I have two offers:
-$165k with a City of New York agency
-$130k plus $5k signing bonus with
EY Gps

I feel ho-hum about the government job because I’ve been doing it for so long, and also the option for hybrid work is uncertain. But the salary and benefits are obviously appealing.

Any thoughts, especially from those in private consulting?

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For me it’d come down to where in my career I am and where I want to be in 5 years.

Am I younger, without kids, and ambitious? I’d probably go with EY for progression opportunities with the knowledge I could be at 165k in a few years. Plus you get a bonus!

Am I older, have kids or responsibilities that demand my time, and want flexibility and good WLB? Staying at NY seems like a better choice then.

Either way though, if local govt is paying more than EY, it sounds like EY may be undervaluing you.

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Ey gps hours are fine for someone with a family. It’s a true 9-5 unless you really suck

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Do not come NYC gov! No job growth, ancient people and technology. There will never be remote work and all competent people are leaving! U will hit the city salary in 2 yrs in private sector

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I’ve been with NYC gov for 12 years. Everything you’re saying is true

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Gov comp growth is slower than industry. 130 I’m assuming you are coming in as senior 2 or 3? You’d get to 145 next year and 165 the year after with a promotion, and the trajectory continues.

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You salary will grow at EY year after year. Think about it long term. Which opportunity has the highest potential of salary growth? And which opportunity can get you past 165k faster?

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How long have you been with the city? Can give you my two cents. Left city service for consulting late last year. My general advice is to leave unless it’s a really good experience, but DM if you want to connect. Have worked with many city agencies.

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I was faced w a similar situation recently. The Deloitte offer for gps was lower than my government salary. Obviously opportunity for growth and long term earnings is higher in consulting but I chose to stay w my current job for a couple reasons. 1) seemed like Deloitte was undervaluing me which was tough for me to accept given that they’re coming off one of their highest years of revenue growth ever!; 2) the independence and WLB I have in my current office is second to none and I love my team. Everyone’s situation is different and it’s so hard to make these decisions just on numbers because at this stage in your career there a many variables other than money. But I like my job and we are mostly hybrid outside of busy season. If you’re on the fence about your current job then I’d make the jump.

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All my friends who work in consulting made it seem like promotion and bonus potential wouldn’t be an issue. I think the main sticking point for me was that I wasn’t sure how much I’d like the work environment. I was also coming in at Senior Consultant and the next promotion rung is Manager. I’m not interested in managing and I enjoy just being an individual contribution w good compensation. Hope that helps. I think it’s just super situational

You can always come to consulting at a later point? I don’t know about others but government exp is always valued in gov consulting and I wouldn’t take ~30k less job especially times like this. If EY doesn’t match/beat the gov offer you have then this is a no brainer

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I used to work for the City of New York and I wouldn’t go back. Way more growth and opportunity in consulting.

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How is a government job paying more than EY? If you intend to stay 3+ years, I would take the EY job.

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Idk what the growth is like at the NY agency, but growth at EY is fast. With that being said, If the gov job has the same growth progression, I’d choose the agency

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Does the NYC job contribute to your pension? That is definitely something to consider.

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It does but not at the level it used to! All new hires are getting fraction of the benefits that older hires are getting

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Market could be experiencing a downturn and city employment could be a risk mitigator for 2-3 years.

Do need to feel more than Ho Hum about your job? That answer might offer insight in what you should do.

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