{ "media_type": "text", "post_content": "New Deloitte Rating system. Not sure how they're going to compensate. Number 4 in Senior class out of 170. Higher or lower compensation than the old 1-5 ratings?", "post_id": "576c698a7a65b2130047ce63", "reply_count": 12, "vote_count": 4, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting", "feed_type": "crowd" }
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New Deloitte Rating system. Not sure how they're going to compensate. Number 4 in Senior class out of 170. Higher or lower compensation than the old 1-5 ratings?

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"Trust me, I'm pretty humble" is such a hilarious response to being accused of humble bragging

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#humblebrag. Congrats though

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Nobody knows....its provocative. It gets people going

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Haha worked from home last 2 months. Trust me, I'm pretty humble haha. Thanks though

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So it's not that cut and dried unfortunately. Every professional has their weighted average score calculated according to two dimensions which are based on the 2 performance questions in the snapshot evals (e.g. Would you always want this person in your team? Would you assign highest raise and bonus if it were your money?). That score is then plotted against a cohort of your peers to determine if you're high, medium or low. That is then combined with metric position (utilization, sales, etc.) and intangibles communicated by your counselor, compliance, etc. the partners then look at all that and arbitrarily decide how much of a raise they want to give you. So....same as it ever was, just so much less transparent.

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That's only 2 questions bro. Your true rank is determined at round table. So you may or may not be 4 of 170.

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D1. I agree with you, but aren't raises determined by rating 1, 2, 3, etc not by let's say give John Doe 15% for his 1 rating and Jane Doe 12% for her 1 rating ?

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I fuckin hate this new rating system. They eliminated this ranking class system from high schools, colleges, and from Silicon Valley because it doesn't increase performance. Why the fuck would Deloitte do it?

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How does new system work?

Interesting. So every senior gets a ranking, like class rank in high school? Seems tough. Our partners have a hard enough time fitting everyone into the 5 tiers

To make transparency even worse, there's apparently still an internal rating 1-5 that won't be communicated to us and that's where the raises will be determined...or so the rumor has it....

D2, no. No more ranks and even when there were ranks they could vary the raise amounts within each rank. Bonuses were basically handed out based on the MO leader's favorites.

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