Hot take: leave consulting asap! Mgmt/strategy consulting is not doing well as a whole and wont be for while. Not only are people losing compensation and jobs, theyre losing the experiences that are really applicable to industry. In my exp, most consultants are now working on now projects related to coronavirus relief (PPP loans, cost takeout, bringing employees back to office, etc.). I’m an avid linkedin user and I’ve noticed 50% of my practice now has premium. Must be saying something.

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Thanks for the industry update, associate.

likefunnysmart

I’m just here so I won’t get fined

funny

Interesting to see an associate flash this hot update... 🤔

Cold hard fact: Strategy is doing just fine, and in many instances we are printing more money 💰 💰 💰

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So consultants are busy working on issues that affect literally every industry and company, large and small? That's literally the job: seeing businesses thru their hardest problems

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Is “hot take” just code for “self-important unsolicited input”?

likefunny

Yes. Lol

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Business is fine for MBB

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Damn I’m too boomer to understand why my
post was boomer worthy. I knew this day would come eventually

OP, The people with time to update LinkedIn are the ones who aren't working. The very people you shouldn't be listening to.

My Team has over 500 people, 3 SMs, 5 M and no one else on the bench. Totally tapped out.

None are on a Call Cemt project, and the Corona projects are building models for tracing.

You are getting grief because you are using trivial anecdotes and making unfounded assumptions.

likehelpful

The longer you stay in consulting, the more you are missing out on a salary bump and precious RSUs. Finally making your first 500k/ye as a partner when your 42 yrs old vs making 130k in industry starting at 25 yrs old (post consulting, highly realistic in HCOL cities) + RSUs built up over 15+ years...you do the math.

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There are over 3m startup employees in the US- yes some get lucky and perfectly time the wave, but there is a reason equity is your risk premium, not your salary.

Truly a hot and controversial take indeed.

funny

Which practice are you in?

Ah I see you’ve found that strategic and Managment consulting have a little ✨volatility✨😤

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