Just got offered 60% to lateral transfer into a BB banks Innovation Strategy group. Would be insane not to accept right? Better wlb, benefits... Probably won't be VP for 2 years though.

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Posting as :
works at
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Congrats! What’s your background?

More of a data analytics/automation bg with everything from more upfront strategy to actual hands on implementation.

For others who have been in this situation, is it common to feel guilty about it? I am looped into multiple projects as a critical role and I am on track for an exceeds.

You need to put yourself first. You are always replaceable.

Do it

Is this a bank or asset manager?

Let me know if they are hiring for other roles.

60% of current salary?

Raise so 1.6x to be precise

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Oh, for 60% of your current salary?

No. Most non-IB roles I've seen at BBs come with around a ~40% increase in base from associate to VP plus whatever variable bonus range they have. That sounds like your base would still be less than what you'd have in 2 years if you stayed consulting. Discounting bonuses, at best you'd likely not make any real forward progress in comp till probably 3-4 years in at the earliest.

Is better WLB and benefits worth that kind of comp speed bump to you?

Hahah OP haha that’s pretty funny observation

Sounds like a WF deal to me!

For a 60% raise? Or 60% of current, so 40% cut?

If the former, go for it. No brainer.

If the latter- that’s a big pay cut. Consider how unhappy you really are.

Question for the group, incentive comp was verbally communicated but not in offer. Is that pretty standard? At my consulting firm I was basically given a % range.

For banks it’s completely variable and discretionary. If there’s a coronavirus downturn you won’t get shit.

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Hi
I got an offer of 7,42,000 as CTC

Base - 3,50,000
Allowances - 3,50,000
Basic salary - 7,00,000
Employer PF - 42,000

Kindly help me to calculate in-hand salary per month
Thanks in advance!!

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What are some good exit opportunities to the private sector for someone in tax? Looking for increased pay and WLB. Currently at senior level

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Crazy to think about but I gave myself a $52,000 raise in less than a year (24M)

Started January 2022 out at $68,000/year, quit that job
Started a new job in April 2022 at $90,000/year, quitting soon
Accepted a new job for December 2022 at $120,000/year

Keep growing and betting on yourself, it will pay off. Make the right connections and people will see your value.

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Analytics 💵 transparency thread!


Format:
Title level (standardized title/job level)
Economic area (Bay Area, Midwest, etc)
Salary + bonus + liquid equity
Anything else you think would help

likesmarthelpful

What is IT consultant/ software engineer salary in London ?

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Hi everyone,

I have 3 years of manual, and 1 year automation testing experience. I was interviewed for Value Labs for the uk client (3pm-1pm shift)

CCTC:7.8, immediate joiner.
How much should I ask for a hike?
(any other joining bonus, shift allowance?)

If anyone has an idea pls share.

Hi All,

Please help me with free study materials or links for completing SAP Analytics Cloud Certification.

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Higher base salary or sign on bonus? Which would you prefer and why?

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Hey fishes any one received salary credit msg? Today

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Any Operations Manager for a Amazon warehouse in New Jersey ? How much do you guys get paid monthly/yearly. Before & after taxes? The Company screwed me on my salary and told me not to negotiate the price with them. Out of ignorance I didn’t negotiate. But now I fear what I make isn’t enough to sustain me. I’m looking forward a Promotion to L5 then L6. For the L5 Area managers how much do you guys get paid yearly salary/ monthly after and before taxes not including bonuses.

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What is everyone’s degree, YOE, field working in, salary, location, and any advice if applicable!

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I'm looking to apply for a Principal , Prod Svs. App Support position in Chennai.

Does anyone what the typical salary range is for this designation?

YoE: 13
CCTC: 21.3L

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Looking to make a pivot into Product Management and I’m interested in earning a certification or enroll into a boot camp of some sort to have some foundational and targeted knowledge.

Does anyone have any recommendations? I am looking for something remote but a synchronous learning environment. Currently, Kellogg’s 6 month program and General Assembly’s course have caught my eye.

Thanks in advance!

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How was everyone’s FY19 bonus? FY20 outlook?

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Can a buy side research analyst get fired for underperformance? Are there p&l metrics that make it volatile career choice, similar to PMs?

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What is the fixed-variable split in TCS for a Consultant role? Is 35L a good enough salary for that role?

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Podcast or book recommendations for my 10+ hour wait in the ER?

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My late grandmother’s house was willed that it be sold and 1/2 would go to my dad and 1/2 split between my aunts. My aunt is executrix. House was sold in 2019 and my aunt claims proceeds haven’t been divided because she is still paying taxes from the sale. Is she lying and trying to wait as long as she can to pay out the funds? What’s her long game? Anything we can do?

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Hello everyone.

This is a thank you post.

This platform has helped me in a way to get more than a 100% hike.

I am working as a Data Scientist with 5.6 yrs of experience in DS/ML.

My current CTC was 12.6 LPA and after switch, I got 32.2 LPA (30 fixed).

So I would like to thank everyone who posts comments and share their experiences. This helps a lot to understand the current market scenario and whether they are underpaid or not.

PS: Attaching my CTC

Post Photo
likeupliftinghelpfulsmart

Any account ppl here make the move to pharma? What’s the process like? Where did you go and what title did you start with ?

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Favorite December vacation spots in North America?

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Hi fishes,
I am having 2.7 year's of experience and CTC is 7.83lac but working as a contractor since I joined and now I have got 2 offers one is from microchip with 10lac fixed as a contractor they assured me they will make me FT after 6 months, and another one is Barracuda with 13 lac fixed as FT but this is a small team , and I liked the technology that am going to work , is it normal to get 13 lac CTC for that experience?
Tech : firmware validation and automation, QA
PLEASE HELP

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Hi team,
Refer me to any company for QA automation engineer just 25 days left .. it will be helpful

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Question regarding tax saving -
I had bought medical insurance for my my parents and I on 17 Feb 2022 with 38K premium. Can I add this deduction in FY22-23 tax declaration.
PS - I have to show proof of payment by Jan 2023 and the next premium won't be paid before Feb. So how do I use this insurance for tax savings?

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I'm looking for an HR Director role.
I'm currently a Senior HR Manager (because the Ops Director didn't want another Director In the payroll) overseeing 4 facilities & 3 companies. I have 1 HR Manager, 3 HR Generalists, 1 Recruiter, 2 EHS Coord, and 3 EHS Leads reporting to me.
I have over 15 years in HR, an MBA, PHR & SHRM-CP certifications & experience in healthcare, retail, logistics, & manufacturing.
I'm in Texas and willing to relocate to San Antonio, College Station & Houston.
Thank you.

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I’ll be putting in my two weeks notice to join a competitor. Is there a polite way to deflect or refuse to say when I’m asked where I’m going? I don’t want to say which B4 I’m joining - would rather folks find out when I update my LinkedIn profile. Hint* it’s not PwC 😀

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Anyone familiar with PE firms focused on physician practices and/or hospital buy out/M&A? 8 YOE in provider consulting. TIA!

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Product Design Engineer, interviewing at Apple (Cupertino) and at Meta (Seattle/Redmond). Not at the offer stage yet, but I'm contemplating where I would relocate with family.
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2. Public School quality. Unsure private will be affordable.
3. Weather/region: activities

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I am not a fan of that halftime show. Really... ass slapping? So tired of over sexualized crap.

likefunnyuplifting

Hi there, does anyone know the real difference between PWC "Acceleration Center" management consulting program vs the actual management consulting program? Are they a lot different?

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Additional Posts in Consulting Exit Opportunities

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likesmart

Fello fish - want your perspective
Offer 1: Director, Corporate Strategy f100 med device mnfg; Offer 2: Associate Principal ZS; offer 3: Director, Data Governance F100 pharma

Ugh, just got rejected from a senior level big tech opportunity. 4 month hiring process, multiple rescheduled interview days and no-shows, 10+ interviews in the end, multiple take home assessments, and took 2 days off work for the final round of interviews. Very frustrating and feel like they wasted my time in the end. Just a shambolic interview process in which I felt like a placeholder till they found who they really wanted.

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Does FAANG sponsor US work visas at this time? It likely depends on department, but curious if anyone was recently hired and sponsored.

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Got my exit offer just in time for the new year 🥳🍾

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PwC Advisory or EY FSO for M level role?

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As someone with about 4 years of Data and analytics experience but not a lot of python experience, what sort of exits would you suggest? Trying to work on my resume but cannot think of where I would fit. I am technical but not extremely technical where I can crack FAANG. How do you decide what roles work best for you? We go from a project to project where we like some more than the others, but can’t pin point to what the next job should be. Anyone else in the same boat / can provide any insight?

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$210/hr on 1099 in NE? 12 YOE... Take or stay?

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