Currently at Big 4 and applying to firms like Accenture/Capgemini for the same grade - is this career suicide?

likefunny
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Not career suicide. Just consider that joining a competitor you tend to take 12-18 months to rebuild the network and reputation, which may mean a lag in your next promotion. Not such an issue, just make sure you don’t low ball yourself into a role that may not come with a big pay bump as soon as staying at your current place.

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M2 - Deffo not underpaid but comparatively against other Big 4 and other firms (e.g see other posts on this bowl about pay versus other firms) it is lower

Not at all, it’s a very standard lateral move

likesmart

If you move laterally you won’t get promo for like 2 years. Recruitment budget is different so try to make use of that: apply for the promotion not lateral (as you then just join the same queue you’re already in)

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Depends what you want from your move. Capgemini culture is ok but we have had a pay freeze atm and more pressure to be billable/sell more work. As a new hire you’d probably be on a better salary than the rest of us but just be warned it seems to be going downhill with people leaving.

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Having worked for KPMG and EY, I am now at Accenture and can say the quality of the work we deliver is far superior to that we used to do at Big 4. The availability of assets and methodology is great, it makes me realise we were amateurs at EY. Much more pressure to be chargeable at Accenture, and harder to actually get staffed at the beginning until you build a network and reputation. Overall, I do not regret moving - my promotion may be slower to get, but I am learning loads.

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Yup agree with all of this.

What sort of role are you going from and to? Happy to give perspectives on levels based on my experience

3 YOE so from around Consultant level to Senior/Consultant (not yet Manager) - any insight appreciated! :)

To be brutally honest, it sounds like a low risk, low reward move. Why?
Only reason would be if you pissed off your seniors, or if you're leaving a struggling service line for one doing better

M2 damn that’s harsh 🤣🤣🤣 obviously there’s other major reasons too influencing my decision e.g unhappy with my firm and the direction that it’s heading in, lack of clients in sectors I want to work in, politics etc etc, but I mean yeah maybe a few extra k might be nice too who knows hey ho 🤷‍♀️🤷‍♀️🤷‍♀️🤷‍♀️

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