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I recently joined TCS but I was moved into very different project which was told during hiring. Also they told me for joining incentive but later after 65 days of joining they didn't give saying your business aproval got rejected. I really want to be with TCS but due to project dissatisfaction, I am looking for different job. I am not sure if I can leave the organisation soo soon(4 months) and it should not effect my carrier.
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Hi Sharks, I am asked to sign the offer letter. It's kind of an agreement between me and the company for accepting the offer and compensation numbers. Of course It doesn't have statments like I have to join the company on signing this. My question is that 1. If I get a better offer can I go and ask them to revise the offer? 2. Can I decide not to join the company? Will there be any legal consequences? Have you ever been asked to sign the offer? Boeing Tata Consultancy Wipro Capgemini Cognizant
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McKinsey & Company I am joining the McKinsey & Company Boston office in late July and searching for housing in the meantime. If I could get some insight on the ratio of days in the office vs work from home that would be super helpful!
If I need to come into the office regularly I will try to find a place close by.
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Advice needed - boyfriend has almost 3.5 years of finance experience at a bank. Interviewed for PwC valuation senior associate and now recruiter says they want to hire him at “experienced associate” because he has no valuation experience. Is this too big of a step backwards in career? Should he push back and see if it gets him anywhere? If he does accept Associate, is it reasonable to ask for written, definitive timeline (1 year?) for promo to Senior upon meeting standards? Help!
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MM firms will all be eaten up by PE in the next few years. Either stay in the B4 or go local. There’s risk in local firms but if you have a direct path to partner, you will have more control over your destiny
I have two close friends who took a risk and moved to local firms from B4. Both were “big fish in a small pond” situations where they joined with set expectations of quickly making partner and they both have. I’m kind of jealous! They both work long hours during tax seasons but outside of that have great work life balance and make a lot of money. Honestly seems like one of the best routes to take right now for someone who would get stalled out in the B4 at the SM or Director level.
I am not sure I understand the question. Are you looking for the differences in the day to day work? What it takes to make partner?
I work on the advisory side that you mentioned; some good days, some bad, generally 45-50 hours a week with some lighter periods maybe every 4-6 months.
Don’t hold your breath on becoming an equity partner. In case you haven’t heard, PE has entered our industry… Baker Tilly was sadly one of the first few and it is official as of this summer. It’s all KPIs and “why didn’t you bill the exact number of hours you estimated 6 months ago when we told you this was just a draft estimate for funsies”.
Love my team and have grown disdain for the firm. A lot has changed since mid 2010s.
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Or go to industry and all of your problems will be solved
Yes, I did this - as an experienced manager with PwC and moved to a boutique consulting firm that was subsequently acquired by CBIZ. I am in the private equity advisory practice with CBIZ. CBIZ is a publicly traded company so not at the same risk of being taken over by PE as many other public accounting firms. Certainly pros and cons of going from B4 partnership to publicly traded company structure/audit vs advisory vs industry roles/ large to MM clients. I shifted from F100 clients to middle market, and haven’t looked back. Would be happy to share any perspective.
You would be surprised how competitive pay in MM firm is compared to B4. I know several partners that moved to MM firms some as small as top 40 and are making 40% more than Big4. No ltcp though. But that will be gone in b4 in next 10-15 years as margins continue to erode.