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Extremely Disappointed with hikes!
Hey Fishes,
Require urgent suggestions
I will be joining Oracle Financial Services Software(OFSS) and I am worried about job security considering the layoffs that will be happening in Oracle as per below link:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.crn.com/news/cloud/oracle-considered-1b-in-cuts-thousands-of-layoffs-report&ved=2ahUKEwjv0Lyb3-34AhX29zgGHZGqBBYQ0PADKAB6BAgEEAE&usg=AOvVaw0c9Bz3n-mb4BhVdPKvIXnE
Require suggestions on whether it would be a wise call to move to OFSS now.
YOE - 7 yrs
Currently in TCS with 13 LPA
OFSS offer - 21 LPA fixed
How much should I ask for for an Art Sup role?
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Corporate Johny Johny Yes Papa

Extremely Disappointed with hikes!
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I own my own business, 90% from my BD. I pay utilities, mortgage, marketing and about $12000 in software costs... I'd be happy with 80% and no office costs if I were you
I am ria and I can say that is a great structure and like mentioned above you will give up a lot of freedom to gain the perks you are looking for. I would look into some insurance firms that you can write under; I heard through grape vines some can offer what you are looking for without leaving your current firm and losing independence. Wish you the best my friend.
Why leave? "The grass is always greener" is a trap. Only move if there are strong push factors.. like are you unhappy? For the other things you mentioned you'll likely need to give up freedom. Is it worth it to you? Can you take orders from a boss? Only you can answer those things.
Happy to review this with you. I’m at an 85% payout and have all the other benefits you’re mentioning. What state do you live in?
What’s your production? Office costs in your area? 70-80% after expenses is pretty normal. Also indie BDs charge admin on advisory that’s substantial- it’s like 10-15 bps
FA2, is there a good number to reach you?
Just to avoid any potential issue with giving my number out on FishBowl, do you have an email (personal) that I can shoot you a message to?
Pooltime624@gmail.com
Thx Pres1, good insight. I’m really just trying to gauge how my situation of pay/benefits compare to other folks in a similar situation