New job - taking a risk

[AyBee]

For a bit of background - I'm late 20s, no house and no wife/dependents and work in finance:

I'm not happy in my current job due to the sh*t work I get passed to me (although I enjoy the social aspect of my current job with some colleagues, some of the people I work with directly are becoming unbareable and there is very little scope for taking on more responsibility/career progression). I've just had an interview elsewhere - an established name but not in the field I work in so they're setting up a new team which is currently very small and will involve a lot of setting up processes to start with and right now, I think the returns they are targetting are not going to be easy to achieve. I therefore perceive the possible new place to be a bit of a risk (my current job is fairly stable). I like the idea of a challenge and will not move unless the pay rise is satisfactory, however, there's a possibility I could end up at a new job, not being active in the market and getting very bored in a year or so if they are unable to get themselves into the market successfully.

I assume others will have been in my situation, if so, what did you do?

[AyBee]

okgo said:

Joey Ramone said:

Move. If it goes tits up, move again.

^

Take the payrise, if you're going to add value to your CV do it, if its st, leave 2 years later

This is my conundrum - the place I'm at right now is very active in the market so whilst I don't enjoy the role, it's a good name to have on the CV. 1 or 2 years doing very little will harm my CV, no? Although I suppose if it's just the one year, it probably won't harm it too much...

[AyBee]

The Beaver King said:

Just be aware; while taking risks can get you pushed up the ladder, failing can stop it dead.

This was my point really - I could go, get the pay rise, help set it up, put all the procedures into place and be very active. Or I could go, get the pay rise, help set it up, put all the procedures into place and that's it.