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[quote=Anonymous]Im in a federal job that has staff and managers on economic matters. People go to consulting all the time, but especially so for the managers. The compensation increase can be huge: I’m talking from 200k to 500k at least. What’s the catch? I admittedly don’t know the managers on a personal basis. Do managers in their late 40s/early 50s go into consulting and maintain the 50-60 hour work weeks that they do in the government? Do they switch to part time basis as a “consultant” and they may not get the full time compensation? I’m not job hunting so I wouldn’t know the details. Just seems very common in the DC area I’m mostly perplexed. Is it the money? Better flexibility? Is it a veiled partial retirement? One reason I’m interested is that when I’m 50 or so, I’d like the flexibility of working 20 hours a week to do keep my mind sharp, but don’t know how these arrangements work. I don’t want to work 50-60 hour weeks into my 50s, and no amount of money is worth being away from my family [/quote]
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