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How hard is it to make partner in FAAS?
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It's not that hard. I'm in Consulting and I have Advisory people trying to get me to switch over all the time. From what I understand it's basically the same as moving between Federal and commercial, which is to say it's just networking. You'll need at least two PPD sponsors, one push and one pull. That's it. From what I've been told you don't really have to interview. It's just networking... which is basically the answer to all Deloitte related questions 😁
What's the difference?
^they are two separate legal entities. Advisory does more of regulatory/cyber risk work and consulting is more about strategy, human cap. Also technology.
Also position: consultant
salaries on the consulting side are much higher though. My manager was asked to move from S&O to advisory. He would have been bumped to SM, but still said he would have been making significantly less
Yeah. Note that I haven't made the jump! But I feel like exit opps from Advisory might be better? I don't know. You could easily go from crg or bval to private equity, which would be cool.
@D1: interesting. I have heard mixed things so far. Some people say what you just mentioned, others have said that they had to interview. That's why I was interested in knowing from someone who's been through it. Also, do you need sponsor for the same service line? Like S&O if I intend to switch to S&O, or I can have someone from Human Cap sponsor me for S&O?
S&O, preferably the GM service line lead as that's where you'll likely align. He's a nice guy, just shoot him an email or see if someone in your network can intro you. Unless you know where you want to align, in which case talk to that service line lead.
^thanks so much. That helps a lot.
I know one guy who did it and he said it took 6+ mos
D2: I've heard mixed reviews on that too. Someone said it took 2 weeks and someone else said 4months. I guess it depends on your case.
From what I've heard, there's talent's Official Party Line of how it's supposed to be done, and there's the actual way you get shit done. Which is to network, get on the project you want, and then the PPD makes a request to the gods of Talent and it just magically unfolds. Same as moving between commercial and federal. You're supposed to re-interview, etc. but no one ever actually does.
^Do you get a new offer letter with new salary or everything stays same and you just transfer FSS? My interests align better with DC, but I've heard that salary in DC is also relatively higher.
If you go through the whole talent process you get a new offer new letter everything - if they hire you. It's a gamble bc you have to resign advisory and apply to consulting. But if you go through the back door process you have wait for next year end have a comp discussion. Then you can negotiate a raise.