Has anyone here taken a large payCut / title cut to switch industries?
Do you regret it? Currently at ~ $170k all-in. Nearing an offer from a firm that will come in at ~ $100k base and 10-15% bonus for year 1. Catch is that it is somewhat of a "dream" gig if I get it, that will leas to a better earnings potential in the long term (7-figure outcome is a solid chance if I can hack it). A little scared to take potentially a $60k+ payCut for next year (~$180 vs ~$115) however

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Had somewhat of similar situation and never regretted it. I needed out of consulting though and went back to industry for a role I thought I would love (and mostly did). I’ve pivoted slightly again to a different internal role and I don’t think I’ve ever been happier in my entire career.

I turned down a ~$30k retention bonus and $20k+ pay increase for my career change but have made up the difference in pay since.

I get to do work that is exactly what I want to be doing in an environment that is healthier and have zero travel.

Most importantly, because I work less and no longer travel 240+ nights/year, my marriage is healthier and we were able to start a family.

I feel like if you’re good at what you do and your not an a-hole, money will always come so why not pursue what you want? Worst case, as long as you leave on good terms you should always be able to go back to your old role or a similar one at some other firm!

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If it’s a dream gig, I’d take it. No risk it, no biscuit.

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Do it.

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Confused how a dream gig like that could end up getting you to 7 figures? Pay is too low for entry level IB or MBB so what is it

Somewhat of an obscure role (at least for fishbowl crowd) in “the” firm for a specific sector within finance. After ~2 years pay would jump to ~250k and grow from there. It would be considered an exit op for people in IB/PE that are interested in this space, but because I do not have that background I would come in as an experienced associate with limited bonus potential rather than a senior associate making 50-100% bonus. Definitely a risk because I don’t know if I’ll be good at it and it’s more hours than my current gig, but the payoff is in the 7 figures eventually (~10-15 years down the line likely)

Dream gig because of personal interests/background from growing up / college.

EDIT: Also aware my fishbowl title says manager because that’s technically my title, but I have just over 2YOE, so not a heavy reset outside of comp

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How can I request for counter offer to Nagarro? Can anyone please suggest some email template?

And yes, will Nagarro match my counter offer?

#offer #offernegotiations #multipleoffers

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Hi All,

Can you help me my what will be my in hand salary

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What are realistic expectations for 3rd Year Analyst / Direct Promote Associate bonus range at a BB? Note that at MS, 2nd year bonuses in my group last year were 90-115K, while MBA associates received a pro-rated 90K stub (~40k). Personally would be pretty unhappy to take a pay cut between 2nd and 3rd year…

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Shall we start curating a list of comp/bonus?
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Hi all.

Please suggest on the below:

YOE- 2.8YEARS
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CURRENT OFFER-10 LPA

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Please suggest on this

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My parents are visiting this week and mom and I made dinner tonight. Salmon is seasoned with Trader Joe’s ajika (a Georgian spice blend) and we just roasted the broccoli. The standout is the mejadara. It’s spiced rice and lentils with fried onions and is popular throughout the Middle East. We used the recipe from Yotam Ottolenghi and Sami Tamimi’s cookbook, Jerusalem.

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