Posted on 10/26/2005 by SouthernProgrammer2
Viewed: 424 times
Ok, I found this board and wondered if anyone could give advice. I have been working for the same company for 10 years and have a good reputation but am starting to get worried about this companys future. They are a MFG company that has plants in the SouthWest (Mexico) and are building one in China. MGMT is very cagey about the future but most people are betting that in five years they will leave the state where I work and all jobs will be in Mexico.
Right now I am in a pretty good situation, my boss is in another state and I usually have a lot of freedom but lately have been getting A LOT of pressure to travel to the SouthWest and frankly I just can't do that and I have extremely valid reasons relating to family that I would rather not post here.
So, a few weeks ago I got a call from a large fortune 500 company that is HEADQUARTERED in my home state and city (15 minutes from my house) and they called me in for an interview and subsequently offered me a job.
The guy was blown away by my test scores and said he thought I had a great future with the company. The problem is...the job title is the same as my current job title but...my company is paying me 9 grand more per year.
My ex-coworkers who have left the company call this "The golden glove"
I have negotiated a sign on bonus with the new company and they will pay me 100% of the range of the position but that still leaves me 9 grand short.
Positives are: NO travel, closer to home, probably a future, better 401K matching. Company will be here long term, everyone I spoke to likes it there (very low turn around)
Negatives are: Salary cut, go from 6 weeks vacation a year to three weeks (no negotiation there). Starting over in a new company.
POST A COMMENTjohn locke(10/26/2005)
Take it. You can make up the 9 grand in the next coming years (raises, bonuses, 401K). The vacation is gonna hurt a bit, but I can't imagine you'd be able to get 6 weeks anywhere you move to. Don't be swayed by that comfortable feeling you get about where you are when faced with a scary decision. The place sounds like a great move. Always trust your gut---it knows better than your brain that your suspicions are right on track about the direction of your current company and the precarious position your job is in. I say you have to strike while the iron is hot. Good luck, it sounds great! I bet over the next few years, other people at your company will follow you there.
SouthernProgrammer(10/26/2005)
> Don't be swayed by that comfortable feeling you get about where you are when faced with a scary decision > You hit that on the head! That 'comfortable' feeling keeps raising it's head but my gut tells me "Boy you better go!" I'm leaning more towards taking it but it sure is scary to make a move after 10 years. I think ultimately I have to decide where I want to be in five years...looking for a job because THIS place closed it's doors or being a five year veteran somewhere else...
Walk the Planks(10/26/2005)
I agree with John Locke. Take it. You say that you are losing nine grand a year, but there is room for growth. The 401K is better, so you are really doing yourself a favor for your future income. Look at it that way -- a sacrifice now, for a little something better then. You know what else you can do -- get out a pen and paper, or use your computer. Make lists for both companies -- the one you're at now and the one you interviewed with. Write down all of the positives and negatives about both positions and both companies that you can think of. This way then you can see everything right there in front of you to help you make your decision. Obviously, the position that offers you the most positives is the right choice and the one to go with.
RedStapler(10/27/2005)
Do the math...I'm guessing this is a couple hundred dollars short a month...(after taxes of course). I was just in your similar situation, I took the pay cut and went to a more secure position. Here is my reflection after 6 months of 'new' employment. I'm glad I jumped ship, before it sank...but in a way having a less flexible schedule for me takes away from family time. A small percentage of me wishes I had just stuck out the ship sinking...and socked away some money so I could find a new job if in fact I found myself swimming in the water. Hope that helps!
SouthernProgrammer(10/28/2005)
Whoa! I think I dodged a bullet! After sitting down with my wife and comparing benefits and pros and cons of vacation and seniority it boiled down to that I would be losing more than a mortgage payment per month (which I think we knew at the back of our mind but it still is striking to see it on paper). So, with feelings of regret I declined the new position and the manager said "Well, guess I'll be losing that position!" When I asked him to elaborate he said they were having CUTBACKS and if he did not have an offer on the table he would lose the position! WHAT? Who is to say they would not STILL have cut the position after I was hired!?!? I was so glad he said that, I think I am just going to cool my jets for a while and sock away as much $ as I can and take some course in project management or something.
john locke(10/31/2005)
Glad to hear things worked out for you. Sometimes things work themselves out on their own. Good idea about socking it away. It'll give you more freedom to move on YOUR terms.
tiredofbeingyourmomma (10/26/2005)
Hello Southern One, despite my occasionally peevish comments, I am a bit of a sentimentalist. That is my reference point, but not everyone's. I would go with whatever job places you in a position to take care of the family matter the best you can. If it's the money, you have your answer. Cautionary consideration: which decision is likely to help you sleep at night? You sound like any employer would be lucky to have you from your other posts. Good luck.
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