Search:
search button
which is the top recruitment agencies in India?
 
2 posts
20.12.17
Boutique vs Big 4
 
4 posts
13.12.17
Big 4 Pay scale for Risk Assurance - Manager
 
1 posts
22.11.17
Moving to consulting with a non-business background
 
1 posts
22.11.17
Business Consulting in the Digital Era
 
1 posts
21.11.17
KPMG taking on significant nos of contractors?
 
2 posts
24.11.17
MBA@UNC Questions
 
1 posts
18.11.17
HSBC Band Progressions
 
4 posts
01.03.18
hakiri ?
 
3 posts
15.11.17
Next career move dilemma
 
8 posts
16.11.17
StreetSmart Business School
 
1 posts
13.11.17
Can writing a book help you to get clients if you don`t have a portofolio
 
1 posts
12.11.17
Interview Question Help - From tech to business consulting
 
1 posts
12.11.17
Big 4 Advisory exit opportunities after 3 years
 
7 posts
08.12.17
Will a book get me clients?
 
14 posts
01.03.18
CV Writing Tips For Freshers
 
1 posts
01.11.17
Flying by the seat of my pants
 
2 posts
01.11.17
PWC selection event for experienced hires
 
1 posts
23.10.17
New graduate choosing between London and Malta for the same position in the same big4: advice needed!
 
3 posts
23.10.17
Big4 Salary negotiations
 
2 posts
06.11.17
Leadership
 
2 posts
14.11.17
Assigned Versus Emergent Leadership
 
1 posts
17.10.17
Federal technology practice: Deloitte vs. Accenture
 
1 posts
14.10.17
ISO Certification Bodies, ISO Training, ISO Management in Singapore
 
1 posts
05.10.17
Should you study for an MBA?
 
1 posts
04.10.17
Applying from Cambodia for Consulting Traineeship in Europe?
 
2 posts
25.10.17
Challenges faced by healthcare services companies
 
10 posts
30.05.20
How to become a consultant?
 
3 posts
29.09.17
KPMG E/D grade salary ranges (London) - Offer
 
1 posts
27.09.17
How tough is life on the road?
 
1 posts
26.09.17
Accenture experienced hire job offer
 
5 posts
11.10.17
KPMG Assistant Manager
 
6 posts
04.10.17
KPMG and Barclays offer
 
14 posts
01.10.17
How inconvenient do you find working out of town?
 
1 posts
14.09.17
What are the key differences between the big 4?
 
5 posts
28.11.17
Data on UK Consultancies
 
3 posts
14.09.17
Capco UK - Thoughts?
 
1 posts
07.09.17
Policies, strategy and operating plans
 
1 posts
05.09.17
Deloitte Senior Consultant offer
 
10 posts
27.05.19
EY (TAS OTS) v/s Deloitte (S&O)
 
2 posts
18.10.17
BCG UK core benefits
 
2 posts
01.09.17
Disability and Consulting
 
6 posts
30.11.17
HSBC GCB4 - Salary London
 
1 posts
24.08.17
Accenture Strategy
 
1 posts
23.08.17
Salary band 'compression'
 
5 posts
20.10.17
Best operations consulting
 
2 posts
20.08.17
Experienced start in SaaS - BigFour
 
5 posts
21.08.17
Joining consulting from a 2nd tier business school (MBA level)
 
3 posts
25.08.17
Question for established & expereinced consultants
 
1 posts
31.07.17
Deloitte Audit and Assurance
 
3 posts
31.07.17
 

KPMG and Barclays offer

 
forum comment
#0 KPMG and Barclays offer
 
PrabhuS3206
20.09.17 00:00
 
After having spent 14 years in various IT roles for an Indian IT outsourcing company, I now have to make a difficult choice between an offer from KPMG advisory (assistant manager) and Barclays (assistant vice president). KPMG offer in London and Barclays in Knutsford. I understand KPMG is a consulting role, and will involve a fair amount of travel. The offer (pay) that I am getting from both companies is almost similar and I am really looking for some insights from people who have been in a similar situation or worked in either of these companies. Many thanks.
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
marsday
20.09.17 00:00
 
1. tell both you have a comparable offer elsewhere and are on the fence - see which one will break the deadlock2. IT in banking is a cost center. So cost center v profit center.3. AM feels a little low-balled from KPMG - push for M and see point 1.4. Banking IT - you have to move to improve. Don't expect progression in role or your comp to improve much. You'll have to move roles more frequently. That said, total comp likely to overtake consulting in the mid term (depending on what area of IT you are in).
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
PrabhuS3206
20.09.17 00:00
 
Thanks marsday, appreciate the quick response.The Barclays role is in retail banking and will be up in Knutsford.I did feel a bit short changed with the KPMG AM offer as well , but having come from a significantly smaller organization this was a step-up. I have spoken to both on the package and have got stonewalled. KPMG claim that they can promote me in the next one year but i would reckon that comes with conditions applied.
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
MikeTC
20.09.17 00:00
 
Everyone claims you can go up in a year. Nearly nobody does.
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
Anon MCs
26.09.17 00:00
 
HiI personally think you are looking at this the wrong way...You are in a great position to choose 2 life choices, rather than just 2 jobs with around the same package:1) Consulting in London. Fast paced, travel, potentially varied clients and work. If you are an "eat work for breakfast / lunch / dinner" and are very good at office politics, you are going to do very well here. But if none of the above are you, then you will be stuck in the nether regions of obscurity for years to come2) Banking in Knuttsford (note the town has a "double tt". If you are going to take either offer, your attention to detail needs to improve massively)Its a town North of England near ish the Lake District. Your money will go a lot further, an AVP salary in London can be a struggle... in a place like Knuttsford it will give you a very comfortable life. The pace is still fast and the work interesting, but it will not have the same "spice" as the KPMG work which will be varied and involve a number of locationsThe great thing is that you have 2 different life choices rather than roles. Would I choose one over the other because of a few hundred quid? Absolutely not!!! This is far more about what life YOU want to live, with each one giving you a different take of Tech life.Best of luck and enjoy whichever you choose, both have +ve and -ve to them.
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
marsday
26.09.17 00:00
 
[quote]HiI personally think you are looking at this the wrong way...You are in a great position to choose 2 life choices, rather than just 2 jobs with around the same package:1) Consulting in London. Fast paced, travel, potentially varied clients and work. If you are an "eat work for breakfast / lunch / dinner" and are very good at office politics, you are going to do very well here. But if none of the above are you, then you will be stuck in the nether regions of obscurity for years to come2) Banking in Knuttsford (note the town has a "double tt". If you are going to take either offer, your attention to detail needs to improve massively)Its a town North of England near ish the Lake District. Your money will go a lot further, an AVP salary in London can be a struggle... in a place like Knuttsford it will give you a very comfortable life. The pace is still fast and the work interesting, but it will not have the same "spice" as the KPMG work which will be varied and involve a number of locationsThe great thing is that you have 2 different life choices rather than roles. Would I choose one over the other because of a few hundred quid? Absolutely not!!! This is far more about what life YOU want to live, with each one giving you a different take of Tech life.Best of luck and enjoy whichever you choose, both have +ve and -ve to them.[/quote]That, Anon MCs, is spot on.
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
detoilet Consultant
26.09.17 00:00
 
Haha Just reading Anon's comments on Knutsford.A very southern view if you were to ask me. Anon have you ever been past Watford Gap ? :-)Firstly, there is 1 T in Knutsford. Secondly, it is nowhere near the Lake district - unless the lakes you are referring to are the Ponds in Wayne Rooney's, Paul Pogba's or David Beckham's mansions (or any of the other Man City, Man U, Everton or Liverpool FC residents). It is faster to get to London than the Lake District.The list of residents I just quoted gives you a clue to the next point. It is not cheap. It sits in one of the wealthiest parts of the UK -yes in this small town average house prices are more than double the National average (its the go to place for footballers, TV stars and the wealthy) - but not quite Kensington and Chelsea prices - but other than Mars who can afford to live in K&C the vast majority of Consultants working in London are probably in the cheaper run down suburbs like Islington :-) However, nearby there are plenty of Cheshire Villages or even Manchester is a commute away where property / cost of living can be cheaper, personal choice where you end up Salford or Knutsford, but factor in the commute to your decision (London Underground there isn't) and cost of living in Knutsford and immediate surrounds (Alderley Edge, Wilmslow etc) is expensive.Other pluses for Knutsford; International Airport very near (Manchester), decent football teams to choose from, Manchester and Liverpool not far away and Snowdonia (haha is nearer than the Lakes) and with the sort of clientele listed above as residents if nice restaurants, boutiques, trendy bars and country walks are you thing this would suit you. Finally, with the above if you have or intend having a family excellent schools and air quality compared to the smoke. Plus you may even be featured on Cheshire Housewives.DC
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
PrabhuS3206
27.09.17 00:00
 
Thank for the input guys.. really useful. I m not really after the money at this point and I m quite open to life in either London or Knutsford. The only decision that I need to make now is what either of these roles will provide me in terms of career growth, salary hikes , opportunities, experience etc. Would my CV look better with a KPMG or Barclays name on it?
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
marsday
27.09.17 00:00
 
Which 'looks better' on your CV will depend to a large extent on what you intend to move onto.My reservation about Barclays, or more specifically Knuttsford (two tts) aside of that it's north of the Watford Gap so effectively an international move, is what networks are you likely to build outside of Barclays? If you need/want to move on from that role, are you then going to have to move back South to secure your next FS role, without local networks and sponsors and with the hassle and cost of then trying to get into the local market. The flip side is that a move to KPMG will, probably, just be a delay on you joining...Barclays. With 14 years in IT outsourcing under your belt I would bet my last diamond encrusted cereal bowl that that you'll be looking at KPMG as an interim move within a year (as lets be blunt they'll have you doing much the same work) and wind up joining a client anyway. Though you'll come out with good networks if you a. play your cards right and b. dont get stuck in one protracted project somewhere north of the Watford Gap...
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
detoilet Consultant
27.09.17 00:00
 
It's definitely 1 T ! - suppose I should say the K is silent too :-)However, thought i'd add having worked at Radbroke Hall (albeit many years ago) there was a definite food chain there.Basically there are about 3-5k people working there (well they did when I was there). Most of them are the big IT outsourcers - think Capita, Accenture (who had 1000+ at that time), Fujitsu, Some Dutch Telephony company I can't remember the name of and your usual consultancies doing small projects KPMG, PWC etc etcHowever, whilst many of the residual Barclays staff had been TUPED over to the outsourcers there was a core that remained as Barclays staff. They were up the food chain in the CTO/CIO domains. An Assistant VP here definitely feels up the food chain from asst manager at KPMG. At that level you are more likely to be shaping / hiring KPMG than playing to their tune. I just checked in linked for the asst VP I worked with. It appears he left Barclays to become a Partner at PWC. He may be an unusual example.DC
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
PrabhuS3206
27.09.17 00:00
 
Great stuff thank you. Coming to the money part - 1)Does KPMG provide a daily allowance for working on client sites. Any indiactive numbers ? 2) Does it include travel?3) Are there separate policies for London based client sites.Something I missed out on asking during the interview process.
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
Anon MCs
29.09.17 00:00
 
[quote]Haha Just reading Anon's comments on Knutsford.A very southern view if you were to ask me. Anon have you ever been past Watford Gap ? :-)Firstly, there is 1 T in Knutsford. Secondly, it is nowhere near the Lake district - unless the lakes you are referring to are the Ponds in Wayne Rooney's, Paul Pogba's or David Beckham's mansions (or any of the other Man City, Man U, Everton or Liverpool FC residents). It is faster to get to London than the Lake District.The list of residents I just quoted gives you a clue to the next point. It is not cheap. It sits in one of the wealthiest parts of the UK -yes in this small town average house prices are more than double the National average (its the go to place for footballers, TV stars and the wealthy) - but not quite Kensington and Chelsea prices - but other than Mars who can afford to live in K&C the vast majority of Consultants working in London are probably in the cheaper run down suburbs like Islington :-) However, nearby there are plenty of Cheshire Villages or even Manchester is a commute away where property / cost of living can be cheaper, personal choice where you end up Salford or Knutsford, but factor in the commute to your decision (London Underground there isn't) and cost of living in Knutsford and immediate surrounds (Alderley Edge, Wilmslow etc) is expensive.Other pluses for Knutsford; International Airport very near (Manchester), decent football teams to choose from, Manchester and Liverpool not far away and Snowdonia (haha is nearer than the Lakes) and with the sort of clientele listed above as residents if nice restaurants, boutiques, trendy bars and country walks are you thing this would suit you. Finally, with the above if you have or intend having a family excellent schools and air quality compared to the smoke. Plus you may even be featured on Cheshire Housewives.DC [/quote]Hi DC,I hear there is life up north outside the M25 ring... but not sure what it is. Dragons? Narnia? Do they have roads / electricity / etc? I hope so. A friend of mine ventured up there once but I haven't seen him since...Looking at Google maps, Knuttsford (yes yes notice the double tt) didn't look that far from the Lake District. I don't think a 60-90mins road trip is far but that's just me. It is certainly not easier to get to London than LD from Knutts. You must be thinking of a different Knuttsford if your geography is telling you this.Neither is it that expensive to live and rent, my father lived there when he was younger and has fond memories of the area. As you rightly pointed out, there will be nearby locations with very well priced rental property, unlike anything you can find anywhere in London. I really don't think that a 1 bed flat in Knuttsford is £2,000 a month to rent.Anyway, have a good weekend all
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
marsday
29.09.17 00:00
 
I went north once, well as far as Milton Keynes with a long range telescope. Took a flask and sarnies in the jalopy, made a morning of it. Love wildlife safaris.
 
Reply

Reply

 
 
forum comment
#0 RE: KPMG and Barclays offer
 
london_consultant
01.10.17 00:00
 
[quote]Great stuff thank you. Coming to the money part - 1)Does KPMG provide a daily allowance for working on client sites. Any indiactive numbers ? 2) Does it include travel?3) Are there separate policies for London based client sites.Something I missed out on asking during the interview process.[/quote]1. You can expense lunch (4 pounds), dinner (20-something), however much you need to get there via taxi, a hotel including breakfast and a per-diem on dry-cleaning etc. Train journeys longer than two hours can be taken in first class. Expenses are reviewed by admin staff, subject to expense policy and obviously the person who owns the budget. 2. The above outlines expenses during a travelling engagement. 3. If your assigned office is in London, you can expense travel to the site over and above your usual travel cost into Canary Wharf. The lunch expense still applies, but obviously not the taxis, hotel etc.
 
Reply

Reply

 
Return to the top of page.

ThreadID: 0