Relocation, Relocation is back -who feels sick ?

Kenny4315

LillyJ wrote: »

It's not uncommon.

This is why the country is so scr&wed there is no graduate that I'd pay more than £35k for as a start point (in London), they are unproven, even after 6 years they are still wet behind the ears. As for KMPG if those guys are the cream then I'm an Ffing Milkman, from my experience of KMPG (they were my auditors and part of the due diligence team when I worked in industry), I could run rings round them even if I'd been out and drank a skinfull the night before, crashed on my mates floor and turned up to work with a hangover (often dressed as I left the previous day), even the so called 'partner' was about as on the boil as ICE CUBES. They are the most over-rated bunch ever, if it ain't in a textbook they were DEKCUF.

My ex worked for both KPMG and Ernest Young, her skills as an accountant were, well considerably less than mine, in fact if she needed advice on both accounts and SAP, which I was a senior consultant at she'd come to me rather than those doozy lot at the above mentioned.

My last firm actually took over PW consulting, and most of there consultants were useless. I was headhunted by a number of the 'big' accountancy firms when I was an SAP consultant, but kissing arZe is not my speciality subject.

So in short there is a real problem with wages in this country, and it's no wonder companies are taking stuff overseas, expect further casualties as firms attempt to reign in costs.

As for investment banker etc, it's a piece of p*ss to make cash from someone else money when you have no personal risk and you win even if your decisions lose. Look at the current world financial position caused by these overpaid idiots, who are basically just betting with someone else's cash.

lostinrates

Kenny4315 wrote: »

I was headhunted by a number of the 'big' accountancy firms when I was an SAP consultant, but kissing arZe is not my speciality subject.

So in short there is a real problem with wages in this country, and it's no wonder companies are taking stuff overseas, expect further casualties as firms attempt to reign in costs..

So are wages dramatically differnt in this same employmnt sector than when you were a grad? (I'm guessing you would have known and/or applied or made decision not to apply?) Presumably the wage they offered when they headhunted you is also indicatory of the wage level at your then position.

Its also valid to remember that students in general have more debt (reducing house buying ability but increasing comptition during boom of starting wages).

This wage level is commensurate with other major international cities

Kenny4315

lostinrates wrote: »

So are wages dramatically differnt in this same employmnt sector than when you were a grad? (I'm guessing you would have known and/or applied or made decision not to apply?) Presumably the wage they offered when they headhunted you is also indicatory of the wage level at your then position.

Its also valid to remember that students in general have more debt (reducing house buying ability but increasing comptition during boom of starting wages).

This wage level is commensurate with other major international cities

I graduated bang in the middle of the last recession, so you took what you could get. This WILL be the case shortly. Graduates will be competing with guys made redundant with several year experience. I once went to an interview where the original number of applications was several thousand for about 6 positions.

Graduate have only textbook experience, from lecturers who often have no real world experience.

Just look at the state of everything and one most reasonably deduct that something has to give if firms are to survive. Wages in some areas are just simply to high for the value added to the business.

lostinrates

Kenny4315 wrote: »

I graduated bang in the middle of the last recession, so you took what you could get. This WILL be the case shortly. Graduates will be competing with guys made redundant with several year experience. I once went to an interview where the original number of applications was several thousand for about 6 positions.

Graduate have only textbook experience, from lecturers who often have no real world experience.

Just look at the state of everything and one most reasonably deduct that something has to give if firms are to survive. Wages in some areas are just simply to high for the value added to the business.

I think its the case this year isn't it? 17% dcrease grad recruitment in th City? I think...might be totally wrong!

TBF though DH's applications through boom have had similar numbers of applications....we've been churning out to many law grads for the City for a while.

I also don't think its th new grads/young workers who can take all the blame...their managers? Heads of these institutions? If substandard works been going out its how its been up the system and how the new entrants have been traind within their positions!

arunadasi

They could have inherited...

Kenny4315

arunadasi wrote: »

They could have inherited...

If I had kids as stupid as those, I'd rather blow all my cash when I'm 55 (or less) on booze, fast fit young ladies and very fast cars, than giving it to them to p*ss up against a wall.

Nala

Lotus-eater wrote: »

Am I the only one to realise that this program is edited to make the couple looking for a house look like complete idiots?
Kirstys continual putting down of them for not buying and not agreeing with her. "This is a great investment" , "Phil and I are under ALOT of pressure here" , "I'm going mad with this pair", complete with waving arms in the air and being very very annoyed.

I wonder if they treat their private clients the same when they try and find them properties. I doubt it somehow.

Agree with you 100%. It's what makes the programme so enjoyable though. Yes I enjoy sitting at home moaning about the numpties on these programmes.

I can't imagine seeing a thread about 'What a lovely couple on relocation relocation'. Wouldn't the ideal couple who took all the advice, both on this programme and Sarah Beeny's, make for a really really boring programme.

LillyJ

Kenny4315 wrote: »

This is why the country is so scr&wed there is no graduate that I'd pay more than £35k for as a start point (in London), they are unproven, even after 6 years they are still wet behind the ears. As for KMPG if those guys are the cream then I'm an Ffing Milkman, from my experience of KMPG (they were my auditors and part of the due diligence team when I worked in industry), I could run rings round them even if I'd been out and drank a skinfull the night before, crashed on my mates floor and turned up to work with a hangover (often dressed as I left the previous day), even the so called 'partner' was about as on the boil as ICE CUBES. They are the most over-rated bunch ever, if it ain't in a textbook they were DEKCUF.

My ex worked for both KPMG and Ernest Young, her skills as an accountant were, well considerably less than mine, in fact if she needed advice on both accounts and SAP, which I was a senior consultant at she'd come to me rather than those doozy lot at the above mentioned.

My last firm actually took over PW consulting, and most of there consultants were useless. I was headhunted by a number of the 'big' accountancy firms when I was an SAP consultant, but kissing arZe is not my speciality subject.

So in short there is a real problem with wages in this country, and it's no wonder companies are taking stuff overseas, expect further casualties as firms attempt to reign in costs.

As for investment banker etc, it's a piece of p*ss to make cash from someone else money when you have no personal risk and you win even if your decisions lose. Look at the current world financial position caused by these overpaid idiots, who are basically just betting with someone else's cash.

Wow, obviously touched a nerve. I wasn't commenting on the accounting knowledge of such firms, just commenting that the accountants who work for them earn a decent wage.
I actually have no knowledge or interest in which are the better accountancy firms, and no knowledge of accountancy whatsoever! (apart from the fact that my Dad is one and my Sister is training to be one, so I run away from the dinner table whenever they start talking about it)

LillyJ

Mr_Matey wrote: »

Maybe they had no intention of buying in Sicily, and wanted the BBC to pay for a holiday.

I often think about that one in the mornings where they say they are going to move to Australia (watched a lot of it when procrastinating before my finals).
None of them ever move in the end, and they all get a nice jolly to Oz for a couple of weeks

Kenny4315

The point I am making is that these unrealistic wages in the UK (at all levels) need to stop, before there's nothing left apart from a huge pile of Sh*TE.

To me a £70k plus salary should be the exception for extremely gifted individuals with tons of high level experience, on my travels as a SAP finance consultant in many multi-nationals, I found these individuals to be almost non-existant. Thus I conclude that these triple average wage salaries seem to be given for almost mediocre talent, little experience and tons of aZZ-kissing.