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I joined BA a year back, my office location is Chennai however from the joining date I'm working from Gurgaon and now my manager wants me to return to office location in Chennai. if employee is not ready to relocate as per offer letter would he be asked to resign or management is allowing them to work as exception Bank of America
How is the life and work culture in the exl?
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This is definitely high end of the base. However, you should talk to the recruiter to determine if they will consider you for promotion in 1 year or 2. Just in terms of the base they are offering, you could very well be a Manager.
Dumb to decline if you’re looking to transition to Consulting. They’re not bringing you in as a Manager because they want you to be successful. We do the same thing with campus-hire PhDs. Manager here is brutal, administrative and political. If you navigate it well as an SC focused on your delivery strengths, you’ll be considered a top performer with a chance at a 1-year promote. Even if you have to wait a second year (most likely outcome), you’ll value the additional experience of Manager pay without all the Manager responsibility.
Huh? What do you mean promoted? You’re close to the top end so raises will be small but bonus will be high
Why decline? It's very competitive. I'd do it.
I was in your same boat. I felt I was qualified for Manager but they brought me in as a highly compensated SC and said I could be promoted after a year if I perform well. I ended up getting promoted after 2 years. I’m actually glad I didn’t come in as a manager because my year end rating, merit and bonus probably wouldn’t have been as high starting as a manager.
Great! How many years of experience?
Is that base or including bonus?
You make more than lot of the newly minted Managers with an MBA. So your offer is competitive. which service line ?
Analytics
Op SC to M is 2-3 years based on performance not pay
Your consideration for promotion has nothing to do with your pay. Your consideration for promotion is based on your work. They will consider people that are top performers for early promotion. SC level in analytics is typically 3 years, but I did it in 2 (as well as a good number of other people) and I know one or two people that did it in 1. It’s hard to do it in 1, but again, based on your performance.
Op performing at the next level
Next level both on client work and firm work. Experienced hires can do it in a year but you need to be on your A game right away and get people to back you during YE.
1 year is unrealistic. 2 years is more realistic if you’re strong which means not just doing a stellar job on your project but that you can also make an impact through PRD and people.
Average years at SC for promo is 3
D3 I’ve had many experienced hire counselees. I’ve never seen anyone make it in 1. If they are from industry they often need the full 3 to make the transition but I’ve seen some do it in 2.
Ya not sure about the pay . But the promotion consideration in year one
OP you could always ask for a detailed plan on a path to manager in a year, and is there a SM (someone you interviewed with) that loved you so much that they will provide the opportunities for you to deliver on the promotion plan. If they say yes to both, assuming you crush it, you’ll be promoted in a year.
Half the promo case is being provided the opportunity to do manager level work, people often forget this.
Also, be ready to do EVERYTHING on an engagement to get promoted so that year will be rough and they’ll certainly make you earn it with tears.
Same two years, getting promoted this year...I agree with D7...what I’ve noticed is that you’re expected to perform at the level of two average senior associates, so you definitely want the time to develop into that manager role. What it takes is not only learning the methodology but also to build a library of deliverables so you’re doing work in minutes and not hours, building a network of associates that you know you can turn to, etc.
Basically they should be able to dump anything on you and the expectation is to turn it around in less than an hour (most seniors take a lot longer than that), and it takes time to build that type of capability in a new firm.
I don’t know why you are claiming it’s different In Deloitte. It’s the same I experienced elsewhere. I think the manager is overly exaggerated than it is in reality. After working in consulting world for ‘more than 10 years you will b delivering at that level. I think the mindset has to change . It can not be based on the number of years . You can’t just keep a resource for 2 years and decide . You have to weigh based on individual strengths.