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Hi fishes,
Why TCS is so rude and self proclaimed kinda. I declined TCS offer last year as they were giving very less CTC. Now I got interviewed again with TCS and cleared all the rounds but they are not reactivating my ibegin portal for document upload since I rejected them last year...in this way u think they will never ever reactivate my profile.
Tata Consultancy
Hi All, Today I've resigned and my LOD is 2 Sept. Can anyone please let me know for these 90 days salary would be credited only after FnF. Or June'22 salary will be credited as usual, however, July and September salary would be credited during FnF. Please confirm or suggest.
Regards,
HCL Technologies
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If my recon doesn't add up, can I blame Russia?
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Then you should have been an investment banker
The question you’re all getting down to is, “Why don’t the firms pay us more?”. I’m going to try to provide a really solid answer to that question. Ready? Here it is: They don’t have to. That’s really it. Why don’t they have to? Because you’re still here. Or to say it differently, your pay is clearly good enough to justify you sticking around. If it wasn’t, you would quit. If people are generally staying and not quitting (to the point that there is sufficient retention to meet staffing needs), then mission accomplished in the firms eyes. What added benefit would the firm get by paying you more? You being “happier”? You complaining less? News flash: the firm doesn’t exist to provide you with happiness, and they’re ok with the current level of complaining. This is a business, and the people running it are focused on the bottom line. As they should be. That’s how businesses work. And no, I’m not a partner. I’m a Senior 2 if you must know
Thanks for this thread. Before I read all this I thought I was an autonomous professional with in demand skills making employment decisions that fit with my personal and unique needs. Now I realize that I nothing more than an oblivious sheep lost within a vast conspiracy .
I know for a fact I started a 2k less than a man with the same exact degree as me starting the same exact staff job.
OP is an idiot. Investment bankers work WAY harder than accountants, and lawyers are either paid shit with massive debt, or are smart enough to get into a BigLaw firm...In which case they're way wayyyyy smarter than you'll ever be. Which is why both professions make much more money to start out with.
^Not out of touch with reality, just strongly believe certified professionals should start at six figures just like doctors, dentists, lawyers, and just about any other certified professionals do. Sorry you’ve been underpaid likely your whole career.
^Agree. People who can’t pass the test shouldn’t be practicing.
OP, I can tell you, the vast majority of doctors dentist and lawyers don’t start at six figures... I did the books as an intern for a largish law firm, they started their associates around 75k... yes, some lawyers make more than that, but that’s a small portion of the supply
Firms do NOT come close to adjusting for COL differences.
High cost cities tend to be cities where people want to live. So rents are high and the supply of accountants is large so pay does not rise the meet the cost of living.
You have the least creative, least strategic professional career imaginable, you’re making $75k and have the potential to make $400k by the time you’re 40. Stop bitching.
I was last informed that the average partner in 2005 earns around 650k US. Might not be millions, but it’s still wayyyyy more than what employees earn.
@EY 3 I agree 100%
Lol, EY is clearly not paying enough to our group then, since our group has zero seniors atm.
If their skills were worth $150k, they wouldn’t work for less than $150k. 🤓 #freemarket
Lawyers have another 2 years of school at minimum
Everyone saying investment bankers work way more than us is not really 100% accurate...I know a bunch of I-bankers and when I was in audit I definitely worked more
Hence why these people said things such as “most bankers” or work more than “most of us do"
Hardcore shills for capitalism in here. I trust you won't complain when your jobs are automated out. Or did you think GDM and COE were here for our benefit?
Pwc5 - when capitalism falls, my guess is that the starting salaries of CPAs are not going up.
No, there is another way. Hire fewer people. Pay each person more. Expect more from each person at the very beginning of their career.
This is like comparing an entry level employee to an executive at any company. Big 4 is no different... The folks at the top make the big bucks.... Capitalism.