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Would you take this job?

Posted on 5/4/22 at 8:11 pm
Posted by Iknownothing
Winterfell
Member since Jul 2017
46 posts
Posted on 5/4/22 at 8:11 pm
A little background, I was laid off from my engineering job of almost 14 years at the end of February. Worked for a project based EPC engineering company and they have no projects on the horizon so a lot of people were let go. No hard feelings for the company (maybe for my boss who has only been there for a few years but thats another story) as they gave me a severance of about 1.7 years worth of pay.

I took a few weeks to get my head straight then started looking. Interviews with a few companies. One finally progressed to get an offer.

I got an offer today of $30,000 less than I was making at my former employer ($145,000 to $115,000). Was willing to take less for a new job but was hoping it wasn’t this much of a cut. Would also be paying more for insurance than I was before so take home would be even less.

I have insurance paid by my old company until about the middle of May until I have to go on COBRA or find through the marketplace.

Have until Monday to accept but I was going to go back and ask if they can bump it up to 125 to 130.

My wife thinks I should tell them no but I am just thinking to take it and still look around. Really thinking just for getting insurance for my family. And having money coming in at least. They will evaluate in 6 months and may bump up but not sure how long before I get back to what I was making.

TLDR: Laid off in February and got offered job today for $30,000 less than I was making at old job.

Sorry for such the long post.
Posted by SouthMSReb
Member since Dec 2013
4407 posts
Posted on 5/4/22 at 8:13 pm to
Go back to them and tell them you were making $150k at your last job.

Fall back to $130k if you need and accept it like you’re doing them a favor.
Posted by hubreb
Member since Nov 2008
1843 posts
Posted on 5/4/22 at 8:13 pm to
This is probably fake, if not take it and keep looking
Posted by Odysseus32
Member since Dec 2009
7294 posts
Posted on 5/4/22 at 8:13 pm to
Take some more time.

When asked about the gap say you spent time with family, and that you've been turning down offers until you felt like you were ready to go back to work.

Talk about how you were able to really get the most out of time off.

Keep looking.
Posted by Wolfmanjack
Member since Jun 2017
1016 posts
Posted on 5/4/22 at 8:14 pm to
Tell them you want more money, employees are hard to find right now!
Posted by LSUBogeyMan
Member since Oct 2021
1181 posts
Posted on 5/4/22 at 8:14 pm to
Be honest. Tell them how much you made before and would like to be closer to that.
Posted by Gaston
Dirty Coast
Member since Aug 2008
38903 posts
Posted on 5/4/22 at 8:15 pm to
Don’t have much of choice. Take it or be prepared to move.
Posted by Wolfhound45
Hanging with Chicken in Lurkistan
Member since Nov 2009
120000 posts
Posted on 5/4/22 at 8:15 pm to
quote:

Iknownothing
I feel like you know nothing.

Keep looking.
Posted by lsuson
Metairie
Member since Oct 2013
12090 posts
Posted on 5/4/22 at 8:16 pm to
I’d counter
Posted by NotoriousFSU
Atlanta, GA
Member since Oct 2008
10158 posts
Posted on 5/4/22 at 8:16 pm to
Turn them down. If they come back with a higher number that’s in the range you’re more comfortable with then reconsider. Don’t think you’ll get more $$$ if you’re the one that comes up with the number first. Let them sweat. Enjoy your summer baw.
Posted by pickle311
Liberty Hill TX
Member since Sep 2008
1052 posts
Posted on 5/4/22 at 8:16 pm to
Always negotiate salary, you can't do it after the fact and you end up bitter for settling for less.
That said, I'd still take the job while looking for something else if the salary isn't what you want.
Posted by Iknownothing
Winterfell
Member since Jul 2017
46 posts
Posted on 5/4/22 at 8:16 pm to
quote:

This is probably fake, if not take it and keep looking


Not fake. This I what I am thinking of doing.
Posted by Capt ST
Hotel California
Member since Aug 2011
12795 posts
Posted on 5/4/22 at 8:18 pm to
What discipline? You in BR area?
Posted by hubreb
Member since Nov 2008
1843 posts
Posted on 5/4/22 at 8:18 pm to
A employed person has more leverage, take the job and keep looking or do good at job and get a raise
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38498 posts
Posted on 5/4/22 at 8:19 pm to
The most leverage you’ll ever have when it comes to pay raises is before you are hired.

Never accept the first offer. Obviously, they’re interested and it is a two way street. They chose you as their first choice. Use that to your advantage.
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 5/4/22 at 8:20 pm to
Worley engineer
Posted by bikerack
NH
Member since Sep 2011
2126 posts
Posted on 5/4/22 at 8:21 pm to
quote:

they gave me a severance of about 1.7 years worth of pay


If you feel like you need to take the job now for insurance, you can always supplement the reduction in pay with what is left of the severance for a period of time while you keep looking.

$30K less per year is $2,500 per month.

Even if you only had 1 years worth of your severance left, you would have 58 months worth of that $2,500.
Posted by latech15
Member since Aug 2015
1167 posts
Posted on 5/4/22 at 8:21 pm to
Be honest. You want more money to make up the difference and the insurance delta. Like the other guy said, people are hard to find now. If you have that much severance, wait it out.

If you are in Louisiana, move.
Posted by highcotton2
Alabama
Member since Feb 2010
9371 posts
Posted on 5/4/22 at 8:23 pm to
If you got a severance pay of 1.7 years then just spread that over 8 years in addition to the pay of your new job. You will be bringing home the same pay you were with your old job. After 8 years I’m sure your pay will have increased to your old pay or at least found a new opportunity.
Posted by Iknownothing
Winterfell
Member since Jul 2017
46 posts
Posted on 5/4/22 at 8:25 pm to
quote:

What discipline? You in BR area?


I have a mechanical degree and have been a piping engineer for the past 15 years or so. I’m in Houston.
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