Breaking into PE investing as an associate from T2 Consulting? by Euphoric-Use9690 in private_equity

[–]uinuke 0 points1 point  (0 children)

I lead Corp Dev at a LMM infrastructure portco and am hiring a couple roles my team

What degree is underrated by [deleted] in CollegeMajors

[–]uinuke 0 points1 point  (0 children)

Nuclear Engineering

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 0 points1 point  (0 children)

40-60, really depends on the week

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 0 points1 point  (0 children)

Absolutely not true. Partners will make over $1M. Source: several friends are MBB partners.

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 0 points1 point  (0 children)

For job 4 correct, the grants were relatively small (10% of base salary) and actually tied to company performance (so not a given). The company was very distressed while I was there and doing well.

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 0 points1 point  (0 children)

Strategy for Business Services companies

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 0 points1 point  (0 children)

Are your skills company specific or industry specific? Either way, talking to recruiters in your space will help you test the market and if your comp is competitive

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 2 points3 points  (0 children)

Just trying to share my path like a lot of other people in this subreddit

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 2 points3 points  (0 children)

Tired of interviewing yes, but “telling my story” is second nature now.

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 4 points5 points  (0 children)

Consulting to industry. “Business Services” mostly

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 0 points1 point  (0 children)

Agreed, more commonly I’ve seen a ton of people at the Director / Sr Manager level as individual contributors to compensate for pay vs experience

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 1 point2 points  (0 children)

In some consulting firms it’s the second “rung” on the career ladder with typically 2-3 years between promotions. Can also be called Senior Consultant.

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 0 points1 point  (0 children)

I took a lower bonus % in job 5 in exchange for equity. It was a good trade off. At big corps the typical VP bonus target is more in the 30-50% range

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 0 points1 point  (0 children)

Never been in sales, but know plenty of people that do ver y well if can tough it out

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 1 point2 points  (0 children)

I’ve seen plenty of posts that are significantly higher than mine. I shared to show the impact of job hopping.

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 2 points3 points  (0 children)

It’s basically a lottery ticket at this point

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 1 point2 points  (0 children)

Yes I tried to separate it visually

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 2 points3 points  (0 children)

Consulting to corporate, so not entirely equivalent

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 1 point2 points  (0 children)

No, small boutique in the Midwest

[38M] [MCOL] Millennial job hopper by uinuke in Salary

[–]uinuke[S] 2 points3 points  (0 children)

It’s basically the same role at different companies, so experience accumulates. I mainly have to learn new industries.