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Unread 2016-10-05, 11:37 AM   #1
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So I have a job offer on the table that I'm really on the fence about. Looking for some solid advice.

My current position is a govt contract. It's currently in the process of transitioning to a new principal, likely on Jan 1, 2017. With that comes the unknown of all new benefits at an unknown cost and coverage, potential loss of any tenure within the organization as it relates to vacation. The govt agency also has let go a few contractors lately do to budget but I'm told my position is safe.

The new position is a direct hire. The base salary is .07% higher, so nearly a lateral move. Factoring expenses of the old job vs new job I would be reducing my monthly take home by about $20 a month for the first year. This is primarily due to the 4.9%; tax taken out that goes into a private pension and is matched by an employer contribution of 13.1%. The pension is fully vested in 5 years.

I also will be eligible for profit sharing which is 10% of my base salary. This pays out annually and since I'd be started so late in this fiscal year I wouldn't be eligible for that payment until April 2018. It has paid out at least the last 4 or 5 years, possibly more to my knowledge.

They've already rejected my counter of 7.5% added to the base +10 days of vacation. So I've now countered with just the vacation.

I feel like where am at is ultimately a dead end and isn't adding to my skillset in a usable manner. I feel the new position would be a better move careerwise. I'm simply stuck on the finacials and their inability to be flexible on the compensation so far.
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Unread 2016-10-05, 02:18 PM   #2
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I might not understand it, but seems as if the new opp is way better than your current job?
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Unread 2016-10-05, 04:32 PM   #3
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^Yeah. If you are saying the job you have now you are maxed out at or its a dead end, the new job with a better possibility for advancement in your education or career seems like the better choice. Even if the pay difference is negligible or even a hair less, its the better choice.
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Unread 2016-10-05, 04:42 PM   #4
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If it is a good and stable company with low turnover, I would jump ship and go.
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Unread 2016-10-05, 09:12 PM   #5
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+10 days on top of what is offered or 10 days vacation period?
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Unread 2016-10-06, 09:18 AM   #6
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Taking the financials out of the scenario because let's be honest, it's enough money. What does the new job offer that's better than the current? New technology? New projects? Career growth?
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Unread 2016-10-06, 10:01 AM   #7
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I might not understand it, but seems as if the new opp is way better than your current job?
In my eyes yes. I work in automation now and have a very specific skill set that is found in all IT depts, especially with the software platform that I am knowledgeable on. The new opportunity puts me in a team lead role sans the title and also forces me to be a cross platform guy as well. Far less silo'd than I am now.

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^Yeah. If you are saying the job you have now you are maxed out at or its a dead end, the new job with a better possibility for advancement in your education or career seems like the better choice. Even if the pay difference is negligible or even a hair less, its the better choice.
I'm a govt contractor now. Since we have been on continuing resolutions for several years now due to re-compete, I haven't had a raise in 3 years (coming this Jan). I cannot promote any higher, and I will remain silo'd. Not to mention the uncertainty of what the new principal brings. I know I would have a job and likely at the same pay, but no clue on benefits and such as well as long term stability.

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If it is a good and stable company with low turnover, I would jump ship and go.
It is, it's with the railroad.

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+10 days on top of what is offered or 10 days vacation period?
10 days on top of what was already offered

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Originally Posted by black797 View Post
Taking the financials out of the scenario because let's be honest, it's enough money. What does the new job offer that's better than the current? New technology? New projects? Career growth?
What is "enough money"? I don't know about you but just because I make what most would consider a high salary doesn't mean I want to simply sit stagnant. I want chances to increase that pay both through COL and merit. Right now that isn't happening. Changing jobs is usually one of the best times to get those jumps. The 7.5% I was asking for over their offer would actually be closer in line to a parallel move had I been getting even minimal 3% COL raises the past few years.

The new job puts me in a leadership role, minus the title. It let's me work with tech I don't get to work on here and really makes me do a much broader range of things honestly.
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Unread 2016-10-06, 10:02 AM   #8
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As an update, they came back with my second counter and said they would give me 5 extra days of vacation a year so I went ahead and accepted.
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Unread 2016-10-06, 10:02 AM   #9
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Edit- ^^^ Nice!!
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Unread 2016-10-06, 10:33 AM   #10
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Nice!
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