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selling out.


PlugInMatty

839 views

  

3 members have voted

  1. 1. Should I quit my job?

    • Yes
      2
    • No.
      1

so, I'm quitting my job.

 

because I hate it?

 

no.

 

because I'm bored with it?

no.

lack of opportunity?

no.

 

then why the hell are you quitting your job?

 

because of money.

 

I'm quitting my job because of money, and I feel like the lowest kind of shit for doing so.

 

to make things worse, I was pulled into a meeting with my department manager yesterday morning (i.e. my big boss), and offered a job setting up all of the accounting processes for the Australian arm of the Lowe's hardware chain. now that's a pretty f**king big deal. if you're at all familiar with the Lowe's brand, you'll understand just how big a deal that is. but since I'd be on the same salary as my current job in the short-term, and my boss can't guarantee that a more senior position would become available in the mid-term, I'm basically turning it down.

 

professionally, it's the most amazing opportunity I've ever been given, and I'm turning it down to chase the almighty dollar somewhere else.

 

seriously, what the f**k am I doing?

I just... I don't understand what I'm supposed to do in this situation.

 

my #1 priority for the next 5 years is to save money and buy my first house, and I know I can't do that on my current salary. I've crunched the numbers, and I simply cannot make them work. and even though there's this amazing professional opportunity, an opportunity that could basically set me up for the next 5 years of my working life, it's still on a salary that'd slowly sink me into a horrible debt. I know that I'd be in pole position for the next promotion/pay rise that came up within my company, but our staff turnover is so low that I could be waiting 6-12 months before anything even comes up. seriously, we've only had one team leader/manager resign in the whole three and a half years that I've been there, so I know there's no point holding my breath.

 

but still, 6 months is virtually nothing in terms of my long-term career path. if I can get through those 6-12 months, I'm set. but when you're struggling to make ends meet on your current salary, 6 months is an absolute lifetime. and it's getting the point where I just can't continue to tread the financial path that I've been treading.

 

so what do I do?

 

do I move in with friends and cut my living expenses in preparation for 6-12 months of playing the waiting game, or do I walk away from the company that's given me so much and chase the almighty dollar somewhere else?

 

for what it's worth, I've already singled out three jobs that I want to apply for. there's a Department of Immigration job that'd earn me at least $15k-$20k more than what I'm currently on, and it's in the same building that one of my best friends already works in. there's also a Property Management job (with an undisclosed salary) that I know I'd enjoy 100%. and then there's a Real Estate sales position that offers a starting salary at least 150% larger than the one I'm currently on. better yet, there's the potential to earn 600% of what I currently earn, as long as I'm not completely shit at it.

 

after years of struggling to make ends meet, $200,000 per annum is more than I would ever know what to do with.

 

(what a terrible problem to have)

 

anyway, now that I've got all that off my chest, what do you think I should do?

 

I've got a few days to consider whether I want to take the Lowe's job, and I've got until the end of next week to submit an application for all of the other jobs.

 

oh, and I've already told my big boss that I couldn't accept straight away because I'm considering leaving the company, so pretending this whole thing never happened is not a viable option.

 

but for what it's worth, he completely understands the position I'm currently in, and supports any decision 100%.

 

oh, and he smiled and waved to me while I was doing my grocery shopping earlier tonight.

 

so yeah, we're all good.

 

anyway, after all that venting, what do you think I should do?

 

as usual, all opinions welcome.

 

oh, and vote in my poll.

 

peace.

  • Like 1

8 Comments


Recommended Comments

Greedya

Posted

Mate do whatever makes you happy and plan well - and realistically. 200k annually isn't very realistic at your age unless you have a brilliant business idea and become an entrepreneur urself.

 

I no longer chase after money 'cause that's a helluva life. I want to lay back a bit, and have enough money for retirement. That's all. Not having my own house is ok. Not living a luxurious life is ok. I am happy this way 'cause I don't like working like crazy.

 

Finally, asking people to vote is a bad idea. You shouldn't be influenced by this kind of stuffs because you don't know 'why' a person votes yes or no. Most likely, nobody has enough information to judge your life for you.

MikeL

Posted

I'm not voting either. I agree with Greedya; I'm no expert on PlugIn Matty's life.

 

One thing you might consider, if you haven't already done it, is quoteLowe's a reasonable figure for which you would consider accepting this"promotion". You are looking for a new job; they have one available. Treat them just like you would a potential new employer.

 

Good luck!

Nephylim

Posted

I think you should look short term and long term. Jobs are not that easy to come by and if something looks too good to be true then it probably is.

Write a pros and cons list and make sure you put job security and future prospects on there. The company you work for has to be a good company if there is such a low turnover of staff. What are sick pay, holiday entitlement, retirement pension etc etc like. WIll they be able to give a little raise or other fringe benefilts like travel expenses etc.

 

Moving your job is always risky especially in this climate and if US law is anything like UK law then for the first year you are working they can get rid of you at any time.

 

Check out the companies you are considering working for. Do they have a quick turnover of staff? Do they require long hours of extra work with no pay? do they provide good benefits? What are the working conditions like? What support will you get? What will you be expected to do?

 

Be careful you are not going to be jumping out of the frying pan into a very tempting but very hot fire.

 

Also although it's tempting to look for short term benefit especially when things are tight but you have to look at the long term prospects if you are career minded. Will the new firms provide opportunities for promotion? What is the scale of advacement like? Do people who enter at the lever you are entering, doing the job you are doing get promoted/advanced in the company.

 

Weigh all this up and make your decision. No one else can make it for you

 

 

  • Site Administrator
Cia

Posted

Good luck with this. It's a very difficult choice. What do you WANT to do? Do you want to take the job in your current company? Is it possible to pinch or change your current bill outtake by moving or reducing things to make it work at your current job? Can you guarantee those other job's monetary promises are going to come through? It is sooo much easier to find a job when you have one so not making a hasty choice is definitely preferable. However, I understand the the total quagmire that increasing debt due to insufficient income puts you in. Sometimes you have no 'best' choice, just what is the lesser of the not so great options.

 

Making 'more' money if you don't absolutely need it and turning down the smart choice in the long run to do so would be unwise. Really weighing your options and making your choice based on long term projections of both the value of things now and what they might be down the road is smart. Will those other jobs continue to have the same or higher wage earning capabilities as your current job in the future? You aren't being greedy, really. You are trying to figure out what is best both currently and for your future. Only you can say which is more important.

 

 

Menorain

Posted

I voted NO. Wait it out.

JamesSavik

Posted

Go for the cash. After all- that is really the only thing that matters.

 

All that rah-rah company loyalty feel-good bullshit doesn't pay your bills, and from your description, it's not going to take you where you want to go.

  • Like 1
PlugInMatty

Posted

it's confirmed, 100% of voters think I shouldn't quit my job :P

 

just to make it clear, I have a job with my current employer for as long as I want it, and have no intention of resigning until I've signed on the dotted line somewhere else.

 

@Greedya: $200k per annum sounds pretty unreal, doesn't it? let me break it down for you: commission-based job + $77k starting salary + bonuses + sell a few houses = $200k. yes, real estate is a pressure-filled environment, but I've always enjoyed and excelled under pressure. in terms of 'luxury', that's not really a consideration. I don't dream of boats, mansions or BMWs, I'm more interested in financial security and buying my first house.

 

@MikeL: unfortunately, I'm not in a position to dictate terms. I work for a large multi-national, and even if my boss wanted to pay overs to stop me leaving, he'd never get approval from HR to do it. with my company's rigid payscale, the only way he could make it work in the short-term is if he created a new senior position and offered it to me. for all I know, he could be planning to do that. I know he rates my work highly, and I also know that he'll be very disappointed to lose me, so he might push to make it happen. I won't be holding my breath, though. at least not in these economic times...

 

@Nephy: I've weighed up the pros and cons, and I know that all of the jobs I'm considering would be excellent career moves. the working conditions are universally excellent, and all of the jobs have opportunities for short and long-term advancement. basically, they're all outstanding opportunities, and the only difference is remuneration.

 

so, all things being equal, do I place financial security above loyalty and chase the almighty dollar elsewhere?

 

decisions, decisions.

 

@Cia: in short, I want to take the position with my current employer, but I can't make the numbers work. I've already taken steps to trim my expenses, and I can survive in the short-term. however, this career move is about getting ahead, not surviving. if I take the job with my current employer, I could be here in 12 months time, waiting for that magical 'opportunity' to come up and STILL fighting to get ahead financially. worse, I could be bitter and disillusioned, thinking about how much more comfortable I'd be on the sort of salary I'd have earnt on the open market.

 

the fact is, I work with a lot of good people, and I'm at least second in line for the next promotion that comes up. with the incredibly low management turnover that my company has, being second in line could mean anything up to a 2 year wait.

 

I guess, if I was desperate, I could break my rental agreement and move in with one of my friends to save money and get ahead, but do I want to go through all the hassle and expense of moving house when I could easily maintain my current lifestyle and earn a higher salary with another employer?

 

I've done the sums, and if I maintained my current expenses and took the lowest-paying job that I'm applying for, I'd be free of personal debt and ready to buy a house within two years. if I took the highest-paying job, I'd be debt-free and have that home deposit by next Christmas. none of that is going to be possible if I take this new job with my current employer, though. even when a promotion does come up, it's still going to be a lower salary than what I'd earn in either of the external jobs that I'm considering.

 

also, for what it's worth, any of the jobs I'm currently considering would be an excellent career move. I've worked very hard to get to the position I'm currently in, and I've now got the sort of resume that's going to pay a small fortune on the open job market. it's just a matter of whether I cash in now, or cop a whole load of short-to-mid term financial pain and hope I can cash in with my current employer at a later date. in the words of my boss, I'm "doing absolutely everything right", so I know that I'll keep climbing the corporate ladder if I stay with my current employer, it's just a matter of whether I'm prepared to go broke while playing the waiting game, and whether I'm prepared to turn down other big opportunities in the meantime.

 

as you've probably figured out by now, I'm leaning towards those other opportunities.

 

@Menorain: the romantic in me wants to stay and wait it out, but I know that I'll end up disillusioned if I stay and then get passed over for the next senior position. logically, I know that if I take this opportunity and do a good job, bigger and better things will eventually come of it. however, an eventual pay rise isn't going to pay my current bills. also, with my company's payscale, that eventual pay rise is still going to be lower than the money I could earn on the open market.

 

@James: you're like the devil on my shoulder, telling me to take the money and run haha. actually, your response reminds me of a passage from a classic Run DMC song:

 

Money is the key to end all your woes,

Your ups and downs, your highs and your lows,

Won't you tell me last time that love bought you clothes?

It's like that, and that's the way it is.

 

never a truer word spoken.

  • Like 1
old bob

Posted

It's really an hard decision to take. I cannt give you an advice, but I just can tell what I would do in the same position as you are :

Quit ! because :

More money means more freedom,

Changing job means more experiences

Meeting new people (bosses, other employees) means more contacts

 

BTW, I dont understand your boss : if he really think you are the man for this new challenge, I suppose he will accept to pay an higher salary. If not, as you say, you shouldnt trust hiem and quit.

IMO, a young manas you are (aged 25) should not stay longer than 3 years in any job.

I have more than 50 years of business experiences and changed my job 9 times in this period, and I'm happy I did it !

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