Laid off in August. Was making $160k base as Senior Consultant. Was up for manager. New offer as corp strat manager making $135k. 7 YOE. Should I keep looking?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Take it and keep looking

likesmartfunny

I made that comment based on a conservative approach. It might take a take a month or a year to find the right job with the right numbers - Meanwhile bills need to be paid and hence the take the offer and keep looking. Companies can get rid off you as soon as they hire you too. There is nothing that stops them from doing this to you.

like

135>0

likeupliftingsmart

Def

like
Recent IconRecent

I would recommend accepting the offer. Market is uncertain.

like

OP, the tribe has spoken.

Congrats - getting a new job in this environment is hard. Doesn’t have to be forever, but nice to have as we head into the holiday season and a cold dark winter.

likeuplifting

Thanks, lots of folks in worse situations than myself. Definitely humbled to be where I am.

like

Why not take it and continue your search?

like

No. It doesn’t. Comp adjustment didn’t materialize. Boom.

like

Market has spoken. You were clearly getting overpaid. I’d take it and keep looking for better opportunity but wouldn’t count on getting anything more unless you have any specialized skills.

likefunny

Nah D2. I think the company has spoken not the market. Market pricing involves several different agents and brokers. This is just one.

Hiring is still happening. It just takes more effort and proactive reaching out and is dependent on how your target industry is doing. I've had a few job offers a couple months back. Now as we get to the end of the year, hiring will probably slow down.

likehelpful

Ask for a higher offer, if you have an MBA or a master. Take the offer and keep looking. They low-balled you knowing this is a buyer market. Also note that corp. often does not pay as much for a comparable role . Some companies are not thinking long term and doing themselves a favor by paying less . . . they will loss the talent as soon as the market recovers.

like

Take it, keep looking - no need to overthink this as it may take 6 weeks or 6 months+ to find another opportunity in this environment

like

God damn Accenture 😡

likefunny

I'd approach this from a different lens. Ask the recruiter, jow long will it take you to get back to your target comp level. If they can't give you a good answer then I would probably decline, as it speaks to them trying to low ball you.

A few other things seem suspect to me. You said they have a lot of other top 10 MBAs? Are they making only around 135k? I find that suspect. Or are they at higher level positions?

I just went through this process after being laid off earlier this year and declined an offer. Happy to report that a different opportunity made me an offer at a 20% raise a few weeks later.

like

Seconded!

Take it. Consulting salary are higher but you put in more hours usually. How does variable comp look?

like

Variable comp is 15%, lower than manager at my old firm

Consider it a stepping stone.

like

are you happy?

likehelpfulfunny

I took a job as a Corp strat Manager after 3.5 yrs in consulting after UG. Manager titles really don’t mean much at large cos. I would try to negotiate for higher pay for sure, but if not, it’s really up to you and your priorities. Personally I’d keep lookin

likesmart

As a consulting manager I make 119k... it sound like maybe you were just paid at higher end at Deloitte too so don’t overthink your value at market rate. And yes I know I may be low but still.

like

I don't think he was over paid. New hire MBAs from target schools into consulting at D get offers at 160k.

I left Deloitte as a M2 and made that as well.

like

2 steps forward 1 step back. Title is better and you like the work. The comp will come back

like

You got bills or nah?

likefunny

Consulting sucks all the time out of ur day. Are you going to spend just as much time there working...... is this a stable company with room to grow.... after a few years there are better opportunities with higher pay and other benefits......
I have been laid off , Consultant, ..was at 130 K....looking and would be happy to take less or comparable salary if i have a better personal life....
also depends whereur job is located at. .

like

Take it. If you don’t like it, find a better opportunity and leave but you’ll be far less desperate

like

Does the role excite and motivate you? Is it in an industry you want to be in long-term? Do you see this role leading you to where you want to be in 5-10 years?

The comp is definitely reasonable. I would happily take a 15-20% pay cut for more reasonable hours and a role I am passionate about.

like

Is this for a company in Dallas?

like

D2, are you thinking about a toilet paper company in dallas?

like

Related Posts

Can anyone help me with the salary range for a Business associate at Swiggy?

like

How does it feel to earn less than US Consultants while also struggling for utilization

like

Analytics 💵 transparency thread!


Format:
Title level (standardized title/job level)
Economic area (Bay Area, Midwest, etc)
Salary + bonus + liquid equity
Anything else you think would help

likesmarthelpful

Anyone here a long term IQVIA employee? How have we dealt with economic downturn? Do we have yearly layoffs like Big4?

I have 5 YOE in full desk Recruitment. I’m currently based out of Toronto,Canada. I’m getting $57/yr and some bonus. It’s an RPO. There’s unlimited PTO and the role is remote. Curious to see what my fellow Recruiters from Canada are making. Would love some insights from our US folks as well.

like

Recently completed my MPA and work for a state economic development agency as an analyst. I applied for a public sector consultant position within Baker Tilly; can anyone provide any insight on the job specification, salary, etc?

like

R/GA layoff updates: 20 cut in Portland today, bringing stateside count close to 100 on the year. No official statement from Bob.

like

What is a typical promotion pay increase?

I work for a non profit hospital - I’ve been offered a reclassification position from Finance Analyst I to Senior Analyst- what should I expect in regards to salary increase / is there any negotiating if the % is low?

like

Looking to apply for a financial analyst role with Google. Can anyone speak on the pay or overall job?

like

Hi everyone,

How much hike should I ask for Product owner role in S&P Global. Currently my annual salary is 17 lakhs as Fixed component for 6 years of exp

like

I have joined CGI 5 months back and my project is going to end on 31st. So what will happen after that? As there are layoffs going on in the market will it affect? I am from mainframes technology and have only 2yrs of exp. Can anyone explain pls? CGI

I was laid off this month from a US-based company where I've been a reporter for the past 3 years or so... I live in Europe. I wonder if I'm likely to have luck with other remote-friendly US companies. Or are we already past that?

like

I’m making $110K in the Bay Area. I’ve been working at a non-big4 firm for 6 years without a CPA. I was told I was receiving this salary so I wouldn’t even consider another offer. Any insight into whether this is actually a good salary is greatly appreciated.

likehelpful

KPMG global services gives wah allowance in the first month of joining? If yes, then how much is that Pls help

like

What is typical starting salary for S1 in TAS in a HCOL area for big 4 and national firms?

like

Hello, I currently have a job offer from a small consulting firm that doesn’t include an increase in pay from what I make now. I currently work for the govt as an Engineer. The new job is for a Sr. Associate specializing in cost analysis. When switching fields with no prior experience, is it common not to see an inc in base salary?

like

Hi fishies! I just got recruited for an AE position at HubSpot. Anyone else here work for them? Do they pay well? Are the quotas realistic?

like

Hell Sharks,

Since we all are working in SAP, can we all share our CTC, YOE and sap module so that we all will have idea of current market trend.

likesmarthelpful

Fellow Product Managers, how many years and what experience do you have prior to landing your first PM job? What’s your salary and total comp?

like

More Posts

Serving notice period skill : business analysis data analytics space, 8 YOE, have 1 offer . Not getting more calls for opportunities.

Lwd feb 23rd. Where should i update my profile? Is naukri enough?

Looking for comments

like

In which hikes are given in Accenture??

like
like

I know not many of you are Union, but have you heard anything about a potential IATSE strike?

like

Hope everyone is staying warm and safe tonight!! #howdaysuntilsummer

like

Looking to relocate, just need a fresh start and I'm open to suggestions. So, I guess I'm asking, what cities have the best jb market/salary range for an editor?

like

Hi there! I have a small business selling colorful wine glasses (glasshauseco.com) - they make for great gifts, party tablescapes, and for winding down from work with a glass of wine or cocktail! We also do wine glass rentals for events! 🤍❤️🧡💛💚💙💜🤍 Happy Wine Wednesday everyone!

like

Hi,

May I know what is a good salary for a R&D project engineer(2 YOE) in a semiconductor industry in Belgium?

Hi all I'm looking for a referral to work for Thermo Fisher as a Project Manager. I have 13 years experience. Is there anyone who could help me out?

Hi Fishes,
Please help me with below queries :-

Post Photo
like

Transitioning from com. lit into tax controversy?

I have a tax LLM and started my career out of law school doing M&A tax at a big4. After 9 months, I got out of big4 transactional hell and into whatever litigation I could find. I now practice commercial lit but would welcome the opportunity to eventually transition into tax controversy (which I wasn’t able to do before). Does my commercial litigation “break” hurt my prospect? How long can I stay in com lit without hurting my chances even more?

like
like

Any stats on how many people get past 1st phone screening case interview with McK? Also if it’s phone does it mean no charts?

like

Hi All...I got an offer from a company with inhand monthly salary of 90k but CTC is 1138319. My current CTC is 10.5 with inhand monthly of 75k. I'm confused whether I should accept this offer and serve np and gain other offers during that time. Give me some suggestions pls.

Post Photo
like

Can we avail relocation bonus after two months from doj
Any one who availed relocation bonus recently

like

Despite solidarity emails, the many vitriolic posts on here shows that our firms still have a long way to go to grapple with systemic bias. How will leadership reconcile this to take concrete action?

like

🙄 😂 I’m sure the customer ordered it on the spot haha

Post Photo
likefunnyhelpful

How much of a pay decrease would you be willing to take to leave risk, if any

like

Deloitte 🐠: Can people who got 1 or 2 ratings before share your metrics, i.e client/adj utilization, PRD hours, applaud awards, anything else...Thanks!

like

Hi Fishies! (Is that what we are? I’m going with it)

I just came across a
Google Research and Insights role that got me SUPER excited and I was about to apply when I had the idea of seeing if anyone would be willing to give me a referral. I understand (and respect) that most of you Googlers on here feel that a referral is only useful if you know the person but I would be happy to jump on the phone to give you some info about me. It would mean so much! 4 YOE at a major audio steaming service

like

Additional Posts in Consulting Exit Opportunities

Thoughts on moving from M&A Consulting to Investor relations at a public company (not fundraising for a fund)? Thinking mostly about finding a balance between an interesting job and having a life.

I've seen consulting is not a traditional background there; anyone made/tried to make the jump?

like

Applied for product manager role in ecomm. But instead got offered tech project manager. Company is also in the middle of acquisition. I don’t have any offer in hand and i really want an out from current employer.

Would it be wise to take the alternate role?

like

Just set a phone screen with a recruiter from Asana for a strategy analyst role… anyone here have a sense of what the general hiring process looks like for that? I see something about a take home case on Glassdoor, but I can’t find much more.

helpful

Has anyone paid back their sign on bonus when quitting? Did they allow you to pay it back in a repayment plan?

like

Does EYP Deal Tech fall under T2 bucket in terms of prestige or B4 bucket ?

like

What does the ceiling look like for system implementation work? Thinking closely about long term as a 2nd year C, and worried the non-consulting exit ops look bleak. Any thoughts/experiences? Thanks!

like

I set up a networking call with someone at a company I’m targeting. Know him a little bit not too well. Was going to ask about a few open roles and what they entail, but do you all typically ask directly for a referral or only if they offer?

like
like

Exit interviews- are they a trap?? I’ve heard that they can be used against you in the case of a lawsuit. Should you refuse the exit interview?

like

If you’re an employee at a start up and it gets acquired/goes public do employees at the startup typically receive payment?

likefunny

Was offered an analyst position at VillageMD . Can anyone give me some insight about the culture, pace of work, etc?

like

McKinsey & Company Has Mckinsey met BA headcount quota for the year/did they freeze hiring? I interviewed and got to last round last year, and applied again with a referral two months ago but haven’t heard anything from recruiting. Last year I heard back within 1 month of referral drop. I would’ve thought with my 1 more year of experience I should be able to get an interview easily.🥲 McKinsey & Company

like

Am I crazy to take a pay cut to “chase my dream”? Manager looking to leave Bain - I want to do corporate sustainability - I got an offer for a traditional corp strategy job at $195k base, $23k bonus (no longer-term incentives aka no equity / profit sharing), so similar to current comp except for NAP, but am hoping something sustainability-related comes through. Right now in talks for a sustainability director role that would be closer to $160k base / $20k bonus. (More in comments)

like

What are the most common big4 consulting exit opps? I’m a consultant with almost 2 YOE

like

So what companies should I work for to be considered successful? MBB, FAANG, what else?

funnylike

I have 5 years of experience as an rpa and workday developer. I do not want to be a developer anymore. What are my options?

like

How long do you think the job market will be hot like this? Is it worth while waiting until June for bonuses?

like

How are people with 5 years or less of experience VP's at Goldman? What is the equivalent in consulting for a Goldman VP?

What is also the typical career path at Goldman

like
like
like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal