[Question] How would I know if a PhD is the right career path?

I’m working on my master’s degree, and during a talk with one of my professors, the subject “Would you be interested in pursuing a PhD?” came up. I’ve given this a lot of thought over the last few months, but I’m at a loss for a response. I believe the issue is that with a bachelor’s or master’s degree, you have a good idea of what you’re getting yourself into and what is expected of you, however with a PhD, it’s much more difficult to get information (at least for me /​ in my country).

I had some work experience before going to university, and I know I don’t want to spend the rest of my life doing monotonous office work. During my master’s studies, I intend to participate in as many extracurricular events as possible in order to gain a grasp of “department life” or at the very least a sense of what it’s like to work in science. I enjoy working with the team and the professor, although I have had more contact with the postdoc so far. With this respect, I have a few questions and your feedback might help to list the pros and cons

  • Other PhD students complain about the professor’s ambiguity about the direction of their research. Isn’t a PhD position about charting your own course and conducting research with the assistance of postdocs and professors? If there is a clear way, I believe we won’t need PhDs or researchers, right?

  • What professional options will I have in the sector once I complete my PhD? Will I be considered overqualified?

  • Can I earn the same pay as someone who has worked in industry for 4-5 years if I opt to do a PhD and then transfer into industry?