Hello all,
A few months ago I posted about my situation at my work place. I had/have been having a sort-of career mid-life crisis.
In summary, I had been struggling to have impact, as well as struggling to advance, in my current workplace. A very visible start-up was really interested in me. They were located in Austin which was a deal breaker for my spouse. I ended up going to visit them, knowing that I wasn't going to accept an offer anyways. The visit confirmed that it was a place I'd be excited to work at, and so I felt the trip was worthwhile for me personally. However, I didn't pursue further because I prioritize my marriage above work, and so that story ends there. You can read more at the link:
https://forum.mrmoneymustache.com/ask-a-mustachian/struggling-with-making-decisions-wrt-major-life-choices/msg3196219/#msg3196219Where the story re-starts:
I am considering switching to a different business within the same company.
If you can provide any perspectives on deciding to take such a leap, I would appreciate feedback.
Current job (Business A):I am a project leader in R&D. I generally like my job, but don't love it. If I stay in my current job, I will probably just try to optimize my projects to give me maximum fulfillment with minimum work, and accept that I'll always have a mediocre salary with no major chance for advancement.
Pros:
1) familiar, somewhat easy, maintain connections to past projects I have advanced and perhaps help them move farther;
2) manager is trying to switch me to more impactful projects. If I am successful, then I think it will make me happier and more fulfilled.
3) The people in my current business/group are excellent coworkers.
4) My manager is extremely flexible in terms of WFH, hours, vacation, etc...
Cons:
1) My business is in a tight spot (poor profitability), and has a weak product development pipeline. Most of the products we produce are not very exciting, the applications are often not exciting (pretty old technology which is fighting commoditization). Instead, it is pivoting towards trying to improving profit margins/etc on existing products, rather than ensuring long-term growth (my old project which is slowly being killed). People in my business are not sure whether this is the beginning of a long death spiral for the business, or if the improved margins will sustain the business. But it's unlikely to be a business that experiences the growth that we say we want.
2) My business could do better at career development for younger employees. Especially in R&D, former-early-career employees like me have now transitioned into mid-career employees at this point. Most of us are at 'career level' (we have received 2 promotions, and the majority of people will receive no more after that; this is mostly the result of a poor business choice to make a huge gap between 'career level' and the next level, which in R&D is called 'fellow' often). I could try to switch out of R&D and into something different (marketing, technical services, product stewardship, product management...). Without getting into too much detail, the options that have been presented to me require several months just to make it happen, and then I have to spend some years in a lateral position, and then supposedly this will begin to open doors for me. Long story short is that it is high risk for me; I am more passionate about R&D, and so taking a multiyear lateral which *might* eventually pay off is risky. Did I mention that eventually I will FIRE? (unless I decide I really love my job)
3) Salary at my job is mediocre. My manager (and I suspect her manager) do not want employees to ask about salary or promotions. Generally speaking, this is discouraged in my business (this is not stated, but we can read between the lines). I have only asked about these things a couple times, but when I did, management appears to be dangling a carrot which they have no intention to deliver on. For example, my manager has told me I have good career development potential and is happy to build me more responsibilities/etc, but meanwhile she and the director have emphasized that the next level is 'fellow' level in our organization, that "some of our most important engineers are your level", that "So-and-so just got promoted after a long career of dedication and impact", and so I shouldn't expect a promotion (while in R&D) for many many years, possibly ever. As I told them, I am not seeking to get ahead of my coworkers whom I respect. But this is a capitalist society, and I think it's fair for employees to want a realistic development plan that includes milestones and rewards in the form of pay increases. And at the very least, I want to be accurately told what the situation is, not given false hope.
Long-story-short is that I feel if I stay in my current business, then I probably get opportunities to further develop myself and make an impact, which I will enjoy. But likely I will not be rewarded for it.4) Business A has a director that is extremely controlling and he really dictates a lot of the negative culture above. He seems to like me actually... is pushing me towards a lateral move (under him), which as described, would require me to take a job I'm not thrilled about for a couple years before getting the position I actually want. I don't know how long the director will be around, but impression is that he's not leaving any time soon. This director is pretty authoritarian and you have to be pretty careful what you say around him.
Opportunity (Business B):I can switch to a different business in my company. Some of the details still need to come together on exactly what the job will be. I can pursue this information, though I have to be a little careful. There is an expectation that once I apply for a new internal job, that I must notify my current manager. Once I apply, I would think I better intend to switch, as then my manager will know.
Pros:
1) Business B has a void with respect to mid-career employees. They have a lot of late-career employees that aren't doing so well at leading/coaching young employees. They really need mid-career employees with some leadership ability, and I could fill that gap pretty well. I also have a particular technical skill set (from a past job) that will be useful for Business B.
2) I may be able to line up a faster transition to a role with increased responsibilities. This may result in a more rapid promotion, and Business B doesn't treat the next promotion level as such a gargantuan step. Chasing promotions is really not my main focus. It's more that I have having doors closed on me, or feeling not supported. It's a major demotivator.
3) There is a chance that I can get a pay raise in switching to the new group, but I wont know until I get the offer in hand. I am not sure how to de-risk this without actually applying for the job (which then clues in my current manager).
4) Business B has a stronger product pipeline and has more potential for growth and new/interesting products.
Cons:
1) Historically there has been some turmoil/drama in Business B, whereas Business A is more stable. The late-career fellows at Business B have developed somewhat of a toxic culture; new leadership/management is trying to control/squash this, but we'll see how it goes.
2) Depending on the exact role, I would still be in R&D but in a leveraged organization that might see it's work through all the way to manufacturing. Instead, they develop early stage technology and then hand it off. If I went this route, I'd probably strongly advocate for a stronger connection here, but don't know how this would play out.
3) I would have to give up my nice office for an open cubicle. On the one hand, this is not a huge deal and I'd try to come in, be 'all-business', and then leave for the day. On the other hand, I'm not sure if it will hinder my ability to focus due to distractions.
4) Have to start-over. I have switched groups a few times in my career and so this is not new to me... just acknowledging that it will take 6 months or so for me to get up to speed.