I got an offer from a developed country A, while I am in a developing country B, I earn something more.
However, cost of living in country A is quite a bit higher.
Does it make sense to make the move?
I know there are many factors that might be part of the consideration. But I wonder if people move out of consulting and take a paycut.
Hi there,
I personally took a paycut (approximately 20%). Not only that, but I wasn't too far away from promotion.
It all depends on your values, goals, and desires in life. I was interested in a different topic/industry and wanted a better worklife balance, so I was happy with the paycut.
Plenty of people leave consulting and make a lot more, but plenty of others make the same or less. Again, think about what you really want/value and make the decision accordingly.
Good luck :)
Yes, a lot of people take paycuts when moving out of consulting. That is actually the norm, as you will be moving to a less taxing job. Less hours, less travel, less “emergency work”, slower pace, …
Also people take paycuts when moving to different locations (you usually earn the market rate, and sometimes you move to a better position in a lower wage location).
When people move out of consulting it usually isn't for better wages, quite the opposite. Most people stay in consulting for the sole reason of it paying better.
