Love my job at KPMG, working on really interesting projects in technology consulting. I think I have a path to MD/Partner in a few years. Been recently approached by Meta for an M1 role, where I would clearly double my compensation. Please hear my pros and cons of making the move, as it is not as simple as more money->take the job. Pros: - double the $$$ - Meta name on resume - exposure to some of the smartest people/problems in tech Cons: - Meta stock down, layoffs might be coming, last in first out - engineering manager feels like life coach/babysitter for engineers, little career progression from there and loss of technical acumen - what jobs can I apply to after 1-3 years at Meta if I get bored? Whereas all options still totally open after another a few year in consulting - will potentially loose the partner track in consulting (and the guaranteed pension/ retirement at 60) What do you guys think? TC : $230k YoE: 14
There is also a risk in the partner track too, right? What ratio of directors make it through?
I think you’re seriously down playing the recognition of Meta at the expense of a generic consultancy company. Once you break into FAANG it’s easier to get into other FAANGs. Also don’t fall for the allure of pensions, if you’re doubling your income that’s $250k per year you put directly into retirement. There is no pension on earth that does this. Also companies can easily get out of pension obligations (just look at the auto industry) thru a myriad of tricks. I also don’t buy into the Meta is crashing narrative. They still make billions in profit from ad revenue alone. 98% of their problems are what companies wish they had. They will definitely be around for the next decade at least.
Get an offer first
If you were at McK, this conversation might have had some merit.
^ Big 4 vs Big 3
Big 4 is a fraud term. They are Big 4 of audit, not in advisory. For strat advisory, MBB it is.
What makes you think that you can perform well as an Engineering Manager if your experience is in consulting? Consultancy is very different than FAANG engineering.
KPMG….dude jump to Meta if you get an offer. Why is this even a question???
It's an entirely different world in FAANG vs consulting. Whenever there are posts like this they usually fail to take into account that the quality of coworkers is so much higher and the level of bullshit and toxicity so much lower that you'll have to re-think how you operate and interact with everyone (in a very very good way). It's a no-brainer. If you're thinking about it I would ask if you're fully aware of the quality difference in your coworkers between FAANG vs consulting. I'll give you an example. Think about the most in-depth, technical discussion you've ever had. Chances are it was a high-powered meeting full of clients and internal KPMG folks looking over your shoulder. Exhausting mentally and inefficient communication-wise because chances are your clients don't know jack shit, that's why they're paying you. Imagine having a conversation 2x as in-depth and technical with your teammates, but just casually over workchat, you arrive at the correct technical solution quickly and nobody fricken asks to turn it into a meeting. This happens regularly at meta and I'm pulling this example directly from my previous experience in consulting vs here. Imagine how much easier your life would be. Now imagine having that easier life for 2x the pay. What are you doing man take the offer
Thanks very much for the insights!
This is a moot point until you get a job offer from meta. Recruiters cast a wide net. The interview is not as easy to crack as you might think
Do you even have an offer yet?
He is approached by. Job is absolutely guaranteed. It's just Meta🤣
No offer yet, but just preparing for an interview at Meta will take dozens and dozens of hours. So trying to make sure I do not sink all these hours for something I am not even sure is a good fit
If economy goes down, you don't think KPMG will be hit?
Of course but we’re privately owned, which si inherently more stable, and I know I am not in the bottom tier of performer that will likely get fired in a deep recession