What’s with the new email about FY18 PBB??

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Waiting for the email that PBB is going away for new seniors but they will reward us in an exciting new way and still value our commitment to the firm.

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You have to beg your family leader to consider you for PBB.

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PwC rating model: (How much time did you spend under your relationship partners desk) divided by (how much is your relationship partner despised in the market by the MTL) = % raise. This number is then added to the following: (your overall performance ratings in snapshots) / 0.

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I'm not sure either. I think it's letting us know all thale factors that go into our "performance rating", which the PBB is based off of now. #bewareoftherings

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I guess that sums it up. In a single line, your rating and PBB and salary are entirely under your practice leader in our case and Relationship partner in Pwc case. I feel like both LEAD and this email kinda confirms the theory that the ratings/hike/PBB are more under the control of one or two persons now.

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Is this a real thing?

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All this does is put discretion in the hands of those making pay determinations vs the objective rating system. Going to be interesting how it unfolds.

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Yeah and also it looks like we are following PwC model

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Whaaaat I mist have missed that part

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Do they mean Q1 for FY19 or calendar year?

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EY6, you are right. I stand corrected. It says FY19, so we should be good on timing haha. False alarm

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OP - can you elaborate on how the PwC Model works? Thanks.

Correct but still have to be within the market bands for the level.

Yes, but you know how these bands are. M1 in my practice is making 145 and I was an M2 making 150. Also I just noticed that the next PBB will be paid out in 1st quarter 2019. So no PBB next year lol.

Sweatin us hard there.

Mist

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