Dear Fishes, I am switching for the ist time in my life in 8 years.Need guidance on which will be better in terms of wlb,job security and learning wise.offered compensation is nearly same in all 1.Harman(product) 2.Hitachi Vantara 3.Banking captives:-Deutsche,UBS, HSBC Yoe:8 Techstack: java,Microservices,Devops,AWS,Azure Harman Harman Connected Services Hitachi Vantara Deutsche Bank UBS EY Deloitte PwC Tata Consultancy Wipro Capgemini Cognizant HSBC HSBC India
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Slalom is the best company I have ever worked for. When we hire people to our team, they leave for much larger positions than they thought possible when joining.
Based on your salary, I dare make the assumption you are fairly early in your career. Take a leap for the experience Slalom can offer you, not the money. Money will follow based on the awesome experience you gain along your path.
I work around 40 hours, although my calendar is also full of partner/client happy hours and dinners, not that I mind.
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Career progression / promotion cycle can be pretty frustrating and not as seamless as you may expect from an “established consulting” firm. They’ve gone they a lot of growing pains in that area. Maybe D1 and others here will deny it but of the many people who left in the past 2 years, that’s been a somewhat consistent story (ie lack of upward career mobility and badly underpaid relative to the market).
If you’re passionate about tech consulting and early in your career, there are worse places to be. It’s a young, energetic culture even if some of the projects can be staff aug / bit on the mundane side. But I’ll just say it doesn’t surprise me to see language like “take a chance on the culture and opportunity and the money will follow”. Boilerplate from slalom bc they typically pay below Market.
Each market is very independent at Slalom and handles this differently, so I have no doubt that some offices handle it better than others. My office has no issues and follows a clear structure.
I would stay at my current job. The money isn’t much different. Maybe 150 k and I’d entertain the thought.
Some good points here. Especially around having to re prove yourself and the value of having a good support network. In that scenario I probably wouldn’t jump unless the second firm is offering you work you are more interested in.
On the flip side though if you’ve proven yourself once you can do it again. And the firm you leave for can also have a great culture.
That’s not enough to jump based on the info provided. Have heard good things about Slalom’s culture but it sounds like you have a good culture at your current firm too.
I am assuming you are still relatively junior. What do you want to do in the longer term and does your firm get you there? What’s the growth potential like in your current firm? Slalom is likely to have some well structured progression pathways given it’s a consulting firm which could be an advantage over staying somewhere where you will only get promoted if the person above you leaves the position.
OP sorry for the delayed response.
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1. Bonuses are pretty consistent especially if you’re a solid performer. For consultant level employees if you meet performance expectations (which isn’t a high bar) and you meet utilization goals your bonus will be pretty close to the 8% even if your market misses plan. For point of reference in 2020 I believe all of the consultants reporting to me received at least 90% of their target bonus despite market performance.
2. Slalom has never had layoffs in our history. This was a point of pride during the pandemic. In fact in 2020, leader bonuses and other expenditures were cut in order to ensure no layoffs would be needed.
3. For me the biggest challenge was learning to navigate Slalom as an organization. No one will tell you exactly what to do which is great, but in the same vein no one will tell you exactly what to do so it can be hard to figure out how to get recognized and advance. It’s really important within Slalom to build relationships with people that will give you honest feedback regarding how to achieve your goals.
Hope this helps. Happy to chat further if that would be helpful. I wish you the best with your search and ultimately you decision!
PS - If this comes off like drinking the kool-aid, oh well, I’m a fan of Slalom and I make no apologies. I have worked for a handful of other organization in my two decade career and Slalom has been the best for me. I attribute a lot of that to the people I work with. Projects come and go, but the people you work with makes the difference or at least that’s the case for me.
+1 to those saying not the join Slalom.
You’re getting lowballed and raises are low here. If you’re moving for comp, it’s a bad move. Slalom isn’t even an upgrade from a branding perspective: it’s barely a tier 3 consultancy.
Considering you already have wlb and great colleagues, there’s nothing Slalom can really offer you.
It’s a shame that people get great opportunities and get led astray due to negativity. It is the number one thing I see impact early career people.
Would not jump for slalom
A wide variety of small / mid sized client work. I wish we had the ability to win large scale projects with f500 companies. We only have a handful, and only for short stints.
For someone who has been consulting for 5 years, I’ve been to many different firms and I got to say that Slalom has been the best place to work for (in consulting). The people, environment, culture and WLB is no joke. People here actually care about your mental and professional/personal track. However, the money isn’t as competitive as the Big4. Slalom tries to counteract the pay with culture and WLB. So you should think about what you care more for.. money or culture.
Credera and Slalom are too similar.
I’d hold out for Big 4.
@OP, as someone who had offers from Slalom, had deep discussions with their Management Consulting practice and knowledge of Omnicom and the agency space--would ask you to consider the following:
- Which office are you in at Credera? Their capabilities (like Slalom's) greatly vary region to region
- Do you have a sense of what kind of tech consulting work you'd like to do? Long story short, with Credera under the Omnicom umbrella, the long game is to position Credera as Omnicom's consultancy to shape business and digital strategy upfront and work with Omnicom agencies to deliver marketing-oriented tech transformation work. Hence Credera's aim in expanding out of their legacy SI work into more strategic/digital/marketing oriented fields. Is this realm what you want to be doing? The firm is still in transition to this, but eventually any growth not in this direction is a strategic failure for the firm.
- Slalom has fairly mature offerings at this point, but your region will dictate much of what is accessible or not to you - can you see yourself doing the Slalom work for 2+ years? Can you see yourself doing the Credera work for another 2+ years?
- Finally, on intangibles--Slalom's culture allows you to step into roles that your titles would not normally dictate at other firms (MBB for instance, as a counterpoint, wouldn't do this). Do you feel like you want that opportunity? Is it available to you at Credera too? That was a big factor in my considering Slalom, VS another firm where my title would be a bottleneck to growth opps.
*had deep discussions with Credera's Management Consulting practice (and knows one of their leaders)
Stability and support systems are very underrated. That doesn’t feel like a big enough monetary jump to dive into the unknown. Thats a 6% base increase to maybeeee throw your WLB down the drain. (I dont know much about Slalom just conjecturing.)
Would the jump accomplish any other long term strategic goals? Does it help you step towards the NEXT thing after that? If not, then stay and be happy
Slalom isn’t doing so hot. I’d stick around where you are.
Source: Wife is a Slalom Principal.
I hear S& is headed for bankruptcy.
Cousin is a PwC Associate 🤗
Slalom is awesome. What city are you in?
What about more than money and hours? What about growth trajectory, exit ops, and impact of the work? Do those matter to you?
What’s your current role OP? And what practice was Slalom aligning you to?
And here I thought the tech guys made more. I’m MC L1 started last summer and my EOY bonus bumped me up to $90 as well.
are both positions in the same location? Hcol?
Same location, but both positions are remote (at least Slalom is remote for now). MCOL.
What does trajectory look like at both?
Take it, because the next jump will be even more
Don’t take it if you are happy where you are. For additonal 7k, you will lose mental peace. (I haven’t read what people said here, but this is my opinion)