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Chief
If your position at your current firm is solid it’s best to stay put and agree to revisit timeline at a future time. It can be win-win.
Chief
High risk. High reward. In times of challenges, people look out for their own, and staff people they know and trust. How much political capital do you have with Deloitte? Staffing can be a problem. If you lose your job will Mercer take you back? DM if you would like to get into more specifics.
Rising Star
You could get in touch with HR and negotiate for layoff protection clause for your contract. That's what I would do. Say for 6 months bc by then they should be able to see your value.
I think this is a question that’s very specific to what firm you’re leaving for. If it was A&M, AlixPartners, or FTI I’d have no concerns. Deloitte HC, on the other hand, I’d probably have more concerns
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I’m leaving Mercer to join Deloitte.
Pro
Monitor the situation/overall economy as you get closer to July; still ~2 months out. You have plenty of time in case you decide not to jump ship, as I imagine you’d give notice to your current firm 2 weeks out.
So far, there has been no indications of layoffs, but the situation remains fluid.
New hires are usually protected for a period of time from any terminations. By July, Deloitte would have gotten through the typical performance based exits and your start date is usually tied to a potential project deployment.. I wouldn’t worry about layoffs immediately after joining. You should be in touch with the recruiting team to confirm that the start date still holds before you resign your current position. If we don’t have a place to staff you, we will likely ask to delay the start date.
If a new hire doesn’t get up to speed fast enough they can get laid off within 5 months, it’s happened to another fish
Are you joining the commercial or public sector practice? If GPS, way safer. If Commercial, much bigger risk. Either way, you will need to make sure you are staffed - GPS is growing right now
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I heard some start dates got moved to Jan. Interesting that they’re not deferring all