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Is thr any salary advance option in EY India?
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Visual Storyteller
Chief
Bowl Leader
Hey anyone want referral in EY GDS
Contact me EY
Additional Posts in Transaction Services, M&A, Deal Advisory
Deloitte
Hi everyone, I just had a first round interview for Deloitte M&A Valuation Analyst role based in Australia. I feel like I went pretty well, they were pretty keen at my Analytics background ( DA/Modelling) & my interest in finance (preparing CFA L1 atm)
However I haven’t heard back anything after two days(e.g. book my time for round 2 interview)…I know there is supposed to two more round of interviews.
Just wondering if this is the normal waiting time or I’m not the person they looking?
Coach
Deloitte gives 1k wellness stipend, 500 hybrid work stipend, and 1k commute stipend. Only the wellness stipend is recurring. I’m probably paid 60-100k less than my counterpart at A&M. Idk about you but the best benefit there seems like the 60-100k
Mentor
There are big differences in benefits but if you do the math, the additional cash comp far outweighs the loss of benefits
$$ vs $$$
Mentor
$$ vs $$$$ is more accurate imo
Y’all gotta also realize most people never actually get the full value of their “benefits”. This is all case by case basis.
A healthy individual may never get any benefit from better health insurance because they’re never using it where as a person with some unfortunate circumstances may realize a ton of value from that.
Mentor
You’ve just described adverse selection in insurance. No one buys insurance hoping to use it but you’ll be glad to have it when you do need it.
Subject Expert
EY 3 but those benefits barely have any value lol. You add the value of all of them together and it’s just a few thousand dollars…
There were a couple I noticed going from pwc to A&M. No student loan pay down at A&M. I believe the HSA contribution is lower as well. Phones are not free like they were at pwc. PwC had a 401k match (although it wasn’t substantial). I have found A&M’s high deductible insurance plan to be much better than PwC’s, however.
Enthusiast
I’d rather get cash than the “benefits”
EY3 - My teams are getting dinner and an Uber ride home if they’re working 10-12 hour days, although that rarely happens, if ever. Is the pension offered at every level at EY/B4 or just partner specific? Agree re charging hours, we service the middle market who are a little more fee sensitive, but particularly given our comp model, requires accountability on our end.
what team 😭
The main benefit which is take home $ is better.
Mentor
If your primary concern is comparing benefits packages, you’re playing checkers and not chess
I just started here as well and I’d be interested. Haven’t set up the 401k yet
Cash comp > benefits
Kind of surprised a lot of people are missing a few things here. I’ve seen:
EY
- Fitness fund
- 401k match every paycheck (not a year-end throw in)
- Car rental discount codes
- Lyra (25 sessions a year)
- Pension plan
- $60 phone a month
- $25 WFH internet a month
- $25 dinner (WFH or in-office) for 10-hour day (no questions asked)
- Uber home for 12-hour Day
A&M
- Standard HC, dental, etc.
- Phone plan
- 401k match with a few strings attached (employer does not contribute until you work there a full year, and once contributing it’s only done as a lump sum end of year)
- charging dinner (and frankly even sometimes charging all hours worked) is a bit of a battle. A&M feels more cost conscious, I would imagine it has to do with having less mega funds / large fees as B4 FDD tends to have.
Main conclusion: A&M of course wins the comp battle (no argument there), but Big4 gives you a number of benefits immediately when you start. The only Big4 hold-back is the pension.
Damn I didn’t know EY gives free Uber rides after 12 billable? Is that in the intranet
I haven’t noticed a big difference in benefits. Pretty similar, standard.