Consulting is a lot of hard work and long hours which make per hour salary even lesser than industry. Why do people decide to stay?

likefunny
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I’d rather occasionally hate my job than always be bored

likefunny

Because I work 40 hour weeks, and am making $130k at 31 which is more than I ever dreamed of making at this stage in my life. I love my project/client and have a great team/client team I enjoy working with day-to-day, bonus points that I get to be at home 100% of the time. Combine that with getting a yearly bonus, off schedule bonuses, quick career progression and large raises I can’t imagine finding a better situation

upliftinglikesmart

Coz on average, monthly salary is more than industry!

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This is a Deloitte problem. Leave that place if you’re a strategy consultant

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False

Depends on what kind of consulting you do. I think this only applies to management consultants

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Because of the hour salary

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Because finding the next job doesn’t always happen easily, and the fear of rejection is stronger than the appeal of possible greener pastures.

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That’s just how the world works. If you make 100/hr and work 40 hours per week that’s roughly 200K. If you make 90/hr and work 50 hours per week that’s 225K.

Nominal difference is 25K, but the logical difference is I can’t/won’t work elsewhere if I’m making 200K in industry.

Intellectual stimulation

Industry - same boss, rigid hierarchy, less diverse talent pool, limited career movement.

It’s the PPMD position where you get a lot more. Especially if you can get to partner. I can tell you it is life changing for you and your family.

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likefunnyuplifting

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