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Accenture payrises this year?

 
#1 Accenture payrises this year?
31/07/2009 10:27

anon

Any news on Accenture Payrise & Promotions this year? What is the official "Tell Day" ?

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#2 RE: Accenture payrises this year?
31/07/2009 16:19

1-2 to anon (#1)

Can confidently predict that they will spin the line of market conditions as an excuse for shafting people

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#3 RE: Accenture payrises this year?
02/08/2009 11:16

Tell What? to 1-2 (#2)

Tell day this year has now become tell week (21-28 August). I guess they anticipate a number of loooong conversations...

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#4 RE: Accenture payrises this year?
06/08/2009 11:55

AB to Tell What? (#3)

Anyone?

What will the minimum rating required for promotion?

Payrises for promotion or progression?

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#5 RE: Accenture payrises this year?
08/08/2009 11:21

Alan Johnson to AB (#4)

Minimum rating for promotion: VT and very top of the SA ladder. VT only for manager and above (and then only those needed at the next level).

Payrises for VT/SA only (and then maybe not all SA people).

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#6 RE: Accenture payrises this year?
08/08/2009 21:43

Tom Hagen to Alan Johnson (#5)

Alan Johnson,

Does the VT rating only for promotion to manager apply accross the board - or is it more relaxed for certain service lines?

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#7 RE: Accenture payrises this year?
09/08/2009 21:02

anon to Tom Hagen (#6)

consider that if you are SA/SA and eligible for promotion, there is probably someone who is vt/vt or vt/sa who is also eligible and in a numbers game they are more likely to get it than you.

Exact ratios/numbers/% will vary depending on which part of the business you are in.

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#8 RE: Accenture payrises this year?
09/08/2009 23:03

Analyst to anon (#7)

I got A and SA hoping to go to consultant. Chances? I really hope if things are so bad they are cutting this far back on promotions that there's another VR round.

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#9 RE: Accenture payrises this year?
09/08/2009 23:09

Analyst to Analyst (#8)

...the reason being, I can't see any other way for them to manage the increasing bottleneck of time at level analysts.

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#10 RE: Accenture payrises this year?
09/08/2009 23:16

anon to Analyst (#8)

Trouble is if they are giving PR's on TD then on other days there will be CC. That might mean the A's and the SA's going to C dont go there as they are more likely to get the heave-ho as a result of CC.

The only difficulty with that is they are one's that do most of the work at Accenture.

Dont run VT until we can devise a strategy! Must go my circuit boards are overheating.

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#11 RE: Accenture payrises this year?
11/08/2009 10:31

AA to anon (#10)

My Guess……

The following ratings will get promoted - VT/VT, SA/VT or VT/SA. They will all be given the same salary circa 42k pa. Those with SA/SA will be given a pay rise of approx 10%, those with A/SA or SA/A will be given a 2-5% pay rise. All others will be given 0%.

Any thoughts?

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#12 RE: Accenture payrises this year?
12/08/2009 12:13

just heard to AA (#11)

I just herad there will be no pay rises this year. Announced by HR.

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#13 RE: Accenture payrises this year?
12/08/2009 19:03

anon to just heard (#12)

lol and where did you "just hear" that there are unilaterally no pay rises for any level, for any workforce, for any geography?

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#14 RE: Accenture payrises this year?
14/08/2009 16:09

A2 to Analyst (#8)

In response to Analyst, A and SA will leave you very little chance for promo to C1. Personally I have SA/SA and very high chargeability and have found a new job in anticipation that I will not get it.

Numbers that have been communicated are 17% - 25% of those up for C1 promo will get it. If you consider the fact that 17% of those up for it in March got it, you can imagine what the backlog is.

Comms on pay rises for the SI&T consultant level workforce is that the top 30% will be ELIGIBLE for a pay rise and likewise, the top 30% of those UP for promotion will be CONSIDERED for promotion. Hard times.

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#15 RE: Accenture payrises this year?
15/08/2009 01:53

ACNer to A2 (#14)

I listened to UK SI&T call and they anounced that only 30% of the eligible ones will get promoted and there will be no salary increase. Only the SAs and VTs will get 3% - 5% one-off payment and no bonuses for managers - god knows how much the partners will get. After 9 years in ACN, as an experienced manager rated as SA , this call was my goodbye email to all wealthy partners. Hope not to see you again. ACN UK is more likely to get bankrupt due to short of resources by this xmas time.

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#16 RE: Accenture payrises this year?
15/08/2009 11:39

ACNanalyst to ACNer (#15)

ACNer,

Did they mention anything about redundancies? Based on what you say it would suggest the leadership still think the business is overweight on headcount because they can;t afford to promote/pay people.

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#17 RE: Accenture payrises this year?
15/08/2009 11:46

ACNer to ACNanalyst (#16)

They are not planning for a new round of redudancies. But, after the decisions they made, it looks like they want redundencies to happen after 0 zero salary increase.

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#18 RE: Accenture payrises this year?
15/08/2009 20:15

Pinsent to ACNer (#17)

I presume you mean they want resignations (rather than redundancies) to happen? If so I agree.

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#19 RE: Accenture payrises this year?
17/08/2009 15:29

Middlecat to Pinsent (#18)

Any news on promotions, criteria for promotions, volumes etc, capacity and also, what were the pay rises like?

I'm eager to hear what the strategy of the firm was....if it's bad then they are obviously hoping for massive attrition due to treating their employees careers so poorly.

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#20 RE: Accenture payrises this year?
18/08/2009 12:46

Bob to Middlecat (#19)

Tell week next week.

One theory for the relay in the distribution of ratings and raise details to CCs is that Global decided to impose last-minute cuts on promos or cashola.

Does anyone remember if the bonus pool is at geo- or global level? Seem to think it was originally global, and more recently changed to geo.

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#21 RE: Accenture payrises this year?
18/08/2009 13:36

Anon to Bob (#20)

The other theory...

....is that there are over 300 open roles , a fairly small bench and a healthy pipeline - therefore going to increase payrises and promotions to retain headcount!

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#22 RE: Accenture payrises this year?
18/08/2009 13:58

stevoooo to Anon (#21)

I like that theory but somehow think it's likely to be wishful thinking!

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#23 RE: Accenture payrises this year?
18/08/2009 14:01

anon to Anon (#21)

As i recall:

-Global in 2006 (Funding Percentage 68%)

-Global in 2007 (Funding Percentage 119%)

-Global in 2008 (Funding Percentage 125%)

Shows that even during a "bad" year (2006) there was some bonus.

Minimal payrises this year i expect.

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#24 RE: Accenture payrises this year?
19/08/2009 11:37

Ex-ACN to anon (#23)

I'm so glad I took the first round of VR.

I feel sorry for all the Analysts and Consultants that put up with loads of crap, get good reviews and then get told they're not getting a pay-rise or promotion.

And to all the Managers and SM's (I was an SM) - You are part of the problem. You get what you deserve !

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#25 RE: Accenture payrises this year?
19/08/2009 13:31

Bob to Ex-ACN (#24)

And I suppose you were so highly rated and indispensable that they let you go in the first round?

But perhaps the wider question is a fair one: can our problems in the UK be ascribed to:

a) The market

b) Senior Executive failure to sell / geographic strategy / etc. at senior management level

c) Mid management (M, SM) failure to deliver and failure to expand existing engagements

d) All of the above

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#26 RE: Accenture payrises this year?
19/08/2009 13:57

Bob to Bob (#25)

Well, just got the e-mail: zippo it is.

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#27 RE: Accenture payrises this year?
19/08/2009 14:14

enthusiast to Bob (#26)

ok but accenture does pay really well though... i have heard that the salaries there are outstanding

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#28 RE: Accenture payrises this year?
19/08/2009 14:55

anon to enthusiast (#27)

Well you heard wrong. 6 figures doesn't even start until SM really and even then only with bonus added.

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#29 RE: Accenture payrises this year?
19/08/2009 15:01

pissed off to anon (#28)

The email is out - no payrises. At all. For anyone. Managers and above are eligible for a bonus though.

Is anyone hiring?

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#30 RE: Accenture payrises this year?
19/08/2009 15:21

ACNer to pissed off (#29)

I am waiting for the partner bonuses. As usual they wont disclose the information but this time i will do everything possible to have them disclosed. Accenture is a public company and the bonuses that our lovely partners will be getting can't be classified as confidential.

Let's wait and see.

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#31 RE: Accenture payrises this year?
19/08/2009 16:44

anon to ACNer (#30)

I didn't think they got all that much. Is it not about 30% or something?

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#32 Cheers Gordon
19/08/2009 17:26

DCF to anon (#31)

It annoys me when people take the line "just consider yourself lucky to still be in a job", but with inflation negative (RPI, at any rate) then there's not such a great case for a pay rise unless you get promoted. In fact, one could argue that you have effectively had one, as your purchasing power has theoretically increased.

That said I'll be unhappy when/if I don't get at least a couple of % at the end of the year.

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#33 RE: Cheers Gordon
19/08/2009 17:40

ACNer to DCF (#32)

"In fact, one could argue that you have effectively had one, as your purchasing power has theoretically increased."???

Unfortunately i am not living theoretically but practically and can say that my purchasing power has not increased as a result of 0% salary increase. The salary increase is for the next year not for the past where inflation was so called negative. Being an Accenture SE doesnt mean that you can interprete the reality as you want.

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#34 RE: Cheers Gordon
19/08/2009 17:42

Anon to DCF (#32)

Regardless of what the RPI/CPI says, my personal rate of inflation is more like 15%.

I am only 32 years old yet still find it breathtaking that petrol is currently 104p per litre and a 330ml bottle of coke in London can easily cost £1.60. I can remember when I first started driving and petrol cost 32p per litre and you could buy a can of coke for 28p.

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#35 RE: Cheers Gordon
19/08/2009 17:47

Anon to Anon (#34)

Also, I can remember the days when a normal 32 year old could afford to buy a nice 3 bed semi in the sururbs. You know, when a teacher or junior analyst's salary would comfortably afford him/her a decent family home, for instance. Now it seems that you have to be a lottery winner or work for Goldman Sachs to buy even a crappy little studio flat in Brixton. If that ain't inflation, I don't know what is.

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#36 RE: Cheers Gordon
19/08/2009 18:03

ACNer to DCF (#32)

"In fact, one could argue that you have effectively had one, as your purchasing power has theoretically increased."???

Unfortunately i am not living theoretically but practically and can say that my purchasing power has not increased as a result of 0% salary increase. The salary increase is for the next year not for the past where inflation was so called negative. Being an Accenture SE doesnt mean that you can interprete the reality as you want.

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#37 RE: Cheers Gordon
19/08/2009 18:21

DCF to ACNer (#36)

I'm also 32 and don't recall petrol ever being 32p a litre. Did you start joyriding round your council estate / riding your tractor round your parents' estate* (* delete as applicable according to background) at the age of 8 or something? Perhaps strike out the option of applying to Wood Mackenzie / oil majors now...

From 70-odd pence in the late 90s to 104p now is not as shocking as you make out. It's probably a CAGR of, what, 4%?

I can't say that I find this too painful as I earn 4 times what I did then.

On houses you definitely have a point, but having bought a flat for £60k back then I can now comfortably afford a 3 bed semi in the suburbs.

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#38 RE: Cheers Gordon
19/08/2009 18:25

DCF to DCF (#37)

I also contend that purchasing power has increased - albeit superficially - as everywhere seems to be doing discounts at the minute, and not just DFS.

So enjoy the 2 for 1s at Pizza Express and 3 courses for a tenner down the local with your 0% while it lasts!

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#39 RE: Cheers Gordon
19/08/2009 18:35

ACNer to DCF (#32)

"In fact, one could argue that you have effectively had one, as your purchasing power has theoretically increased."???

Unfortunately i am not living theoretically but practically and can say that my purchasing power has not increased as a result of 0% salary increase. The salary increase is for the next year not for the past where inflation was so called negative. Being an Accenture SE doesnt mean that you can interprete the reality as you want.

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#40 RE: Cheers Gordon
19/08/2009 18:45

anon to ACNer (#39)

I left in the second round of VR after being rated top but shafted on promotion!

Now work 9-5 and did get a rise and got a promotion.

HAHAHAHAHAHAHAHAHA

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#41 RE: Cheers Gordon
19/08/2009 19:02

anon to anon (#40)

Don't forget the carrot of one time payment for top performers is still there ;-)

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#42 RE: Cheers Gordon
19/08/2009 23:09

Anon to anon (#41)

DCF, how much do you earn now and what are your top 5 tips for a successful career?

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#43 RE: Cheers Gordon
20/08/2009 06:29

Anon to Anon (#42)

I really hope there's more VR. Perhaps there will be since no pay rise and therefore less to pay out on redundancies?

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#44 RE: Accenture payrises this year?
20/08/2009 09:57

anon to anon (#1)

Didn't make promo to Manager :( Was Significantly Above with very strong backing. Understand only top 2% made it. Its one of those now whats!!

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#45 RE: Accenture payrises this year?
20/08/2009 10:10

Anon to anon (#44)

Sorry to hear that Anon - any pay rise?

I thought 'tell week' started tomorrow - any more inside information?

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#46 RE: Accenture payrises this year?
20/08/2009 11:03

Ex-Consultant to Anon (#45)

I think Accenture isn't the company it once was, When I started there the culture was different and it seemed we got treated better as people and cared about as staff. And I don't mean that financially.

By the time I left with VR I hated most of the management team and it seemed they hated most of us too.

I would recommend to anyone to leave, But be prepared for a shock back in the real world.

I learned very quickly when I went contracting that industry people generally dislike Accenture and therefore their staff.

I don't mention it anymore !

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#47 RE: Accenture payrises this year?
20/08/2009 20:27

Bob to Ex-Consultant (#46)

SHTOP! SHTOP! ITSH NOT READY YET!

...what a pahlava.

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#48 RE: Accenture payrises this year?
20/08/2009 21:43

SEEE to Bob (#47)

It's a blow for everyone I agree, but it's not terribly surprising in the current climate. There's no rises in the US either if it's any consolation.

As for SE's - I would be very surprised if we got any bonus at all and raises will be zero, if not negative. Plus 7% of all SE's are getting cut!

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#49 RE: Accenture payrises this year?
20/08/2009 22:29

ACNer to SEEE (#48)

Nope, the real consolation is, updating and sending the CV and getting 4 calls and offers in one day with at least 15% salary increase. This is what i call consolation. Good bye Accenture.

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#50 RE: Accenture payrises this year?
20/08/2009 23:05

anon to ACNer (#49)

Question now is do you leave or wait to see if there's more redundancy money on the cards? I suspect so.

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#51 RE: Accenture payrises this year?
20/08/2009 23:27

ACNer to anon (#50)

I dont think that they will announce a new round of VR. They are planning to reduce the number by resignations hence no wait, just go.

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#52 RE: Accenture payrises this year?
21/08/2009 06:07

Not hopeful of promotion to ACNer (#51)

I wish I had applied for and pushed through VR.

Acn is clearly doing this on purpose to make people leave.

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#53 RE: Accenture payrises this year?
21/08/2009 07:29

Bob to Not hopeful of promotion (#52)

7% of SEs is about 336 people. The hit is $128m in redundancy costs so that's about $380k for each one. No wonder there wasn't much left over for raises.

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#54 RE: Accenture payrises this year?
21/08/2009 09:22

Anon to Bob (#53)

A2 > C1, rated Very Top, £41k :-)

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#55 RE: Accenture payrises this year?
21/08/2009 09:30

Tony Restell (Top-Consultant.com) to Anon (#54)

For details of the 7% senior management cuts, see the Top-Consultant <a href=http://www.top-consultant.com/twitter_consulting_news.asp>consulting news feed</a>

It's because of developments like these that I wrote my piece this week "<a href=http://news.top-consultant.com/UK/news_story.aspx?ID=6049>Decision time looming for disillusioned Consultants?</a>"

Tony Restell

Top-Consultant.com

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#56 RE: Accenture payrises this year?
21/08/2009 09:43

new c1 to Tony Restell (Top-Consultant.com) (#55)

a2>c1 SA 41k :)

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#57 RE: Accenture payrises this year?
21/08/2009 10:19

and the farce continues... to deleted (#0)

ACN HR rocks! (sent out last night)

"To: All Career Counsellors/Line Managers in Consulting, Services and Solutions

Subject: UPDATE: Issue identified with Final Decision Forms – Please do not communicate decisions until further notice

We are still investigating the issue related to the Final Decision Forms which is also effecting a number of other geographies. Please do not communicate any decisions until further notice. We will inform you as soon as the issue has been resolved.

If you have already arranged to inform your counsellees of the final decisions tomorrow please can you postpone these meetings until next week. If this is not possible due to holiday or other commitments please contact your HR Rep.

Regards,

UKI Reward"

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#58 RE: Accenture payrises this year?
21/08/2009 10:28

Anon to deleted (#0)

Is that genuine?

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#59 RE: Accenture payrises this year?
21/08/2009 11:05

anon to Anon (#58)

well my CC has delayed my update call to next week so I guess so!

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#60 RE: Accenture payrises this year?
21/08/2009 13:01

Bob to anon (#59)

Genuine it is...

Will be amusing to watch from the sidelines if people have been told (ahead of tell week) that they've been promoted, and then it has to be rescinded because the promotion was never there.

Don't know why its so king hard to follow instructions: wait until x date to communicate decisions.

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#61 RE: Accenture payrises this year?
21/08/2009 13:19

Anon to Bob (#60)

I wonder what the issue they have identified actually is

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#62 RE: Accenture payrises this year?
21/08/2009 13:31

Anon to Anon (#61)

Its prob just corrections around money rather than promotions

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#63 RE: Accenture payrises this year?
21/08/2009 15:51

highperformance disputed to Anon (#62)

They have had THREE months to sort out ratings. Which is a ridiculous amount of time anyway! And now, on the day ratings are supposed to be communicated to LM/CCs - 'a system error'. It makes you really really paranoid. What is the point in delaying this info - nobody is getting a payrise anyway so the rating is irreevant for anyone not in for promo!

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#64 RE: Accenture payrises this year?
21/08/2009 16:27

ACNer to highperformance disputed (#63)

It's kind of a proof that nothing can be done correctly and wisely in this company.

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#65 RE: Accenture payrises this year?
21/08/2009 19:46

ACNer to ACNer (#64)

100% chargeability for the year and 0% payrise.0% one time payment. potential 0% bonus. A big fat O for filling up company's coffers all year round

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#66 RE: Accenture payrises this year?
21/08/2009 20:59

acner to ACNer (#65)

we're all in the same boat, we all feel the injustice but it is what it is. the decision has been made..not much else we can do about it, apart from jumping ship to somewhere else and you're entitled to do that.

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#67 RE: Accenture payrises this year?
21/08/2009 21:23

SEEE to acner (#66)

There were no pay rises in 2002 either post the dot com crash. Things picked up in subsequent years.

Everyone has to make their own choices about how to react. All will say to people who are fairly early in their career is that you can't spend any significant time in an organization without occasionally suffering short term disappointment. The important thing is the trend.

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#68 RE: Accenture payrises this year?
21/08/2009 23:30

Bob to SEEE (#67)

Injustice? Big fat zero for filling up coffers? I love this sense of entitlement that everyone seems to have these days. You get paid a salary (and a good one at that). The marketplace is not awarding pay rises. ACN UK has had a shocking year. So please explain the injustice. You big whinger. You're just the same as the millions of people on all the council estates saying "the government should pay for this that and the other...because we're entitled to it".

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#69 RE: Accenture payrises this year?
22/08/2009 00:04

ACNer to Bob (#68)

Yes, ACN UK has had a shocking year but the question is because of whom?

Surely not because of 100% chargable employees who work at least 12 hours everyday to meet the deadlines thightened by the SEs in order to meet the payment milestones or lower the cost to increase the margin.

It is because of snop SEs who choosed to increase the income by keeping the margins up instead of consantrating on sales growth. And this is the outcome. As long as the SEs dont try to understand the cause of the frustration that the employees have, this company will never ever become a "great place to work". As soon as the market picks up, there wont be anyone to do the ground work and then the SEs can enjoy their free times and wealth lifes.

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#70 RE: Accenture payrises this year?
22/08/2009 13:40

Anon to ACNer (#69)

Everyone is feeling it including the SEs. We all saw the global 7% cut and I am sure they wont be getting a bonus either.

That said it seems the company have only provided any reward to the top 2% who have been promoted. The very small bonus for the Top 30% is more of an insult and leaves those in the Sig Above catagory pretty unrewarded.

You would have thought they might have at least invested some of the cash surplus generated in the good times in keeping the top 50% interested not pissed and ready to leave as soon as things get better. They will need these people when things improve - which there seems to be early although slow signs of.

On a personal note I am not a happy bunny not having made promotion when on a high Sig Above and strong senior support. But I have to accept bad timing. The only decision now is to decide whether it is worth me waiting it out or if there are better options elsewhere.

Bit of a trapped situation when promo doesnt come through. You loose your leverage to go somewhere else and you are pissed with where you are.

Any thoughts? What is the logical not emotional answer?

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#71 RE: Accenture payrises this year?
22/08/2009 18:03

SEEE to Anon (#70)

For what it's worth I think that getting a raw deal once is never a reason to leave. That happens and has happened to absolutely everyone here whatever their level. Getting a raw deal twice is when you should say "enough".

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#72 RE: Accenture payrises this year?
22/08/2009 20:08

ACNer to SEEE (#71)

My answer is give back what you get. Only work 8 hours a day, have more social life and constrate on finding a good deal, not all the deals out are raw. You can get a promoted role in your new job. Until you find it, work as an average guy. I lost my beliefe in Accenture and will never ever work more than necessary to meet any deadlines to make the SEs happy.

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#73 RE: Accenture payrises this year?
23/08/2009 10:36

bob to ACNer (#72)

We might just have gotten to the root of the problem, why ACN is struggling in the UK. Having expanded too rapidly we've ended up weakening the previous strong culture of drive and ambition, replaced with a culture of entitlement and "if I don't get promoted I'm gonna have a strop and work 8 hours a day."

A couple of points for above posters: It's a public company - not much scope for smoothing results

between good and bad times.

Also, the margins are what drive profitability, which drives employee rewards. I'm quite pleased our leadership is not driving revenue growth at expense of profitability. Personally I'd much preferworking for a high margin business that a low margin one.

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#74 RE: Accenture payrises this year?
23/08/2009 13:51

Ex ACN to bob (#73)

Bob

I left when the culture of the company changed from a work hard play hard environment, expensive quality people with some inspirational leadership to one of work hard and be grateful you are employed by us, a huge influx of cheaper and lower grade staff and the majority of leadership being low grade brown nosers who never did anything apart from internal politics.

Reap what you sow.

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#75 RE: Accenture payrises this year?
23/08/2009 15:09

anon to Ex ACN (#74)

Bob is pretty spot on imo, although i feel sorry for the SAs/VTs who didn;t make it this time due to these conditions.

ooi, can anyone name any UK MC/IT Consulting firms who are doing payrises for a large minority/majority of their staff, or is Acn simply inline with the wider market.

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#76 RE: Accenture payrises this year?
23/08/2009 16:14

VT and V Nervous to anon (#75)

Got ranked VT and looking to make M (I am in MCIM)

With the delay in notifications, I am getting increasingly nervous and pessimistic so have resigned myself to missing out this time.

Does anybody have any idea what the "one off payment" will be like (as would hope for at least that) in terms of %ages - would I have been better off working the extra hours at Macdonalds instead?

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#77 RE: Accenture payrises this year?
23/08/2009 21:55

anon to VT and V Nervous (#76)

almost certain about not getting promoted this time in spite of SA / SA. Will it be worth waiting for next 6 months hoping that March promotions will be much better with many non-promoted would leave by then ? or should i just quit now ?

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#78 RE: Accenture payrises this year?
24/08/2009 00:45

ACNer to bob (#73)

Bob, i think we really nailed down the problem. It is the SEs who think asking for high margins brings high profitability by forgetting that we are also paying for everyone sitting on the bench. Instead of a high margins, at least during the credit crunchs, we could have gone for the revenue growth which would have helped us decrease the number of people sitting on the bench and make them chargeable. I think this would have helped us maintain the profits and then yes, reward the performance instead of giving a big fat 0 increase (oops, have i told increase??) to everyone including the bench, below to VT - please don't mention the one off payment for SA/VT since it is an insult more than a reward - I am planning to give mine and use my abondan the ship option - since i am entitled to do so.

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#79 RE: Accenture payrises this year?
24/08/2009 10:41

DCF to ACNer (#78)

Bob's point about preferring to work for a high margin business rather than a low margin one is superficially appealling, but worth some more considered thought.

What creates the margin? Um, yes - it's the difference between what they charge for you and what you get paid.

Does this margin manifest itself as a healthy bonus? Apparently not. Does it give the company a degree of resilience, allowing it to weather fluctuations in revenue without having to hack into its cost base by making redundancies? Apparently not.

If it did do either of these things I'd agree.

But as things generally stand, personally I'd rather work for a business that had a high and robust level of sales per employee / fees per capita, and which paid well. Unless you are a partner or shareholder all the high margin means is the cash you've earned finding its way elsewhere.

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#80 RE: Accenture payrises this year?
26/08/2009 08:56

anon to DCF (#79)

Any news on figures for payrises/promotions etc. I understand this week is tell 'week'. Must be extended to a week to compound the pain!

What greades did get promoted. who didn't? what's the HR line....

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#81 RE: Accenture payrises this year?
26/08/2009 09:42

anon to anon (#80)

There were promotions to all levels up to SM (albeit a lot less than usual), no idea if anyone made SE.

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#82 RE: Accenture payrises this year?
26/08/2009 09:51

anon to anon (#81)

As there were limited promotion sin March, and now limited promotions again in Sept, common sense states that there must be a huge backlog of candidates who are eligible, who are good enough but who haven't been pushed up. Is this a fair statement?

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#83 RE: Accenture payrises this year?
26/08/2009 11:04

Anon to anon (#82)

Absolutely correct statement. There is a huge backlog at the top of each level e.g. A3/4's, C4/5's etc..

Anyone have any idea what Accenture's strategy could be to remove these?

- Natural Attrition?

- VR?

- Create new levels e.g. AC1 (between analyst and a consultant), CM1 etc...

- Reset expectations for 'average' time at each level e.g. Analyst 3 years (instead of 2), Consultant 4 years (instead of 3) etc...

- ????

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#84 RE: Accenture payrises this year?
26/08/2009 11:52

Anon to Anon (#83)

This issue looks to be a bit of a time bomb. I expect a fair few of those at the top level that did not make it through will be good candidates for our competition - notably those actively building there practices

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#85 RE: Accenture payrises this year?
26/08/2009 12:11

anon to Anon (#84)

what is it like to work for accenture?

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#86 RE: Accenture payrises this year?
26/08/2009 12:51

anon to anon (#85)

I really enjoy it (not every aspect of it of course, but the majority).

Doubtless there will be those who don't, but hey, all companies are like that.

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#87 RE: Accenture payrises this year?
26/08/2009 19:47

anon to anon (#86)

If you aspire to be a back office IT implementation person it's fantastic, for anything else, you have about a 5% chance of getting interesting work.

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#88 RE: Accenture payrises this year?
26/08/2009 21:31

C1 to anon (#87)

So how will acn typically respond in a situation like this (i.e pay freezes). In the past they introduced one off mid year pay rises. Likely to do it again once things get better? Trying to gauge whether it's worth staying or leaving

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#89 RE: Accenture payrises this year?
27/08/2009 11:38

anon to C1 (#88)

I'm surprised this thread is slowly becoming dormant. I thought this week (tell week) would have hundreds of people flocking to write negatives about ACN. Unless it's not as bad as this forum makes out of course?????

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#90 RE: Accenture payrises this year?
27/08/2009 12:03

anon to anon (#89)

no it is as bad as it makes out, but the forum has been quite slow of late anyway.

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#91 RE: Accenture payrises this year?
27/08/2009 13:17

Bob to anon (#90)

Is there a backlog? Absolutely. There was already a backlog at A level (and a small amount at C) from March. Now that will compound. There won't be any specific action to unwind the backlog other than managing the business as usual. No new levels. Redundancy will be considered if redundancy is necessary to reduce overall headcount (not to manage promotion back-log). There won't be any "extra" promos next time, since promos are driven by business need and addordability. If people choose to leave then so be it. Good luck finding a similar role, at similar pay, in the market at the moment.

How long will it take to unwind the backlog? Depends on how many people do choose to leave, and how rapid the turnaround is. If we continue flat, the backlog won't be unwound next time, or the time after, or after that through normal promotions.

Should you leave or wait it out? Depends on if you can change company and get a promotion while doing so. Why would you leave, only to start another 1-2 year run-up in the new company?

If you hang around, is there any guarantee you'll get it next time? Absolutely not. You'll have the next wave of Very Tops reaching eligibility, so will very much depend on how well you perform next year and how rapid the recovery is.

Why no huge outcry over no pay rises? Because reasonable people shouldn't expect huge raises when the company is not doing so hot (whatever the reason for that happens to be).

Will they make one-off pay adjustments in the future? The reason this was done a few years back was because in a buoyant market they introduced negligible pay rises, which caused a huge exodus of staff. In that market they were all able to get better paid jobs. In the current market I very much doubt if such an exodus will happen (although people talk a good game). Ergo no one off pay increases on the cards. Only exception might be Analysts, half of who are not committed to a Consulting career anyway and simply joined ACN to earn some good cash over the first x years of their careers. But then the question is whether they will be missed anyway, as might just be a good way to clear some of the promotion backlogs, and make roo for new grads.

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#92 RE: Accenture payrises this year?
27/08/2009 20:41

Anom to Anon (#83)

With regards to the below statement -

Anyone have any idea what Accenture's strategy could be to remove these?

- Natural Attrition?

- VR?

- Create new levels e.g. AC1 (between analyst and a consultant), CM1 etc...

- Reset expectations for 'average' time at each level e.g. Analyst 3 years (instead of 2), Consultant 4 years (instead of 3) etc...

- ????

Reseting of expectations is the way - Graduates are now told 2-3 years for promotion to consultant and 3-4 to manager - so to me that is trying to reset expectations at entry level. For sure you can get promoted in 2 years but the I think a 3 year promotion to analyst will become the norm.... otherwise why will recruitment say this???

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#93 RE: Accenture payrises this year?
27/08/2009 21:53

ACNer to Bob (#91)

It looks like, acn is counting on the market conditions and thinks noone can find a better job in the current climate. It may be valid for the time being but if the market conditions improve by the xmas time (which is more likely to happen), i dont think anyone will wait until september to get a salary increase instead will find another company which pays better than acn and treats its employees much better than the arrogant partners in acn. then Bob will have enough time to identify the problem and solve it :)

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#94 RE: Accenture payrises this year?
28/08/2009 06:58

Anon to ACNer (#93)

Chaps,

Don't listen to people like Bob. I am an analyst and had multiple phone calls every week with jobs paying 5-10k more than I'd have got if I was a C1. There are jobs out there and the pay is equal or better so I don't buy into the whole idea everyone will stat because there's no jobs.

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#95 RE: Accenture payrises this year?
02/09/2009 16:42

Ex-ACN VR to Anon (#94)

OK, You are right there are jobs out there.....They are just a lot harder to get.

But there are 2 issues here.

1. Why would agencies call about jobs if they didn't exist

2. How many people are getting these calls from agencies ?

1. Read this forum, Every day people talk about agencies calling with non-existent jobs just to get people on their books - Be very wary of agencies that can't send you job specs or refuse to tell you the employer

2. When I took VR from Accenture I was lucky enough to be able to go contracting but I have ex-collegues who went for permy roles through agencies and what they found was an employer will have 6-8 preferred suppliers in agencies, Each of those is allowed to submit 2 CV's for a role equalling 12-16 CV's wittled down to 8 interviews !!! If the agencies are lucky.

The issue really with just jumping ship (And I am just being honest!) is that each of those agencies will get on average 200 CV's for the position mentioned in your posting and will be allowed to submit 2 !

Don't be nieve enough to think you aren't the 20th call they have made that day !

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#96 RE: Accenture payrises this year?
06/09/2009 10:02

cp to Ex-ACN VR (#95)

I spoke to one of my colleagues in America who made it through to Manager - still no payrise but did instead a one off payment.

Accenture always finds a way to screw you all over the world!

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#97 RE: Accenture payrises this year?
09/09/2009 10:13

Manager UK to cp (#96)

Just heard from a SE that new VR's are to be announced later in the month, have you heard anything ?

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#98 RE: Accenture payrises this year?
09/09/2009 12:17

anon to Manager UK (#97)

Hmm, seems unlikely, i'd have thought they'd wait to see who will go through natural attrition due to counselling out process and those disaffected people leaving given no payrises etc.

Not sure if they have some sort of ideal ratio for SE:Non SE staff in the firm which they'll need to realign to after the SE downsizing.

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#99 RE: Accenture payrises this year?
09/09/2009 13:04

Bob to anon (#98)

This article provides some thoughts on the SE/non-SE ratio:

http://blogs.zdnet.com/sommer/?p=584

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#100 RE: Accenture payrises this year?
10/09/2009 10:02

someguy to Manager UK (#97)

Straight from the horse's mouth (SI) - bench is lower than historical averages - there is a good pipeline in both nearshore and offshore work - so don't expect another VR round in the next 6 months or so.

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