KPMG announce that new super contribution requirements are likely to be absorbed by your salary.
E.g total $100k package now is $90.5k + $9.5k super and new package will be $90k + $10k super. Any other firms made a stance on this? This seems pretty fucked that they’d do that and not just pay us .5% more

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

Honestly didn't think the business would give up any more of their hard earned profits did you?

like

Silly me

like

Deloitte under Deutsch would likely pull the same stunt then wonder why they can't retain talent.

I get your point, but the maths isn't quite right.
Current super is 9.5% of salary, not 9.5% of total package.
So currently, if you are on 100k package, that's 91.3k salary + 8.7k super. After the super increase it becomes 90.9k salary + 9.1k super.

I got the numbers directly off pay calculator which the ATO run. But regardless, taking away money in hand in already underpaid industry is crazy

Is that even legal?

What makes it a joke?

Related Posts

I am curious what the typical pay structure is for other implementation/integration specialists in the SaaS industry. If that’s you can you let me know what your structure is? Salary? Salary + bonuses or commission? Anything helps!

likehelpful

How much can I expect from Accenture Consulting for a Sr Analyst Data Engineering role?
Yoe - 3
Current CTC - 15L

like

Can anyone share work culture and flexibility in olam Chennai. Also what is salary range and incentives for associate director in olam.

like
like

Hi VMware Folks ,
Any idea how safe is it to join SRE role in Vmware Comamnd center particularily given the broadcomm scenario. ALSO how much should i expect as SRE with 4.2 YOE from Vmware .

Any help is deeply appreciated

like

How much package I can expect from coupa software for senior software engineer role with 9.5 yoe?

likehelpfulsmart

Hello fishes,

I have 6 and half YOE in front end development. (angular and hybrid applications). I joined my current organization ( product based) in Feb for 24LPA. The work here is too stressful and there is absolutely zero WLB. So I decided to start looking out again. However I am not getting good interview calls. Are most companies not hiring now ? Or could it because my CTC is too high ?

like

I am trying to write and request for increased compensation. I'm hoping someone can help me with research.

Back story: I was hired as a photo editor but because of staffing changes (three other ppl left over the course of two weeks) my role has expanded exponentially. I am trying to define role and ask for a competitive salary that matches the new responsibilities.

Anyone here work as a Photo Producer who can tell me more about their job?

likesmart

Urgent!!
I currently have a offer letter- 15.5 CTC (fixed)( profile- security Researcher)
Cleared all interviews of another company and they are asking “expected ctc” . How much should I ask??( profile- threat researcher)
Current ctc - 8.5 lpa ( profile- risk & compliance)
Basically I am changing my profile.

like

2.5 years consulting, 2.5 years PE Opps.

Where should I come in at if I wanted to come back to consulting and was targeting Strategy&?

Assuming senior associate. Comp would be 165 base + 20% bonus?

like
likefunny

Could someone please tell me the In hand salary (after tax deductions) for the below salary break up ?

Post Photo
like
like

Looking into Brand Manager and Sr Brand Manager roles at Newell Brands. What is fair compensation for these roles?

like

Audit in charge 1 (senior) salary at Deloitte?
Go!

like

Hi Folks, I am working in infy and planning to drop paper this week. As I don't have offer in hand but 90 days NP impacting to get new job. Also my compansation is not good as per exp. So that is the first reason and no new tech learning and project change happening with me. Also in last cycle they didn't give good rating bcoz i was asking for new project ..??
So is sept is good time to drop paper at infy.... Should I dropped or wait ??
Can you guys suggest

like

Hi All,
I have heard that taxation in Infosys is very weird and in hand salary is very less compare to others. Is there any issue with its salary structure.. please help me on this

like

I’ve worked for an agent for 4 years now I run almost all of the day to day tasks, sell and handle customer service while he takes at least a quarter if not half of the year off vacationing. I only make 52k am I drastically under paid? That includes sales and what he pays me for salary.

like

Hello, I'm working with Deloitte and recently got an offer from EY GDS TTT.

YOE: 5.2
Tech: .Net & Angular Full stack developer
CCTC: 13.35 Fixed
EY offer: 19 fixed
Role: Advanced Analyst (Rank 44)

I'm not satisfied with the role as I was expecting a senior role. I mailed HR about the same but it's been 10 days and still no reply.

So, can I get promoted the coming year as I will ge 6 YOE by June?? Any suggestions would really help. Thanks 😊

likefunny

More Posts

Sick of people in New York just looking for the “next best thing” when it comes to dating. If you have a connection with someone just pursue it!!!

likesmart

Hi Folks, could anyone tell me what is the leave policy in TCS and do they give any welcome kit for new joinees?

Is anyone working with or prospecting the transgender community? Any success?

like

Sometimes when my spouse snores i’l flick them real hard and they will wake up panicked and I’ll say “ are you okay? It was just a dream a bad dream...shhh just sleep” and then they will calm down and fall back asleep with less of a snore 🥴

funnylike

Salam everyone, I'm doing a research paper on halal mortgage providers in the US and was curious what the overall experience was like for those that pursued this mortgage route? (Mainly Guidance Residential, UIF, Devon Bank, Lariba and Ijara CDC)

Areas I'm interested to get feedback on are listed in the comment section!

like

Coinbase added support for Litecoin. Just FYI

like

Leave PwC/Guidehouse?

Hi All - I’m currently a 2nd year associate and have been told it’ll take me another two years to make senior. (Already have 1.5h at GT). I’ve been offered, (cont’d)

like

How many days does it take to receive the offer letter?
Last Thursday HR confirmed my selection.

like

What are some of the better luxury apartment buildings in Boston?

likeuplifting

Hey. Need 11 likes for DMs. Thanks in advance!

like

Any one at Just like Heaven?

Is anyone here familiar with RSUs and stock options as part of divorce? My arbitrator was not and she asked us to hire an expert to get a valuation. She’s convinced I cannot take my portion in kind if we could not settle on the value and I don’t want to be forced to sell my half to Husband at whatever valuation expert provides today (RSUs and stock options are under Husband’s name). If they low ball I rather take the risk and take them in kind. Any advice would be helpful.

like

Hi fishes, I have manager round scheduled with Cognizant . What type of questions I can expect. Please share if someone has recent experience.it will be really helpful. Also how much cognizant can offer for 6+ year expirenced java resource.? #cognizant

like
like

Thoughts on mixing protein powder with milk?

Need referal for Front End Developer
Experience - 5 Years

like

Partners:

Was/is it worth it?

Thx.

like

Co-living PGs in Whitefield area? I’m moving to Blr for 2 months with my wife.
Else if anyone can suggest something better

like

Why does GNC provide their products at Walmart cheaper than in their own store? I sold a product to a guy who comes in later to return it because it was $15 cheaper at Walmart. Customers don’t go to corporate GNC when this happens, they go to the retail associates working the counter. I feel that this damages my reputation as a salesman when it’s really not my fault.

like

Additional Posts in Australia and NZ Consultants

Who are the reputable strategy/mgmt consulting boutiques in Aus? I know intl firms like Altman Solon and OC&C have acquired Aussie boutiques recently - are there many others like those left?

like

Australian fishies at Deloitte - when do we find out if we got promoted?

like

Considering a move from London to Sydney/Melbourne (FSO, 10 YOE).

Apparently the average manager pay is around AUD 120k. Is this accurate?

like

How many months do you think the border will be closed 🤔

Best firm to join in Canberra doing people strategy work (don’t judge me!)?

likefunny

DTT fish, can anyone point me to any info on talent ratings? Just moved firms and finding the talent review process hard to understand - are there clear ratings given to each staff member and how are they communicated post talent review? Much appreciated.

like

Is there a file/list of average compensation by grade and firm for Australian consultants?

likehelpful

Anyone keen for an Australian salary benchmarking exercise? We could set up a shared spreadsheet and let people enter their firm, level, time at level, etc. Would be keen to build our own collective dataset given we don't get to see the vencon (spelling?) salary benchmarking data for ourselves.

If this already exists, please let me know

like

I’m moving to Sydney from the US and looking for a decent area to live. Any recommendations for a single male, 25?

like

Anyone willing to provide a referral for a PwC consulting role in Australia? I’m currently in the US and looking to move for new opportunities.

like

What is the pay range for senior consultants in Management Consulting service line (Technology) at KPMG?

like

Given the so-called great resignation that's been going for a while, do you see trends in the firms that people end up at after leaving yours?

like

I hope this bowl will be more active this year 🥳

like

Looking at applying for an associate director role for PWC in their infra advisory team. What's the pay range there I should be anticipating (in reference to the AFR table)? Between Senior Manager and Director? 10 years exp.

like

Which is the best firm for Capital/Major Projects, Construction, Digital Engineering within Strategy/Consulting? Previous Structural Engineer for Tier 1 Engineering Consultancy, Advisory for Big 4 and now Strategy/Consulting for ACN. Trying to find best fit to leverage skills, knowledge and interests.

like

Could Richard Deutsch come across as more tone deaf if he tried? Asking for 700 friends.

like

What isit like to live in auckland NZ, what salary range would give you good access to a decent standard of living if you have no family

likesmart

Anyone here work Partners In Performance? Wanting to understand if manager at a big 4 in consulting is the same as senior associate at PiP. And what the culture is like at PiP

helpful

How do people deal with time on the bench or if you have little to no project work in the office to fill up the day?

like

Where should I live in Sydney?
Moving to Sydney next month and will be working in CBD - in which areas should I look for apartments? We need something young and vibrant, not too far from water, walking distance to CBD and where you can get 3 decent rooms for sub 700 aud/wk.
Is Pyrmont really as bad as the bloggers online seem to think? Is it really that difficult to get to the beach and CBD from Surry Hills? All input appreciated!

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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