Deloitte 🐠 and/or recruiters. I received a verbal offer of 100k, 5k sign on today and I’m really disappointed because my current comp for the same role is 103.5k. I’ve already tried to push back and the recruiter told me they cannot offer more. I was really excited about this opportunity but idk if I can take a base pay cut on top of losing out ~8k on stock awards and 401k matching. Any advice? Should I try to negotiate again or decline offer?

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They’ll offer more if you say unfortunately I have to
decline. If they don’t come up, at least you won’t be miserable. This is the time to have the upper hand

likefunny

What market OP? HCOL or not?

Move on, you made the right decision!

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why would you even consider taking the offer? sounds like you’re better off at your current company. tell them you already make more than that and you can’t leave for less. also have them at least try make you whole on the $8k loss with a signing bonus.

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If they know your comp and they don’t move and you don’t need a job then decline it.

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The recruiter is trying to see what they can get away with. If they're not giving you a genuine offer then decline firmly until they do.

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Are you sure you can trust Deloitte? They have had a lot of layoffs in the last few years. The grass isn’t always greener. I always read about them laying off people on here the most.

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No way, do NOT take this offer.

I came from a Deloitte competitor to Deloitte, at the top of my salary band. They matched my salary and I turned it down. Few days later I got the 10% bump I was looking for (lateral move).

Summary: say no and move on!

likehelpful

Don’t do it. Don’t movie without a bump.

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I’ve noticed Deloitte lowball people lately and try to sell you on the name. It doesn’t mean much if you’re going to be working more and you take pay cut. Unless the role is something you really want to do then it’s worth considering.

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Facts!!!

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Which company are you currently working at?

Imo if the brand name is a step up, 3K base (and the rest of the perks) are a fraction of what you could be making over a lifetime.

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Why do yal hate Deloitte so much?

likefunnyupliftingsmart

I got lowballed badly when I joined, left as soon as I got a better offer. Speaking for myself, the juice isn’t worth the squeeze.

helpful

Thank you everyone! Going to turn the offer down. Appreciate all the feedback.

likesmart

Literally the same exact situation upon offer/hire when moving to Deloitte. Took a pay cut for the better name/chance at career advancement. 100k, and when I pushed back, they threw in 5 signing bonus to compensate for the salary cut. Pushed back again and they couldn’t possibly do better. Yes, I took the offer but I now have learned this is a typical thing they do to experienced hires. If I could go back, I wouldn’t have taken it. It’s going to take a ton of time to get any lateral movement or actually recoup the money I’m losing/have lost. I’m filling really menial tasks and there’s no room for advancing any time soon. Everyone is great to work with but it’s all smoke and mirrors when it comes to actual movement with your career.

likehelpful

To answer some questions:
-I work at IBM (not GREAT but not a no name company)
-There is job security in the contract I’d be working on (it is a long Federal contract)
-They gave me until Monday to respond (offer was given today)

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You really dodged a bullet. It's not worth it. Wait it out and I'm sure you'll get something more interesting and worthwhile.

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Don’t do it

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Listen to everyone on this thread, don’t take it!

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Stuck fulfilling my obligation with the signing bonus then jumping ship. I can’t tell you how many people have told me “man they are making a KILLING off of you...” and this was coming from recruiters at other companies and elsewhere I won’t disclose.

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They are trying to bring me in as a Consultant (I have 2 1/2 YOE). Problem is with my network I could probably promote to Managing Consultant at IBM after 1-1/2 more years making ~130k. I don’t see any pros to the lateral offer other than the name brand/not feeling great about my current project.

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@OP the brand name isn’t any better, marginally if ur in Deloitte strategy. Just try to network into strategy & iX

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For Deloitte? I would respectfully decline.

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What level are they bringing you in at?

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