{ "media_type": "text", "post_content": "Thinking about quitting for an industry role. How much of a payrise should I ask for at the start of the negotiation with new employer? How large is negotiation figure vs. actual rise I am aiming for?", "post_id": "5991c2cde64c980010cf8d1a", "reply_count": 6, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Thinking about quitting for an industry role. How much of a payrise should I ask for at the start of the negotiation with new employer? How large is negotiation figure vs. actual rise I am aiming for?

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100% raise, don't raise off your negotiation figure, you're with it

OP - it hinges on what kind of role. In many cases, industry pays way less than consulting for equivalent roles (eg PMO, PM) but you will get paid more for strategic roles (in large because you're cutting out your greedy overloads and your future employer is paying out in total less).

Strategic role in financial services, and they are explicitly looking for ex-consultant, so I know they know how much we make. But I am not sure how much of a raise I should ask for? 10%? 5%? 20%?

Do you have an MBA? I don't see a lot of people here taking a raise when leaving (probably because of our fast progression and lack of need for an MBA). I've seen people take up to a 40% pay cut to leave...

They know how much they're paying your boss. Not how much you're making. Definitely sounds like they want wholesale pricing and not retail. Find an area in between OY's charge out rate for you and what you're getting paid.

@OW1 I don't have a MBA but most people in this market don't. Only a PhD would be an actual salary booster here (which I don't have either). I am not desperate to leave, so a pay cut is off the charts for me. 🤷🏼‍♀️

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