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How is the CoRE research services team?
Need like for completing profile. Thanks.
a High School Mathematics Teacher
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Rising Star
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Any ideas how EY comp compares to Deloitte?
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What is the culture like, type of work and reputation of Capco in the Data & Analytics space?
I have some good ex colleagues who moved over there and also looked up on LinkedIn and see lots of seemingly smart and accomplished people in their D&A team in the UK.
I'll ask my ex colleagues too, but wanted to see if people here have any opinion or information on this too.
TIA
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Have you always been an orphan OP?
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So it depends. I was an international student so my family had to pay tuition as I didn’t have access to student loans. In families were there is money, family holidays would be paid for and cash gifts would be given to support house deposits and other stuff. When it’s an entrepreneurial family, there would also be family businesses that remit you a salary or commission that acts as a second income and therefore helps you afford more than you otherwise would.
Rising Star
I think the most common is to help with education but then leave on their own. My parents paid for my education but I was very keen to be independent as soon as possible once I was earning. They have never funded frivolous things like holidays. As they got older they were keen to spend money before they died rather than inheritance so they helped my siblings with deposits for houses etc.
I have a few quite wealthy friends whose parents have basically drip-fed cash/assets held in trusts to be sold off/investments following finishing uni as part of them reducing the inheritance tax liability. My ex-partner’s dad paid her just short of £12,570 a year and she was an employee of the family company.
I know one size doesn’t fit all, but I simply can’t relate so interested to hear how it works in practice
It depends on the person and their situation. My family paid my uni tuition and schooling, but that’s about it.
I have a friend whose family pays 100% of their rent and bills in a HCOL city, and sends them chunks of cash for no reason. They have a well paying job that they get to save/spend 100% of their income from because their parents pay for everything.
I know someone else who went to art school and is never going to bother getting a career because they have a $10m+ trust fund (and eventually much larger inheritance).
My parents paid for my tuition and now pay for family holidays for me and my partner and will send me 1-2k a month that I can use on whatever I want. Sometimes they’ll surprise me with larger sums but in general it’s as I understand it to limit inheritance tax and such
My parents didn't pay for uni, so I'm up to my eyeballs in student loans, BUT they did help me with a house deposit. They figured that a student loan wasn't like a "normal" loan so it shouldn't be detrimental for me to take on, and then the house deposit was as a result of a bereavement - a grandparent passed whilst still owning their home, and my parents didn't need the whole amount of that inheritance but knew I'd be able to benefit from it hugely. I'm so grateful for that as it made a big difference.