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New job vs old job decision

Posted on 1/13/23 at 11:31 am
Posted by Shamoan
Member since Feb 2019
9191 posts
Posted on 1/13/23 at 11:31 am
Got a new job in finance (background is Accounting) for an almost 50% pay increase. New job is VERY corporate, sterile, and vastly different than what I am used to and I’ve got an enormous learning curve ahead of me. I have been asked by my old accounting job to continue on short term as a consultant. I loved that job, the people, how my day flowed, pretty much everything was great except pay and opportunity. Well, my old accounting job is interested in bringing me back with a yet to be determined salary, but if it’s competitive, I would consider going back.

New job pros: pay and opportunity to advance

Cons: sterile, corporate, no close friends, dull work, huge learning curve, docile working situation

Trade off for everything, but I’m leaning going back if the salary is competitive (12k-17k) less than new job. What other factors are there to consider?
This post was edited on 1/13/23 at 11:33 am
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57293 posts
Posted on 1/13/23 at 11:32 am to
Which one blows the most?

Take that one
This post was edited on 1/13/23 at 11:33 am
Posted by Swagga
504
Member since Dec 2009
16138 posts
Posted on 1/13/23 at 11:34 am to
It sounds like the only reason you took the new job was money and you were much happier at the old place.

If they give you equal money your decision is made IMO.
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 1/13/23 at 11:36 am to
17k is 50% of what? Ouch
Posted by momentoftruth87
Member since Oct 2013
71421 posts
Posted on 1/13/23 at 11:38 am to
How do you get a job for 50% more but that’s only 17k?
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 1/13/23 at 11:40 am to
Understand what your reputation is worth.

Sounds like you can frick up at your current job a couple times and nothing happens.

New job you frick up early and you are just Shamoan the frick up.
Posted by GeauxTigerTM
Member since Sep 2006
30596 posts
Posted on 1/13/23 at 11:40 am to
All comes down to what's important to you. If making the most money trumps happiness, then stay where you are. If being happy but less money s your thing, then go back.

This assumes the old job's salary is great enough for you to be happy/comfortable financially.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13856 posts
Posted on 1/13/23 at 11:40 am to
quote:

How do you get a job for 50% more but that’s only 17k?

This isn’t what he said.
Posted by McCaigBro69
TigerDroppings Premium Member
Member since Oct 2014
45086 posts
Posted on 1/13/23 at 11:42 am to
I’d kill myself if I was an accountant.
Posted by Shamoan
Member since Feb 2019
9191 posts
Posted on 1/13/23 at 11:43 am to
12-17k is the difference if the old matches the new. 97k vs 85k or 80k on the low end
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18902 posts
Posted on 1/13/23 at 11:46 am to
Never go back. Because once you do you are just a mercenary for the money. Any credit / loyalty you built through your years there is gone now. It may not seem that way to you but it does to the guy signing your check.

I had an employee who pulled the "I am leaving unless you meet this salary number" deal on me. It was pretty much the situation you are describing here. Threatened to leave my small business to move to a huge faceless corporation who could pay more. I paid him in the short term but cut him loose the day we grew enough that I could survive without him. He seemed shocked when I cut him loose and I asked how it was any different than what he did to me 18 months prior. I hired a new guy at half his salary who came from a big corporation and hated it.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50407 posts
Posted on 1/13/23 at 11:46 am to
quote:

Trade off for everything, but I’m leaning going back if the salary is competitive (12k-17k) less than new job. What other factors are there to consider?


Usually I say never take the counter-offer, but what you described doesn't seem like a counter-offer situation.

If you like the job enough to take a 20k pay cut, then you should do it.
This post was edited on 1/13/23 at 11:47 am
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124112 posts
Posted on 1/13/23 at 11:48 am to
Peace of mind is worth a lot more than some extra dollars. Stress will kill you quicker than liquor.

Posted by thegreatboudini
Member since Oct 2008
6452 posts
Posted on 1/13/23 at 11:48 am to
You searched for a new job for a reason. Big mistake going back.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13856 posts
Posted on 1/13/23 at 11:49 am to
quote:

I paid him in the short term but cut him loose the day we grew enough that I could survive without him. He seemed shocked when I cut him loose and I asked how it was any different than what he did to me 18 months prior. I hired a new guy at half his salary who came from a big corporation and hated it.

So your employee was offered a 50% raise and you paid him some money to keep him. And you rewarded that loyalty by firing him a short time later with no reason other than you felt slighted?

Sounds like the dude would have been much better off taking more money at the corporate job.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32442 posts
Posted on 1/13/23 at 11:52 am to
quote:

What other factors are there to consider?

Commute to work, hours worked, benefits, retirement planning with extra income from new job
Posted by jchamil
Member since Nov 2009
16484 posts
Posted on 1/13/23 at 11:52 am to
quote:

Never go back. Because once you do you are just a mercenary for the money


Hate to break it to you, but that is every single person who is not the owner of a company.
Posted by KamaCausey_LSU
Member since Apr 2013
14505 posts
Posted on 1/13/23 at 11:53 am to
Likely issues with the old job:

Their definition of "competitive" is probably very different than yours.

Depending on age, the opportunity to advance could be a big factor. Very likely that if you take the old job, you'll find yourself "stuck" within a few years; and start looking for a new job.

But, it sounds like you're miserable with the new job. So taking the old job isn't the worst idea.
Posted by Jim Rockford
Member since May 2011
98180 posts
Posted on 1/13/23 at 11:53 am to
You can leave Scranton, but Scranton never leaves you.
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 1/13/23 at 11:54 am to
Double ouch
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