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Original poster

Another confused about promotion thread

13 replies

RunBun · 02/10/2023 11:15

I have been offered a promotion, that would increase my salary from 54k to 65k but I will be working one additional day per week. I am confused as to what to do as I have a young DC. Family and friends think it's a great opportunity and I should go for it. I am still confused. It will help me move through the career ladder and that pay rise is definitely something we need in our family but a chunk of it will go in additional childcare fees for that additional day. But, the experience of new role will help me get higher paid jobs in future.
I am so confused 😕 please help me decide.

OP posts:
KakiFruit · 02/10/2023 11:17

Take it. You won't need childcare for more than a few years.

SwedishEdith · 02/10/2023 11:19

Is that actually a payrise?

Original poster
RunBun · 02/10/2023 11:20

It's a payrise as I work flexible hours. So, there's an opportunity to get another day off but not instantly.

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Original poster
RunBun · 02/10/2023 11:21

They are sponsoring my masters as well worth £24k

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Original poster
RunBun · 02/10/2023 11:24

I do feel stuck in a rut in my current role but I feel scared to move to a new role and work additional day due to my young DC 😞

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SummerDayz63 · 02/10/2023 11:27

Try and look at it objectively. Write a pros and cons list… prioritise the things that are most important to you. Does the new job add to priority 1 or 2?

I don’t think strangers on the internet can tell you. I personally have no work priorities (other than to earn enough money to live) I don’t want to work more hours or take on more responsibility (dressed up as an ‘opportunity’) but that’s me. Lots of people have lots of drive / professional pride and want to do well / he ahead and that’s fine too. Just got to find what works for you.

Original poster
RunBun · 02/10/2023 11:29

Thanks for the suggestion @SummerDayz63 Before becoming a mum, I used to be very ambitious and driven but now I feel too tired to think about my career. I definitely wanted to move up career ladder before I became a mum.

OP posts:
Newtt · 02/10/2023 11:50

If you are happy with the benefit and long term prospects- go for it.

It is effectively a reduction of 2.5k on your pro rata annual salary - before masters sponsorship etc. Unless you would be working the same hours but over more days???

I would at least ask for them to maintain your current salary.

Original poster
RunBun · 02/10/2023 11:53

I will be working same hours over more days.

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Blackcoffee1 · 02/10/2023 11:57

When you go above £60k you can’t claim
Child Benefit (or rather, if you continue to claim it, you have to pay it all back). It’s confusing but you can google “child benefit over 60k”.

I would look at your new monthly take-home pay minus your Child Benefit compared to your current monthly pay and see if it’s worth it.

Might be worth it anyway for the masters, if that’s essential for your sector.

Original poster
RunBun · 02/10/2023 12:00

We have already given up child's benefit because of DH being high earner.

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PurpleBananaSmoothie · 02/10/2023 12:22

Do you do compressed hours now so £54K is your FTE and the role at £65K is required at 5 days? At least to begin with.

Do you want to do a masters? Do you need to do a masters to do that role? How much time is being given to you doing your masters during working hours and what is the commitment outside of working hours to complete the masters.

If the role has to be done 5 days a week to begin with but you’re confident you can go back to compressed hours, then I would take the job. It’s a temporary disruption to your life, the increase in it will cover additional
childcare and childcare is only a temporary payment. You’ll be on a much better position after the childcare has ended.

However, if you have to do this masters for the role, that would probably be the tipping point for me. I would want to be well supported in doing this through work, which means needing time in my working hours to complete my studies. I’ve done a part time masters while working full time, it was independent to work and it was a slog. I wasn’t in a higher role that was demanding, they were all junior positions. I definitely would not want to do a masters whilst not being supported at work while I have a young child at home. Most of my studying would have to occur during working hours and if that meant doing it over 3/4/5 years then so be it.

Original poster
RunBun · 02/10/2023 12:27

Going from 3 days to 4 days and yes, 1 day for studying. Doing same hours but over more days. There might be potential for getting more flexibility to choose hours etc.

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