Would high employee turnover turn you off?
Would high employee turnover turn you off?
Author
Discussion

AceOfHearts

Original Poster:

5,953 posts

220 months

Friday 29th January 2016
quotequote all
Basically I have applied for a dream job at a small company and potential 50% pay cut. I went for an interview and trial today which I feel went well, and I will be going back next week for a second day to see how I get on. Overall I am feeling hopeful, but it was mentioned that they have had a high employee turnover over the last few years which ring alarm bells with me.

I am currently at a large company which I have worked at since school (over 8 years). It is a good job with lots of benefits and is very stable, but has moved away from what I first enjoyed about it over the last year or so and the corporate BS is getting me down. I can't move any higher in my current job without going into management which I am not really interested in.

Thoughts?

davepoth

29,395 posts

228 months

Friday 29th January 2016
quotequote all
Small company and high turnover. The sole owner runs the place, and one of the staff members who hasn't left is his son/daughter/wife/husband by any chance?


limpsfield

6,660 posts

282 months

Friday 29th January 2016
quotequote all
You sound bored at your current place and excited about the new one.

Do it.

If it doesn't work out, get another job.

I don't see it as any more complicated than that, and hope it turns out to be the right thing for you.

Jim the Sunderer

3,261 posts

211 months

Friday 29th January 2016
quotequote all
50% pay cut?!

Can't you go part time at your current job and take up fishing?

limpsfield

6,660 posts

282 months

Friday 29th January 2016
quotequote all
I have made a couple of moves that I really wanted to for around 30% pay cuts in the past. 50% is a fair old chunk but, again, if you really want to do it...

AceOfHearts

Original Poster:

5,953 posts

220 months

Friday 29th January 2016
quotequote all
davepoth said:
Small company and high turnover. The sole owner runs the place, and one of the staff members who hasn't left is his son/daughter/wife/husband by any chance?
There are about 5 people there that have been 5+ years. There are about 20 staff overall, and 20 others have come and gone in around 5 years.

AceOfHearts

Original Poster:

5,953 posts

220 months

Friday 29th January 2016
quotequote all
Jim the Sunderer said:
50% pay cut?!

Can't you go part time at your current job and take up fishing?
I would love that but I currently work shift (people have to be there 24/7) so it wouldn't work frown

And yes the pay cut will take a lot of thinking over, but take home will only be affected around 30% as I currently sacrifice a lot of my salary into shares and pension schemes

limpsfield said:
You sound bored at your current place and excited about the new one.

Do it.

If it doesn't work out, get another job.

I don't see it as any more complicated than that, and hope it turns out to be the right thing for you.
Yes I see that point. I don't want to stay in this job for the rest of my life because it is the easy decision. I want to look back when I am older and think I have had an interesting work life smile


Edited by AceOfHearts on Friday 29th January 22:54

dai1983

3,186 posts

178 months

Saturday 30th January 2016
quotequote all
davepoth said:
Small company and high turnover. The sole owner runs the place, and one of the staff members who hasn't left is his son/daughter/wife/husband by any chance?
Could also be that the sole owner is a and his upper management pander to his stupid ideas/emotional outbursts/ego?

My Mrs works mid level at a place like that and having worked for mulinational companies she can't believe haw things are run there. If there was anyone else in the local area that gave similar salaries she would be long gone and a few more with her.

johnwilliams77

8,308 posts

132 months

Saturday 30th January 2016
quotequote all
Upto you but I once went to small company for a big pay rise. You are much more visible and usually have to work harder than a huge company. Also less room to move in a tiny company, which can be great if you have a great time, but if you don't, or you agree with the MD on somethings, you're stuck.

Jasandjules

72,570 posts

258 months

Saturday 30th January 2016
quotequote all
I would certainly think long and hard about a 50% pay cut AND a company with fast turnover...

Vaud

59,269 posts

184 months

Saturday 30th January 2016
quotequote all
Jasandjules said:
I would certainly think long and hard about a 50% pay cut AND a company with fast turnover...
OP - you are insane.

Management isn't all bad wink

Engineer1

10,486 posts

238 months

Saturday 30th January 2016
quotequote all
Where i am working had high staff turn over, 2 people have been sacked this year already, 4 or 5 left between November and Christmas. The company has grown and become more corporate.

cat with a hat

1,488 posts

147 months

Sunday 31st January 2016
quotequote all
50% pay cut and a risk in a small company doesn't sound that great to me..

docter fox

594 posts

264 months

Sunday 31st January 2016
quotequote all
If they do offer you the job and you still haven't made your mind up about it either way, I'd say that I'd love to take the job but it's too much of a pay cut and unfortunately you won't be able to make it work with your home situation unless they can come closer to your current pay? Might help your decision if the pay gap was closer... Important to only do this once they've decided it's you that they want, if you try this earlier, they may just not consider you.

Spiffing

1,855 posts

239 months

Sunday 31st January 2016
quotequote all
I'm currently working at a small company after working at large ones previously. Never again! Worked to the bone, they make it difficulty to take lunch breaks, no rating at desks, no talking (even when it is about work!) And ask chassis have to be left at a certain height, ticket under desk and at a certain angle.

It's brought on anxiety attacks and I'm considering handing in my notice, even though I haven't got another job to go on to...

johnwilliams77

8,308 posts

132 months

Sunday 31st January 2016
quotequote all
Spiffing said:
I'm currently working at a small company after working at large ones previously. Never again! Worked to the bone, they make it difficulty to take lunch breaks, no rating at desks, no talking (even when it is about work!) And ask chassis have to be left at a certain height, ticket under desk and at a certain angle.

It's brought on anxiety attacks and I'm considering handing in my notice, even though I haven't got another job to go on to...
That was my experience. Terrible if you don't get on really well with the MD's or if profit takes a hit and everyone gets a bit stressed. In a big company or medium sized company, you can just change departments and usually don't have such a concern of the company going under for example.

V8A*ndy

3,697 posts

220 months

Sunday 31st January 2016
quotequote all
AceOfHearts said:
There are about 20 staff overall, and 20 others have come and gone in around 5 years.
For more pay wink

AceOfHearts

Original Poster:

5,953 posts

220 months

Sunday 31st January 2016
quotequote all
Thanks again for the opinions guys I have a lot of thinking to do. I have a couple more trial days at the place in question first to see how i get on there. I doubt the turnover has been pay related as it seems good for the type of business.

In case it makes any odds the change would be from pharma production lines to restoring vintage cars

anonymous-user

83 months

Sunday 31st January 2016
quotequote all
Restoring vintage cars might be your dream hobby you would like to be paid for. Do you really want to do that kind of work, day in, day out, for half your current pay with very little job security compared to your current employment?

Audidodat

182 posts

128 months

Monday 1st February 2016
quotequote all
It would ring alarm bells with me. Until recently I worked for an expanding firm with around 35 employees. In the 6 months I worked there, around half the workforce left, the vast majority voluntarily. In that period the company spent circa £70,000 on recruitment fees.

The issue was a megalomaniac manager put in place to run the company by two naive owners. He couldn't help but micromanage and interfere with everybody's job, down to the smallest detail. Every person who left was seemingly 'an idiot' who it was claimed wouldn't be missed. Morale is monumentally low on the shop floor.

If at all possible I'd try and track down some employees (maybe by Linkedin) who left in the recent past and ask them what the culture/atmosphere is like.