Brand Name to No Name - what would it take?
What would it take in terms of comp and increased responsibility to jump from a brand name/job security to a small private office, especially in the current environment?
What would it take in terms of comp and increased responsibility to jump from a brand name/job security to a small private office, especially in the current environment?
Career Resources
Participation in upside would need to to be attractive and above what market was a month ago. Think about it like buying a deal. There is more risk in this environment so you need to get paid to take on elevated risk levels.
Unsure what you're doing now but if you have the opportunity to jump from analytical --> relationship / deal guy then that's the jump that makes it worth it. Hardest jump in ones career and it comes with it's own set of challenges. Some will never get that shot.
More importantly you better be ready personally and professionally to take on the stress and responsibility of being a senior member of a lean deal team.. Make sure you have good partners and that your skill sets are complimentary.
Comp is just one small part of work life. Lifestyle, autonomy/increased responsibility, being sick of big corporate BS meetings, the people, more interesting deals, more variety in work, access to mentors can all be good reasons.