How hard is it to re-build your network at the manager grade. I feel highly under appreciated at my current firm (passed up on promo). Have offers to lateral to another tier 2 (e.g. S&, OW, EY-P, LEK), for a comp increase (c.10%). Do I take it? Don’t really have a strong desire to stay in consulting, but seems like an okay short-term shift... thanks

like
Posting as :
works at
You are currently posting as works at

The comp increase is minor, so I'll put that aside. Building a new network is time consuming, and complicates exit efforts if you want to leave soon. Lateraling as an M often resets your promo clock, which is worse than the network issue. Does being passed up for promo indicate a usual delay (too few seats due to covid this cycle, but you have a solid chance in 6 or 12 months) or is it a soft way of telling you that you have no future there and need to leave?

If it is basically a soft counsel-out, then consider how much time you have vs how long it might take you to secure an exit to industry. If you don't know where you want to go next, you don't have much time, and/or you're starting from scratch, take an offer.

If you have a more normal situation, stay. Given that you don't plan on staying in consulting, a better plan would be to try and coast a bit at your current firm while looking for an industry exit over the next year, or maybe 2 years if you do get promo soon. Instead of dedicating time to building a new network, proving yourself and acclimating to a new firm, use that time and effort to exit from your current role.

Lateraling complicates your ability to exit consulting because recruiters are less likely to contact someone who just started a new job, and it raises questions of "why lateral" and "why leave so soon", neither of which are likely to show you in the best light.

Then again, there is not much quite like the feeling of a timely "you didn't promote me? I quit!" 😋

helpfullike

So it’s really more the former. I’ll get it, but just on a delayed timeline / ‘I wasn’t ready’ 🙄

I honestly feel a bit crushed, because my peers who by some metrics were performing worse got it. Feels like internal politics and if I don’t have the support now, I can’t see a long future here. But definitely not being counseled out.

I just want to stick it to them quite honestly. But maybe you’re right, might not be the best medium term move for myself. I’m just so annoyed 😞

like

Not too hard. The only catch is that you can’t underperform and “crash” the project as an M.

helpful

Makes sense. Pretty confident in my abilities to deliver. Any other downside risk? Or should I just take it and not look back?

Actually pretty significant. I came in M level to a T2 and my previous experience was openly distrusted and discounted. Thankfully it was essentially only a year for me before I moved on but It’s definitely not worth the trouble for 10%

helpful

That’s exactly the kind of shift I was considering. A year and out. Couple of follow up questions.

1) Did you regret the move?
2) Did it help you land a better exit?
3) if I could negotiate, what % increase is worth the trouble?

Thanks!

Related Posts

Started career in SAP consulting but would like to pivot into sustainability and environmental consulting. Does my current work-related experience disqualify me for jobs in this field or what should I do now to make myself a better candidate for jobs in this space? Any companies I should look into with sustainability practices?

like

Do PE firms give annual COL raises, even in years when inflation is standard/normal?

like

If you didn't go to college, how did you learn what you know now in marketing?

like
like

Hello Folks,

I am looking for my first switch

YOE- 2.6
TECH- ServiceNow developer
Current CTC- 6.6 lpa

I have one offer of 11 lpa.
Could you please help me how much I can more expect?

TIA

Hi there, can anyone give me the salary range for SM / Director at EY Canada? And if there a director role available at the firm?

like

S&P Global what is the salary of a 9A grade employee with role Quality Engineer II in S&P Global?

like

Kind of a different question ... for those who made the move to PE, any questions or things you wish you would’ve asked / known when you were interviewing that you know now working in the role?

like

How are the annual hikes in CBA , TIA ?

like

How would one make the switch from internal audit to change management? Trying to get out of IA and work in change management but need some pointers to start.

like

Hi All,
I have 5.2 YOE as Java Backend developer along with sound knowledge on Devops and Aws cloud. I am currently looking out for change and have one offer from a startup for 28 LPA fixed.
Also offers from Here Technologies and Harman are in pipeline, How much should be the minimum expectations from these companies on offer side. And Also which one to prefer??

Any insights would be highly appreciated.

Thanks.

like

Does anyone know salary estimates for an Associate role at Norwest Venture Partners?

like

How competitive are promotions at Deloitte GPS?

Hi Guys,I joined Cognizant as a BA.One client took interview for RPA Project.I was pretty happy it's a new tech but into the project the onsite BA's r doing all the work n m just creating documentation.I am really frustrated.I picked cognizant of many good offers.They r spoiling my career.What shud I do? Tell my manager or just resign.Its not good leaving company in 6-7 months.
Plz help.

like

Second year associate looking to switch into transactional practice for a few years.
Which transactional practices have the worst and best non-law exit options (strategy, ops)? I understand M&A is the best, but how about debt finance? Fund finance? Aircraft finance? Thank you!

likehelpful

At McK does integrative = generalist? Or are practice aligned consultants also integrative

like

Currently a Sr. Designer finishing my masters in marketing/pr and am being offered a job as a pr & marketing manager. Is it a bad move to leave the creative side for bit? My goal is creative director.

Hey Folks,

Need a couple of pointers before going for the salary negotiation round.

YOE : 6
MBA Tier 1, B.Tech Tier 1
Post MBA Workex: 3 years
Post MBA Work-ex: Strategy Consulting (Big4)

Current CTC: 22 (19+3)

How much should I ask from ACN for a consultant level role (L-9). Also, at what exp do ACN hire for L7 roles ?

like

🪡 ✨ New threat dynamic ✨🧵

Age and salary. I start:

27: 130k

like

Paypal Hello, I've been offered Data engineer /Software Engineer at PayPal, india.

How's the company doing, is it profitable? Bit skeptical about the recent layoffs at PayPal.

Any data engineers at PayPal around? Whats your thoughts, how's the team doing and how would be the growth?


YOE - 5 TC offered : 19 Base +10k RSU (3 years)


TC seems to be a lowball, but that's their budget, no scope of negotiation.


Is it worth joining paypal

like

More Posts

Looking to transition to a new career, possibly to SWE. I have a physical science background with some student loan debt. Before I dive into more student loans, I wanted to check out some Software Engineering boot camps....

Any recommendations? What's your personal experience? Are they worth paying, or is college the way?

likeupliftinghelpful

Anyone from RBS, tech stack Java API?

What is better option GSK Health consumer now Haleon or Stryker with same Package. ?

like

Anyone who is interested for below roles. Kindly DM me for referral in PwC India.
PwC

Post Photo
like

How much does a senior cloud security consultant make at EY?

What benefits should I be asking for if I’m leaving 401k match company with good stock purchase program?

I’m in considering relocating looking for high income low tax city.

like

I've cleared the technical and managerial round in Citiustech. I will have my HR discussion tmrw. My current CTC is 12.75 LPA. I've asked for 17 LPA fixed during the initial stage of interview schedule. Will they offer as my expectation ?

YOE -4+
Stack - ETL developer

@CitiusTech

like

Hey All, EY GDS has nominated my wife for raising L1B. Does anybody know what are the chances for this to actually become a reality ?

Is there a filtering process internally in EY before it is actually filed ?

Also, what is the average approval rate for L1B when raised from india ?

like

I’m in Deloitte human capital and want to eventually (but sooner rather than later) move to industry doing internal talent/people stuff. My coach recommended getting SPHR or equivalent. Thoughts?

What are the best MBA programs for OD/HCM/change mgmt? I have decided to pursue an MBA rather than a masters in IO psych, but wondering if any b-schools are particularly known for good programs in this area (similar to how Kellogg is known for marketing, etc).

like

Any book recommendations on change management?

like

What does a HR Business Intelligence team do? Not exactly sure what they do to help hrbp

like

I’m so honored and excited to offer 5 complimentary, one-on-one, 60 minute career breakthrough sessions to the over responsible organizational development professional who is ready to stop chasing permission, perfection and people pleasing and identify what they want and how to get it. Let me know if your interested. It’ll be fun and informative. I can’t wait to support you in up-leveling your career!

likefunny

Hello! I’m new here and looking for positions in talent management specifically as a Talent Business Partner or HR Business Partner. Open to relocating but more interested in remote positions or local in Washington DC or Northern Virginia. I have a master’s degree in I/O psychology, SHRM-CP and 7+ years of talent management experience. If anyone is hiring, please let me know!

In need of advice: I am starting a full time role (Senior Consultant) in an industry that is my post-MBA goal. I want to start MBA Fall 2022. Does it look bad to AdCom if I apply R1 having been in my job for 1 month? (Will have 1 year when I attend). Thanks!

like

Got an offer from a startup for 19.5LPA.
Its base is 15L, and I'll be getting 124800 in-hand.

I have 3.5 yoe in typescript/react/NEXTjs fullstack. Out of which only 10 months are on a full time role, rest of time was freelancing.
I am also an open source contributor for some NEXTjs related tooling.

Is this a good offer?

like

Not compensation based... but this is the largest Canada bowl so here goes..

Am on the look out for Senior or Mid level Android developer roles that offer relocation to Canada. I have 6years of Android(Java/Kotlin) experience, 2 of which are in leadership and 2 years of experience building MicroServices(Javascript, Typescript) resting in AWS(CloudFormations, OpenSearch,DynamoDB, Cognito and Lambdas).

Any leads?

like

Hello guys is anyone living in chennai nearest to tril infopark tharamani? I am looking for a pg please do let me know if anyone vacancy is there

like

Bosch Hi , could anyone refer me in Bosch with any opening related to AI/ML , python,django, HTML CSS,django?
I have overall experience of 5 years
Looking for Bangalore location and abroad too if possible.

like

Can anyone help me with referral for EY, Deloitte, TCS, Infosys?

Additional Posts in Consulting Exit Opportunities

First year (ug level hire) and got email from apple recruiter. Would love to exit to FAANG but not sure I'm ready to leave BCG in my first year but maybe after 2-4. What is best practice?

like

Anyone heard of Sonder? Any insights into the startup? Potential role in SF

San Francisco still considered one of the best places to move to if I want to work in the tech space? Considering cost of living, talent saturation, etc

like

Any Microsoft folks here? looking for interview tips for director level.

Looking to fill an open manager role on a supply chain implementation team for fortune 15 company. Short implementation cycle (3weeks). Travel but flexible. Stress is much lower than consulting.

My last interview at a smaller firm was last Wednesday. I haven’t read back from my recruiter since then but he did look at my LinkedIn profile on Friday but still have not heard back. Do any of you 🐠 think I might have not been a good fit and they are interviewing others?

like

Senior Consultant salary for experienced hire, PPM at EY in SF? I have 2 YOE.

Thinking of declining an offer with Deloitte. Will this hurt my chances of applying in the future?

like

Microsoft Finance Awesome Crew,
Any advice or tips for the interview process for Senior finance manager position?
Thanks in advance! 😉

Post Photo

I’ve noticed that the are a few companies that aren’t performing a drug test as part of their onboarding, does anyone know if Microsoft are performing them at the current moment?

funny

A couple months into consulting and realizing I hate it and have no passion for it whatsoever. Is it crazy that I’m thinking to give up this job and completely switch into recruiting for tech? Any consultants who’ve made the switch willing to connect?

like

Reports are that the average tenure of people in top consulting firms is 2.4 years. Interesting how the industry is even shorter. Thoughts?

Post Photo
like

Exited to a tech company 2 weeks ago. Should I be worried about layoffs… strategy and operations role

like

I just had a final round with a company and they’re asking me for details on my other offer (which I mentioned because it moved up my timeline). Should I tell them?

Anyone know about Vista Outdoor?

like

Hi, anyone willing to chat about Biz Ops at LinkedIn? Currently a strategy consultant at T2. Thank you!!

like

Anyone ever asked to sign an NDA prior to interviewing? Just had a DocuSign sent over for a phone interview I have next week

Timothy J. Aveni’s resignation from Facebook is a class act. The man has the confidence, skills, and integrity to go far. It’s eye opening to see the professionals respond. HR should be following close to how people respond to his post on LinkedIn. I stand with Timothy!

likefunny

Being recruited by Amazon for a Senior PM role. What can I expect for base/comp/rsu?

like

Anyone have advice on what to put in a cover letter for an MBB management consultant role?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal