TLDR: Just started working at my dream company, but immediately offered another job for a lot more money that would allow me to cut loan repayment time in half. Can I take the offer without blacklisting myself at my current company?
Hi PF, I have found myself in a very challenging, but fortunate, position. I will do my best to summarize below.
LOANS: I have about $70k in student loans (~$35k private at 6.25% and ~$35k federal at 5.00%). Currently paying $1000/month on the private and $375/month on the federal.
CURRENT JOB: 4 weeks ago I started a new job with a great company that I have been trying to work for since I graduated last summer. I am making $72k annually and have a ton of growth opportunities within this company since it is very large and encourages different career paths. Simply having this company on my resume will open up tons of opportunity down the line.
DILEMMA: I was just approached by a past colleague of mine with a job offer of $100k a year. He is building an engineering department from scratch at his new company and wants me to be his first hire there and help him along the way and eventually be the manager when they hire more help. The company itself is established and does $2bil+ in revenue a year, so I do not see a ton of risk from that perspective.
I have no idea what to do. I have always wanted to work for the company that I just got a job with, but this new opportunity would give me the ability to pay off my loans in only a couple of years. Would I be crazy to turn down the ~40% raise I am being offered? Is it possible to quit the new job that I just started and not burn any bridges? Any suggestions/advice would be greatly appreciated.
Thank you in advance!
Submitted August 05, 2017 at 01:12PM by catch_home832 http://ift.tt/2uuDeUp