Short term benefits v long term

1122ww

Hi,

I have work dilemma

A) I stay in my current permanent job and take my company's counter offer of higher salary to stay. I'm well established and respected in my role and have a strong proven track record with the company.

Take the other job offer (temporary job) with a significantly reduced salary for a few years, but in a few years time (3-5years) a higher level of job/posts could be open to me in this area and I would have higher salary then. I would have the work experience in this area on my cv and would hopefully have proven myself to the company to be considered for these higher up jobs to progress.

In mind it feels like a question of short term benefits v long term benefits...

bilbot79

It reads like you want option b

nikkibikki

It's sounds like you are trying to talk yourself into option b.

Write up a list of pros and cons.

Twenty Grand

Do you like your current job?

Option B is risky.
Take a pay cut. Move into an area you're not familiar with. Hope you do well enough that you get promoted in a few years.

Id think long and hard about it. Where do you want to be personally and professionally in 5 years.

1122ww

Thanks all for the replies, much appreciated.

I would prefer option B, but I'd have to play the long game, as in keep the head down, try to make a good impression and hope that a future vacancy in this area arises. It's a risk I suppose.

My current job is OK, I don't love it but I don't hate it. There are lots of other perks, flexibility, nice staff etc.

I would like option B as a job/career, but its the thoughts of going back to the bottom rung of the ladder and being poor for a few years is not too appealing, but it's such a niche area, I'll realistically never get a chance to get a foot in the door in this area again.

Twenty Grand

Personally I'd choose B.

But I don't have a wife, or kids or mortgage so I can afford to be poor for a few years.

I don't know how flexible your current employer is, but could you get a few months leave to try out this new path?

I'd also want to be surer about that the promotion and higher wages.

1122ww

Technically I could get by on less, it would mean a very basic lifestyle for the foreseeable.

There is no set guarantee of a raise or promotion, I'd be getting a foot in the door really. Also I would be waiting for people to retire or move up the ladder for a possible opportunity to arise for myself. So it is risky, but as it is so difficult to get in the first instance, I'd be hoping I'd have a better chance than someone from outside this area of work. But it is the area I would prefer to work in.

On the other side, I am permanent where I am and will be getting a good salary.

EmptyTree

Sounds like a risk with lots of uncertainty attached. If in a few years time you weren't getting promoted (nothing to do with you, just that people aren't falling off the perch quick enough or cut backs) would you be able to use your new gained experience to get a similar role in a different company? Or is the role too niche? Consider how this change might benefit you if it didn't go completely to plan.

1122ww

It would give me experience in this area, so if there was no sign of promotion in this company, I would be able to apply for other companies, however it is a highly competitive area, very few jobs come up in this area nationwide on an annual basis, that's the killer with my dilemma, I know I'm very fortunate to get offered this job. But it means huge risk and financial sacrifice for an unknown time period.

All my adult life I've strived for the permanent well paying job, with this salary raise in my current job, it looks like I'll finally have it!

I almost feel like I have to make a choice between security/money and doing a job I love.

Fakediamond

Go back to company b, tell them about the improved offer from company a and see if they can make you a better offer. I read somewhere that when a company wants you, pay will not be an issue and there’s always room for negotiation.

Your heart is in company b, so even if you don’t get a better offer from them, I’d probably go with them as if you don’t it will probably gnaw away at you and you’ll come to hate your present role.

spaceHopper

I would push option B for better terms, or an agreement of better terms in 6 months when you've proven your self. Right now they want you so will be more agreeable but when you've left job A and are working from them you have no leverage and won't get a decent pay rise.

shesty

Take a chance to make a chance?

1122ww

Update, the counter offer salary is quite high, I know it would take me years to get to that salary level again in option b job or in any other job....

redcup342

1122ww wrote: »

Hi,

I have work dilemma

A) I stay in my current permanent job and take my company's counter offer of higher salary to stay. I'm well established and respected in my role and have a strong proven track record with the company.

Take the other job offer (temporary job) with a significantly reduced salary for a few years, but in a few years time (3-5years) a higher level of job/posts could be open to me in this area and I would have higher salary then. I would have the work experience in this area on my cv and would hopefully have proven myself to the company to be considered for these higher up jobs to progress.

In mind it feels like a question of short term benefits v long term benefits...

Option A they may just be buying time to find someone to replace you.

I'd go for option B and stick to my guns, the Money isn't as important as being happy in your work