Instability at work WWYD

[Undecidedthiswinter]

I like my team, I’ve made decent friends, and they’re all super friendly and I feel like I’ve found my people in that sense.

i also really like my clients, but I don’t like the leadership nor the product, and more often than not it takes me out of my comfort zone.

the company has already made some quiet redundancies BUT we just has hired someone super expensive and closed a very decent deal. Which makes me think we still have some time.

i have a redundancy insurance policy that kicks in in April, so overall I feel like things would be ok.

in the background a company approached me and I’m fairly confident I can get this job. It’s my area of expertise, I know this industry inside out. They’re also bringing tons of people from my previous company including 3 ex colleagues who are varying degrees of “nice”.

Part of me thinks I should just take this new job, part of me thinking I should wait it out, wait for the insurance and then take my time.

So my AIBU is… am AIBU for potentially ignoring the “bird in hand philosophy “?

How long have you been there?

7 months. Think I’ve feared about my job security for the past 4 or so.

So far they’ve got rid around 10% of all
employees.

Is the Company you are thinking about going to secure and established? If so, I would go for the new job.

How long were you in your previous job?

How long could you manage if you were made redundant?

And how quickly do you think you could get a new job (assuming this other company were no longer recruiting)?

The company is technically 14 years old, they’re on series C, and were series A 10 years ago, so in that sense they’re 10 years ahead of my current company.

My redundancy insurance policy pays for 12 months, so it would be that long.

realistically I think I would get a new job in 2-3 months.

I was in my previous role for a year. I was middle management so I understand why my role
got made redundant.

Redundancies are semi normal in my industry. They get funding or grow more than expected, get excited, hire too much, don’t grow as expected, redundancies happen.

so previous job for just a year

and one before that?

2.5 years, 3 years, 7 years…..

The HM was at her previous role for 6 months, we all understand our industry is volatile.

I forgot to mention that there’s zero growth at my current company.

I think startup life is certainly not for me

Do you have a partner? Any dependents?

product, and more often than not it takes me out of my comfort zone

so unlikely you’ll do well in performance reviews and progress?

OP you're going to get a lot of responses from people who don't understand parts of the private sector. I'd go for the new role in your shoes and make the choice if offered. Finding your people is neither here nor there if the role feels insecure and you dont believe in the product and leadership. That shit wears you down.

I’m in tech so very familiar with the start up scenario and would not work for one. But then I’m the breadwinner so my risk appetite is low. I would be going for the new role and going for it (working really hard) for two years to establish myself there.

Write up your pros and cons

instability at current place
you don’t like the product
or the leaders
you've been there five minutes so easy to get rid of in the next round of ‘quiet redundancies’
cutthroat demanding startup culture
no growth for you

versus
erm, you like some of the team?

I say go for the new job.

Oh no, I’m actually way ahead of my KPIs…. It’s just that I have to strategise with an area that’s not my forte.

the potential new job has been my area of expertise for 10+ years so at least I know what I’m talking about.

None of it is rocket science, but still.

Partner? Dependents? Can you take a risks?

I’m also the higher earner, and because of life, I always have had to go with whatever looks OK as opposed to ideal.

the insurance policy could buy me that freedom, however I don’t know if I’d ever turn an OK offer down.

I'd base the decision completely on how much I want to do the new work and work for the new company, compared to the current job, plus career development, and forget about the redundancy and the insurance.

I can take SOME risks but my DHs only covers our basic living expenses (minus the car payment )

I'd personally take the new job, redundancy insurance is nice but it'll still be stressful being between jobs and the current offer might not be on the table then

Supportive DH? Encouraging?

what’s your gut telling you?

I certainly wouldn’t stay for liking my colleagues and client and pretty much nothing else.

and if you don’t rate senior management … that will likely limit your progress

If you've only been there 7 months, they could get rid of you without offering redundancy, so I would check the Ts&Cs on that insurance policy before relying on it.

What's your current notice period? A month or 3 months?

If the other company sounds okay, I'd probably go for it.

Damn good point

The insurance policy is bullet proof as long as I remain employed for another 5 weeks. I pay it every month and it ain’t cheap, but definitely worthwhile.