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Hi fishes
My friend worked in Bosch, lwd 16th Aug
Tech: Java fullstack
Yoe: 7 years
CCTC: 20(18 fixed)
Holding offer: 27 fixed from a small company, need to join on 24th August.
Cleared 4 technical rounds. Submitted payslips and other documents yesterday. Will JP Morgan release offer before 24th August?
How much to ask in JP Morgan HR round?JPMorgan Chase
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Deloitte:
About $200K base pay plus approximately 1000 stock units @ $400 per unit. Pay varies from about $500K to $2.5M across levels - A through E.
Stay in Consulting kids. It won’t make you the next Bezos or Musk, but it helps a middle class person give their family a pretty great life.
Draw once a month. Portion of your target set aside and paid based on firm performance at the end of the year. So Target minus set-aside/12 paid monthly.
At PwC: entry (first few years) 600-1.25m, mid level 1.25-3m, Senior 3-10m+ (very few would be at the top end) - also this is UK firm translated to USD no idea about the US firm... Also don’t forget the pension... pretty lucrative
Thank you again for your response PWC2.
The health insurance savings is huge. Well done.
Not sure what SS/EI refer to, but the state taxes are an annoyance to be added as well.
Still don’t get how you can pay out so generous a lifetime pension (which, by the way I cannot define, but seem to recall reading north of $500k/year) and not have it take a bigger bite from your monthly draw. It’s a huge firm with a huge number of retired partners to pay out, as well as paying a lot to the current partners which I’m guessing is in the 4000-head range in the US at least.
Is the pension the only post-retirement savings vehicle?
In any case, good deal.
Here’s the answer: 400K-10M.
Please make the consulting firm list MECE. I'd expect more from a senior manager, thx.
No lol of course they don’t
I don't understand why someone would ask a question like this? First off, there are so many ifs to the compensation structure in Big4 and same exists in MBB. Clearly there is a lack of understanding on such. Maybe qualify the question - if you can't, then don't ask
Damn 😎
Mentor
OP - First year partner comp is in the range of $600K-$650K at PwC. There are some additional bonus comp opportunities if we sell our products. This number doubles once you hit 5 year mark.
Mentor
S&2 - S& Partners comp is no different from Advisory Partners but they get to Partnership faster than Advisory staff, hence they end up making more for the same YOE but first year partner in both Advisory and S& have the same comp structure. By the time they get to late 40s and early 50s, they have a better chance of landing in leadership roles (more pay) than others . In my vertical, many of the sub sector leaders (most of them are from S&) are in their mid-40s while a lot of Advisory partners are still “new partners” (who is on the 5 year new partner grid) at that age.
PDAMBB
That’s the book for me!! 🎵
Hot topic that seems to have riled many.... Happy Valentines Day folks. Show some love ❤️
Entry level at my firm (not on your list, sorry) ranges from ~500 to ~1m
Which firm is it that you work for
KPMG - Entry Level 300-500K all in (not strategy)
BCG - Entry Level ~1M all in roughly speaking. Significant change over the next 10 years.
This is wildly incorrect.