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Redundancies at PA's BOP practice?

 
forum comment
#0 Redundancies at PA's BOP practice?
 
BOPper
30.11.8 00:00
 
With all the people on the bench in BOP right now, and our pipeline looking so weak is it likely that redundancies will start soon?
 
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#0 RE: Redundancies at PA's BOP practice?
 
n
30.11.8 00:00
 
I would've thought BOP is one of the most sellable services so I'd be surprised if business didn't pick up.
 
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forum comment
#0 RE: RE: Redundancies at PA's BOP practice?
 
TBA
01.12.8 00:00
 
BOP is still heavily reliant on smaller public sector jobs, particularly since some of our larger government jobs have finished in the past month or two. Given the whole memory stick debacle, and the pressure on government spending, I’d say that BOP business is unlikely to pick up any time soon. Expect more pressure from our partners to take holidays and training well into the New Year.PA’s heavy focus on bonus though, should keep redundancy numbers low. The model is designed so that in hard times, such as these, the bonus amounts dry up, and staff are encouraged to leave of their own volition. This saves the business a lot of money on redundancy payments.
 
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forum comment
#0 RE: Redundancies at PA's BOP practice?
 
On anon
01.12.8 00:00
 
Not sure what data you're looking at "BOPper" but weekly revenue for BOP is hitting budget give or take a few percent.
 
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forum comment
#0 RE: RE: Redundancies at PA's BOP practice?
 
???
02.12.8 00:00
 
Pipeline may not be the best but looking on the system it's been a pretty decent year for them all told. As above, if it's a slow start to the year PA banks on people taking the bonus and leaving which will cull the numbers significantly.
 
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#0 RE: RE: RE: Redundancies at PA's BOP practice?
 
Old Timer
12.12.8 00:00
 
With bonuses likely to be very weak next year, if you're not getting at least a 3.5 then you'll get very little. I’d say we will see a lot of people get a 1 and go on a PIP in the new year, which would result in an increase in attrition. This is the approach that PA used in the last downturn, so they’ll probably do the same this time. It saves on redundancy costs.We're also getting same pressure we got in the early noughties from the partners to take long holidays around Christmas, to massage the year end utilisation figures. Not a good sign. We’re in for a real rollercoaster over the next six months
 
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#0 RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
anon
12.12.8 00:00
 
so did the person who lost the momory stick get sacked?
 
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#0 RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
mr burns
12.12.8 00:00
 
As also an "old timer" I'm surprised you say about bonuses, the year has been pretty good and there are clear rules about how much profit should be paid out (unlike friends elsewhere whose companies seem to be taking 10 months of good performance, 2 months of bad performance and making it equal little or no bonus). Also, you should know the number of 1s is limited by the bell curve.The last downturn they just stopped hiring, given 30% attrition rates in consultancy anyway headcount drops off pretty quick, it's only the crap that get pushed out by PIPs.
 
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#0 RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
PAer
12.12.8 00:00
 
PA still seem to be hiring new people, the Project Mgmt Practice is anyway!It doesn't seem like the strategy of a company that wants to make cut backs in the new year
 
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#0 RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
MH
12.12.8 00:00
 
At least 3 got sacked
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
tommy
13.12.8 00:00
 
what is a PIP?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
Johnny
13.12.8 00:00
 
A PIP is an APL / CID
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
RH
13.12.8 00:00
 
A PIP is a method of a) weeding out low performers (and, occassionally, improving their performance); b) culling headcount by stealth without paying redundancy while minimising the risk of getting sued for constructive dismissal (doesn't always work though)
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
anon
13.12.8 00:00
 
PIP = Performance Improvement PlanThis is the formal way of getting under-performing employees back on track by addressing the specific underperformance issues. The plan should set out clear steps, goals and performance measures/levels. If, at the end of the plan period, the employee has met those goals and demonstrated the required performance, they come off the PIP and are regarded as "meeting expectations". If the employee has not met the goals, a new PIP may be drawn-up, or the employee may be dismissed.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
anon on on
13.12.8 00:00
 
PA have a staff turnover rate of 30% ???That really can't be sustainable, even if PA's pipeline of new business has collapsed since the recession and the memory stick.No need for redundancies if you can only keep your staff motivated and happy for 3 years
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
mr burns
13.12.8 00:00
 
30% is the average consulting industry rate. PA's rate is closer to 10-15%.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
not bad
13.12.8 00:00
 
30% is pretty average for the industry, average career of 3 years. Think of all the MBBB people on here who stay 2 or less even before being booted, sorry, moving on to "better" things.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
anon
14.12.8 00:00
 
For those that went to the staff talk on Friday, you will have heard that financially this year for PA is set to be the highest on record.As a company that operates globally in 30 or so countries, across 11 or so industries and 5 or so major service areas, there is a lot more to company than usually discussed here.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
anon
14.12.8 00:00
 
"For those that went to the staff talk on Friday, you will have heard that financially this year for PA is set to be the highest on record."Though that's not necessarily any great commendation or unusual in the industry - all it means is that the business hasn't shrunk. The industry as a whole is still growing and a rising tide lifts all boats. Market share and profitability, both of which fell this year, would have been more convincing statistics."As a company that operates globally in 30 or so countries, across 11 or so industries and 5 or so major service areas, there is a lot more to company than usually discussed here."True - this thread is only meant to be about BOP.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
bonus pool yey!
16.12.8 00:00
 
Market share almost impossible to calculate (where are the boundaries of what is “consulting” and what sectors/ industries/ countries do you focus on) but profitability up at PA this year.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
Compared to what?
19.12.8 00:00
 
All compared to last year though? Was last year so good? Didn't a load of people get booted last year because the bonuses didn't look so clever?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
BOP beater
19.12.8 00:00
 
Looking around the 4th floor last week, there wasn’t much desk space. Not a good omen for the new year.At least the BOP Christmas party was good fun last night. If things really tank in 2009 like most commentators seem to think, it might be the last cause for celebration we have for a while.What a number of contributors on this thread have overlooked is that 2009 is likely to be a lot harder than 2008. Just because we, like everyone else in the market, had a respectable year, we are unlikely to see the same conditions in the immediate future.Deloittes, Accenture, and everyone else are starting redundancies. It’s only a matter of time before PA, and generalist body shopping practices like BOP and POC in particular, start to shed people. There wont be much room for generalist process mappers to hide.Now I must get back to nursing my sore head. This hangover could take a long time to clear.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
sigh
20.12.8 00:00
 
"All compared to last year though? Was last year so good? Didn't a load of people get booted last year because the bonuses didn't look so clever?"Compared to last year being a record year for the company. The reason you may think that PA does badly in the market is that it works a pretty clear meritocracy system. Do good work, get a good bonus. The ones on here sniping that there is no money and everything is doomed are those with too much time on their hands, hence get poor pay rises and bonuses. PA actually makes a lot of money.PA rode out the last downturn with only a few redundancies, could be worse this time but the part of the business I'm in has a very healthy pipeline next year.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
PA-er
20.12.8 00:00
 
"PA rode out the last downturn with only a few redundancies, could be worse this time "How many people were made redundant last time?
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
PA-er
20.12.8 00:00
 
"PA rode out the last downturn with only a few redundancies, could be worse this time "How many people were made redundant last time?
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
Yawn
20.12.8 00:00
 
Sigh - you too are wasting time on this site. I guess that makes you a complete loser with an invalid opinion, no?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
sigh
20.12.8 00:00
 
"Sigh - you too are wasting time on this site. I guess that makes you a complete loser with an invalid opinion, no?"Many of the opinions on here completely misunderstand PA's business model, history and pipeline , hence it's easy to pick holes. They're either put on by outsiders or junior staff as everyone above PC can see the performance of the company updated weekly and would know things are pretty good. PA had minimal redundancies last time. Officially, it didn't sack anyone but that's not quite true. Still better than competitors laying off double digit numbers before things have even really got bad.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
anon
22.12.8 00:00
 
I spoke with someone in HR recently, and there is a real push to increase the numbers of 1 ratings for 2008. Constructive dismissal by another name.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
Yawn
23.12.8 00:00
 
Sigh - you say "Many of the opinions on here completely misunderstand PA's business model" But that suggests some opinions do completely understand, eh?"I spoke with someone in HR recently, and there is a real push to increase the numbers of 1 ratings for 2008. Constructive dismissal by another name."Anyway, no one really cares about this debate - half a dozen disaffected people vs a couple of brain dead corporate drones. No one cares. Enough already! Start your own PA blog in your own playground and keep out of this site and boring the rest of us to death!
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
Scrooge
24.12.8 00:00
 
Is PA the only consulting company that forces you to take Christmas eve as a holiday, unless you are on client site or in the office?Nice that we trust our people so much!!
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Redundancies at PA's BOP practice?
 
Scrooge
24.12.8 00:00
 
Is PA the only consulting company that forces you to take Christmas eve as a holiday, unless you are on client site or in the office?Nice that we trust our people so much!!
 
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forum comment
#0 PA's Dinosaur approach to its people
 
Bopper
24.12.8 00:00
 
"Is PA the only consulting company that forces you to take Christmas eve as a holiday, unless you are on client site or in the office? "Probably. It's also the only consultancy run on principles straight out of A Christmas Carol whereby the Scrooge like Managing Partners:- give their staff significantly less annual leave than competitors - 23 days compared to 26 at Deloitte, 28+ at Accenture et al- give pay rises based on the average income the previous year, thus avoiding actually paying out the full amount- take back 20% of bonuses from staff into some Byzantine scheme for ensuring staff can't spend the money they are entitled to for the following three years- Charge employees the 11% Employers NI cost on Bonuses - using the same logic it's surprising they haven't started charging staff for desk space or heating the offices - haven't increased the travel allowance for 18+ monthsSadly, it would seem that despite the ongoing high levels of voluntary turnover in the more junior consulting grades, there's no inclination to at least match the remuneration packages offered by competitors.Personally, I've had enough, so despite the brilliant people this will be my last xmas PA.
 
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forum comment
#0 RE: PA's Dinosaur approach to its people
 
Be Bop
24.12.8 00:00
 
Travel allowance was last increased in 2003
 
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forum comment
#0 RE: RE: PA's Dinosaur approach to its people
 
Another BOPper
27.12.8 00:00
 
Word is that the so called bell curve will be massaged to ensure lots more 1's and 2's this year to save on redundancy costs.Specifically to get back to BOP - nice to see the practice partner didn't leave everyone stranded at the Christmas party like he did the previous year.The BOP pipeline for January is looking very weak, especially since we've had so many people come back from projects before Christmas. I don't think prospects will be good for 2009.
 
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forum comment
#0 RE: RE: RE: PA's Dinosaur approach to its people
 
a while to go
29.12.8 00:00
 
On the plus side for poor performers, they do have time to get another job. Scores come through in March, then you'll have at least 3 months of PIP to turn it around (if you even want to). PA also don't provide any commentary in references as to your performance so your new employer would never know if you're Coco the Clown or not. Of course, it's hard finding alternative employment at the moment, but PA's stinginess in not paying redundancy does at least keep the wolf from the door for a while.
 
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forum comment
#0 RE: RE: RE: RE: PA's Dinosaur approach to its people
 
New yr at PA
07.01.9 00:00
 
So here we are in 2009, and my oh my how it has begun with a bang.NOT !
 
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forum comment
#0 RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
nc
09.01.9 00:00
 
Has anyone actually been made redundant yet?
 
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#0 RE: RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
pc
09.01.9 00:00
 
I think its unlikely that anyone will need to be made redundant. The easiest thing for the company to do is to increase the number of 1 grades, and to freeze pay for all but those on top end 3 or 4That's what PA did in 2001 - 2003, and it worked then. They will likely do the same thing during this recession.Although if we can't sell any work, more drastic measures will be needed.
 
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#0 RE: RE: RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
nc
10.01.9 00:00
 
A great place to work, then?The grass is rarely greener though
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
BOPster
17.01.9 00:00
 
As ever, negativity from (presumably) those current poor performers or disenchanted folk who have already left?The facts are these:1. BOP had a very good financial year last year, significantly better than 20072. Yes, 2009 is going to be more a difficult year for everyone (congratulations to those who spotted that - absolute genius)3. BOP are currently recruiting. Admittedly, as with any other year they expect natural attrition.4. There have been opportunities which have dried up as clients tighten their purse strings which in another year might have developed - hardly rocket science.5. There's still plenty of work about for those of us who are any good.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
Eee Ore
17.01.9 00:00
 
"There's still plenty of work about for those of us who are any good. "Not true. Most of the Principal Consultants have been on the bench since the start of December.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
Query
18.01.9 00:00
 
Hi BOPsterHow did the lost memory stick affect PA's relations with central government?
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
Bopster
18.01.9 00:00
 
I'd have to agree, December was a quiet month. I hardly think that a slow month is cause to hit the panic button? Most (if not all?) of the PCs you mention are now sold....
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
Query
20.01.9 00:00
 
Hi BOPsterDo you have an answer for how the lost memory stick affect PA's relations with government? It must have really hurt the credibility of the organisation. Looking at it from the outside, it was a complete farce.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: PA's Dinosaur approach to its people
 
EXPAt
20.01.9 00:00
 
Literally not a jot. For right or wrong, none of the government clients gives a sh*t - to the extent that the same PA consultants have already been brought back onto the affected project, albeit under a different project's contract. Sure, wining and dining with partners had to go on hold for a couple of weeks but the thing was out of clients' minds as soon as it was out of the press (i.e. a couple of weeks). Frankly, you can hardly blame them - they'd be taking as much or more of a gamble if they entrusted civil servants or any other "contractancy" with the data.
 
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forum comment
#0 PA Consulting - Recruitment Open Evening
 
mba0809
22.01.9 00:00
 
GuysI've been invited for this Recruitment Open Evening on Jan 28, London. http://events.top-consultant.com/UK/careerconference.aspx?ID=389I'm a current MBA student and I'll have to travel to London to attend this.What are you takes on this event. Would it be of any use to me in accordance with a job or a summer project. Or should I just stay back and attend my Economic lectures :) ???Please help.
 
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