Hi all,
I posted here a year or so ago about a career option I had and received good advice ... so here I go again (in the infamous words of David Coverdale).
I am currently employed in my chosen career field making $X. The company I work for is up for sale and in the past four months has had one possible buyer look and say no and a second buyer that is still negotiating the price. I took this job to help relocate back to our preferred location where my significant other is gainfully employed (tenured). My current company is relatively small, has not paid bonuses for 4 years, and has an "interesting" culture. The company that will buy us is located in a different state (where we will not move). I had a great year, driving sales in my category by 14% (company total was 7%, I manage about half of the business).
I have an offer on the table from a much larger company with several divisions in our town. The total compensation would be a base + signing bonus + annual bonus that would equal what I make now. The position would be a lateral, but with the stated expectation that I am the "Marketing Director in Training." Additionally, based on a good review, my salary should increase by 13% next year, bringing me closer to my current compensation ... not to mention the increase with a promotion to Marketing Director. There are other intangible benefits to the larger company, including better medical, flex time, shorter commute, but I am still giving up a bit of my "base" pay to make the move. A key point of consideration is the opportunity to stay long-term at this company since we are not planning on moving.
I'm not sure what the company buying us will do, but the last two companies they purchased have been moved to the corporate HQ (in the state we will not move to).
I've been looking extensively for about 2 months, and I am down to this one offer. Any thoughts?
Thanks, drn92
I posted here a year or so ago about a career option I had and received good advice ... so here I go again (in the infamous words of David Coverdale).
I am currently employed in my chosen career field making $X. The company I work for is up for sale and in the past four months has had one possible buyer look and say no and a second buyer that is still negotiating the price. I took this job to help relocate back to our preferred location where my significant other is gainfully employed (tenured). My current company is relatively small, has not paid bonuses for 4 years, and has an "interesting" culture. The company that will buy us is located in a different state (where we will not move). I had a great year, driving sales in my category by 14% (company total was 7%, I manage about half of the business).
I have an offer on the table from a much larger company with several divisions in our town. The total compensation would be a base + signing bonus + annual bonus that would equal what I make now. The position would be a lateral, but with the stated expectation that I am the "Marketing Director in Training." Additionally, based on a good review, my salary should increase by 13% next year, bringing me closer to my current compensation ... not to mention the increase with a promotion to Marketing Director. There are other intangible benefits to the larger company, including better medical, flex time, shorter commute, but I am still giving up a bit of my "base" pay to make the move. A key point of consideration is the opportunity to stay long-term at this company since we are not planning on moving.
I'm not sure what the company buying us will do, but the last two companies they purchased have been moved to the corporate HQ (in the state we will not move to).
I've been looking extensively for about 2 months, and I am down to this one offer. Any thoughts?
Thanks, drn92