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Hello ,
I am currently working as an consultant for kyndryl as cloud sme with 7b band on lower level 13.5 lakhs. My contract is coming to an end so I contacted my manager was offered an job at same 7b level at 17 lakhs . Should I take the offer , will I have growth in the Company? I have an another offer from hcl 18 lakhs . Kyndryl Inc.
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McKinsey & Company I am joining the McKinsey & Company Boston office in late July and searching for housing in the meantime. If I could get some insight on the ratio of days in the office vs work from home that would be super helpful!
If I need to come into the office regularly I will try to find a place close by.
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I agree, but that this still matters to a certain extent. Analogously, MBB have had to expand beyond their core strategy work to grow to the level they are now. That means the average analyst isn’t getting staffed on as many strategy projects as they would in the past.
That depends on the standards for experienced hire hiring.
Hiring someone who's designed a guided missile to advise companies that build and design those things isn't "lowering standards", it's just smart.
Also, the fact that there's a large uptick in business likely indicates that there's likely an uptick in the industries that would generate exit opportunities.
How could this possibly be answered now? Wouldn’t this be something impacted in 2-3 years when the massive number of people currently being hired start looking for exits?
I understand where the hunch comes from OP. But I think it’s largely overblown. And within the firm, nobody really differentiates between EH and regular hires
Sorry, did not mean to call out EH specifically - just observing as a data point for larger and larger classes of junior hires
The pool of desirable exits has not remained static. 15 years ago, there were not nearly as many opportunities to work at FAANG or elsewhere in tech, for example.
My guess is that the number of exits has changed alongside the numbers of competitors, but the job requirements are so specific (need technical plus business experience for product management roles), and interview processes so arcane (several rounds of fit plus cases plus assignments) that too many people apply to too many things in an effort to basically win the job lottery. End result is that things look very competitive.
The underlying implication that experienced hires ‘dilute’ the brand is misplaced, elitist, and false.
What is an EH?
It could be the case that the experienced hire cohort is in fact worse, but that would be more due to an insufficient measuring stick at the entrance than an overall indictment of those that are experienced.
Ok now I really wish I could edit my post lol
I am not commenting on the quality of EHs (I myself would be an EH if I got the offer), just on the fact that they add to ever growing, larger classes of junior hires, including undergrads, MBAs, advanced degree, etc.
I also don’t think the quality of exit ops have deteriorated. Have seen EH who joined during covid already leave for start ups and Fang
What makes you think that the pool of desirable exits is relatively static?
Ps1, you and I are generally aligned. I am not claiming that consultants are the lifeblood of tech. Yes, salespeople sell and marketers market and so on. I'm claiming that consultants exit to those aforementioned roles, and more of those roles exist today than 10-15 years ago.
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Our standards for hiring have not changed, we just hire more, and growth is consistent with the industry (albeit a bit higher this year to make up for the slower hiring last year)