As new grads begin seeking their first career positions they sometimes have options between multiple opportunities. Often there is a choice to make between an opportunity that may pay more, and one that may be an investment in their future.
While the appeal of an impressive salary is clear… both for bragging rights and the ability to pay bills and fund a lifestyle, it may not be the best long term strategy.
Many career choices have an ‘ideal’ track that produce lasting benefits throughout a career:
In Accounting, a few years at a “Big 4” CPA firm (KPMG, PWC, EY, Deloitte) will benefit a someone throughout their career.
In Marketing, a few years at a Fortune 100 Consumer Products company (e.g. P&G or others) can be a valuable asset.
In Engineering, a few years at a Fortune 100 manufacturing company (e.g. GE or others) sets someone up very well.
And in many careers, the same is true.
Someone in Accounting and Finance will see the benefit of a few years at a Big 4 firm throughout their career. They will get interviews when others won’t, and edge others out of offers simply because of that highly desirable background on their resume.
Jobs at those firms won’t necessarily offer the highest salaries in the short-run, but the investment in time and effort in those firms will pay dividends for the rest of their careers.
What choices do you have to make?
A choice that’s better as a long-term investment rather than a short-term advantage is likely to be a decision you will never regret!
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