Consulting

If a partner received some money from a candidate (say 100k) and got that candidate into Deloitte, is this a simple against code of conduct or this is a crime?

likefunnyhelpfulsmart
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I was expecting more than $100K at Deloitte since Harvard's ongoing rate is north of $1 MM

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likefunny
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Lmao, people are paying 100k to get into Deloitte 😂 Not sure it’s a crime but it can’t be ethical. Or maybe it is because it’s giving unfair advantage to a class of people that has more money?

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likefunnyhelpful
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LMAOOOO^

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Of all the things you could do with a 100k, why would anyone want to be hired by Deloitte????

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likefunnyhelpful
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It’s an exchange for service/good that prevents fair competition and hurts the company. That is called bribing.

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Like campaign finance 😱?

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likesmart
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I just don’t understand people. Some one is willing to pay all that money to get into deloitte? Really? Deloitte?!? Why not go for MBB? If you’re going to bribe your way in, at least aim high. 🤦🏽‍♀️

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likefunny
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It happens. McK’s rate is just higher.

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Lots of rich people give $1M+ contacts to McKinsey contingent on hiring their kid so not that surprised if someone gives $100K to get their kid hired by Deloitte

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It may happen rarely here in the US but fairly common in Asia and not just McK and other prestige consulting shops but investment banks as well.

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Y'all if I had 100000$ to pay to get a stupid Hugh demand anxiety riddled job, I'd just take a year off and travel with that $$$. Some people are so dumb

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likesmart
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If only it were a crime for the rich to have unfair advantages A partner taking 100k to get somebody hired has other issues if it truly is a quid pro quo situation that fits the definition of a bribe. In general most informal situations like donations where quid pro quo is not clear may not fit the definition of a bribe even if unethical.

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I’ll take 25% on the front end for a referral and 75% on the back end once I get you hired* *Up-front fee is non-refundable, results may vary

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likefunny
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Remember the college scandal ? Lots of rich people paid to get their kids in college - this is that.

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It’s illegal. But 😆 he should be fired for bringing in someone dumb enough to pay $100k to get into Deloitte.

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Interesting question. Definitely unethical, but a partner in a private company isn’t a public official. Not sure if bribery laws would apply

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Happens with D1 football recruiting all the time. That’s how high performing teams are built.

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Yeah I’d say the parents kids thought this was a good investment. If the kid was smart they could calculate their own worth with excel

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not sure about 100k

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