Working for a giant global agency and planning on proposing a severance situation soon to upper management. Anyone know if budgets for severances typically renew Jan 1? Or timing makes no difference?

like
Posting as :
works at
You are currently posting as works at

Obviously strategizing here.
Thanks for any advice!

like

My understanding is generally the severance expense is booked in the year it is awarded - so the company accrues the full hit from an accounting standpoint on this years books, in full, even if hypothetically they are paying you several months into 2020. They’d generally prefer to do this in most scenarios. Vs a new year books having to take a hit.

But if any real accountants on here, correct me.

like

Just add: do you have a sense of how your agency is doing as far as making their profit numbers for the year?

If they’re doing really great or if they’re doing really bad they’ll likely want to take the expense in 2019.

If they’re just barely barely there and counting pennies to possibly make it, they’ll likely want to push the expense into next year.

like

Are you going to ask to be laid off? I did once. It didn’t work

Related Posts

Hey! Any Google folks know if it’s possible to negotiate fully remote if a contract role is hybrid? Personally, I don’t want to relocate and go to the office on a contract role given the current economy. Plus, I’m assuming contractors are the first to go in layoffs. I just think it’s a fair trade off if I’d be allowed to work fully remote. I’m also trying to have flexibility to manage my Airbnb business in a different country. Same time zone as the home office if I’d travel weeks at a time.

like

I'm a depressed 32 yrs old single with 8 YOE. Last drawn CTC was 5 LPA even after switching 5 companies.
When I see Ppl with 18LPA or 23LPA with 4 or 5 YOR, I really feel my gut wrench with sadness wishing I had that CTC.
I need to put up things right to rebuild my life all over again. What do I do?

likehelpful

Let's talk sign on bonus...

FAANG PMTs salaries?
Looking to hear about PMT/ Sr. PMT / Principal PMT Salaries

like

How much do Nursing Assistants make in Michigan? Metro Detroit more specifically?

like

I’ve worked in sales for 12 years (8 years retail sales and management, 4 years inside tech sales and management). I’m feeling the burn and looking for something else in the tech field. I’m making $140k. I have a college degree but no marketing, engineering, or product experience. What other departments/jobs could I jump to and still keep close to my OTE? I’m pretty good at Salesforce and have thought about a SFDC admin type role, but that’s all I’ve thought of so far.

like

Hey Guys,

Just got off a call with Counselor. Got Differentiating with Progression to Senior 2
Is there any hike for Progression and how much will be the VPB

SL: Tech Consulting

TIA

like

Is the salary hike percentage solely based on Rank/rating ? Will there be any consideration for the qualification ?

like

All compensation-related post should follow the below template.

Years of Experience:
Current Organization:
Company:
Title/Level:
Salary:
Bonus:
Stock:
Total comp (Salary + Bonus + Stock):
Benefits:

like

How much do senior strategists in LA make? Moving from NY to LA and wondering how much of a hit in pay I’ll take from lower cost of living or whatever recruiters will say

like

Does anyone in the UK use Haye Grades and know the salary range for a grade 20?

like

@Bain folks - What is the salary for Associate Consultant (Experienced Hire) after the recent hike. Is it same as AC (Graduate hire)?

like

What is the average incentive given to a Consultant in Cognizant with a 4/5 YEA rating?

Oracle India (IDC) - 17 fixed + pf(91K)

Optum global solutions - 16 fixed + pf(76k) + varibale 2.4 L + 2L joining bonus.

which is better to go for? Considering growth and future.

like

Fellow Data Scientists of the DS Network community. What has been your salary progression from your first job to the current one. Feel free to share it down in the comments.

likeuplifting

NDAs - signed my first one as a part of a severance agreement. thinking about leaving an honest review for this company, but unsure about the liabilities that come with this. (NDA mentioned no defamation) leaning on the side of letting it go, but this employer sucked BAD and i want others to know. ik its hard to give a straight answer bc it depends on the agreement, but wheres the line between bad mouthing vs your honest experience?

like

3 attorney firm. I’ve been here for 6 years and have used Westlaw exclusively. Now we are switching to Lexis because apparently Westlaw is too expensive. I hate change. I know where everything is on Westlaw and now I need to relearn. Apparently Westlaw will not budge on price and would rather just see a client leave than work with them. Super annoying. Any insight on negotiating Westlaw or transitioning to lexis?

like

What is CTC range for JL5A in Infosys Consulting.

~TIA

like

Have 2 offers one for a SC at Guidehouse the other for a Senior Analyst on Fortune 200 Corporate Strategy team I have 3 YOE. Both are similar pay at 100k.

like

I got an offer from Audible? How is the work culture and WLB? Does Audible also has PIP culture?

TC:240 K
Level: L6

like

More Posts

like

Folks at Deloitte India.
How were ur yearly hikes, last year??
Deloitte India

like

Has anyone attended sfmc developer interview in TCS? Can you suggest is it more related tp coding or normal sfmc questions

like

Thoughts on potential business ideas or investment opportunities where I can live the life I deserve now and not in retirement? I’m always trying to think of potential business ideas and come up with nothing. As far as interests, it doesn’t matter what it is. As long as it makes money I’m interested.

like

Interested in investing in real estate. How to even begin and what apps should I be using?

like

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

like

Did anyone hear back from PwC Law about the second round lottery?

like

Anyone found an affordable adjustable standing desk they like? I have an iMac and a laptop is like to be able to fit on it.

like

Do you recommend any songs that help you focus?

like

Hi 👋 I’m new to the LA area and looking for good networking events. Any places I should look into? Thank you in advanced!

I am pregnant and don’t feel pregnant most of the time. I’m only 6 weeks so have to wait awhile before any visual confirmation. And then you worry about all the ones after that before 24 weeks or so. How do you cope? I am trying to be positive. I’ve had a miscarriage before so I’m nervous as well. I try some calming meditation and things like head massages but that lasts an hour tops!!

like

When interviewing with a current student, is it better if you have a mutual contact or does it not matter?

like

Hi everyone ! Does anyone have any tips for best prep materials for gre to get super high scores? I took the gre a couple of months ago and got 320 ( used magoosh) so trying to get a higher quant and verbal score this time around. How did all of you with really high scores study?

I’m interested in investing in a pair of cycling shoes that clip in for studio classes - any reviews of Tiem brand?

likehelpful

which is the best data science course?
Edx / Coursera / datacamp OR do training from local institutes.
Any experienced person can share Roadmap , it will help me/others

like

What is your salary as java springboot developer

Hello. Traveling to Kathmandu in Nepal for a week towards the end of July . Any recommendations for things to do , place to visit , food to eat & things not to miss 😂. Thank you

like

What's the best way to describe building and delivering technical proposals (i.e. business development work) and make it sound fancy for non-consulting firms?

Question is inspired by the "changing a light bulb" consulting meme.

like

I am looking for a job change from system administrator to data analyst role.
Is there any opportunity available?

Additional Posts in Advertising

Raises do exist! Disregard females, acquire currency 💸💸💸

like

Retail, Social, Pharma. Fuck, Marry, Kill....

like

Are there any agencies where creatives actually have good work-life balance in LA, SF or anywhere else for that matter? Like no weekends or no working more than a 40-50hr week? Or do I have to go in house for this? Or do I have to leave advertising altogether?

I feel like I’m either getting burnt out by work or trying to heal myself from it. There’s never much time for real life and I don’t want to be on my death bed reminiscing like, “Wow, I made some cool ads.” Nothing scares me more.

like

Thank you all for existing on Fishbowl and for being such a supportive community. It’s been a difficult year, but at the end of the day, I’m glad to have people to commiserate/celebrate with ❤️🙂❤️

like

Just got laid off do I need cobra? I plan to hopefully have a job soon

like

I’m bored in an airport. Vowed not to bring my laptop and my flight is delayed 2 hours. Can we spark a controversial thread? Post your unpopular opinions below!

likefunny

After an awful solid four weeks, I left work today at 6:30 and am fucking getting my nails did.

likeuplifting

All this exposure why don’t we ever talk about the ceo of kayak. There are so many stories

like

I have an interview at 9am, during a snowstorm. Better get that job.

like

I like everything about my agency except my partner. Do I leave if they don’t have the budget to get me a new one?

like

Did anybody work at Red Fuse? Curious on everyone’s thoughts. Liked their work

like

have you ever accepted a job you were maybe underqualified for? how did it work out?

like

Just had someone in NYC I want to work for ask me my salary. It's illegal now but I didn't know how to tell them. I told them my range. What would you have said?

like

Media arts lab. What does everyone think about it? Culture/work life etc?

likehelpful

Was interviewing for a dream job before COVID, but it was put on hold the week nyc shut down. Should I give up on the job, or will some agencies be able to hire once this ends?

likehelpful

LA folks, how do you meet people in this city? Just moved here and have some friends but am eager to meet more. Any tips?

like

Any advice for presenting somebody else’s work? I’ve been stretched thin on different projects but have to present in place of some of on vacation with little time to prepare.

like

Will the lawsuit against DMA force the victims to come forward? It’s the only way DMA will not end up in serious trouble. I’ll bet that Ted Royer and the rest of the DMA targets will follow.

like

If you live in LA, dm me for secret wineries in SB county that will blow your mind. I’ve literally been to all and give you the goods and they are so close and life’s too short to drink crap wine!

like

Where would I find a list of all the advertisers who are doing Super Bowl TV spots next year ? Thanks

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal