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17% raise but 50% more work….. I mean; depends on you mate and where are you in life
Pro
if you are prioritizing growth and experience, join consulting. if you value your health and WLB, stay where you’re at.
That said, 17% bump is not enough, it will drag down your wage per hour.
Which firm and practice? That really informs the hours you work, though you will likely have the occasional 60 hour week regardless
Great questions. There was not enough info from OP. And as always the answer is it depends based on Company, LOB, Role.
Time to grind
If you’re looking to gtfo of your role in industry and think the consulting experience can get you where you want to go eventually then I would do it
Consulting will open doors for future opportunities. Think of it as a 2-3 year plan to grind, grow and learn. My hunch is that you want to get out of current industry position for a reason other than a modest 17% bump. Consulting will give you that exposure and help you land the next big thing. Who knows, you may end up liking it. Regarding WLB, ive found its team/service/ industry dependent. E.g PMO in life sciences will be easier than strategy in FSI etc. Personally, I’ve been in consulting for 3.5 years doing a variety of things and I genuinely enjoy the work I do. Will likely hop around but still plan on staying in the field. Wishing you best of luck!