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I have some doubt regarding pf contribution... Say for example.. 12% of my base salary is 600 which gets deducted from my salary.. on the flip side.. the company has to contribute 600 to my pf (which is actually deducted from my salary only like already part of CTC)?. So my question again is that.. the company contributes 600 as well? PwC
Deloitte Hi all - looking to get some info on salary expectations for Senior Manager, Associate Director and Director positions at Deloitte in London. Looking to relocate from NYC. What’s a good range to target?
YOE: 14 years. 2 years at EY and rest in tier 1 banks.
Any insights would be much appreciated.
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Additional Posts in The Worklife Bowl
Conversation Starter
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Chief
What’s sad is the toxic way so many Americans have been trained to think about our social safety net.
Conversation Starter
I mean, your original point had nothing to do with forced labor for convicted criminals. You stated the existence of slavery creates a situation where the social safety net is purposefully underfunded. This implies widespread existence of slavery for non-incarcerated individuals, whether you intended that or not.
Chief
1) Your friend may make 80% of what you make but it’s only for 8 months. So they aren’t going to be making as much as you think
2) Your friend has lost all the benefits you have and non-employer health insurance is expensive
3) Your employment history is unaffected so your future earning potential is better than your friends
4) Having this extra unemployment benefit will stimulate the economy faster because people will not default on rent, continue discretionary spending etc
So all in all, this benefits you too. Lastly, don’t refer to this person as your friend because they are definitely not if you can complain about something like this when it comes to them. Friends wish each other well
It’s frustrating people out of work aren’t suffering enough?
Yeah, kinda sad how people who are laid off, for reasons outside of their control, can still pay for basic food and shelter. 🙄
Rising Star
OP - would you prefer the alternative where he didn’t have enough money to pay his share of the rent, forcing you to cover it in his place?
No, it's not okay to be bitter. Crab mentality is the mark of a loser. Worry about yourself and not others.
The only time you should look at someone’s plate is to see if they have enough, not to be envious ;)
Rising Star
OMG, this just reminded me of my grand mother when she said this. Thank you!! 🥰🤗
OP, I'm sorry, but seriously? You're jealous of someone who is unemployed? Finding another job IS a job and as underpaid as you might feel, making 75k out of college as Big 4 Advisory is much higher than most of the US, where we have higher salary bands than the rest of the entire world. You need perspective, badly.
Pro
Seriously. Even with the extra $600/week he’s only making $53k/year. And unemployment income is subject to both Fed and state taxes. Is $53k close to what he was making before? If not, then you should just be quiet and be glad that’s not you.
Or you could feel happy for your roommate that they still manage to have access to money to survive.
Chief
What do you do? You sound underpaid for strategy
Chief
You can always volunteer to be laid-off, I’m sure a big firm would gladly take volunteers at this point
Lol If only...
Rising Star
OP: I think a lot of other people including me would have chosen to empathize with their roommates if they were in your position. There is something very wrong with the way you are thinking.
I need to change my title. First year staff for big 4 advisory
Rising Star
That deserves more than a pedestrian like....bravo!
I know somebody who wasn’t forced out of work but convinced their boss to lay them off temporarily knowing they could collect almost twice as much in unemployment now as their normal salary... really a shame that people think like that and will take advantage of the system thinking it’s just free money made up out of nowhere.
When u have to pass a simple law to cover a large and varied populace, there will be such situations. I’m less worried about a guy getting an extra 600 bucks when hedge funds and chain restaurants are getting away with millions in grants.
Don’t know why you’re getting all this hate OP, I’m kinda with you here...for the folks saying how terrible of a friend he is, maybe, but from a purely practical perspective if I gave you two options, which would you take?
1. Make 100k a year for working 50 hours a week.
2. Make 80k a week doing absolutely nothing, apart from the occasional job search.
I think I know which I would choose...
You have to remember, people working have a reasonably expected income for the sustainable future. People who are already laid off will get this benefit for maybe 6 months. I would much rather have steady income coming in than run out of support in 6 months and still be looking for a job.
Chief
They’re unemployed due to a global pandemic and your ass is focused on throwing shade? Omg mind your business and be grateful you have a job. You are a parasite.
Whoa, whoa, whoa... people who need things done should be grateful to have workers to do the work. Slow down there chief.
OP I see your point. I was furloughed recently and the way the system is set up at the moment I don’t have very much of an incentive to look for a job. I could try and get a job at a grocery store FT or something but the amount I would make is about the same as my unemployment benefits. If I work PT then I start to lose some of my benefits because the threshold is so low.
You don’t have to pay the tax penalty for not being enrolled in insurance - it was eliminated by trump in 2019
Pro
Part of getting unemployment is proving you are looking for work.
Chief
Proving you’re looking for work in California is like a click of two buttons online. It’s kind of meaningless.
Chief
Gross post
strategy consultant my ass
I’m sure they would trade places with you in a heartbeat.
This is like being mad because the poor can get free food at a soup kitchen and discounted food at a food pantry.
Like others have eloquently stated, being long-term unemployed is not an enviable position. While you are working, you are building connections, developing your skills, building a work history. Your friend isn’t, and had an uncertain future ahead of them.
Pro
Well, the point of them is really to acknowledge that no matter what you do, no one is hiring, so we’re going to make sure you don’t DIE as we get through this tough time, since you’re out of a job through no fault of your own.