Rising Star
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Do you believe in Karma?
How much time Mindtree take to release offer letter? I am waiting from last 2 weeks or more. On their candidate portal it is showing Shortlisted, however no offer letter . I have called the HR 2-3 times in past 5 days, however HR doesnt pick up my calls.
Below is the email i received from Mindtree, a week ago.
We would like to inform you that you have been selected in final interview with Mindtree. We are currently in process of taking your candidature for further processing.
Mindtree
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What’s your salary? specify cost of living as well please. Do you still get raises or any adjustments for inflation?
Rising Star
Base is 260K and bonus is about 8-10% per year. MCOL as it’s a Tier 2 metro area (suburbs of Atlanta). No longer receive notable raises (if any, most years).
How do your performance/coaching discussions go? Is there no pressure for to get to MD? I’m at yr 8 of smgr and feel like I would be on the chopping block at some point due to my relatively high comp..
Rising Star
I don’t really have performance/coaching discussions anymore. I’m more of a SME lead and assist teams with consulting based projects with no further review/partner involvement. Those discussions stopped maybe 8-10 years ago when I said I have no interested in being promoted/considered for promotion and my intention to stay put. Eventually they stopped trying and let it go. “Officially” I still have a coach like everyone else, but there aren’t really meaningfully discussions like everyone else has. It’s more like - you’re rated average, here’s your comp just to acknowledge the discussion was held.
Isn’t SM the hardest job in PA? Why did you stick around for so long? I see tons of SM stick around for 10 years then go to industry because they can’t be ppmd, why didn’t you make a move
Rising Star
I’m in a niche consulting group, so I don’t have a busy season. Averaging 25 hours a week. For what I specialize in (Sales and Use Tax consulting) there aren’t positions in industry which would allow me to be fully remote and pay well. I’m comfortable with this salary for the rest of my career (and have been for the past 10 years).
Same here OP. 20 years at EY with about 12 or 14 as SM. 6 years ay pwc prior and 8 years at small firms out of college
Rising Star
And that’s totally fine. Not everyone wants to climb the corporate ladder and once you’re known to be more valuable to the firm than not, they’ll stop annoying you or pressure you to move up.
Why do I want to ask you anything?
Touché
I'm in - as a fellow long-time SM, I have no desire to pursue promotion at this point for lots of reasons. I'm interested to know the reasons that you have stayed at SM so long?
Rising Star
Exactly this, especially the last part. A lot of people think that’s it’s always up or out, but that’s generally not the case at these levels (experienced SM). At some point, the value you bring is worth more than losing you. If the firm can collect what I bill, nobody has to review what I sign off on, and the clients are happy, this is the biggest win-win for all parties. I made it clear that I have no interest in being MD/P type of level and wouldn’t commit the time to find new clients/be involved in firm initiatives. At first it was frowned upon and even questionable, but let the work do the talking. I see this happening more and more now - lots of SM in their 40s who prioritize their family but are too valuable to the firm. That’s the sweet spot.
What are your annual raises assuming you’re at the top of your band
Rising Star
Answered above, but I don’t receive regular raises at my salary is essentially capped.
Very cool setup OP!
Rising Star
Thanks! Most people just think I’m that old senior manager who can’t promoted (while it’s factually true), I don’t care. I do care about my job, but I have no interest in social events/getting promoted/networking like the younger folk do. I assist as needed and then log off and spend time with my family.
Have you worked with a new staff (as in they were a staff while you were a SM) who eventually became a partner
Rising Star
Only once has this happened. One of my staff rose up quickly and became an MD in 11 or 12 years. But there is still a level of respect - they often come to me for technical advice and get my thoughts. It’s not like they are now my boss and I report to them. I respect their grind to move up quickly and they respect how I taught them and treated them years ago. Things come full circle and you never know who can be your boss/peer in the future.
And do you love your job?
Rising Star
I don’t love it in the sense of how other professions (doctors) love their job, but I enjoy it. At this point in my career and life I can’t start over so it’ll do.
When do you plan to retire?
Rising Star
In 8 years once my youngest is through college.