I received an MD offer with Deloitte. When I got the verbal, it was presented as a base number but when I had more detailed call, I found out that about $30k of that is forced into the profit sharing plan annually. Has anyone else been surprised by this and did it affect how you negotiated?

like
Posting as :
works at
You are currently posting as works at

What was the offer range? Inquiring minds gotta know

like

“Profit sharing” is a bit of a misnomer, and therefore confusing. Think of it more like going into a supplemental 401k-type account. It is not shared with anyone- just a mechanism for retirement savings/planning

I wasn’t clear - it’s not just $30k - but the increase in cash flow isn’t what I originally thought it was when you pull that out. The total jump is a good one esp since the role/team is good. I would honestly save the money anyways but it just feels different given how it was presented.

Related Posts

like

How much should I expect salary wise from PGIM Fixed Income @27/hr as an intern and PWC FDD with 41/hr?

like

Hello Fishes, I have cleared both Technical and Manager rounds in Infosys. I have total experience of 3 years and relevant experience of 2.9 years in Java Full stack development. Currently holding an offer of 13LPA and ctc is 7.8 LPA.

Please help me regarding how much ctc I can expect/ask from Infy?

Thanks in advance.!

Infosys Tata Consultancy Cognizant

like

Hi All. Question regarding HDPI (GSC Bangalore). Can someone shed light on the relocation benefits external hires get at GCB 6? Also, are these fixed or can we negotiate on these as well? I'd appreciate an urgent response if possible.

like

HCL Technologies vs FIS Global which should i join? YOE is 11+ as BA. HCL is offering 3 lakhs more than FIS. Please help to choose

like
like

Are hike and VPB different? I joined in April 2022. I received VPB letter today.

Help me out folks

like

What are some of the pay ranges to expect in CLT as a business project manager?

like

Anyone familiar with WPP policies for cost of living raises and promotions in the coastal offices versus KC office?

like

Hi fishes,

I am a strategy consulting enthusiast from a middle class family. Don't have the financial stability to take a loan for an MBA and hence had to drop some renouned admits this year (Think top IIM's) due to family circumstances. I still dream big and request you to provide some insights for my research:-
1) Average expected package of an associate
2) Average experience expected at ZS to get hired at associate (not BCN)
3) Good books to upskill and ace the consulting case interviews

like

Hello all,I want some advise. Please guide me. I am having an offer of 8 lpa ( YOE-1.10) from an MNC
And serving notice period and I am worried whether it was a right decision to put paper as Recession is likely to hit the market. Will I have any impact of it? I mean is there any chance of my offer getting revoked?
Actually the salary slab in TCS is so low it was getting very difficult to survive. Need your thoughts. Please guide.

like

Does anyone have salary information base for a UX Researcher at Meta?

like

Take home salary for a fixed 23lpa CTC.
After pf deduction and tax ,what myt be the take home.

like

Can anyone offer insight into the annualized equivalent compensation of contract consulting gigs in B4 vs the equivalent FT positions?

Looking at post-MBA level finance advisory role if that helps.

I have a FT role currently that I would be skeptical about leaving for contract work, but I know that contract work tends to pay a little more so just wanted to see if it's enough to consider.

like

Did PwC increase their payscale in UAE?

like

What compensation should I be targeting for a Vice President role at a PE firm with $6.5B AUM in terms of salary, bonus, and carry? How might this differ for an operating partner at a PE fund? TIA!

like

Hi sharks,

18LPA CTC in India equivalent to how much in US considering all factors??

What is a realistic salary to negotiate for when applying for a VP position in Risk? Currently have 5 years of experience

like

PwC S3 in FS audit NYC, up for promo this year. What’s the M1 and M2 base range? M1 more specifically. Thanks!

like
like

More Posts

Anyone in Hong Kong/Singapore? Looking for new opportunities in those places

How is warner bros discovery client in globallogic in terms of work life balance

like

does any one have tips and tricks on how to be a good interviewer? I'm finding it difficult to gauge someone just asking...tell me a little about yourself...

Hey everyone! Welcome to the new group, so excited to have you here 💕💕💕

like

If there is anything science taught you it is-

likesmart

What is a look back analysis?

like

Any M&A tax practices out there that will allow remote/mostly remote work in the future? Where?

like

how much harder is banking then valuation?

likefunny

Im so happy! I just paid off all my debts!

like

I need a referal for Devops Engineer role in SAP LABS, can anyone help me on this?

SAP

like

I need help. Anyone have information of being an advanced medical support assistant for veterans affairs? I got offered a job in the SF valley . The pay Is a bit less but it's about 5.5 miles from my house.close. Why do people pray for government jobs? At the moment I'm with ucla health as an admin assistant float permanent& have been offered permanent placement at a site in LA about 16 miles . The pay seems pretty decent& also have the pension plan. Been here about 2 years no issues.

like

What are my chances of getting into APM programs at companies like Meta and Uber as a student from a non-CS background and little experience?

Currently working on my MS Finance degree, graduating in December. Working on my resume and was wondering if I should include a projects section (which would be projects/assignments from classes)?

I don’t have much experience as I went into grad school right after undergrad (graduated December 2021).

like

Can anyone share interview experience for the role of Full Stack Developer at McKinsey & Company for  Build by McKinsey?@

Yoe - 3

like

I have several job offers I am considering. My dilemma is when I put my resignation in for my current employer should I tell them why I’m leaving? (Toxic environment passive aggressive behavior from superiors
And staff that habitually didn’t do their job thoroughly and I was prohibited from writing them up?) thoughts?

like

Is the CFE pretty easy?

likefunny
like

I have an offer for Consultant Specialist GCB5. Not sure what the role is..is it a team lead role or is it a junior role? I have 10 yoe .. is it apt? Pls help Thanks

What is the salary structure of KPMG India?

like

What would you do
A) Rent a 1000sq ft 2bd apartment that’s ehh for $2000/mo.
B) Rent a dope 2,400 Sq ft townhouse in same neighborhood for $2800/mo.
Rent will be split 2 ways. Current salary is 100k

like

Hi Fishes,
It's over a month I had applied for a job post at career portal of accenture and still it is showing your application is under evaluation. My job CID no is C7183481. And now I am unable apply for other job openings too. Can anyone help me to apply for job post also and to know about the status of this applied position.

Additional Posts in Consulting

StartUp on Netflix is really good.

like

When they say utilization doesn't count for the month of May/June what exactly does that entail? I'm assuming being on the bench for those months will still show on personal utilization reports...

like

Been seeing a lot of jobs being posted by OYO. Anyone have insights on their culture, benefits etc.?

funnylike

Is studying for (and hopefully passing) the CFA a good alternative to an MBA for career advancement?

Background:

Currently in M&A advisory. Not looking to move into research or portfolio management, just seeking to add an "advanced degree".

I would love to go back to school, but cost and my location - not near any major schools - have kept me from applying. I have considered Kellogg's eMBA in Miami.

#cfa #mba

like

Looking to target PE firms as clients, need to do some research on how they work so we can speak intelligently when trying to sell operational work to them. Any book recommendations ?

likefunny

Hi everyone, I’m in a medium size consulting firm started working since Oct 2021. I’m wondering is it good to jump to industry for my next move or move up in the consulting world to polish my resume better with MBB or Big 4 in my resume… any thoughts? I really don’t know what to do in life so either one works for me, but I’m just lost.

like

If your role is being closed/being laid off (not due to performance issues) just firm downsizing, do you tell the companies you are interviewing? How to phrase it?

like

Book recommendations? All genre welcome but I usually read nonfiction

like

Anyone has any good corporate codes for Hilton? Downtown Chicago if you need an area specific?

likehelpful

Any book recommendations about human psychology / thought processes?

like

Anyone receive United Miles out of the blue? I got additional 30k, just don't know why

like

My office chair stinks even though I wash it with carpet cleaner every few weeks. Fellow 24/7 WFH workers, how do you keep your office chair clean?

likefunny

Not sure if I am getting laid off. What are some key signs. Thanks in advance for your help?

like

What is happening at Accenture... are recruiters being fired?

likefunny

What are some good books that helped you with consulting? Looking for some good reads.

like

Hot take. Is FAANG even a thing? Or was Cramer just worried about the acronym if he took out Netflix?

likefunnysmart

What can I do outside the office to boost my resume and be a substantially more attractive candidate for top consulting firms in ~12 months time. Working in disputes and valuation role but want to go into management consulting next year (post MBA role). I feel like my job isn’t enough because skills aren’t considered as transferable outside this field.

like

People who have made it to the perceived “top/best” place in their career field/education (MBB, FAANG, top PE fund, HSW, etc): do you feel satisfied? Have you had to recalibrate your goals? If so, what are those goals?

like

Worth it to move from KPMG strategy to EYP or Strategy&? Are exit ops any better? What about project work? Total comp seems to be more or less in line, so just wondering if people think it would be a good move for similar title/role

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal