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Job A/Job B Advice
Posted on 3/24/14 at 4:23 pm
Posted on 3/24/14 at 4:23 pm
Currently in Job A
Salary is $X. I enjoy it, although there is some major micro management from my boss all the way to the top. Professional position with good benefits, 8% matching 401k. A little travel and a few weekend work.
Have probably hit ceiling on advancement though, unless I want to get a graduate degree on my own dime. Not against that, but should be factored in.
Job B is smaller organization. CEO invited me to lunch a few weeks ago and pitched me taking over a department. Management opportunity, Salary is $X + 20%. Benefits aren't as good. No match on 401k so salary is really about 12% higher.
I think I would really be able to change this organization's future, and would have the freedom to do so, but they have had trouble in the past and have a history of laying off managers to tighten ship. Advancement is limited, but definitely possible. No travel. Literally could walk to work from my home as well vs. 30 minute one way commute.
Salary is $X. I enjoy it, although there is some major micro management from my boss all the way to the top. Professional position with good benefits, 8% matching 401k. A little travel and a few weekend work.
Have probably hit ceiling on advancement though, unless I want to get a graduate degree on my own dime. Not against that, but should be factored in.
Job B is smaller organization. CEO invited me to lunch a few weeks ago and pitched me taking over a department. Management opportunity, Salary is $X + 20%. Benefits aren't as good. No match on 401k so salary is really about 12% higher.
I think I would really be able to change this organization's future, and would have the freedom to do so, but they have had trouble in the past and have a history of laying off managers to tighten ship. Advancement is limited, but definitely possible. No travel. Literally could walk to work from my home as well vs. 30 minute one way commute.
This post was edited on 3/24/14 at 4:24 pm
Posted on 3/24/14 at 4:38 pm to anc
How long has Company B been in business? How many people does Company B currently employ? What are Company B's revenues? What is your career field?
Posted on 3/24/14 at 4:46 pm to anc
Are you ok with the salary/benefits you are currently making, or would the pay raise be the biggest issue for you?
Smaller companies - lots of opportunity, but the personal issues matter more. You really have to have complete confidence in the people running the company.
How much do you think the salary increase is due to more responisbility, vs the salary increase due to problems keeping employees?
Smaller companies - lots of opportunity, but the personal issues matter more. You really have to have complete confidence in the people running the company.
How much do you think the salary increase is due to more responisbility, vs the salary increase due to problems keeping employees?
Posted on 3/24/14 at 8:11 pm to LSUFanHouston
Do you have kids? If you're in the position to take a risk right now, I vote for Job B.
Posted on 3/24/14 at 9:00 pm to anc
Have you had the discussion with company B's CEO about how when they start performing badly middle management is first to go, did you ask why? What if he says this time it's different, well why?
Also what's the performance history at B? Does the leadership have any history running company's successfully long term or do they always tend to start doing well then flounder?
Also what's the performance history at B? Does the leadership have any history running company's successfully long term or do they always tend to start doing well then flounder?
Posted on 3/24/14 at 9:47 pm to BAMAisDIESEL09
I'm in education management.
Company B has been around for about 20 years, but restructured itself three years ago and almost started over. They have a new CEO that is making good changes.
I'm okay with where I am, like I said, this is unsolicited. I have a young child and Company A currently has a high benefit - free college tuition anywhere in the country. That's about 15 years down the road though. That could be a $200k benefit when it comes time.
I'm leaning toward staying put because the job move is simply not life changing. If they were doubling my salary, it'd be a different story. I can handle the micromanagement.
Company B has been around for about 20 years, but restructured itself three years ago and almost started over. They have a new CEO that is making good changes.
I'm okay with where I am, like I said, this is unsolicited. I have a young child and Company A currently has a high benefit - free college tuition anywhere in the country. That's about 15 years down the road though. That could be a $200k benefit when it comes time.
I'm leaning toward staying put because the job move is simply not life changing. If they were doubling my salary, it'd be a different story. I can handle the micromanagement.
This post was edited on 3/24/14 at 9:52 pm
Posted on 3/24/14 at 10:02 pm to anc
Id stay at Job A based off of the information given.
Posted on 3/24/14 at 10:11 pm to anc
quote:
I have a young child and Company A currently has a high benefit - free college tuition anywhere in the country.
Is that something that you expect to be there in 15 years? Benefits change sometime
quote:
I can handle the micromanagement.
If you don't mind the micromanagement I'd probably stay put.
quote:
Company B has been around for about 20 years, but restructured itself three years ago and almost started over. They have a new CEO that is making good changes.
Can you negotiate even higher salary to make up for the split? Do you believe you are capable of surviving a restructuring? Does being your own boss seem like something you'd enjoy?
I feel like those are some important questions. Considering you had lunch with the CEO, I'd imagine you could have some bargaining power about the position since it seems like they have high interest
Posted on 3/25/14 at 7:26 am to GenesChin
Yea if you were single and no commitments I'd say B, but with a young kid, stick with A.
Sounds like you're in a good position though!
Sounds like you're in a good position though!
Posted on 3/25/14 at 9:07 am to jso0003
quote:
Sounds like you're in a good position though!
I am. Best career spot in my life. Company A is obviously a university, so its pretty safe. The tuition benefit has been around for a long time, I don't see it going away because faculty members are recruited with the promise that their children can go to an expensive private university for free.
Company B is a private entity that deals with education. Its an intriguing opportunity. One option that a friend brought up to me is actually offering to do some consulting instead of taking full time employment. That would probably make up the 20% gap.
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