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Not sure why were even taking about this. Of course you take it.
By the way, this is the time you leave Consulting. You still have time to learn and develop the corporate skills we don’t have. Lots of time to ride the shine of your branding and consulting experience to make positive impressions and establish your network, be seen as the bright up and comer, etc.
Play it right and you’ll surpass your friends who stayed. By a lot.
Sounds like you’re going to be making more money than a first year SM. Seems to me it’s a great exit opportunity from a comp perspective.
Let’s say you are a third year manager and makes 200k and the jump is for 250k and 15k sign on =265k. Next year you become SM and your starting salary will be around $200-210 but that’s next year and 265 is now. Also at this level you will be leading a team and will be part of an executive committee so why not take it. Assuming you will be a director, you will hire D for work so you still continue to build your network besides hiring other big four folks. It will be easy for u to come back since you are a home grown consultant but you def need to go out and learn how industry works n build chief level network and add that experience in your resume and join consulting back as a DIRECTOR if you ever feel you are tired of industry, that way you can sell work to those senior folks whom you worked with.
I'd take it. You can always boomerang, and your network will be as strong, because you're going to hire Deloitte, right? :)
If you think you can make partner then 40% pay raise could be peanuts
No brainer
Exit.
My math is wrong, I meant 175k as a manager* lol
@D1: I follow the math but not the assumption that OP will definitely hire Deloitte for work. After all, we don’t know what type of work is being done.
I’m an Uncle D alumnus and all I know is if we hire folks to help us from a strategy perspective, 9 times out of 10, it’s MBB. Don’t get me wrong, Deloitte and other Big 4 are around for implementation pieces and various PMO gigs - which is why I go back to why we need to know the type of work being done.
I don't get the "growing your network by hiring D people" thing. How is that helping your D network if those people don't work there anymore?
Lol D2. We're talking about hiring the firm, not poaching people.
@EY2. No, I think 8-10 out of college would be normal. I took some lateral moves for family reasons that has delayed 👍
@DD, no not 100 percent money driven, however that does play a large part in my decision. The new position affords me greater potential for upward movement at a much faster pace.
So it’s more money and it’s a sure thing?
Which company
OK that makes me feel better. I was doubting myself. Yes, the 40 percent pay raise is in the base salary. I’m taking bonus out of the picture because I don’t want to factor in something that’s not guaranteed. @ Accenture it’s a smaller (about 2B) local company headquartered in my area...would rather not say the name. I do think I am paid on the lower end of the manager scale (college hire) so that also plays into the equation.
So this is 100% money driven?
Oh lol, that makes more sense
Is 12 years to SM normal trajectory at Deloitte?