Got the following offers on the table:

1. Big 4 - Manager, $180k + $20k sign on, told a good expectation is 12-15% bonus next year. 1.5% 401k match and 3% pension contribution. First year cash would be around $225k
2. New, well funded advisory arm of an established business - Engagement manager, $210k, 20-25% bonus. 2.5% 401k match. First year cash closer to $250k

Big 4 is a defined path with history, reputation, and exits. Other place is largely unknown but a lot of comp.

What do you think?

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#2, you can pivot back to big 4 if things don't work out. Low risk, high reward for being on the ground floor for #2

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Yes, it's realistic - just add your interviewers on LinkedIn and reach back out if option 2 doesn't pan out

Agree with #2

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Do you want to be with big 4 10 years from now?
If you seek to be a partner then go that route. If partner and its requirements/lifestyle are distasteful to the other.

Don't look as much at year 1 but rather happiness at year 10, assuming you settle in at this place

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I figure that if I go big 4, 10 years from now I'll either be partner or in industry. At #2 I have little idea what 10 years from now could look like. Maybe partner? Director? Homeless? No clue haha

Big 4 will always be there. Go option 2 without question. If it fails then go big 4

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if Deloitte, and you’re okay with the travel/not seeing kids once travel ramps back up then I would do that. Longer view of money w strong name recognition. The other big four for consulting have lesser brand value for exit props in my experience.

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Good point - the big 4 is Deloitte, yes. From all conversations, my D team will be traveling about once every 3 weeks (weekly on short turn projects, much less on longer projects like implementations). Other option looks somewhat uncertain re: travel, but the last conversation I had made it sound like there would be a heavy travel expectation (weekly or close to it).

#1 is Deloitte. Pass.

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Can I ask why?

How many yoe

10 YOE, all in consulting but none at a name brand. No experience with good structures

uplifting

What sre your career goals? If you want to leave for industry in a few years, then big 4 may have better name/role recognition. If you want to make partner or equivalent, investigate and what that would look like at #2

Say more about #2. Sounds like the expectation is to build an advisory practice. Is that really what you want to do? That would entail a lot of struggles that might not exist at a big 4. E.g, at big 4, you would do some bd, and maybe interview and train train new hires. But at a #2, there may be a bigger focus on sales due to a growth focus, you will need to win business without a big brand name or case studies, not only will you need to hire/train people, but you need to come up with the interview cases and training materials too. At big 4, promotion timelines and criteria are established and well-understood, but at #2, these may be unclear due to lack of track record.

Appreciate the thoughtful reply. I'm open to staying in consulting or going to industry. I want options more than anything. Not hell bent on making millions; more interested in making a good living and doing good work.

Option 2 is with a primary market research firm (I believe that business is north of a billion a year) that is starting a healthcare advisory practice. You're right on all accounts about the expectations and likely challenges I'll face. My background is consulting, 3 years of which has been in pharma commercial ops. No strategy experience, which makes me a bit nervous about likelihood of success at 2, but they seem very confident in my ability to pick things up quickly

Is big4 deloitte? But second option seems better.

Deloitte brings stability. In uncertain career times, I might place more value on such a big firm that brings in such high revenue. If the second option is heavy travel, might as well do Deloitte anyway.

Does Deloitte have a pension contribution? I know pwc does but I think it’s higher at mgr.

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