If the big4 has an up or out model, do a lot of senior managers get laid off? Not everyone can be a partner/principle. How long can someone be a partner/principle for?

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

Do you mean principal?

like

People get counseled out at every level, even partner.

like

Partners/principals have to retire at age 60, I think. And yes, senior managers are laid off if they don't get promoted to PPD after a certain number of years. The number of years depends on the career model that you are in.

like

If SMs don't make it here, sometimes they'll switch them over to the specialist track, which has more lenient timelines. especially if they are critical to an account

like

What exactly is the specialist track at the big4? I didn't realized we had one.

like

Yes, pwc1

Is there a difference between counseled out and laid off?

Laid off implies overall business performance doesn't support our headcount. Counseled out is closer to being fired.

Dinosaur SM's not in the promotion track are a big issue for us.

Related Posts

Didn't have top grades, wasn't on law review. Worked at a midsize firm and was laid off in march-- have about 3 years experience in a hot practice area. Have been applying and had some interviews at larger shops but nothing has come of it. I'm still applying to roles (not many out there) in my area but coming to the realization based on number of larger firm rejection letter that I may not find a role. Where would you go from here if you were me? Was making good money at the midsize...

like

If you got fired today would you have a Bach up plan? What would it be?

like

Boyfriend has seemed to be dropping a ton on me lately, even after I got bad news that my company is t doing so hot this week and layoffs are approaching. First it was that we may be moving to another state for his job, then it was that his brother may need to move in with us for a few months after he graduates

It’s just a bit overwhelming at this time and I’m not sure how to communicate through all of this being thrown at me. 3 yrs together and we were friends for many years before that.

like

I recently got an offer from Accenture but I am not sure about the job security as I heard they have laid off many employees. Need your inpur on this please.

TIA 🙏

like

How much severance should you expect after getting booted after 1 year. I got 3 months salary

like

Is it a good time to join @Axtria?
Are they also planning to lay off just like @ZS?

like

I’m quitting my job tomorrow morning. I don’t have a new job lined up. I’m scared, but also excited? I’ve felt under utilized for months, and haven’t had a promotion after two years. I never take risks like this, but life is too short. Is this a bad choice?

likeupliftingsmarthelpful

Had a fight with my MD or let's say more like argument. After that the next 2 months was endless nitpicking and pulling me for mistakes that aren't really in my control.

Post 3 months, I apply for a transfer. Transfer process delayed for some process reasons
No negatives/issues in my f22 feedback. Utilization above target. Way Above average
Recently fired without reason
Who should I escalate to?

PS: Ignore typos. Written in anger

like

I was informed today that my employment would be terminated at a tier-2 consulting firm in Toronto. The reasons for my dismissal are unclear and I would like to get legal advice on the termination agreement and severance package that was offered. Has anyone experienced a similar situation and can refer a good employment lawyer?

like

Have an interview with a company I really want to work for tomorrow. My last job I was laid off b/c of an acquisition&recently accepted a job at a diff company b/c I couldnt afford not to. I got this invite shortly after. The place I’m interviewing at the job wouldn’t start til next year. I dont want to seem like a job hopper. Do i tell them I’m at a new role or just not bring it up? The acquisition was public so they can see Im no longer employed with the most recent work history on my resume

like
likeuplifting

I heard UKG has fired many employees this year?
Is it good for job security?

The partner in charge of my office had a nearly hour long conversation Tuesday with our new hire, behind closed doors. I didn’t hear yelling, but the bits I heard weren’t good. Will he be fired?

like

Hi Fishes,

Need advice,

I recently got laid off by PS and my notice period just got over,

I have offers from:

PineLabs,

HealthKart,

Recro,

Rojo Consultancy

All are offering almost same ctc around 19-22 LPA,

I have 3 years of experience as a backend developer,

working on Spring Boot, REST API, Java 8.

Any help is really appreciated,

Thanks in Advance 😅



like

Anyone think Salesforce will have layoffs in the near future?

like

Should I negotiate a severance package even though it’s not in my contract and it’s not required by UK law?

like

Hey guys! Yesterday the company i worked for laid off the people in our state for economic reasons with no notice. I’m in desperate need of referral in entry level SWE/SD(or similar) positions at the moment. Any help would be greatly appreciated. Thank you!

like

Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

like

Hi, I’m currently looking for a job as I was laid off during COVID. If anyone is hiring, please let me know!

like

More Posts

If you want good privacy training, check the CDPO cert by Maastricht university.

like

Anyone willing to do a meet up? I’m visiting Seattle next week and thinking about moving there. I understand it’s covid, but if anyone is open, I’d love to have a chat. Beers on me!

Is an MBA considered an insurance policy from a work perspective assuming you go to a Top 20 program?

like

Hello! Does anyone have any insight into refreshers?

Has anyone been able to replicate Halal Guys white sauce at home?

like

I m doing leet code problem solving practice since last two months to crack coding interview however I feel it is hard to solve medium and hard category problem most of time . Is anyone else faced similar issue and able to overcome by following tutorial or course ? Any kind of leads to overcome this Issue will be helpful . TIA

like

My job application status says shortlisted in Mindtree Portal after 3 round of technical interviews. The recruiter told me he will send an invite for the HR round (10-15 days back) But i am yet to receive any information from them.

Can someone from #Mindtree help me understand what process they follow for recruitment?

Hi all, I am new to cognizant with 3 yoe. Got selected in Verizon account. If anyone knows about this account can u pls comment how the work life balance will be? and the pressure in the project and working Timings

I have cleared CTS interview and have asked for 21lpa with 6 yoe in automation testing. Do they give that much with the yoe I have ?

like

Any one understood what Steve said about compensation and bonus revision yesterday ?

like

Can anyone provide an honest summary of the bench policy? I’ve heard everything from 2-10 weeks

like

Anyone find that early in your consulting career ADD was an advantage... new projects, new colleagues new clients, etc. In brainstorming sessions everyone would come up with 5 ideas and i [CONT]

like

Hi!! Looking for opportunities to break into Microsoft !! I have a connection, but she’s in a department unrelated to HR, my area of expertise :)

Can someone explain why I see these notices go up every now and then?

No one ever calls any attention to them; they just get quietly posted in the printer room on a bulletin board no one checks.

Post Photo
like
like

Hello! I’m looking for study materials for the PHR. Does anyone have recommendations for cost effective resources or perhaps willing to part with your study materials?

like

Hi all!
Would love some insight on how you went from an HR assistant/coordinator to an HR Generalist. I’ve been in the HR world for 8 years, and only in the last 2-3 have I really done real HR work. The first company I was at didn’t have a solid HR team so I don’t really count that. I feel like I’m ready to take on more responsibility and learn more. And of course make more money.

I have looked into getting SHRM certification. But should I go back to school and get my masters in Hr?

like
like

Is it realistic to join KPMG Lighthouse or Gamma without a Masters degree but with previous experience as a data scientist at a big data startup?

Anyone good in MySQL?? I’m struggling

like

Additional Posts in Consulting

What is the best consultancy for Media and Entertainment work? Considering a move…

like

I can relate.

Post Photo
likefunnyupliftingsmart

How are you all getting away with not giving recruiters a comp range? I turn the question back to them but most recruiters I’ve spoken to were persistent. “We have to put a number in your application”. *rolls eyes

like

Books to learn more about how to drive sales in consulting? Any recommendations?

likehelpful

Some construction work going on in the room next to me at 11pm central time here at the Westin! How many points is this worth?

like

Which top consulting firms, if any, will pay for your MBA?

like

Does anyone else think that PwC allowing all US employees to work from home indefinitely is BS?

likefunny

How much severance should you expect after getting booted after 1 year. I got 3 months salary

like

Is there any advice for networking into projects when you don’t know many people at the firm yet? I always to help on BD work when I’m on the bench, but it never turns into any billable work. Every time I have talked to a partner/senior manager I was told I don’t have the skill set they’re looking for, but I don’t know how to build up from there. Feeing very lost but I want to improve my approach.

likehelpful

My Uber driver has a Tesla. Stories of the Uber driver having a nicer life then you. Go!

like

Is the chase freedom flex a better deal now than CSR? Worth downgrading? I already redeemed all my points through pay yourself back

like

Where is the excel with the best Hilton discount corporate codes

like

Slalom-ers, any of you that came from big 4 or elsewhere, have you enjoyed your experience or would you suggest something more boutique to someone who is tired of travel and infuriated by scatterplots

like

Looking to move from LA to ATL and stay with my current company. They are supportive of the transition, but I’m concerned about a comp adjustment since ATL might not be considered HCOL. Does any one have experience transferring offices within their company and keeping the same comp? How did you approach those conversations?

like

I have a strict rule that I take a drink for every hour I work past 8pm

likefunny

Sorry if this has been asked already, any recommendations on small ring lights or other illumination for work from home?

like

Can we cut down on this WWIII hype already?

likesmartfunny

Looking for help articulating / explaining how inflation has a greater impact on lower paid employees than higher paid employees. I'm having a difficult time framing the toll of a decrease to income, above fixed costs, for those who have less income than others.

like

Deloitte superday (type of thing) tomorrow. Wish me luck!

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