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Fam, need an advice. Asking for a close friend. He has 2 offers 1. Jpmc: ctc 21 lakhs(excludes bonuses) 2. Morgan stanley through third party: ctc 27 lakhs (includes everything) Which is better in terms of career growth,job security? Work is sort of similar in both. #Morgan Stanley #JPMorgan Chase
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Congrats on the offer! Brand isn’t worth a 40% drop IMO. Definitely negotiate: start with base and move to sign-on bonus if needed. Good luck
Coach
Why did you interview at the pre mba level in the first place?
I interviewed for consultant level, but was offered SAC
Coach
If you interviewed for consultant but were offered SAC then no I wouldn’t try to negotiate up. I’d take it, and perform. Maybe ask for a bigger signing.
Coach
If you plan to stay 1-3 years, not worth it. If you plan to stay over 3, then worth it. (The demarcation line may be 2.5)
^this is probably the best advice
100% must negotiate to at least consultant level
If you perform well, it's possible to get the SAC -> C promo in six months
From a compensation perspective, the payback would likely not materialize. This decision must be made as an investment in your personal happiness if you think Bain will provide you more than what have here in terms of day to day work, exit opportunities, culture, etc.
Consultant level or burst