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What is jpmorgan chase first year VP Salary?
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He's unemployed.. he's looking for a hands on job.
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PwC got Leon Bridges performing for them rn
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Pro
Or PMO on a tech implementation at a bank for a year đ
Pro
It was more tongue in cheek. Even PMO isnât too bad, and there was still massive impact and learning for me (lead a combined ACN/IBM/client project team of ~20 people as a C). And yes, Iâm a generalist.
You know the Bluetooth Covid Tracker apps were made by Google and Apple collaborating right? You know the world's information and media is organize by FAANGs right? You know leading AI is developed at FAANG right? You know they actually do real work and build solutions used by billions of people and not just circle jerking on slide decks right?
I think my time in consulting was a great accelerator for my career and gave me perspective on executive prioritise and decision making but ultimately life at a FAANG and your actual impact is clearly better here
Rising Star
Take me with you
Pro
Does impactful work beat money? No. No it doesn't. If I'm making 250 plus stock options etc..... With good work life balance, I'm happy. I can do impactful things on my off hours if I so choose
Yea I don't really get it either. Especially considering most of those jobs require you to move to Seattle or the Bay Area, where cost of living is going to eat away at most or all of that compensation. I'd rather make 200k at a F500 in a T2 city than 250k in the Bay Area. I'm sure there are more interesting roles and better perks, but I don't think the difference is that pronounced if you're just going into some run of the mill bizops role
Rising Star
OP forgot to include maximizing the amount of children in cages.
Pro
It was never the intended goal or a foreseeable side effect. Knowing the potential consequences and still pushing forward regardless of who the solution would hurt is something else
This whole thread is a generalization. Iâve done incredibly meaningful work at McK (USAID, NYC COVID response, etc) and have PM friends at FAANG who got stuck on a product that the company already killed but one big client still used it so they have to support the legacy software even though itâs defunct. So there are high and low impact projects in both worlds - itâs more about the project IMO than the company!
Pro
Just a note here, I'm not trying to be confrontational, just generally curious what all services NYC received from consultants to help with COVID. It's pretty cool to see the impact we can make as an industry.
Do both and while you are at it, throw Goldman in the mix too. Gotta catch em all!
Just for awareness, you call out Gates Foundation which was started by the co-founder of Microsoft. Also if you look at FAAMG, almost all of them crushed their numbers in the last 8 months because of the impact of WFH and the response to Covid. Pretty much all of the projects in the space require those companies to complete the projects
C1 Well Netflix didnât really help WFH and responding to Covid but Microsoft (along with Amazon, Apple and GCP) did which is why I changed it. Even Facebook with Facebook for Work. But there currently isnât a Netflix for work.....
Chief
Same reason you put MBB on a pedestal compared to other consulting firms. Better pay.
Pro
In tech your impact is pretty tangible. Buy X solution, solve Y problem. Strategic recommendations are nice and all, but how many times are clients actually executing on it well without external help? Also you donât really know if the strategy will work until it does.
FAANG also earns like 2-4x the revenue per employee vs MBB. That means almost unlimited resources for thousands of people to live very well (relative WLB + đ°) even at the lower ranks and save life-changing amounts of money. Less emphasis on pedigree and more on if you can do the work. That kind of culture sounds pretty meaningful to me.
Twilio is powering New Yorkâs contact tracing initiative. Thatâs just one example. WTF are you talking about??!
Pro
MBB you make slides for people doing meaningful work
Pls fix
I doubt the average MBB project is as impactful as you think. Expensive, sure, but often not impactful.
How much impact did your slides directly have??
Chief
âIndustry defining projectâ â examples? Sounds hyperbolic. Consulting doesnât define industries, it works within already established ones