It is no secret that long hours of work and overwork can have serious psychological effects, such as anxiety, depression, insomnia, or even hostility. Consulting is not a typical 9-5 job, and you may feel like you are “always working” due to the long hours spent on the road. If you are looking for stability and structure, then consulting may not be the right career for you. However, consulting does offer a great degree of flexibility.
You will need to create your own work structures and be accountable for your results. According to recent rankings of the most stressful jobs in the financial services industry, consulting was placed sixth - right in the middle of the group. Most of the positions that were considered to be the most stressful had an income-generating component.Risk management was the only exception. Adding business development responsibilities can significantly increase your maximum compensation limit, but it can also raise your stress levels - especially when it comes to a new position. As an expert in the field of consulting, I can tell you that it is not an easy job.
It requires dedication and hard work, and it can be quite stressful at times. However, if you are willing to put in the effort and manage your stress levels effectively, consulting can be a rewarding and fulfilling career.