Hello 🐠, is it worth entertaining an offer from McKinsey for 165K + 30K sign on bonus for a associate role (and relocation required to either Boston or Atlanta)? Currently I'm a Manager in a Big4 and making 175K a year. Any inputs are helpful for $$, position & work life balance. Thanks for the help!

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Scenario 1) You exit in 2 years - better higher paying exit ops, + performance bonuses at MBB make McK the better choice.

Scenario 2) You stay in consulting for the long term - salary climbs MUCH higher and faster than Big 4, McK still the better choice

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Given the step down in title, I would do it if you want to be in consulting until partner. McK will have a better comp in the long run. If you want to leave consulting though, keep the manager title and look at industry instead

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I agree with D1. The title will help you in the exit opportunities … mck might help you if you want to exit to strategy roles but other than that won’t be different from big 4 exits

I think the benefit of having McK on your resume and the exit ops it brings outweigh the pay cut.

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On average it takes 2.5 years to be promoted to Engagement Manager, but people with consulting experience usually takes 1.5-2 years. Assume you have good performance, your comp will increase by 25% YoY. You can hit $300K TC in 3 years

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East and west , McK is the best ! Hurry up and join 🤣😂

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The loss of title is more of a concern than the pay cut IMO since it limits your exit ops and effectively limits your opportunities to leave.

Mind sharing what work you currently do? If it’s in super high demand then maybe the title doesn’t matter. If you’re a generalist consultant then I’d be concerned.

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That's what worries me too, loss of title. I do SAP right now (hope it's not too generic). Goal is to move up (either in consulting or industry).

The year end bonus is not going to be 100% FYI. But you will be changing the roles you’ll be playing. And the brand name will be useful

Bestplaces.net cost of living calculator is pretty eye-opening regarding these big life decisions.

Thanks for the inputs all! Really helpful info!

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Can someone help me with the in-hand salary?
I assume Its 1.24 including taxes. 20k is reserved for Performance pay, I believe they will atleast pay 50% i.e 10k per month.

Is this good offer for 4.2EOY?

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I have been working as a Sr BA with 3 YOE for Uber. I have the following offers

1. Zomato : Product Analyst , 21 LPA all fixed

2. Meesho: Snr. Business Analyst, 20 Fixed + 12 Esops (3yrs vesting)

3. Uber: Manager (L3) - In process (mostly they'll match to retain)

4. Google: Product Analyst - In process (I'm confident I'll have something but process would last longer, and I have will have to take a call on above 3)

I have an incline to build career in product. Suggest me the best.

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Want to ask so they give any goodies to new joinee? Or even to existing employees? If yes, what do they give? Excited to know these little details.

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Hi fishes, what are the top salaries for APM in Indian startups currently

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I’ve been proposed an exit as Product Owner at a real company, not a consulting one. Staff seems nice, good culture, good salary (less than consulting but well), BUT I would have to move countries for that job and start a new life.

I’ve also been proposed a Manager position at a consulting company in my home city, with potential of bigger salary thanks to bonuses. Culture seems good... But I’m sure it’s gonna be a hell lot of work.

Which one would you take? Should I exit and never look back?

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Hi,

I am having total 4 year of experience. CCTC is 8.6 lpa TechStack is Java,Springboot,Microservice with Azure cloud

I have offer of 19 LPA from Optum which includes 2.5lpa variable

Today after HR round with Morgan Stanley they have given me the amount as 2365000 base + 141900 EmployerPF + 354750 Variable + 4.75 lakh relocation.

Now, I am totally confused which one should I proceed as the amount is also beyond expectations from Morgan.

Please help me in choosing one out of both of these.

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