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Have a formal offer at Citi for 120K as an AVP in the NY office. Currently making 92K at my current role where I feel there’s not much room to grow anymore. Is this a fair offer? I currently WFH pretty much full time at my current role which has been amazing, but it seems like Citi would require me to be there 2-3 days in the office per week - and this is something I’m very hesitant about. Thoughts on how to approach this?
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McKinsey & Company Does working at a McKinsey subsidiary or specialist practice open doors similar to working in generalist consulting there? Examples include Orpheus, Finalta, QuantumBlack and other acquired companies. Can you work there for 1-2 years and benefit from a halo effect that helps you enter industry more easily? McKinsey & Company
EY, I got my Roth IRA contributions set to max (30%). Does Fidelity automatically lower the % and stop contributions afterwards once I reach my 2022 limit?
Also at Deloitte, I had a couple thousand contributed in the beginning of the year. Does EY's 401k keep track of that as well towards the limit?
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I don't have answers to your questions but I doubt you will come back as a "final year" M, regardless of what the recruiter tells you. If you have the right experience and contacts, you may come in as M (could be SC too) and would have to go through the standard 3-4 year promotion timeline. At the very least, you'll have to spend 2 years in the role before you get promoted to SM.
But you also said you reached back out? So did they ask you or did you ask them?
“What have you done for me lately?”
You joined the member firm as M because that’s the US SC equivalent. They may hire you as M1, maybe, depends on your experience. They would likely never hire you as M4 and place you up for promo same year bc that would not set you up for success.
Pro
I’m sorry to break it to you, but member firm experience means little. As an American who has now worked for 3 member firms (4 if you count an internship) , they really don’t care. Also when you’re hired you get brought in at your that level from the beginning. Sure you can early promo, but anyone telling you you can walk in during your last year as a M is lying (this is true for 99% of firms)
Pro
Respectfully of course. Also, you’re coming into a thick bench and tough market - applicants have 0 leverage right now, especially at the M/SM level (a lot of offerings are pretty top heavy right now)