Curious to hear your thoughts. I have 5-7 years of relevant experience, and now I have two offers before me: a mediocre oppty (but with a strong brand name) in Midwest with NYC/market comp vs. a great oppty in NYC but with much less comp.
What should I primarily focus on before I make a decision?
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How are you defining mediocre and great opportunity?
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Great question. From my perspective, the mediocre oppty is just a continuation of what I've been doing (traditional LO, LS/ generalist model)-I personally believe that this space is crowded, and the firm doesn't have any notable differentiation/competitive advantage in this industry facing huge pressure. The great oppty is something more niche, specialized and unique-something I believe would be a great experience/skill to have in the long run, at least for me.
Sounds like you just answered your own question
Would you actually enjoy executing the day-to-day of the niche specialized role, or are you switching mainly because of the perceived lack of competitive advantage in the role you're leaving?
I ask because I've been in a similar spot, where I liked the day-to-day of a job facing industry pressures, and was weighing the switch to a niche area that had better industry prospects but a less enjoyable day-to-day. Your mileage may vary, but for me, enjoying the job outweighed the perceived industry prospects.
Comp and job aside - where do you want to live? If it was me that would be a more important if not equal driver.
Don't think about the comp, everyone in this career is making plenty of money. Pick what you're interested in / believe in and the comp will follow. That's how it works.
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