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Hi Team,
Hope you guys are doing well. I am planning to join Kyndryl on band 7b for cybersecurity domain. Want to know how is the environment there in terms of job security, wlb and hike? There are mixed reviews all over the places reg Kyndryl so posting here to get insight form you.Kyndryl Inc.
Also anything else you would like to add is good for me to decide as I have to choose between Accenture and Kyndryl (I was with Accenture and know what I will be getting and work there).
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McKinsey & Company How likely is McKinsey to rescind an offer if there's a recession/downturn before my start date? Received an Associate offer with a start date early in the Fall. But I'm worried about the offer being rescinded due to the ongoing McK scandals/issues and a potential recession in the making (which may prompt them to freeze hiring and/or renege offers).
Has this happened to anyone before at McKinsey, offer getting rescinded due to economic/company downturn? A bit worried
McKinsey & Company
What makes a bro?
Such a profound truth! Good night and God bless!
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Does anyone know if capital G uses a headhunter
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Why not do something that can offer both? Like I’m 30 and make $300 in a MCOL city but I started in real estate back when I was around 24 and with some rentals the first big turning point was when I reached that turning point where I was financially set for a simple like when my monthly profit was $10k a month and then it snowballed quickly to $30 then $40k a month. It was a big turning point for me when I got to $10k a month because back then I looked at how I was in school for soo many years to be able to take home $10k a month and that was on the requirement that I worked well and FT all month and the rentals were producing that with about 15mins a week of work. That was when I realized that the hard work myth was a lie haha and that the purpose of work is to turn our earned income as quickly as possible into equity in stocks, real estate, or small business.
I first saw this when I was in college because I asked my landlord how much he was making in profit per unit and he worked part time as an engineer as a hobby but was making $70k a month from this so he could spend all his time with his kids
It makes sense to continue working because work keeps you busy and offers prestige that business owners don’t really feel with these silly job titles we get and stuff in finance.
The US is amazing because there are nearly unlimited ways to get wealthy if that’s your goal.
What a brain dump
If you desire to have WLB, go do something else. The people who question “is it worth it” are the ones who likely get left behind.
People whom are driven are likeliest to end up in professional services and investing because it gives them the fastest reward (in this case, 💴) and the most prestige.
Were my 20’s and early 30’s an absolute slog? Indeed they were. Still managed to make some time for the things that mattered to me and chose a partner who supported me and those choices. In my seat now, I’ve got more autonomy and can take a call from the soccer field then put the phone down and enjoy the rest of the game. Did I have that ten years ago? No.
Mentor
A1 check out Heidrick report. It has what you’re looking for
I chose PE portco life after being in PE DD consulting. I have upside on the exit and decent total cash. Not partner money, but still lucrative.
WLB is very good. Work is fast paced but very manageable and I have flexibility with family and my kids.
SM1 - total cash is about 15-20% less than what I’d get at big tech or F50 public co, but I have equity so that will more than make up for it at the exit.
I worked in growth equity and am now at a pre ipo startup. The real winners here are the enterprise sales guys. Those people make $300k minimum working 30 hour weeks. The top guy at my company is 30 years old and lives in Utah. He made $2M last year alone
Yes
It's only sustainable for so long. I think the goal is to make as much as you can, as quick as you can, so you can take your foot off the gas at some point and still have a cushion.
Mentor
Don’t totally disagree other than having ~10m at 40 and ~25m at 50 is not “geezer status”. However you raise a good point that nothing in life is guaranteed, it would totally suck to achieve the above and then die of a heart attack etc.
It is a choice that may or may be optimal depending on your preference, and you are absolutely right to question it. There’s no perfect career, just a game of maximizing what has the pros and cons that line up best with your own preference set.
I have heard it isn’t after 4-5 years at most. There’s a career PE guy who lives a few blocks from my home in my neighborhood and he does pretty well I guess with his $12m home and several awesome cars. I have heard his PE firm was pretty big. I would never be able to afford any of that in a big bank role unless I was the CEO of a f500 company and those usually aren’t 40yo people haha
@Mckinsey & Company 1 everything is public and scrutinized