Would it be crazy to jump after ~4 months? I joined EY not too long ago as a Staff 2, experienced hire from industry. A contact is recruiting me for a similar position back in industry, but with a 25% bump and better 401k.
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Hi fellow fishies!
Can someone please explain what is “SUPPLEMENTARY allowance” in my payslip??? It is the highest in my entire payslip, more than basic salary. Basic is lets say ₹7 lac annually and supplementary bonus is ₹7 lac 40 thousand.
Can someone please explain why this exists in my paylslip, is it good or bad from tax perspective and shall I ask my HR to decrease it???
Please help asap.
Opus Consulting
HI.. I am Naga Srinu ..I have experience of 11 yrs in Accounting & Finance..Still my CTC is 6.70 lacs as Sr.Execuitve (Branch Reviewer)
My query ..I want to Increase my salary package and shift to software MNC companies. What are the channels to get into big 4.
I am feed up with salary increments frm past 11yrs.
Kindly any one advice n share ur experience.so i can get awareness.
Note: Software i worked on GAC Dolphin ,SAP ,Oracle ERP, Tally ERP.
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FWIW, I got a 30% raise this year being promoted from Staff 2 to Senior, so it’s possible comp isn’t as far away as you think
In 2019 rising seniors got 23%. The year before it was only 15%. It just depends. It may not be as high as this year but can’t say it won’t be above 20%. Over firm is understaffed. Getting the same amount of work done. It might be a good year
If you don’t like the work, GTFO. It doesn’t get better
I joined consulting out of curiosity and came to realize its just not for me. Compared to my previous job in the industry, it feels like a huge downgrade. Lot of PowerPoint fluff mixed with "socializing" work with client instead of hiring engineers to actually work on the implementation. I know the project matters on your experience but I'm part of one that's been around for years. If you look at the work accomplished, it feels rushed and unpolished. Managers love bringing new work but the planning to develop new features or fix issues is half baked(please use something like JIRA to track requirements and do sprint planning and not PowerPoint ffs) . One thing I will give credit to people in Consulting is that they know how to sell their accomplishments. Unless you want to go management route, I would recommend going back to industry.
That's completely fair. I'm still in beginning stages of my career compared to you and WLB has been amazing in consulting for me. However, I do want to be challenged and focus on growth rn while still having time to pursue side projects or higher education. I do like the fact how many resources you're given to learn something new in Deloitte. But from my career perspective, I can't help but feel like I made a mistake joining consulting while I did as the project I'm staffed on has done little for my skill growth.
There is no harm in jumping around for $$$, especially if you think you are below peers. If you have relevant hard skills, EY will always hire you back in the future.
You can consider to discuss about matching first.
EY 4. Oh, my bad. Lol
What is your base now? Seniors are making a good amount at the firm now. So you might get that amount at EY after all. But if you are comfortable sharing your base then I can give you an educated estimate whether or not you’ll make this amount as a senior when you get agile promoted.
Just a heads up. Agile promo you will only get a 7.5% bump. The remainder they will have to wait till October of next year
Go asap
The odds are 100 to 1 against a match You can be replaced in a week And with 4 months in, what capital do you have to trade on
No
Leave if you don’t like the work, it doesn’t get better.
What’s the actual salary? And would you be able to do something cooler at Ey and then exit to that industry/role instead
He said 25% increase. Which means he is around 95k now.
Do you bro, this depends on what you want your career path to be. Industry vs. consulting
Have a discussion with EY leadership before you accept the other offer. I'd suggest keeping the other opportunity to yourself - the public policy is that they don't renegotiate rates, and if you let the entire office know about your offer, they don't have the opportunity to renegotiate on the down low. To clarify, share the other offer in private if you try to renegotiate - just don't tie EYs hands by making it public.
I would recommending why you joined EY. I have contemplated leaving after 2 years too but I have concluded, for at least now, I am gaining more through my network, learning resources, and opportunities here.
Go.