{ "media_type": "text", "post_content": "Would you accept an offer from a direct competitor for a 20% bump & promotion from analyst to associate manager if that role was a 12 month contract? (assuming it’s a T2 in tech ae. Salesforce, Adobe, etc)", "post_id": "5fa665b682972a0020e7346e", "reply_count": 8, "vote_count": 1, "bowl_id": "5ae4a4f739e7cb001391ec8b", "bowl_name": "Consulting Exit Opportunities" }

Would you accept an offer from a direct competitor for a 20% bump & promotion from analyst to associate manager if that role was a 12 month contract? (assuming it’s a T2 in tech ae. Salesforce, Adobe, etc)

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If I didn’t like where I’m at (think I’ll be happier at the new firm) and don’t think I’ll get promoted in the next 6 months at the current firm, sure. 20% bump for a jump and title raise from analyst to associate seems low. I would expect at least 25-100% salary increase depending on the firms. 20% bump would be fine if you’re staying at the same position level but you’re getting a promotion and more responsibility so I’d ask for more money as well probably. For reference I jumped firms and got promoted from analyst to suicide and went from 60k salary analyst to 120k associate in tech consulting (not big tech).

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Reevaluating my analysis I completely forgot to go over all the benefits you will lose going from a FTE to a contract employee. Factor your entire current benefits package and bonus into your base as well.

That's not enough premium for a 12 month contract. Only reason I'd take it is if it's a kind of work I want to do and can't easily access elsewhere. Otherwise I'd seek other opportunities.

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Take it. You’ll learn a lot more during that time and after 12 months you can find a different job that pays more and is permanent as well.

I disagree. In my experience employers give their contract employees less responsibility because they’ll only be there for a short, fixed time. They’re also less likely to invest time into training and developing contract employees skills for the same reason. In my one contract role I was not challenged at all nor did I learn anything new and I was straight out of college so the bar was not very high (fortune 500 firm). You’ll also always be treated somewhat like an outsider to the company and those who work at it. Lastly you’ll be sacrificing benefits as a contract employee possibly. You likely will have to negotiate any PTO in advance and won’t have 401k or 401k match, stock options/equity, bonus, health, life, dental and other benefits. Factoring in this I think 20% is way too low. Also I don’t know about you but job security is pretty nice, especially with so much uncertainty in the economy.

I’d take it

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