Just got an offer at GS:
Associate - 165k base, 200k-220k TC.
Current - mgr1 Expecting to make $170-175k base, 185k-200k TC. (Current at 152k but mgr promo hasn’t kicked in yet)

For reference I have 4.5 YOE

Should I take the offer, should i counter? These seem like pretty equivalent offers when you factor in wlb - I will be working 5-10hrs /wk more at GS, and will have less vacation. I wanted a higher base but they said 165 is best they can do..

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Take the GS offer. That on your resume is worth way more. You will forever be ex-GS.

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The “Ex GS” doesn’t mean much unless you’re in investment banking

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To add they said I’d make VP next year (end of 2023)

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That isn’t low for non-FO based on my experience (in a FO Research role). looks closer to VP comp for non-FO than Associate comp IMO

Which division in GS

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I would think that the manager title would be worth a lot in terms of career path, and it sounds like you haven't even really started the role yet. (A maximum of) $20k a year isn't a life-changing amount at your TCO level, is it really worth more stress and a title "downgrade?" To note, you'll also immediately be dealing with a lower base (monthly income), with no promise that the extra $20k will land more often than not.

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If you have a defined clear path up, take gs. Others wise I’d stick it out at Ey

smart

Double check with the GS folks there on the team their honest thoughts on the move to a non FO role before making the move

GS as a wlb culture is horrible, so would add 20 more hours per week to your current load. Nothing worse than working those long hours and realizing you aren’t FO ans you might end up coming to consulting.

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I live in NYC

4.5 YOE and 165k is pretty good. EY pays 170k for 5 YOE? They barely pay people with 3 times the experience into 200s

You’re making 152 as an SC?

I was 138 as a senior, after agile I’m at 152 - merit increase still needs to be applied in Aug

I bet if you waited one more year, you could be taken seriously for a VP role, which pays far more than what you were offered. If you’re that dissatisfied with your current seat, I guess you could take the offer, but if you’re not desperate to leave, you might be better off waiting until you could make VP at a place like GS.

Unless this is your ultimate dream job, it’s likely that in a year from now, something comparable will probably be available

I would start with what do you want to do in life. And then decide which one fits better. They are fundamentally different jobs

Which one has better upward mobility and exits? I’m not sure what the career path looks like for operations at GS and I’m guessing promotions at the level you’d be coming in at are less frequent or about the same as consulting. Exits could go either way depending on what you’re actually doing at GS. The GS name does hold a lot of weight but mostly just in the banking industry for operations roles so I’m guessing an exit would be either lateraling to a different bank doing something similar or returning back to consulting. Doubtful that tech industry cares about GS ops team much.

i think if you’re going to make VP it seems reasonable otherwise at the expense of more hours and less PTO i don’t think so

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