What's the hardest part of being a partner?

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Balancing passion of winning at work and always being present for my family. It’s a juggling act for sure.

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So many useless Partners that don’t know how to sell but circle like hawks to “add value” when they sniff you have a large deal. I honestly feel we could get rid of 25% of our Partners and maintain the same revenue and growth rate.

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Agree. There should be forced sabbaticals to see if those people are missed at all when they’re absent. Sometimes their absence might actually make thing run better.

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Being a partner in title but not in firm authority or decisions.

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Agree. Sometimes I feel like associates have more say than I do as a partner

Figuring out what to do with all that money 💸

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Learning the hard way that this actually hurts a lot…

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Deciding on what bone and muscle to cut if they dont start cutting rates soon.

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Selling a large deal and in the middle of delivering it…. Then being asked to sell “2 or 3 more” by morons in leadership who don’t serve or talk to clients

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Clueless about how markets are built

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Being an “income partner”, basically another management level with too little control over key decisions or strategy

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Feels like it’s the same at MBB too

Bureaucracy, Independence, and a “what have you done for me lately” mindset of the firm.

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Taxes

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Sales that are not referrals. Referrals are easy because you know you can help and issue is defined. But, it’s hard to hit goal on just referrals.

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Additional sales are like “referrals”. You have a relationship already. I guess I should have said “new” sales. Bringing in new clients is hard.

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AMC to the moon baby

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Just an observation, I’m at Stansted and the airport is packed, people without masks everywhere. Almost like pre pandemic.

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Anyone work for EY people advisory services org design? Thoughts? EY

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BCG 🐠 for a referral a over 10 days ago but never got an invitation from the recruiting team to apply online... is this normal?

I’m hearing you would be invited to formally apply within days of your referral being submitted

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Is it better to be a Partner in tech than in healthcare because you would hit your annual sales goals faster? Rationale being that tech just has more money to spend.

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Anyone in STL? I’m here for the weekend and have an extra ticket to the game tonight

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How is the biz in tokyo since covid? Big layoffs like in the USA? All remote? Picking back up? Thank you.

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Have a first round interview with the VP of Talent Management at a PE fund tomorrow. What kind of questions should I expect? Would it be more technical or more focused on discussing my background and interest in PE and the firm? TIA!

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Will Google also start firings?

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Hi fishes

I have 6 years of experience in SAP and I want to switch to a data engineer profile now. Is there anyone here who made a career switch to data engineer after having more than 6 years of non coding experience?. If yes, can you please tell me the courses you have done and the path you have followed?

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How does the housing market work exactly, like, what determines whether prices go up or down?

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When do I break it to my boss that he’s a monster for using two spaces after periods?

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Any insight into STB’s tax group?

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Would anyone be open to referring me into google or AWS for sales? Currently 2.5 YOE in SAAS and hardware sales.

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Hi Guys, I have a Data Engineer L5 loop in a month, any ideas on how to prepare? Has anyone been rejected at that level? or downgraded? What were the conditions?

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Has anyone done an MPhil+DPhil in eg economics in Europe? What are admissions standards like at Oxford, Cambridge, LSE?

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Lol is anyone able to reply to comments on here? I can only respond to comments with existing reply threads but if I’m the first person j can’t. This app seems to have all kinds of restrictions when it comes to students…

Admission: I get secretly happy when other analysts make mistakes.

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For you guys that have car allowance. How much do you get?

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Additional Posts in Partner One

Any partner looking for a mentee? I’m two years out of college and just started with a new consulting firm. Would appreciate any insight. Thanks!

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Dear partners/principals...
1) which big-4 do you believe has a better retirement model? the unfunded retirement benefits package that pays out after retirement?
2) is it worth switching from one big-4 to another big-4 and having to re-build everything so to speak, if both roles are relatively same but comp is 20% higher? and also possibly joining a bigger practice area...

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Partners, other than sales and staff development, what’s a few goals you focus on each year?

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Partners - need some input on how to handle and voice discomforts to my leadership - type of work, team, and comp

Up for partnership this year @ a big 4, however I have an offer in hand that doubles my Director salary. Should I take the sure thing or risk going through a vote with a recession looming?

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Is it true life expectancy for partners is pretty low?

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Hi Partners! Last year when there was no bonus etc, it was my best year in EY and I actually made more money at EY compared to my previous years or this year(including the bonus and raise this year). Also keep feeling like I have been taken granted and not valued. I also don’t feel mentally challenged with what I am actually doing, just burning out. Want to have this conversation with the team. Any tips?

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What support can a partner offer a manager on connecting with an exit opportunity into industry that suits their skill set and interests?

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I work my best when I am busy and have upcoming deadlines. It’s either procrastination or just short of it, but I never miss a deadline and clients/partners are consistently happy with my work. I have tried forever to change this but have failed every time. Will this ever change or does this only get reinforced as you move up and keep getting more responsibility? How do you get the proverbial shit done?

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At what age did you sell your first project?

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Did you become a Partner as a second career (aka industry hire Partner)? How has your experience been? Would you recommend it?

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What advice would you have wished your young selves to know?

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Partners, what's something you know now that you wish you knew when you were a Sr. Manager?

Is it true new partners at PwC are making 550-600k? Are there big differences in Partner Comp between Big Four?

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Hi Partners, any of you working on growth strategy combined with analytics and service design? I think that there are great opportunities on the intersection. Looking to define my niche.

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Spend so much time managing people’s feelings and mood to get work or get work done. So exhausting, I am ok with machines replacing us all.

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Is the partner life worth the struggle? How many of you had serious doubts at the senior manager / principal level but pushed through? How happy are the ones that bailed?

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EY MD 🐠 , I’m a newly promoted MD and have a few questions on comp timelines I’m hoping you can help answer since there have been 0 comms to MDs on this 😔:
1. I’ve heard we don’t find out new salaries until mid-Aug with others below PP. Given others new comp doesn’t start until Oct, do you know if that’s when our new comp starts too even though our new titles are already effective?
2. Does the MD rating/comp timeline continue to follow the timeline for others going forward after the first yr?

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If there is a sought after Director for a practice being built up at PwC. Has there ever been a time that a director can go straight to partner if they have an external offer that is quite compelling ?

Basically that offer would be 1st year partner salary and build off that ? Or PwC likes to stick to it's process and only other option is down the road consider direct Admit partner?

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