Very happy at current job; does it still make sense to switch?

So I've been working at Corp Strat at a FAANG right now. Pay is solid (90K eur all-in), and I'm working 35-50 hours a week. I should get a bump to 130K all-in within a year, ratings are very strong, I'm learning a lot and I really like my boss.

There are some tech firms that pay 30-40% more - even post bump - but these are less strong names (f.i. Pinterest) with potentially less interesting work. Also I am aware that having a boss you like & being in an environment you like going to work to every day where you are regarded highly by your peers is not something that's guaranteed in another company.

My thought is that I might be able to go to a T2 Tech company in corp strat, take a 40% bump and then switch back into a FAANG a few years later with an accelerated path to a higher level there (and take the money with me).

Am I being fully shortsighted here? Any monkeys out there did something similar? I did banking & worked my way through uni, so I am very aware how nice my life is right now, but that doesn't mean that - in theory - there's something even better out there.

10 Comments
 
Most Helpful

It should like you have this already figured out. If you jump to a T2, you might get more money in the short run (+50k on top of your near term bump to 130k). Seems like a lot for you now. Question you might ask yourself is what does your pay trajectory look like in 5yrs and 10yrs. Probably even 180k might seem very small potato. If so, what does your core job hunting attributes look like (1) Resume (2) core experiences you can talk about in a job interview based on your alternative paths. Lastly what are the career risks? One hand is a boss you know, like, and he/she likes you (ratings are very strong). On the other hand what will your new boss think of you (and not everything is controllable by you so he/she may not like you even if you are great).

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”