While there may still be a dispute on who is the best pay master, there is a consensus on the worst for sure. JSA announced it increments today and no one is happy. Seems like we have a clear winner for lowest pay master. A1 are getting around 95k a month which is a joke.
Ever since Gurgaon appointed that finance head ex com lady it has been hell for the whole firm. Canceled retreats, shit increment, no band raise, crap bonus. EPs stand around gossipping about her all day long but can't take a stand where it matters? Spineless. Great time for Trilegal's HR to swoop in and pick up everyone who's angry at these increments
Hey, you have got your facts wrong. Excom finance in JSA doesn’t handle the bonuses or increments. It is all handled at the EP level. Don’t blame without knowing your facts. Suggest you go to Trilegal- they not offering you a job?
Bill sharing was a benefit when it was first introduced by JSA as a perk above and beyond retainer amount. Today it exists to partially make up difference between what other firms pay at the same level. JSA retainer + bill share will still be less than Trilegal or Khaitan retainer at same levels.
This is not new it has been the base for many years now and base for SA is 2.00 not 1.75 at Delhi Gurgaon locations. Unlike other firms JSA pays its Bangalore and other offices lesser money.
Found out today that a retained partner in JSA makes 3.25 lacs per month. Damn! Thats too low, even with bill share! I am quitting (literally) - dont want to make partner here.
This guy is core M&A/PE/VC, and has very good (typical for M&A) billings. He makes good in bill share but such a low base will ensure his over all income doesnt goes up by much. Thats why (s)he is disappointed. This (3.25) IS the base. You are getting confused for the same reason that I am getting baffled - its too damn low to be base for an M&A partner!!
Jsa will feel like a shopping mall in front of these Lalaji ki parchoone ke dukans
Salary- 60k
In-hand-54k
Rent- 20k (sharing basis in Mumbai in some shitty locality which is an hour away from the office in fort)
You have no choice but to take the local train everyday during peak hours, walk to office from Churchgate / VT, and have a shitty life with struggle.
That along with pathetic working hours and working weekends. The firm isn't considerate at all it seems.