[goaf]

Hi All,
I recently was offered a graduate role from a consulting firm (PA Consulting) which I gladly accepted. However, I am slightly concerned on whether they might cancel them due to the economic situation going on which I am sure all of you are aware about.I have been given a start date though.
It would be good to hear from your experience whether it is likely that Consulting firms are likely to cancel or have cancelled these contracts? I imagine people at the bottom of the chain are first to go and it is worrying me as I need to hand in my notice for my current role next week if things go to plan.
Thanks in advance.

[monk_keys]

I think you have to trust that any firm of a reasonable reputation has hired in the context of the economic climate and wont turn around in one month and go 'wait, double dip recession?!'

[bluenose53]

(Original post by goaf)
Hi All,
I recently was offered a graduate role from a consulting firm (PA Consulting) which I gladly accepted. However, I am slightly concerned on whether they might cancel them due to the economic situation going on which I am sure all of you are aware about.I have been given a start date though.
It would be good to hear from your experience whether it is likely that Consulting firms are likely to cancel or have cancelled these contracts? I imagine people at the bottom of the chain are first to go and it is worrying me as I need to hand in my notice for my current role next week if things go to plan.
Thanks in advance.

I don't think your not necessarily right to assume that those at the bottom of the chain are the first to go. Those at the bottom are the cheapest and often put in the most 'flog'. So if you can get fewer expensive seniors utilizing cheaper juniors then this could be a more favorable outcome.

[M1011]

What? An economic situation? What did I miss?

[goaf]

Thanks for your input guys.

[salmon1]

Graduates are a) often the cheapest labour going and b) normally considered the future talent of the company. Although you start at the bottom of the food chain you'll still be held in high regard. In light of this I guess that you'd be one of the last to be shown the door.

A lot of companies employ 'contracted' workers who are more temporary employees and, although usually receive a higher salary, they are the first to be laid off or receive a pay cut when the **** hits the fan.

[Teenage Pirate]

(Original post by monk_keys)
I think you have to trust that any firm of a reasonable reputation has hired in the context of the economic climate and wont turn around in one month and go 'wait, double dip recession?!'

You'd think so, but HELLO RBS AUSTRALIA GRADS!