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I Got one Offer from Fynd but that is too low for me and as per my expereince
They are giving me 9 LPA bcz I quoted that amount when I applied for it long back. at that time I didnt know more about how salary and all calculated and whats the market research
Now after clearing all the rounds when we meet for salary discussion i told him my real desired salary as per experience and market reseach
He told me that I quoted 9 LPA so we can not do more "unless you have any counter offer"
Hi everyone! Does anyone in here work for Omada Health ? I have an interview next Wednesday for a PT Member Support Agent role and am unclear on what the pay could be. Glassdoor has the pay estimate at 42k-48k, but I found a comment where someone in the same role mentioned only getting paid $12/hr. I have 8 years of experience as a CSR but I’ve had a couple year gap in between now and my last job. TIA Any advice helps .
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Very helpful. I now know why I was getting paid 25% less than a peer in vhcol lmao. Kind of a crazy adjustment. CMAAS COL adjustments are like 10% and EY 25%
Pro
This is how most places do it. NYC and DC are peers on cost of labor now, even though DC is cheaper.
It’s because of the Pentagon audits driving up the market value of an accountant in the DC area. Federal accounting is a specialized industry so it pays a premium above other accounting fields, and even if you don’t work fed/GPS, the need for accountants to enter a specialty field that exists mainly in one geography drives up the overall labor cost for our industry.
More reasons it’s much better to live in DC — get paid the same and have less costs.
Also Boston has always been MCOL. The cost of living is high there, but wages are relatively low.
Miami as LCOL makes sense as well — bunch of people moved there for the pandemic and work remotely for other states. Doesn’t increase market value of wages but does very much so increase the cost of living.
Anyway, if you’re familiar with the various accounting labor markets in some of these cities, most of the 'huh?' ones make a lot of sense. Especially with the yellow highlight saying some markets get an additional adjustment.
Rising Star
EY10 — yeah. Largely caused by the WFH trend is what I was saying. Not fair to people who have lived there for years.
This is one of the reasons I left EY. No reason Chicago and Boston should be getting less than NY and DC. Same work, same clients, less pay. No reason to reward that structure. Law firms caught onto to this in the past few years and now pay equally regardless of location.
Pro
The “people can work anywhere” argument is fanciful.
Labor economics is inherently geography based. If the firms went all in on WF-anywhere, the logical outcome would be not hiring as many people in Chicago or NYC and instead hiring people in Montana to work remotely for those offices at 20% off. It’s not raising the wages of people in mid-cost of labor cities.
Oh, and here’s the great thing about it — if you think you’re actually being done wrong, you have the option of looking for a job, and guess what, it’s probably going to be local to you. Which means you’ll be getting paid roughly the same as in public since it’s the same labor market and no one pays above market.
Nyc needs market adjustment up
Not enough I guess..
Can’t believe Miami is considered LCOL.
This is fy23 number so updated
People should just avoid EY altogether
Yea, Miami in zone 1 is wild.
You dont pay income taxes
A quick google search shows numerous sources saying that the cost of living in SF is higher than NYC.
Cost of labor, not cost of living
It’s COST OF LABOR
and how does cost of living not impact the cost of labor?
NYC getting knocked down a peg is a good thing
Rising Star
This is interesting, thanks for sharing.
Some of the cities in geo zone 1 probably don't belong, like Honolulu or Miami. Pretty sure someone in Miami on Alpharetta GA pay is gonna be under the poverty line.
Columbia MD is between DC and Baltimore and commutable to both, but gets none of the additional COL increase that either of the other 2 get. Damn
Cost of labor
Wow Boston is MCOL.
I can’t figure out how Chicago can pay more than Boston. (I’m Chicago-based).
Who even made this lol
Let’s talk about cost of labor vs cost of living
Unless EY’s market study shows that those cities classified as low cost of labor but with high(er) cost of living have more accounting grads per capita residing than the other cities, this disproportion between COL(iving) and COL(abor) is senseless.
Deloitte do that too lol NY is lower than SF. To be honest, living cost in NY is much lower, especially food and drink
Where did you find this listing? Is it on an internal website we could find? Always been curious about how EY ranks cities’ COL so thanks for sharing!
EY 13 don’t be a narc
It’s insane that Miami is in the same “geo zone” as Cincinnati or Birmingham are 90 percent of these areas. It’s insane it’s even in the same zone as Jacksonville….
RSM1; that’s because of where you shop. I’ve lived in uptown and you can breakfast for an affordable price. Miami doesn’t have that arguably middle class segment of the city. You’re either in the hood or at least 4 of your neighbors drive an exotic import.
They need to split the LCOL up. There is no way that Portland or Honolulu have lower cost of living compared to Sacramento.
I know what you are saying, but at the same time I can hire labor for less in most of those same places listed on the zone 1 list (especially places like Indiana) than I can in several of the cities. I still think it needs to be split.
Chief
I like what I see.
Why are some cities in zone 1 yellow instead of white?
Getting additional adjustment for client serving professionals