Public and Private
post # 362 — April 24, 2007 — a Careers post
Green Dot Life is a (very) unofficial blog for employees of Deloitte consultants.
Yesterday, this post appeared:
I am considering whether or not to make the leap from Accenture to Big-D (yeah!). Can someone here help me to validate and/or to change this following statements?
1. Since Big-D is not a publically-traded company, it will be more generous than Accenture (a publically-traded company). e.g.
= in salary and the overall compensation packet;
= with expense policies;
= with “office perks” (e.g. beer fridge, snacks)
= with “team / social events”
= Required chargeability targets (e.g. 80% for managers? 90% ?)
= How geenrous the promotion process is – if there are “lots of bright people, ready for next step” (i.e. not just stopped at the “top 15% performers only”)
2. Deloitte probably has more prestige compared to Accenture (i.e. still retaining its “original big-4 image”, structure and corporate name), whereas Accenture has a lot more “airtime” and marketing success due to how much it spent on the Tiger Woods ads.
= But those “marketing success / awaress” does not necessarily lead to more revenues, profits or happier share-holders (for Big-D, happier SH’s are the Partners).
= Nor does the “prestige” of Deloitte brandname translate to more revenue all the time.
Agree? Please feel free to comment on any of the above proposed statements. THANKS! Hope to be joining you folks at Big-D soon!
Happy Senior Consultant
What do the readers of this blog have to say in response? Would you expect the same differences as this person would between a publicly-traded professional firm and a privately-held partnership?