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Hi fishes, Need help!!!!! Is gratuity deduction mandatory in Infosys from salary, if yes if leave the organisation after 1 year, are we eligible to receive the paid amount? Or only after 4 years we will receive? How one can opt out of gratuity???? Please suggest!!!!!!!!!!!!!! Infosys Infosys Limited
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Are internal lateral moves always a huge pain?
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SM promoted from M salary range? EY
Dolla dolla billz yo
Anyone know EY FSO D&A salaries for a senior?
Comp at AlixPartners and Alvarez... go!
Expected director base and bonus at strat&?
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Can you give more detail of your background, role and industry?
Title alone is not a great indicator of compensation potential. I’ve seen job postings for Director jobs that give salary ranges where the top end doesn’t break $150k. I’ve seen job postings for Director jobs that give salary ranges that start in the mid-$250s. But they are very different job postings — the roles are not equivalent.
Are you talking Big4 accounting firms? BCG / McKinsey? Investment banking? Non-profit? Gov’t? Sales? FAANG or non-FAANG?
Have you checked websites that provide salary information, like Glassdoor? I picked a Big4 firm and looked at the director salaries and ~200k seems normal for a newish director.
Are you working with any recruiters? What do they say about your compensation potential?
What’s the company size? Where is the role located? How many years of experience do you have? What is the market like for that role?
What are the actual responsibilities of the role? Is there some title inflation going on? Do the “more senior people” understand your actual role or are they making assumptions about your role based on their experience?
How much revenue are you bringing in the door by selling work or managing work?
Is it a startup or post-IPO?
You need to consider how your role compares to the ones these “more senior people” have held or managed and the market at that time. For example, it makes no sense to compare salaries at the height of a booming market, that they may be more familiar with, to salaries after it goes bust.
The “more senior people” may not be taking any of this into account. They have given you some data points. It’s time for you to do your own research to confirm their information or realize they don’t know the market / role very well.
I have an acquaintance that went and got his MBA and he’s constantly comparing his career progression to others in his cohort or against where his mentors say he should be. As they say, “comparison is the thief of joy.” He ended up making some decisions I would not have made, simply to advance his career so he could keep up. Unless he is in the top third of where he “should be” per the estimates of his mentors, he’s not going to be satisfied with his current role or compensation. I don't know about you, but I don't want to live like that. But maybe you're at a different point in your life — maybe young and single while I'm… not — that makes your priorities a bit different.
HTH.
TL;DR
Depends on your industry and the geography, just to give you perspective - A director in a boutique consulting firm usually makes about 12 to 15k usd tax free per month in a city like Dubai.
A senior associate from Strategy& / MBB with 3 to 4 years of experience passing from INSEAD usually makes 16 to 18k usd tax free per month in Dubai.
Depends on the number of years of relevant experience you have, the city you live in etc.
If you are some one with- let’s assume a decade of experience, without any branded B schools on your CV - you’re good mate.
Are you in NYC, SF, Alaska, Kansas?
Do you work in IT Audit, Strategy, HR, Product, Accounting?
We don’t know where to tell you to look because we have no idea what you do
I appreciate the thoughtful responses. And I know that lacking detail makes it hard to comment, but my background is niche enough that I can't share much.
I guess I'm looking for general 'unlocks' that might be ahead of me. For instance, many years back I realized that headhunters can be very useful (for some reason I had a stigma against them). That opened new opportunities. More recently I realized that how you frame your story is a huge part of career pathing. That opened up even more new stuff.
So I'm wondering if there are early executive 'unlocks' that I haven't discovered.
Because I got what I came for. I was asking a general question about career pathing at mid-midsenior levels; not benchmarking my salary. Every request for my details might as well have said, "not that I'm aware of."
My fault for including specific numbers, I guess. Should have just given a multiplier.
right place, right time, and connections.
The salaries during the hiring craze two years ago was ridiculous. I got an offer for around 300 total comp and I don’t even have my MBA. I knew the hiring manager and they were desperate.
you can always go in interview to understand your market value, but I wouldn’t put too much stock into random people saying you should be making more money
Well, what field are you in and what’s the cost of living of your area? $200K does seem rather low but that’s coming from someone at an MCOL B4
Seems like you’re making market rate
For a director you left out a lot of important detail for us to give you a beneficial answer.
Oh, please - I spent a cool $600k before I brushed my teeth this morning.
Isn’t easy being an industrialist, philanthropist, and…uh, bicyclist.
H.E. Pennypacker would like to have a word with you.
F
Where are you a director at?
Assuming you are in consulting so posting here, there are a couple of things
1. Change the company as your current company is not changing enough to pay you more
2. You are not performing well so the comp reflects the below the market performance
3. People you are talking, not fully understand what you / your level is doing so they are providing answer without knowing details.