Hearing rumors that Strategy& is cutting salaries by 30% for Associates? Is this true? I was in the interview process pre-Covid and was going to reach out again soon but don’t want to be insensitive

likeupliftinghelpful
Posting as :
works at
You are currently posting as works at

Me from Deloitte while every other company starts to implode after they lied to you there were no layoffs *eats popcorn*

like

Hasn’t Deloitte been hurting for a while? I heard from a partner

like

My father’s brother’s nephew’s cousin’s former roommate said it’s 42.7% but only to people whose first names have more than 3 vowels.

likefunnyuplifting

It’s a Spaceballs reference.

like

It’s not true. Stop spreading rumours about the Br&

like

Can say with confidence would not happen with any firm. Higher levels take first always

like

Yes, cutting an associate’s salary by 30% is like 1 hour of a partner’s time lol.
OP I promise we are not cutting salaries regardless, but if we did, an associate’s salary is not what’s going to save us

likesmart

Not true, carry on.

likehelpful

Never heard such thing and can’t see why we would do that

It’s definitely just part of your normal performance management process

I heard it was gonna be more like 40%

Thanks all, clearly this isn’t the case - I was shocked when I heard this and wanted to make sure I wasn’t going to seem absurdly out of touch by reaching back out if something like this is happening

Related Posts

How much salary/CTC to ask for Manager in technology role in one of the big 4s?

Hello ! I recently joined Deloitte India. someone told me only Deloitte USI has on site opportunities. Is it true ? Anyone here or know someone who are at abroad on-site from Deloitte India. Thanks

like
like

What are the yearly hikes for NTT consulting division?

Is there a concept of probation in PWC India Technology Consulting? I just received the offer letter and I don't see anything mentioned about it.

like

Looking for a management role in a growing firm with a CTC of 50 l +
If any one has a reference let me know

like

Is this the pull back before the take off to 15k and then 20k for BTC?

likefunny

Hey everyone, I am a 6+ years experienced Salesforce developer and I am currently looking for a job change but only remote/WFH options.
Can anyone please suggest me some good companies in India that provide competitive salary and work life balance?
Thanks!

like

What's the TC for Business Operations & Strategy Associate salary in Coinbase (New York)

likehelpful
like

Microsoft is hiring an account executive and I’m really interested in the role. I have B2B sales experience in a different industry, but my skills include lead generation, prospecting, account management, negotiating, etc (all within the C Suite and other decision makers).

Would appreciate knowing if this is something I have a shot at with no tech sales experience and what I could expect for promotional opportunities and compensation.

Thanks for the help!

I left biglaw after 3 years to a mid-size firm. Took a pay cut but the hours, people, culture and work were so much better I never thought twice about the salary or “prestige.” Ultimately I started 2 very small firms. I am not rich by biglaw standards but I have a very comfortable life and put my kids through college with no debt. 35 years after leaving big law, people are still impressed when I say I started there. I feel like I still had the benefits of the connection w/o the suffering.

like

Alvarez & Marsal Anyone have some insight on the “Data and Analytics” role for A&M disputes and investigations team? Alvarez & Marsal

like

Any tips for Amazon Web Services Senior Business Intelligence interview? Guess it would be SQL round.

like
like

Best resources to prepare for online BCG case?

like

Hii fishes, i am starting to interview at jpm, can anyone guide me on the process and what should be my salary expectations be for Software Engineer python, yoe 1.5+ at mumbai

like

Hi Amazonians, What if I do not submit any idea from last 6 months in RBS. Would they put my name in PIP ?Amazon

What is avg hike you get in vois India

like

Any one in HPE? I recently got an offer (~60lpa, 13 YOE) the variable pay/RSU etc seems to be on the lower side compared to the industry. No joining bonus too. Any one who can offer insights on feasible payranges/ yearly hike trends etc?

like

More Posts

Does business Process Internal Audit or IT Internal Audit make more?

like

How is WLB at Tech Mahindra SBI Belapur client (on site), Can anyone help me with feedback?

like

Looking to move from advertising agency into tech, any advice on making the jump from those who have done it?

likesmart

Hi Team,

What's the salary we can expect for Java, microservices profile.
YOE-8.7 yrs
CCTC -18 Fixed

like

Hello All,
Small help please. What is expected salary range for principal consultant (BA role) ?
How much can I expect on top of 25L fix pay? Also what principal consultant role is equivalent of in general terms ?

like

Good luck guys so many openings Paytm.

Post Photo
like
likehelpful

Bain & Company Hi Looking for opportunity in healthcare/pharmaceutical consulting. Kindly share if any opportunities are available. Thanks!

EY-Parthenon Deloitte Accenture Boston Consulting Group Bain & Company

How is the Jboss Fuse ESB project in Persistent? Any feedback will be helpful.

like

I confess: I want to watch the Silicon Valley episode where they hire ad guys. Anybody know which one it is?

Confession #2: I didn’t know where to post this, but thought you guys might do me a solid

like

Hiring Now..!
Interested candidates apply here,
latha.nayak@gamechangerit.com
C# Automation
 
Mumbai (Preferred ) or Pune.
 
 3-7 Yrs
BTech or BSc
The candidate needs to have experience working in C# automation using Tools like C# Selenium or Coded UI or Worked on custom Framework build in C#.and OOPS concepts.
We can also consider C# developers who are willing to work in build C# automation framework.

like

Do you think Ellen Degeneres will have a comeback?

like

Dear Men - Need your perspective.

like

Any interesting purchases from the sales this weekend?

like

Recently joined cognizant. Current location is Pune, joining location is kolkata.
Recruitment HR has confirmed in the email that I can collect the asset from pune and work from pune for few days until I go to kolkata.
Onboarding HR is like you have to come down to kolkata for collecting the laptop. Has Anyone faced similar experience?

like

In Vancouver for the week. Any interesting thing or activities you all recommend?

like

Switching from Adderall to Ritalin. Anyone who’s taken both have tips for the switch or thoughts on what to expect?

like

Guys...how to follow up with HR without sounding desperate?

like

Is it normal for senior managers to ask you to cancel leaves or to nit apply leaves in EY GDS? My manager told in all hands meeting yesterday to not apply leaves during tear end. Won’t this become a hr issue?

like

Anyone have connections in Oklahoma City?

like

Additional Posts in Consulting

New joiner. What should I get with my $250 wfh stipend? I already have standing desk, dual monitor, portable monitor, and good headset, not too sure what else I need, but it’s free money. Thanks.

like

What’s everyone’s 401k balance? I’ll start. 20 years saving and have 650k.

likefunny

There is a role in EY-P that I'm interested in but I was hoping to see it for C level and they're only posting for SA. Is there a chance they would take someone in that area at a higher level? What is the comp for SA with an MBA and 1.5YOE?

EY-PARTHENON

like

Folks who have worked in the Middle East, do you think KSA will become an economic superpower in the next few years? Career wise, is being staffed in KSA good for access to future opportunities, networking and growth?

likefunny

Can anyone give insight on what a tech consulting role consists of?

Advice and gameplan for networking calls with alumni? This is with the hope of getting a referral by August/September.

like

So i have been fortunate that i have managed to go through my career without the need for a degree. I was lucky enough to have been hired by one of the worlds top consulting firms, worked with a whole lot of big clients and travelled a lot. It's gotten to the point where I am not even asked about the lack of a degree on my resume. Personally though, it bothers me. I have a whole bunch of certifications in my industry…but just no formal degree. (cont'd)

like

Anyone in Bryant Park cafe?

like

Which health insurance options does EY offer in the D.C area?

like

Suggestions for a good podcast to help me wind down at night? Can’t be anything too thrilling but needs to be interesting enough. Having trouble sleeping and want to try this out! Thanks :-)

like

Best way to study for AWS cloud practitioner certification? (Not very technical but hoping to learn)

like

Best resources to prepare for online BCG case?

like

OKAY KPMG D&A FISHIES— I have an interview!! Tell me what I should know or study!! Please I really want this! Thank you!! KPMG

like
like

Looking for some book recommendations :)

like

One of the reasons I want to transition from industry to consulting (tier 1) is that I get frustrated when I have to collaborate with mediocre people. My assumption is that Tier 1 consulting firms hire really sharp people and if I can get in, I’ll be collaborating with folks on top of their game (not expecting much from clients). I’m aware there are personal aspects I need to work on like my mindset, patience etc etc, but I just get so frustrated with blatant stupidity.

likefunny

What are the BCG ring fences and how is each one? Can you join any of them or are you required to do the one closest to your home office

like

For all you major savers + investors, how would you suggest to get started investing in assets other than a 401K and ROTH IRA?

like

Flight home is delayed every week. Just one more reason to hate this horrible project.

like

Looking to get into Facebook privacy legal team. Have experience as a consultant at another FAANG company. Anyone willing to provide a referral or discuss further?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal