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job offer - what to do!!

 
#1 job offer - what to do!!
20/10/2004 14:09

sanjiv

I have been offered a junior consultancy role offering 25000 in London at a niche consultancy in a sector I have good experience (five years) prior to my MBA in the UK and 2.5 years in Financial service after my MBA. All this is not UK experience. Do you think it is right to take this position as I will be working within a team of consultants that are younger than me and less academically qualified but they are also very experienced. What is the cost of living in london is 25000 enough?

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#2 Re: job offer - what to do!!
20/10/2004 15:06

K

Hi,

I'd say that you will get by on £25k but, no more. It is not a good wage for someone with your qualifications working in London. To give you a comparison, Accenture recruit grads straight from Batchelors degree at £28 plus £10k joining bonus. I recently joind a big firm in London with 1 and a half years post degree work experience and negotiated £40k. If you really like the job, then take it. However, I'd be looking for more cash. If not now then certainly within a year. The job my be a step on the ladder so consider it from that point of view as well.

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#3 Re: job offer - what to do!!
21/10/2004 12:06

doesitmatter?

I personally think for your experience and qualifications, £25k is low, no matter how small or niche the consultancy. So what if your experience is not UK - that means nothing so long as there is a useful and required set of skills you can bring to the firm. If you are starting at the lowest scale, then people will think you willing to downgrade and therefore desperate for the job and you will get exploited to the hilt. I would either try to negotiate the salary or reject, but would definitely not accept. Trouble is most people don't really have the balls to reject offers from consultancies because the the primary motivation always appears to be the salaries and lifestyle.

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#4 Re: job offer - what to do!!
22/10/2004 10:41

sanjiv

Thanks for the advice I will try and negotiate a better salary. I am not too sure how far up it can go from 25K but will try anyhow. Will keep you informed.

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#5 Re: job offer - what to do!!
31/10/2004 00:05

sanjiv

Feedback from negotiating the salary. The company would not go higher than 25K so I decided not to go for this position as I felt it would limit my future earnings potential and career progression. Tough call especially since I dont have a job. Will keep trying

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