Hi all,
I have spent several sleepless nights debating on whether to take a job offer and decided to create an account and seek the collective wisdom here.
Currently I'm working for a large (15,000+ employee) technology company. A former manager who I enjoyed working with at another company offered me a position for a bit more pay and growth potential to come to a ~100 employee tech company he recently joined.
Current company benefits:
- 5 mile commute
- Very stable industry and company
- Potential to move to many other teams
- Reasonable hours
Current company drawbacks:
- Currently a training administrator, which involves a lot of boring and/or busy work
- Likely a longer path to advancement
- Company size means that change is slow and I am probably several years from a leadership position
New company benefits:
- Slightly higher base/bonus pay + options
- Indications from VP for opportunity to advance quickly (possibly director level within a year or two)
- More marketable skill set - Sales Ops w/ Salesforce Admin responsibilities
- More autonomous, interesting, and engaging (if also more stressful) work
New company drawbacks:
- A VERY non-mustachian 160 mile round trip commute that I'd have to make 3-5 times/month (other days telework)
- Not a knock-your-socks-off pay increase
- General concern about working for a much smaller company, though one that by all indications is pretty stable
I made a little table using the federal mileage rate of $0.54/mile and MMM's estimate of $50/hr for time investment to compare. Seems like it is a wash but the intangible benefits stated above + options that would likely vest at $20K in the next 2-3 years and the promise of further monetary and title advancement are still drawing me to the new position.
Table is attached because I couldn't figure out how to paste.
So should I stay nice and close to home and suck it up if I don't love what I'm doing, or take the new job with the non-mustachian but intermittent commute, or ask for more money at the new company to sweeten the deal?
Any thoughts would be very much appreciated!
[EDIT]
Well thank you all very much! It seems that we have a consistent theme so I think that I'll be staying and maybe use this to have a discussion about future prospects with my current manager.
I should have added that the new offer was from a former manager who I know and trust very well. And also that I was previously in a Sales Ops project lead position with a couple of full- and part-time data stewardship and analytics folks working for me, so while jumping to director would still be big it's not something I'd be coming to with zero experience. But still, you all brought up great points about commuting creep and the instability of small companies. I came from a company with 250 people and we laid off 10% of the workforce last year. Still gives me shivers...