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I have recently joined EY SaT group as senior consultant recently in Netherlands. I’m tripple masters in MS economics, MBA and MS business analytics. Have 4 YOE in different industries but no M&A experience specifically. Any ideas what company should be offering me? I’ll be working as expert on commercial due diligence, FDD and valuation teams and doing automation alongside. is it wise to demand higher salary or promotion soon after I have proven that I can work and do it better than most?EY
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This is good for MCOLC, definitely above average. High end in HCOLC is around $350k, but that’s a small number of big tech firms in places like NYC and SF. A1’s expectations are off—it will always be a substantial pay cut going from big law to in house, but the hours difference and not billing your time makes up for it.
Atty1 I work nights and weekends but I’ve learned that’s what the big salary gets you. I wish I could go back to my last company with WLB for less pay
I wouldn’t leave biglaw for this.
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Yeah, I disagree with A1.
Seems reasonable, TBH. You can try pushing for a $210-220 base. How big is the company?
I’d say take it. I went in-house and never looked back.
What’s the 401k match look like, and is the 20k of equity per year or a one-time grant with multi-year vest?
A3 - you've got it good. I'm 20+ YOE (though <5 in-house) at an employee-owned company in Denver/Aurora. Base is <$200, TC closer to $250.
I think you should push for more equity. I think you could be closer to $50k-75k. Also the vesting schedule can make a big dig difference. Some places vest monthly or quarterly after your 1year cliff which is much better than an annual vest.
ETA- also make sure you understand if there are refresher grants and how that works
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The grant would be annual but I will admit I don’t know how/when it increases. I need to understand that better. I’ve already pushed on every aspect - they moved on base but can’t move anywhere else.
What is the title/level of responsibility?