Take new job or not?

Author
Discussion

covmutley

Original Poster:

3,022 posts

190 months

Saturday 6th January 2018
quotequote all
I have been offered a new job but confused on whether to take it.

New job is £6k more but this extra would be at 40% tax, which takes the shine off somewhat.(I only just creep into 40% rate currently).
Commute would drop from hour each way to 20 mins, although likely to be some more business miles involved.

Existing job is good and I don't want to leave. New job is a slightly different role. It is something I have always fancied doing, and I think this particular company is a good opportunity. I will also learn new skills. but being a change, there is some risk.

Any thoughts? I am tempted, but it is a big step!

rog007

5,759 posts

224 months

Saturday 6th January 2018
quotequote all
To help advise, we’d need a bigger data set:

What’s your attitude to risk?
What are your longer term goals?
Have you done your due diligence on the new hiring manager and the wider organisation?
Does it feel right to you?
Why did you apply for the new role?
What’s the total remuneration package on top of base salary?

And other such insights.


DanL

6,204 posts

265 months

Saturday 6th January 2018
quotequote all
covmutley said:
New job is £6k more but this extra would be at 40% tax, which takes the shine off somewhat.(I only just creep into 40% rate currently).
Why does this take the shine off it? You’d still be taking home around £300 more a month after tax...

covmutley

Original Poster:

3,022 posts

190 months

Saturday 6th January 2018
quotequote all
rog007 said:
To help advise, we’d need a bigger data set:

What’s your attitude to risk? With kids mortgage and a bad previous employer I am cautious
What are your longer term goals? The new role pretty much!
Have you done your due diligence on the new hiring manager and the wider organisation?
Does it feel right to you? Company good I think. Not sure on manager- he seemed nice and friendly and we got chatting about motorsport etc
Why did you apply for the new role? As above it is a role I want to try at least at some point.
What’s the total remuneration package on top of base salary? Includes car allowance. I don't actually know about pension or holidays yet tbh- still waiting for offer letter.

And other such insights.

covmutley

Original Poster:

3,022 posts

190 months

Saturday 6th January 2018
quotequote all
DanL said:
Why does this take the shine off it? You’d still be taking home around £300 more a month after tax...
Bit less after NI I think, but I take your point. Just wish it was closer to £500! Without wanting to look at a gift horse in the mouth, the extra £200 will help of course, but won't exactly be life changing, especially if the job does not work out for some reason.

craigjm

17,940 posts

200 months

Saturday 6th January 2018
quotequote all
If you didn’t take it and 2018 was the same for you work wise as 2017 and this time next year you visited this thread would you think

A) what if?
B) I’m glad I stayed where I am

If it is any hint of A then you should take it

Brainpox

4,055 posts

151 months

Saturday 6th January 2018
quotequote all
covmutley said:
Bit less after NI I think, but I take your point. Just wish it was closer to £500! Without wanting to look at a gift horse in the mouth, the extra £200 will help of course, but won't exactly be life changing, especially if the job does not work out for some reason.
Surely the 1hr 20mins you save on commuting is worth something? Time with family/time not spent burning petrol.

GT03ROB

13,262 posts

221 months

Saturday 6th January 2018
quotequote all
More money, shorter commute, role is what you want to do.......

..... I think the choice is made.

MissChief

7,101 posts

168 months

Saturday 6th January 2018
quotequote all
Take the job. Lesser commute, more money, what's the issue?

F1 NDW

1,116 posts

146 months

Saturday 6th January 2018
quotequote all
I've always taken the risk and gone for the better job. Sometimes things didnt work out quite the way envisioned but I dealt with that.
I wouldnt now be driving an Aston if i hadnt had the guts to try!

craigjm

17,940 posts

200 months

Saturday 6th January 2018
quotequote all
MissChief said:
Take the job. Lesser commute, more money, what's the issue?
Scared of change

Sir Bagalot

6,476 posts

181 months

Saturday 6th January 2018
quotequote all
covmutley said:
I have been offered a new job but confused on whether to take it.

New job is £6k more but this extra would be at 40% tax, which takes the shine off somewhat.(I only just creep into 40% rate currently).
Commute would drop from hour each way to 20 mins, although likely to be some more business miles involved.

Existing job is good and I don't want to leave. New job is a slightly different role. It is something I have always fancied doing, and I think this particular company is a good opportunity. I will also learn new skills. but being a change, there is some risk.

Any thoughts? I am tempted, but it is a big step!
So to summerise

£300 pm more
Commute drops from 2 hours each day to 40 mins
New role you always fancied doing
Good company
Learn new skills

WTF are you doing even still thinking about it? BTW with kids Point 2 would be enough for me

Antony Moxey

8,048 posts

219 months

Sunday 7th January 2018
quotequote all
Why did you apply for a new job if you don’t want it? Surely you must have had a pretty good idea about all the points you raised in your OP before you went to the interview? Perhaps it’s just cold feet and scared of change now it’s come down to actually accepting the job or not?

covmutley

Original Poster:

3,022 posts

190 months

Sunday 7th January 2018
quotequote all
Yes it is absolutely just cold feet, and second guessing that it really is what I want .

I appreciate the points of view made by all, it has helped me balance all the factors. I am now 95% sure I'm going to go for it!

I think reducing the commute will probably be better than I even imagine it to be, especially as I have to drive right past the new job for a further 40 mins to my current job. I would probably drive past, think 'what if' and then hate the next 40 mins.

A change of direction does carry risks, but I have made it very clear to them where I don't have the skills necessary and they are happy with this and willing to train me up, and there are already other people doing the same role to learn from and help out whilst I learn the ropes. So this mitigates the risk I think.

It is also what I said I wanted to do in the future - I perhaps thought it may have been a further 5 years down the line, but it does seem a great opportunity.

bad company

18,545 posts

266 months

Sunday 7th January 2018
quotequote all
I owned and managed a recruitment agency for many years.

We had lots of instances like this. Send someone on interview for the job they really want, the offer comes in with more money, less travel, better prospects everything. Then the candidate finds reasons not to take the new job when the real reason is that they don’t want to leave their comfort zone. Cold feet.

In almost all cases the candidate later regretted letting the opportunity go.

mattwade24

66 posts

81 months

Monday 8th January 2018
quotequote all
Everything seems to stack up, I'd go for it!

I know getting a new job and change can be daunting, but they wouldn't of offered you the job if they didn't think you were up to it!

Good luck!

mattfuey

442 posts

138 months

Monday 8th January 2018
quotequote all
I had a similar situation a couple of years ago. Offered the job etc.

Said no at the time because I was too comfortable where I was even though I wanted to leave.

Ended up being made redundant 4 months later, and luckily was still able to get the job I should have taken the first time round.

At the end of the day, you don't apply for a job unless you like the sound of it in the first place so why not take the leap?

HappyMidget

6,788 posts

115 months

Monday 8th January 2018
quotequote all
I have just taken a very similar move in jobs. For me, the killer is the current commute. Took 1h30 this morning to get from Reading to Heathrow due to some fktards playing bumper cars on the M4. I cannot wait to move to the new job and only have to go to Bracknell. Only 3 weeks to go though. Slightly bricking it in relation to the new role as it is going to be a massive challenge with lots to learn, but is the best thing for me to do career wise. All I can say is go for it.

covmutley

Original Poster:

3,022 posts

190 months

Monday 8th January 2018
quotequote all
Offer accepted! *hit just got real!

Will have to tell the boss tomorrow. Not particularly looking forward to that.

The 'what if' was too big, plus, due to the nature of my current role and geographical market , I think it is probably a case of move now, or be stuck with the long commute forever.

Thanks again for the pointers.


bad company

18,545 posts

266 months

Monday 8th January 2018
quotequote all
covmutley said:
Offer accepted! *hit just got real!

Will have to tell the boss tomorrow. Not particularly looking forward to that.

The 'what if' was too big, plus, due to the nature of my current role and geographical market , I think it is probably a case of move now, or be stuck with the long commute forever.

Thanks again for the pointers.
Well done that man. clap