What are people's thoughts on hiring freezes in the M&A/ M&A Tax space? There are salary freezes and layoffs (especially at EY Deloitte), but will a hiring freeze be put in place? No matter how (cont)

like
Posting as :
works at
You are currently posting as works at

(cont) bad things are if they don't hire or get transfers into the groups now, they will have a shortage of seniors/managers after a couple of years right? Can anyone chime in what their group's response is to this, in regards to the pipeline of new hires?

like

There might be a desire to create a “shortage.” While we don’t know the strategy, if you bank on +X% growth and hire under that plan, but that becomes less than that, you have excess capacity. Either the market needs to meet capacity or you need to meet the market, as a staff member, why just bleed out? I think freezing, level setting, etc. makes great sense. Plus, take care of who is here. You can always hire when opportunities present themselves.

likehelpful

If more capacity is needed then okay, if not then 🤷🏻‍♂️ we are all petrified

funny

EY started layoffs...?

funny

Hopefully they and their phone didn’t get axed...

Related Posts

Hi fishes,

Can someone give information of levels in Airbus.
What is Level E and M. At what experience an emp takes a M1 and M2 position.
This is for the software engineering group.

Hey fishes!!
I absolutely hate my job and would like to resign ASAP but my bond period is until Feb 2023 but they are already having a qualifying exam which I won't clear and will get fired anyways in Jan 2023...but they are refusing to let me go without paying bond money.. What will happen if I just get myself fired😑

I just joined this fishbowl thingy and I’m surprised to know about all the mid year salary revisions folks got this year via this.

Glad to learn this.
Can folks give some more info as who were eligible for this? What was ur older CTC, YOE and upgraded to what CTC with the revision?

Thanks in advance!

like

Hi all, I am looking for the average salary of a project manager I and II in healthcare. I’m located in Northern California. I’ve gathered information online and it varies quite a bit. Thank you

like
like

LTI - Larsen & Toubro Infotech is hiring for below mentioned skill sets. Interested candidates please comments.

Need immediate joiners preferred within 0-30 days.

Post Photo
like

What is role of lead engineer E1?
3 years exp in Infosys

like

Hi All, Just finished the process with Alix tech & Digital practice (VP) and A&M PEPI (SA) and got an offer from Alix and waiting for the salary details from A&M. I wanted to know your thoughts regarding the salary expectations for A&M (Their HR didn’t flinch when I asked a salary +15K more than Alix in base)? Do you think they can offer that in PEPI ? And what would you chose if you were in my position?
I’m applying for Paris officies but any feedback from other offices is more than welcome

like

Hi everyone,

I have an upcoming Interview in
Accenture, for Frontend developer role.

Though they didnot mention any specific JS framework, they are asking for HTML,CSS,Javascript.

This is is forst telephonic round schedule next week.

Any tips for interview or prepration?

Thank you in advance. Accenture

like

Got an offer at Korean arm of a Big4 firm. They claim it's standard to offer a 1-year contract (indeed, every other office job I've had in Korea is a 1-year contract, but I've never been consultant). Korea also has robust employee protection and laws are different - you can't get fired after 3 months.

For anyone hired by a Korean firm, is this also normal for firms? I talked to friends stateside who told me to be wary since it's not "regular" status. Trying to verify ppl's experience.

like

Failed McKinsey Round 1 in 2020, but was asked to reapply (keep in touch). Do I just reach out the recruiter, apply through referral, or apply directly? Thanks!!!

like

Hi There - I selling homes and have been getting along OK, but I’m looking for a remote sales or account management role (limited - no travel) in tech. I am also a project manager with Agile and Scrum. Does anyone have any leads for current openings?

like

FIS Global vs Shell. CTC and role is exactly same. I have 5 years of experience as Java Developer.

Any job cuts, furloughs, or paycuts at Cincinnati firms ?

like

Hello folks,

LSEG pay structure has 12.5% of total fixed pay as annual incentive/bonus. Does LSEG pays it completely or a partial amount only? Please help. TIA

@LSEG

like

How is work life balance in EY GDS ?

I'm being offered for TEAM LEAD position in Experience management team.

Experience management is basically resource management or work force management teamEY

like

how much does EY Parthenon- software strategy group pay a Senior Associate in Boston? Any ideas on base salary, sign on, & bonus?

like

Hey guys any openings for react js roles . I have 2 years of exp and I'm an immediate joiner.
I have an offer from TCS @6lpa which I think is too less.
Please reach out if you have any openings.

like

4YOE in consulting got shafted on promo to M with pay. Would you take a 7.5% raise to a startup company with 15% bonus (upwards of 30% for high performers which at Big4 been rated consistently high) plus stock. They mentioned they may have an additional increase start of CY and in process of growing out whole new org so potential to really accelerate into strong leadership roles. Just at point where I feel under appreciated and want to try something new.

like

Hello! Could anyone please give me a referral for Virgin Pulse?? Id appreciate that. Thank you!!

More Posts

Hi 🐠 , I’ve got experience in agency account management and gone client side as a marketing manager. Which departments/roles would my experience most seamlessly transition into at a FAANG?

likehelpful

Hi Fishes ,
After getting offer letter from TCS I had given a tentative joining date and was asked to communicate if I get early release from my current organisation . But I could not get an early release and hence I will be joining on the given date which is April last week . Meanwhile BGC was initiated and that’s been more than a month . Should I expect any kind of communication or directly before onboarding , can anyone help me to understand ? Anyone having joining in April last week?

like
like

In how much time Capgemini releases the offer letter ?

HR Discussion happenned 2 days ago!

like

Hi folks, I am working with a few friends on a fintech idea. I opted to build the marketing roadmapping strategy for the soft launch/prototype phase as I want to learn about the field. Any guidance where should I start? Any guidance, books, topics will be helpful 😊

like

How are you teaching middle or high school chorus in the fully virtual realm? I’m looking for new ideas and techniques. I hate that my choirs can only sing on Zoom with everyone muted...that’s the opposite of choral singing :-(

like

Can I move from IT to Google?

like

So incredible and awesome to know that our God will not only strengthen us, He will help us and will uphold us. All praise and glory be to our God!

Post Photo
like

Just trying to plan ahead for next year, but does it matter which round you apply to? Planning to apply to 8 schools (4 each round). Schools I want more in R1, reaches in R2. I'm an Asian American F, low GPA/high GMAT, T10 Engineering, 4 YoE in consulting (if that changes anything).

like

Going to be a huge rally on Monday..🚀🚀🚀

likeuplifting

Can you survive in mbb as an immigrant who grew up poor and can’t relate to all the talk about golf, steak, fancy food and vacations around the world? I am mostly a silent listener in all social conversations.

likehelpful
like

Hey all, I’m the founder of Stories Company, a creative agency focused on design for internal/B2B work at Fortune 1000s. Currently hiring a senior designer or AD. 85K-125K. Thanks so much!

like

Fed Fish, trying to settle an argument. From what you've observed, what is the most in-demand non-IT certification in the Fed space? Thanks.

What would make a candidate profile stronger for M7 MBA: Deloitte GSAP or 2 Years at Deloitte followed by Product management?

like

Anyone been to the dmv lately who can report back on how long appointments took? I’m thinking they’d be quicker since you have to schedule your spot but wanted to check.. I’m converting my out of state license to DC.

like

Does Accenture have specific/dedicated practice or group for state and local government work?

like

Is it pronounced gif or gif?

likefunny

Anyone worked in the EUCOM AOR as a DOD/IC consultant or contractor? I am interested in opportunities in Europe, have a TS:SCI. Would love to connect or get thoughts on the roles.

like

For transplant recepients who are PUIs should we reduce Immunosuppression? And what should the management be when they are Covid positive?

like

Additional Posts in Transaction Services, M&A, Deal Advisory

For those in Houston, how much of your deals are outside of the O&G industry? Considering a move for living purposes but I’ve mainly worked on tech deals and not sure how transferable my skills would be for an O&G/Healthcare industry.

like

For those who switched from audit to fdd, what's the most challenging aspect of your job. In terms of technical aspect (difficulty of tasks) or like softskills (client communication /presentation) or whatever you felt difficult from audit background.

like

Thoughts on M&A tax role with ~20% - 30% tax compliance involved? Unsure on this hybrid setup role that I’ve been offered. I currently do 100% compliance so is an upgrade I suppose?

like

Which big four firms are paying the highest and lowest for FDD Senior 1. In the LA area.

like
likefunny

What’s TC like for a director in Houlihan FDD?

like

Can anyone comment on A&M PEPI Human Capital group…wlb, type of projects, comp…at the SA level. Currently Deloitte M&A Human Capital SC

like

CorpDev/Transaction Services S1 salary in the DC/VA/MD area?

likehelpful

Anyone know salary for S2 @ BKD for FDD? Chicago market.

like

I don’t understand how to adjust capitalized sales commissions to the cash basis. Can anyone help?

like

FDD exit ops from Senior level?

likesmart

I am interviewing for a FDD position at a top 10 firm. Does anyone mind sharing any key talking points I should hit on?

How secure are positions in TAS? I see everyone hiring like crazy right now, but what happens when there aren’t so many deals going on?

like

Does FP&A route pay more or Controller route pay more?

like

Anyone at CohnReznick able to tell me about the TAS (FDD) case study that is part of the interview process? Any tips would be appreciated!

likefunny

How many years of audit experience required for Deloitte M&A (FDD)?

like

I’m looking to switch to advisory. What are the best options with work life balance and good future prospects? I was thinking ARA but read a couple posts saying it’s not worth it. Is FAAS good in that aspect?

like

What is sneakily the most time consuming process that doesn’t seem like it should be time consuming? Feel like it’s sending request list/follow up emails

like

Anybody know any good sources to learn more about commercial due diligence? Plenty of books and websites on the M&A process but struggling to find the same depth of info for CDD.

like

What does the tax valuations group do? What type of projects they do work on?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.