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Majority of that expense will be on the Indian outsourcing companies (e.g. TCS, Infosys, etc.) who manage their IT platforms - these contracts run into few hundred million dollars every year

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100% can be right, all the big tech firms have massive amounts of contract employees, easy to get rid of

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I believe they are a $300M/year client to EY

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Absolutely nuts to me, but I work at a far smaller firm. That is just staggering in the number of people.

They did $104B in revenue in 2019 and spent $16B in “other” (non-interest or payroll related) expenses so it’s not that crazy of a number.

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You get those numbers when you don’t actually “hire” people but contractors so you don’t have to pay for benefits or FICA. #beentheredonethat

They have over 250k employees. Not inconceivable that could have tens of thousands of contractors.

I bet most of them are with risk and IT. The burden of regulatory requirements on banks increased massively in the last decade, which then needed massive amount of investments to comply to those

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kids aren’t old enough to Learn on their own so we have to help with elearning. 2 full time WFH parents in advertising where our hours are even longer than normal. The teacher emails and asks (cont)

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I was given a project that i’ve never done before, sad to say I didn’t perform well on it as i’d like but I came out know alot more about it. What the best way to recover from it? I think if I were to be given it again I would perform much better now that I have a better understanding of the work flow, I have a knack for process improvement so I think I can create something that will help reduce errors and give us some much needed time. Should I create a prototype and show it to my boss?

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I’m senior 1 in IA and make 75k in Chicago. I just got certified for my CPA, how much can I get as a pay raise if I just joined the company a month ago?

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I have an interview for social media strategist with a rising DTC startup in NYC. I’m feeling imposter syndrome, since I’ve never marketed such a big, hip company. What books can I read or courses can I take to come into the interview solid and prepared? Most of my marketing theory is based on Seth Godin books and reading psychology.

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Was passed over for a promotion and a friend said ‘well, everything happens for a reason’. Do you believe everything happens for a reason, or are you smart?

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Is it stupid to take a pay cut when leaving consulting? I have an offer for an industry senior manager that is ~5k under my total comp but has a ton less stress/hours. (MBB EM)

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Any 🐠 at MBB or in Life-Sciences? Have a few questions regarding work / life in London and would appreciate if anyone is willing to share some insights. Ty!

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Evaluating whether to take up an Investment Strategy role with a unicorn wealth-tech firm. Does this pigeon-hole me into wealth-tech? Are there paths from Investment Strategy to other fin tech or investing or Corporate strategy roles?

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Fuck you delta, and your sucky wifi

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Does Hill Holiday even look at applications?

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Anyone in Kansas City who wants to be my friend?! Hangout?! I am from Chicago. Just started my project here & it’s going to be 1+ years long. I would love friends who are around my age/ in their 20s.

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On a scale of 1-10, how terrible does it look to quit in the middle of busy season? How angry will my team me? Seniors/managers, how would you react?

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In your opinions, what qualities make for a good corporate culture?

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Alaskan Air v Delta question. I'm based in Seattle and will be doing a lot of domestic USA travel (likely mostly to Vegas). If the only criteria we're examining is the best point reward system for use for leisure domestic and international travel (also considering use of partner airlines in the case of Alaskan Air), which would you choose?

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PwC MC- what’s the typical bonus range? How did this year stack up?

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How long does Stern take for an interview invite?

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I joined consulting from industry with a salary increase of 60% and in hope to work on interesting and challenging projects. It has been only 8 months. My old job was slow, bureaucratic and boring but I barely worked 7 hours a day. While I am happy that I am learning a lot, I am also pushing between 12 to 16 hours a day and working for a toxic client. I am worried I will burn out soon. How do you manage to stay in consulting for so long ?

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