KPMGers, is it typical to get hosed on raises and VC during your first year with the firm (even with great utilization and reviews/experienced hire)?

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No, it's not typical. Also not typical for AU to be cancelled. At least we haven't had to start laying people off, thankfully

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Agree with K2. If you were near the top of your level's range coming in, probably a small increase/VC now. Also generally less VC for first year/mid year experienced hires.

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And to be clear it wasn't even a bad year. We grew 10%. We just didn't make an overly aggressive plan which screwed up our payouts and hiring. Hopefully a whole bunch of people riding the bench bc they suck were counseled out because of it. Also if your a mid year off cycle hire you will get much less since you did t help bring in the money. Everyone needs to relax a bit with the freaking out. At this point I just tell people if you're unhappy leave, more left for the rest of us.

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It depends on what you made when you came in . If you made the top tier of an associate and became a senior you may only receive a small VC bc of amount you already have. Also it depends on how your group did. If You were in FM they didn't have much money to give out

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I was promoted and still got hosed. Experienced hire only 1 year at firm with great feedback

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Yeah this year was unique in VC as some groups 80% of them got VC and other groups only got 40-50% VC. all depended on how much your group was utilized/selling/etc.

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Which groups get most VC/best raises?
Sounds like if you start with a high salary others just catch up to you then and the initial higher salary was just to entice you to switch over rather than consistently earn better pay

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Deal advisory

@Kpmg3 For associate/senior level by how much?

This was the first bad year for firm in line 5 years

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Please guide me with the following -
What is the traveling expectation, how are the hours, do we need to work on weekends?
How much salary and designation I can expect.
Current Ctc 30L, Infosys consulting, senior consultant. Expecting 10% hike in August/September.
Thanks in advance.

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Is the salary structure different for people working in "Infosys consulting" and regular Infosys.

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