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There is a man on my train holding a BLACKBERRY.
Which 🐟🐠🐡🐬🐋🐳 are you and why?
Can't I just be a housewife? 🤔
Reply all should be earned, not given.
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There is a never a good time to join EY but then there is always a right time to leave PwC :)
Found the Deloitte partner.
Get a sense of current availability/utilisation within the team. Figure out what skill they think you're bringing and current engagements they'd put you on if you were already there.
But 30% is 30%, if you think you'll be utilised I'd go for it for a year or two, can always move again in the future
Not at all, FT articles suggested there will be significant layoffs soon in EY after Project Everest fiasco.
@Director 2 The FT article mentioned two potential factors: first, footing the bill for the several hundred millions already spent in the split aborted process. Second, the memo shared with all the voting partners hinted already on costs cutting plans, now the potential for going IPO has been slashed: "(...) better preparing ourselves for a future transaction will require us to adapt our governance, operating model, cost structures..." .
I would not be rushing to join EY at this time, especially if you have a network and reputation at PwC.
I’d agree. In the current environment network, utilization and sales matter. What will be the point of a 30% increase if you don’t have a job 6 months down the line?
I would ask whoever the hiring manager is about your first project here. There’s a deep bench everywhere. If you get hired in and sit on the bench for a while, it won’t be good.
EY5 what practice you are in. Happy to help if you need help
The situation with the split will not change anything meaningfully for the employees. However, this economic situation is not ideal and switching jobs at this time has risks if you dont get staffed quickly.
It’ll change comp
I disagree with a lot of these comments especially bc you’re going into TC. In our all hands today we were clear we’re only hiring for jobs we have needs for. And as a former PwC person, the culture here is much better. What service line in TC will you be in?
That’s true, but it also seems that EY is targeting more recent (and expensive) hires for “performance based separations” at the moment. The risk for OP is if any projects fall through and (s)he is on the bench for awhile, it’s an easy leadership call to cut someone raising the salary band who doesn’t have a network.
Can you use this offer to leverage a raise at PwC? If so you should consider doing that. A quarter of my team in tech consulting has been on the bench for months.
Which service line? What will be your rank?
What sub service line in TC will it be?
There will be no split - EY called the split off shortly after it was announced!
Yes I'm aware of that and hence asking ..
If there will be any chnage, EY is becoming more like PwC. We are less performance driven than what you are used to. Take the salary bump, leave PwC in good terms and if needed you can go back or move to Deloitte.
Less performance driven - what are they driven by then?
How is SC and Ops?
Pro
If you’re joining EY tech consulting, you’re going to be on the bench for a LONG time 💀
Depending on the industry this isn’t true. We aren’t hiring for any positions where a large bench exists and that’s a fact. If you’re getting an offer, there’s a reason.
If you’re worried about culture just get PWC to match your offer
I'd join now. You aren't going to be in line for a pay bump or performance bonus, so you're not impacted by the short term noise.
If you're aligned to TC, you're going to do just fine. BC and other soft skill areas are different.
Pro
That is a horrible idea
3000 in layoffs. Don’t join now. Not a good time.
Not a good time. Good chance they will lay you off!
Happening in the US but could spill over anytime. The US always is the first. Please don't say I didn't warn you
Audit and tax (other than PAS) wont be affected... at least for now.
Right? @FinancialTimes