Thoughts on the ESOP????

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It is a relabeled carrot for employee retention. A portion of you bonus pool will get allocated towards interest on debt that has been laden into the partnership.

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If I’m only a senior tho, generally this seems pretty good for me for at least next 5 years and then maybe make a move around Senior Manager?

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The debt issue is not an issue. All firms carry massive amounts of debt to pay expenses as clients don’t pay us timely. Plus the interest rate is very favorable, so I am not sure why you are making the comment about the debt.

Do you consider 11% a favorable rate?

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I can only speculate, but I’m guessing BDO had a lot of debt from acquisitions and in a rising interest rate environment needed immediate dollars to refinance

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If your manager gives a false commitment of onsite then what can be done against the manager ?

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