18% base salary cut for a role at a higher tier consulting firm — this role is NOT in client service - it’s an internal position. Pros: wfh, subject matter I care about, team seems great. Cons: salary cut, told not much wiggle room in increasing base but they will ‘try’. 6YOE, 2 yr post-MBA. Should I hold out for a better exit amid this recession? Or accept this role/paycut and hopefully enjoy my life/work more in the interim? What would you do?

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Posting as :
works at
You are currently posting as works at

What are the absolute numbers? Salary cut if it’s from 100K to 82K is going to hurt a lot more than 300K to 250K.. hmm now that I said it, either way it’s not worth it 😂

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You should wait and target exits with a bit more comp. That’s way too low 2 years post MBA.

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I wouldn't take it. The mbb name is alluring when you're at big 4, but it doesn't carry nearly as much weight when people find out you're internal rather than a consultant. And that's before the big pay drop.

Just go to industry instead.

likesmart

Is the new role actually safe in a recession? Consulting companies are notorious for laying off tons of internal people during down turns

Personally I'd pass unless you are really desperate to leave consulting

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Plus, consulting internal roles are even more prone to layoffs.

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Don't take the cut.

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Totally depends on your own personal financial situation. Deloitte looks great on the resume but MBB would be a nice enhancement. Better wlb and probably a more long term destination if you want it. Personally I would do it but I am biased bc I know how bad Deloitte is.

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What is the firm, what are the numbers and what COL?

Higher tier consulting firm doesn’t matter if it’s internal position (generally).

If you can meet your financial goals with the lower base salary, go for it!

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MBB
Base: From 195 to 160
Bonus target: ~10% (usually for my OP) to 15%
HCOL
Overall feels below market rate for having MBA and my yoe, but maybe my views are skewed

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Do you WANT an internal role?

OK. So this sounds like a solid move. Maybe you can negotiate the comp?

What’s the role? If it’s with us feel free to DM me and I can give candid thoughts if it’s something I’m familiar with (I’m former internal role at BCG)

Thanks everyone for the input! Update: they came back with increasing base to $165k and $20k signing bonus. Thinking of going back to them to see if they would add $10k to base or signing bonus. Still finding it hard to stomach a $30k drop in salary but the bonus eases the pain 😅

Hi hope everything worked out but curious what you ended up doing? I’m in a very similar position rn

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So this might be a better place to post this and ask this question: Uncle D has announced explicitly that most people won’t get a pay raise & bonus this year except for those promoted and high performers. Amid this crisis, are companies including other big 3, MBB, FAANG, boutique consulting firms still giving high raises and issue stocks? Can you share the impact from your firm?

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Hi. I am desperate to change jobs. I have two offer in hands: Deloitte Hyderbad on a contract basis with 15% hike and KPMG Bangalore FTE with 25% hike. I like Deloitte as a brand better.
None of of these two companies are willing to offer more saying that they have a tight budget.

Which one should I take? Please help me decide.

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Hello folks,

Is Anyone deployed to client location samsung from HCS, could you please share your experience about the professionalism, ethics, work life balance & culture in HCS-Samsung client location ?
Thanks a lot for your input

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I feel like I've been lowballed, can someone explain the below breakdown please?

Base salary: 60k
Quarterly quota (per quarter): 107k
Quarterly bonus (per annum): 23k
130% Annual bonus = 11.5k
"23% commission on quota minus base": 37k (don't understand this)
"Proposed 23% commission on 150% quota minus base": 86.5k
Sales commission threshold per month: 22k
OTE: 122k
Cost/Sales: 28%

That base salary is lower than my previous base by a significant amount by 32.7%

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Whats your TC and YOE in Canada? I'm at 130k with 8 YOE

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Hi Folks,
What is job security and stability in Cyber security consulting practice in EY . One of my friend got offer with 50% raise to what he is currently taking, he is on H1-B , he just want to be on safe side before making move. Appreciate your quick response.

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I have a new job offer closer to home and higher salary. The new employer wants me to start asap. I will not be able to provide a full 2 weeks notice. What should I do. I feel really bad leaving my current employer with only 1 week notice. Any suggestions?

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What is the process to resign from EXL?
There seems to be no option to create a exit request

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I feel burnt out by how ruthless the tech industry in US is, but I also know I’m making much more money than people outside of tech or consulting.

How do you adjust your WLB?
I’m so burnt out that I wish I could yell at people who were not kind or supportive to me, but those people often unfortunately were in position of power.
I don’t like unkindness, but my anger is just very bottled up…
What can I do to stay level-headed even when the other side is disrespectful?

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For remote folks: am I more likely to find a remote role that allows me to move around multiple times during my tenure at a big FAANG-like company, or a startup? what are things I should look out for in my search?

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What’s the salaries for network architect these days ?

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Hi Guys,
I have around 4 years of experience in C++...I got a new offer from a Product company For Java/Jswing role...Is it OK to change to different technology now...I am considering this offer as they are providing WFH.

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Would any MBB/Strategy& folks be able to provide a referral for a fellow tribe member? :)

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I have an interview lined up for Autodesk US as an Data Engineer. Wanted to understand a bit more about salary structure and how company really is?. Autodesk

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Hi all,
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Has anyone gone through the deloitte cyber risk interview process recently? How many interviews did you have and how was the process?? Salary?

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What do you consider the tasks of a community manager?

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Best corporates to join in Toronto after consulting?

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Hello All,

I am having over 9 years of experience as oracle application database administrator and currently pursuing my masters at university of Windsor Canada.

I am looking for co-op and full term opportunities. Please let me know if you have any recommendations.

Thanks,
Shruthi

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Anyone have tips for finding out about social events/does anyone want to hang? Moved here late last year and it's hard to meet people

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Hey y’all - moving to Houston post grad & looking for recommendations on where to live! I’ll be working downtown & looking to say under $2600/mo. Would love to be close to work and also in a spot that’s safe for early morning runs! If anyone has a building they love or an area they recommend please let me know!

likesmart

Partner keeps telling me (2nd year) that I need to get better at using staff like paralegals to reduce client costs.....but doesn't realize that the only paralegal allocated to my group has been with the firm for 30 years and bills 1.5x higher than me.

funnylike

Looking for feedback from others with spouses/partners who aren’t in law. My partner is going to renegotiate their compensation at the end of the year. He is a sales and operations director at a local business in Houston. He currently makes $80K + the opportunity for up to $9,600 in bonus throughout the year + 3% 401(k) match ($92,000 total comp). Continued in comments.

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Can anyone please refer me for below opening Nokia

Post Photo
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Currently looking for production planning role remote or hybrid.will be moving to Fort Worth Texas next spring!

Likes for a DM please🙏

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Please advise,
Which company should I select, wlb and long term growth
KPMG GS - 14LPA fixed+ 20% variable
EY INDIA - 12 LPA fixed + 20% variable
NatWest - 18 LPA fixed

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Additional Posts in Consulting Exit Opportunities

Hi, can someone help me update my resume? Having a hard time describing my current role and how to leverage that for a role I want.

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Currently at Deloitte and considering leaving. Is it worth jumping from one Big4 to another? Seems like getting into Industry is not working out.

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For anyone that left consulting to work in product management. How is it? How is the work? Wlb - people - culture .. etc

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I'm thinking I won't be getting promoted if not laid off at the end Q2 or sooner. What are some good exit ops for an associate with 2 yoe in tech consulting? Exp in Cloud, PMO, IT Risk, and SoD.

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What’s your top 5 companies in the world you want to or have worked for? Any industry.

likefunny

How much do GS associates make? Is there any room for negotiation with HR?

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Is google still hiring? I see some transitions from D to Google but wonder whether I should apply or sit tight?

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What are the chances of Amazon (or FAANG in general) allowing you to apply/interview again for a position that you did not get in the past?

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From your experience - How long does the recruiting process typically take at google ? Is it slower now with the hiring slowdown / freeze?

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If you completed all rounds of interviews with Google for a L5/6 role, what should you expect next?

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How is Corporate VC typically viewed by those in industry? What makes a “good” Corporate VC over others? Coming from T2 consulting and was wondering if Corporate VC is an easier stepping stone to VC.

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When people refer to e-commerce exits they are typically referring to platforms like amazon. If I’m more interested in working for an e-commerce store/seller rather than a platform is there a better term for this so I can research better?

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How long is normal to wait to hear back from a final round ?

Thinking of going on a sabbatical and using the time to dust off resume, get certs and find a new position.Anyone else recommend this? Currently being distracted by billable work that adds 0 to resume

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🤔 Recently got a random LinkedIn recruiting message from someone at Improbable looking for data science people in DC area... thoughts?

Making 105k base in DC, what is a fair salary to ask for from an NYC mid-sized startup that would take into account the HCOL, risk of a new job, and the new responsibilities?

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What are some exits that provide similar pay and intellectual demand to consulting without the travel? Mostly finance paths like IB? PE?

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Any fish that have done MBA after Masters in the USA as an international student? Need to talk

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Program Manager L4 at Meta offer: 142, 15% bonus, 85k RSU over 4

5 YOE, No MBA, Remote

Counter? Recruiter says the 142 is at the top of the band but eh..

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