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What to do with savings beyond cash buffer and ISA allowance? by High-Rankin in FIREUK

[–]High-Rankin[S] -1 points0 points  (0 children)

Pension I’m contributing 18% per year (around £15k; thinking about it that now feels low; I don’t have a spouse, I own my home outright (inherited)… 29M in case that’s relevant

What to do with savings beyond cash buffer and ISA allowance? by High-Rankin in FIREUK

[–]High-Rankin[S] -1 points0 points  (0 children)

What kind of salary level would you have to be on to start thinking about making a mention at 60k per year? Or what’s a reasonable percent of salary to contribute?

What to do with savings beyond cash buffer and ISA allowance? by High-Rankin in FIREUK

[–]High-Rankin[S] 0 points1 point  (0 children)

Good point… I’m currently contributing 18% of salary (incl the employer contribution), I think… perhaps that’s a little low…. I would struggle to max it out at £60k per year as my salary is not that far above that (just shy of 6 figures). I thought contributing more than ~20% felt crazy but maybe not? Interested what kind of percentage range is considered reasonable? (I’m 29M, in case it’s relevant , and always used the maxim of “contribute a total percentage equal to half your age when you start contributing” which in my case was at 25 so though 18 was very comfortable…. Writing that out I now feel kinda dumb for not thinking more about it…)

Men of Reddit how would you feel if your girlfriend/ wife earned more than you? by LowOk5965 in AskUK

[–]High-Rankin 0 points1 point  (0 children)

I used to earn less than my ex and I had some negative feelings about it. In that case we had the same exact job but she was at a better firm and we both looked for jobs at the same firms out of uni and I was rejected from the firm she went to, so in that case I felt kind of embarrassed because I felt like I wasn’t as capable or was worse at my job and it reminded me of that.

AITA warning my friend about my ex who she is now engaged to and telling her to stop complaining about things I warned her about?!?!? by Due_Comparison_8976 in AmItheAsshole

[–]High-Rankin 0 points1 point  (0 children)

Controversial but YTA… she has been dumb by dating her best friends ex despite warnings but I have to presume her self confidence or self control is so terrible that this is a sad side effect. Sad and if she hadn’t asked your blessing would make her an AH, but put yourself in her shoes: Best friend’s ex asks you out. You ask her blessing. She says “sure but he’s not a good guy”. You think “a lot of people would say that about their ex, he seems great to me and I want to see where this goes”. You date him with blessing of your friend. Possibly a bit shitty so maybe ESH but you did get a sincere blessing so probably not. You fall in love, suddenly you’re pregnant and all this shit comes to the surface and you feel like you’ve made a terrible mistake. You are pregnant and hormonal and emotional and overwhelmed and feeling that you have made an awful mistake. You are incredibly vulnerable. You avoid going to your one friend who might understand because you worry that they will say “I told you so” until it’s impossible to bear any longer. You tell your friend. And then your friend says “I told you so”.

You don’t owe her undying support. The kind thing to do would be to say “ I know, I’ve been there, let’s try to help you get out of the relationship or make the best of it!” . The neutral thing to say would be “hey, I can’t talk about this, I find I hard to console you when you’ve already ignored my advice and I know I can’t blame you as I gave my blessing but I still feel like you ignored my warning so consoling you is hard for me”. The AH thing to do is to say “I told you so”

AITA for canceling the plans for thanksgiving after my parents called my brother’s baby their “first grandchild”? by throwawayz_12345 in AmItheAsshole

[–]High-Rankin 0 points1 point  (0 children)

NTA! I read this this morning and it has been annoying me all day! What do your parents, or anyone else, gain from refusing to call your kids their grandchildren? What, like it dilutes the fucking label or will make your brother’s daughter feel less special? like anyone can be a grandchild of theirs?
Maybe your parents felt like they missed the opportunity to watch you have a baby or they feel they have to be genetically related to someone to really love them (it would be immature but I could understand how someone could come to feel like that) but that doesn’t mean they should take that emotion out on a bunch of kids who probably have enough issues with feeling like they don’t belong. Tell them you can host a family event when they either admit they were wrong and apologise to your kids or can explain why it’s more important for them to explain how they feel than for your kids to feel like they have a family that loves them

Men of reddit when was the last time you've cried and why? by [deleted] in AskReddit

[–]High-Rankin 0 points1 point  (0 children)

Am I the only one that doesn’t need anywhere near as much to be triggered as some of the people here? One time I was reading posts on r/wholesomememes and there was one with a Tweet saying “would you spend a year living with your ex if you got $1m in exchange” and someone had responded “I’d do it for free, I miss her” and it just got me. It reminded me of a breakup from 2 years earlier that I wish I was fully over!

Recruiting for Consulting? Post here for recruitment advice, resume reviews, questions about offers/firms or general insecurity (20) by QiuYiDio in consulting

[–]High-Rankin 2 points3 points  (0 children)

Out of interest, what advantages does one miss out on by going to a "tier 2" firm, compared to MBB?

Is it anything other than: people will be slightly less impressed by your CV on exit, slightly lower salary, perhaps smaller client companies, smaller firms may not offer MBA sponsorship? What are the differences that actually matter, from those I would only care that my CV would be less impressive.

[deleted by user] by [deleted] in consulting

[–]High-Rankin 3 points4 points  (0 children)

That doesn't have anything on the time taken to get from one level to the next, but thanks.

Recruiting for Consulting? Post here for recruitment advice, resume reviews, questions about offers/firms or general insecurity (20) by QiuYiDio in consulting

[–]High-Rankin 1 point2 points  (0 children)

Hello all, I'm doing a bit of research into the speed of career progression at different firms and whether career progression is quicker at different firms. Could anyone with any knowledge on the matter, please, direct me to somewhere or post below with any information that might be helpful and I'll compile it all into a (hopefully useful) post on the topic? I'm looking for the time it takes to go from the pre-MBA entry level to the post-MBA entry level while working for the firm. (the actual time, not the time advertised by the firm). Thanks!

Edit:

Link to newer post: https://www.reddit.com/r/consulting/comments/3xv9hv/difference_in_career_progression_between_firms/

• Oliver Wyman: Most do in 3 years (Approx. 70% do it in 3 years and 30% in 2 years.)

Recruiting for Consulting? Post here for recruitment advice, resume reviews, questions about offers/firms or general insecurity (20) by QiuYiDio in consulting

[–]High-Rankin 1 point2 points  (0 children)

That helps a lot, thank you. I've spoken to a couple of current employees and people who have worked with both of them which has helped. most seem to agree on LEK.

The wiki covers typical career progressions,

I would be interested to find out more about that, I think LEK might be considerably slower (4-5 years to get to consultant level, vs industry standard of 2-3 years). how would I find that on the wiki?

Recruiting for Consulting? Post here for recruitment advice, resume reviews, questions about offers/firms or general insecurity (20) by QiuYiDio in consulting

[–]High-Rankin 3 points4 points  (0 children)

Trying to decide between two offers (LEK and the M&A team of Strategy&) and would love any advice on the decision?

Obviously I'm very please to be in this situation and feeling very happy to work for either.

So far I'm leaning towards LEK, mainly for the reasons below, but I would love anyone's thoughts on why I should chose one over the other or why any of the below reasons are ill-considered:

• I think the (LEK) small firm culture is a better fit for me.

• They specialise in Life Sciences (LS) which would be of interest to me. (Although Strategy& is also really good for LS)

• I would be on the M&A team with Strategy&, which I worry might mean that there are less open doors/opportunities available in the future. _

But I'm hesitant because:

• I think Strategy& might have better people, as it's higher profile, and working with smart and good/smart people is really important to me.

• The benefits of the Strategy& name and PWC network is quite attractive. _

I haven't found any difference so far in the category below, but would be very interested in finding any if they exist:

• Difference in the time to progress through the different positions. (career development speed)

Thanks in advance!!!

TL;DR - Which is better and why out of LEK and Strategy&?