{ "media_type": "text", "post_content": "Why does everyone put Tech / FAANG on such a pedestal, claiming it’s better than MBB. Sure, the comp and WLB may be better, but you won’t be doing as meaningful and impactful work e.g. Govt Covid response, Gates foundation projects, industry defining projects in the space of a few months etc", "post_id": "5f8048038d8146001a36422b", "reply_count": 34, "vote_count": 14, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Why does everyone put Tech / FAANG on such a pedestal, claiming it’s better than MBB. Sure, the comp and WLB may be better, but you won’t be doing as meaningful and impactful work e.g. Govt Covid response, Gates foundation projects, industry defining projects in the space of a few months etc

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

Or PMO on a tech implementation at a bank for a year 😐

likefunny

It was more tongue in cheek. Even PMO isn’t 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, I’m 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

likesmarthelpfulfunny

Take me with you

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

likefunny

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

like

OP forgot to include maximizing the amount of children in cages.

likehelpful

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

Post Photo
like

This whole thread is a generalization. I’ve 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 it’s defunct. So there are high and low impact projects in both worlds - it’s more about the project IMO than the company!

like

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.

like

Do both and while you are at it, throw Goldman in the mix too. Gotta catch em all!

likefunny

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

like

C1 Well Netflix didn’t 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 isn’t a Netflix for work.....

Same reason you put MBB on a pedestal compared to other consulting firms. Better pay.

like

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 don’t 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 + 💰) 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.

like

Twilio is powering New York’s contact tracing initiative. That’s just one example. WTF are you talking about??!

like

MBB you make slides for people doing meaningful work Pls fix

funny

I doubt the average MBB project is as impactful as you think. Expensive, sure, but often not impactful.

like

How much impact did your slides directly have??

“Industry defining project” — examples? Sounds hyperbolic. Consulting doesn’t define industries, it works within already established ones

Related Posts

like

What tools or resources do you use to determine if your salary is competitive? (Example: I use Glassdoor.com)

like

Hi fishes, If some helpful fish can explain the Well Fargo- Advanced Analytics Consultant 1, AAC2, AAC3, AAC4 salary brackets that would be really helpful for me. TIA ..

like

Would you rather be a MBB partner, senior partner, or F500 C-suite. And why?

like

BCG peeps: if you go to business school, do you get a year end bonus?

like

Help! I am 6’1” tall with long legs and long feet .... and it seems like my “go to online store” for tall pants/slacks (32”-34” inseam) as well as shoes (size 14M) has shuttered (Long Tall Sally). I would love any suggestions for either tall clothes and/or shoes. Even a place to buy custom shoes at this point - I am desperate! My slightly too small size 13 Tory Burch sandals are just not going to cut it during the colder months, even given COVID 🤪 Thanks in advance!

like

I got a covid puppy and feel scared leaving him when travel resumes. Plus I feel guilty about adopting him...even though I have made made arrangements with family if worst comes to worse

like

Kellogg or Stern? Post-MBA goal is MBB in New York City.

like

Let's talk side hustles! I think a lot of us did PRN/flex jobs pre COVID 19.

like

EY 🐠: does EY have cost of living salary adjustments or is salary consistent across city tiers?

like

What do MBB consultants really think about Big 4 consultants????

likehelpful

Would Publicis Sapient MC practice have exit ops at the same level as Big 4? Or is their brand name closer to Tier 2 strategy consulting firms and MBB?

like

working for the US firm but left to stay in canada during COVID wfh – I know it’s technically not allowed, but are there legal ramifications if I’m here for awhile? (OPT visa)

likehelpful

On may 10th we get official communication on our promotion. When would we get to know our compensation percentages?

like

How hard is it to go from big 4 to MBB?

like

Anyone go from boutique > independent > MBB? Or does it make more sense to straight from independent to industry? Independent right now, commercial pharma space.

like

How are the hikes and bonus to Deloitte USI S&O compared to Deloitte Cloud practice (Oracle, SAP)? Are they same for all the capabilities? I heard S&O is one of best capability within Deloitte USI. That's the reason behind this question.

like

Hey Accenture peeps, how's the wfh policy there before and after covid? When do you expect back to office? And can u get wfh even after work starts normal from office?

like

What’s the wlb/culture at firms outside MBB/Big 4? Been at Deloitte for a couple years and am ready for something different. Thinking OW, LEK, Kearney, or others you know of.

like

Are MBB "better" than Big 4/ACN/& other firms? If so, why do (you) think so?

like

Additional Posts

Applied for a salaried role, passed all interviews and now recruiter is asking me if I’m open to that role as a contractor instead of the original salaried. What are somethings I should ask the recruiter to include in offer letter in terms of comp if they are not going to offer me benefits? Any other pointers?

like

New SMs how was the bonus in your promotion year? Fixed promo + performance? What % of base?

like

@KPMG Sales Incentive compensation practice? I had a recruiter reach out. I wasn’t even aware @kpmg had this practice. Anyone have any experience or insight into this group? 

like

Capco senior consultant salary? Glassdoor says 115k but that's the average.

like

Hey ladies! What are your favorite go to basic t shirts? I was really liking the old navy luxe t shirts because of how soft and inexpensive they were, but they wrinkle so much. I don’t want a shirt that looks like I slept in after the first time I sit down, not that I have to steam before each wear. Bonus points for budget priced - I’m wfh with a 2 year old right now, so I want to feel/look decent but not be devastated if it ends up with baby slime on it.

like

Are holidays (unlike vacation days) excluded from the denominator of the utilization formula?

like

Hi all, Need your advice. One of our worker’s wife is fighting cancer. We know that he needs to take care of her and work the same time to cover medical bills. So we decided to collect money for him. Should I do it secretly and only let him know after I’m done collecting money or should I get his permission first? I need to figure out which way would be less uncomfortable for him. Thanks!

like

CWs who became ACDs: how do i do this? i work at a small agency, so there's no real track toward the role. what can i be doing to prepare for ACD and how do i show that in a portfolio? thanks!

like

Has anyone ever used the app Service? It's supposed to monitor travel plans for delays and automatically file complaints to get points or compensation. Does it work?

like

Any books/self help materials for someone who is constantly worrying (and waste a lot of unnecessary time)? E.g. No matter if i pass or fail an interview, there is always something to worry about. The worrying/anxiety multiplies when I proceeded further in the interview stages. Now that I signed the offer and is pending background checks, my anxiety is off the roof as it itches closer to my starting date.

like

Fellow fishes! It’s time i start caring about my retirement. Let’s say TC is 225k. I am 31 years old. Should I have both a 401K and IRA? And, which should be traditional and which should be Roth? Appreciate all love and insight/guidance and explanations ❤️.

like

Can't decide if this thinking is crazy or smart: Staying in consulting for another 1-1.5 years for good maternity healthcare benefits and smoother pathway to ramp off and back on work, with opportunity to extend leave further with limited professional risk (e.g., in corporate a backfill might become your permanent fill). Worried that this A.) could result in staying much longer than planned B.) would still ultimately result in crazy consulting hours and C.) wouldn't go as smoothly as idealized

like

MBB Partner, Big 4 Partner, FAANG PM, FAANG SWE, who makes the most?

likefunny

Hi, I am looking for Research Analyst job in Mumbai. Please refer me if there is any vacancy available. I am working as Research Analyst in Merit Software Services and have been laid off due to pandemic situation. Any help is appreciated.

like

Can anyone help me with monthly take home salary.Considering i make only the 80c and HRA declaration

Post Photo
like

Would you jump to industry for an automated testing role? Assuming a 15% raise and better work life balance. Wondering if that business function is a good one to get into

like

I've been extended 6 times on a project and have been in the same sort of role for about 12 months. I've told the manager I'd like to leave, but I found out I might be extended again..

like

I’m in strategy consulting and performing in the middle of the pack, but I honestly think my talents and enjoyment lie in administration. Are there prestigious jobs that would perform this role?

like

Should I rollover my old employer 401k to IRA? do you have any recommendations in general for when I should rollover them?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
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

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal