{ "media_type": "text", "post_content": "I would love to know what turnover rates are at everyone's firms in a year Not counting layoffs, how many people do you suppose just move on? I am guessing at ACN it's at least 25%. Thoughts?", "post_id": "578e19ed4e939e0f0064df15", "reply_count": 11, "vote_count": 0, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

I would love to know what turnover rates are at everyone's firms in a year Not counting layoffs, how many people do you suppose just move on? I am guessing at ACN it's at least 25%. Thoughts?

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

Overall, ACN is probably a bit higher. Saw a stat a little while back, the average expected tenure is roughly 1.5 years.

like

I think bah is similar, but I think it would be fair to count layoffs in turnover.

Agreed

Normal year about 15%

If you're curious about the subset of turnover that is employee-initiated vs. firm-initiated, I have no idea, but typically it's somewhat mutual i.e. the employee sees the hand, writing on the wall and leaves before a lack-of-work letter.

We aim for 12% natural attrition

PwC 25%

What the hell? 25%? In strat it doesn't exceed 8%.

^interesting!

I would say 25% or higher. I've been at 2 firms, each for about 3 years. By the 2-3 year time frame, about 90% of the ppl I started with have left. But none of those people are straight out of college hires - they are all industry or grad school hires.

^also interesting

Related Posts

likeuplifting

Hello Sharks, I need genuine suggestions regarding whether join Accentute Or not. My doj in 9th March but till now I'm not allocated in any project. I read many negative comments about accentute bench policy and pip program. Also there are 10% layoff policy.. Is it true??..
Also for me job security is a concern. Coz leaving EY where there is not such lay off policy or pip but joining accentute is bit challenging.
Please provide suggestions.

like

Does anyone know if tech companies typically offer a severance package if laid off for sales roles?

like

I have to give my notice today. How can I do graciously and respectfully? I’ve no hard feelings against the place, it’s just time for me to move on but I know I’ll leave them in a bind and I feel guilt over that. (I’ve also never left a job before, I’ve only been laid off. 😳)

like

Have there actually been any US layoffs? I have heard this should not happen til next month.

like

I have a contingent offer after being laid off in spring due to COVID. Since then the job market has obviously been tough, so a few buddies and I started a start up that has done very well, but we haven’t filed for LLC status yet (keeps pushing back). We have ~10 guys working on various areas. I just received an offer back in my usual industry, and have been truthful in my experiences. Will they ding me in a background check since there’s no 1099 to prove formal employment? FYI I have references

Ladies, I had dinner with a friend and his wife and my friend (also a consultant) said he was worried about me being laid off. Any of you nervous about this right now? How are you dealing with it?

like

Is good to join Wells fargo now a days by considering layoffs in next 5 years??

Any suggestions...

@Wells Fargo..

like

My firm sent an email yesterday saying their tracking billable hours DAILY. It’s either they don’t think we’re working from home or about to have some layoffs 🤷🏼‍♀️

like

Hi all! I was just laid off in a third round of RIF layoffs at my company this year. Trying to get enough likes to DM. Here’s a picture of our Maltese, Yuki! Do me a solid and like, please?

Post Photo
likeupliftinghelpful

I got laid off a month ago, the market is crazy and idk when I’ll find a job next. I’m happy on the outside but crying inside :(

like

I won two clios and got laid off in the same week.

likehelpfulupliftingfunny

Is it a dumb idea to look for a job when so many other accountants were fired recently?

like

Can we talk about the failure that is vision 2020? I dunno about yalls office , but here in the south. We've had employees laid off , list multiple clients , and are now trying to pass stuff to India

like

Fishes need ur help...my friend s been laid off without notice...any quality analyst jobs please let me know....would be really grateful 2 u all...

What’s the maximum amount of unemployment I can qualify for in nyc? I’m make around 85k now but could get laid off. Thanks in advance for advice.

like

Are layoffs that common at Deloitte? Didn't really see it happen at Accenture at all.

like

Would you ever rejoin a firm you were fired from? Partner I was close to at a prior firm reached out to see if I was interested in rejoining. I was fired from the firm 4 years ago but kept in touch with some of the partners. The partner responsible for my firing is no longer there. I don’t think I would do it, but I wanted to get other people’s thoughts.

like

Signed an offer letter today after being laid off for 2 months and not gonna lie, it feels pretty damn good.

likeupliftinghelpful

Did LTI fired all bench people? Larsen & Toubro Infotech

like

Additional Posts in Consulting

Very excited about using a stipend toward exercise equipment. Due to space limitations (& preference) — anyone have recos for compact ellipticals???

like

Tired of this work from home.
1. Parents are controlling.
2. Taking care of jobless elder brother
3. Lots of restrictions by parents , sometime calling friend is also an issue
4. Didn't meet friends since 2 years
5. Lots of fights at home
6. Wanted to move out asap ,
7. Savings reduced even when income got doubled/tripled
8. Everyone's is just considering me as ATM at home

Feel like wasted my life in last 2 years , post covid19. Life was good when i was living away alone with friends.

like

Is joining Dell now risky because of inflation and recession in US ?

like

I just found out a good friend I went to high school with is moving to SF for a tech job with $520k TC, we're both 24 years old. I have never felt that bad about my $120k tc until now.

funnylike

Hi. Can anyone refer me in their organization for the position of kyc analyst or spealist. YOE 4.3 years. Area of spealization: KYC Verification ,document verification of both individual and companies for customer on-boarding and account opening, risk analysis and Audit. Thank you

like

Ok a different note, can we just merge the two Dakotas?

likesmart

This post is an alert message for anyone joining the Johnson & Johnson EMEA account for SAP & had Rakesh Sharma for their Manager round.

He is nothing less than a con man & will promise you a lot to make you join the account. After that he will put you in testing projects. If you ask for a release, he will either not release you or release with a very bad rating and influence other project managers to not take you into their projects.

You will be left with no choice other than leaving TCS.

like

I am curious if I am being paid fairly for my industry and location. I am a 2018 business admin grad, and served in the Peace Corps for the international experience. Now I work for a Colorado nonprofit (8mil budget, less than 100 combined full time and seasonal employees). I am responsible for employee onboarding,workplace culture, and HR support like payroll prep. I have been in the role for almost 1 year, and started as an generalist 2 years ago. I make $65k.

like

Trying to move from Credit to IBD, what are the chances?

like

How much should someone with approximately 5 years of experience be making in the pharma industry? Mostly focused on base + stock and targeting the commercial analytics / strategy space— also thinking Bay Area or NY/ NJ, I know the salaries will be different across the two.

like

Newbie here..starting a brokerage account with Charles Schwab primarily for ETFs. Any recommendations? I’ve shortlisted SCHX (large cap), SCHA (small cap) and SCHF (international) for my portfolio

like

Do we still have a groupchat floating around? 😈

like

I’ve posted here before about the best way to give notice. I plan to do it Monday, which will be 3 weeks before my new job starts. This week, my judge has inexplicably told me how much he appreciates my work/how thankful he is for my work. He told us previously that he had hormone issues that he was starting medication for. He was nice for a while before becoming incredibly toxic. The hours/benefits are so good, but I’m so scared he’ll go back to toxicity. Should I stay or go?

like

Which office chair do you have? I’m currently deciding between an Aeron and a Cosm

like

Which consulting companies value and hire candidates with PhD and/or postdoc experience (life sciences)? I believe there are a lot of transferable skills that are beneficial to consulting, but I feel quite a few places do not care (?) about it. Any tips, advice and potential consideration/referral will be really helpful in this stressful period.

like
like

What does median pay look like for strategic AEs at Salesforce?

like
like

What’s the best experience you’ve had in big law as a POC? (inspired by the “worst experience” thread)

like

Thanks for setting this up!

like

Additional Posts (overall)

Thoughts on Prosci or SHRM-SCP certification? Which would be considered more valuable or highly regarded? Currently focused on Change Management but have a HR background (industry experience / area of study in college).

likehelpful

Meme Request: a coworker is rolling off my project to pursue a dream M&A role and I want to make him a card with those “when your friend rolls off your project” memes — but I can’t find them! Help out a un-hip Boomer?

likefunnyhelpful

Has any consulting or research firm done research to see if there’s correlation between years of experience (yoe) vs. happiness in consulting? Would think fresh consultants/associates with 0-1 yoe and partners with 16+ yoe are the happiest.

like

myTE seriously needs to have a checkbox for Airport Drinks for per diem expenses.

like

Thank you KPMG

Post Photo
likefunny
like

Any suggestions for a budget large screen tv for screened porch usage? Looking for 65inch and any smart platform.

like

Hi are any Oliver Wyman fish able to offer a referral for a DEI candidate looking to escape from advisory into consulting?

likehelpful

That’s it! Just logged off for the last time. I’m done with consulting, and I’m off to industry!

likeuplifting

Moms employer hasn’t been paying premiums on employees’ health insurance, so employees’ bills aren’t being paid. Union not responsive. Believe they’re in bed with employer. Other unlawful labor...cont

like

SFB 2020!!
(Settle for Biden)

likefunny

I see some consultants blowing those high price checks in MGM National Harbor tonight 😆🙌🏽 Work hard play hard!

like

To cut down cost travel is min on my project, my eng Mgr is complaining I don’t have relationship with client or he shouldn’t be approached by client pm for every question. He is local while..cont

like

How much do you need in the bank to retire at 65 and live the life you want to live? (In today's dollars, so don't adjust for inflation)

like

MBB generalists: Has the prestige opened up as many doors as you thought it would? Anything about exits that was cliche & you were able to prove/disprove?

Not sure how much $ to spend on case coach..

like

Hello all! Deloitte is hiring for consultant through manager level roles. Please send me a message if you would like to apply

likefunny

Can we all agree when story telling about our careers or giving kudos to peers to stop glorifying unhealthy habits and terrible WLB?

Working all night, through holidays, forgetting to eat, missing the birth of your children for work isn’t a badge of honor and when it’s touted as something positive it tells newer folks that it’s required to succeed.

likeuplifting

NYC fam: what's your favorite date spot for a Sunday afternoon?

like

How’s work life at your firm?

likefunny

Can it reflect poorly on me if I leave my manager a lot of negative feedback in our 360 reviews?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
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

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

New to Fishbowl?

image with Fishbowl logo and arms reaching out for a handshake

Already have an account? Log in

By continuing you agree to Terms of Use and Privacy Policy.
Messaging rates may apply

For account settings, visit Fishbowl on Desktop Browser or

General

Legal