Help me decide

Author
Discussion

mickyc79

Original Poster:

601 posts

108 months

Monday 16th October 2017
quotequote all
Need help deciding whether to take new job offer or not....

Recently had a meeting with my current boss as ive not been particularly happy at work, had already applied for a different job that i was very excited about getting...In my meeting i discussed how i felt there was no room for progression and that i felt i was worth more than i was being paid.

Long story short, meeting ended with me getting a 10% rise and opportunity to run a side of the business whatever way i choose and to try and develop this side of the business. Both good outcomes for me that i was happy with.

I already had the interview lined up with the new job and went anyway. I got offered the job now don't know what to do. If it was before my meeting i would have taken it in a heartbeat, but now i'm not so sure.

I've been at my current company 7 years. Its been a great company to work for and being small, family run, have been really good with me in terms of flexibility with home life etc.
Also being a small family run company though, i only get statutory sick pay if i was to take ill and no health cover etc.

The new company is a multi national with great benefits, salary is only about 2% more than what i've been put onto, but commute is double current, so fuel costs would swallow that.

So, salary are equal, but feel the possibility for progression and personal development would be greater in the new role, although they are not as limited as i thought in my current role.

Do i take the leap out of my comfort zone? will i like working with the new colleagues (the current ones feel like family)? Will the commute drain me (currently 15-20mins from work, new job would be 40mins so not a huge length of time).

I feel like i should test myself and move to the new job, if it was for an extra 15-20% salary then i would have moved, but now its not so different and i've been reassured of my value here and given a new project to keep me interested.



StuTheGrouch

5,732 posts

162 months

Monday 16th October 2017
quotequote all
Sounds like some of the reasons for leaving have been removed. If you hadn't been offered another job, would you have been happy to carry on with your existing employer?

Personally, I would want to give it time to see how your new responsibilities go and if you can grow the business as hoped. If you succeed with that then you will have more experience to add to the CV and move on to even better jobs. Or revisit the pay rise discussion....

anothernameitist

1,500 posts

135 months

Monday 16th October 2017
quotequote all
Stay if you need the money worklife balance etc

Go if you are a risk taker

mickyc79

Original Poster:

601 posts

108 months

Monday 16th October 2017
quotequote all
If the new job wasn't there, i would be happy to carry on, and i get what you're saying about giving it some time.

My only worry though is that if i reject the new job, but would like to work for them again in the future, would they hold it against me?

Would it be wise to revisit the salary thing again and tell them i've been offered a new job? Wouldn't want to destroy any trust as the salary rise was based on my loyalty as much as anything else...

rog007

5,759 posts

224 months

Monday 16th October 2017
quotequote all
Rule of thumb, assuming no other complicating factors; don’t move for anything less than a 20% improvement in total package. This compensates for the inherent risks that a move brings.

Other factors; are you ambitious (and thus a risk taker (as mentioned above)) or are you not so ambitious. If the former; renegotiate the package for the new job and move. If not so ambitious; stick!

Good luck!

Royce44

394 posts

113 months

Tuesday 17th October 2017
quotequote all
I think staying is a better move.

Edited by Royce44 on Tuesday 17th October 06:55

mickyc79

Original Poster:

601 posts

108 months

Tuesday 17th October 2017
quotequote all
Thanks for the advice, i've to make a decision today and still don't know what to do....

New job: Pro's - better benefits, learning new skills, more avenues for progression, low attrition rate at company(openings are very rare)
Cons - further to travel, new colleagues (i'm a 38yr old grumpy old man), uncertainty about new employers i.e. flexibility, pressure etc.

current Job: pro's - close to home, staff all like family, very flexible, freedom to work how i please, in my comfort zone (is this actually a con?), important member of staff, appreciated and made to feel it (lately).
Cons - no sick pay if i got really ill (only statutory), in my comfort zone, less opportunity to learn new skills, can get lazy as no targets or pressure.

Think i'm going to have to either be brave and make the jump or sit tight and take the easy choice and stay where i am.

Another thing on my mind, which maybe i shouldn't let hold me back, is that the only other person doing my job left last month. I've been picking up on all their work and if leave it would leave the company in the st....I would feel really guilty about this, as they have been really good to me over the years.

ChrisNic

592 posts

146 months

Tuesday 17th October 2017
quotequote all
I’m my humble opinion you need to consider whether you live to work or work to live?

If you were made redundant from your current role how much of a pay cut would you stomach to retain the conditions that your current job/company provide if you didn’t have a job to walk into?

RizzoTheRat

25,155 posts

192 months

Tuesday 17th October 2017
quotequote all
Sick pay issue can easily be covered with insurance, worth taking a look at how expensive it would be to give yourself a similar level of long term sick cover.

Having gone from civil service to a multinational to a small company, I'd have to say there are a lot of benefits to working for a small firm, much more flexible when you can go and have chat with the boss rather than having to conform to corporate rules that were written for people working in a completely different field.

At the end of the day what work/life balance do you want?

Shenanigans

2,964 posts

189 months

Wednesday 18th October 2017
quotequote all
This is the exact same situation I'm in...

Small family business (no more than 5 people)
Get on with everyone at work really well.
Not too stressed and can work at a comfy pace without having someone looking over my shoulder.
Was feeling a bit under appreciated due to the fact the extra hours I've worked and other roles I've helped play within business.
Been offered a number of jobs elsewhere with better pay and benefits, along with a friend who has offered me a job to work along side him.
Due a pay review soon.

Half of me wants to try out a challenge somewhere else along with better pay...other part is comfy where I'am and deal with the less pay and the fact there will be no job progression. (Only myself and one other in same role who is also the director)

I would sit down and have a good think about it again. It's all good asking other peoples opinions but ultimately it's down to you.

Goodluck

mickyc79

Original Poster:

601 posts

108 months

Wednesday 18th October 2017
quotequote all
Shenanigans said:
This is the exact same situation I'm in...

Small family business (no more than 5 people)
Get on with everyone at work really well.
Not too stressed and can work at a comfy pace without having someone looking over my shoulder.
Was feeling a bit under appreciated due to the fact the extra hours I've worked and other roles I've helped play within business.
Been offered a number of jobs elsewhere with better pay and benefits, along with a friend who has offered me a job to work along side him.
Due a pay review soon.

Half of me wants to try out a challenge somewhere else along with better pay...other part is comfy where I'am and deal with the less pay and the fact there will be no job progression. (Only myself and one other in same role who is also the director)

I would sit down and have a good think about it again. It's all good asking other peoples opinions but ultimately it's down to you.

Goodluck
It is a tough one...all the advice on here is helpful and has made me think about work life balance. I currently have a great work life balance, that no doubt would be affected with a switch, but the switch could (possibly) long term yield more money and opportunities but i would have to work for them. At the moment, that's not the case...i am working, but not as hard as i could be.

That could be because i've mentally checked out already and finding it hard to motivate myself.

Do i want an easy life, or do i really want to work longer hours, working myself harder for a small uplift initially, but probably more chance of progression?

Dont think i can keep them hanging on much longer, so will have to make a call very soon (most likely today).

Good luck with your own decision.

TLandCruiser

2,788 posts

198 months

Thursday 19th October 2017
quotequote all
I would stay because you will be doubling your commute, but only increasing your salary by 2% higher than the pay rise, then factor in the increased commuting costs and travel time. You have excellent career progression in your current role by trying to develop a section of the business, of your choice. Flexibility and good work/life balance is so important.






Edited by TLandCruiser on Thursday 19th October 15:45


Edited by TLandCruiser on Thursday 19th October 15:48

mickyc79

Original Poster:

601 posts

108 months

Thursday 19th October 2017
quotequote all
[quote=TLandCruiser]I would stay because you will be doubling your commute, but only increasing your salary by 2% higher than the pay rise, then factor in the increased commuting costs and travel time. You have excellent career progression in your current role by trying to develop a section of the business, of your choice. Flexibility and good work/life balance is so important.


I've made the decision to stay based on family/work/life balance.
New job would have been 7-4 or 8-5, whereas i'm 9-5 at the moment...being only 15mins from work means i can sometimes take my kids to school or nursery and see them every morning before i leave.

If i take the new job i will have to leave before anyone in the house is up and could be almost my youngest ones bedtime when i get home...I know in my current place i will be able to come in late on the morning of her first day at school for example. I couldn't be guaranteed that at the new place.

I've been told there is no limit to salary (within reason) at my current role, and haven't failed to get a pay rise or bonus in 7 years. It all depends on me and how far i want to go.

I'm going to stick in, for a while at least and see how the new business development goes and really give it a go...think i was having a 7 year itch.

Just the process of going for the interviews, and being offered a new job, at a relevant step up and at a major player in my field has given me a bigger sense of worth and feel it'll drive me on in my current job. If i still feel fed up in a year or so, i should have no problems finding something else.


elanfan

5,520 posts

227 months

Friday 20th October 2017
quotequote all
As the current firm are family run and feel like family could you not try to influence the business to provide better terms for all the staff as that would be motivating and probably make more money than it costs. Can you raise the subject of earning some equity in the business, it would motivate and drive you forward and even though the owners might have less of a share their share would end up being worth more.

sdyson31

156 posts

125 months

Wednesday 25th October 2017
quotequote all
I think you have made a right decision.

Trust me, working with people you like and short commute worth alot more than 10 or 20%. It would be good to give few more months and see how things are in your current role. If you have got the right skills then you can always find another job later on.

Only look at benefits or perk if you are really going to use them. Money and all other perks sometimes do come into making final deciion but your work and what you do on daily basis matters most.