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Which one would you choose among -
Nagarro, CitiusTech,
Verizon, Ericsson, Cerner,
Impetus, Blue Yonder,
Byjus, Synechron -- for *Frontend* role with 2.9 yoe?
PS: I've received offers only from first 2 companies, don't know which others would send within my LWD its in another 2 weeks only. 🙁
Nagarro Verizon Ericsson CitiusTech Impetus technologies inc Blue Yonder Cerner Corporation Byjus
TCS Whitefield(13kms from my home) and IBM Manyata Tech( 23 kms). Joining date May 1st week. Offered almost same salary. Heard that IBM is calling back to office. Is it worth to join IBM, considering huge traffic near Manyata Tech Park? Can't change home as it's permanent. Please advise. Thanks IBM Tata consultancy sevices
Hello fish what will be the in hand salary..?
What’s the salary of ITRA manager at EY in NYC?
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Happy Friday! 🤣
Any IBM partners out there?
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All directionally correct. The expected draw of a consulting P is about $380k (B level). From that they have to pay their low interest loan (~$50k a year). Ps are technically self employed so they have to pay health care and other benefits out of that too. But they get to claim their car and part of their homes and all kinds of other things as business expenses. Ps for Audit and Tax come in as A level and make much less to start, but also have lower buy in. Each P sets up a monthly paycheck for themselves and then true up quarterly. On bad years, if they've paid themselves too much, they have to give money back. The kicker is the pension: 0.75% per year at partner of the average of your best 5 years' salary. So, assuming they're you're last, making +$1M a year, you could end up with a perpetual ~$200k pension. Consulting MDs come in ~$285k and are regular employees...
Deloitte partner "salary" is more complicated, particularly in those first few years to really say what they take home at the end of the year. Sometimes MDs are better off on the first few years but partners are better off longer term.
Don't read too much into "salary". At that level, the bulk of your income is not coming from your base salary.
Director - salary
Principle/Partner - equity/ownership
Mind you that P/P are normally poor and have to take out a loan from the firm to become a P/P for their initial buy-in of Deloitte shares. Normally is a few years before they make the good money.
L3 = Career Level 3
Deloitte principles and Partners get drawings not salaries as they own the business. Monthly (maybe no monthly) drawings which are trued up four times a year.
MDs from 220 ish up..... L3 twice that. Not that different that D I think.
L3?
My understanding is deloitte MDs start at 250k base minimum but you can definitely be over that as a first year depending upon where you were as an SM.
What about Deloitte partners?
1st year partners take a pay cut or barely stay even at all the true partnerships. More money in distributions but much higher taxes and expenses. Much better at 5 years and pretty good at 10 depending on role.
So they only get paid 4x a year? How does this work exactly
300 in strat to start
Didn't the pension arrangement just change in January? Now lower %, and a lump sum?
I haven't seen this FYs deck yet... I hope not, I'm on deck next year...
Yeah - take a good look. Pre 2017 keep the old deal - new Ps get the revised one...