Take new job or not?
Discussion
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!
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 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.
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.
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. 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.
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.
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.
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.
Gassing Station | Jobs & Employment Matters | Top of Page | What's New | My Stuff