How are y’all feeling the impact of the consulting recession? Is it affecting packages and promotions?

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

Quite tough at the moment.

like

Australian kpmg has a rem meeting booked for this week, not expecting much

like

Maybe not as high as last year, but our profit is still up so i still expect something decent

like

Deloitte REM increase minimal. Less than 5% across all bands in consulting.

like

Hiring freeze + soft attrition happening. Industry has killed off all project spending due to interest rates and government due to inflation. Consulting has entered a deep slumber.

like

I'm in a boutique (~2000 people worldwide). My team (related to energy) is meeting util targets and my personal util rate is 90%+. But other teams have got some slack and those people are talking about doing lots of BD instead of client work. No talk of retrenchment, though, which is good.

Related Posts

What's the best job in FAANG companies for an IELTS instructor with 6 years experience?

like

What is Center for data and Insights at Accenture Applied Intelligence? What is their responsibility?

like
like

Anyone interviewed with Pfizer recently in Account Management? Any tips?

like

I’m shooting for the moon and applying to jobs I am mentally ready for and can qualify for but my resume is very short sweet and to the point because I’ve worked at the same place for 6 year and climbed the ladder & wanting something new. How do I explain that to my future employer?

like

So many questions about staying or leaving. That window is now closed. Stay where you are. Stay inside. Wash your hands. FaceTime loved ones.

like

Need a recommendation for a contract analytics service provider. Don’t need the lifecycle or repository bells and whistles, just need something I can feed 10k documents and it provides me with data points, preferably individually and in aggregate. Does something like this exist??

like

Bloomberg Law or Practical Law if you had a choice?

like

Anyone work in the OGC of the Big 4? What was your experience?

like

Is anyone at meta able to share the position levels. I’m trying to compare to my current company structure. Thanks!

like

Anyone still using avid on commercials? In NY it seems to be 100% premiere now

like

Did Pinterest lift their ban on advertising branded/unbranded pharma? It got brought up in a brainstorm today and almost spit out my coffee...

like

Ready to leave my current org to continue the process of learning and growth. Which companies actually have Account Executives hitting quota consistently, have a great product market fit, and have a positive culture geared towards career growth?

like

Hi Fishes,
Kindly let me know the in hand for below ctc breakup. Getting remote option for 5.8 yoe in java, spring boot and microservices.
Thanks!

Post Photo
funny

Has anyone worked for Sentry Insurance? I’m being recruiting and I’m curious about their culture & compensation.

like

Has anyone here installed a security camera or system in their own apartment? Any you’d recommend?

likehelpful

Hello all,

Would like to know specifically about Queer inclusion at SocGen
Societe Generale. What is the attitude of mangers and HRs towards treating LGBTQ identifying candidates? Is company really inclusive or it’s just a lip service? Considering an offer with the company but being an out and proud Queer woman, super anxious and concerned.

I’m pretty passive when I’m disrespected by creative but I think it sets a bad example for my team. If any of my reports were spoken to the way I was I’d raise hell...how set example?

Looking for a sublet for the month of February. DM me if any leads!

like

Spotify, Apple Music, YouTube, where do you find new music?

like

Additional Posts in Australia and NZ Consultants

Does anyone know why Australian salaries are significantly lower than our US counterparts?

like

Hope everyone in Victoria is coping during these times.

like

Anybody work for EY NZ? Realize borders are closed at the moment but my wife and I have been researching a move to NZ for years now. I'm a Micrsoft Biz Apps/Dynamics Developer in the US. Doing an internal transfer would be my the easiest way to move so just wondering if anybody had any insights into the process.

like

Anyone know rough salary for senior data scientist roles at BCG Australia?

like

Those who tuned into KPMG town hall, thoughts?

like

Hi guys, what are your thoughts on Kearney Australia? Thinking of moving from a lower tier Manager role (Strategy & Transformation) to an Associate role at Kearney. Also curious about what the salary bands look like at Kearney. Thanks!

like

Hello, looking for Big4 Australia/NZ referrals, open for boutique firms as well. Will need visa sponsorship. Wanting to checkout Manager - Valuations position that's available out there.

Thank you in advance.

like

Probably worst time but I’m looking to relocate to AUS from Canada - thoughts on this occurring in next 12 months giving hiring environment? Hard to tell without being there on the ground

like

Planning to move to New Zealand from the US next year for a better quality of life, how is the job market?

Pay, prestige, and career progression of Nous Group in Australia?

like

AFR updated their consulting salary article a couple of days back. Anyone with a subscription care to post the updated data image?

like

Did anyone else make the move here from the US? Thoughts so far?

likehelpful

Well this is a fun juxtaposition, EY & KPMG to repay pay cuts, Deloitte sacking people 🤦🏻‍♂️ might be time to stop tooting their own horn!

Post Photo
likefunny

Repeat after me - Market Adjustment

Post Photo
like

Anyone here at Mck / (Implementation specifically)? I’m interested in an open Mck implementation role and would like to have a quick chat. Cheers

like

Hey all! Australian in Canada hoping to return home ASAP. Are any of the consulting firms hiring now?

like

Is Aus a good place to be a tech consultant? What are the top firms I should look at? Considering making the move from California and want to do my research before I start setting things up. TIA!

like

What’s the market for RPA and AI projects like at the moment?

like

First job in Australia, the offer letter has non compete clause. How serious is this, sounds like it will restrict me to work in consulting for good period if I quit ?

Post Photo
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