Right or wrong time to move job in current climate

mickey15ie

I am considering a new role at the moment. I work in the construction sector. No issue with job security loads of jobs on the books and many lasting over a number of years.

I have a potential offer from a new firm a nice bump up in pay and role is really good.

Is it a bad time to move with all the dooms day talk?

Ubbquittious

New job, old job, dooms day talk will still be there.

mickey15ie

more worried about last one in first one out in dooms day

Obviously not a risk in current job

mickey15ie

anyone else have an input or thoughts on this?

ari101

If it is a limited company can you pull a set of financial statements for them off the CRO and see how the balance sheet is leveraged?

If you move and redundancy happens you won't have any rights to payment until you have done 2 years. If you are in the current job a long time that can be a good cushion if something happens.

If you are willing to move but would like to stay where you are, could you use the offer to try get a raise without moving? My understanding is there is a skilled labour shortage so you may be able to use that to your advantage.

If things went pear shaped do you think your skills are in demand in the current climate and if so you would be able to find work quickly. Will the pay bump be enough that you can put aside rainy day money so that if things go wrong you are covered for a gap.

Do you want to move/change? Living life not doing things out of fear can result in regrets but if you have mortgage and kids etc., depending on your financial commitments it may be good to plan the timing, have a savings buffer.

Just some thoughts, you have to do what feels right for you.

mickey15ie

Great input and thoughts there and a lot of perspective