Is “prestige” more important than compensation? I am currently evaluating a couple of opportunities. One has a potential to be more lucrative but the firm is not a “prestigious”. Thoughts?

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Prestige doesn't pay for food or the roof over your head.

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Prestige is only helpful from an ego perspective or an exit opportunity perspective. The latter is smart to think about the former is meaningless.

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Agree-I was sort of wrapping that up into exit ops / future impact (from the network, credibility, etc)

Depends on where you are in your career. If you are near the beginning you maybe able to parley 2-5 years at prestigious company into more money for the next 35 years.

If you are mid career, you get less of a boost from the prestigious job and have fewer years to recoup in higher future salary.

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Depends on what degree. Prestige such as brand name and title at a big company will take you further than an immediate $20-30k increase if you know how to leverage it for your next opportunity.

For example, I would take a Senior Manager position at Google over a Director or VP position at a small company. The reason for this is because small companies can literally throw out any title to get you on board. Thus it holds no value. A “CEO” title for a start up carries significantly less weight than a Manager level position at a prestigious firm.

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^Agree with C1, although the two may be connected- depends on the situation. For consulting, esp in NY, going to a boutique shop will hurt your career. There are many small pop-up bogus European and UK companies that have startups in a few cities. They entice you with higher salaries, unlimited PTO etc. Most are con-artists.

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