What is Deloitte’s alt-travel policy?
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Considering an exit from McKinsey as EM with 3 year tenure post MBA to financial services in tech org. TC is $325k with strong growth, WLB drops from 65-80hrs a week to 40-50hrs and no travel. Would you take it? Only consideration is that it’s a lateral move/slightly down in terms of current comp. Have been high performer st McK
Instead of flying back from client site Thursday evening, you can fly somewhere else and they will credit you the cost of your usual travel back to your home office. You just have to pay lodging and make sure you get back to the client site Monday. Great perk.
Awesome thanks D2, it’s one of the few perks I love at my current firm wanted to make sure y’all had something similar :)
Considering an offer not a current employee
If on a travel engagement you can book a ticket somewhere else assuming it’s the same or less $$ then your normal flight. (I’ve also booked a more expensive flight and paid the difference) The policy clearly states there is no “alt travel pool of money” so while people on here will say you can spend the difference (if you find a cheaper flight) on other items, it’s not actually in policy. Also you’re supposed to code it as alt travel and then its taxed as a benefit. All in all I love it but I came from industry so have no perspective on if this is a good policy.
Depends on whether you’re staffed / on vacation
Depends on project manager and client but for the most part you can use the cost of your weekend travel to go somewhere else instead of flying back home
It’s worth noting that unlike some firms on here, the main use case (weekend travel of employee to location other than home), while taxed, is grossed up at Deloitte so you aren’t materially affected by it (flying someone to you, however, is not grossed up and you’ll pay tax on that out of pocket)
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