Is it a bad idea to accept a job offer in advisory with a looming recession? Currently in SALT at a Big 4 and dying.

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I will check my crystal ball and get back to you. It would probably be riskier but could be a great move. Just because the is a potential recession doesn’t mean you automatically lose your job

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Thanks, let me know what it says!

Yeah that’s true, realized that even if it’s riskier, they probably wouldn’t be offering me a job if they would lay me off ASAP.

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There’s always going to be a looming recession.

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How’d you get an offer to advisory from SALT? 😱 I’m in tax and it seems impossible to switch out

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Good news is, there’s always a need for qualified SALT professionals, so you have that skill set to fall back on. Now, early in your career, is the perfect time to take a calculated risk!

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Prob varies team by team but I’m in advisory (deals/FDD) and had many ppl recently leave to other roles. Doubt they are going to lay off anyone with this level of attrition. No talks of layoffs either (yet).

I don’t know why people seem to still have this misconception but I get the same offers from recruiters that fdd people do. If I wasn’t hesitant to switch jobs in the current market I would have definitely interviewed for one of the m&a and Corp development positions I got pinged about a couple months ago.

Ironically all the boutique m&a offers had 50% more hours on average for only 30% more pay with mandatory in office schedules all days. I’m at 117k base in lcol and completely virtual so I didn’t see the point.

Fuck it take the advisory role

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