Transitioning from GS-15 Fed manager role to private sector

[Anonymous]

Anonymous wrote:If you are going to move to private sector, there is something to be said for doing it early and starting to climb the ladder and accrue stock. I was on very prestigious hill committee and had to go private and be junior to people with far less hill and agency experience because they made the leap earlier.

I’d guess $200 to $300, plus stock and bonus, depending on what (e,g, pharma pays more than device).

Start networking w alums of your agency who made the move. They’ll tell you what kind of comp to expect at your various options.

NP here. What if nobody ever leaves your agency to go private what does that mean? Does that mean? I am no good options for an exit.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you are going to move to private sector, there is something to be said for doing it early and starting to climb the ladder and accrue stock. I was on very prestigious hill committee and had to go private and be junior to people with far less hill and agency experience because they made the leap earlier.

I’d guess $200 to $300, plus stock and bonus, depending on what (e,g, pharma pays more than device).

Start networking w alums of your agency who made the move. They’ll tell you what kind of comp to expect at your various options.

NP here. What if nobody ever leaves your agency to go private what does that mean? Does that mean? I am no good options for an exit.

Could mean they love the agency.

[Anonymous]

Anonymous wrote:If you are going to move to private sector, there is something to be said for doing it early and starting to climb the ladder and accrue stock. I was on very prestigious hill committee and had to go private and be junior to people with far less hill and agency experience because they made the leap earlier.

I’d guess $200 to $300, plus stock and bonus, depending on what (e,g, pharma pays more than device).

Start networking w alums of your agency who made the move. They’ll tell you what kind of comp to expect at your various options.

This is good advice (I'm the former GS-13)

[Anonymous]

I don’t want to sound contrarian but exit opportunities for gs-15s are highly dependent on domain and actual expertise. Going into consulting at a principal/VP level can be hit or miss. Some firms are ok at on-ramping more senior folks. Some are not. Also note that managing in govt is very different than the private side; I also find they many, especially senior leaders from govt can struggle with the pace and also the subject matter on the private side.

If the agency you come from has a lot of contracts or the work you manage is highly transferable (e.g. industry standard reports), then exit opportunities are a lot more.

[Anonymous]

Anonymous wrote:I don’t want to sound contrarian but exit opportunities for gs-15s are highly dependent on domain and actual expertise. Going into consulting at a principal/VP level can be hit or miss. Some firms are ok at on-ramping more senior folks. Some are not. Also note that managing in govt is very different than the private side; I also find they many, especially senior leaders from govt can struggle with the pace and also the subject matter on the private side.

If the agency you come from has a lot of contracts or the work you manage is highly transferable (e.g. industry standard reports), then exit opportunities are a lot more.

What the zombie thread?

[Anonymous]

Coming in as Head/VP of Govt Affairs of a large company you would likely make the higher numbers cited above + (plus significant bonus), but those jobs are pretty hard to get and few and far between.

Most of these lobby teams are individual contributors (Director) and probably make around $200-250k + 20% bonus target and (maybe) some minimal stock, unless it’s a tech company where it would be much more significant. Just based on my experience peripheral to Govt Affairs in one of these large companies.

[Anonymous]

OP I’m a PhD economist in the federal government, gs 15, and in my shop people go either to consulting or tech (or academia, more rarely). Does any of these sound doable to you? You gotta leverage your skills: industry may value your management expertise, or may value your technical chops. Depending on your niche your income compensation can triple…