Expecting to get laid off tomorrow. Partner called for meeting out of blues. Just curious - Do these layoff come with any severance package? If yes, then how much

like
Posting as :
works at
You are currently posting as works at

Sorry to hear.

like

Which service line? And buddy, it might just be for another project?

like

It could be your comp discussion call!!

like

What's the update?

like

Hope you are back on your feet

like

That's a consolation at least.

like

Oh no! So sorry OP. Are you going to look at non-consulting jobs for your next move?

like

Are you right out of school? Keep your chin up! It is hard but you have some notice.

like

Thanks for checking. I got reject from Google but did get McK and Amazon. Accepted Amazon as I wanted to cut down travel and obviously the pay was really high compared to McK. I didn't want to start as a Senior associate again.

like

I guess you are back on your feet, lol!

like

Let us know what happens. Have no idea what EY's package might look like. Usually depends on level and tenure with the firm

Could be compensation call? Maybe. It's still a little early.

Depending on level. Senior level usually they give 3 months even tho they don't have to

For Senior Consultants??

A senior, yes

It's mid August - could be comp call. I think we did most of the cuts already.

I agree with the others, more than likely could be your comp call, which would be sweet since you'd find out on the earlier side vs many of us

Hope it's a comp call but in case it's a layoff, negotiate your severance.

Yes. It was a layoff. First year into consulting. ☹️. Did get 4 weeks of severance and same amount of notice period. So total 2 months.

What was the reason?

Related Posts

How do people feel about their new compensation statements?

like

Can the HR revoke my offer letter altogether, If I request for a salary renegotiation just 1 month before my joining date?
This for EY GDS, HR Manjula.

like

I have a little over a year of experience as a Partner Success Manager at a Tech company. My company is looking to do salary negotiations this year. When I started out, my base was 70k plus commission of 10k minimum extra. Curious to know what others are making as a PSM and also looking for other opportunities!

like

6 years exp at Investment Banking IT group, will be hired as SC at EY Advisory SF office. How much i should ask?

like

SAP finance consultant at Accenture 3 yoe. What base salary can I expect in NYC?

like

I recently got laid off because of some strategic decisions by executives which led to operation cease in my whole business unit. I've 3+ years of experience in Automation testing. I've experience in selenium, rest assured, docker, dialogflow, Jenkins, and few more as well. Please help me find a job.

like

What do big four federal healthcare associates (with 2 years work experience in healthcare industry) make in the advisory practice?

likehelpful

I’ve seen a very large range of income for general dentists. What is your income or expected/average income for dentists working 35hrs a week as contractor or associate in the city/ suburbs?

like

Hi All, currently Visa is approved, stamping is yet to be done... But the package is 60k only and I heard from colleagues who are already there, that this is not sufficient... I am working at a package of 12 LPA in India, and I think switching is the best option rather than going to US. Need your opinion please

like

Hi Fishes.
I am an engineer plus MBA. Senior Associate 2. Have around 8 years of experience after MBA. What is salary range offered in pwc ac for this skillset for Dynamics 365 CE? I am expecting 1st hike now, so want to analysis if the hike keeps me in high range available in pwc ac.
Thanks in advance.

like

Can anyone share experienced SM salary at BDO, medium COL city. Any idea what MD's start at?

like
like

I am having 4 YOE as a frontend developer
2yrs as a pure asp dot net- jQuery Frontend developer
2yrs as a React,Angular UI developer (means my current role doesn't have api integration and in-depth frontend activities)
What to expect in basics of salary and skills to up-skill my career as a frontend developer.
I feel like I'm underpaid for the work I have been giving

like

Is there anyone who works currently or has worked for Travelers Insurance in Hartford CT? Looking for an idea on compensation, benefits and your opinion on the company. I’m interviewing for the Operations Manager role

like

What is the salary band for Management Consulting analyst with 5 YOE at ACN?
Asking for negotiation purpose.

like

Does companies like Booz, AFS have annual raises like big4 firms? I’m work in big4 and not sure other companies has that

like

Hello Everyone ,
I recently got interviewed jan 22 2022 for QA position with tcs got shortlisted and uploaded documents very next day after 1 week got salary breakup(Feb 1) , when can i expected offer letter?

like

Hi All

Received offer from HCL for 19LPA
YOE 7.1
Band E3
Associate Consultant
Domain Network Security

CCTC 14LPA
I asked 20LPA.

Is 19 LPA good package for the E3 band?

like

Hi All,

If i accept the offer of company Abc (MNC) to get a counter offer and after getting better offer then if declined company Abc offer, then any penalty needs to be pay for 2 month?

Could you please help me out here.

like

More Posts

Much needed! Thanks for rolling this out

Has anyone left PwC while they still had an outstanding Educational Support Program repayment agreement? What is the repayment process like? Am I required to pay back the amount in full the day I leave the firm or is there the ability to do a repayment agreement? I’m looking at new opportunities and would like to have my new firm take on the amount of the tuition agreement ($14,000) but don’t know how much that might limit my options.

like

I’m in Deloitte human capital and want to eventually (but sooner rather than later) move to industry doing internal talent/people stuff. My coach recommended getting SPHR or equivalent. Thoughts?

How long did it take before you learned to just embrace the craziness?

like

Question for yall. How likely is an offer once a company decides to do a reference check? I know I am in the final 2, from context clues in interviews. I just dont want to get my hopes up.

like

Anyone work at ProAssurance/MedMarc? Have potential to move for 25% higher salary and fully remote work, but wondering if there’s advancement opportunity and how the culture is. Thanks!

like

Have you ever completely walked away from an offer without countering because it was too low?

like

Hi All,
Did anyone know about the company Trane Technologies and know any insights about the company? Trane Technologies is manufacturing company of HVAC. Not sure about company work culture and other details. Now I got an offer from wipro for 18LPA(17 fixed + 1lakh variable). And there is a offer from Trane Technologies for 16LPA. So not sure to choose between 16LPA product based company or 18LPA service based company. Help me here.

like

Is anyone else worried about screen time or strict about it? I'm a bit torn about it and curious of everyone else's thoughts.

like

Associate development manager salary in Accenture,
YOE - 9

like

Will accenture accept my CTC revision request 2 weeks before joining , I am getting better offer from other company and still looking forward to join accenture.
Pls advice.

like

Hello, I'm a business analyst in retail banking domain, currently holding an offer at IBM, Virtusa and NTT DATA out of which the highest package is NTT DATA. Virtusa and IBM giving the same fixed component whereas in addition Virtusa provides 10% variable
Kindly suggest which offer to take up and suggest me based on your experience

My YOE : 5.5 years

As three of them provides me the same roles, not able to decide which one to go-ahead with

like

Hey all. I have an interview with an investment bank coming up. I am currently a senior associate at big 4 doing financial due diligence. Can anyone give me interviews tips/what to study? I am very new to the diligence (less than 3 months), so am far from understanding a deal start to finish.

like

After 15 years in the industry, I can really say that these last few years have been the most challenging in terms of navigating all the sensitivity and political correctness.

like

As other global firms are calling their employees back to office ? Will pwc ac follow the same or will continue to provide option of working from home .

Anyone know of a sort of speeddating site for London creatives looking for a partner? Kinda sick of seeing most job alerts going up as "looking for creative team".

like

Does anybody know what Akerman’s hiring timeline is like after the interview?

like

Can someone explain how to maximize the 401k employer contribution -- by when during the year should I have invested the full $18k to get the 1.5% match?

like

Just had an industry interview and the internal audit team was only 2 other people which seems small to me. Is there a rule of thumb for how big should expect the internal audit team to be?

like

Additional Posts in Consulting

Is EY hiring for SAP TM? 12 years total SAP exp with 5Y SAP TM.

like

What kind of work does West Monroe M&A do? I’m interested in learning more about the role

like

What is the best consultancy for Media and Entertainment work? Considering a move…

like

All the Delta purple outfits look like they ran a size smaller than the old ones - attendants don’t look too comfy.

likeupliftingfunny

Any good travel tips for those of us who travel mon-thurs? New to this and looking for some advice before I get staffed.

like

AITA? I’ve had 11 1-star rides with Uber…

Post Photo
likefunny

EY-Parthenon Does any fish know about software strategy group? What’s the % of the work is cdd work? Is the practice highly regarded? I am keen on TMT projects and planning to apply to this group in the fall (via advanced degree campus recruitment) EY-Parthenon EY

like

How much have people been traveling lately at MBB?

like

Received an offer from Boston Consulting Group for a PL1 and am curious to what can be negotiated. I assume base is set but can other factors changed? Also, an input on the position would be appreciated.

like

Any good books or recommendations on sales? Sales tactics trips and tricks?

like

Definitely not a fan of Westin's "Eat Well" proposition. I'm working in the room at 2:00 AM and the most appetizing menu item is a cold turkey avocado and arugula wrap. I just want a burger and fries!

like
like

How much severance should you expect after getting booted after 1 year. I got 3 months salary

like

Anyone have CFP Prep books they don’t not need anymore?

likesmart

Bcg 🐠: are you required to “resubmit” your application after someone refers you?

like

Series C start up offer and they gave me two salary choices:

- 90k with 10,000 stock options
- 99k with 5,000 stock options

What do y’all think?

like

Justifying the Sheraton's painful bed to yourself because the Four Seasons don't recognize your loyalty

like

KPMG finally gave me a promotion

Post Photo
funnylike

New joiner. What should I get with my $250 wfh stipend? I already have standing desk, dual monitor, portable monitor, and good headset, not too sure what else I need, but it’s free money. Thanks.

like

Bain & Company What are the best consulting firms and practice areas for Energy/Utilities advisory?

Additionally which companies and roles offer the best exit?

McKinsey & Company Boston Consulting Group Bain & Company Oliver Wyman EY-Parthenon Accenture Deloitte EY

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal