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It goes down in the company bowl.
When will we able to see payslip in portal?
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👱 + 💔 = 🍻
Anyone take SHRM? How many hours did you study?
Any one out drinking in New York City tonight?
The Sunday night packing struggle is real.
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8YOE and 90k?! Are you at Booz too, my friend.
Idk which is better, but I would certainly explore other opportunities, even if it's just to leverage for more money at your current company. The grass is green where you water it. There will always be a give and take. Decide what's most important to you (salary, WLB, career growth, flexible schedule, benefits, etc.) and find companies that best support that goal.
I wouldn't move for 10k. See if your company can match that.
Chief
BAH is going to be much similar to the prime contractor side of things than Deloitte or McKinsey. Deloitte Federal will also be closer to prime contractor than McKinsey will be. Growth within prime contractor space will be slower, salary too, but WLB will be significantly better, 45+ hour weeks are uncommon. Benefits usually fine but not outstanding.
All that said, I’m not sure that I’d take a move for only 11% raise unless you’re really looking to switch. Push for a match at your current firm and then leave for a bigger raise down the road.
YEESH -Under paid?? I’m a Staff Consultant with <2 YOE making $90k in a MCOL city.
Joined Lockheed and let me tell you, the WLB is incredible
Mind if I DM you about your experience at LM?
Pro
BAH/Deloitte/etc. for sure. I’m a non engineering person at Deloitte with 3 yoe and my base is 130k and bonus was 20k last year. Even 100k is insanely underpaid for 8yoe in consulting.
Prime Contractors, in my experience, work less than 40hrs/week, and are paid a pittance compared to consultants
Can confirm, made the jump from Lockheed to EYP. Many more hours but significantly more pay
Chief
You are SEVERELY underpaid 😢
Comp will largely depend on the role. As others have said, you're typically going to make more in consulting but pay for it in WLB.
If you're making the jump to industry and want to maximize comp, look for roles where you have (or can grow into) product ownership. Think program management, finance, strategy/bus development, or similar. These will be more stressful, but WLB is still great compared to what I've seen in consulting.
Career growth, again, will depend on the role and the company. Look at company performance, earnings reports, and dig around for specific news about the branch/program you'd be supporting. The better set a certain division is for the future, the more growth opportunity downstream.
Feel free to DM me with questions. For reference I've got 7 YOE at Boeing, making ~145 TC.
F