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Hi Everyone !!!
This June I completed my 9 months at Career Level 12 and Sub Level 3 I.e, CL 12.3 at Accenture Operations. My Annual Talent Discussion and One-on-One with People Lead is complete as of last week.
I have 3 questions now :
1. When can I expect to move to 12.2 ?
2. What is the general hike I can expect ? And when it is reflected ?
3. When will be the variable pay will be paid out ?
Can anyone here help me with this performance cycle part ? I am really confused.
Accenture
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I Currently work for an MNC in Kerala, I've 4.4 years of experience in software development. Currently leading a team of 6 developers. Recently I got an offer from Rakuten India, Bengaluru location. As Senior Software Engineer 1, Rakuten offered 13.5L as CTC + 1.4L as joining bonus. My current CTC is 7.2LPA. As per my research on the salary for this role at Rakuten, the offered one is low. 48days of notice period is left What i can expect from Rakuten India for this role?,How can i negotiate?
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How did u get trained in computer science and got experience? College? Oy self taught?
Pro
For NY [I am in NY], you could probably get at least $180k base and ~40% bonus. NY has a high cost of living, but can still live a decent life with this.
Pro
Well, once you make it to associate, base should be much higher- at least $250k-$350k, with hours more or less the same. Bonus % should rise, assuming performance is well on both fronts. If you can do the job in less time, then do it lol
NY has too high a cost of living, among other things. Charlotte is a much better choice for what you are looking for now.
I'm in similar situation(age/experience/skill etc). I would ask for 20K pay raise every two years. My current plan is to work(keep working) in AU banks/super/funds in this order, until reaching career ceiling. Then cashout in a startup/smaller shop with equity and executive role. Not sure if this is too ideal. Love to hear what people think.
Pro
I think this is a great idea.
However, don’t wait to reach the ceiling.
What I have to share, is that if you’re afforded the opportunity now, take it and do not look back. Assuming you’re in the right organization and things look well. The sooner you do this, the sooner you will fail.
Failing is the greatest lesson we can ever have. I look at my failures as a stepping stone to understanding what I did wrong and where I can grow. There is always another opportunity. Do not let that one failure tear your life down.
Hi - also CFA holder with 6yrs experience on the banking side, based in NYC, my advice would be to prioritize getting the right experience rather than comp or location. The money will come.
That said, I think $200K base and $300-350k TC is reasonable. I would also be mindful that most investment analyst seats will top out between $150-200k on the base with the bulk coming in the form of bonus.