If you are leaving for a role as a Principle / Junior Partner, would you expect 2x your current comp to justify opportunity cost? At what % increase in base and total did people leave for?

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

No one is gonna give you 2x your comp 🤣 come back down to earth

likesmart

At a similar firm? I’d expect the same comp they pay everyone else at that level…

People don’t typically leave at junior partner unless there are issues outside of compensation…

like

You're more likely to get 0.2X your comp

like

Principal

like

Explain the opportunity cost on an external promotion?

Min 20% bump

EY1 makes sense. Leaving for industry. Think important to justify the opp cost for partner comp

20-30% bump is usually about where it caps out. It’s kind of ridiculous to ask them to make you whole on what you’d make as a partner if you’re not one today. Most partners take pay cuts to move to industry anyway.

Related Posts

Working on a long term brand platform, which had the potential to be a really stellar, powerful body of work.

Sadly, it's being driven into the ground so hard by stakeholders that I have no love left for it. It's slowly becoming an embarrassment.

How do you go about this? Do you just swallow your pride and just take the paycheck? Try to fight for it tooth and nail while you still can?

like
like

Can I renegotiate the salary in hcl tech I am getting 2L more in another company( fixed) . What is the probability of increment of salary.
Position :senior tech least
Yoe:6.5
Salary now:17fixed

like

Hey Guys, What’s the Salary expectations for a Senior consultant with 5yrs of experience in Service Now can quote with DELLOITE USI

like

Hi ,
I want to change my job can u please help me with the openings ??

like

Hello Fishes,
What salary should I expect from Deloitte India for SAP MDG tech. I am having total 2 year of experience. They are offering me consultant role.
Please provide answers in figure if possible.
Looking forward for your responses.
Thanks in advance!

like

Is PwC India will give revise offer letter in case of another offer with higher salary?

like

I received an offer from Optum on the first day of joining of another organization. The offer is much much better than at which I have joined. I am really feeling low. What should I do?

like

Hey guys,
I’m looking at the Bank Of America Market Financial Center Manager role. Trying to figure out the salary range for this role and online research is giving me a wide range for this role. I have my MBA (non-Target school) with 3+ years in management (2 plus years in management in the banking/finance industry). What salary range should I be expecting? Thank you in advance.

like

Here’s your sign to leave accounting. FS audit > tech consulting. Took 2 years of dedicated studying and a second masters in analytics, but 2xed my comp by making the move

Post Photo
likeupliftinghelpful

I received a job offer from company A and am currently negotiating salary. I have an interview with company B next week and know that they offer a higher base pay. There’s no guarantee that I will be offered a job at company B but my gut is telling me that company B would be a better fit for me. Should I accept the offer from company A, continue interview process with company B and then rescind my offer with company A if company B offers me a job? Will I be burning bridges?

like

Holding an offer of 20.5LPA. Now selected for C1 band at Capegemini. How much should I ask?
YoE 6.10, Tech Stack AWS DevOps, CCTC 10.5 LPA
Capgemini

I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

like

Morning! Being laid off sux, I been down this road 5x in my career it never bets easier.

Dust off contacts and make your rounds
* if you’re in a good position to take time off do some, seems we all need a mental break anyway

likeuplifting

I hope someone answer this and guide me I’m a CSR for about a year now working from home I have always wanted to work in a hospital setting was told about a job at Baptist of south Florida for a patient financial representative position did a panel interview was nervous however I emailed the supervisor she said HR was to contact me once they review my application and interview me again… I just don’t know what to expect hr to ask me…

like

Remuneration for a project manager with a company like property developer

like

Staff 1 Rating 3, with an 8% hike. Good/bad ?

Dear Connections,

I am Milind Shirke from TCS- Mumbai, holding 12+ years of experience in accounts payable, Green Belt certified, knowledge transfer lead, having end to end PTP cycle hands on experience, automation lead, support role in business transformation, business consultant.

Thank you for looking out for opportunity for me in AP domain.

Regards,
Milind Shirke
Mumbai, MH - India

like

More Posts

Anyone nearby Barclays kharadi?

like
like

Anyone interested in below Job profile, please share your email I'd.

Post Photo
like

Open to any UXR roles. Preferably remote/hybrid . Recently laid off due to corporate restructure. 3-4 YOE.

like

Hi fishes,

I'm looking for a switch into finance or marketing domain as I'm a Bcom graduate and did finance as major and minor as marketing. The current work is not what I wanted to do. Asking fishes refer me in their organisation. It would be helpful for me to make a switch in early career.

Thank you.

like
like

Can anyone here explain me the variable component in Mindtree??
HR said.. everything is fixed , there is nothing variable here.
Is this true ?? Or is it that there is variable which is being paid monthly and which can actually vary month to month??

Please explain if anyone can.

like

Guys quick question.
I'm a having beginning level knowledge for Tableau.
I have an interview on Monday for a profile for Power BI. Can you tell me how difficult/ easy would it be for me to quickly pick it up Power BI in a day basis my current experience?

like

Hello Everyone!
Hope you all are doing great.
Can you please guide me how to prepare for @Google's interview?
Role: Administrative Business Partner

like

So… are any NJ/NYC people planning a meet up?! 👀

likefunny

KPMG I’m interested in learning more about your AWA alternative work arrangements. Any success stories? When would be the appropriate time to request one? Are certain types more likely to be approved than others? What does a compressed work schedule entail?

like

Best Christmas activities and events happening in the city?

likehelpful

Random question: on pulley row, i have begun relaxing my shoulders on the descent. this enables a fuller range of motion and more lat engagement. continued...

What is a realistic signing bonus ask for a mid level lit associate to a midsize major market firm that pays 80% DPW scale ?

like

Hi, I'm a Designer and with 3 yoe. Mostly freelance with portfolio ranging from UX/UI to Web Development to Branding and Strategy. Looking for a Product Design role starting July. Any leads?

Applying for jobs for the first time, suggestions are very much welcome :)

like

Hi all,
I have one doubt. What is the meaning of "LD." in bny Mellon? I saw lots of positions starting with ld

Does anyone know how the ease or difficulty of moving from business services tax (partnerships, private equity etc) to transfer pricing?

like

Human Resources or accounting as a career ??

like

I want to switch from consulting to marketing for a fashion/cosmetic brand. Im trying to think of my transferable skills, but I’m just over thinking it. Anyone have some feedback that could help?

like

Anyone there ?

like

Additional Posts in Consulting

Utilization director told me today that the layoffs won't affect me. My heart goes out to everyone that had to hear otherwise. Here's to hoping y'all find something better and prosper.

like

So if women will be prosecuted for having abortions, will men be prosecuted as well if they pressure women to have abortions? Or is the act of abortion viewed as a one party decision (women). Curious if this will solely impact women and not men.

likefunny

It’s been 9 weeks since I had to go to bed on Sunday nights with 4AM alarms, one of my far and few happy moments in these uncertain times..

like

Starting to get more involved in the project sales process - any recommendations for books or resources to develop skills in this area?

like

I am currently waiting for the job offer for a consulting firm but I was told it could take several months. Between now and then, I have plenty of time for myself. What should I be doing to prepare myself for the new job? Any recommendations for newsletter/industry reports/books/ coursea courses? Thank you all!

like

From a book written in 1993, when Kodak was a Blue Chip and Walmart was a Growth stock 🧐

Post Photo
likefunny

What tends to have better salary progression up to "senior manager" levels in industry: business roles or technical roles (e.g. Data, BI)?

like

Why do some people get laid off and others not? Is it always utilization? Do people typically know they're at risk before it gets to that point?

like

Weekend work ..... yaayaay

like

Anyone here work for PwC Seattle? How's the culture? Good people? Do people travel much, or is it mostly local work? I'm an intern who received an offer elsewhere but considering asking for there.

like

Is anyone available to give a referral to Bain, BCG, EY, or Oliver Wyman for an associate consulting position? Pls DM your email and I will send my resume (and cover letter if needed) over! Thank you so much!!

like

Men, what brand/style do you wear for a light jacket? The type you might want to wear if it's high 40s/low 50s in the morning and you're going to the office

like

anyone here do UX Design or Customer Success?

like

How is M&A right now? Is this industry currently short of work or short staffed? Trying to figure out what my chances are to get in

like

MBB folks, do you and your coworkers even consider Big 4 people management consultants? Trying to gauge the general consensus.

I have been tagged for this project that doesn’t start until June 10th. My utilization is going to drop significantly but at the same time the deployment team cannot present me elsewhere. Ugh!

like

Partners: how do you get paid? Bi-weekly? Do you get monthly reports of the revenue so you know what to expect in your check?

like

All I want to do is curl up in bed with hot tea and a good book. Recommendations for if I ever achieve said dream?

like

Would anyone be willing to give-up 10% of your base salary for a standard 8-5 job in industry?

like

Help! List one or two items you bought between $200-$1,500 value and whether online or in store...

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