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Hi everyone. I have HR discussion and Salary negotiations soon in Bosch Bosch Global Software Technologies Robert Bosch Bosch Global Software Technologies How much CTC should i ask for?
Current CTC : 12 lpa
YOE: 4.2 years
Skill : Azure Devops Engineer
How much can i get best offer? Should i ask for WFH options.
They said i am shortlisted for a project with german Client and i already had a client discussion with the germans earlier.
No managerial round with SD for me direct HR .
Please help
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Hey fishes. I am L3 DLS Case Specialist (non tech). I am from Rajasthan and been working remotely since I joined Amazon.
However, company is calling us office and I am tagged to HYD office. I have a family so it's not feasible move out .
Can you guys please recommend some non tech roles for which I can apply in Rajasthan. DLS does not have location in Rajasthan. Amazon
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Hi all, I just finished my recruiter phone interview today for “Risk Prevention Escalations Specialist, Global Risk Operations” role and it went well. I have an interview on Friday with the hiring manager. Does anyone know what kind of questions they’ll be asking? I only have 2 days to prep..
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I think I would take it. You can always go back to a b4 role. An opportunity like this would be harder to find again (not that it won’t happen, just much harder to find)
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Also, it could potentially help your b4 career were you to go back. You would have exp running business from a managerial/partner perspective. Couldn’t possibly hurt to get that experience
You’re thinking paycheck when you should be thinking business owner bud
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Well said
Go be your own boss playa
Get to know the small firm as well as you can, particularly the other partner. Absent any red flags, I'd jump.
Thinking longer than 3-5 years is just wishful thinking. That said, it sounds like a wonderful opportunity so I’d say take it!
Confused- your comp as Junior partner at small firm would be 250K or 120K?
Consider more than the comp, exit opportunities, growth, etc.
Exactly my very high end of comp would top out around 320 which tbh is good with me. My wife is also has a JD and works corporate so she will continue to grow her salary. Will be 130k this next year. Will be closer to 200k when she makes director (3-5 years yet). Town would be considered very LCOL so clearing 350-400k we would afford everything we possible want. Land/pool/condo etc.
Think about the type of clients you will be serving.
Nothing about the situation you outlined or the comp seem appealing to me. I wouldn’t leave for that. Never.
Aren't partners supposed to sell work? Can you handle that? Will you get equity in the business too?
If I were employee number 12 or 13 anywhere, I would expect some share of ownership, and not join otherwise.
Are you in audit? 125k manager level seems very mean?
If you’re okay spending the rest of your career arguing over $20 bill increases.
Ok I made a snarky reply and now I’ll make a real one.
I worked at 2 big 10 firms, a F500 and the largest private company in the US before we moved to a small town. I spent the last 6 years at a small firm (35 employees, 7 partners when I left including me) I left to work remotely for a metro firm where I make more money as a tax manager than I was as a partner. (Note I’m not sure if your new firm would be in a small town or not which might have some impact)
Small firms can’t get adequate staff anymore, medium sized firms can’t. With all of the remote offerings now a small firm can’t afford to pay staff what the bigger ones can. Plus other small firms are shutting down quickly. Lots of sole proprietors retiring, should be the dream with unlimited work except due to my prior point, you end up drowning in work with no help. Unlike a large firm you can’t just hope someone else picks up the slack, it’s you and only you.
I couldn’t do it anymore. Too much stress, too much work for $200 tax returns for needy clients who complained if their bills went up $20.
I hope your experience is different if you go that route, I loved the people I worked with and worked for but I just couldn’t do that for the rest of my career.
I think this sounds like an opportunity worth taking. Seems like great experience
Worst case scenario you end up back at Big4
Please take it and I am available for any opportunity in the future lol
Take it
Yeah clients would be individuals and small business less than 25M. 1/3 of revenue is 1040 business. 2/3 is small business accounting and taxes. A lot less headaches when dealing with those types of clients in my opinion. Granted there are a lot more of them but still. It would take me 10 years yet to get to 280k total comp. Can’t I do it in 4? I’d leave big 4 for industry if I don’t take this.
Is that a serious question? 1.5M is peanuts and mistakes/ quality issues could shut you down overnight. Arthur Andersen was making billions and still wasn’t immune. The difference is local firms closing doesn’t make the news.
The biggest red flag I see is you’ve only mentioned the business’s existing client base and revenue streams and nothing about what you’ll personally bring to the table as a partner. Youre not working on someone else’s clients, you need to be generating your own.
Comfort is the maker of cowards.
Take a risk - buy in & build a company.
Currently you are very underpaid. But I don’t see that as your best exit strategy. What if this smaller firm isn’t a good fit. Or they fold before a sale. Try to get into a director role at KPMG and then look for your exit.
Yes it would be a small town. That was my biggest concern as well employee retention. Yes let’s of mom and pop shops shutting down so demand for our work will be higher. What was your pay as a partner?
It will be my job to keep it that way and I’ll make that a priority. In order for a small firm to compete we have to transition to some remote work and more flexibility. I’d want my staff to work less hours will making the same pay
Not all accounting firms are the same. A 12 people roster is probably not getting you exposure (and exits) that you would at even a non big 4. You’ll also probably be dealing with much messier clients and will have more risk since you are a partner. Plus you will need to jump directly into bus dev, whereas at K you are groomed into it through the director and md levels.
I’d pass, especially since immediate comp is comparable to your current comp and you won’t be able to realize the gains of this decision until 3-4 years from now. Who knows what opportunities you will get if you stayed at kpmg by then.
Your naivety that no clients will leave due to the family name is a huge red flag for your partnership skills.
Take it.
Clients will naturally attrition out. How confident are you in replacing that revenue pipeline?
Honestly though, you probably need to speak to other practitioners who have their own similarly sized firm to understand the challenges of running a small practice. There are likely many things you aren’t considering simply because you’ve never run your own practice. Working there isn’t the same. You were probably not privy to a lot of the business admin side.