Should I lateral to another firm?

At a MM firm where cash comp is lower than normal but carry is higher at junior levels and returns are strong. I won’t receive any carry until ~2025 and then will be really strong, but until then I’m hung out to dry. Should I make a jump somewhere else to expedite comp increases?

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

Also check the vesting schedule and what you get to keep/give up if you end up leaving

like

A couple of thoughts: 1) how much do you really care about short term liquidity and 2) what are the figures you’re working with to better understand how it stacks up to market

like

Feels like it depends on a lot of personal factors (culture and LT fit there). Otherwise, you roll the dice on the next shop and potentially coming up short relative to your current firm

Related Posts

1.Wipro will give any hike after completing probation period of 6 months??
2. And is there band change will happen after completion of probation period?
I have joined Wipro as fresher certified SAP SD consultant and my current band is TeamRainbow. Wipro has mentioned 6 months probation period on my offer letter

like
like

What is the base salary that one should negotiate for a senior tech recruiter in Illinois in a large manufacturing company? Looking for some insights; I have 8+ years of experience; thank you!

Anyone know what Cleveland S1 salary is? Big4transparency is not updated

likehelpful
like

Boutique or big 4?

I'm currently an ops manager at a big 4 in London and received an offer from a small boutique firm with 25-30% pay rise.

I'm also in the process with Accenture but I feel like I'm not sure if I'd jump just for the money but also change in environment.
What type of things would you be asking yourself if you were in my shoes and debating to jump ship?

like

BCG fish, have you received a salary bump across levels in the UK as well? Hearing something has been announced in NA?

like

I randomly applied for a job opening with a smaller tech company. Within five days, I got an offer that pays 62% more than my current salary! A part of me is exhilarated, but a part of me feels like I tricked them all. I didn’t lie during the interview, but I definitely played up some of my accomplishments. I also spent extensive hours prepping for the interviews and planned stories that made simple projects seem very elaborate and complex.
How common is this feeling after a job offer?

like

Hi techies

I am a python developer with an experience of 3.3 years. my current CTC is 7 lakhs.
How much salary can I expect If i switch now?

Hi Folks, there was an image which was showing the fixed and the corresponding take home salary? Can anyone share it over here?

like

I didn’t got the bonus mentioned in the increment letter. Only increased salary. When do we get it?

like

What would everyone think would be a good salary for a senior manager of digital product and strategy for an established fintech company? Comparably has 179k base as the median. Recruiter mentioned 173 as their all in top.

like

Anyone know what the total comp looks like for EY indirect salt experience staff. Typically any sign on bonuses?

like

How much do you make as an immigration attorny at big firms? I work at a small firm (5 attorneys), immigration practice only. Starting is 70k with benefits.

like

Hi fishes , I want to know in which month of the year , Cognizant will give yearly increment.

like

I am currently a civil engineer thinking of switching to software engineering. I got my masters in water resource engineering where I was coding a decent amount for assignments and it has really stuck with me. Unfortunately, in my current role and field (civil), I don’t really get to do much coding. Does anyone have a similar experience of jumping ship to do software engineering? What would be the best way to go about it (coding bootcamp, another degree, something else)?

like

I am a contract employee that was just brought on a month ago. I have done well with onboarding and learning their tech. I have now been asked to design an architecture for an upcoming project, and document it all. Nothing at this company has been well documented before. I have a feeling they just planning to use my previous experience and then let me go since my pay is high. Is there a way I can safeguard against this?

Freelancing for the first time after 2 years at an agency. What is an appropriate hourly and day rate for a designer in NYC? Starting to think mine is too low.

Got an offer -
Exp -9
Offer -26
Epam Anywhere

Is this good offer to join.?

like

More Posts

How do you network at events if you’re an introvert?

like

That Biden speech was appalling.. How did his team approve a message like this, and what was that blood red background?!

likefunnyhelpful

S&P Global Currently working in TIAA. I was received an offer from S&P Global. Considering the current situation, Is it good to move Company. S&P Global , TIAA

Current role in TIAA- Product Owner
Offered role in S&P Global :- Product lead.
A hike of 25% was offered by S&P

likehelpful

So... I have questions for change/org effectiveness practitioners who have successfully leveraged their experiences to acquire high paying, high level roles in industry. How did you do it? What was your path? What would you recommend to others so they can make the most of their careers? I’ve included my reasoning for this Q, below!

like

Best strip clubs in town? Is it weird to hit ‘em alone? Asking for a friend..

like

All else equal, is it easier to become direct admit PP rather than promoted to that role from SM or MD? Seems less obstacles. Thoughts?

like

Dinner time! Tonight’s menu is from South India (Lentil Vegetable Stew with Steamed Rice Cakes) I’ve always refrained from cooking Indian dishes because I don’t have all the ingredients and/or it is way too complicated. The Idli rice cakes took me a day and a half! 👩🏻‍🍳

Post Photo
like

Happy Thanksgiving! Hope everyone has a great day 🦃🦃

like

Incoming multi-tier cringe

Post Photo
likefunny

Counselor: Don’t let the M walk all over you.
M: Don’t let the client walk all over you.
Me:

Post Photo
likefunny
like

Any vacancy for power bi or tableau
Exp 3.10 years

like

Hows the industry doing in MENA right now? Any worries about a potential crash? Are firms still hiring? Based in the US and everything is tense here with the recent tech layoffs

like

Partners, can you share your experiences when you went thru a period of losses/ low-confidence / self doubts , and what you did to overcome? Also, how long it take to get your mojo back?

like

Partners, what is your magic number (in terms of dollars in the bank), after which you intend to retire?

like

Let’s say staff got an offer from a competing B4 to jump ship moving up in comp and title. Can they eventually boomerang back to your teams? If so, how would you feel about this?

like

What is your recommendation for how a Junior member can work well with Executives, Partners, Directors, etc. on a daily basis? For context, I am a PM for an engagement that has me communicating with really high up members from every angle.

like

Does EXL have an internal forum where employees sell out the cars after lease is over?
Or even lease transfer?

like

WDC - with targets in the 110-130 range why is this stock not moving. Is it trepidation over the Toshiba chip unit sale?

like

Additional Posts in Private Equity and the Buy Side

For ex consultants without finance backgrounds who transitions to PE or Growth do you have any recs on podcast books to read that helped you build your PE/Investing knowledge?

likehelpful

How’s comp and culture at Altamont?

like

VC associate offer evaluation:
210k base
30% bonus
20k signing bonus
1.5 million carry dollars at work (400m final close with 250k for every 50m increase up to 500m fund max) with 7 year vesting period (ouch)
Completely remote with encouragement for juniors to travel and build relationships around the country.

Just wanted to get a feel for whether or not this is a good offer as I don’t know many people in the industry.

Happy to answer any general questions about the process as well!

Thanks!

like

How is WLB at a MM fund different from a MF? I’ve heard MF are worse on average, but what makes it worse? Is it just the hours, or is the work also significantly different?

like

If a HH reaches out about a firm that doesn’t have a ton of info online, is it acceptable to try and network with associates at the firm to learn more separately from HH comms?

like

How much TC can I expect if I go to a small family shop PE firm in a role that does both investment side and ops side? Trying to see if it makes sense to leave my current job where my TC is around $200k as a senior

likehelpful

To the folks who pivoted from tech consulting pre-MBA to IB/PE post- graduation, how has your experience been? What would have been helpful for you to have known prior to making the switch?

like

I left an investment bank to join a private equity firm about a month ago. I am now working on a deal that I previously worked on when I was on the sellside (I literally made the entire CIM). Any tips on how to handle this? Is it fine to tell my current firm everything I know about the company?

like

Thoughts on EQT London?

like

Any thoughts about Waterland Private Equity? Working hours, brand recognition in the industry, compensation, any word of mouth heard about them?

like

Anyone here deal with Reines HH before?

likehelpful

Can anyone speak to the presence of impact investing across PE versus VC or HF?

For context, I’m going for my MBA next fall (targeting M7) and want to pivot into impact-focused finance but am struggling to understand which option is best. I’m going in with 3 years of tech consulting experience (data & analytics) in the financial services industry.

like

I have a VC/GE interview coming up (phone screen) and personally don’t know much about the space , it’s just an area that has always seemed interesting.

Does anyone have Recommendations on how to get up to speed/good questions to ask during the phone screen?

I would assume the first call will be pretty standard to any other company, but just want to be prepared.

like

Anyone know the best way to find out about business development roles in PE (I.e. sourcing). Sick of the investing side and think BD would be a good fit

like

What was your final round interview like? Have two coming up with two MD’s at the same firm and trying to be easy breezy about it.

like

Any recommendations for the best monitor to buy for PE?

funny

Currently in ibanking as an associate and want to see if I can make the move to PE. Is the CAIA viewed favorably at all?

like

Is the CVA exam worth pursuing?

like

Laaa laaaaaaa lala wait till i get my money right (just accepted a PE offer woo)

likefunnyuplifting

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

Scan your QR code to download
Fishbowl app on your mobile

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