Difficult Offer Decision EY

They're peers. So it's really a personal decision: do you want more money, or stay in a place where you already know you are happy.

A few things to consider:

• Career progression
• Salary progression
• Specific role / team you will be working on (i.e., type of projects, industry focus, etc.)
• Location
• Active Alumni community (do they help each other; do they have events; do they help you when you need to move jobs; is there a valuable network; or none of the above?)
• Fixed vs. Variable vs. Benefits (do they really pay more? or is it simply a different mix?)

Please do remember that pay increases are high when you are promoted. A better pay on the other side may just be a temporary bump.

Finally, you can try to figure out if there's a pay gap between the two companies, and whether it is going to be addressed or not (you wouldn't want to move for +15%, and 2 months later everyone at Accenture got that same 15% increase…).

Finally, being in a team who believes in you and supports you has enormous value.

Hope this helps.

Hi there,

Q: I am having a difficult time deciding on the offer because I'm really enjoying my work and environment at Accenture at the moment

I would prioritize long-term goals over the salary increase (which doesn’t mean you should necessarily stick to Accenture – EY might provide more salary AND better exits/opportunities, depending on what you want to do).

In general, to decide between offers I would consider the following:

• Where do you want to be in 5-10 years? Try to identify the company that can help you to achieve that goal faster. You can check LinkedIn for that (see below).
• If you consider the average person you talked to in each company, which one would you rather be? You will spend a lot of time with your colleagues in the next years - be sure you choose a company where the people are close to the person you want to become.
• If money and prestige were not a consideration, which company would you choose? This could help you to identify additional elements to weigh you have not considered yet.

In terms of future exits, you can check them as follows:

1. Look for alumni of the two companies on LinkedIn.
2. Check how many moved to your preferred exits in your target region.
3. Normalize for the size of the companies in the region.

Best,

Francesco

Hi there,

I would say they are comparable firms in terms of reputation. You currently like your job and environment which is important. The new offer is a black box - it could be on par but it could also be worse. A little bit more money for an unfavorable environment is probably not worth it. However, you will not know the answer to that question unless you take the risk.

I would look at a 2-3 year timeframe when comparing compensation packages. If after such a comparison you believe that the new offer significantly gets you ahead financially, then it might be worth taking the step. This of course neglects any content considerations of the kind of work you would be doing. But I would assume that you hadn't applied for the role if you wouldn't like it - at least in principle.

Best of luck

On top of other answers, network with people at EY to understand and compare with your current role at Accenture:

• Career expectations in your location
• Company culture (EY is local, Accenture is global and differences are huge)
• Current staffing demand 

Best,

Alberto

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There's a lot to take into account and I would need to understand more about your situation in order to give you a proper perspective

but

my first instinct is to say that you should never switch jobs on compensation alone. 

If you happen to have found an environment that you like, that's amazing and you should stick with it. 

There are also transaction costs in switching from one firm to the other that you need to account for, which then makes the compensation less attractive.

Best,
Cristian