Current job details:
102k salary
No bonus
No match
Good health insurance
3 weeks PTO
Well respected, treated very well
Great work/life balance
The financial outlook for the company is rocky. They have significant debts and some serious challenges to overcome. It’s possible the company goes under at some point in the future. It’s also possible the company survives in which case I’ll be extremely well-positioned. The potential is great at this company but the risk is too.
New job offer:
100k salary
Up to 15% bonus
4% match
Great health insurance
3 weeks PTO
Will have to work more hours and do a bit of traveling
Huge, stable company
When I told my boss I had a good job offer, he looked panicked and basically told me that we would work out whatever salary and vacation it takes to keep me. He is going to make me a substantial pay raise and vacation increase offer to stay tomorrow. I love my boss and I love working for the company though it is sometimes stressful working for a company with financial strain. My boss sees me as a big part of getting the company on the right track and even mentioned future potential of ownership interest if things get turned around. It’s possible we right the ship but it’s also possible we don’t and I’m out of a job altogether. It’s very hard to predict exactly when and how likely it is that all that could happen.
I don’t think that I can easily find another job offer like the one I’ve got on the table. It’s a really good job but I also won’t have the same executive leader type potential that I have at the smaller company. If my current company goes under, I would be able to find a job but it probably wouldn’t be as good as this one.
My SO has a stable career and makes more than me. No kids or debt other than mortgage.
Before I talked to my boss, my plan would have been to counter the job offer at 110k and 4 weeks PTO. Now I am expecting my boss to offer me about 125k and 5 weeks PTO to stay. How should I play this? He’s all but told me to name my salary.
Submitted May 05, 2019 at 06:18AM by FIREbeforeFORTY http://bit.ly/2J3pj3h
