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Where to head?

 
#1 Where to head?
09/05/2013 15:01

sharry

Hi All,

Good Afternoon.

I am currently working as Sr.Con with Capgemini. I have 8+ yrs of experience working on client facing role as Data Analytic Expert. Its been 2 yrs and I feel I am not growing at all either professionally, financially or personally (not learning). I am stuck in a role where client is happy to pay cap for my services for next year or so but I will be doing same stuff.

I will appreciate if you can help me to decide what will be good choice now that can reflect after 5 yrs in my career.

I have offer from KPMG - Its one of the advisory role but they are paying less than what I am getting. They said they have calculated everything and they are paying what other people at same role is getting in their organization. The role is with Risk and Forensic data analytic team.

How can KPMG help me in long term?

Should I make a move less than what I am getting now?

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#2 RE: Where to head?
09/05/2013 15:15

Bravehearted to sharry (#1)

Sharry

I'm stunned KPMG offered less than what your "as-is" - isn't it the norm for the new employer to offer more - or at least match a candidate's current salary?

Why don't you tell Cap that you have an offer from KPMG - in a nice, modest way and see if they increase your current salary? Since you're keeping the client happy, it may be an hassle for them to replace you and just rather up your pay?

Actually quite surprised that Cap are paying more than KPMG for a role that supposedly the same. In my experience, it was the other way round.

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#3 RE: Where to head?
09/05/2013 15:17

Bushy Eyebrow Partner to sharry (#1)

Should I make a move less than what I am getting now?

Definitely not!

Plus, personal development is over-rated. How long did you spend in school? Do you really think that extra learning is required now? Extra skills and knowledge are always useful, and if you can get it for free from your job then you obviously should, but now is the time to be cashing in on all that education. Don't lose sight of the purpose of going to work: to earn money (learning, of itself, is not the reason we go to work).

Also, what is the difference between growing professionally vs. growing personally?

Basically, all you need to do is follow the money. A lot of people say that you have to gain skills, do more training etc in order to progress. I think it's the other way around. Follow the money and the skills and learning will take automatically care of themselves.

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#4 RE: Where to head?
09/05/2013 15:26

sharry to Bushy Eyebrow Partner (#3)

Thanks Bravehearted and BEP.

How KPMG reached this decision though? My first interview was with Partner than director and than case study/test. Its was other way around in my case.

I have no experience in Risk Consulting and Forensic though. I have not accepted the offer and buying some time to decide. Meanwhile I am waiting for other two companies to come up with offers (I am expecting by tomorrow or Monday). The name of those two are SAS and Sopra.

I have already rejected offer from Indian MNC.

I am techy and looking for business learning opportunity. In past I have worked for IBM and Dell.

Frankly, I feel cap is more around service and implementation - donkey work where you keep working in same project just developing new piece of software.

Do you think KPMG will offer anything better in terms of work? PS: I am making an application today to another Big'4 through a recruitment agency.

Cherrio

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#5 RE: Where to head?
09/05/2013 16:37

Bushy Eyebrow Partner to sharry (#4)

I expect the work at KMPG will be quite a lot more varied than your current role.

But, don't be too quick to diss donkey work. There is something comforting about being in a slow-burn, long-term, steady project where you know your team, what you're doing, and what time you'll be home every night.

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#6 RE: Where to head?
10/05/2013 14:17

sharry to Bushy Eyebrow Partner (#5)

Hi BEP,

Can you tell me what does they exactly do in advisory?

Cheerio,

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#7 RE: Where to head?
10/05/2013 14:29

tom1 to sharry (#6)

Wow. what a question.

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#8 RE: Where to head?
10/05/2013 14:35

marsday to sharry (#6)

@sharry they don't say Cherrio in Advisory, toodlepip is more acceptable.

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#9 RE: Where to head?
10/05/2013 14:57

sharry to tom1 (#7)

Hi Tom1,

Apologies for my ignorance. Can you please tell what exactly is done.

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#10 RE: Where to head?
10/05/2013 22:47

cloudnumbernine4u to Bushy Eyebrow Partner (#3)

Perfect advice by BEP...!

dont even think about joining KPMG or for that matter any company that offers you less money than what you get now..even if they offer same, I would still not suggest joining..

when u join a new company , you basically start from scratch, you have to build your network, make a mark and gain confidence of management that you are worth your value. This is always a risk, so it should have an equivalent reward.

about long term career and all, again, anything that pays you more would be important..if that doesnt work out, you can always find another one paying even more.

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#11 RE: Where to head?
12/05/2013 01:47

dtang to sharry (#1)

Is KPMG paying less in terms of total comp or just salary? Also, what about annual raises? You mentioned Capgemini is basically not giving you any raises.

Typically advisory roles have much compensation growth than IT execution ones, so even though you are making less now w/ the KPMG offer, you may be making more in a yr... and potentially a lot more when you switch jobs again.

So here's my take... between KPMG and Capgemini, if the diff in total comp is marginal and the KPMG role puts your career in a positive trajectory instead of the plateau you seem to be at w/ Capgemini... I would go w/ KPMG.

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#12 RE: Where to head?
13/05/2013 11:26

marsday to sharry (#1)

The longer you stay at your current level the cheaper you are actually getting. Remember there is no actual 'market rate' per se, there is only what an organisation is willing to pay for your skills. You may in fact be plateauing because of the type of work you are doing rather than the organisation, and Cap likely to be paying you on this plateau. With little chance that your billable rate will climb much, dont expect your comp to climb either.

I suggest look more closely at the KPMG offer. While not pure advisory consultancy their risk work will put you squarely into one of the hottest markets around - data management and governance for regulatory reporting. Go to KPMG and get yourself on any decent reg project for 12 months (even 6...) whether its SII, DFA, whatever..and you will be looking at a good hike when you move or go contracting.

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#13 RE: Where to head?
14/05/2013 10:52

sharry to marsday (#12)

Thanks to all.

The offers from SAS and Sopra are now in back burner because they requirement changed for the resource they are looking for.

I think destiny is pushing me towards KPMG. The difference in comp is 2K per year. I believe that this 2K can be covered in long term career. I am 30 and have a long career ahead. Joining KPMG will give colors to my CV. I am planning to do FRM and TOGAF after joining KPMG and will join their Data Architect team.

Any thoughts.

Regards,

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#14 RE: Where to head?
14/05/2013 18:39

Calibri to sharry (#13)

I don't think there's anyone on this forum who can stand in the way of your destiny.

ZB could have done, but he hasn't been on here for years.

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#15 RE: Where to head?
15/05/2013 08:04

marsday to Calibri (#14)

ZB transformed himself into pure thought leadership and doesnt have access to social media anymore.

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#16 RE: Where to head?
15/05/2013 10:31

Mr Cool to marsday (#15)

I always assumed he'd sublimed into a higher being no longer reliant on a physical body; imparting knowledge to lesser beings through pulses of background radiation.

Sorry... Clearly read too many Ian M Banks novels

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#17 RE: Where to head?
15/05/2013 11:22

Bushy Eyebrow Partner to Mr Cool (#16)

Maybe he talked to a headhunter who started talking about new opportunies in "space" and misunderstood what was meant.

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