/biz/ - Business & Finance

>>23139582
EY should be out of buisness after the wirecard fraud

used to look forward to working for 1 of these guys. then i worked with several consultants in a project management internship.

consulting is a fucking joke.

big four are a fucking joke.

>>23139582
the salaries are atrocious in Canada, even government workers make more

>>23139582
imagine touching any of this shit when API3 is about to launch. this is your last chance.

Little brother works at KPMG. Round after round of layoffs. Im a contractor for Deloitte and same deal. So many people are losing their jobs at the big 4 and its not just year one drones. Plenty of managers etc.

>>23139582
I worked at Deloitte for two years at the beginning of my career. It's like an elevator for your career; the longer you stay on, the more it pays off. Once you decide to leave, you get a much easier job working for a company.
When I worked there, starting staff made $50k, and the raises were shitty (great recession). If you made senior after 2 years, then left to industry, you could make $75k easily. If you stayed 5 years and made manager, you'd get a big bump to $80-$90k with the firm, but could soon leave for $110-$125k in industry. If you stuck around 8 years to make Senior Manager, the firm would be paying you $110k-$130k, but then you would be eligible for really sweet director level jobs in industry, VP or CFO at smaller companies, cruising towards $200k. If you stayed past Senior Manager, you could either try to be a Director, which was a partner-level, non-equity employee, or try to make partner. Directors were doing north of $200k, partners started at $300k, but they also had to buy their share of the firm and were under much more pressure to bring in business. These numbers are all around 10 years old, so I'd guess they are a little higher now.
It may sound like a no-brainer to stay and make fat stacks, but every year you are there, you are basically giving up a year of your life. Even when things were supposed to be slow I was working 50 hour weeks. Busy season was 70-80 hour weeks with no days off. You are expected to drop everything for work, and everyone does. Almost everyone is super-motivated, so if you slack, it's very obvious. For instance, I worked with about 20 people for 2 years and in that time there were 2 call-outs. One was a guy who was kind of crappy and on a PIP already, and the other was a girl who fell down in the shower and got a concussion. We got 5 weeks of paid vacation and nobody used it. We would be out of town, work from 8-7, have dinner with the team, and then half us would be on our laptops working in the hotel room.

>>23139582
I'm big four:
> Racist
> Based
> Male

>>23139582
next move?
LOKI based future

>>23140973
Thanks for sharing anon. I'm thinking hard about selling my soul for s few years to these fucks.

Yes my Mrs works at pwc, in Birmingham UK

Lots of office politics even though they preach they're a good place to work in that sense

Lots of favouritism, loads and loads of over work and relatively shit pay for a city center top 4 company.

Looks good on cv and she'll be leaving soon to work with me but she's constantly being head hunted on linked in from other top 4. If you can get good position and salary go for it or else they'll use you as a mule

>>23139582
>dumb shit classmates who never did anything get into big 4
>two had a SUB 3.0 GPA
>I get stuck with my 3.5+ at a small dinky firm

I would rather be a hobo

>>23140973
Holy shit anon are you still here?

Im a military officer that was thinking about leaving for the big bucks... (I make about 90k right now, with guaranteed raises up to about 140 by the time I retire)... is it worth it to just stay military?

>>23140229
fuck out of here burak

>>23140229
>>23142731
not him. burak is very eloquent
https://medium.com/api3/the-gordian-knot-called-the-oracle-problem-e9731c55da13

>>23142731
>>23142771
also a major qt3.14

>>23139582
Every so often I see this question posted on biz. Auditing, consulting, and accounting at the BIG 4 is cucked. If you want to be an office drone slave go right ahead.

>>23142673
Lmao have fun working for $50k/yr until you blow your head off

>>23140873
This desu. They have recently laid off someone I know and he was working for deloitte for 20 years as a senior manager.

As for consulting, I think it is a scam. They charge way too much and quality of work is subpar.