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Hi Fishes, I have an interview with PwC AC in the coming week. My tech stack is Power BI, SQL, SSRS,SSIS and Tableau. YEO -4 Current CTC is 9 LPA. During the initial call with the recruiter he asked for ny expected CTC and I asked for 17 LPA. Can anyone from PwC comment on this? Is this too much to ask or is this what someone at my current level would get paid at PwC. Please let me know!!!! PwC PwC India Pwc AC Deloitte Deloitte USI
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Hi All, I have 3.5 yrs of experience in Product Management and I'm interviewing at JP Morgan chase for Senior Product Manager role and Product Manager role, for Seattle Location. What kind of salary range should I give for each role when the recruiter pops up this question? JPMorgan Chase
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Because they can and they’re getting away with it. Best to quietly issue a RIS (Reduction-In-Service) to your employer to match your ever decreasing purchasing power
Great question! I am struggling here and have been doing a lot of budgeting and cutting just to make ends meet. It’s wild to me to have 2 full time, semi-decent in my opinion, incomes, and still be worried about how much that grocery bill is going to be.
Rising Star
it’s called supply and demand
Because if they paid you more then they would have less profits and that would make shareholders really sad. See, shareholders produce all the value in this world so it's really important that we keep them happy, even at the expense of your quality of life and purchasing power. It's also an employer's market at the moment so they know they can pay you peanuts and you probably won't leave.
Paying labor more does not necessarily mean a company makes less in profits. The company could charge a higher price for its products to increase profits. Alas, doing so may drive away customers, which could lower overall revenue, which could lead to layoffs.
It is easy for us to think that all businesses are the same and operate with the same strategy and spending category ratios and profit margins and all that. They do not.
Capitalism.
Because all employers lock arms, and decide they're going to put a gun to their employees heads on pay. As long as no one breaks ranks to actually care for their employees, you're dealing with the five families of the mafia, not an individual employer.
Employees have inertia while the customers don’t.
They control the capital and means of production. We can take it back by force.
Because people vote to give the corporate man too much power and refuse to do anything ti change it
I started to explain, but the reply got so long, it turned into a book. I’mma just leave this.
It’s complicated. Labor is usually the greatest expense category, and that is where the greatest impact can be had when needing to cut costs. For the volume of recent tech layoffs, having a job is a good thing. As disappointing as it may be to receive a 2% pay increase, be grateful it’s not a pink slip.
I apologize for the misnomer. I should have said “employees.” Executives are, at the end of the day, employees, too.
simply the usual explanation: Human greed plus a broken rigged system… (actually more accurate to call it a “dystopian enforced inequality clown show” rather than a “system”, which would give it too much credence)