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I have 5 years of experience in 3D design & operations. I accepted the offer of 10L from Accenture to come on notice period (90 days). Now John Deere is offering 11.5L based upon Accenture office. Having global economic slowdown in consideration shall I take this offer? Accenture John Deere
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I’m about to do the exact same. Opportunity to move to director in about 1 yr. It’s an extremely tough call but I can’t stay in consulting and I don’t want to be someone who looks back and caused myself to be unhappy for a couple thousand dollars that’s insignificant in the scheme of my life. Also, amount of time put into interviewing was significant and really hesitant to stay and then have to do that again . Telling myself career is a marathon not a sprint and this is a first step into developing a fulfilling career for myself. Worried if I stay in consulting I’ll just end up quitting with nothing lined up anyway so this is a temporary holdover.
D1 is exactly right.
You’ve said the job meets all your needs, you’re struggling with WLB / mental health, and you are definitely leaving consulting. If you were to leave for pay equivalent or higher to your current TC, would that land you in a comparably better WLB spot or the same? Not everyone needs to be a superstar who believes work is life and you’ll die for the job. (Perhaps I’m projecting).
Strategy consultants make an F-ton relative to normal people (if you’re not comparing to bankers, or Silicon Valley tech). In absolute terms...are you looking at TC in the mid 200s dropping to 175-200? Are you supporting a family or single? Rent or own? Does this change impact your cashflow to get by or just impact your relative level of discretionary savings / trajectory?
Assume you’re relatively young and have a lot of years to “catch up” and you’ll have a lot of potential energy to excel starting as a Sr Mgr, assuming the advancement structure at new company isn’t too rigid. But that’s a thing to consider.
Based on that and assumptions about what you haven’t shared, I say take it. Sounds like a great opportunity and good luck!
Right on comp...was thinking Engagement Mgr salary. But the premise still holds.
I was in the same boat as you... with the exact same pros and cons that others have suggested. I decided to wait and 1.5 years later the perfect industry job found me... it was a salary bump , title bump, in industry and short commute and all the other pros you listed in your OP. Good things come to those who wait. Keep making the best of your current sitch, but keep looking and you will find the right one.
Also fair to point out, 1.5 years at MBB is VERY different than 1.5 years at KPMG.
I recently accepted a role that is 6% lower than my current base but TC is higher overall, definitely don't do it if you feel uncomfortable
I'm in almost the exact same situation, except I'm only losing 10% with no bonus/stock options, and I went for it.
Mental health is so important! I am so ready to leave consulting where I'm just not passionate with what I'm doing and feel like I'm just dreading work everyday. If the paycut is not going to impact your life adversely, like you can't pay for rent etc., I would say go for it! Like others have said, you can still continue to look for other opportunities or work towards that next step at this company. But at least you've found an immediate out!