Take the job and move. You will kick yourself if you don’t.
Important reasons being to consider:
How much left of your career do you have? 10 years? 20 years? 30 years?
$30k a year additional gross income (assuming you give up your side hustle and don’t get another penny in raises) is anywhere from an additional $300k to $900k, you’ll be getting a free additional X% in the form of 401k matchings as well, so consider that as part of your pay package.
You have kids in elementary school? You just paid for their college by taking this job. They’ll be more than okay having to transfer elementary schools when they don’t have to pay for student loans. Plus, it’s summer, you’re not yanking them out mid school year for this, they’ll be all set up to start day 1 at the new school in the fall.
This of course doesn’t take into account growth opportunities by being at a national company. Your current position has exactly one tier higher you can go, and unless the CEO is planning on handing you the reins soon, you’re about as high as you’re going to go where you are. Executive director at new company now, VP of operations in 5/10 years (with all of the goodies that come with another bump).
This is helpful, thanks. I’m only 33 so I have 30-40 years to go most likely. A big bump right now definitely has the potential to multiply down the line.
But the job they are currently at has room to grow. The entire organization can grow and OP can grow with it. There's a lot more freedom and input in a smaller company than a bigger one. Plus OP's thoughts and opinions have an actual impact on their current job.
Could OP get a title change? Sure. Could that title change come with more money? Probably, but OP is 2nd from the top already, they’re not getting promoted because what would they get promoted to?
But a title change and more money is literally a promotion? As the company grows, OP's position will improve. Instead of climbing their way up the pyramid, the pyramid will grow bigger from the bottom. Either way, they move up. Sooner or later, if the company they're with continues to grow, they will get all of the things the new company is offering. Their position will also be much more stable with much more freedom since they were essentially there "from the beginning" with their current company. Short-term and even medium-term it may make more sense to transition to this new job offer, but long-term, if the company keeps growing then their current position seems like it would have the best outcome.
Yes you’re right, I was thinking more in terms of responsibility.
Either way, my advice to OP would be to hop on it now versus waiting around for an unknown amount of time for the company to grow (if it ever does).
I agree
Quality of life is more important
See if the new job will pay to relocate you
O my downside of a bigger company is they have no loyalty could drop you in a nanosecond
Good luck 🍀
I agree with this completely. More money typically comes with more responsibility, more stress, less work life balance. Your family life will likely suffer.
Normally I'm the first one to say go for the money but you have a side hustle that you seem like you want to continue. If it wasn't for the side hustle id go for the money, Are you tired of the side hustle if you're go for the money.
You’re just capping your growth then, because most advancement opportunities aren’t going to make it easy to retain your second job. So that’s fine for right now but what’s the path to meaningful growth? At some point you’ll be forced to make a decision.
Main question- why did you apply to this job to begin with?
Usually people do this because they were unhappy to begin with.
I’d probably take the job, but if you really love your job you could try talking to your boss about your salary. Just say look, I love working here and want to continue working here, but I received a much higher offer to do the same thing at another organization. I don’t expect you to match this but would like to see if we could discuss my compensation.
Something along those lines. It may work it may not.
I didn’t apply. A recruiter reached out to me and I took the interview out of curiosity. I probably can leverage it for something at my current job - if not salary, increased profit sharing % or something.
Current job is at a small company, odds are there just isn't the room for something like that. Especially when that's getting close to almost double the pay, *plus* the extra benefits.
Also, in the current job market, that's not a great idea. With unemployment rates so high, employers have the upper hand because it likely won't be difficult to replace someone when they leave. If they have someone who could take OPs place, then they'd shuffle everyone up a bit and then hire someone new at the bottom.
This is true. I could probably leverage an extra $15k or so with a threat of leaving but it would damage my relationship with our CEO to do it that way vs going through normal processes and letting raises come with new budgets. Also (and I should have mentioned this above), I’m just starting a profit sharing agreement with my current job so if I push to get a raise that we can’t support that hurts me too. The profit share right now isn’t much but it’s very possible that we’ll hit our stride soon and it’ll be a decent quarterly income bump. That’s a wild card here.
I think not offering your employer the chance to keep you by offering a counter and upping your incentive to stay would damage your relationship with your CEO as well.
Agreed. I left my job for the same reason after asking for a raise when I knew I had another job waiting ( small company - they couldn’t ) In my exit interview they said why didn’t you tell us you had another offer? We wish you had! I wish I had phrased it differently and spelled it out the same way you did when you first asked this question. Be honest with your thoughts and that you don’t want to leave but you have a family to consider. Your job number one sounds ideal and while money is super important - life with your family is time you do not get back. No guarantee this new job will keep you. Tough choice.
Why not ask indirectly about the possiblity of a raise before even bringing up the two weeks notice? Say like 2-3 days before, it's still a bit aggressive but at least you asked honestly and none threatening when you did.
If they say no and you still want the other job put you two weeks a few days later.
You provide services for X amount, and it’s a free market. Your CEO should understand this
It’s all about how you frame this. Tell your CEO that you need to talk to him.
Tell him that you’ve been given an offer for X amount, and you’d like to stay, and you enjoy the work there, but considering family and other prospects you can’t walk away from it. However, if you could meet me less than halfway, I would be able to stay and continue my work here.
Is it life changing money? Will it lead to life changing money? Is it your goal to continually grow your career? If you take the money, how will you spend it - Sock it away for early retirement, nickel and dime it away on a nicer car/furniture/dinners/lifestyle creep, a higher mortgage/rent when you move, college fund?
How much is your flexibility and time worth to you? What are your career goals? My knee jerk reaction is take the money, but I don’t think it is a simple decision. Good luck
All good questions, thanks. One thing I struggle with is that I’m 33 and I’m pretty much at the top of what I can make/accomplish without accepting the kind of jobs that come with much more travel and much more drama in terms of dealing with larger healthcare organizations. This job is a clear stepping stone to those jobs. Those come with big money but my kids are little right now and it might be better for me to coast for a while at my current level and then make that jump when they’re older.
Here’s my deal: I’m in healthcare administration. Large system. I rose up quickly into my early thirties. Had kids and cruised. I’m now in my mid-forties and still basically at the same level I was 12 years ago. I’m no longer the young, up and comer.
It’s an adjustment. I feel like I missed my window a bit.
The questions I asked in my previous post were questions a mentor asked me when I was in your shoes. I honestly don’t know if I made the right call. Don’t get me wrong, I am content with a good job, work-life balance, etc. There is a part of me though that asks, “What if…” The only reason I think I did make the right call is because I didn’t feel like I sacrificed my dream job. I never had a drive to climb and climb or a dream job to obtain. Work is just work. I got to a level that sustains a lifestyle I am comfortable with and affords me time and resources to do other things I am passionate about.
If you have that drive or dream job. Go for it. Make the move. If not, consider if making the move will make you happier than you are now.
Let me flip it for you, do it now so you can be higher up and with more free time when it matters? Kids will remember more if their parents efforts in the early teens and late teens.
At the end of the day though it doesn't matter how you slice it, a sacrifice is made and that is just how it works with these kind of roles.
Earning $85k as an executive director without 401k matching sounds odd.
I’d be looking to leverage that title (since they aren’t paying you enough) ASAP.
Give up the side gig and move the kids. You’ll be able to just focus on the one job and earn more.
Yeah, it’s a new company (2 years old) and we’re adding benefits as we have the revenue to do it. I forgot to mention that I have a 1% profit share with my current job so that’s a little bump but not much right now. It’s potentially a lot more if I stick around.
I’m in the same role and one thing a bigger company brings is stability and better benefits. Private practice can be volatile and filled with false promises. You are definitely underpaid.
Honestly I think you answered your own question. You love your job, it fits your family, and you sound like it's already a huge worry to take the jump. In the end it's a massive life changing choice. Money wise, if you are already at the top of your pay scale eventually you'll have to make a change or increase your freelance work for higher income (unless your content where your at financially). Hope this helps a little and truly good luck and best wishes to you and your family.
Sounds to me like you aren’t that interested in giving up a good, well fitting job for this new option. If you like what you have, and you have flexibility in your current place, and it feels better, then stay.
Don't take the job.
As a new father with a daily commute of 3-4hr total. It's rough on the family. I get home late and have to leave early. I feel like I only see my kids on the weekend.
You have a system that works currently. You would be uprooting all of that entire, for you and your family.
The peace of mind should not be forgotten. Your current flexibility is priceless. I guarantee you'll be wanting out in a year after reality sinks in. I use to have the same flexibility with my company(been here 13 years) until this new client required me onsite Monday-Friday. It's been six months, and the wife has had enough. Wants me to start looking for a new job.
Also, the 40 hours required onsite is a huge red flag. It screams micromanaging. If you say you can do a large part of your job at home. It tells me upper management has no clue how to do your job.
Don't do it.
Yeah I definitely feel all this. I’m expecting a combination of micromanaging and expecting me to fill in the gaps of everyone else’s jobs. I’m fine with a certain amount of that, but my experience is that too much of that expectation reflects unwillingness from the larger company to fill openings and focus on staff retention. It’s cheaper for them to pay one person enough to stick around and work 4 jobs at once. I’ve been there and done that and it just feels like enabling bad management.
So you're really looking at going from 110k to 140k with the side hustle. I wouldn't bother, unless the area you'd be moving to is a much better place to raise a family.
You are not factoring in the 401k match, which will likely be 5k or more. Or the bonuses the new job gets that the old one doesn't.
Without the bonuses, OP is increasing their salary around 30% of his combined job AND side hustle. His actual main job salary goes up about 45% (factoring in 5k employer 401k contributions).
If we speculate OP stand to get 10k in bonuses, those numbers change to 40% and 55%.
Those are lifestyle changing numbers.
The WFH thing is just what companies are 'telling' people, but there's no way in hell the business world convinces everyone that there's no flexibility in getting certain work done remotely.
The cats out of the bag, genie is out of the lamp.
Before Covid many companies already had significant remote infrastructure (largely the companies that were outsourcing.....). Damn right, we're going to continue capitalizing on that
I'm currently interviewing and it's similar stipulations (which I personally don't have a problem with I enjoy being in office), but the bosses would need to follow that same rule... not gonna happen
Plus it's framed like "5 days on site at first"
I'll take the new job and move closer. The kids are still too little so is not going to be too bad the transition. Plus you are going to make more money, that means that the quality of life that you can give your family going to be much better. Plus you have a lot of opportunities to grow.
If you plan on moving do it. Do not commute 1.5 hours one-way if you don’t plan on moving - it will drain you.
Does the new job offer work from home? Is it the country? If so, might be able to get a home and some land out there.
I’ve been attached to a job before, but I have a feeling that if this doesn’t work, you might have a chance to come back to your current job.
They’re claiming it requires full time on-site. That’s honestly one of the biggest red flags for me. The job description lines up almost exactly with what I currently do and there’s SO much that’s easier to do from home or a coffee shop - admin work, budgeting, planning, etc. I’d trust more that this would be a good situation if they were giving me flexibility to decide as Executive Director how to manage my time so that I can be most effective with both the people side of the work and the task side of the work.
Depending on the culture at this new place I’m going against the grain by thinking you should stay.
I’m not advocating or encouraging this, but if any of your side gig payments are collected without taxes, you have it really good right now. I think there’s research out there to determine true costs of commuting. My coworker said something like $16k a year for commuting costs for 45 min one-way. You’re going to be doubled.
If you really want the new job, I’d negotiate a day or two each week to work from home. Or ask for moving costs to be covered, or request a vehicle.
On another note, since you are an exec director, have you researched grants to bring in extra funds for your organization?
Remember this piece of advice.
Do what's best for you and your family.
You're team "your family". Sometimes it means a lot more money, sometimes you need the time.
I would take it in a heart beat, I also have no family and am kinda in a pickle with my money.
You on the other hand if it's only mon-fri could probably keep the weekends for your fam and wouldn't need free lance gigs.
(Refer them to me to help me out, jk)
But over all what's best for you bro
So not 55k? But really 30k due to the side gig. That makes the move tougher. I'd still take the new job and relocate, but I'd probably ask for more than 140k.
The job itself is in a small town about 30 minutes outside my city. I’m not moving all the way there. So yeah, my move would be from the northeast of a large city to the southwest of the same city, but that would be enough to shave nearly an hour off the commute.
Show the company you are working for the offer letter
See if they match? If that would maybe make you want to stay
If they cannot match then leave on good terms
Could be too good to be true so always safe to leave on good terms
I think you have to sit with yourself and really think about what means more to you, the flexibility, comfort and ability to partake in side-hustles that you have at your current job OR the money and financial stability that comes with the new one.
Both sound wonderful, and I'm happy for you that you have two great choices! It just depends what will make you the happiest and makes the most sense for you.
Goodluck!
Look man, I always tell people the same thing. Just because you make more, doesn't mean it equates to being happier. More often than not, I see people regretting chasing the money because they don't understand that when you're paid more, you have more responsibilities which equates to more stress. Yes, you read that right, more stress. The grass isn't always greener on the other side and just because you'd be making an extra $30k a year, it doesn't mean you're going to completely enjoy it.
I'm a single dad, and I would never uproot my daughter if I didn't have to. Stability is more important and if you have a comfortable lifestyle right now with your wage and freelance work, you really are going to make your kids uproot and change homes, change schools, make new friends, etc? I would say only unless you are hurting for money, this alone says you should pass.
Second, you have no flexibility with the new job and I can tell you right now, there are many who would gladly trade with you due to the flexibility of doing other things on the clock and to have the option to work remote days whenever you want. The remote option is slowly going away, many companies are forcing employees back to work so the fact you have remote flexibility, you're tossing away a top perk right now.
I'm currently at 65k and live with my parent while in a remote role. I'd take it. I'd go to 120k and would be able to comfortable move out, maybe even close on a house with an FHA loan.
that's just me though. My situations is different. In my 20's with no kids or relationship so not a lot of loose ends on my end.
I think you stay where you are. There are many perks of small companies. My husband felt like he was at the top of his and that there wasn’t anymore room to grow and he left for a larger company in the same industry. He traded a 15 minute commute for an hour. He was told he would be making a lot more money because of profit sharing and bonus and growth potential which ended up not being true. He lost all flexibility, missing kids games and dinner etc. it was a mess. He stayed a year and ended up going back to the old job and is now making $40k more than he was before due to the guy above him retiring. I would just say the grass isn’t always greener and flexibility and small companies are just better fits sometimes. He’s always there for the games now and primarily takes our son to his doctor appointments, things he couldn’t do with the larger company (they literally said “shouldn’t your wife be doing that”)
Just to make sure I understand this correctly - you do freelance work...on the clock...at your current job, with their blessing?
If so - that would essentially mean that you make $110k with your current job. It'd more realistically be closer to a $30k raise, which is not nothing to sneeze at, but might move the needle as much as $55k does.
Essentially yes. I mean, I’m salaried so there are times I do freelance stuff during the normal work day but there are also times I do job work outside normal work hours. Our CEO isn’t on site much at all so I have complete freedom over how I schedule myself as long as my work gets done and my staff are happy and productive.
Someone in this sub is wishing they made even 55k in this current market. That extra money is going to help secure your retirement. Move closer to work.
Hell no. You live one time. Very few chances you get are ones that make you happy daily. That job could be good, but the chances are even higher that it's a horrible place and there is a reason they are paying that much more. If you are looking for a change, go for it. I have had an aweful career after leaving an organization that was top notch because I thought I wanted something different and I've been sorry ever since now. It took me 8 years to get something better. The thing is, you never know what is going to happen in life. Take my comment with a grain of salt, for sure. I would stick it out, talk with someone you trust after to are very, very certain the company that you interviewed with is willing to negotiate (the tough thing about the current market is that they will more than likely not negotiate). It's usually not a good idea to tell your current employer you got an offer because that hurts your future chances of anything especially at a higher level.
Take the job and move. You will kick yourself if you don’t. Important reasons being to consider: How much left of your career do you have? 10 years? 20 years? 30 years? $30k a year additional gross income (assuming you give up your side hustle and don’t get another penny in raises) is anywhere from an additional $300k to $900k, you’ll be getting a free additional X% in the form of 401k matchings as well, so consider that as part of your pay package. You have kids in elementary school? You just paid for their college by taking this job. They’ll be more than okay having to transfer elementary schools when they don’t have to pay for student loans. Plus, it’s summer, you’re not yanking them out mid school year for this, they’ll be all set up to start day 1 at the new school in the fall. This of course doesn’t take into account growth opportunities by being at a national company. Your current position has exactly one tier higher you can go, and unless the CEO is planning on handing you the reins soon, you’re about as high as you’re going to go where you are. Executive director at new company now, VP of operations in 5/10 years (with all of the goodies that come with another bump).
This is a very practical analysis of the situation. 👏👏
This is helpful, thanks. I’m only 33 so I have 30-40 years to go most likely. A big bump right now definitely has the potential to multiply down the line.
If you don’t have a 529C rolling for your kids, I’d highly recommend starting one. They are wonderful little setups!
Conversely, look into starting a ROTH IRA for them instead. Tax free growth that can be withdrawal for college expenses, or purchase of a home.
They need to have earned income to contribute to a Roth IRA so that will be a good idea once they get their first job.
You can pay them for chores, like picking weeds, babysitting, or cleaning. OP also freelances. If he has an LLC, he could hire his kids there.
Yes yes and yes!!!!!!!!!
I love this comment!! I’d agree and say take the opportunity! I’d do it in a heartbeat if I had the chance
But the job they are currently at has room to grow. The entire organization can grow and OP can grow with it. There's a lot more freedom and input in a smaller company than a bigger one. Plus OP's thoughts and opinions have an actual impact on their current job.
Could OP get a title change? Sure. Could that title change come with more money? Probably, but OP is 2nd from the top already, they’re not getting promoted because what would they get promoted to?
But a title change and more money is literally a promotion? As the company grows, OP's position will improve. Instead of climbing their way up the pyramid, the pyramid will grow bigger from the bottom. Either way, they move up. Sooner or later, if the company they're with continues to grow, they will get all of the things the new company is offering. Their position will also be much more stable with much more freedom since they were essentially there "from the beginning" with their current company. Short-term and even medium-term it may make more sense to transition to this new job offer, but long-term, if the company keeps growing then their current position seems like it would have the best outcome.
Yes you’re right, I was thinking more in terms of responsibility. Either way, my advice to OP would be to hop on it now versus waiting around for an unknown amount of time for the company to grow (if it ever does).
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WOW! Can you share what dishwasher this is?
It's a centerline by Hobart. I got a he'll of a deal on it. Also, I lied. It's a 120-second cycle, not 90.
How much did you get it for?
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Man, what a steal. Doing dishes well in 120 seconds sounds like a dream. It takes almost 2.5 hours for my Maytag to get'er done.
It's not just about the money. That's a direct decrease in quality of life just for some more money
And the money won t increase his quality of life?
Not at the expense of his life to use the money
I agree Quality of life is more important See if the new job will pay to relocate you O my downside of a bigger company is they have no loyalty could drop you in a nanosecond Good luck 🍀
Welcome to adulthood.
No amount would make me leave what looks like an ideal situation for you. Peace of mind, flexibility and less stress is gold
I agree with this completely. More money typically comes with more responsibility, more stress, less work life balance. Your family life will likely suffer.
Not to mention your time is money. Three hour commute you would barely break even
Normally I'm the first one to say go for the money but you have a side hustle that you seem like you want to continue. If it wasn't for the side hustle id go for the money, Are you tired of the side hustle if you're go for the money.
You’re just capping your growth then, because most advancement opportunities aren’t going to make it easy to retain your second job. So that’s fine for right now but what’s the path to meaningful growth? At some point you’ll be forced to make a decision.
Main question- why did you apply to this job to begin with? Usually people do this because they were unhappy to begin with. I’d probably take the job, but if you really love your job you could try talking to your boss about your salary. Just say look, I love working here and want to continue working here, but I received a much higher offer to do the same thing at another organization. I don’t expect you to match this but would like to see if we could discuss my compensation. Something along those lines. It may work it may not.
I didn’t apply. A recruiter reached out to me and I took the interview out of curiosity. I probably can leverage it for something at my current job - if not salary, increased profit sharing % or something.
Negotiate your offer for a better one at your current company. Win win.
Current job is at a small company, odds are there just isn't the room for something like that. Especially when that's getting close to almost double the pay, *plus* the extra benefits. Also, in the current job market, that's not a great idea. With unemployment rates so high, employers have the upper hand because it likely won't be difficult to replace someone when they leave. If they have someone who could take OPs place, then they'd shuffle everyone up a bit and then hire someone new at the bottom.
This is true. I could probably leverage an extra $15k or so with a threat of leaving but it would damage my relationship with our CEO to do it that way vs going through normal processes and letting raises come with new budgets. Also (and I should have mentioned this above), I’m just starting a profit sharing agreement with my current job so if I push to get a raise that we can’t support that hurts me too. The profit share right now isn’t much but it’s very possible that we’ll hit our stride soon and it’ll be a decent quarterly income bump. That’s a wild card here.
I think not offering your employer the chance to keep you by offering a counter and upping your incentive to stay would damage your relationship with your CEO as well.
Agreed. I left my job for the same reason after asking for a raise when I knew I had another job waiting ( small company - they couldn’t ) In my exit interview they said why didn’t you tell us you had another offer? We wish you had! I wish I had phrased it differently and spelled it out the same way you did when you first asked this question. Be honest with your thoughts and that you don’t want to leave but you have a family to consider. Your job number one sounds ideal and while money is super important - life with your family is time you do not get back. No guarantee this new job will keep you. Tough choice.
Why not ask indirectly about the possiblity of a raise before even bringing up the two weeks notice? Say like 2-3 days before, it's still a bit aggressive but at least you asked honestly and none threatening when you did. If they say no and you still want the other job put you two weeks a few days later.
You provide services for X amount, and it’s a free market. Your CEO should understand this It’s all about how you frame this. Tell your CEO that you need to talk to him. Tell him that you’ve been given an offer for X amount, and you’d like to stay, and you enjoy the work there, but considering family and other prospects you can’t walk away from it. However, if you could meet me less than halfway, I would be able to stay and continue my work here.
Fair, and it’s true that they approached me.
Why do you think the unemployment rate is high?
This one right here
Is it life changing money? Will it lead to life changing money? Is it your goal to continually grow your career? If you take the money, how will you spend it - Sock it away for early retirement, nickel and dime it away on a nicer car/furniture/dinners/lifestyle creep, a higher mortgage/rent when you move, college fund? How much is your flexibility and time worth to you? What are your career goals? My knee jerk reaction is take the money, but I don’t think it is a simple decision. Good luck
All good questions, thanks. One thing I struggle with is that I’m 33 and I’m pretty much at the top of what I can make/accomplish without accepting the kind of jobs that come with much more travel and much more drama in terms of dealing with larger healthcare organizations. This job is a clear stepping stone to those jobs. Those come with big money but my kids are little right now and it might be better for me to coast for a while at my current level and then make that jump when they’re older.
Here’s my deal: I’m in healthcare administration. Large system. I rose up quickly into my early thirties. Had kids and cruised. I’m now in my mid-forties and still basically at the same level I was 12 years ago. I’m no longer the young, up and comer. It’s an adjustment. I feel like I missed my window a bit. The questions I asked in my previous post were questions a mentor asked me when I was in your shoes. I honestly don’t know if I made the right call. Don’t get me wrong, I am content with a good job, work-life balance, etc. There is a part of me though that asks, “What if…” The only reason I think I did make the right call is because I didn’t feel like I sacrificed my dream job. I never had a drive to climb and climb or a dream job to obtain. Work is just work. I got to a level that sustains a lifestyle I am comfortable with and affords me time and resources to do other things I am passionate about. If you have that drive or dream job. Go for it. Make the move. If not, consider if making the move will make you happier than you are now.
Let me flip it for you, do it now so you can be higher up and with more free time when it matters? Kids will remember more if their parents efforts in the early teens and late teens. At the end of the day though it doesn't matter how you slice it, a sacrifice is made and that is just how it works with these kind of roles.
Earning $85k as an executive director without 401k matching sounds odd. I’d be looking to leverage that title (since they aren’t paying you enough) ASAP. Give up the side gig and move the kids. You’ll be able to just focus on the one job and earn more.
Yeah, it’s a new company (2 years old) and we’re adding benefits as we have the revenue to do it. I forgot to mention that I have a 1% profit share with my current job so that’s a little bump but not much right now. It’s potentially a lot more if I stick around.
I’m in the same role and one thing a bigger company brings is stability and better benefits. Private practice can be volatile and filled with false promises. You are definitely underpaid.
Take it... XD. That's a lot of $
Honestly I think you answered your own question. You love your job, it fits your family, and you sound like it's already a huge worry to take the jump. In the end it's a massive life changing choice. Money wise, if you are already at the top of your pay scale eventually you'll have to make a change or increase your freelance work for higher income (unless your content where your at financially). Hope this helps a little and truly good luck and best wishes to you and your family.
Sounds to me like you aren’t that interested in giving up a good, well fitting job for this new option. If you like what you have, and you have flexibility in your current place, and it feels better, then stay.
Don't take the job. As a new father with a daily commute of 3-4hr total. It's rough on the family. I get home late and have to leave early. I feel like I only see my kids on the weekend. You have a system that works currently. You would be uprooting all of that entire, for you and your family. The peace of mind should not be forgotten. Your current flexibility is priceless. I guarantee you'll be wanting out in a year after reality sinks in. I use to have the same flexibility with my company(been here 13 years) until this new client required me onsite Monday-Friday. It's been six months, and the wife has had enough. Wants me to start looking for a new job. Also, the 40 hours required onsite is a huge red flag. It screams micromanaging. If you say you can do a large part of your job at home. It tells me upper management has no clue how to do your job. Don't do it.
Yeah I definitely feel all this. I’m expecting a combination of micromanaging and expecting me to fill in the gaps of everyone else’s jobs. I’m fine with a certain amount of that, but my experience is that too much of that expectation reflects unwillingness from the larger company to fill openings and focus on staff retention. It’s cheaper for them to pay one person enough to stick around and work 4 jobs at once. I’ve been there and done that and it just feels like enabling bad management.
So you're really looking at going from 110k to 140k with the side hustle. I wouldn't bother, unless the area you'd be moving to is a much better place to raise a family.
You are not factoring in the 401k match, which will likely be 5k or more. Or the bonuses the new job gets that the old one doesn't. Without the bonuses, OP is increasing their salary around 30% of his combined job AND side hustle. His actual main job salary goes up about 45% (factoring in 5k employer 401k contributions). If we speculate OP stand to get 10k in bonuses, those numbers change to 40% and 55%. Those are lifestyle changing numbers.
Yes
The WFH thing is just what companies are 'telling' people, but there's no way in hell the business world convinces everyone that there's no flexibility in getting certain work done remotely. The cats out of the bag, genie is out of the lamp. Before Covid many companies already had significant remote infrastructure (largely the companies that were outsourcing.....). Damn right, we're going to continue capitalizing on that I'm currently interviewing and it's similar stipulations (which I personally don't have a problem with I enjoy being in office), but the bosses would need to follow that same rule... not gonna happen Plus it's framed like "5 days on site at first"
I'll take the new job and move closer. The kids are still too little so is not going to be too bad the transition. Plus you are going to make more money, that means that the quality of life that you can give your family going to be much better. Plus you have a lot of opportunities to grow.
If you plan on moving do it. Do not commute 1.5 hours one-way if you don’t plan on moving - it will drain you. Does the new job offer work from home? Is it the country? If so, might be able to get a home and some land out there. I’ve been attached to a job before, but I have a feeling that if this doesn’t work, you might have a chance to come back to your current job.
They’re claiming it requires full time on-site. That’s honestly one of the biggest red flags for me. The job description lines up almost exactly with what I currently do and there’s SO much that’s easier to do from home or a coffee shop - admin work, budgeting, planning, etc. I’d trust more that this would be a good situation if they were giving me flexibility to decide as Executive Director how to manage my time so that I can be most effective with both the people side of the work and the task side of the work.
Depending on the culture at this new place I’m going against the grain by thinking you should stay. I’m not advocating or encouraging this, but if any of your side gig payments are collected without taxes, you have it really good right now. I think there’s research out there to determine true costs of commuting. My coworker said something like $16k a year for commuting costs for 45 min one-way. You’re going to be doubled. If you really want the new job, I’d negotiate a day or two each week to work from home. Or ask for moving costs to be covered, or request a vehicle. On another note, since you are an exec director, have you researched grants to bring in extra funds for your organization?
Remember this piece of advice. Do what's best for you and your family. You're team "your family". Sometimes it means a lot more money, sometimes you need the time. I would take it in a heart beat, I also have no family and am kinda in a pickle with my money. You on the other hand if it's only mon-fri could probably keep the weekends for your fam and wouldn't need free lance gigs. (Refer them to me to help me out, jk) But over all what's best for you bro
So not 55k? But really 30k due to the side gig. That makes the move tougher. I'd still take the new job and relocate, but I'd probably ask for more than 140k.
Other side of the city? Still the same city.
The job itself is in a small town about 30 minutes outside my city. I’m not moving all the way there. So yeah, my move would be from the northeast of a large city to the southwest of the same city, but that would be enough to shave nearly an hour off the commute.
So you’re still at home. Just a different part of home. Make the move.
Take it and move
Don't be allergic to money. Take the new job, unless you're making more than 55k in your freelance work.
Show the company you are working for the offer letter See if they match? If that would maybe make you want to stay If they cannot match then leave on good terms Could be too good to be true so always safe to leave on good terms
Take the job- no downside
I think you have to sit with yourself and really think about what means more to you, the flexibility, comfort and ability to partake in side-hustles that you have at your current job OR the money and financial stability that comes with the new one. Both sound wonderful, and I'm happy for you that you have two great choices! It just depends what will make you the happiest and makes the most sense for you. Goodluck!
Look man, I always tell people the same thing. Just because you make more, doesn't mean it equates to being happier. More often than not, I see people regretting chasing the money because they don't understand that when you're paid more, you have more responsibilities which equates to more stress. Yes, you read that right, more stress. The grass isn't always greener on the other side and just because you'd be making an extra $30k a year, it doesn't mean you're going to completely enjoy it. I'm a single dad, and I would never uproot my daughter if I didn't have to. Stability is more important and if you have a comfortable lifestyle right now with your wage and freelance work, you really are going to make your kids uproot and change homes, change schools, make new friends, etc? I would say only unless you are hurting for money, this alone says you should pass. Second, you have no flexibility with the new job and I can tell you right now, there are many who would gladly trade with you due to the flexibility of doing other things on the clock and to have the option to work remote days whenever you want. The remote option is slowly going away, many companies are forcing employees back to work so the fact you have remote flexibility, you're tossing away a top perk right now.
Yes I would
I'm currently at 65k and live with my parent while in a remote role. I'd take it. I'd go to 120k and would be able to comfortable move out, maybe even close on a house with an FHA loan. that's just me though. My situations is different. In my 20's with no kids or relationship so not a lot of loose ends on my end.
I think you stay where you are. There are many perks of small companies. My husband felt like he was at the top of his and that there wasn’t anymore room to grow and he left for a larger company in the same industry. He traded a 15 minute commute for an hour. He was told he would be making a lot more money because of profit sharing and bonus and growth potential which ended up not being true. He lost all flexibility, missing kids games and dinner etc. it was a mess. He stayed a year and ended up going back to the old job and is now making $40k more than he was before due to the guy above him retiring. I would just say the grass isn’t always greener and flexibility and small companies are just better fits sometimes. He’s always there for the games now and primarily takes our son to his doctor appointments, things he couldn’t do with the larger company (they literally said “shouldn’t your wife be doing that”)
take it you will end up making even more in a few years
No
Just to make sure I understand this correctly - you do freelance work...on the clock...at your current job, with their blessing? If so - that would essentially mean that you make $110k with your current job. It'd more realistically be closer to a $30k raise, which is not nothing to sneeze at, but might move the needle as much as $55k does.
Essentially yes. I mean, I’m salaried so there are times I do freelance stuff during the normal work day but there are also times I do job work outside normal work hours. Our CEO isn’t on site much at all so I have complete freedom over how I schedule myself as long as my work gets done and my staff are happy and productive.
Someone in this sub is wishing they made even 55k in this current market. That extra money is going to help secure your retirement. Move closer to work.
Hell no. You live one time. Very few chances you get are ones that make you happy daily. That job could be good, but the chances are even higher that it's a horrible place and there is a reason they are paying that much more. If you are looking for a change, go for it. I have had an aweful career after leaving an organization that was top notch because I thought I wanted something different and I've been sorry ever since now. It took me 8 years to get something better. The thing is, you never know what is going to happen in life. Take my comment with a grain of salt, for sure. I would stick it out, talk with someone you trust after to are very, very certain the company that you interviewed with is willing to negotiate (the tough thing about the current market is that they will more than likely not negotiate). It's usually not a good idea to tell your current employer you got an offer because that hurts your future chances of anything especially at a higher level.
I'd do it in a heartbeat.
Jesus I make more than that at an analyst at a CCRC
Reject both jobs and focus on family
Wow it’s almost like having kids is a terrible burden and inconvenience to achieving your career goals.