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Just recieved a offer from Western Alliance Bank for a Senior Business Analyst role. Comp 100k but the role would be in office. I currently work remote,have unlimited PTO,and a really healthy work life balance but am being underpaid tremendously. The new role seems like it does not have healthy work life balance and many red flags have already come up. I want to grow my skills and wouldn't mind being in office as I do miss being around people. How do I vet the role before accepting?
Bonus target for L7? Historical bonus%?
Is everyone going to office or is it still wfh?
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Some other benefits come from living in a big city. My only advice is that money is not everything. If money is an issue, try reducing your expenses. Other cities are cheaper for a reason. It will depend on the lifestyle you want too.
Rising Star
To me, it’s a benefit to be able to do things on like a Tuesday if work is slow. I worked in a non major market (on a reduced pay scale) and if I had to work through the weekend for one reason or another I never felt like there was anything to do when I finally had some free time during the week. In NYC there are thousands of restaurants, museums, events, always something going on so I feel like I’m not wasting my life away because I missed a weekend or two.
weird how many ppl have come to a post in the *New York Bowl* to defend their cities…
NYC associate here. A pay bump would obviously be awesome, but no one is forcing us to live here. The crazy cost of living comes with living in one of the greatest cities in the world. I want to have my cake and eat it too, but the cost is a sacrifice you have to accept. If you feel like it’s not worth it, transfer and just visit NYC on holiday.
Key words: “the same work”
I hate to be that guy, but I am literally your counterpart in Pittsburgh and just bought my second rental property (3rd property in total) a few months ago. Our “satellite” office has a few associates that have transferred from other offices for COL benefits and to raise families. And you know the second the Cravath NYC scale goes up and the rest of biglaw matches, us “satellite” people will see the same bump! While we sit in the Burgh, we work every day with our offices on the coasts and do just as prominent work. Let me know if you need me to pick you up from the airport when you move :)
As an associate making market pay in Florida between lower taxes and lower COL we are making bank. You should move!
How about you just move to another major market with lower cost of living like Chicago and Houston? Leaving NYC to live in the 3rd or 4th largest city seems like a no brainer if you are struggling with the cost of living in nyc
I feel you on this. What can they do? Pay us 3x to offset the 1/3 COL that Dallas associates getting Cravath scale get? Impossible.
I’m a senior managing litigation paralegal based on dallas and can make around 80-95k here — NYC pay based on market value, cost of living, and the know that which makes it even worse. Profit over people. But I’m still considering moving back to Astoria, Queens, but it’s a hard mental debate I’m having because with my trust and savings, I could open my own firm here in Dallas and live a comfortable but expensive life where I really want to be.
Is the value of the work different if it is performed in NYC? What’s the value add?
@OP your lame, freshman poli sci major takes on “worth” and “bc capitalism” aren’t as compelling as you think they are.
Associates are generally paid 1/3rd or less of what firms collect on their fees. Then 1/3rd goes to overhead and the remainder is pocketed by the partnership. The part pocketed by the partnership is what Marx called “surplus value”.
Associates are actually therefore underpaid compared to the value of their labor. We’re exploited by the capitalist class (in this case, partners) just like other laborers are.
Center of the world bruh
Isn’t going to happen.
We all hope.
This is exactly why I want to move from NYC. Also the taxes are just fuckin insane. I’m really tempted to move and I just moved to NYC.
Also NYC has a lot of fun things to do, but I really don’t think it’s all it’s cracked up to be. It feels like everyone who says NYC is the best city in the world seems to think that other cities have nothing to offer. Sure, NYC has an insane amount of arts, entertainment, food, etc., but it’s not like other cities don’t have great food. Also there is no real nature here. It all depends on what you value, but to say that NYC is the best and everywhere else is terrible and that’s the price you pay for living here is just a stupid outlook on the world. Rant over.
Curious, do the top consulting firms pay their NYC offices more than the secondary market cities?
I believe so. There is a cost of living bump in most other industries I feel like.