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Hi all. I am trying to determine if I am being compensated fairly. I am a tax manager (about to start my second year as manager) and have been with EY since staff 1. I was promoted to manager in June 2020 (during covid) and received a 7.5% raise. The class above me has mentioned they received much higher raises during their promotion years. My base salary is now approx. 97K. Any insights would be extremely helpful. Thanks!
Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?
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So are you saying its a bad time to have quit for a new agency 😬
No, not necessarily. If they have approval to hire, that should be a good sign. They may have won a new account or have a list of clients that are pretty stable year over year no matter the economy. However, my advice is to look at their hiring/layoff history (Google them for layoff news, check reviews on Glassdoor, etc). Make an informed decision.
Gotta make the cuts before you have to cover Thanksgiving holidays
Particularly if they are publicly held, they have reign in their budgets before the end of the year, projecting and setting budgets for next year. November is a big month for layoffs in many industries during economically challenging times.
Sooo we don’t think there will be a lot of hires in the beginning of the year?
Which agencies had more layoffs? I know RPA laid off about 45 people (6% of staff) two weeks ago.
Across the board I believe.
Rising Star
ESPN if you want to count media. All the restuin Manhattan ate still laying off.
Chief
Well... most agencies are down big year over year. What are they supposed to do? Use money they don’t have to pay salaries?
Rising Star
They need to cost cut even more to stay afloat this year, the extra few weeks will help.
#bonusseason
I was about to take an offer for another agency.... should I hold off now?
Rising Star
Ad agencies are projected to reduce headcount by 20+% by 2022
Rising Star
my