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I got offers from Tata Consultancy - 18 fixed+4.3 VP
Birlasoft - 25L agreed on initial call. HR round pending.
Tech:Mainframe, YOE: 11.5
15 days notice left.
TCS asking for joining confirmation within 3 days.
Is it worth rejecting TCS, for 10% more package from birlasoft.
TCS better on:
Health insurance
More Yearly leaves
No relocation
No shifts
Birlasoft better on:
More package
May get joining bonus.
Help me decide which one to choose?
If any other factors to consider?
Hi Fishes, I grabbed an offer at Accenture with 12 LPA fixed for Level 9. I'm not getting a retention offer from my current company at 13.5 lpa. How do I go about a counter offer with Accenture HR? Also tell me how to approach this situation smoothly.
If HR doesn't fulfill the counter offer, is it ok to accept 12 lpa fixed for Level 9 and when will I get a hike here and how much would it be approximately?
Accenture Please provide your insights. This is my first switch so I ne more exposure
Anyone received salary in hcl?
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Chief
Rising Star
Can we take leaves while serving NP?
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What is the difference between associate software engineer and associate consultant, one of my classmate got position of associate software engineer and I got associate consultant role. Which role is better in EYGDS ? We both applied on campus for the ASE role, on what basis our roles were decided? EY
Jummah Mubarak Fam ☪️💚
Additional Posts in Consulting
Best advice for new analysts or graduates?
Hi All, I was approached by a recruiter to interview for a manager role at Strategy& based out of Toronto. He mentioned the base pay range for a new M will be CAD 145-155k.
Can someone please share:
1: What the interview process will be like?
2: Is the base pay in line?
3: If I go through, is there a signing bonus?PwC Strategy&
Chief
I *love* my dogs but this is a bit excessive
Rising Star
Covering for my boss today. I will be a just ruler.
Rising Star
Would you be sad if you got fired today?
New to Fishbowl?
unlock all discussions on Fishbowl.
The benefit that no one is talking about is that there is a chance of not having to stay for longer than 6 months
Ded 💀
Do not do it. Not only is it an explicit hire and fire, but L.E.K. will make you do the lowest level grunt work for those 6 months and then fire you. As in, you will be LinkedIn messaging hundreds of random people to set up expert interviews because we’re too cheap to rely on expert networks. As in, you will be sent many slides with nothing but the most basic cosmetic edits for you to do (eg, finding logos for table sides) while the content has already been filled in by more senior people. As in, you will not touch a single model in those six months. You will not get (m)any marketable skills, and very few people outside of the consulting world have even heard of L.E.K., so the exits will not be good.
I personally think this program is a new low for L.E.K., and I advise everyone who is offered a position in it to run, not walk away.
Rising Star
Why don’t you offshore the expert interviewer sourcing roles? Why pay an undergrad $100K to do this transactional work?
Chief
This is like cartoonishly wrong by a leadership team with a preexisting industry reputation for treating people badly.
I give the LEK partnership credit for their audacity. If you’re going to be awful, may as well be good at it.
Pro
Today LEK just died on FB . RIP LEK!
Means that they don’t trust you as a candidate that much but need labor fast. Basically a contract role. Expect to be let go after 6 months barring exceptional performance.
Chief
Yeah chat with HR about this. lol. They are definitely here.
Rising Star
This sounds like hell. So typical LEK.
Just know what you’re getting into...
Chief
lol B1. Totally. Yet people continue to fall for this shit.
Have any LEK partners seen this thread / can anyone in HR please show them? We need to do something about it (address the underlying issues that is). Our reputation is getting embarrassing now
Pro
Like any relationship, working is a two-way street. If you are just giving and not getting much back , then you are losing . Wake up and stand up against modern day slavery .
Wow!! LEK is as unhappy as we are :):) 👋
👋
Chief
Please think twice. You’re about to sign on for a temp role.
Keep in mind that part of the reason they are doing this is because of the number of people they let go at the start of covid. I know people with less than six months of project experience that were let go during that time which is completely unfair. If they do that to actual employees imagine what they would do to people in this pilot program
Yes, people were let go in April 2020. LEK masked the layoff as performance related.
New hires that started in October, had two weeks of training, only had the opportunity to do two projects, were let go because of "performance reasons".
I'm ashamed of so many things our leadership does. They treat people just as a number.
This is super duper duper sketchy. It very much reads like a unethical ploy for some short term labor. If you really want it, I would push for some terms/comp that look more like a contract position. For example...a big bonus payout (30-40% of paid comp) if they let you go before 2 years.
If you replace ‘pilot’ with ‘internship’ would your answer be the same?
Let’s don’t forget that when Everyone was laying people off and rescinding offers, LEK was one of the few firms who didn’t rescind any offers and never laid off our people. LEK also gave us more than a week of extra vacation to acknowledge the hard work. They guaranteed maximum profit share for Q1 2021. They decided to anticipate salary raises in the U.S. and they actively decided to pause selling to give us room to breathe.
Chief
I’m not trying to be an a$$, but saying “LEK gave us a week of extra vacation” and then saying “but yea, we had to take 3 weeks of unpaid leave” sounds like some pretty strong cognitive dissonance.
Times were definitely tough for some firms last year, no doubt. But being forced to take almost a month of unpaid leave more or less disqualifies a firm from claiming that they did their employees right, IMHO.
Chief
I’m confused is LEK still T2 or have they moved to T3? Please advise
Pro
They’ve moved to “never consider even if 120% increase in TC”, personally
Sounds like they’re trying to stiff you out of a year end bonus
Happy to announce I passed the pilot program.
Just my opinion on it: During my 6 months, I kinda forgot I was in the program because I was always treated like a regular associate; none of my coworkers or team members even knew I was in the program.
A little background on me: I think I did pretty well in the interviews minus one or two minor calc mistakes. In terms of my case performance, I did pretty well but not exceptional: 3/4 on my first two cases and on track to get a 4/5 on my current case (on a scale of 1-5). So I probably performed a little better than the average associate.
I think this program highlighted the fact that application/interview process isn’t perfect. Interviewing skills doesn’t directly translate to professional / work success. As a result of this program, the CIO did say that they are changing their interview / screening process. Not exactly sure of the details but I think the quantitative aspect won’t play as much of a factor (don’t hold me to this).
Granted, I think this program could have been laid out better to avoid some of the issues laid out above and the stress that many people in the program had about whether they’d be out of a job in 6 months. But personally, I didn’t really have any issues with the program. I was told the program was a success overall and most people passed but still curious to hear others experience.
Adding to your point that interviewing performance doesn't translate to work success. Interview rounds with those logical reasoning tests and numerical analysis under time pressure are just not good indication of your success at work. Imo it's much more relevant to check the culture fit, understand high level reasoning nad thinking rather than testing maths under time pressure, especially for candidates with like tech or advanced degrees. Overall what you described feels so dated that many consutancies are changing
Just when I thought LEK would no longer surprise us. Explicit hire and fire.
One other thing you should know OP is that typically the first 6 months is an informal amnesty as they do not expect people to perform well.
This is in complete opposite to the treatment that ‘normal’ LEK employees get.
That’s right
I'd advise against taking this offer, for three basic reasons.
1. As others have noted, because of the work you're assigned during your first six months at L.E.K. (sourcing, QC, team admin), it can be challenging to exceed expectations during that time. I've generally received extremely solid performance ratings, BUT I didn't really start "exceeding expectations" until about 6-9 months in. Now, part of that was just familiarizing myself with the firm's processes, formats etc., but equally important (at least) was that it's just very difficult to beat expectations on the work that you're given during your first ~6 months at the firm. In short, it's unlikely that you'll exceed expectations in your performance ratings.
2. The above is important because leadership's credibility at L.E.K. is completely shot. Due to total tone-deafness, misleading / absent communication, and complete indifference to consulting staff needs, we just don't believe a lot of what they put out, and frankly don't trust their motives either. Given that the people who work here don't trust leadership's motives, AND because it's difficult to exceed expectations during your six months here, I'd think long and hard before I'd take this role. Because it would not surprise me in the least if this is a temporary measure that will be wound down as new hires join in the fall, and full-time offers are only given to those who consistently exceed expectations.
3. The staff's miserable. And this goes beyond Fishbowl (I suggest the people who argue that it's just a few loud voices on fb actually go talk to your colleagues). L.E.K.'s always been running lean teams, but leadership pushed that beyond the breaking point this summer/fall/winter with patently understaffed teams allocated across multiple time zones, vacation denials, paused sabbatical program etc. This has led to an unusually high level of churn amongst top-performing, highly experienced staff that leadership is now desperately scrambling to stem/offset, but because of their credibility issues, I don't think they'll have much success. So ask yourself this, if management can't/won't even take care of its best, why would you believe they'd look out for your interests (spoiler: they won't)?
TLDR: We don't trust our leadership, and you shouldn't either. Don't take the job.
^Yes, the staff's this place's saving grace. As in, most consulting staff here's not only brilliant (yours truly excluded), but genuinely kind and fun to hang out with as well. I'm leaving soon and this is the one thing I'll genuinely miss about the place.
So credit where credit is due, they recruit very well. Then they obviate all that through terrible management.
Rising Star
Def wouldn’t give up a stable job for a trial by fire. You either want me or you don’t.
1. Sorry
2. It’s definitely a temp role to fill capacity which isn’t in your favor and if they wanted to keep everyone from the program they would’ve just offered them for full time
3. The LEK people denying that likely are either HR/talent or are people that want to staff projects
4. You can take it if you want, just know what you’re getting yourself into and that you may be searching for work in 6 months