Related Posts
Anyone at MBB looking to make a referral?
Cushman & Wakefield Interested in a Sales Associate position at Cushman & Wakefield. I have experience as a government analyst for 7 years but nothing related to commercial real estate. I want to become a more competitive applicant but not sure where to start. Are there any certificates, skills, or knowledge that I should be learning in my free time?
New to Fishbowl?
unlock all discussions on Fishbowl.



Yes, you are always valued more at a new company. The initial pay may be flat but the potential is higher. Plus the 401k match is an immediate pay increase.
Agreed with K1. Also moving laterally as a senior isn’t the best move. You’d essentially start back as a senior 1 since you have to learn how the new firm works. You can probably get 20k increase in salary to hop, but lower annual raises afterwards for your peers to catch up. Think about how much you’d give up in compensation if you stayed at your current firm and got promoted to manager in 2 years vs. 3-4 at a new firm with minimal raises and at the bottom of your level since you have no connections and nobody fighting for your promotion.
I would seriously consider it. People fixate on base pay, but benefits are real money. A stronger 401k match compounds for decades. That is future you getting a raise.
I would not do lateral just for the benefits, unless (1) you're unhappy at your current place (2) the change in your cash flow due to the cheaper insurance is material.
True
I disagree and think staying long term at your current company where you have connections, know the programs/software, and can move up and get promoted is worth more than these fringe benefits.
You can’t access your 401K for a while and health insurance premiums are up across all firms so I’d focus more on trying to get promoted and get more pay.