To not know which job offer to accept?

[Newjobdecision]

I have two job offers on the table. Both in different industries but finance related. One initially offered me £50k and an 18 month fixed term contract and the other offered me £54k for a permanent management role. I decided to go for the management role as I thought it was great opportunity and I thought the management experience would look good on my cv. The other role (50k) has come back and offered me £60k and changed the position to permanent. Other role has said highest they can go is £55k. The £60k role is an extra £300 a month which is handy in a cost of living crisis. I also really appreciate the effort they’ve gone to to secure me, as they’re now offering £10k more and have made the position permanent. However money isn’t everything and I’m worried I’ll regret missing out on being a manager but I’m late twenties so could potentially have another chance to manage in a couple of years? I’m so stuck on what to do. I’ve changed my mind so many times but need to make a decision today. What would you do?

Another consideration is is the board diverse? Are there women in senior management positions? Do they report on their pay gap? Do they care about their environmental impact, so they have a volunteering programme or donate to charities etc. All good indications about the culture there.

Also what are the parental leave policies!

Managing people is awful, it takes up a lot of time away from actually doing your job

id go for the higher paid one

May be a dumb question but is it definite that the manager role, you will actually have direct line reports you manage?

I have had a couple roles, including my current, where I have manager in my title but don’t actually have any reports.

I would go for the management role if so, having line manager experience is good for the future to open more senior roles. I’m struggling to break through into a true management role now in my late 20s. Peaking in what I can make as a ‘team member’/specialist in my area without taking on management responsibilities.

Any plans to become pregnant in next few years?

if so, check out the maternity packages of both

Management can be an absolute pisser of a responsibility. I'd go for the job without it in a heartbeat.

If the new role is so keen to retain you, they'll probably give you management responsibility anyway soon. Though be wary of their taking the chance on your enthusiasm to dump an awkward sod on you!

I'd be slightly wary about the job that's been made permanent. They only wanted someone for 18 months really. They could let you go for no reason at any point up to 2 years. "Permanent" doesn't really mean anythingl gven their original intent.

The line management element of my job is the bit I hate. If I could do the rest of my job without it for the same pay I'd bite someone's hand off!

£60k company based on the fact that they have shown how much they want you, and you've said how sweet and understanding they've been.

Working for bosses like that is invaluable.

£60k one.

Managing people is tough but also a good experience - when it’s in the right company with the right support around you. I’d worked for a company for 5 years before going into a management role. The benefit of this was I already knew the culture, expectations, how HR worked and had a network of people I could get advice from when I didn’t know how to handle an issue. If my first management role was in a new company I think I’d have struggled more.

Ask the £60k one if they can put you on a development plan to go into a management role in the future.

I'd take the higher salary with no management responsibilities, managing people can be a nightmare!

60k

I'd go for the management position, depending what is meant by management. Is it just their label for senior person or is it leading a team.

Being a leader is an essential life skill if you want to get on in today's workplace. Shying away from the opportunity to lead people is shortsighted, I would take it and also find opportunities to take some formal leadership coaching once you're in role. I did a leadership development course designed for women and it has opened doors for me ever since.

Trust your instincts and don't over think it. Both roles are well paid and you'll have that much- prized worklife balance. If I were you I wouldn't wfh every day. Get into the office some days and get yourself known.

More money without management responsibility sounds ideal to me. I stepped back from a role with management responsibilities a few years ago. I didn't have time to get involved in the work I enjoy.

I've seen colleagues that have moved into management losing the skills they previously had. There is so much admin and so many pointless meetings in management roles (where I work) .

Thank you all for your advice. There’s a lot to consider. I definitely want to be a manager at some point but I’m not sure if I’m ready yet in all honesty. I’d rather ease my way into it and I feel I can do that with the company that offered me more money. They’ve told me there’ll be opportunities for progression and I’ll be paid more without the stress of managing a team of potentially difficult people. I’ve accepted the 60k role!

£5000 difference in pay.

Tax - 20% (I'm assuming your pension will keep you out of 40% contribution, so this is a best case calculation)
NI - 12%
Pension - 6%
Student loan - 9%

Total minimum deductions = 47%

So you lose £2,350 of that £5,000, meaning you have £2,650 left or £220 per month.

👏🏻👏🏻👏🏻👏🏻

Brilliant decision. Congratulations 🥳

Congratulations!!! 🎉

Id go for more money definitely, then try to progress up.

This is completely incorrect. I know what my take home will be. I’m earning more than my last role and i know my calculations are correct. Also asked them to confirm and they have. Plus the pension is 4% not 6

Thank you all so much! 😁

Other benefits ie private health? Life? Sick pay? Leave? Maternity?

More money with no management... it's a no brainer.