How do other agencies structure salaries and commissions for new business directors? What commission rate?

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Larger Holding Cos - 3% year one and reduced to 1% purely on new logos.

5% is generally small to mid and against both existing and new logos. Growth is growth and money is green :)

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At every agency I’ve ever been at, only the head of new biz was commission-eligible. I don’t know the rates for sure, but I would guess 2-5% based on the kind of agency and the nature of the accounts they pursue. If you go more project-based, smaller numbers, more contracts the rate is probably higher than if you’re AOR/larger contract based

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CD 1 is correct based on my personal experience. Mid market/ smaller project work/ salary plus 5% net revenue.

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I forgot the year one part. Small/ mid 5% but only for one it two years. Then nothing. To keep new biz incentive To clarify/ at the major holding cos you might make 3% but that can be on a big number! Is iit for total net revenue?

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Does anyone have insight into the compensation structure at BRG for FDD?

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Hi Fishes,

Any idea, when can we expect mid-year hike in PWC AC Kolkata?

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I’m in big law and on the cusp of making the jump to in-house. It sounds like the company I just interviewed with is getting ready to make me an offer. It’s definitely going to be a pay cut coming from big law but I do get some nice equity in the company. Is the jump worth it? I’m so burnt out by big law and this seems like an awesome opportunity to help shape a newish company. Any tips on how to figure out if this is the right move for me?

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Hello Fishes , what would be in hand salary for below compensation

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I have received offer from accenture but still I am not accept it as my current company's increment letter is due. Is they consider my increment letter and send me the revised offer letter if I accept it now???? Please help me.

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Folks,

What is a decent ctc for overall 7 years experienced BA/consultant in Financial services domain (3.5yrs post MBA) in Singapore considering the cost of living in SGD?

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Congratulations!! You are getting that email, call and a meeting to announce the highest salary you have ever received in your career.

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Hi folks
I've completed my technical and managerial rounds in tcs in Data science and AI
I've 4+ YOE in AI and Data Science
What can be the ctc I can demand for
My current ctc is 11.88 LPA and next month it is going to be revised again in my current org

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Client recently offered me a job for an open req (industry eq SM). The work is flexible, the req is just to get me in the door but I decide what I want to work on (which I trust to be true). Much better culture, wlb, etc., but I’d be taking a 100k pay cut and be an IC with no team. Is it worth taking a step back in pay and responsibilities, or does it seem possible to get all in one?

Expected salary offer for a C role with 5 YOE (consulting) at Deloitte S&A (ccg)?

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Hello people. Need a suggestion and plz provide your honest inputs. I'm with EY GDS currently (3 YOE) with a package of 10LPA (before hike). Role is of Tax senior. I'm exploring roles in WELLS FARGO/JP as I am looking into profiles in investment banking. Have done masters in banking & finance, & have retail banking experience of 4.5 years. Overall 8+ YOE from scrap.
Just want to understand the salary structure and role in wells/jp if possible. What can I expect with the jump at most? Plz help.

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How much hike in citi india on average at c11 level??

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Why do FAANG companies pay above market not just for Eng talent but other non-core functions? Like HR or other functions that are largely similar anywhere else

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What is the most you can make in life science strategy consultant without bringing in new clients / selling projects?

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What is the fixed-variable split in TCS for a Consultant role? Is 35L a good enough salary for that role?

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Hi I am new joiner in Mindtree . What time salary gets credit in Mindtree ??

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What would your reaction be if the company you applied to asked for you to get permission from your current firm before moving forward? The situation is the company you're applying to is a client of your current firm, and you've already gone through the interview process with the new company. Thoughts?

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Just did my baseline testing and got results. My appointment to discuss the results with my RE is in mid January. Any guides / ways I can start to interpret them on my own before then?

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Mercedes-Benz Research & Development India Hello guys. Need a referal in Daimler Truck Innovation Center India. Thanks in advance. Daimler Truck Innovation Center India Mercedes-Benz Research & Development India Mercedes-Benz India

Hi All,
Anyone have more information on the role AM PPM. For HRST.requesting support if possible.Thanka in advance

When is 2023 on-cycle kicking off? I've been reached out to by a couple HHs to fill out intro forms

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In Dallas for a few weeks. Are there any good bars that have line dancing and two step? Or any other recommendations on “things to do”?

Partners, what are signs/examples that a project’s leadership is prioritizing the clients needs over the team beyond the normal ‘nature of client service’? Is a convo is worth it?

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What is the optimal time frame for doing Keto - 4 weeks vs 8 weeks? How do you sustain the weight loss after leaving Keto and getting back to normal diet routine?

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Hi Larsen & Toubro Infotech

Anyone one can you please provide inputs they will consider me can I wait for offer or it is rejected?

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I always get told to network and make those connections. But if you're naturally a more quiet person how do you do this? Message managers or directors on LinkedIn? shoot them a email?

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How can I DM people? I just joined!

Update: I need to get likes. Please help me get likes so I can DM someone.

Follow up question: do I need to get likes every-time I want to DM someone or its a beginner thing? And how many likes?

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Should I invite fewer people to a destination wedding or will people just naturally decline?

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What does a PEPI senior associate or manager make at Alvarez & Marsal? Interested in base and total comp.

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Dear Friends, What is the average salary in tech Mahindra for 6.4yoe and development role in cloud integration?
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Hi Fishes,

Looking for advice please!!
Have three offers from Shell, BP and Airbus for IT service delivery role.

BP: 23 Lpa + 1L joining bonus with 1 year lock in ( location : pune)
Airbus: 26lpa + 5 L joining bonus with 3 year lock in( location : bangalore)
Shell: 26 lpa ( final offer being rolled out)location : bangalore

Please advice which company would have a good growth story and work life balance....

Airbus looks attractive but have heard some very harsh reviews on work life balance.

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Hi folks. Just collecting some info.
Please drop ur ctc if u r 6or7yoe as data engineer. How much u r getting and if u switching how much u r expecting. This will help the upcoming data engineer to negotiate better.

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10/23 Thread (BC):

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𝗕𝗼𝘁-𝗯𝗮𝘀𝗲𝗱 𝗦𝘂𝗰𝗰𝗲𝘀𝘀𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝗕𝗹𝗼𝗴𝘀 𝗧𝗲𝗹𝗲𝗴𝗿𝗮𝗺 𝗰𝗵𝗮𝗻𝗻𝗲𝗹!

Scan the code or click the link in the comments

#SuccessFactors #Blogs #Learning #SAP

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I expect the EY peeps (in promotion year) who got new jobs will be putting in their notice this week...

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Additional Posts in New Business. The good, the bad, the ugly.

Anyone going to Mirren next week?

Anyone have any intel on who led the last review for Wolf/ sub zero? Shot in the dark here for some intel.

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I’m about to graduate in May, looking to start out a big agency (Ogilvy, Starcom, Edelman etc.) and I have my sights set later in my career to work in new business. What stepping stones can I take?

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How can I develop new business as part of the analytics team?

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I've been starting to work more in new biz at my agency and the president said in a meeting this afternoon that he wants to increase our close rate to "at least 50%" once we're at the pitch stage.

Does anyone know where to source an updated list of search consultants. My 4A’s list is terribly outdated.

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Anyone know of or use a good pitch strategy guide/template that helps focus and structure the final deck? Any best practices you could share would be appreciated. Thanks!

How do you NewBiz pros say “no” to doing work for free as part of the pitch process? What’s your “script” for saying no (all my past efforts have only pissed prospects/procurement off)??

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10 days to turn around a RFP.
Agency: request schedule Q&A session
Client: Let me check schedules. Wednesday next week works for our team... (day 6 of RFP) 🤦‍♂️

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Hi! Has anyone gone to one of the GDS group CMO Insight Summits? Is it worth the large price tag?

Hi everyone, I'm so glad I found this bowl! Feels a little quiet lately, anyone have any wins or insights they're dying to share with like-minded folks?

I'll start: I want my agency to speak to...

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Curious about the biz dev career track. Have you stayed in biz dev your whole career? Or did you start in biz dev and use it to move into another role? What did you move into and how?

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Besides the infamous google sheet and Glassdoor, where are you all looking to make sure you’re been compensated appropriately? I feel like our little niche is tricky to do proper comp research on, but it’s possible I’m missing something…

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Hello biz dev folks! How are pitches going? I know summer is upon us but curious if the threat of recession is affecting anyone. I had my first client say they were holding off on an initiative due to that. But it could just be a good excuse. 😂.

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What are your favorite resources for getting smart real quick on a category?

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Anyone have any experience landing a porn account?

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Are you doing cold reach outs? Working only known connections? Or employing an automated marketing system? How you getting bid opportunities? We work connections and a lot of cold reach outs. Trying to get automated marketing of some type up and running.

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What it up with the Ford review. Why all the secrecy?

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How’s it going? Any good pitches or wins last couple weeks? We are a prod co and feel a lot busier! Prepping a big shoot and bidding jumped up a lot.

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