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lol... leaving for free breakfast and lunch 😂
All you have is B4 exp? Why not just get industry experience and if you hate it just boomerang?
If you know you're not on the partner track, get out while the getting is good. Can always boomerang as ey1 pointed out.
By third year manager you should have pretty good idea of how the partners view you and what they think you're capable of...
By asking yourself, is partner something I want? Also depends on your overall trajectory in the firm (i.e., are you a high performer such that you realistically have a shot at it if it is something you want).
How does one know if you are on partner track or not?
As a 3rd year manager he/she should have had discussions for the upcoming year and whether director is feasible. If that's the case and he/she was 1/2 rated and the current practice looks like it can support a second partner in 4-5 years based on revenue growth projections then there is a high probability the supporting partner wants to put u on the partner track.
If the new job grants you the flexibility you need. Go for it. Otherwise you can get good deals at PwC in terms of reduced work schedule, remote work, etc. just has to be worked out
I don't want to be a partner, if I stay I'd be a part time director/sr. manager as I have kids and a hobby on a side that takes good portion of my time.
Depends on where you want to end up. You can be a director/MD in PA until you retire if that gives you the best flexibility timewise and financially that you need/seek. If you rather want to be in industry at some point then yes, the longer you wait the harder it will get to find a suitable position.
PwC has a lot going for it: flexibility, work with young people, in assurance I think you have decent job stability. If you stay to sr mngr potentially there will be better opportunities to leave but they will be harder to come by. In Regard to better pay I would map out what you think your total comp at pwc is including base, presumed bonus, retirement benefits over a 5 yr period and compare that to what you are getting on the outside to make sure you are not just falling for an initial bump.
^staying until senior manager doesn't give better opportunities. Ask any SM ever that left public, they'll all tell you they wish they left earlier. You're too high paid, have no corporate experience, so can't get the high paid corporate job you want (controllers and assistant controllers generally require corporate experience). Usually you transition into Internal Audit or a reporting role to get a foothold in corporate. @OP, sounds like you're going to get a lighter workload, higher pay, and stock options. What does public have to offer that beats that, given you're not on partner track? Don't let people drinking the Kool aid give you bad advice. This opportunity sounds like it offers much more than public can at this point of your career. And as other said, you can always boomerang...
Pwc1 hmm how soon do you need to start getting "exceeds expectations" in order to be on that trajectory you think? I mean obviously the sooner the better but what's the latest?
I'm s staff 2 but appreciate the advise.something to sleep on 🤔
Bounc
But don't you think I need industry experience otherwise I'll never be able to do it if I stay too long in PA and start making big bucks ?
Must be a hedge fund ?
Thank you PWC 3, I think I will try industry
Where is the position and what will you be doing