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I have offer from Nagarro for 32 LPA(1.6 variable) and another from Turing of 34 LPA (2.5 Variable) I don't want to Join Turing, but can I negotiate with Nagarro based on Turing offer to increase my package? Or is it too risky since I don't have any other offer. What are chances if negotiation fails they(Nagarro) resind the offer?
Hello guys, I have below offers:
T-system : 27 LPA fixed ( 2 days a week WFO mandatory from DOJ)
Tech Mahindra : 26 LPA ( including 10% variable ) + 1lakh JB ( WFH for now)
Which one is good for better opportunity and WLB.
SAP ABAP on Hana .YOE: 7 yrs
T-Systems ICT India Pvt. Ltd. Tech Mahindra
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Firms will always do things we feel are punitive or at the very least don’t like. Assess your options and make the best decision for your clients and yourself. As Nick Murray stated - as long as you are prospecting you can not fail, once you stop you can not succeed
Grass is definitely greener. I absolutely scorn the new bd I just chose but it’s still better being independent. If I want to buy a book, I find a book and buy it. If I want to take time off, I do. 90% payout pays all the bills and still gives me more money... just saying explore your options
It’s more about alignment of your personality. EJ is great. Comp is good. There are benefits any angle you look at it. Independents and the rest are apples and oranges. Indy b/d and Independents w LPL/RJ/Ameriprise/etc are bananas and pears. It’s all about the opportunity.
I’m in NYC an Indy and always looking to grow my firm...payouts are nice...
Sounds like you don’t want to work hard and keep bringing in new assets. Leave if that’s the case.
Iar 1 it's not 2 mil a month. Highest possible amount is about 800k a month. He may be referring to a net new asset goal if he's losing like 1.5 mil a month.
@ Bankers where are you located? We are growing.
Financial advisor 1 - NW Arkansas
Bankers life, I’m in your neck of the woods. I’d even bet we were in the same region at Jones. We should talk sometime.
Own your book own your life. No quotas no sales meetings no boss no preferred or proprietary products. No compliance issues no nasty haircuts no ludicrous splits. Low overhead high tech cold call if you want or not. Indie is the only way to run YOUR business.
Control Your Future, Go Indie RIA!
I don't understand why people complain about new asset goals and net new asset goals. If you're not growing you're dying! If you want to shrink your workload then intentionally remove clients through a goodnight.
Whew...I’d say that is more feasible! Hahaha
FA told me level 6 was $2m/mo or $36k/mo commissions.
He may be talking about how to move production levels. Those aren't really that indicative of your performance measures. It's like level 4 is 250k gross/year 5 is 350, 6 is 450 etc. But if your'e a level 4 after 15 years that's not a good thing. Levels are more so you can look somebody up on the system and see how big a producer they are. Also confidence boost/ personal goal.
Lol performance is no where close to 2 mil a month. 800k max. That’s still easy for anyone in this biz that works decently hard
If you have a clean U4, we are hiring. Simple, 70% payout. No overhead. And profit sharing. Do right by the client is all we demand.
Actually, I moved from MI after I left EJ. I’m in Rogers AR. Now.
Seems to be a lot of jones people on here as well.
So true, and if you are happy with kool aid, great. But I have not been crammed into a territory here, have no pressure from the firm to continue getting new assets each month if I choose not to, and I can create my own custom marketing that isn’t shouting my firm’s name over my own. And, I own my clients and am not going to have to face a big restraining order if I ever decide to move again (which I don’t anticipate because I’m very happy). I’m not posting on here how fed up I am with my firm... Indy is AMAZING.
Well, I happen to have cycles in my business where I prospect heavily, and ones where I don’t... I’m not a golfer, but if I was, I don’t need someone else putting a gun to my head during golf season when I just worked my butt off during tax season, which is much more useful than door knocking in 80 degrees in July for $10k accounts.
Ya think your going to get a $500k account in July doorknocking? Probably not.