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Hey everyone, I just received a job offer yesterday and was hoping you could lend some advice on how I should proceed. I'll first list my current role, salary, etc followed by the new job: Current Role Senior Systems Analyst (6 years at company, healthcare industry) Salary - 70k + 5% yearly bonus 401k - Company matches 4 of the first 6 percent Potential Role Systems Engineer (biopharma industry) Salary - 90k + 7% yearly bonus 401k - Company matches 150 percent of the first 6 percent (so if I put in 6 percent, they would put in 9) ------------------------------- The commute for both is about the same and the new job is also in a newly renovated office. I know the numbers say that it's a no-brainer, but the comfortability factor with my current job is what I mainly think about, as I've gotten very good at what I do. The new role would of course require some additional responsibilities that I would have to get up to speed on, which makes me nervous. One other potential driver is that my current company was bought out about three months ago, and although things are fine now, you never really know with acquisitions. Thanks in advance
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# ? Apr 23, 2015 17:22 |
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# ? Apr 24, 2024 02:52 |
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You would give up an effective (immediate) difference in compensation of $28,527 per year (a 37.3% raise) because you are scared of learning a new job? Not to mention the opportunity cost of future career earnings/social security income/etc that you would also be giving up.
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# ? Apr 23, 2015 17:32 |
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Getting to learn new skills is a plus, not a minus, unless you're over 60 or something. Take the job, learn new things, make more money.
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# ? Apr 23, 2015 17:34 |
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Droo posted:You would give up an effective (immediate) difference in compensation of $28,527 per year (a 37.3% raise) because you are scared of learning a new job? Honestly it's not that I'm scared of learning a new job, it's just that we all tend to "up-sell" ourselves in interviews and I'm worried that if I don't hit the ground running, I might be in trouble. That being said, I suppose it's easy enough for me to read up and fill some of the knowledge gaps between now and when I would start.
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# ? Apr 23, 2015 19:00 |
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This is how you advance today. It used to be "get promoted, get regular raises, work the same job for 40 years." Now, it's "apply someplace else, get more money." And as you point out, given the recent acquisition, it's a roll of the dice either way. I think you're nuts to stick around.
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# ? Apr 23, 2015 19:09 |
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Take the new job. Get paid.
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# ? Apr 23, 2015 19:59 |
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z335is posted:Honestly it's not that I'm scared of learning a new job, it's just that we all tend to "up-sell" ourselves in interviews and I'm worried that if I don't hit the ground running, I might be in trouble. That being said, I suppose it's easy enough for me to read up and fill some of the knowledge gaps between now and when I would start. This, plus any new company will expect that it will have to train you on its best practices and procedures.
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# ? Apr 23, 2015 20:22 |
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Last week, I started my new job. I quit last Friday. I knew it wasn't for me. At least you're not a slave, so I would probably just take the new job given the salary and additional responsibilities, and see where it goes from there. Ask yourself if this is truly the Company you want to work for and the role you want for the rest of your career. One of the things lacking in my new opportunity was the structured training program and everyone was way too busy to teach, and I decided it just wasn't right for me personally as well. I would presume in most cases someone will sit down with you to go over things and make sure you understand how to do those responsibilities so I would not worry.
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# ? Apr 23, 2015 20:41 |
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I would take that in a heartbeat. 9% employer 401k match on 90k? Are you loving kidding me? That alone would be almost worth the jump, let alone a bonus increase of several thousand and a base increase of 20k. And if you do well in this new role, you'll be able to jump again in a few years to the mid-six figures most likely.
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# ? Apr 23, 2015 20:53 |
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Op, take that job. There is zero reason not to.
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# ? Apr 24, 2015 01:01 |
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# ? Apr 24, 2024 02:52 |
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Thanks for the input guys, I'm gonna man up and go for it.
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# ? Apr 24, 2015 15:07 |