Current client (ex Deloitte alums) put out an offer for svp at the regional Bank. Base salary 12% more than what I currently make as a 2nd yr SM - granted there was no salary increment last PY at Deloitte. Bonus and stock option structure more robust.
Would this be a good move? Have never worked in the industry and been 8 yrs with Deloitte and 3 more years as a consultant prior, so not sure what to expect. Those hiring are friends but not sure if the career trajectory or hustle mindset changes..

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

I think you just tell them your # in this situation. They have no idea what your actual salary is but as alums they likely have range. Even if you said you’d take the offer at 25% more than current TC, I am certain they wouldn’t bat and eye since they know your bill rate (because they are paying it now).

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I know its open ended question/statement, but curious for any/all thoughts. Thanks in advance !!!

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Yes!!

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Commercial bank? Consumer bank?

My FIL is a senior guy at a regional commercial bank and has done very well for himself (and looks at the hours I keep as ludicrous)

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What is the new comp? 12% sounds great

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MLE1 - that is the $1M question I guess .. it is fairly ambigious what to expect once in PMD ranks, unless you have lived through it ...

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Primarily commercial banking. New base $250k.

Credit Suisse?

Since when is credit suisse considered a regional bank?

funny

Won't you make at least a double or triple of what they have offered once you reach partner rank?

Also, how quickly can you grow $ wise at banks..

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In case anyone is looking to get into product management, I came across this image which shows some books you could read to get into the role.

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Hi

I hope everyone is well.

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Is 96k under market value ? If so, what is the best approach/conversation to have with SAM HR?

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