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Hi Guys, I am 5.5 years Java Developer and I have offer from JPMorgan Chase and Walmart .
Jpmc: 50% on current fixed + jpmc benefits Walmrat: 50% on current fixed + yearly bonus + stocks.
Please help me choose which will be better, mainly looking for brand value, work life balance and yearly hikes.
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I've got a job offer from Deloitte Latvia ( Deloitte Central Europe) for the Riga City. The gross compensation is 3000€/monthly along with one time 2500€ as a relocation allowance with other benefits like 45€/month as Telephone reimbursement etc & other usual Deloitte benefits. Currently I've a ctc of 11 LPA at EY & 3.5 YOE. Is it worth accepting the offer after all calculations. #Deloitte #Europe #Latvia . Deloitte EY . Kindly provide some insights if u have any .
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Chief
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I’ve heard the opposite - which is that the WLB is better at Slalom
Hey yeah. 4 yrs at slalom, switched over and just finished my first year at D.
Slalom is known for WLB but it always depends on project. I currently have better WLB at D than I ever did at slalom but that's very project specific, it's a good team and we just laid out whats important to us. In general you don't hear the late night strenuous project horror stories at slalom that you do sometimes out at larger firms.
The local model can make things feel like a bit of a bubble sometimes, and I think promotion was especially about who you know and who likes you (I know, it is everywhere). In general slalom gets smaller projects as it's harder to scale with their model and no offshore.
There is an atmosphere at slalom where you do not need to do the late nights, and can log off at 5, but often times a project will demand more based on your role.
Travel at D is definitely a thing, it can be stressful if you're on a heavy travel project (or great if that's the lifestyle you prefer). Slalom does not have any required travel so it's great for family and local commitments.
Honestly enjoyed working at both places, each has their own benefits.
I made the switch from slalom to Deloitte with nearly 4 years at slalom and more than a year here at D. I enjoyed my first couple of years in slalom(before I realized how fake my leadership team was) and I am liking it here so far.
In my humble opinion the areas where D is better than slalom are :
1. Brand value : you get to work for bigger brand which is easily recognizable across industries.
2. Better bonuses and raises : There will be exceptions here but on average the YOY raise at D are better than Slalom. I got a 3.8% raise 4 months after joining. The target bonus for me here is 17% compared to 10% @ slalom.
3. Transparency and Independence : this is what I love the most. Everything is governed by processes and checks and balances are put in place. This allows you to navigate around the politics and overall you feel that you are control of your career path. You never feel that you are at the mercy of one or two individuals.
4. Well defined Job titles and promotion structure : Minimum and max periods in a job title are defined with the target promotion date set in the system visible to the practitioner and the leadership. The target date is 3 years in a designation, high performers get early promotions (in 2 years) some get late promotion (in 4 years). This also leads to the infamous up and out though.
5. choose your own Manager: You are assigned a Coach when you join but if you meet any leader in the practice that you feel would be a better fit you can talk to them and get them to be your managers by raising a simple request in the system. Requiring only the approval of the new manager.
Areas where I feel Slalom offers an advantage are :
1. No up or out: You may coast around at one level for years.
2. Faster short term growth: if you can make friends with the right people you can go from analyst > senior principal in 3 years or analyst > Dir in 4 years. This is not possible in D even if an MD is in love with you 😂 since the processes won't allow for that. The best he/she could do is to put you up for early promo every 2 years.
@SC5 I know 2 one was straight out of grad school other had two years for prior industry experience with 0 consulting experience. The fact that this comes as a surprise to you makes me presume you are not in one of the west coast markets ?
Also one of them was far from being a "Top Achiever" unless you define being friends with the GM and hanging out in the MDs house as achivements 😂.
Chief
I did the reverse (Deloitte to Slalom).
There are so many pros and cons, and everything can very at Deloitte based on the group/office/level/project. It’s hard to compare without knowing what’s important to you and what kind of work you do.
If you aren’t joining for the long haul, aka, seeking to make PPMD, I personally don’t think it makes much sense to go to D. It would be really hard for me to adjust back to how hard I used to grind there.
I’m in M&A @ C3 which I think falls under strategy? Am new
Slalom has a ~85-15 model of non-traveling consultants and global mobilized consultants, not many travel. Deloitte follows a national model and everyone can be staffed on a project anywhere, so traveling is a necessity that can happen pretty often. Most of the time you don’t even work with people from the same local office.
SC3, Jsyk Slalom is 17+2, not 18 :)
They also have less standard holidays 😑
Couldn’t agree more on the analyst -> director in 4 years if you can make friends with the right people. Many with lack of skills get promoted. Would have people with about 2 years of experience being a consultant or above that don’t even know the basics.
So true, couldn’t agree more again 😂