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re: A job offer from a competitor- why am I not excited. Updated
Posted on 10/9/22 at 9:20 pm to Gorilla Ball
Posted on 10/9/22 at 9:20 pm to Gorilla Ball
If it’s a competitor and you’ve been in the industry 20 years I don’t really understand why you don’t know the answer?
Is their product better? Do customers prefer it? What’s the future? I mean let’s throw compensation out, and just go purely on product. Which product would you rather sell?
As said yeah there’d be a lot of pressure to convert, but if their product is better wouldn’t that be natural anyway? If it’s not a better product, I wouldn’t want to do it but I’m not a salesman.
If you are 58 the way I’d see it is I’d either be on cruise control into the sunset at my current job or go on one last adventure. If your compensation is that much better realistically if the job market does take a shite and you lose your job you’d still be doing alright all things considering compared to your old job.
Is their product better? Do customers prefer it? What’s the future? I mean let’s throw compensation out, and just go purely on product. Which product would you rather sell?
As said yeah there’d be a lot of pressure to convert, but if their product is better wouldn’t that be natural anyway? If it’s not a better product, I wouldn’t want to do it but I’m not a salesman.
If you are 58 the way I’d see it is I’d either be on cruise control into the sunset at my current job or go on one last adventure. If your compensation is that much better realistically if the job market does take a shite and you lose your job you’d still be doing alright all things considering compared to your old job.
1
Posted on 10/9/22 at 9:38 pm to baldona
The products are similar. The product isn’t in my territory so I’m not sure if their customers prefer it. They do things differently direct to consumer from their call center.
The products are similar - the “new” is willing to do discounts etc so it allows for flexibility and they are always thinking outside the box
The products are similar - the “new” is willing to do discounts etc so it allows for flexibility and they are always thinking outside the box
Posted on 10/9/22 at 10:10 pm to Gorilla Ball
What does your wife think - assume you are married
Posted on 10/9/22 at 10:36 pm to wfallstiger
She said go for it, but for 20 years I’ve been saying it’s the best product second to none.
Posted on 10/10/22 at 1:50 am to Gorilla Ball
I am going through a similar situation and feeling right now too.
I have been employed in a competitive market for over a decade+ with the same company.
I have just always absolutely hated our Competitors (probably at a unhealthy level) because we were essentially fighting over the same customers and I always saw them as taking money out of my pocket. Market Share is always personal.
I was just approached by one of the Competitors that I loathe the most about joining them. Better pay and other benefits. It should be a no brainer decision.
I am just torn by not wanting to leave what I built at my current employer and then essentially become their biggest competitor. Just a sense of weird loyalty.
Also, I have anxiety that the Competitor would just eventually find a way to quickly dump me but feel satisfied that they removed me from “the other team”.
Good Luck with your decision. Just make sure you are in a position where you can bet on yourself and win in the new setup. You are clearly good at what you do.
I have been employed in a competitive market for over a decade+ with the same company.
I have just always absolutely hated our Competitors (probably at a unhealthy level) because we were essentially fighting over the same customers and I always saw them as taking money out of my pocket. Market Share is always personal.
I was just approached by one of the Competitors that I loathe the most about joining them. Better pay and other benefits. It should be a no brainer decision.
I am just torn by not wanting to leave what I built at my current employer and then essentially become their biggest competitor. Just a sense of weird loyalty.
Also, I have anxiety that the Competitor would just eventually find a way to quickly dump me but feel satisfied that they removed me from “the other team”.
Good Luck with your decision. Just make sure you are in a position where you can bet on yourself and win in the new setup. You are clearly good at what you do.
This post was edited on 10/10/22 at 1:54 am
Posted on 10/10/22 at 4:28 am to Gorilla Ball
Well, is it the product, you or both? My father was a terrific pharmaceutical rep - no doubt - but he also worked for Merck when it was truly an industry behemoth
Posted on 10/10/22 at 6:20 am to Gorilla Ball
quote:
My current employer is privately owned.
As someone who moved on from a private company not in my field to this job 15 years ago....
If I could make close to what I'm making now I'd go back in a heartbeat.
I've spent enough time in hospitals to understand the likelihood ill never get to retirement and how much family and time home is worth as well as not being a number in a machine. Time now in life is just as important as retirement...
To me anyway.
You get with a big enough place to throw all that cash they will be more than likely a high pressure sales gig. They want results and you're a number.
I'm a number. I had it on my work shirts instead of my name for a number of years as an understanding.
GL amd keep us updated. I hope for you whatever you choose it's great for you.
Posted on 10/10/22 at 7:53 am to thejudge
As someone else has stated you need to make sur you do not have a "non-compete" in place before considering jumping ship. If you do have one it would make things considerably more difficult as you may not be able to contact you current customers until a specified time has passed.
Posted on 10/10/22 at 11:44 am to CajunTiger78
Neither companies have non competes
Posted on 10/10/22 at 1:44 pm to Gorilla Ball
Sell your current boss on paying you more money.
Sounds like you really don't want to jump ship.
Sounds like you really don't want to jump ship.
Posted on 10/10/22 at 2:09 pm to ItzMe1972
I absolutely don’t really want to -
Posted on 10/10/22 at 9:26 pm to Gorilla Ball
I apologize for harping on this, but honestly I’d look at their product if they are truly a competitor. Use this as a reason to deep dive into their company for your own benefit, worst case you come out more educated on why your product is better or who you need to sell to more compared to them. Maybe none of this makes sense as it’s not truly a ‘competitor’, but that’s the first thing I’d be looking into.
If they are paying you on commission and you can’t sell shite because it sucks then a high commission really doesn’t matter.
If they are paying you on commission and you can’t sell shite because it sucks then a high commission really doesn’t matter.
Posted on 10/11/22 at 11:07 am to Gorilla Ball
quote:
I absolutely don’t really want to -
Bring the offer to your current owner.
Even if he can get halfway there, it's a big win.
Posted on 10/11/22 at 11:53 am to baldona
Thanks
Posted on 10/11/22 at 12:24 pm to Gorilla Ball
quote:
Thanks
You make a call?
Good luck - nothing to add
Posted on 10/12/22 at 5:22 am to Meauxjeaux
quote:
Bring the offer to your current owner. Even if he can get halfway there, it's a big win.
Careful with that approach. It’s possible the current owner will get upset, feel like he’s being extorted and tell you to GTFO.
Posted on 10/12/22 at 8:44 am to Kreg Jennings
quote:
Bring the offer to your current owner. Even if he can get halfway there, it's a big win.
Careful with that approach. It’s possible the current owner will get upset, feel like he’s being extorted and tell you to GTFO.
This is always a hot topic for debate. OP's been there almost 20 years so I gotta assume he'd have a good idea.
Sometimes owners really have no idea what a competitor would offer in pay until an offer is brought to them, and they would be more than willing to work with their employee. But you are correct, you gotta be willing for anything to happen.
Posted on 10/15/22 at 11:18 am to baldona
Update. I had a call with company president and my direct boss. They were thankful that I brought this to their attention and they offered a bonus thats basically a two year contract.
And that by accepting it’s a two year commitment and that if I would leave the company that it be required to be returned.
I’m happy and relieved
And that by accepting it’s a two year commitment and that if I would leave the company that it be required to be returned.
I’m happy and relieved
Posted on 10/16/22 at 4:55 am to baldona
When I talked with them on Friday I was prepared to give them my resignation (not happy about it, but prepared) - yes you are correct anything could have happened.
A friend is in medical sales and it happens all the time, and he said his company policy is to let them walk.
A friend is in medical sales and it happens all the time, and he said his company policy is to let them walk.
Posted on 10/16/22 at 6:21 am to Gorilla Ball
quote:
Update. I had a call with company president and my direct boss. They were thankful that I brought this to their attention and they offered a bonus thats basically a two year contract.
And that by accepting it’s a two year commitment and that if I would leave the company that it be required to be returned.
I’m happy and relieved
Sounds like you made the correct call. Peace of mind is a wonderful thing. Good for you.
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