Showing posts with label Financial Crisis. Show all posts
Showing posts with label Financial Crisis. Show all posts

Monday, February 16, 2009

Recession Rumblings

Well, the second post has come around faster than I expected. This could turn into somewhat of an addiction.

Here in Australia, the GFC (Global Financial Crisis as our PM likes to call it), or the AFF (American Financial Fiasco / F***up), has made everyone very nervous. Consulting is risky at the best of times, and now we are all worried. Appraisals got moved up by a couple of weeks, and it’s a good bet this means that people will be slightly more aggressively “counseled on” than is the norm. I think I am ok – my billability is up high, I haven’t screwed up lately and I am not being appraised until October, but still I have this kernel of concern. To paraphrase a recent BSG episode title, "disquiet follows my soul".

I have the benefit of working in a strong cohort (people at or near the same level as me).  I really don’t want to see it broken up, but I also don’t see any way out of it for the partners. Ah well, we are apparently getting the scoop on it in a few days – I will let you know how it goes.