New job offer - WWYD

[Wysterialane]

Have been offered a new job and need to decide what to do!!

Option 1 - stay in my current job. My pay is below industry standard for my level but I get lots of enhanced benefits, plenty of holiday, good healthcare package, etc. The company is huge with lots of demand for my role so my job feels secure. There is progression but it would be slow probably.

Job 2 - A new role I’ve been offered for a different company. The job is less secure as it’s a new role and the company is small although doing well and an established organisation. It would arguably be more sensitive to a recession due to the nature of the industry. I haven’t seen the full benefit package yet but they are less good. However it is a more senior role and the salary is an £18k increase!

Wwyd? I always said I wouldn’t leave the company I work for however an £18k rise would really improve my quality of life and I have quite low self confidence so am probably selling myself short.

For context the salaries are £35k vs £53k. I’m 34

I would probably take the new job even though it would be scary. Better to regret something you did, rather than something you didn't do.

True - my feelings are I could make sure I put aside some of the additional salary in case anything went wrong - I also have about 6 months worth of outgoings saved up.

Get the full details of the package but my instinct is Take the new job. If you leave you current job on good terms, you could always return later in you career.

For 18k I would totally make the jump, with an eye on making sure CV is solid enough for a quick move, say 2 years, if required. Career progression is important to me, though.

What about the actual role you'll be doing, what are the differences, and which do you prefer? Having extra money is great, but having fulfilment at work is probably more important to your overall well-being (as it seems you're managing on your current salary).

The role is exactly what I do now, too much detail would be outing but it would be working with similar budgets and on software I’m familiar with. In my current role I have some people above me to learn from however in the new role I would be the standalone person doing this role. I’m mid-senior currently so there is getting less and less to learn.

I get by on my current salary largely as my outgoings are low; my partner and I are extremely lucky (or unlucky) to be almost mortgage-free due to inheritance. However cost of living is rising rapidly!

Are you in something like the civil service right now?

I'd leave, earn more money and get more experience - then you can always think about returning anyway

Not in civil service both roles are private sector

Seems worth the risk to go for new. Keep relations good in old job and you may be able to go back. Additional benefits may be up for negotiation with new job too, always worth asking for more - the worst they can say is no. See if they will equal what you get now, they don’t have to know that you’re having such a large pay increase.

18k is a significant % increase. I would go for it.

Do it!!! You'll smash it 😁

Can you have a frank convo with current boss and use the new salary as a negotiation tool? Worth a shot!

Work out the benefits, especially pension and holidays, sick leave to ensure its a fairer comparison. Generally you regret not trying stuff so worth going for it

Definitely go for it