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Hi Fishes,
I live in Mumbai. 11th July is my last day and I haven't been to office in the last 5 years. Onsite, working directly at the client site in India and then covid ensured WFH.
Please can someone let me know if it's ok to go to office in jeans and round neck T-shirt. When i was at Airoli I had cases where people were strictly made to come in formals.
Capgemini
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Is it worth it to go to uni for journalism?
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I heard Accenture pays more than McKinsey
I'm so jaded 😬
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Bid for 20% higher price to relieve stress on juniors -> competitor swoops in and takes your work.
The problem isn’t at the top, it’s at the bottom where consultants universally are willing to take jobs with 60+ hr work weeks
It all makes sense once you understand that it is expected for the majority of people to burn out after 3 years and be replaced by an endless supply of bright eyed undergrads who want to work their asses off.
(cont) the firms we work for out of the work they are doing. Eg actually work 8 (or contract dictated) workdays and overtime if more. Pushing the culture to grind until we burn out isn’t sustainable for a single person or a working culture as a whole. Any ideas why it’s this way?
The silly thing is that so many companies maintain the fiction of billing by the hour instead of just shifting to project pricing.
To meet high margins
D1 - if you sacrifice margin then you can’t pay your partners as much as your competition, and then your partners leave the firm for higher pay.
It’s market dynamics
S&1: Regardless of fees - you could add a few team members to offset workload, at cost of your margin. Thresholds are high - top needs to make money
Shocker, it is a race to the bottom. Also, it may not be sustainable for the individual, but the firms have been doing this for a long time
Just seems to me that most of the firms that charge by the hour effectively actually charge project pricing given the pressure to hit the budget which leads to everyone lying on their hours. So why bother with the pretense? Just price by project instead. Purely to reduce the internal noise generated with hours reports.
@Manager 1 although I️ can guess by the name, what are some of the major changes for project pricing and what “friction” does it eliminate/reduce
Because procurement organizations put everything out to bid. Race to bottom.