I require some impartial career advice...
Discussion
OP - the key here is working out what is important to you: is it safety of both salary and job.... or being ambitious and wanting to push yourself?
Also you need to take a look at the 2 sectors: Cruise liners - what future do they offer? Are you tax free on board etc? Are you happy with the fairly well planned schedule?
Super yachts: could you build up a network and work your way up the tree faster? Will the pay rise cover the cost of the courses you need if you have to pay for them yourself? Could you live with the uncertainty of the owner saying - in a week I want you to be in St Tropez and then changing his mind to Djibouti 2 days later?
Good luck!
Also you need to take a look at the 2 sectors: Cruise liners - what future do they offer? Are you tax free on board etc? Are you happy with the fairly well planned schedule?
Super yachts: could you build up a network and work your way up the tree faster? Will the pay rise cover the cost of the courses you need if you have to pay for them yourself? Could you live with the uncertainty of the owner saying - in a week I want you to be in St Tropez and then changing his mind to Djibouti 2 days later?
Good luck!
How likely is it that you could quickly gain meaningful employment if the s
t hits the fan, given that you would now have NEW experiences on your CV ?
I ask this because I'm a Freelance Manufacturing Engineer, and the end of a contract does not really worry me, as I seem to land on my feet pretty quickly.
t hits the fan, given that you would now have NEW experiences on your CV ? I ask this because I'm a Freelance Manufacturing Engineer, and the end of a contract does not really worry me, as I seem to land on my feet pretty quickly.
Not the same industry as you, but I went from a large company (GEC) to a smaller company and found the culture change refreshing. You will find it much easier to get things done as there will be less people in between you and the person who gets to say yes/no. As you've said there are plenty of jobs in your sector I don't see what you've got to lose - go for it 
There's an extra £16k there for a reason somewhere. That sounds like a big jump, depending on your current pay. (I.e. if you're already on £120K it's a normal bump, if you're on more like £35K it's huge.)
Not all that familiar with your industry but my perception is it's all about tickets and qualifications, so I would factor in using some of your extra cash and free time to keep these current and to upgrade them off your own back, and then see how it looks.
From my outsiders perspective the super yacht sounds like more fun, at least for a couple of years, but I imagine the bigger company offers better career advancement, and more transferable skills.
Not all that familiar with your industry but my perception is it's all about tickets and qualifications, so I would factor in using some of your extra cash and free time to keep these current and to upgrade them off your own back, and then see how it looks.
From my outsiders perspective the super yacht sounds like more fun, at least for a couple of years, but I imagine the bigger company offers better career advancement, and more transferable skills.
You've already said that your current company recruits from outside so if the new offer was to turn sour you know there are going to be jobs elsewhere to fall back on.
The new job does sound exciting, you know there will be someone there that you already know and trusts you so that takes a lot of pressure away and they do say that you should regret the things you've done and not the things you didn't.
Life should be about adventure and not playing it safe.
Time to get your feet wet me thinks. (did ya like that)
The new job does sound exciting, you know there will be someone there that you already know and trusts you so that takes a lot of pressure away and they do say that you should regret the things you've done and not the things you didn't.
Life should be about adventure and not playing it safe.
Time to get your feet wet me thinks. (did ya like that)
Your personal situation might have a bearing on the decision: are you single or do you have wife & kids? In general you progress more quickly by moving to new companies & positions rather than than waiting for an internal promotion - as you have seen. That's true of almost any industry, not just yours.
Personally I would say go for it. You say there are plenty of jobs so you can always move back if it doesn't work out but at least you know you have tried it. Just make sure you save like mad at the start to give you a cushion if it goes a bit pear shaped.
Personally I would say go for it. You say there are plenty of jobs so you can always move back if it doesn't work out but at least you know you have tried it. Just make sure you save like mad at the start to give you a cushion if it goes a bit pear shaped.
Too late to contribute, but IMO you've made the right call. Go get the promotion. If you don't like it, move on to another big company, but at a higher rank. More often than not, you have to move companies to move up the ladder, unless the company you work for is either growing rapidly, or has issues with staff turnover.
Anyways, good luck on your shiny posh yacht =)
Anyways, good luck on your shiny posh yacht =)
Good luck with your new role.
I was a bit late responding; but rule of thumb if moving in the main for financial reasons is that a 20% increase is needed on top of current package to make a move worthwhile. Therefore the numbers you quoted would usually be best quoted as a % increase to help contextualise as another poster alluded to above.
I was a bit late responding; but rule of thumb if moving in the main for financial reasons is that a 20% increase is needed on top of current package to make a move worthwhile. Therefore the numbers you quoted would usually be best quoted as a % increase to help contextualise as another poster alluded to above.
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