Does it make sense to take a pay cut if given a chance to join the corp dev team of a growing company? Currently a manager in Fdd

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If you really like the company and feel that you’ll grow with them, then may be worth it for the stock. Otherwise, this market is so hot that you’ll be able to find Corp Dev position that will pay you more and you don’t have to make that choice.

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Not necessarily true. A manager in FDD isn’t going to just find a comparable Corp Dev job anywhere

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Hopefully there is some equity involved otherwise I wouldn’t

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Unfortunately no equity

Generally a bad idea to voluntarily take a pay cut.

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Same thing happened to me, I decided against it. Stayed in tas and currently make 40% more than that offer. Career progression in corp development is also slower, so keep that in mind depending on your goals for both career, compensation, wlb etc.

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For what it’s worth, I left FDD type role as a manager (also did post-close transformation work that involved modeling and FP&A type elements) to a Corp Dev manager role for a PE portfolio company. My base was just slightly larger than what I currently was making, though I had a 25% guaranteed bonus and equity in the platform that will become lucrative down the road.

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