(US)
I'm currently a VP at a smallish NY Investment Banking firm. My base is low 6 figures, but in this industry bonuses make a large % of comp. My total comp is around 350k. I've been in this position for 2 years and networking like crazy. I recently received a job office. Sr VP of one of the larger Barclays division.
I really feel out of my depth. I only manage around 12 people currently. I like my job but I really like the money. The new job would have me relocating to London. The salary is 325 GBP.
My main question is does this make financial sense? I'll be paying relocation costs out of pocket. I was planning to be in my current position for 5+ years, ideally eventually eyeing a Director/Board level position which would be significantly more than both my current salary + new salary combined. I feel like moving up in Barclays would be much more difficult than in my current position thus creating a lower "salary cap"
Am I making any sense? My head is in the clouds right now as I wasn't expecting an offer like this.
Appreciate any help.
EDIT: I'm living in the US and legally working, but I'm not a citizen. Not sure how this impacts my tax obligations as citizens would have to pay tax in Britain correct?
Submitted December 03, 2018 at 10:56PM by alyssamay https://ift.tt/2FY2ux0
