What is the severance if you get fired as a Senior Associate in PwC Advisory?

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

FWIW: I’ve never heard of a double-partner layoff, and these things typically happen on a Friday, not a Monday.

P4: you have anything to add here? Did your unfortunate situation follow this footprint?

like

Amazing how they push people ratings down to make it like “firing” and not a “layoff”

like
Recent IconRecent

Usually it depends on your tenure. Don’t expect much.

Your employment contract may define it. It does for directors and I believe managers, not sure about associates and seniors.

I am afraid of massive layoffs

Was there 15 months. Got 2 weeks as severance, which is the minimum as mentioned in the agreement. Massively taxed though.

True, layoffs

What happened with you P4?

2 week sounds less, I think should be 4 wks

Best luck to you guys. Let us know what happens

In the past 3 months they have layoff like 10 people in different levels... practice is not going well staff have very low utilization

Thanks!

Is it a mid year review these days ?

forensics is going to be starting layoffs. they are trying to “re-home” folks. unfortunately be prepared for worst OP

Whatbis PIP?

Op , pip = A performance improvement plan ...when they put you on a plan to monitor your performance. If you improve , they will keep you ..if they don’t think or want, they will fire you after a few months. What was your latest rating ?

There are 15 people (my team has around 50) that got these 15 minutes meetings scheduled on Monday. Do you think it is possible they will layoff 15 people (4 associates, 7 seniors, 2 manager and 2 directors)

Op - this sound like a big number of ppl , they usually layoff people in batches ..not to make too much noise. How was the utilization to date for the group , how was yours ?

Yea, OP: are you on a project? What do your util numbers look like?

40% and I would say that is average for my group

Good luck OP- keep us posted

P10- why go on sabbatical when u can get severance on downsizing?

I doubt sabbaticals would get approved for someone pending termination anyway unless it was applied for and approved before the term was underway.

Related Posts

Is there a difference between director and managing director at BDO? I interviewed for a managing director position but my offer letter says director.

likehelpful

Hello Fishians, I am PMP and CSM certified looking for Project/Program Manager role in Learning and Development. I have 15+ yrs industry experience in which I have 3 yrs of PM experience. I am not sure how much should I quote as my PM experience is only on papers and not in designation. I am currently at 18.65L package. Please help.

like

Will there be any variable pay in CAPEGENINI ans ACCENTURE?

like

What will be the fixed salary bracket for Associate Director in Tech Risk Management under Consulting?

like

Hi All,

What should be the salary expectations of a 3.8 years experienced, post graduate, ISTQB certified QA Engineer? I am under salary negotiation with a company and need suggestions. My current in-hand CTC is 6.5 LPA.

like

Can some one brief what is MOA Monthly Overseas Allowance in Infosys Limited?

like

How much we can ask for 10+years guy? Company is giving less 90k

likeuplifting

does anyone know anything about experiences working at “Stampli”? I have an interview for an Account Executive position there!

uplifting

I was told by my manager that I’ll be getting a promotion and a comp raise about a month and a half ago. It hasn’t happened yet and he keeps saying HR is slow to respond. Is there anything that can be done or do I just keep waiting around?

like

Anyone here works in Dunnhumby or Gartner?

like

I am from IQVIA with 4.5 years of experience and 18 CTC working as a consultant position. Is it worth joining Indegene?. What kind of Salary post and wlb I can expect??

helpful

I have cleared an interview with mindtree but they said they can only offer me 9 lpa as their budget but I already have an offer of 10lpa,shall I send my 10 lpa letter to them to match or wait to get a better offer and latter ask them to match it ?

Does ibm GBS send hacker rank test for recent candidates(java)?I joined 2 years back at that time there was no test at that time.Any one has an idea?

like

Hi Fishes, need some info
1. What is the payband for C10 in MRM team?
2. What is the current hybrid model looking like?
3. What is the expected bonus % payout for C10?

like

How is Citi as workplace for employees. What are the benifits it gives over other MNCs.

like

Please help me choose the right offer. 1) BOA ( 20 fixed ) 2) HSBC ( 18 fixed ) 3) CITI ( 25 fixed ) 4) EXL ( 20 FIXED + 3 JOB + 2.24 VAR) Location: All Banglore I have 20 days left in NP. Yoe: 3

HSBC

I am looking for growth with decent wlb.

like
like
like

Hi everyone, should a Java Spring backend developer (2.5 y.o.e) go for SAP Hybris? Hybris uses Spring Framework internally as I am told but I want to grow as a Java backend developer and want to work with microservices based projects. Hybris looks like a different ball game altogether. What should I do?

like

Can someone inform me of the average salary for a Workday HCM Recruiting Functional Consultant - Sr. Associate @pwc

like

More Posts

When you budget for your engagements, what percentage of staff time is your budgeted manager time? I have always heard manager time should be about 50% of staff time but now leadership is pushing back. I have found the 50% to reflect reality. Managers don't reperform the work but have to do a detailed review. Thoughts?

like

Anybody working in JPMC project as informatica developer

like

I just hit my lean fire number but am hesitating to pull the trigger, so was hoping to run it by people smarter than me:

- I have a few rentals that bring in ~$1800/mo cash flow, taxes are negligible, Capex incl.
- My paper assets will bring in ~$1200/mo at 3% draw
- I get free Healthcare at the VA
- No plans on kids
- My expenses haven't topped $30k/yr ever
- I could always reenter the workforce if needed (albeit probably not in consulting)

Please point out the flaws here, what am I missing?

likeuplifting

I’m interviewing for a newly created position, Assistant Director of Communications & Outreach in my organization’s DEI office. This is the first interview they have requested after reviewing my writing sample. They didn’t say who specifically I would be interviewing with, but said “members of the DEI staff”, and it will be virtual.

What types of questions outside of my marketing/communications background should I expect?

like

Hey Fishes,

I'm in a biggest confusion here. And its pushing me to depression. Please help me if possible. I got 2 offers and both are good reputed product based companies. And offered the same role.

Fractal Infosys Tata Consultancy Wipro Accenture Microsoft IBM Cognizant

Post Photo
like

Anyone use TRR, Rebag, etc. to buy and sell? How often do you change out/trade up items in your collection?

like

Is this an aggressive position? Would you use final regulations effective for tax year beggining Dec 16, 2020 to support a deduction for calendar tax year 2020? Proposed regulations didn't include this exception. More details below.

I think I’m ready to leave public accounting. Where do I even begin? (See more in comments)

likeuplifting

Is there any advantage to telling a company you are interested in working for in the future where you decided to accept an offer from? Or does it not matter? I accepted an offer a week ago with a great company (Company A) that for this season in my life seems like a great fit and only strengthens what I have to offer company B down the road. Company B just sent me a request for interview and I want to keep the door open with Company B but they were just very late in extending an interview.

likehelpful

Do recruiters ever reply to any of these threads

funnylike

What's your number for retirement?

like

15 years in, and that call to the other two bidding companies never gets easier. Especially on a Friday. To all the Directors, EPs, and reps in here - thank you for what you do.

likeuplifting

I am A2 in PwC AC Bangalore in Management consulting - I want to shift to US office due to some reasons. Can anyone please elaborate the intercompany transfer / internal rotation process? Like where to apply? what are the requirements?

likefunny

Should I leave my first permanent job as a team leader of 4 DPs in a FMCG business (only been there for 4 months) to join a huge Tech business for a 12months contract?

They offer me 60% more money than my permanent role. Circa 2000 dollars every month in my pocket

However, I am worried if I accept the tech role and I do not become permanent I will be looking again for a job in 12-24 months and my CV won't be showing a managerial position. Won't be showing any progress.

like

Any good PM roles open? By good, I mean focused on PM activities and not covering down for unrealistic sales promises. Rapidly hitting my limit at my current org.

like

Heya guys, actively looking for a senior/staff optical engineering position if anyone knows of anything let me know 😬

like

PWC has posted International Tax Manager employment opportunity in 18 city. Almost all major cities in USA in which it has offices. Any insight if these are real or just feeler to check out and build candidates pipeline.

like
like

S&P Global Do we get desktop in S&P Global, if we work from office. I feel its difficult to work on laptop.

S&P Global

Additional Posts in Consulting

Why is the PI-analytics's pipeline so bad? Does the whole DS/DA bubble really burst already?

If anyone is working on a project at Apple, can you put 3-way FaceTiming in the scope backlog? Thanks.

like

What are some concrete reasons why someone in consulting would be fired, other than the obvious stupid things?

like

I’m considering taking an internal consultant role at a large healthcare company. I’m unsure if healthcare is the industry I want to be in. Would I be pigeonholing myself into that industry?

like

Officially on maternity leave for 8 months after today!! I also got the green light for promotion, pretty happy with all things Deloitte right now! 👌🏻👏🏻

like

My manager basically gave me an unlimited budget to get whatever certifications I want. My career profile is similar to a Solution Architect- what should I get? I am thinking about Okta (I do some SAML work), Domo, ITIL, Six Sigma, Certified Scrum Product Owner, Six Sigma, anything else? I have AWS Cloud Practitioner already. I am hoping to pivot to Product Management or Data Science.

like

Top consulting firms in the aviation / urban air mobility space?

like

To those in non-MBB: Would you rather have an offer in hand right now for MBB or FAANG pm? Assume it’s a lateral transition.

like

Actual snake fell out of an overhead compartment on flight to Mexico City. Samuel L. Jackson was not onboard. Article link in comments.

like

Saturday night. It's me, my biryani and Netflix again. We need to break this cycle.

like

Up early on a Sunday, not hungover and very well rested... what has my life come to?!?

like

I feel like I don’t see the point in dropping a bunch of money into a 401k. I am pretty good at saving money and I want to enjoy my life now. What’s the point of being 67 and having loads of money?

funnylike

Flown a lot this year. Lots in first. 2017 goal: Private...

like

A lot of poopy faces at ORD right now.

like

For all the young minds that are slogging away and pissing their life away on useless PPTs hoping that things are better when you are a partner - they are not - get out now!

like

What if Fishbowl implemented Blockchain ???

like

First year in consulting, is it worth purchasing a car this early? I’m living at home and about a 45 minute car ride away from my home office. Any suggestions? What have you done?

like

I’m curious how much people here earn per hour given the total hours worked each week incl. commute time. Factoring in 401k and post tax salary, I make $34 an hour. How do u compare?

like

My background isn’t in marketing/branding/PR but I’m being thrown into an engagement for a small organization who has many different sub-brands. I now how to give them high level guidance on how to ensure their branding and message is consistent. Any resources/books you’d recommend I could crash course this on?

like

Received offers from both BCG and McKinsey. All things given, the compensation and benefits are pretty equal. Suggestions on how I should pick one?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal