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I have 2 offers, one from JPMC ( LOB IS Consumer and Community Banking) and the other from Wells Fargo. Both are giving similar roles, and exactly same pay. Location is Hyderabad. I tried for revision of pay but it didn't work.
Could anyone help me understand which one is better to join in terms of hikes, technology used and work life balance. I have to join on Tuesday, 16 Aug.
YoE - 16, Tech stack - Java Microservices
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If you’re clear on what you want in life and there is a fit, it’s absolutely worth it. However, consulting is not for everyone either. So you should determine what you want out of life and how consulting fits in those plans. You will have your answer.
Consulting can give you the ability to solve the most complex problems for the world’s leading companies or organizations, work with some of the smartest people (some of whom can be great friends), earn a lot of money (5 to 0.1 percentile income based on how long you stay), and feel intellectually satisfied.
Some of the best parents, spouses, SO, and friends are indeed consultants. So you can be all that too.
Without knowing anything more about your situation it’s hard for other 🐟 to give you specific advice. But engage your SO and kids (if you have either) in your assessment and decision making. The important thing is to remember that you are determining what’s right for you. None of us can do that for you. And many of us here have determined that it is indeed worth it (for ourselves).
It’s really a personal decision everyone has to make for themselves, there is no correct answer for everyone. The travel issue and being away from family is probably the #1 reason people leave consulting. Others struggle with it but make it work, and others are just fine with it.
There are always going to be tradeoffs in life, but your values may make some tradeoffs much more or less valuable than they would be to someone else.
And, you don’t have to travel full time. Pick a large client in your market and become more account oriented (instead of competency oriented). Won’t preclude any travel but will reduce it significantly. As you progress, there are lots of different career paths and ways to be successful
Time is a valuable commodity, spend it wisely
Based on how you framed your question, travel seems to be your pain point. I would advise a few potential options but still want you to stay in the consulting industry:
(1) Stay at current firm: Try to work in an industry that will keep you mostly local
(2) Switch to another consulting firm: Switch to a consulting firm that has local model
(3) Switch to Industry (least preferred for type As)