I’m being offered a Director role with a privately owned manufacturing company with ~$5bn revenues. The pay almost doubles my current total compensation (GREAT!) but thought to ask if there are....

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Posting as :
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Lolz... cya, bye!

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How did you go from consultant to Director?

Congrats on the new role.

likeuplifting

More context: I actively sought out the role as part of my effort to get out of consulting for a more normal life

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In a prior move, one thing I wished I'd asked about and negotiated for was 401k matching. Turned out they didn't match in Year 1. My new boss said if I'd told him during the hiring process, he'd have built in that I'd get it immediately.

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Working at a privately held company will be such an upgrade! Comp aside, the culture of not having public shareholders to answer to will be so nice. You own yourselves

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Only thing to consider is that your pay probably won't grow at the same pace as it would in consulting, but doubling your pay starting out should make up for that. Enjoy!

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Go for it

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Don’t second guess it, just go. Clearly you were looking for a reason so this seems like the right play

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What else is important to you other than comp? And how does the new comp break down as far as base, bonus, etc.? Just based on the limited info I'd say jump, you actively sought it out, and you get a big bump. Congrats!

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I would go for it if you want a change!

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Is the location where you want to settle long term?

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...other things I need to consider before making the jump

Sounds great

Bye Felecia

What’s the new total comp?

Are you a consultant jumping to director?

Lolz power to you I’m doing the same. That Director life 🙌🏻

Nice job!

Time to go buddy. Don’t look back once you’ve made the category choice

Just did something similar - only higher level. When you get that kind of opportunity, jump on it. Consulting will be there if you ever decide to switch back

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UPDATE (RE: SoCal Assistant Controller Interview)

So after two weeks of waiting (and giving up on the idea of getting the job really), the recruiter got back to me.

They said due to month-end and quarter-end close they were busy and couldn’t get back to me as quickly for a “good update”.

The recruiter said the CFO enjoyed our call, she, the CFO, will call me next week directly to “discuss some final things”.

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