PwC Repeat of 08 Policy: No layoffs, no furloughs, bonuses are being paid, manager milestone being paid, raises for promoted staff are maintained. Go PwC!

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Super jealous about the bonuses. Good for PwC!

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I will say if you have to pay negligible bonus then better don’t pay. I’m personally fine if you don’t evaluate me but if you undervalue me then it’s a bigger problem.

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"No layoffs" - Oh come on, please don't fall for this. No, there won't be official layoffs due to COVID.... they'll just jack up expectations, "coach" people out, and do performance based separations. It's all semantics.

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Jealousy sent out from D here

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From KPMG as well

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People keep saying bonuses are being paid but I’m sure the pool will be a lot lower

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I prefer a job to a bonus. I also prefer not to be severely understaffed over a bonus.

A win but, must also put out there that FY21 salaries are frozen unless you are promoted

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I agree with EY3, Deloitte had told us there were not going to be layoffs and look at where we are at

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National tax leadership never definitively said no layoffs. They said they were keeping and eye on the situation and would continue to evaluate.

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Dammmmnnn. Thats gangsta.

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I'm curious how that will be for A2s who are potentially going to be paid the same if not less ( considering first year hire rates were adjusted for the new year ) than the first year hires that come in this year

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i will start introducing myself as an A1 if their salaries are higher than mine. might even start acting like one

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08 policy is different from what actually happened. Layoffs came in the form of reorgs.

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Focus of the type of work a group does will get changed. So if you work in Tax SALT and specialize in sales tax XXXX projects. That type of project is no longer performed by the firm in the new organization, so you are let go by reorg and not a layoff. Then the firm says that it was no longer economically feasible to continue those types of jobs.

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Can I get a referral?? 🤕

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I gotchu fam. Dm me ;)

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Meanwhile 5% of Deloitte US headcount being laid off...

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Announced on a firmwide webcast a few minutes before

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Was this announced today?

Like 10 min ago.

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They have to get the cash from somewhere. Unless their business are significantly better than the other big 4, people will still be let go.

Was about a senior 2 into senior 3?

I've been told that specific service lines in the regions are down to 4 day weeks, so a 20% pay cut with almost no change to workload

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Layoffs at Walmart corporate 😬😬

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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

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YOE 15+
IBM 34 LPA
Global Logic 39 LPA
PM Role, Bangalore location.. which one should I choose? Please let me know.. IBM is not ready to negotiate.

I have an offer of 160k (base salary) from EY for Manager in Valuation - real estate. I am in Los Angeles. Looking for suggestions on comp range for managers.EY PwC Deloitte KPMG .

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Hey guys,

I recently joined one company 15 days ago, after few days I got offer from another company which is paying higher. But I haven't mentioned them about the current company. Should I tell them or not? Please help me

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How is the final settlement calculated at Accenture? Notice period is 3 months.
Will I get normal monthly pay for the first two months? I'm leaving after completing 12 months.

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Hello Fishes,

I might end up with an offer of 7 lpa with British council for sAp security. Currently I am with ibm at 4.89 lpa, I want to stay at IBM but not at this pay. Can i drop resignation and then expect my manager to retain me by increasing the pay? P.S I am only 4 months old in ibm, joining month October 2021

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Analyst 2 here with current CTC around 4L. I guess it's too less compared to market standards .

And I will be progressed to analyst 3 this year

How much hike I can expect.?
Cam I expect EY to do some market correcttion?

YOE 2

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Is the salary hike percentage solely based on Rank/rating ? Will there be any consideration for the qualification ?

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Is today salary day? I havent received my salary yet?

Hi Team,

What would be the inhand salary deducting pf,variable pay and income tax(no investments).
DOJ is Aug 10th..

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How much salary does EY offer for Manager, rank 32

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Hi all, recently in touch by Spotify recruiter for a Sec Engineer position for remote EU and was told that range was 60-80 out of base salary and equity. Had 2 years of security experience out of my 4 years. Was also told that there is no bonus scheme or no sign in bonus 😕 Not sure how I feel about this tbh.

What do you think?
Spotify

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Hello Fishes,
I have got offer from CTS as techincal lead for QA.
Yoe: 8.7
Skills : C# automation
They offered me 31 with
70JB.is it okay offer for my experience.
How much salary should I expect and joining bonus.
Plus howz the work culture there and how about job security? Cognizant

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Have a big interview tomorrow. The question I dread the most is about why you’re looking for a new job. The honest answer is that there isn’t enough work to go around at my agency and I want to get ahead of the inevitable layoffs. What’s the best way to tell them this? Do I just make something else up entirely?

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Hi Fishes,

I have been offered 37.5 lacs ( fixed ) plus 20% variable for the associate director level . My current fixed CTC is 29 Lacs .

Can you please let me know if this a good offer or I can get more?

Please also let me know what is the salary range for associate directors?

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Hi Fishes,
This is on behalf of a friend .Can someone please put on some light on the below query ?
Company :
Morgan Stanley
Designation : Associate - Global
Role : Compliance Technology Strategy
Division : Legal and Compliance
How is this position for a BE+ MBA , total 3+ years of IT experience in top MNC.What would be the expected CTC and next hierarchy designation ( after a promotion ) ? Morgan Stanley

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What's the Inhand salary? Details below

Total = 12.44 LPA

Basic + Allowance = Rs. 11.65 LPA
Employer PF(12% of basic) = Rs. 56.7k
Gratuity : Rs. 22k

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Can anybody help me with the salary breakup please i got no clue🥵

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𝐒𝐮𝐦 𝐨𝐟 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐅𝐢𝐞𝐥𝐝 𝐕𝐚𝐥𝐮𝐞𝐬()

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Hey y’all - moving to Houston post grad & looking for recommendations on where to live! I’ll be working downtown & looking to say under $2600/mo. Would love to be close to work and also in a spot that’s safe for early morning runs! If anyone has a building they love or an area they recommend please let me know!

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