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a Senior Accountant

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Our mid-sized firm is merging next quarter, and the rumour mill is going crazy about compensation changes. I can't help but be a little worried as well. Are salary reductions common during a merger?

3 reactions

8 months

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works at

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a Senior Manager 1

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Not immediately, but if one side makes more than the other, there will be adjustments to converge in the first year or two (almost always on the upside to combat attrition). The number one objective is to not upset any more apple carts than necessary in the short term, and keeping as many people as possible is at the top of the list. Cutting pay would be a massive unforced error.

The things you should worry about: new systems, different leadership structure, productivity requirements.

Source: I do M&A integration at a top 25 firm.

5 reactions

8 months

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a Senior Associate 1

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Honestly, I would be more concerned about layoffs. I would personally think that they are more likely to lay people off that make too much than cut pay. When a firm is acquired, they often do cut down the current staff. Hopefully they won’t.

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8 months

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a Senior Manager 2

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Depends on if they are client serving or support staff..

8 months

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a Tax Manager 1

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I have never heard dof salary reductions. If you are above the new target comp for your level, you may not get raises like you are used to thoguh

8 months

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a Senior Manager 2

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You should also be comparing benefit costs and plan designs of the new firm vs current firm.

8 months

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works at Accenture

▸ Strategy

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Hi fishes

BRILLIO is hiring for multiple positions.
Let me know if anyone needs a referral.
Please DM if anybody need a referral for the below roles.

If you have already been referred by an other person,please refrain from sharing your resume as the system won't allow us to refer again.

Best of luck.

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an Associate

▸ Human Capital & HR Consulting

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Anyone familiar with Steampunk? They are based out of McLean and doing human centered innovation work for gov clients. Any insight into their culture and how they work would be much appreciated!@Steampunk

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works at The Hut Group

▸ Engineering

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What do you think about switching tech stacks vs becoming an expert in one stack? I am a backend Java engineer, and have solely used Java since I've started my software engineering career about 2 years ago. I don't know whether I should explore other tech stacks while I'm young, or instead focus on becoming a Java expert, given that I enjoy working in Java.

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works at Emory University

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Looking for some boutique firms (healthcare/public health sector) that do work relating to social determinants of health, community health centers, population health, community hospitals. Any suggestions?

11 reactions

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an Associate

▸ Assurance

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Hey
If anyone wants referral for PWC AC Dm me :)
(Mostly wfh)

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a Senior Analyst

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I have a LOT of credit card debt. It has just grown over time and I can’t find my way out. I’m considering debt consolidation, specifically a company called National Debt Relief which seems legit but I’m just so hesitant because I’m scared to make my situation worse. Or a personal loan to pay off all the CC debt and then have a smaller all in one payment. I’m intelligent and I work in finance, it’s so embarrassing. HELP.

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works at KPMG

▸ Engineering

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Hi team ,
I resigned and my last working day was last day of month .
The company KPMG was suppose to deduct my joining bonus and other things in final settlement. Last working day was last day of month , which means i got full salary.
What they will do in final settlement? Will they ask me to pay separately? I have resigned and joined another organisation. Any one knows what will happen ?

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a Consultant

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Does your company split data science roles into different practices like data & analytics and software engineering? Does this inhibit collaboration & Where does a data engineer fall?

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a Creative Coordinator

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Graphic Design Intern Needed! Los Angeles agency seeking a GD intern for a paid internship. Please send direct message.

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works at Accenture

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Any one received appraisal yet ? How much we can expect for First two bands.Coforge Coforge ltd

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CrowdStrike Referral?

Anyone willing to consider. Qualified for the job, tech sales top performer, looking to get into cybersecurity. 🙏

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works at Genpact

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Hi All, I've been offered 6L fixed with 15% variable for F&A in Accenture, and my last drawn was 4.10LPA. Could someone pls tell me if I should negotiate for more or is this the slab for level 11?

Please help! Accenture

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a Tech Lead

▸ Engineering

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Hi LTI Fishes, I am new to this variable included pay structure. From my first company to current I am getting fixed pay only. So, I know how to calculate my in-hand salary with that. I can see here 10% is variable pay. I have some questions,

1. How much will be in-hand salary?

2. Is there any hidden component which may deduct from my salary?

3. How variable pay will be paid? monthly or quarterly or annually?

4. How much variable pay we will get by Average?

YOE: 7
STACK: MERN

3 reactions

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a Pharmacist

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Anyone know of any work from home pharmacy jobs?

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works at Tata Consultancy

▸ Digital

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What's the highest pay in SAP for T2 levels?Tata Consultancy SAP Accenture HCL Technologies Wipro

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a Commander

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I brought my guitar to Iraq, it wasn't easy, but I managed to convince my commander to let me take it. I will never forget those days when we played our favorite country songs with my buddies.

3 reactions

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works at Ellicium solutions

▸ Strategy

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Opening for below roles at Impetus technologies inc ... Company with great work culture, pay and learning opportunities... There are other openings also for aws and bigdata roles... DM if interested.

4 reactions

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a Consultant

▸ Strategy

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Hi can you suggest , JP Morgan or TIAA ( both mumbai) which is better? In terms work culture/ work life balance and employee growth.

I will be getting their offers next week. Not sure which to choose. Jp is giving ,21 lpa, yet to negotiate with TIAA. Yoe- 5.9.
Also how much i can expect fix from TIAA?

Please suggest .

2 reactions

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works at Tata Consultancy

▸ Engineering

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Hi guys, I m not notice period. 3 yrs of experience Need referral Email:- ayushiroy1305@gmail.com

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a Manager

▸ Strategy

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Looking for Remote/WFH roles in Analytics domain - Senior Consultant/Team Lead/Asst Manager. Have 3.5 years of exp in Banking analytics domain. 6.5+ years total. Open to other domains as well like Marketing Analytics, Insurance, etc.

Kindly let me know in case of any available opportunities.

2 reactions

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Our mid-sized firm is merging next quarter, and the rumour mill is going crazy about compensation changes. I can't help but be a little worried as well. Are salary reductions common during a merger?

Honestly, I would be more concerned about layoffs. I would personally think that they are more likely to lay people off that make too much than cut pay. When a firm is acquired, they often do cut down the current staff. Hopefully they won’t.

I have never heard dof salary reductions. If you are above the new target comp for your level, you may not get raises like you are used to thoguh

You should also be comparing benefit costs and plan designs of the new firm vs current firm.

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