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Confirmed layoffs at H+K today.
Why are people being laid off again?
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My director always said "What doesn't kill you makes you partner."
#proud to be bottom 33% 😂
It is PPMD now
Principal, partner, or director
This circle jerk again - this is true of every industry. Which is why there's so much cross movement at higher levels.
1/3 chance of making PPD? I think it's way to high. 5% may be about right, I guess.
@enterprise consultant , you're completely incorrect. Senior positions are saturated with consultants.
What's PPD?
maybe bottom %15 get fired, then the other half or so of the bottom third stalls out at manager/sr manager then leaves for some overpaid role at an industry firm where they don't really do much
Pretty fair assessment.
Meh
The top 33% who are not nurtured and given the opportunities they want quit (which ends up being most, but certainly not all)
33% become PPD? Senior Managers go on to take cushy overpaid ($200k) jobs? Lol, both of those things are fantasy carrots that get you to give up you life for work. Much lower % ppd, and 30 something Senior managers are going to be disappointed if they think clients are clamoring to give them Director level jobs....those are for people who came up through the ranks at their company in almost all cases. No? Disagree?
Not bad.... I can see that.
@confusingincentives: Quit now and be in the top 1/3rd of consulting professionals!
In accurate.
Aka the mediocre middle.