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Hello fishes,
So what is your experience in increasing ECTC while getting subsequent job offers? How much increase shall we ask on top of previous offer? E.g. Current max I have is 25lpa, how much can I ask HR from next company? Infosys Accenture Deloitte KPMG Hashedin by deloitte Nagarro Tata Consultancy HCL Technologies Wipro
What are bonuses so low in consulting?
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I have a current CTC of 6.6 and Mastercard is offering 8.9 (including variable ) . I also have an offer from infosys of 10 ( including variable). Which one should I pick considering work life balance and appraisal.My entire doubt is that will they bring me on market rate after appraisals as currently they are not offering very good hike.
I will be joining HR team
Interviewing with Apple next week for the roles of Global Supply Manager (GSM) and Worldwide Procurement Analyst in Austin. Does anyone have any tips or advice for the interview? What kind of questions do they ask?
Also, what’s the compensation like in Austin specifically? I would think the compensation would be different than Cupertino. Anyone have any offers or salaries for these positions in Austin?
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This doesn’t exist in the holding company model...
Really bizarre question. Holding companies in general are anti people. Soulless orgs designed for shareholder profit. They will all say they are for all sorts of humans rights, but they will cut you off as an individual as soon as it saves them $5.
“Human capital stock"
...not Wire & Plastic Products
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Not omnicom for sure. They’re prob the worst. IPG has a good paternity leave policy (6 weeks), but if I had the opportunity, I’d go independent.
In my experience across omnicom and Publicis, Publicis benefits (health, dental and all the extras like life insurance disability etc are better) though costs have been going up at Publicis the past couple of years so this difference may be shrinking (but assume that’s the case across the board.) My husband works for an IPG agency Publicis groupe rates and plans were generally better for selections we needed.
not sure if all IPG agencies are like this but the one i worked for a year and a half ago was severely understaffed, relied mostly on intern work and underpaid their employees
^^^ that part lol. every junior i knew was making barely over minimum wage and was working 10 hour days (interns had it way worse bc they would never approve overtime). companies probably choose to pay higher ups more competitive salaries to retain talent
Which one of these 3 toxins, all filled with the same suffocating solvent, will murder you the best?
The holdcos are the big box stores of advertising. Buy anything you want, at scale, at a great price, but costs are cut everywhere to pull it off.
You. You're their main cost.
Go in-house to seek better treatment. I worked for OMC most of my career and saw waning benefits. Meanwhile at a large tech company I get bonuses, free resources, and lots of extras that holding companies could never absorb.
Omnicom is a cluster f. Probably the most truly “only a holding co”. No infrastructure or benefits of being part of a holding co, but all the negative.
WPP is an accounting run dinosaur but run machine-like in good & bad ways.
IPG might slightly win out in a balance of the two.
I co-sign that Omnicom is the most soul-sucking place. Run far away. I will never work for a holding company again
Not Omnicom.
Definitely not Omnicom...
Not Omnicom.
In an organization that large, experiences will greatly vary. You simply can’t generalize in such cases. At smaller companies, you’re more likely to find commonalities in experiences.
Mark Read has shown strong leadership throughout COVID-19 and recently invested $30MM in racial diversity initiatives. He pauses stock buybacks and dividends to preserve cash and keep staff. He made 3,000 execs take pay cuts. He’s said that WPP is in no rush to get people back into the office. His actions are proving that he definitely wants to create a more open and welcoming WPP.
But I don’t kid myself into thinking that he or WPP has my back. The second revenue dips heads will roll.
That doesn’t take away from the fact that his leadership throughout COVID-19 has been impressive.
Ok mark.
Look deeper. Every company is suffering now, big tech and start-ups alike... even consultancies are doing layoffs.
There are small companies acquired by large holding companies that still manage to maintain their culture and leadership.
Look deeper.
I loved WPP
Do you prefer death by hanging, electrocution, drowning or crucifixion? Whichever you choose, they will murder your career and future around age 45...
Age 37 for me 🙋🏻♀️
Publicis has treated me well. Dentsu less so. But on the whole it will vary greatly on so many variables that it's difficult to generalize.
Not IPG.
No holding companies do. Holding companies are when the company becomes more important than the people.
A holding company does not dictate pay, promotions or layoff. Pick the company not the holding company.
Companies agree to a revenue and hire, promote, layoff to meet it. Holding companies don't care how, they just want them to make money. The more a company does well, the more freedom it has to ask for things.
Remember, agencies, even under a holding company, compete against one and other.
For example: One agency may have 401K matched, another may not, even when under same holding company. The 401K match is based on that companies performance and it is up to EACH agency to match or not. So yell at your own company if they are not.
One agency may make the case for promotions due to wins in business and performance, another may have to have layoffs. Both are working to meet set revenue expectations they agree too with the holding company.