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Got a new job offer - Do I take it?
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06-30-2022, 01:25 PM
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#1
Got a new job offer - Do I take it?
Current Job:
Company Info: Better than Fortune 30. Did very well in the market during COVID, stock barely moved at all. Big corpo.
Job Info: Low-Medium responsibilities. Defer to other teams a lot. No on-call. Mostly remote, office one day a month. Work 42 hours a week minimum. Pick up extra shifts / double shifts. Work every single corporate holiday cuz it pays too well.
Compensation Info: $85k base, paid hourly. Get paid 1.5x-2.5x for overtime, depending on how much overtime or how much per day. Gross around $115k-$120k per year. 6% $1:$1 401k match.
Bonuses: Annual bonus per year around 10%. I work evening hours, which gives me 10% more per hour too. 31 days vacation per year approximately. Also some sick days.
Proposed Job:
Company Info: Better than Fortune 700. Did bad during COVID, lost like 80% on their stock price. Smaller company but decent revenue relatively.
Job Info: Low-High responsibilities. Be the one to handle more crisis' situations. On-call 2 weeks over a 6 week rotation apparently. Typical 9-5 M-F otherwise I believe. Wearing more hats than I'm used to (some engineering and networking stuff).
Compensation Info: $125k base, paid salary. No overtime pay, so don't get bonus for working on-call. Probably would gross around $140k if I had to guess? 6% $1:$1 401k match.
Bonuses: Annual bonus per year... unknown how much. 25 days vacation. I think maybe some sick days too, unsure? No sign-on bonus.
Side Note: I already tried negotiating for either a slightly higher salary, or a sign-on bonus. Pending results.
What do misc? Any thoughts?
Cliffs:
Current job, despite lower base pay $85k, has great bonuses/shift-differentials, paid by the hour, 95% remote. Find myself working 50-65 hours work weeks a lot of times, including working every single corporate holiday to reach my goal of grossing $115k-120k. No on-call.
New job, $125k base, has same 401k match and plan as current job, 100% remote. Low-high responsibilities, and requires being on-call. 5-6 less days of vacation, but would get all 8 days of holidays except maybe the fact if something happens while I'm on-call. Higher responsibilities, and wearing more hats.
Company Info: Better than Fortune 30. Did very well in the market during COVID, stock barely moved at all. Big corpo.
Job Info: Low-Medium responsibilities. Defer to other teams a lot. No on-call. Mostly remote, office one day a month. Work 42 hours a week minimum. Pick up extra shifts / double shifts. Work every single corporate holiday cuz it pays too well.
Compensation Info: $85k base, paid hourly. Get paid 1.5x-2.5x for overtime, depending on how much overtime or how much per day. Gross around $115k-$120k per year. 6% $1:$1 401k match.
Bonuses: Annual bonus per year around 10%. I work evening hours, which gives me 10% more per hour too. 31 days vacation per year approximately. Also some sick days.
Proposed Job:
Company Info: Better than Fortune 700. Did bad during COVID, lost like 80% on their stock price. Smaller company but decent revenue relatively.
Job Info: Low-High responsibilities. Be the one to handle more crisis' situations. On-call 2 weeks over a 6 week rotation apparently. Typical 9-5 M-F otherwise I believe. Wearing more hats than I'm used to (some engineering and networking stuff).
Compensation Info: $125k base, paid salary. No overtime pay, so don't get bonus for working on-call. Probably would gross around $140k if I had to guess? 6% $1:$1 401k match.
Bonuses: Annual bonus per year... unknown how much. 25 days vacation. I think maybe some sick days too, unsure? No sign-on bonus.
Side Note: I already tried negotiating for either a slightly higher salary, or a sign-on bonus. Pending results.
What do misc? Any thoughts?
Cliffs:
Current job, despite lower base pay $85k, has great bonuses/shift-differentials, paid by the hour, 95% remote. Find myself working 50-65 hours work weeks a lot of times, including working every single corporate holiday to reach my goal of grossing $115k-120k. No on-call.
New job, $125k base, has same 401k match and plan as current job, 100% remote. Low-high responsibilities, and requires being on-call. 5-6 less days of vacation, but would get all 8 days of holidays except maybe the fact if something happens while I'm on-call. Higher responsibilities, and wearing more hats.
06-30-2022, 01:41 PM
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#2
06-30-2022, 01:44 PM
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#3
06-30-2022, 01:49 PM
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#4
- ChunkBuster
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- ChunkBuster
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You will take home roughly $1k after tax a month but give up remote working?
New job doesn’t feel quite enough to give up perks.
I wouldn’t be too keen on the on-call rotation if the second job but it is more money.
Not an easy choice.
New job doesn’t feel quite enough to give up perks.
I wouldn’t be too keen on the on-call rotation if the second job but it is more money.
Not an easy choice.
06-30-2022, 01:51 PM
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#5
- SouthDakotaBrah
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- SouthDakotaBrah
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I personally would rather have a higher base and no overtime (assuming the company is not stressful). Getting paid overtime seems great (did it for nearly 6 years)... until you find your next job where you are working half the hours and still making more money without needing OT pay
Also consider future opportunities... I generally think that hopping between companies is good for long-term growth versus staying in one spot. Is Job #2 WFH or office? Absolutely hell no if it is in an office, but if WFH (and assuming its not that stressful) I think it would be a good move
Being in an office versus WFH would easily require a ~30% premium in pay to be worth it IMO (srs)
Also consider future opportunities... I generally think that hopping between companies is good for long-term growth versus staying in one spot. Is Job #2 WFH or office? Absolutely hell no if it is in an office, but if WFH (and assuming its not that stressful) I think it would be a good move
Being in an office versus WFH would easily require a ~30% premium in pay to be worth it IMO (srs)
06-30-2022, 01:52 PM
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#6
06-30-2022, 01:57 PM
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#7
- SoutheastBeast1
- Join Date: Mar 2013
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The second one.
Even if you are able to work overtime to match the pay you’re still working overtime. Roughly how much more are you working to go from your base to the 120k? I assume base for both of these is 40 hours per week. So are you working 50-55 hours a week in job number 1? If so then you actually get more time off in job 2 despite the fewer vacation days
I do like the remote aspect of 1 but I suppose it comes down to how much you’re willing to sacrifice to keep that
Even if you are able to work overtime to match the pay you’re still working overtime. Roughly how much more are you working to go from your base to the 120k? I assume base for both of these is 40 hours per week. So are you working 50-55 hours a week in job number 1? If so then you actually get more time off in job 2 despite the fewer vacation days
I do like the remote aspect of 1 but I suppose it comes down to how much you’re willing to sacrifice to keep that
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
06-30-2022, 01:57 PM
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#8
06-30-2022, 02:44 PM
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#9
Originally Posted By ChunkBuster⏩
Sorry if I was unclear. 2nd job I'd be 100% remote, technically 5% more remote than my 1st job. On-call sounds tricky.You will take home roughly $1k after tax a month but give up remote working?
New job doesn’t feel quite enough to give up perks.
I wouldn’t be too keen on the on-call rotation if the second job but it is more money.
Not an easy choice.
New job doesn’t feel quite enough to give up perks.
I wouldn’t be too keen on the on-call rotation if the second job but it is more money.
Not an easy choice.
Originally Posted By SouthDakotaBrah⏩
Job #2 is fully remote 100%. Thanks for feedback. I agree with your 30% assertion for office work.I personally would rather have a higher base and no overtime (assuming the company is not stressful). Getting paid overtime seems great (did it for nearly 6 years)... until you find your next job where you are working half the hours and still making more money without needing OT pay
Also consider future opportunities... I generally think that hopping between companies is good for long-term growth versus staying in one spot. Is Job #2 WFH or office? Absolutely hell no if it is in an office, but if WFH (and assuming its not that stressful) I think it would be a good move
Being in an office versus WFH would easily require a ~30% premium in pay to be worth it IMO (srs)
Also consider future opportunities... I generally think that hopping between companies is good for long-term growth versus staying in one spot. Is Job #2 WFH or office? Absolutely hell no if it is in an office, but if WFH (and assuming its not that stressful) I think it would be a good move
Being in an office versus WFH would easily require a ~30% premium in pay to be worth it IMO (srs)
Originally Posted By SoutheastBeast1⏩
Job 1 has me working 42 hours minimum. But I find myself grabbing every corporate holiday for the massive bonus it gives, as well as grabbing anywhere from 2-5 extra 8-hour shifts per month to make that $115k-120k gross per year.The second one.
Even if you are able to work overtime to match the pay you’re still working overtime. Roughly how much more are you working to go from your base to the 120k? I assume base for both of these is 40 hours per week. So are you working 50-55 hours a week in job number 1? If so then you actually get more time off in job 2 despite the fewer vacation days
I do like the remote aspect of 1 but I suppose it comes down to how much you’re willing to sacrifice to keep that
Even if you are able to work overtime to match the pay you’re still working overtime. Roughly how much more are you working to go from your base to the 120k? I assume base for both of these is 40 hours per week. So are you working 50-55 hours a week in job number 1? If so then you actually get more time off in job 2 despite the fewer vacation days
I do like the remote aspect of 1 but I suppose it comes down to how much you’re willing to sacrifice to keep that
Originally Posted By thatsnarf⏩
why not do both?
wish I could. If either found out I'd be in big trouble! Non-compete and stuff.
06-30-2022, 03:09 PM
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#10
- DeadlyStriker
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- DeadlyStriker
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2nd no doubt. Better package overall. A better base package is more desirable than not. The downsides aren't enough to make me not choose it.
Plus the job market is now completely different. Take more responsibility, start diversifying your skillset and knowledge a bit in your industry, and keep yourself malleable. This will help a lot for future positions.
Plus OP it's time to move on. I'm in the same boat. Comfort is a killer and sometimes you have to go and stretch your wings a bit and try new things. You'll meet new people and connections, you'll grow as a person/worker, and it could be more enjoyable.
This is all my opinion of course, but if it were me, I would take it.
Plus the job market is now completely different. Take more responsibility, start diversifying your skillset and knowledge a bit in your industry, and keep yourself malleable. This will help a lot for future positions.
Plus OP it's time to move on. I'm in the same boat. Comfort is a killer and sometimes you have to go and stretch your wings a bit and try new things. You'll meet new people and connections, you'll grow as a person/worker, and it could be more enjoyable.
This is all my opinion of course, but if it were me, I would take it.
06-30-2022, 04:57 PM
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#11
- crupiea
- Lifetime Member
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- crupiea
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- Join Date: Aug 2006
- Location: San Diego, California, United States
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#1.
Regular hours and always potential for overtime.
#2- no overtime pay means they plan on treating you like a slave and working you long extra hours. There has never been a job where they did that and expect less hours. The being on call is a tough one too. Everything everyone else will be dropped into your lap, take all night to fix and you will get nothing for doing it.
Plus it sounds like a struggling place so they will go out of buisness and leave you with no paycheck at all. Potential for that anyway if they already lost 80% of their value. You will get paid more as you will know your overtime and such and know what your schedule is like with #1.
Regular hours and always potential for overtime.
#2- no overtime pay means they plan on treating you like a slave and working you long extra hours. There has never been a job where they did that and expect less hours. The being on call is a tough one too. Everything everyone else will be dropped into your lap, take all night to fix and you will get nothing for doing it.
Plus it sounds like a struggling place so they will go out of buisness and leave you with no paycheck at all. Potential for that anyway if they already lost 80% of their value. You will get paid more as you will know your overtime and such and know what your schedule is like with #1.
"To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
06-30-2022, 07:52 PM
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#12
Originally Posted By DeadlyStriker⏩
I should've mentioned I've been at the current job for over 3 years now. Getting bored. Plays into your 3rd paragraph. But yeah sounds to me like it's gonna elevate my gross to the upper $130's or lower $140's while potentially being less overtime over all. Unpredictable though. Still don't really even know the schedule tbh. Thanks for your feedback.2nd no doubt. Better package overall. A better base package is more desirable than not. The downsides aren't enough to make me not choose it.
Plus the job market is now completely different. Take more responsibility, start diversifying your skillset and knowledge a bit in your industry, and keep yourself malleable. This will help a lot for future positions.
Plus OP it's time to move on. I'm in the same boat. Comfort is a killer and sometimes you have to go and stretch your wings a bit and try new things. You'll meet new people and connections, you'll grow as a person/worker, and it could be more enjoyable.
This is all my opinion of course, but if it were me, I would take it.
Plus the job market is now completely different. Take more responsibility, start diversifying your skillset and knowledge a bit in your industry, and keep yourself malleable. This will help a lot for future positions.
Plus OP it's time to move on. I'm in the same boat. Comfort is a killer and sometimes you have to go and stretch your wings a bit and try new things. You'll meet new people and connections, you'll grow as a person/worker, and it could be more enjoyable.
This is all my opinion of course, but if it were me, I would take it.
Originally Posted By crupiea⏩
Very true. Regular hours and always potential for overtime. I have no clue how much overtime I'd get, especially due to on-call, for #2. They were negatively impacted by COVID due to being somewhat related to the travel industry. If travel goes back up, so will they, basically.#1.
Regular hours and always potential for overtime.
#2- no overtime pay means they plan on treating you like a slave and working you long extra hours. There has never been a job where they did that and expect less hours. The being on call is a tough one too. Everything everyone else will be dropped into your lap, take all night to fix and you will get nothing for doing it.
Plus it sounds like a struggling place so they will go out of buisness and leave you with no paycheck at all. Potential for that anyway if they already lost 80% of their value. You will get paid more as you will know your overtime and such and know what your schedule is like with #1.
Regular hours and always potential for overtime.
#2- no overtime pay means they plan on treating you like a slave and working you long extra hours. There has never been a job where they did that and expect less hours. The being on call is a tough one too. Everything everyone else will be dropped into your lap, take all night to fix and you will get nothing for doing it.
Plus it sounds like a struggling place so they will go out of buisness and leave you with no paycheck at all. Potential for that anyway if they already lost 80% of their value. You will get paid more as you will know your overtime and such and know what your schedule is like with #1.
06-30-2022, 08:41 PM
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#13
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