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Changing jobs when you are currently overpaid

5 replies

Aiguablava · 25/04/2021 20:38

A few months ago I was offered a new job (managerial position) but when I handed in my notice my boss said she would match the salary offered by the new company if I would stay but was not able to offer me any mangement responsibilities. I decided to stay where I am and reject the new offer as my company has very good policies to balance family life and the new role would have been more stressful and more hours.

I am now in a position where I am being paid a manager's salary but have none of the responsibilites to go with it. Thinking ahead I will probably want to change jobs within the next 5 years and I am now worried that the mismatch between salary and experience are going to cause me issues.

Its very unlikely that I will be able to gain management experience where I am so I am thinking about other things that I can do to gain more experience and develop more skills so that I can justify the salary I am asking for when changing jobs.

Has anyone been in this position before and can offer any kind of advice as to what kinds of things will look good to potential new employers?

OP posts:
mum2jakie · 25/04/2021 20:41

It's a pretty nice dilemma to have!

Personally, I think the truth would be a great selling point if needed. The fact that you are so good and valued in her current role that your employer was willing to match the pay of a managerial post is a great testament to you and your skills! If you're not looking to move within the next couple of years I really wouldn't worry.

Maybe just volunteer for any additional opportunities that may come up and undertake any training when possible?

Renovation2021 · 25/04/2021 20:42

Firstly congratulations on the offers you received externally and internally ☺️

I’d say when it comes time to move on, unless it’s public services with clear salary bandings, you’ll be asked salary expectations at interview stage. At that point you can set your expectation in terms of salary you’d like but also what you think the market rate is for that role.

Enjoy the increased salary for now and don’t stress about what ifs ☺️

workoholic · 26/04/2021 14:13

Just enjoy the payrise for now... 5 years down the line you might think you have it sweet and want to stay!

Aiguablava · 26/04/2021 19:57

I know you are all right and perhaps I'm worrying about a none issue but I'm a single parent so many is tight even with the raise and I need to keep moving upwards if I want to be financially comfortable and I'm worried now that I have been short sighted in taking the raise but not gaining the experience to go with it.

OP posts:
workoholic · 26/04/2021 20:43

Well maybe if you have capacity you could stay in your current stable job (rare currently), and enjoy the ride... then look at getting a side hustle.

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