How can staff make the most of the annual career progression/compensation discussion?

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

Hey guys, I can’t link to this because it was in the EY bowl and apparently FB doesn’t let you copy posts, so here is the screenshot.

It’s the explanation of the compensation process; it will vary for your firms but I suspect it’s very similar at least across the Big 4. I think it is helpful to understand as you’re having these discussions.

My suggestion would be to use that time for 3 things:
-to start/continue to build relationship with that partner. Bob, if you don’t mind since we don’t have very many checkpoints, I would love to quickly tell you what I’ve been up to.
-to understand the process and ask questions. Do not just get the numbers. Have your partner explain the process. You need to understand it. Plus it shows you’re interested in firm’s processes and you’re engaging him/her in the conversation.
-provide respectful and polite feedback. We want to know how you feel. We want to be able to take up to our leadership. We want to know if you’re disappointed to see if maybe we can do something (may not be immediate but we try). On that note, have a number in mind - a realistic one.

Good luck to all of you!

Post Photo
likehelpful

Part 2

Post Photo
likehelpfuluplifting

Related Posts

I am a designer with one year of experience in Philadelphia looking at moving to a new firm. Does anyone know if what the current salary places are hiring at for 1-2 years of experience?

like

Anyone able to see the September month salary slip in the ADP portal. Any idea when it will be uploaded?

like

How high can google go on signing bonus ( currently $25k) and equity (currently $65k) for L4 position.. total exp 4 years .. should I negotiate?

like

What’s the salary for respiratory therapists in Florida since we’ve had the housing and gas increase ? I have 6 years experience with ICU, level II NICU, and PICU experience. My base is $33 and I have a $6 tot differential of nights and weekends - which I always work this shift.

likehelpful
like

2nd year ACD salary in LA?

What is the average salary for data engineer at tiger ?

Hey Folks,

Need a couple of pointers before going for the salary negotiation round.

YOE : 6
MBA Tier 1, B.Tech Tier 1
Post MBA Workex: 3 years
Post MBA Work-ex: Strategy Consulting (Big4)

Current CTC: 22 (19+3)

How much should I ask from ACN for a consultant level role (L-9). Also, at what exp do ACN hire for L7 roles ?

like

Hi Guys ,
I had my capgemini hr round cleared on 7th October , and on 8th October , she said she has sent mail for business approval ?
Job grade B2
YOE - 4.1
CTC offered - 14 Lac ( fixed )
Current CTC - 5 6 LAC
Skill - AWS Cloud + Python + Devops

My question is how many days does it takes to release offer letter ?
Is the salary offered good or should I try for more negotiation ?

Note :- LWD in my current company is 1ST Nov

like

Resigned from TCS and LWD was a week ago. I received August's salary credited to my account. I cannot find the payslip in Alumni Portal.
Any idea when will I get August's payslip in Alumni Portal.?

like

3 yoe, new to the negotiation thing. Tips for reaching a fair amount, w/o sounding too conceited? Little visibility on salary benchmarks and I’m assuming HR starts on the low end.

like

Does Deloitte USI respond back after the salary negotiation.HR told like she can only give an update on Monday and no response after that.is it normal like delayed response or ghosted ?

like

PARTNERS: two questions —1. If you see an associate has really low hours for the month, do you imagine them chillen on a beach somewhere or do you consider they probably spent most of their days sitting in front of the computer being “available”? 2. If you send an associate a random e-mail on a weekend like “Can you pull X and send to Y”, would you get annoyed if they responded saying they weren’t by a comp or would you consider it reasonable that they wouldn’t be by a comp on a weekend?

like

Hello, what is the compensation for a manager in mindshare or any of the groupm companies? My friend has 2.5 years working in a different marketing agency and plans a switch ?

like

Any one aware of the laptop purchasing policy at kgs. Where we can purchase a laptop for max 1 lac and kgs will pay the entire amount to us provided bill is in its name and kgs will deduct the same amount from our salary in 36 installments.

like

Hi guys,

I am into java full stack development with 4 yoe.
I have two options
Accenture with 11.8 fixed + 20% variable. (Has joining bonus)
Amadeus with 16 fixed.

I am more concerned about the technology (angular,java,cloud), learning and job security.

I am confused between them. Please suggest. TIA.

like
like

What’s the average compensation for an Account Executive?

like

I know EY early promotes had their comp discussions and was curious what other big 4’s are seeing in terms of raises this year due to covid

like

Deloitte GPS offer: human capital consultant.
5k sign on, 88k base, 13% target bonus. Good offer?
1 year of consulting experience, 1 year of industry.

like

More Posts

Falling asleep while looking at audit documents. How do you stay awake?

like

Not trying to matriculate into a top 5 school, but let's talk accredidation. Does an MBA not have weight to it if the school isn't lets say, AACSB accredited but is still accreditated, i.e. SACSCOC?

Anyone working/starting on a side hustle and wants an accountability buddy/cheerleader going into the new year? I’d love one and thought this might be a good place to find one.

like

Hi Fishes,

Could you please help me with with below scenario :
My YOE is 4.3 and ctc is 13 lpa. I am currently nominated for H1B 2023 and my petition is pending with USCIS for approval after lottery. I have heard H1B process could take months to complete. Should I waiting for the H1B or make a swtich? Is it worth waiting for H1B and how much saving one can make per month if traveling to US?

Kindly share your thoughts

IBM Infosys Wipro Amazon TCS Cognizant
Capegemini Accenture PwC KPMG EY

like

How many days in a week are you visiting office?

like

Can anyone recommend a reliable handyman serving SW London? Some painting, correcting plumbing fixtures, fixing a few shelves etc. DM me pls!

like

When amd how to submit Medical report aa virtual joining is there. Medical certificate is one of mandatory document from TCS at the timw of joining

like

Hello fellow EMBA 🐠

Was invited for a phone interview after resume screen with Sloan. They stated that my resume was "impressive" and that I may be a good fit. Cont...

like

So, the CDC removed the Covid guidelines. I’ve never had Covid. I’m afraid people will come into work not wearing a mask and be inconsiderate… ughhh so distracting and disgusting. I’m also at risk to develop complications. Not sure if I should talk to HR. Not even sure if I should ask for accommodations to continue being able to wfh at least most days of the week to reduce risk. Idkkkk 😩This is so unprecedented. I always wear my mask at work. I’m getting pressured to attend firm events as well

Anyone know where I can get some Nastyass fast food style fried fish around here?

like

I’m really liking DMZ mode in Warzone. I think they have some real potential with this game mode. I like that it’s not as sweaty as Tarkov but still has some elements of it. Still in beta but I hope they realize they have a potential gem here.

like

Do brokers like Lockton and Marsh only hire established producers or are they open to newer producers?

like

Hi Fishes, how much can one expect for 11 years of experiance in storage automation QE profile in HPE. Thanks

I’ve been working for a company for 25yrs, looking for advancement. I’m considered an SME, managing people, Vendors and working on large system conversions. Have provided long term goals. When requesting feedback I’m told I’m on the right path, no suggestions on what to improve. I asked about timelines for advancement and not being given anything concrete. Recently interviewed with another company as a Vendor Mgmt partner. Individual contributor, high visible position with potential. Thoughts?

like

What should a commercial claims account manager be making as a salary ? Handles asbestos claims only. Works for a TPA handling claims for 4 carriers. Law degree with many years trial experience as in house ID but for personal lines. This is first job handling commercial claims

like

Tata Consultancy
What happens if I accept an offer from TCS and didn't join. Will I get blacklisted or a temporary 6 months or 1 year ban?

like

Hello fishes, Will BNP Paribas delay onboarding to lateral hires?

I asked for a raise in April 2022 after three years with my company. Positive feedback since day one. Learned I was making less than peers at other asset managers in NYC with less experience (14 years). Latest conversation was with HR about how they calculate salaries. I’ve been asked to provide examples how my role has changed since I started to justify the increase. Is this normal? Or is this just their way of denying my request?

like

Anyone else just waiting for impending layoffs or are we at the end of the recent wave?

like

Anyone ever have a great day and think about how there are still so many horrible ones to come?? wonder if they’ll balance each other out ⚖️🤔

like

Additional Posts in Partner One

PwC partners have any comments on the cohort model? A lot of complaints in PwC bowl arising from the disappointing adjustment and the constraints the model has imposed on career growth

like

Just heard FY23 partners at PwC are getting only 40 shares vs.60 last year. Looks like new partners are being shown the middle finger by Tim Ryan in favor of increasing stock price and getting more catalyst hires. Sucks!!

likefunnyhelpful

At some Big 4 companies there is a Partner / Principal group that has equity and are part owners of the business and an equivalent Managing Director group that does not have equity and are essentially employees.

How does it work at McKinsey / Bain ? Do those same distinctions exist across partner types, owner vs non owner?

like

Anyone invest in franchises and in particular has anyone used a company called FranChoice to help you match w a franchise?

like

I just took a leadership role in industry after 5 years in advisory (industry hire). Partners, any tips for the transition? What have you seen your clients do well/poorly during big career moves?

like

Exec consisting Slalom for more creative work and more diverse and inclusive culture. Any insight into partner and above admissions/roles/past experiences. Based east coast but not looking for local

Great discussion board

like

Fellow 🐠 - What qualities would you look for in a junior practitioner (0-5 years experience)? I’m updating a JD and would appreciate your collective inputs. TIA

like

At Accenture, I feel that 9/ 10 MDs I see are solid business operators/ relationship developers in contrast to true value creation/ thought leadership. I enjoy creating. Ctd...

smart

I have a final interview with a partner at a big4, what are some qualities I should showcase?

Negotiating an offer with MBB. How should I negotiate for unvested RSUs? I have about $400K with a vesting schedule over the next 3.5 years. Thank you!

like

Partners, what's been the impact to ongoing sales conversations? Do you think we're all screwed for the year?

like

@Partners - how much money do you need to invest I to the firm to get your partner share?

likefunny

Partners/MD's - Would you be willing to consider/refer profile of an experienced consulting professional with expertise in strategy, transformation, change & ops excellence. Built change consulting practice for B2B SaaS product & had worked with F500 clients. YOE : 10+, India.

like

Hiya! I was wondering if anyone here has any good recommendations in terms of books or learning material that I can pick up to learn about sales and marketing relevant to the consulting industry?

like

For the Partners and really anyone in a leadership position: how do you motivate your people to take initiative? i.e. inferring next steps and taking action without waiting to be explicitly told to

like

Big4 partners, do you feel the journey has been worth it when gauging by the variables of money, family, sphere of influence, and happiness? Or industry still seems more alluring? Thanks for your wisdom.

like

This bowl has been quiet and I see partners commenting on odd posts around fishbowl so I figure you need more fodder: partners, did any of you have parents that travelled as much as you do?

like

Curious what % of partners/MDs have spouses who also work. And regardless of non/working spouse, what do you do to feel a work/family balance?

like

With the CDC releasing new mandates, What are partners seeing from clients? Are they asking for full return to the office? I definitely want to keep staying wfh and not commuting :/

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