Related Posts
More Posts
Bowl Leader
Visual Storyteller
What does it mean to be an educator of color?
Conversation Starter
The basis of my bitcoin investing thesis
Additional Posts in Consulting
Pro
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Rising Star
Easy call to leave BAH. Toss up between EY and Gov. You likely have a higher earning potential at EY (unsure whether significant or not), but you will absolutely have a better WLB on the Gov side.
Rising Star
I’m taking by the low 6 figures, you’re young(er). I say this is the time to grind it out for a paycheck and save the rest for when you truly need it.
If, however, you’re actually higher in age with a family follow the WLB piece
EY. Govt salary increases are like 1% every other year
For steps 1-4 it’s actually every year, and there’s an additional increase in Jan depending on what the president asks for
Go to EY and get the money. Then leave after a few years
Rising Star
So a few questions to ask yourself. Do you want to stay in govt? If so....that's fine, but if not, you'll be able to probably do both govt and commercial work at EY (if you network). Doing that broadens your exp and then helps you in 2-4 years when you pivot again to industry for a 150k+ role.
Go to EY. Get more experience from the private sector then go to the government.
Agree. With 1.5 YOE, go to EY. Government WLB is nice but you’ll plateau in a few years. Transitioning back to consulting wouldn’t be hard, but you would prob get lowballed
No brainer homie. Go with the money
Potential in 10 years...
EY: Partner with ~500k+ and ok exit ops along the way if it gets too much work
Govt role: ~200k (if at all) and limited exit ops. But much better wlb
That would be my guess without knowing the specific field you‘re in. Depending how much you value salary vs. wlb in mid/long-run I‘d go with one or the other (my choice being the first)
Gov
EY will give you much larger raises
Chief
Going fed isn't a bad way to go. I spent time as a fed earlier in my career and am not at all opposed to going back at some point.
If you were to go fed, in 5 years that $104k (presuming that's a 13-1 and not a 12-7) would be $121k plus whatever annual pay increases are passed by Congress/the President. Assuming there wouldn't be another extended pay freeze like under Obama, it's likely that $121k would be closer to $130k.
If you were to get a promo to 14 after 3 years as a 13 (that's not at all guaranteed, but isn't a bad idea to model for), then your 5 year pay outlook would be $127k plus the intermediate annual increases, or likely closer to $135k.
Being a fed can have a decent comp trajectory; not to the extent of consulting, but still a pretty decent trajectory, and that's disregarding all the ancillary benefits.
? Get that bag
What are your goals and where are you in life
Agree if you want to go abroad unless you’re joking foreign service EY is the way to go
That govt offer is easily the best bet
Cant you go government offer, if you get bored pivot back to consulting
Do you have student debt and will your work for the government count toward the 10 year loan forgiveness?
I only have $15k in loans that are on a 5 year payment plan
Go with the Government gig! Long term will be the beat option