Thoughts on this exit leaving tech consulting as a Senior Manager with 10 years of experience going to a large bank. 240k base 30% bonus 50k equity 40k signing bonus
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Hi everyone, today is my last day at work due to being laid off.. and I’m just very sad so I’m looking for encouragement mostly. Not my first time being laid off, but still, I’m grieving and feeling lost and scared of the uncertain future. The role was in house strategy at fortune 500 legacy tech. It is a bloodbath in tech right now and im worried about how long it could take to find something new. In addition to that I ultimately feel betrayed… continue in comment
Job search check-in: I've had 4 real interviews in the past 2 months (not phone screens). Made it to final round for 3. Two went with internal candidates, the third had me competing against a whole cohort for limited spots. Two were top tech companies, two were mid-sized firms. Getting these interviews took serious work-networking, referrals, outreach. Final round three times and still no offer is discouraging, but I'm staying on it. Anyone else grinding through this?How's it going for you?
KPMG recently hit me with the PIP or Career Transition option and I chose the latter. Gave me 90 days to search for a new role and I still get paid out my salary until my separation date. Something told me a few months ago to start looking for an exit. The same week as the HR call, I was already interviewing in the final round. Received the offer last week. Happy to go! 😁✌🏽 Manager - 179K - MCOL Job offer: 180K base 45K bonus ESPP - 15 percent discount 4.5 percent 401K Unlimited PTO
Have an offer to go to a series B startup with about 200 total employees. Base comp 275k vs 215k at D. Up for SM this year (second try). Have a strong network. Debating whether slow and steady is the way or if I should shoot my shot and take the risk of startup life. Anyone with experience making that jump? Married with two kids in elementary school if that matters.
Extremely good exit for LCOL in current market conditions. 100% go for it.
LCOL, 2-3 days a week in office
Dude. That’s a phenomenal package but not sure I understand the “equity” piece if it’s a large bank. Congrats!
sounds like jpmc or capital one?
SVP level within their technology org
Congrats!
I’m a tech consultant too. What kind of sr manager would you be in bank?
This was my exact exit package to Corp Strat at a bank - have never looked back.
Congrats!!
Do it
What city and how many days in office?
NYC? Sounds reasonable but should be room to negotiate more
Sounds great! Would recommend taking it!
This is really good
Thanks everyone! Going to take it but nervous about leaving consulting
What is large bank culture?
I’d jump on that - congratulations!! Do you mind sharing what kind of role and level?
What was on your base or comp @EY before leaving?
No EYP is higher, especially at the SM and PPMD levels
Which bank?
WF
Do you have an MBA?
Nope
Congrats! $50K equity over how many years? Banks are usually not known for giving equity at SVP level. May I ask which bank is it?
Curious too. Boutique banks typically have equity offer, even for more junior level. But it’s rare at a large bank
50k equity per year