Conversation Starter
Related Posts
Fishes, Anyone aware of the relocation assistance provided by Wells Fargo . Is that provided as as whole or only after submitting the required bills and docs.
Asking because Deloitte credited 40k relocation assistance without any bills even though it was mentioned in the offer that bills were necessary.
Can anyone please help? Wells Fargo
Visual Storyteller
What will be the inhand salary at tcs on 10 lpa
More Posts
Can I use ey laptop to attend interview ?
Coach
Literally every “dating” app in los angeles
Considering dating apps—any insights?
Additional Posts in Big 4 Gossip
Conversation Starter
Conversation Starter
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
I agree with the comment above, it depends on the location and role. Like all places, there’s pros and cons. Obviously there’s a different ownership model for Vialto vs other Partnerships and this impacts a lot of calls to action in the various regions. In the plus side, there’s definitely a more global mindset, a willingness to do things differently (backed up by several tech projects) and opportunities if you get involved.
Personally I’d hold off until spring to see how the next several months play out.
What are the clowns, I mean clients, saying? That’s sometimes good objective insight, although maybe more relevant if it’s from current or former Vialto clients.
Conversation Starter
Did you make the switch or are you still with pwc? Curious if you’re in the thick of it or just seeing and reading from former colleagues.
Two clients of theirs now switched away and said they were concerned with the Moody rating downgrade and one called out CD&R specializing in bankruptcy situations.
Conversation Starter
I’m sorry I meant clients … auto spell check thinks clowns. Sorry
Nah, you had it right
Probably worth googling the fitch, moodys or S&P reports issued in December
Conversation Starter
Great idea to check historical data of similar companies but may not be so easy to compare as I’m not sure they were bought out by a PE firm. KPMG consulting left KPMG and invested in Accenture and are still there whereas CD&R are draining cash from Vialto for their investors and ‘interest’ payments while also looking good a buyer or exit strategy that will net them a nice gain on their initial investment. CD&R don’t know how to run such a business ‘forever’ and want to offload. Curious who would want to buy it unless the employees agree to come up with the cash/funding (from somewhere?) and buy them out. The employees will not want to tie up their money for this (the ‘partners’ who likely got accelerated pwc partner vesting probably don’t care as they have a littlelittle nest to fall back on, but everyone else down to staff won’t and probably won’t all agree globally on the funding as evidenced through their global network of pwc not even joining Vialto). But still somehow I’m interested in the adventure.
Clients leaving Vialto don’t have good things to say. It seems the fgn offices are struggling, If you need a break go to Vialto, but I would not stay long if you want better raises and bonuses.
I think if you read closely, you will find that those who joined after the sale are less unhappy (or maybe happy) than those that came over from PwC because they voluntarily came in eyes wide open and were often made to feel like they are the future. Those that were with PwC feel there were takeaways and struggle to see long term benefits for themselves.
So now you have had plenty of input and it’s time to announce your decision. Drum roll please…….
I don’t work at Vialto but I wouldn’t be as quick to dismiss them as some on the thread are. It is a good team owned by a smart investor and eventually will be a success. It might just take a few bumps and a few different strategy trial and errors to get there.
Conversation Starter
Somehow EY and Vialto technology keeps coming out on top. I’ve seen clients rave about some Deloitte technology but then they’ve never used or experienced Vialto tech (or seen EY tech working well) to know what’s better out there. Agreed on the relationships but not all PPMD’s think the same that relationships win (they go for low prices asap).
What country and office? It all depends.
Conversation Starter
Too bad for the group losing a people partner. Maybe he lost some clients or they lost some and someone had to go. Being nice doesn’t get you far sometimes. 😕
So did you interview? How did it go?