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I am looking to identify committed Christians within Deloitte who would be interested in serving on the US board of a global non-profit committed to restoring the lives of those who have been traumatized via human trafficking or gender-based violence in SE Asia. Deloitte has been instrumental in partnering with Hagar International via pro-bono consulting and we would love to leverage this partnership on our US board.
anyone wearing nosepin while going office ?
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Overall, the method is absolutely still valid. My partner and I moved from London to the US a couple years ago with <5 YOE and earned 2X more immediately vs what we made in London. Can’t speak for the other options on your list but my general sense is the same story goes for GCCs, less confident a similar bump is doable in Switzerland.
In terms of making the move, it’s very dependent on the country you’re moving to and company you’re working for, since this will determine your visa options. Most large multinational firms are still moving people, but there needs to be some good story behind making the move - they must want to retain you enough to be willing to cover the costa involved. Generally the top strategy consulting firms are willing to entertain this conversation if you’ve been around for a few years and are performing well, though your ability to choose the exact city/location might me a bit more limited.
If you can’t do it with an employer there’s always other options for mobility also - this is a big reason people go to B-school.
TL;DR: still doable, but harder than 10-20 years ago and you need to be a top performer within a firm which does these moves.
Im aware of a handful of FMCG/Pharma companies who support this but normally at or around the director level (8-10 years out of uni).
Your family and friends definitely in a different tax bracket to mine if this is the kind of advice you’re getting. I’ll give one perspective from personal experience, which is that it’s increasingly hard to build the kind of company loyalty, or case to make a move abroad, unless you can build a very niche skillset. With the move to so much of work being done online, you just often don’t have the argument that physical location matters anymore.
Joining an international company, that is experiencing market expansion to an area of interest and rapidly climbing and showing you’re the best at what you do and that you’re worth keeping is pretty much the only way. The other way is do something very technical/capital intensive. For example, a friend of mine works as a technical engineering manager, which he’s leveraged to move to San Antonio, Texas on good money for a company building a new manufacturing facility there.
Something to think about with consulting is that we are often Partnership structures, so unlike plcs, there is a disincentive for encouraging international mobility.
If we are talking about a intracompany transfer to an office abroad it’s definitely doable but very dependent on visa requirement, performance, staffing and pulling from partners. From a financial perspective, a move to any of the geos you mentioned will lead to a moderate-significant increase in your disposable income as a result of higher salaries + lower taxes, not to mention lower / exemption from CGT, which long term can have significant impact
Did the same, moved to GCC after 5-10 yrs of london experience. Switzerland was a second option, but language barrier is tricky. My advice is dont force it, the right opportunity should come naturally and you need a tranferable skillset