I felt like I was not making what I was worth at my current engineering job, and after getting a decent but not good enough raise, I decided to look for a new opportunity. I got an offer for about 25% more than I’m making now in a safe government position. I submitted my resignation and explained to my boss that pay and schedule flexibility were my main concerns. The next day I received a counter offer that caught me off guard.
the counteroffer
I will be reclassified as a contractor and will be able to work at home or in office and set my own hours. I will also receive a 65% pay increase, but will lose all other benefits.
This is a smaller company and I am in the middle of a big project and have some new projects on the horizon. I enjoy this job and my commute is less than 2 minutes.
question
When considering benefits and tax differences, both offers have similar pay. I am tempted to accept the counteroffer because the freedom and flexibility is very appealing to me. I could also start working on some projects independently or for other companies. My concern is that after I have finished some key projects they could easily replace me. Unfortunately, I have no way to know how long I would continue to receive work as a contractor and obviously there is no guarantee on hours per week.
Is this type of arrangement common or am I making a mistake? Any thoughts or advice would be appreciated.
Submitted January 06, 2022 at 08:59AM by FoxyBurry https://ift.tt/3JOtpsc
