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How do MBB/T2/big 4 firms compare on non salary benefits ? Key data points I personally find important are:
- Transport support (season tickets etc)
- housing subsidy
- private healthcare/ dentists
- food
- office facilities (gym/shower/sleeping pods)
McKinsey & Company L.E.K. Consulting Oliver Wyman Bain & Company Boston Consulting Group PwC Kearney etc
Hey Fishbowlers! I just received an off from Dell for a Technical Content Developer 2 position. Fully remote, 5% bonus, 10k sign on bonus, $76,500K base pay. I have 3 year of experience in technical writing. BS in Com and MS in Eng Management. Is the offer good for position and my experience?
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Bowl Leader
Bowl Leader
Pro
Thinking about switching to low tar
The Last Dance! Let’s goo 🙌🏼
Rising Star
Wait to see what comes of the EY split. You will likely have potential equity coming your way. Wouldn’t make a decision until you know the actual new comp model.
Mentor
You would
Agreed
Not a partner but I’m heavily involved in recruiting Director level people from other big 4 and am in the pipeline at big 4 myself. My advice to you would be to get a very clear picture of path to partner if you were to go to another firm. Don’t just talk to the partners, talk to the SM / directors there who are in the pipeline. Would they see you as a threat to their partner admission? Have they been given the runaround on how many more years til partner?
If my firm brought someone from EY into my group and office who was 2 years til partner just like I am, I’d have a real issue with it as I’ve already been delayed due to COVID and other things out of my control.
TD 1 - i would add that two directors with similar business case, tge internal director would have an edge because of his/ her internal relationships which an external director would lack. If the internal director does not have the right internal relationships by the time , she/ he is a director then I would argue that person does not have a business case.
EY Partner here. I second P2. We should start getting more info the mid to late fall on this. See the info first, then make the decision.
My personal view - your level is the most likely to get screwed over by the split (brand new partners being the next worst). There’s a reason that the audit firm partners get massive payouts to let it happen, and I personally wouldn’t be banking on stock options if you’re in the consulting practice.
mid tier firms make materially less
year 5 for at least one of the B4
Imagine if you became an MD as part of the ACN IPO at let’s say 35, and you accrued stock from their ESPP/grants from the ground floor since IPO 21 years ago. Sure, you didn’t cash out with the other partners, and excuse my French, but you’d be big fucking PAID right now.
We’re thinking positive here!
Ahh P1... Another bratty leader talking down to his/her underlings. Gotta love the culture of this place
Sorry, I don’t have underlings 🤯. I have colleagues. Are you so unused to being respected and treated like you have a brain and agency that you don’t recognize when someone is treating you this way? I assume a SM two years out from possibly becoming a partner knows how to take accountability for their career.
EY1 you sound like you need a vacation or some healthy perspective on work.
Why do you want to be a partner? The only thing that matters are the partners in your practice who will sponsor and enable your promotion. If you don’t feel confident about your position, and looking for advice here from people who don’t know you and can’t actually help you get to clarity at EY, my takeaway is that you want to leave and try your luck elsewhere.
Coach
A promise to become partner and actually making partner are two different things . The added complexity for you is the upcoming split for your firm with a lot of unknowns .
If short term cash optimization is what's important for you personally - jump now . But remember that there will be a line at newco ahead of you . It maybe 2+ years - maybe longer - for you to have a short at PPMD.
If long term career optimization is more important - I would suggest waiting to get information on your new model at EY . If consulting spins off - the first thing they do is to retain good talent and there is a high chance that you will get a good deal out of it including accelerated promotion