Got a verbal from a tier 1 semiconductor market leader. Base is 10% less than current. And I’m already underpaid. RSU is next to nothing. But, I’m so burnt out and desperate leave consulting. What would u do if in my situation?
I’ve been looking to join a tech company for more than a yr. Failed all interviews, now feeling worthless. I read 10Ks, PM interview book, company news, consulting case, PM case, did take home cases,…and none worked out. Always made to the final then failed 😣

likehelpful
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I’m sorry you’re having this experience. A couple of things jump out, though I know nothing about you or your background:
1) You’re passing the competency parts of the interviews, and you’re failing the behavioral checks. Why? Are you coming across as burnt out or jaded? Does it look like you’re running from something, not to something? Those aren’t knocks on your character, but think through those final round interviews - how’d you show up?
2) Quality of life has value. I took a 30% pay cut for a 30% reduction in hours worked and WOW was it worth it. Does the other firm have things you value equally to, or more than, that 10% in base pay? Would you do this just to get out of Deloitte?
3) Most importantly, you are not worthless. You are not defined by your job or your interviews. These past few years have been a fucking SLOG - give yourself the grace that you’re trying your level best.

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Thanks for your wise and kind words.
. I’m running away from consulting. From its none existing WLB, bs, attitude, hostile SMs, low pay, assholes who throw you under the boss, and no future career growth and finances
. I don’t fail behavioral interviews. I fail the case interviews. Or I fail “tell me about your experience with IT Ops Model” ,as an example, or some other niche areas within the open ended scope of Strategy and Ops. Took me a while to figure that even for Strategy and Ops roles in Tech, they do the PM interview. And that’s different from corporate case, business case, and ERP implementation PM
. I’m super strong in complex execution, ppl management, client management, teaching stuff to my juniors and myself. My team loves me, but these are not valued when comes to interviews
. My leadership passed on my promo twice for no explained reasons .”you are doing great. Keep doing what you are doing. It s not you, it s the firm that doesn’t allow everyone to get promoted !”. I’m a foreigner girl with accent if that matters.
. The level of stress and burnout took me to a point that - I’ve been on depression and anxiety medication for 1 yr now.
. I see the new opportunity as a escape route to add some meaningful industry experience and grow my career in tech.

Tbh , the recruiter wasn’t expecting that I’d even consider the role when she gave me the verbal . The base is still pending negotiations at the HR level. At the best case, I’ll get 10% cut, if not less

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If it makes you happier, go for it.

I personally wouldn’t for less base tbh.
If anything, I’d switch to an easier project and continue the search.

likehelpful

You answered your own question with this post. Take the job.

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I used to work in the semiconductor industry and miss many aspects of it now that I’m in consulting. I’d be curious to learn what company and what kind of role it is. I can say I wouldn’t take a pay cut to go back, but if you’re facing burnout it could be a nice reprieve. Also at my previous company bonus and stock rewards were common so that could make up for the difference.

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Do you mind sharing the company name?

A position with a chipmaker looks loads better on a resume than D. It sounds like that type of consulting is not for you, D or not, and that is ok. It is also cheaper than drugs.

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Sounds like this opportunity presents very little upside. With info you provided, I wouldn't take it. With that said, my willingness to put up with long hours and bullshit is very high.

If you absolutely can't keep going at D, then your options are take the gig or be funemployed for a bit.

You will be happier from what you have stated. Move, and be happy.

Take the job!

First of all, congratulations on actively working toward your future even through burnout. Secondly, you were not created to be a consultant. Nobody was created for a job. Talk to your mental health professional about disconnecting your identity from what companies can get out of you. You're a human, not a job title.

One thing I didn't see was clarity on whether you let the recruiter know the numbers weren't what you were expecting or are you waiting to get the verbal offer before you negotiate?

Okay I get it now. Thank you for clarifying.

I'm going to say what everyone else said, if you can handle the decrease (temporarily) then take the job. However, I would attempt to negotiate one final time. Ask for 6 month performance review and raise if satisfactory performance. And performance as a promotion at 12 months of satisfactory performance. Using these will give them a chance to see your performance as well as close the gap. Be clear, what they are offering is before what you make and your want a fair opportunity to be paid at market rate. (Don't tell them how much below, just that it is below). You can also request a sign-on bonus, additional pto, or conference/ learning fees paid in order to make it worth it.

Ultimately, if the job reduces your stress. You can take it and get mental/ emotional relief. Just don't stop interviewing even after you take it. Don't put it on your LinkedIn or any of that. See how things go and I'm sure it will all work out. ❤

smart

Does Deloitte have an LOA option? You could take LOA and use that time to recover mentally while also prepping for interviews.

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