Offer comparison: Mastercard Advisors vs. McMaster-Carr

Context

These are my only two offers, and I have not been given any other interviews. I intend to stay in this role for at least one year (and ideally until first promo) and then change jobs to be with my partner in Dallas where she is for med school. The hope is to exit into a strategy consulting role. While we’re long distance, I plan to travel to Dallas once a month to visit my partner. At this stage, I am leaning heavily toward Mastercard, but want to make sure I’m not making a mistake turning down twice as much money.

Mastercard

Location: Boston, MA (financial district)

Base salary: $90,000

Expected bonus: $9,000 (10% of base)

Signing+relocation: $10,000

401k contribution: $9,000 (10% of base), fully vested

Total comp: $108,000/yr + $10,000 s+r

Job title: associate consultant - strategy transformation

Job description: 4-12wk projects with external clients, focused on Mastercard products

Promotion timeline: 1.5-2yr average (next title: consultant)

Hours: 35-45

WFH: 2-3 consecutive days in office, + 4wk/yr fully virtual

Exit opportunities: MBA, Big4-MBB consulting, payments/data companies (visa, tableau)

Culture: Overall positive, office specifically is laidback and organized. Very, very positive experience from friends who interned.

CoL: high

Company recognition: Fortune 500 household name fintech

Notes: The steady WFH will let me see my partner for longer periods of time. Boston is also my favorite city in the US.

McMaster-Carr

Location: Elmhurst, IL (30~ min from downtown Chicago, many employees live downtown)

Base salary: $114,000

Expected bonus: $45,600 (McM profit-shares, with a 15yr historical average of 40%)

Signing+relocation: $12,500

401k contribution: $39,900 (25% of base + profit sharing, 6yr vest. On expected exit timeline, I would capture 20%, or $7,980)

Total comp: $167,580/yr + $12,500 s+r

Job title: Management trainee

Job description: Embedded in a random team as needed, for rotations that are about a year. Could be in pricing, supply chain, customer service, warehouse operations, product, etc. No say on team.

Promotion timeline: 1 year average, but lateral promotion to supervisor role (no comp change). Typically 3 years from management trainee to manager (which has a comp change).

Hours: Incredibly dependant on team, typically 40-45.

WFH: Fully team dependent. 

Exit opportunities: Many exits to Grainger and eBay, some to amazon, otherwise to other no-name industrials or manufacturing companies

Culture: According to Glassdoor (and reddit, WSO, and fishbowl), the culture is TERRIBLE. Highly opaque, manager-dependent, etc. Work seems super dull.

CoL: 25% cheaper than Boston

Company recognition: Often gets confused for Mastercard lol. Outside of those in engineering of some sort, relatively unknown.

Notes: The ONLY benefit to this role, across basically every metric, is the money.