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Conversation Starter
Hi guys,
Could you please tell me which company to join? Considering wlb and learning opportunities as I'm still a fresher. I have recieved offers from tech Mahindra, Deloitte, Brillio,temenos and accolite. Which is better to join for 1.5 years of experience, considering new learning opportunities and wlb. Accolite is paying 100% more than Deloitte.
Accolite Digital Deloitte USI Brillio Temenos AG Deloitte
PS:please state the reasons for the same thanks.
Can anyone brief the exit policy at pwc
Hi how flexible is persistent with respect to location.. my wife got recruited into persistent via campus recruitment at bschool and location is Bangalore. But now I have a good opportunity for hyd and so hoping persistent would be okay in she joining hyderabad location too.. HR did not respond yet but want to check..Persistent Systems Limited
Found this, thoughts?
Additional Posts in Compensation in Consulting
If you’re on a date 2. If you’re being honest 1.
Mentor
I'm mostly joking. We're a single income family and she knows exactly how much I make.
But we got married young and started at rock bottom (no college degree, slowly built up to $60k at 30yo with four kids, before deciding we wanted more money and I did an online degree, then weekend T20 MBA then T2 consulting by 34yo).
I now make way more than either of our parents and we have to pinch ourselves on occasion. I like to occasionally talk about the progress we've made in five years. Lately, my RSUs have been appreciating quickly, so I like to throw out the occasional, "Can you believe we're making $X THOUSAND DOLLARS this year!?"
It's fun for me and she indulges me. My two older kids remember when things were much tighter and they think we're rich now.
Mentor
1
Option 1. Annual TC is base bonus and equity for the year.
For an offer it’s the RSUs vested for year 1 at current price. For future total comp is whatever the RSUs sold for that year.
Thanks guys.
Subject Expert
Kinda dependent on your tenure and annual equity awards.
At some firms and/or at senior levels, annual equity grants are often given that rival sign on awards. So if you stay at a firm for 3 or 4 years depending on vesting schedule, you effectively realize your total annual equity award each year.
My SO gets an annual grant of $250k RSUs that vest over 3 years. Given my SO has been there for 10 years, at least $250k is realized each year in vested awards (currently closer to $400k given share price appreciation).
SP1: Thanks for the clarification. This is a ton of money esp as you move up in the org. Should have left consulting earlier but it’s never too late 👍
Definitely #1
1
Depends on how equity is granted at your company. If you get a new issue of RSUs every year, it makes sense to include the full value, option 2. If the firm typically only makes new grants around the time a prior grant finishes vesting, then option 1 makes more sense
Subject Expert
Yep it’s a ton of money. This is how there are many more people in industry make 7 figures+. Don’t worry, many consulting MDs don’t even get this.