Why do deals move at a breakneck pace all the time? I don’t understand the urgency put on this work for every single deal. Is it deliberate to avoid lengthy diligence / lots of questions? All these deadlines are arbitrary

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Couple potential reasons:

- If the seller wants to keep the transaction under wraps from employees, the longer the transaction is outstanding the more risk there is that employees find out and jump ship, etc.

- Transaction work is not value add to the sellers core operations so they want to limit the time their employees have to work on it. Even though they are selling they still need to keep their EBITDA at level

- If the transaction takes too long to close, buyer may request a refresh diligence which just ends up costing more for both parties

- Firms who actually do the diligence (accounting, legal, etc) have an incentive to finish projects ASAP so that they can recognize the revenue ASAP

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Exclusivity from an LOI is not an arbitrary deadline lol. I agree that sometimes expectations are ridiculous, but there are so many different parties outside of your own team working on a deal that you want to try your best not to be the party holding things up.

likefunny

I have news for you - the date set in the LOI is completely arbitrary

Exclusivity period could be as long as they want to negotiate it to be

likesmart

When I buy something, I want it yesterday.

likefunny

Because the people in charge (ie senior execs, etc) are gonna cash tf out. Who cares about working long hours if you know you’re getting a 2m payday after a month or two

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Sometimes when I make a mistake at work I feel like I am not good enough for the job while other times I take it as “let’s do better next time.” Would love to find a balance between the two feelings.

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Since starting in January I have:

Spilled water on my laptop and backed into a parked car less than an hour apart.

Got a ticket for a rolling stop vs. full stop.

Can I start January over?

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Welcome to Group

How is Mothersonsumi company for a sap consultant. Does it have good career growth and wlb? Is it worth joining? Any guidance would be helpful

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Hi,
I am Mahesh
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Thanks for your support.


Yours Sincerely

Mahesh Shinde

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Paraplanners/associate advisors/financial planners… how much are you making? (Salary & TC). Long story short… I found out what our PT admin assistant is making today & I’m livid 😂🫣

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Looking for a pair of stylish but comfortable shoes for the weekend grind. What do you guys wear?

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So what's the deal with read receipt requests? Are they timing people once they have that notification? 🙄

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What is the average annual hike range in PwC advisory business unit (ex :Ops consulting) domain for different ratings?

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If you’re tired of the stress of the agency world what’s a good next step career wise? Working in programmatic display currently and sick of the never ending workload.

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Anyone out there that highly recommends the company they work for?

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Let’s talk comp — I’m a remote head of recruitment with 6 years of experience being paid 75K base plus bonuses that got me to 90K this year. I’m interviewing for other jobs, and have a potential offer at $130K base. Any idea what the market is like? Is seems like anything between 72K and $250K is possible. I have no idea what to ask companies for.

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How do you navigate when you've already accepted an offer, but you get a better one? I'm supposed to start a new role tomorrow but got an offer for the job I really wanted, and it pays 50k more. Is it horrible if I quit while having just started?

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Just received my first offer today for an SDR role and I’m trying to grind to the top of these tech sales positions. I’m in Atlanta and my OTE is 60,000. Where should I be looking to get near the 6 figure range starting out? I graduated from the University of Michigan Business school and I have two years 2 tech experience, if that helps. Thank you!

helpful

For anyone who receives a quarterly bonus or raise in some form, does your employer start to schedule you for less hours when your raise kicks in, or pull you from a future schedule entirely once you receive a bonus; only to put you back on once the hours you would have worked and earned the amount given are passed? Ie; a part time employee getting $200.00 in a quarterly bonus and then not being scheduled a whole week during a bi-weekly pay period where they would have earned more on the clock…?

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Can someone refer me to KPMG..i have the job id with me

Additional Posts in Transaction Services, M&A, Deal Advisory

Is TAG to M&A Tax a typical/feasible exit opp after experience?

likefunny

Does anyone have any experience or know of someone who went from FDD to PE operations (think Cerberus COAC). Would be great to hear any insights or thoughts on the jump and transition.

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Is it not even worth to applying for a position if you do not meet the minimum experience listed?

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Got promoted to Senior Associate but imposter syndrome is kicking in. Any advice for gaining the competency to perform at the level required?

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Is anyone feeling especially burnt out lately? I’ve had to work weekends for the last month. I know deals are sporadic but it feels like they have consistently ended up this way where I’m forced to work weekends. Getting frustrated because pay has also slowed down.

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Lender Due Diligence thoughts compared to FDD and potential career path?

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Getting a referral from a partner not in a line of service that I'm applying for still has impact? Let's say I'm applying for a tax position but got a referral from an audit partner within the firm.

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I see a lot of Jr. Level folks (myself included) in this bowl asking about certain finance exit opps like MM IB and PE etc.

At some point is the comp that much better?

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very Selective jobs( MF PE and BB IBs) kinda blow these numbers out of the water... but for the more attainable exits like MM IB and and corporate development... considering wlb and pay, is the grass much greener?

Thoughts?

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Has anyone left big 4 or other PA firms tax transaction service groups for industry (or know of anyone)? What was the role and salary bump, how are annual bonuses/raises in industry, what is a typical work week (hours) like? I don’t think I can take this always on just to stay afloat life much longer. For context I am considered a high performer, am near the top of the salary band at my level and have a great supporting network at Deloitte. It’s just not worth it to have zero personal life.

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Any differences in hours between FDD and M&A data analytics?

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Recommendations for websites or newsletters to subscribe to, to stay informed on anything finance related or deals related? Any podcasts too. Thank you

likehelpful

Does FDD vary by firm or do they pretty much compete and do the same work? Like which one has the best practice in NYC from the big4?

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Anyone in here moved from risk consulting (internal audit + external audit support) to FDD with the hopes of breaking into banking? Or have y’all seen it happen before? Would probably be a step down from a comp and wlb pov but it’s a means to an end..

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In talks with A&M to come over to their TAG practice from EY FDD as senior associate. Base salary is very competitive on top of the alluring "bonus" structure. 2 questions:

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Would appreciate any insight!

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Hey everyone, I’m looking for some advice with regards to my next career step. Currently in audit and I have opportunities to go for a Valuations role or an FDD role (both big 4). What are the pros and cons of each? (hours and learning opps, not concerned about salary) Not looking to work long term in both and would likely want to transition into an FP&A role in the future. Hoping to jump directly but require modelling experience.

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What’s your utilization right now?

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EY TARAS or EY GCR??? Between these 2 service lines which has better pay and opportunities??

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Are other firms slow right now? Majority of our FDD group is unassigned. Not complaining, just curious.

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Valuation people, how long until you got good at your job? Im 5 months in and can still barely follow..

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