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Hi all,
I just came to realise Deutsche Bank has a fixed rule of max 30 to 35 % hike on fixed component and remaining 10 to 15% variable i.e. total 50% max hike you can ask for no matter how good, skilled you are.
Is it true?
(I got to know this when an HR called me for a Frontend developer role)
Any art director spots opening up?
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Hi Folks,
Good Evening
Hope you all are doing well.
I am just done with the HR and Salary discussion for the Data Engineering role with Telstra .
Which location is good to join Bengaluru, Hyderabad or Pune when it comes to Data Engineering roles and opportunities in Telstra ?
Any one currently working or worked in Telstra looking forward to your valuable inputs and suggestions.
I hate being an attorney. How do I get out.
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I LOVE ACCOUNTING
Tips on being a ‘top performer’ in FDD?
Looking for career advice!
Im a new starter in FDD as a Senior, qualified and am sitting for CFA L2. I want to make sure I'm doing everything right to maximise my chances of landing a FO role in a PE/Fund or ER/M&A role at an BB/EB.
A few I've heard so far:
- Get infra deals exp
- Network aggressively
- Leave within 1 yr
JPMorgan Chase Morgan Stanley Goldman Sachs Citi Bank of America Barclays Credit Suisse RBC KKR Blackstone TPG Apollo Global Management, LLC Bain Capital Warburg Pincus
When is too soon to quit a new job?
Fdd or deals analytics?
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Enthusiast
If part of strategy, it's CDD; if part of integration, it's ODD; if part of financial, it's FDD (most likely). Financial carve-out/divestiture projects are usually accounting heavy, so I personally look to avoid them when possible.
Enthusiast
Not exactly. FDD requires strong accounting knowledge, but the work is quite different. Meaning, there are strategic buy side PE projects (75%), and company sell side projects - selling/performing a carve-out/divestiture (25%). On the sell side, you're called in to deal with messy audits, and create new financial statements. As it sounds, there's lots of number organizing and accounting work (3+ month deal-support projects). On the buy side, our job is to flag potential deal breakers/issues (6 week actual deal projects), so the work requires analysis, meetings with management, and slide decks.
Speaking for EY, comp is similar. Travel was more in Divestiture pre-Covid but not as much now. People can do both at the lower levels but tend to specialize more once they make manager.