On Advisory partnership at Deloitte.... do you get offered partner (equity) or MD (salary partner) after SM? how long does it make sense to be a partner to get vested? Is there an age for forced retirement? Once you retire is the pay out for life or limited based on your contribution?

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

From discussions
-You are immediately vested, you buy in to the partnership with a loan (generally)
-forced retirement at 62
-retirement is a little more complex. It’s a combination of the number of units you acquired, the amount you contributed to the pension over the years (measured in years), as well as a guaranteed up front portion

likesmart

It does because the unit values fluctuate. So they get a lump sum for each unit at the new deflated price

Also very curious about this. Have a very unique skill set being wasted at PwC and staring up conversation with contacts at DT.

like

What skill set D1?

How much is the buy in usually? Is Deloitte doing direct admits still?

The buy in varies. It is dependent on how many units (similar to shares) you are given and how much those units are valued at the time. I’m not a PPMD, just had an in depth convo with one who is.

Following as well.. want to move to D but scared will get held back to P path.

Related Posts

Hi Sharks,

Is it okay to share offer letter for renegotiation? I have already shared the CTC break up but the HR is asking for offer letter.
How can I politely decline or if I share offer letter will there be any issue?

like

What is a good hourly amount to ask for as a PRN social worker/therapist in the DC area?

like

Assuming that I'm okay with a salary of 70K and more, and that I really don't want to work at a law firm. Is it going to be difficult for me to return to law with two years of experience and one year working in a legal adjacent role.

like

Hi fishes may you please confirm the below:

In the offer letter the "Provident Fund" And "gratuity" Is mentioned. In the salary calculation in hand, we will not consider these amounts right? As these components are received when someone retires..right? .. Please confirm.

Thanks in advance

like

What’s an average S2 salary in FDD for high COL’s like NYC, SF, LAX and Chicago?

like

Hi folks, I have an offer from Persistent for Java developer and they're offering me 7.5 LPA for Senior Software Engineer role.. Is this the right scale in Persistent ?
My experience is 3 years

like

Hi guys ,I had received call from Accenture hr regarding clearing of technical interview and she also completed hr interview.
She said regarding upload of documents I will receive a call for that but it has been one week and I haven't received anything and what is talent coach who discusses salary discussion round with you? Can anyone explain

like

Was there any market correction that Accenture did for Strategy & Consulting employees recently? If yes how much was that?

like

Hello, what should be the average CTC for a Campus Recruitment Manager with 10+ years of relevant experience. Tier 2 city. Tier 1 IT Company. Pls help.

like

Anyone worked in Econ consulting before (eg., Cornerstone Research, Analysis Group, etc.)? Or pick Econ consulting over MBB? Would love to learn about the pay vs MBB and long term career path/exit opportunities. Thanks!

like

Hello everyone. I work at a Crisis Diversion Facility in Seattle as a Behavioral Health Case Manager. I make $57,000 a year. I am also a Housing Case Manager at a small for profit company based in Eastern Washington but I am a Seattle Case Manager I make $23/hr. I also work as a RBT/CBT part time in Greater Seattle making $22/hr. I really want to move to Chicago. Can anyone share their salary? All the jobs I look at in my fields are pretty low, and I understand cost of living is lower but still

like

Is it worth it maxing out my 401k (no employer match, just profit percentage after a certain period) and Roth if I want to retire by the time I'm 40? What other tips would you be giving someone who wants to retire that early? I'm in my mid 20s and just started investing and spend less than 50% of my big law salary.

like

How are agencies in Germany doing right now? Any layoffs or pay cuts?

like

What is the potential contract rate or full time salary for a python full stack developer in Toronto ?

like
like

Can Accenture provide an offer of 16 LPA fixed for 4.2 years of experience? I have an offer of 13.5 fixed right now. I might get another offer of 16 LPA from a different company but I am keen on joining Accenture. Accenture Wipro Tata Consultancy Capgemini

like

Any Tech Sales leaders have insights on how much I can expect to earn as a sales leader (director / VP) at Scale AI?

like

Hi Sharks,

What will be inhand salary per month according to this breakup.
Also please suggest some tax saving measures. Didn't had taxable income until now.

Thanks

Post Photo
like

More Posts

Hey all! Any openings in your company for copywriting/copy strategist role?

like

Someone willing to refer a Strategic Consultant, focusing on Financial Services, with almost 2 years' work experience? I'm 24 years old and the youngest student in my MBA's history.
I would like to work in a tech/Crypto company or in the investment field, ideally Venture Capital/ Private Equity. I am currently based in Italy but my brother is moving to Singapore for his wife and I would like to live close to him and build a future there. Help would be appreciated, thank you

smart
like

G shock you good???

Post Photo
funnylike

Worked a few years at a small company and wondering what it actually takes to make the big jump to MBB. Anyone willing to connect and share insights?

like

McKinsey & Company I am joining the McKinsey & Company Boston office in late July and searching for housing in the meantime. If I could get some insight on the ratio of days in the office vs work from home that would be super helpful!

If I need to come into the office regularly I will try to find a place close by.

like

Finally picked these up after a year in storage

Post Photo
like

Here’s my current top shelf collection. What do I need to get next? (I’m thinking Henry McKenna, EC SB/TB, Willet, EHT SB/BP)

Post Photo
like

Woke up to this birthday present. Our twins were just born so I didn’t think I’d be able to go but my wife surprised me! Second year going. Last year was amazing so cheers to this year and happy birthday to me!

Post Photo
like

Hi guys, our company is going to be on halt so I must have to search somewhere else.
I have total 2.2 years of experience in QA.
I need your reference and support.
Thank you

As a follow up, which platform offers best courses for learning Blockchain coding ---Udemy, Udacity, Stackskills, Coursera or others ?

like

Hi, I had two job offers for AP Accountant / Senior Specialist post offering 85k - 87k. Could you please advise if this is a good package? My current employer is offering a much lower amount. Thanks!

like

How does diplomatic immunity cover running someone over while driving the wrong way down the street?

like

Anyone gone through Amazon AWS’ military apprenticeship?

like

Does anyone have insight on Boston Consulting Group’s Knowledge Team within Healthcare? Like hours, pay, and what that team actually does?

like

Folks,

Just curious if any1 here has opted for BH number plate for their vehicles, whilst being an HSBC group employee (HDPI, HTI, India or any other entity). Are GSC employees eligible for BH number plate? If yes, what was the process like?

like

How to tackle gap periods in IT interviews?

like

Looking for experienced Data Scientists and ML Engineers to grow my team. I’m head of Machine Learning and Data Science at one of the largest Fintechs. Shoot me a message if you’re interested. (ex consulting manager) Thanks!

like

Quick temperature check: litigators, are you all underwater this month? This has been my busiest end of year season in actual years. I am getting slammed with expedited court deadlines from judges every, single, day. Clerks, what’s going on?! Send help.

like

Additional Posts in Partner One

Hello! Generally speaking at B4, other than age-related restrictions (being ~50+), what are the factors that typically drive Partner / MD candidates to choose the MD path over the Partner path?

like

Any good book recommendations that helped give you the confidence and tactics required for a transition to leadership role? Newly promoted SM looking for inspirational reads.

like

I've always wondered this ... How do PPMD's find new opportunities.. like is it mostly through networking / grapevine.. or something more structured?

like

How is partnership pay determined across service lines? Do partners in consulting get more units than let’s say audit ?

like

Does Big4 have AMS (Application Management Service) seevice lines. Does Partner comp / targets differ for AMS vs rest of the service lines?

like

For partners with kids ~13 and up. How many sporting/music events do you find yourself missing? I’m making it work with weekend stuff, but I know as they get older more happens during the week.

like
likehelpful

IBM New partners - Both new joiner Partners(within last 2 years) as well as promoted in the last 2 years. Can you share your signings ,base/yr and RSU’s. If recently promoted from within , how has the % increase?

likefunny

How is a Partner’s sales bonus at your firm calculated? Also, what if multiple Partners have connections at the same client when a sale is made? How is the bonus fairly distributed?

like

I do things (late nights/weekends) that I don't think my managers/partner knows about since everything is running well - directly correlated with elected hours spent. Is it weird to bring this up?

like

If I accept the promotion to Partner/Principal what's the least number of years I could work without it being a financial mistake. I have an opportunity to do something completely unrelated that's my passion, but I feel like that's the wrong decision when I'm this close.

The other opportunity should still be there for 2-3 years

like

This bowl has been quiet and I see partners commenting on odd posts around fishbowl so I figure you need more fodder: partners, did any of you have parents that travelled as much as you do?

like

Tips to build my brand and network as a junior practitioner navigates their career to the next level at the firm?

like

Accenture MDs - if you participate in VEIP, what is your % invest going into CY19? I really want to do the full 30% but as a new MD, but curious to hear others thought process / logic.

like

@Partners - how much money do you need to invest I to the firm to get your partner share?

likefunny

PwC is getting a lot of hate out there :(

PwC Anyone went through a direct admit Partner process? I am being approached and have some questions (process, timeline, interviews experience, compensation etc.) Thank you!

like

Has anyone used Gideon Strategic Partner for investing? What was your experience?

like

Partners, when do you think informal communication regarding new PPMDs will start trickling in?

like

Do partners know each other’s compensation? I see partners selling engagements for vastly different numbers b/w shorter ‘interesting’ strategy work and longer ‘boring’ transformations. Thoughts?

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

Scan your QR code to download
Fishbowl app on your mobile

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