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Personally I would stick with 125k for the work life balance. If there is something covid has taught me, it's respecting and enjoying time with my family. If you're disciplined enough to keep yourself updated / learn, I'd suggest keeping that extra time to yourself. Because ~ 150k/2250 hours is not a big increase over 125k / 2000 hours imo.
It all boils down to what you value more and what time of person you are
Use a decision matrix :)
Purpose:
Use this decision matrix when stuck between two or more options. As an indecisive person who tends to overthink things, I use it religiously and have used it to buy/sell cars and homes, pick jobs, and even decide where to live. This decision matrix helps neutralize biases and daily feelings as much as possible in favor of weighing options against your true personal values.
Process:
1. Make a long list of everything you care about. Doesn’t matter how major or petty but try to be detailed (e.g., think base salary, bonus structure, and stock options all as separate line items instead of just pay). Try to include as much as possible.
2. Go through each line item and rate each with a 1-5 based on how much that item matters to you (e.g., base salary likely ranks higher than lunch options).
3. With only Option #1 in mind, go through each item again and rate 1-5 based on how well that option fulfills that thing you care about.
4. Follow the same process for however many options you have on the table.
5. Revisit Option #1 and multiply each line item score for that option by the weight score of that line item (e.g., Booz Allen scored a 5 on base salary and base salary is a 5 to me; therefore this line item gets a total of 25).
6. Follow the same process for however many options you have on the table.
7. Revisit Option #1 again and add up all scores into a single sum total.
8. Follow the same process for however many options you have on the table.
9. Whichever option has the single highest total score is what the decision matrix says you should choose.
Notes:
1. Avoid yes/no items since you can’t weight them on a scale. For example, if a job option requires a move, don’t include Requires Move? Yes/No. Instead take the two locations into account and break that down (e.g., weather, school district, restaurant options, outdoor activities, etc.).
2. Avoid inadvertently tipping the scales. For example, if one office has free coffee for employees and the other doesn’t, you wouldn’t have an item called Free Food. Instead, you would maybe have Food Options or Office Amenities then the option with the free coffee may just score higher on that item.
3. Avoid dealbreaker items. If a job option requires a move and you’re not willing to move, then it’s really not an option is it? If you are willing to move, try to identify comparable items as best you can by adding as many items to the list as possible and avoiding yes/no items.
Best of luck on the decision!
Wow thank you so much for the detailed response! I’ve tried something like this in the past and this is a great idea! I haven’t tried weighting things like you mentioned and will try that now! 😊
Depends on where you are in life. In your 20s, go with B because you still have a long career ahead and B seems to open more doors/give you more interesting stories to tell for both networking and interviews. If you are in late 30 and just want to chill and have other priorities in life, choose A.
Definitely option B. Client facing is far better for both learning and job security.
Drop the name of the companies !
I’d recommend to go for the one where you’ll learn more. You can always take a backseat at another firm
Go with option B only for the exposure and learning. That 25k difference won't make up for the extra running around and stress you are about to add to your life.
Companies with a bad reputation with regards to work life balance can catch you by surprise...and quite a nasty one at that. It can go from 40-45 hrs/week in your old firm to 55-60 hrs/week in less than 6 months at the new one. Add to that the fact that clients are babies and will want everything yesterday. That will take your weeklies to 65-70 hrs on average easily. And that is a conservative estimate. I would not recommend it to a person who is married with kids. For a single person with no kids, maybe.
I would have said Option B hands-down, because that’s what I did 20 years ago and I’m happy with where it took me. Then I read the advice from EY 1 and Accenture 1, and they both make a lot of sense.
Either way, good luck and I wish you all the possible success and more.
In the same boat but with lower salary. All depends on your situation but I'm personally selecting option B with higher salary as I'm in my mid 20's and willing to sacrifice WLB early on in my career. Plan to grind it out for 2-3 years then pivot to a role with better WLB. I'm single so I have nothing holding me back but my decision would definitely differ with kids. Good luck with your decision!
You’re basing a lot on $25k - which is not an amount to scoff at, but also not a lot in the grand scheme of things. How does compensation trajectory & upwards mobility vary between the two roles?
The biggest advantage to Option B is that it gives you a higher starting point for future raises, bonuses, and moves. All other things being equal, a 15% jump off a higher starting point to your next role will get you more than a 15% jump off the lower starting point.
But WLB is something you create for yourself. If you’re OK with doing 12-14 hour days M-Th, you can create WLB by coasting on Fridays and giving yourself “longer” weekends, vs. working the same hours over 5 days. It really depends on how you perceive WLB and your ability to be really “present” at work vs. wasting time during the workday, thus inadvertently lengthening your days.
Option A! Learn on your own with the extra time!