I should post this in the Career section, but I want a lot of opinions on this, since you all are smart ladies and will steer me in the right direction.
As you know, I gave notice at work about 6 weeks ago. My boss is very supportive about it and I've been very happy to get out of this work situation, for a variety of reasons. I don't have anything lined up quite yet, but I have some really great prospects and I honestly don't think it'll take me all that long to line something up once I start seriously job hunting.
Anyway, my boss called me up tonight to offer me a 50% pay raise to stay on. I'm pretty tempted. He's also willing to negotiate on some other stuff, like working from home a few times a month.
What would you do? I'm really tempted except for the fact that I really don't want to take this offer for the wrong reasons and I'm afraid that's what I would be doing. Or would you take the offer and continue to look elsewhere? I'm also in a position right now where I can work part time and get my full salary until I land another position.
Ugh...I just don't know what to do. Being a grown-up kinda sucks sometimes.
Without knowing the specifics of why you want to quit in the first place, my opinion would be that unless your top two reasons are 1. Money and 2. Job flexibility, then you're going to be back in the situation you're in now, but with a couple more pairs of shoes and an excuse not to go into work when you really don't feel like it .
I think I'd see what else they're willing to negotiate - if they can eliminate enough of the reasons you decided to leave in the first place, it could be more worth it. Is this your first job in your field out of college? How long have you been there? If it's a matter of room to move up and expand professionally, then I think the smartest career move would be to continue on to greener pastures, where you'll probably make more money anyway. Oh, and you list your salary plus your 50% raise as your 'most recent wage' on your job apps !
-- Edited by Elle at 20:00, 2006-09-25
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To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment ~ {Ralph Waldo Emerson}
Granted, I don't know the reasons for your wanting to leave(I must be behind). Was the pay really low to begin with? Do you have co-workers that are brutal to get along with? In a case like that I wouldn't take it.
Without knowing the specifics of why you want to quit in the first place, my opinion would be that unless your top two reasons are 1. Money and 2. Job flexibility, then you're going to be back in the situation you're in now, but with a couple more pairs of shoes and an excuse not to go into work when you really don't feel like it .
I think I'd see what else they're willing to negotiate - if they can eliminate enough of the reasons you decided to leave in the first place, it could be more worth it. Is this your first job in your field out of college? How long have you been there? If it's a matter of room to move up and expand professionally, then I think the smartest career move would be to continue on to greener pastures, where you'll probably make more money anyway. Oh, and you list your salary plus your 50% raise as your 'most recent wage' on your job apps !
-- Edited by Elle at 20:00, 2006-09-25
ITA. Unless money and job flexability are a big part of why you want to leave, when it comes down to it, you'll still be unhappy, no matter how much they pay you.
Well, I had a few reasons for wanting to quit. 1) My boss. He isn't the easiest person to work with. In fact, some days have been extremely trying and there have been many many days when I've been crying as I've driven home from work. 2) I've been here 3 years and there's no room for upward growth. Really, the only position above me is Executive Director and my boss isn't going to retire for several years. My resume looks pretty decent right now, but I'd like to be doing some different stuff so that I could have more on my resume.
I think I'd be able to negotiate more responsibility and thus create more experience to put on my resume.
As for my current pay, I'm doing pretty well as it is. This puts me into a much more respectable and professional category though and would certainly make things more comfortable. If I were to accept this, I'd be making much more than I thought I'd be making at 25 and it would certainly up my bargaining power in future job-hunting. Not to mention, I'd probably treat myself to a Louis Vuitton Alma or something as a treat.
I hate having to make decisions like this. But on the other hand, I suppose there are worse problems to have.
I think I would split the difference and take the job, but seriously persue work elsewhere. A boss/job that makes you cry isn't worth an increase in pay imo.
I'd accept the offer but continue to look for a new job- it doesn't sound like a healthy environment to be in, but a 50% pay increase should not be taken lightly, and will help your salary w/your next job...
Well, the idea of more money would probably tempt me, too, but I agree with Elle that it's probably not a great reason to stay. My two cents:
1. Are they going to replace you? If yes, then I would not accept the offer to stay. You'd be preventing them from "moving on" which I wouldn't think is 100% fair if you plan to leave anyway. Since you've already planned to make the break I would stick with it ... unless you think you can commit to sticking it out for another year or so.
2. If they aren't going to replace you (or even if they are, but haven't identified a strong candidate) could you negotiate to do your job as a contractor/consultant? If they're willing to give you a 50% raise, you could accept that and in effect have a 25% raise (setting aside a good chunk for self-employment tax). If you have benefits from your hubby this might be a chance to make the cash, work from home, look for a job w/o feeling guilty, and beef up your resume (working as a contractor/consultant always looks good). Could be a win/win.
Regardless of what you decided, it seems like this is a great opportunity to go after what YOU really want, not just what they are offering. Congrats!
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Forget, forgive, conclude, and be agreed. - Shakespeare
I think life is too short to take more money to be miserable. I agree with whoever said I don't think it's fair for you to accept the money if you have no intention of staying there. My thought is that if you accept the raise that it's somewhat understood that you'd be committing to stay there. I like the idea of staying on as a "contractor" or something like that - you could use the no upward opportunities excuse as a reason not to stay as I figure you don't want to tell this boss that he's a nightmare to work for.
I know the money is tempting but you need to figure out your priorities- is it worth they money to do it for a year or so & save up? Can you get similar money elsewhere?
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I would take it. A raise like that looks VERY good on your employment history. The next jobs you apply for will be in a similar pay category too, so this is a huge shortcut to a better future. Nice work, and congrats! (Ps, this could also be a clue that they were probably underpaying you for a while...)
If you could negotiate a more flexible work schedule (half time in office, half time at home) so that working with your boss wouldn't be so awful, I'd take it. You could at least stay for another 6 months to a year and keep your ears open for other opportunities while you're there.
One thing to consider: If you take the raise and stay there AND you look for another job at the same time, will your boss be pissed? (Meaning, will he not give you a good referral if you leave in 4 months after accepting the raise?) If so, you might want to decline. If you think he'd still be cool - or someone else could give you a referral - then I'd stay and look for another job while you're there. It at least gives you some flexibility in what you'll accept for your next position. When you're unemployed, sometimes the pressure to take something overrides the right decision for you.
If you feel comfortable continuing to look for another job, can work out a reasonable work-at-home schedule, and won't be completely miserable, I'd say stay. It's a good offer, as long as you can maintain some semblance of happiness.
i agree that it would really up your bargaining power to have a pay increase like that. I'd only accept though if you could negotiate a schedule you'd be happy with and if you could commit another year. Don't accept and leave in a few months- that looks bad and is unfair.
i don't know...money is always tempting, but i've been there too, at that job that makes you cry all the time, and it's really just not worth it. life it too short. not to mention the no-room-for-growth factor... i really think you should just stick to your original plan.
personally, i'd be worried too about that promise of working from home occasionally and that it might end up not happening (because of stupid bosses who think they need you there...you know, like "oh, this isn't a good week to stay home, we're too busy" etc. and then you end up never getting to work from home)
I'm with poptart. I think working as a p/t consultant while continuing to look elsewhere is a very smart idea, but I don't think you should go back, even with the raise. You'd said you were really unhappy there, and it doesn't sound like that's going to change, even with more money.
I'd accept the offer but continue to look for a new job- it doesn't sound like a healthy environment to be in, but a 50% pay increase should not be taken lightly, and will help your salary w/your next job...
Everything she said.
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I came, I saw, I did a little shopping.
Just wanted to chip in a thought about salary. While a 50% raise is obviously really great and yes, it would raise the salary bar for your next position, be careful. So many companies ask for salary histories right off the bat, and they use that as preliminary information to decide who they can and cannot afford to narrow their candidate pool. If this 50% raise would bring your pay to well-above-average, you could unintentionally price yourself out of upcoming opportunities b/c they may just think that they couldn't afford you and *assume* that they couldn't offer you enough to make you happy.
Christine wrote: Just wanted to chip in a thought about salary. While a 50% raise is obviously really great and yes, it would raise the salary bar for your next position, be careful. So many companies ask for salary histories right off the bat, and they use that as preliminary information to decide who they can and cannot afford to narrow their candidate pool. If this 50% raise would bring your pay to well-above-average, you could unintentionally price yourself out of upcoming opportunities b/c they may just think that they couldn't afford you and *assume* that they couldn't offer you enough to make you happy.
I agree, Christine.
Thanks for all your advice, ladies. You all have really good insights, as I knew you would! I still have no idea what to do. My boss and I have a very good relationship for the most part and I'm thinking about talking to him about this. I want him to know that my reasons for wanting to leave weren't financial and that I really want to continue to grow professionally. If we can figure out some other responsibilities or another role for me to play in the company, then I could see myself sticking it out a bit longer.
What I keep thinking about is the fact that up until now I haven't had any second thoughts that quitting was the right thing for me to do.