

Any partners here who worked in a midtier firm (GT/BDO/RSM) and the big four? What is
the compensation difference at the partner level?

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If I accept the promotion to Partner/Principal what's the least number of years I could work without it being a financial mistake. I have an opportunity to do something completely unrelated that's my passion, but I feel like that's the wrong decision when I'm this close.

The other opportunity should still be there for 2-3 years

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Hi partners. I’m considering an offer from a key client in my region. I’ve never been on a client engagement with them, but my practice in my region has traditionally done a fair amount of work(contd)

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Dear Partners-
Have any of you switched firms to make P? Worth it? Tips? Have always planned to make at my firm, but my firm isn’t keeping up their end of the deal, so I’m job hunting....

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What is base pay range for L5 at Accenture?

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Would you say being a partner is more demanding than being an industry exec?

Is it true new partners at PwC are making 550-600k? Are there big differences in Partner Comp between Big Four?

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Do partners know each other’s compensation? I see partners selling engagements for vastly different numbers b/w shorter ‘interesting’ strategy work and longer ‘boring’ transformations. Thoughts?

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Accenture MDs - if you participate in VEIP, what is your % invest going into CY19? I really want to do the full 30% but as a new MD, but curious to hear others thought process / logic.

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Partners, when you identified a minor error from a deliverable that was reviewed by SA and manager. Do you mostly get upset/disappointed at the manager, SA or the associate?

How is partnership pay determined across service lines? Do partners in consulting get more units than let’s say audit ?

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For partners with kids ~13 and up. How many sporting/music events do you find yourself missing? I’m making it work with weekend stuff, but I know as they get older more happens during the week.

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Hey Partners! I accepted a position at another firm and was bumped from manager to Senior consultant level. Could you give me some advice on 3 key things I can focus on to help me re-advance quickly?

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PwC Anyone went through a direct admit Partner process? I am being approached and have some questions (process, timeline, interviews experience, compensation etc.) Thank you!

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How many years into the partnership do you hit 7 figures? On an average.

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Any tips to manage third party vendors and their employees from a contractual point of view to make sure they deliver well.

I do things (late nights/weekends) that I don't think my managers/partner knows about since everything is running well - directly correlated with elected hours spent. Is it weird to bring this up?

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This bowl has been quiet and I see partners commenting on odd posts around fishbowl so I figure you need more fodder: partners, did any of you have parents that travelled as much as you do?

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I know money is relative but at what stage in your career did you start making and saving the big money (saving much more than you could spend)? I am not a big spender but....

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