Thoughts post all hands this morning? I was unimpressed / uninspired.

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What did you expect? It was a meeting to discuss the reason behind the layoffs. Hardly the most inspiring topic. Rory provided a clear rationale for the layoffs and laid out good reasons why current staffing levels are in line with market demand. The pipeline is uncertain owing to economic and market conditions. This means that obviously nobody is in a position to make confident statements about the trajectory of our projects and related staffing requirements in H2. Clients still like our work as reflected in our pricing power.

likesmart

I’d blame the US MCs - not cutting underperforming/non-selling Directors and partners. And also bad business planning.
Easy to blame the company performance on “external factors”. I’d call it poorly covering up their own underperformance

You could easily argue that consulting staff did not get the chance to perform because of the government.. hence not their fault.

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I don’t know about inspiration but I don’t think there was anything more, grounded in facts, that could be offered. Sounds like they had been too optimistic, semi on purpose, back in March, but have come to terms somewhat and were more moderate/conservative this round. I think that is somewhat comforting.

likehelpful

Details please

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Agreed

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Additional Posts in Altman Solon

What’s the comp structure for Directors? How much is the base and how does the bonus component work?

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Anyobody in the Altman Solon London office willing to have a chat/look at my CV? I have 2.5 years of Analytics and management consulting experience.

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Does anyone in the London office know which laptops (including specs if possible) are provided to consulting staff?

Also, is there a BYOD policy? Are staff able to log into Teams/Outlook etc on personal laptops?

What should I be expecting for my first couple months and first project? Joining out of college soon and a bit anxious on what to expect - thanks!

Anyone at Altman Solon London who can provide total comp figures for Consultant, Senior Consultant and Engagement Manager levels?

Base/bonus breakdown would also be great. Currently at a T2 generalist firm and thinking of switching, but would be good to get a sense of comp progression (Glassdoor data seems incomplete)

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What were SCs doing yesterday afternoon?

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