Title says it all. I accepted an offer at XYZ regional boutique bank in my hometown. Now an EB/BB has made an offer in NYC.
Salary at boutique is 130k all-in. EB/BB is north of 180k.
How do I not burn bridges in my hometown and renege properly? I really value the opinions of the people at the boutique as they are big in my network, but this is actually a once in a lifetime opportunity.
Please help me monkeys.
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Is the $180k in NYC actually more than the $130k in your hometown? Do the math and also consider lifestyle etc. But I would say just do it.
Lifestyle would be 60 hours vs. 80 hours. PE exits are mind-bogglingly different as you would expect. Comp adjusted is about equal with a small edge going to the EB/BB
PE exits are likely given my background. Boutique - LMM vs. EB - MM/UMM. I'm very much filtered out of the MF race, thank god.
If you want to do PE, take the NYC offer and don’t look back. That being said, getting paid about the same (adjusted for purchasing power) for working 20 less hours a week is not a bad deal at all
At the end of the day its going to suck, but it doesn't matter. Just do it.
Could I pm you a few questions about recruiting?
I'm not a student so probably not the best person to ask.
Assuming you also lateralled from another boutique, currently at a 2 man M&A shop
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