DECIDING BETWEEN TWO JOBS ( for a friend) - Director title and $15k higher salary at a large more traditional agency or a Strategist title at innovative start up with potential for IPO (both $ bump)

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

Start up making money? Actually providing value? Actually innovative? Too many startups are in the evaluation game and don’t have real businesses. If startup is legit, then ask yourself if they were paying equally where would you go? Personally, I’ll always take the startup over hitching my wagon to a dinosaur.

like

What’s your life situation? If you’re single and have relatively low level of responsibility then go for the start-up. If you have a family and are the main breadwinner Take the Director role. All this is based on your level of risk aversion. If you’re a gun slinger no matter what then go with what grabs your passion most. I assume it’s the Strategist gig as the risk/reward looks pretty nice

like

STARTUP!!! 15k in the short run VS ?? In the long run??? (Although that's dependant on the startup and would require personal research). But if that startup is offering just 15k below what a traditional agency is, think of where they could be in a few years. Just my two cents!

like

^ and yes of course this, figured it went without saying but well put.

like

I had a similar option and chose the startup. If this is your first startup experience, know it’s a lot more risky. A fun experience but very few actually IPO.

like

Depends on your friend’s personality. I was an AS at a large traditional agency and it was death by 1000 paper cuts. I’ve been in lots of startups and saw exits without clearing investor preferences (i.e. exercised options have negative value), no clear path to exit, exits that got me a nice vacation and an IPO that made my options worth 2x my salary.

It’s a crapshoot unless you think like an investor (really hard to pull off at the IC level; much easier if you are an accredited investor who knows how to read a pitch deck) but it’s not actually that risky if you’re good at what you do. With the average turnover at startups being 2-3 years, your network is the hedge against startup failure.

like

Depends on where the friend wants to go with their career. But higher title and pay sets you on a better course.

But in the end it's about which work the friend will be more satisfied with.

You need to evaluate the size of market, potential share by IPO, capital intensity of the business, and funding stage before you can answer this question. Realize you will also need cash to exercise any options or RSUs.

So if your cash poor you will need a loan to exercise them. And taxes will kill you.

So do the math and get a real answe

Startup! those I fee like are harder to find. The big agencies on the other hand always have jobs

Related Posts

Does BNY Mellon not give anything in writing about the bonus that gets paid once a year?My cousin is negotiating an offer and they are only talking abt the fixed amount that will come on the offer letter and are assuring that the bonus will be paid out at the end of each year.

like

Salary for Accenture Big Data consultant - level 9. Based in Chicago for the Accenture Digital Applied Intelligence group. 4 years of experience, non-MBA

like

What’s the hourly rate for a SR. Copywriter in Texas?
Thanks.

This job is a lot better if you don't care about the bonus and hours requirement. I can pretty easily bill 1700 hours annually and my firm so far hasn't cared in the slightest. Worrying about hitting 2000 hours for the bonus used stress me out so much, and I just don't think it's worth it. Base salaries are ridiculous and way more than enough to finance my lifestyle.

like

I am a newly graduated fresher mechanical engineer working in an electro mechanical company at Dubai, My current salary is 2500 AED, I would like to know about your comments and suggestions regarding my career which could help me through my future ventures.

like

Hi lads,
Anyone please help me understand what would be my monthly salary that will get credited, with/without the tax deduction on monthly basis.

And I'm new to all this I don't know what is variable pay, basic etc. Please help understand this by writing few description on above points. Also by submitting the home rent agreement how much will be saving, and will that only be sufficient or i can add more bills to avoid the dedication. If yes what types of bills i can submit like fuel bills etc.

Post Photo
like

Hi, I have 12 year Exp in Telecom and I am working as Implementation manager in Ericsson. I got an opportunity to do work in Poland in Nokia. They want to relocate to me in wroclaw. So I would go with my family. They asked me for expected salary. I have no idea about it. Here I got 10.5 Lpa in my current company.... Guys what should I expect my salary in wroclaw... Suggest me

like

Good news! #ihateaa comp upgraded me on a short haul in lieu of taking one of my stickers. Bad news: The #aassholes are on indefinite mechanical delay. Thinking I should have rented a car. #neveraa

like

Has anyone ever mass applied to jobs with the sole requirement being minimum compensation of $500k

likefunny

Does Natwest bank pay as competitive as Morgan Stanley Deutsche Bank. I mean Associate in MS and DB ranges from 20 to 30 lakh. However when I tried applying to Natwest expecting 40% hike (30 lpa) on current pay of 21 lakh. They straightway rejected me and said its not in their budget. Is there any financial firm which can pay as competitive to Mumbai banks. Barclays Deutsche Bank Natwest group BlackRock

like

Is capgemini worth joining? Please share light on work culture, job security, projects and other benifits.

Honest opinions please.
Yeo- 3.5

like

I am in Canada, Band 8 in IBM consulting and received an offer for Senior Manager in Deloitte Advisory at 145K base plus 10k signon. How do you rate this offer?

like

Is 19 lakhs good salary for Salesforce Senior Developer with 5+ relevant YOE and in total 7 YEO?

like

Does anyone here have experience with In-Q-Tel? I see an analyst role that I think might be an excellent fit, but I'm curious about the culture and pay. Thanks!

like

6 years exp at Investment Banking IT group, will be hired as SC at EY Advisory SF office. How much i should ask?

like
like

What is the salary of consultant in Capgemini

What are some negotiation scripts you people have used to negotiate a higher salary after the initial offer?

like

Yay; my hire got approved by HC 🎉. I’m in serious need for comp negotiation coaching now. How to best approach this? I’m utterly clueless about my market worth+approach and don’t want to leave any money on the table.

like

More Posts

Too much noise out there - can someone confirm or deny whether the US Government funded gain of function research related to Covid?

likehelpful

Eugene Mirman is very funny.

(15) Eugene Mirman | LinkedIn

Post Photo
likefunny

Charter holders, any advice on level II studying? Just started going over the jumpstart material and feel like it’s pretty intense. Any pro tips from those who have conquered it?

like

Have ou ever interacted with anyone in the C-suite at your firm?? What was it like?

like

Thoughts on Asset Management as a career path? What are the pros/cons?

like

I’m not a sports guy, so I don’t care that sports are back.
If you do watch sports, how is it? Does it bring back any sense of normalcy?

like

Hi, what vendors do you like for 360 assessments?

like

Need advice. Very Shy guy and girl, met a while back for a side hustle both like each other a LOT, relationship has progressed in other areas but not in the physical realm, primarily because neither officially asked the other out. Guy is a very rough around edges, asked for a date by saying ‘anytime you need breakfast or lunch, let me know’. I am an independent gal and didn’t like the way it came across. I really want to take this forward but am out of ideas on how to make a date happen.

like

Can someone refer me at PWC for Financial Control and Compliance - Senior Associate.

like

Hi fishes

Looking for a job change for my friend as a Salesforce Developer
He's having a 3 Years of Experience

Any reference please let me know.

Preferred location: NCR/ Remote

like

Which law firms still have a good Westlaw subscription and encourage associates to use it?

like
like

Hello! I realized there are no blockchain/crypto communities here. As a marketer in the space, I felt like a mindtrust of peers would be extremely useful. Thanks for joining.

likesmart

After 1 month of joining Genpact, they are saying the process is not coming for which u were hired nd u'll get the laptop when we'll get any project. Also I was selected for Hyderabad location, now my base location is showing as Gurgaon on gsocial app

What should I do now??

like

Need some advice: I currently do corp dev and FP&A for a smaller company and just got an offer for about double my salary at a F200 company. The catch is I would no longer be doing corp dev, just FP&A. My goal is eventually to crack into ib, do you think I should take the job and the pay bump or stay at my current role and try to lateral in to ib.

like

How much salary should I ask to citi corp.
No counter offer
CCTC 14.85
Experience : 4.5 business analyst
Notice period 75 days
Please advice
Thanks in advance

like

Hi all. I have applied for Oracle PL/SQL job opening at BOFA. How many rounds of interview will happen and what are they? And my YOE : 6.6 my current CTC is 14.68LPA. How much should be my expected CTC?

like

Only because someone requested this kind of meme war...

Post Photo
like

How is the hiring at MBB in Toronto at the moment?

like

Additional Posts in Salaries in Advertising & Marketing

Top NYC communications marketing agency - EP role onsite for 6-8 weeks. Day rate and hours per day? Any ot or other considerations?

How much can I ask for with 4+ years experience at strong nyc agencies?

M / 35 / NYC / Content Strategy lead at a large agency / $180K + bonus

like

Moving to the pharma side. What’s a normal range for NYC/ACD/9 years?

like

What’s the going rate for an Account Director in NYC? My current company doesn’t pay enough and want to know what’s acceptable to ask for in the interviewing process (within reason)?

33 / NYC / Senior Digital Producer / 90K after bonuses. How hard should I be looking?

What is a typical junior AD salary in nyc? At small vs big agency?

like

Salary for director position in NYC IPG mediabrands?

like

Hoping for a bump at next review. Should I mention it now? Will either kick epic ass or fail massively in the next few months.

What does a new band 4 bonus range look like at Bank of America?

like

I’m struggling at the moment to gauge how much I should be getting paid in my position as i feel I’m heavily underpaid for the work I do, which includes managing digital marketing operations across 12+ countries, manage the studio/creatives plus lead on any campaigns and strategies, etc. I’m also remote UK-based although my company is international. So what do you feel a fair UK wage would be for the role? I love my job/team but the stress isn’t worth it for me atm. Thanks in advance!

like

140k / SF / F / 31

like

Anyone know ACD/cd salary at martin or virginia agencies in general?

like

VML Sr Art Director position assuming 7-10 years experience. What’s a fair salary expectation for the Midwest? Chicago/Kansas City area.

like

I’m making 55k in Chicago. Am I underpaid?

helpfulfunny

Hello! I was offered a promotion at the NYC-based creative agency I work at for a newly created role and I’m not quite sure what I should be hoping for with the salary increase. Any insights on Manager, Strategic Insights roles?

like

CD in Detroit ? Any idea?

Anyone know salary range for Director of Customer Success @ Stackline?

likesmart

Hi all, negotiating with HR on salary for a new AS position and want to know what’s fair. I was an AE for two years, took a promotion at another agency for SAE for only 8 months and am now being recruited for AS at 80k. All of my agencies have been large, I’ve worked on pharma and a large global account, I also started “managing” at the AE level due to my team’s structure. Is $80k fair? Thanks!

like

What’s an average salary for a media planner in nyc? What about strategist?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal