Should I take a 65% pay increase? - Page 2

  • Creator
    Topic
  • #198738
    Anonymous
    Inactive

    The scenario is this:

    I work for a mid-size accounting firm in south texas. I really like working here. My co-workers are smart and fun to work with. My manager is great and is always willing to teach. My boss is very reasonable and cares for his workers. I have 8+ years of experience in auditing and that’s pretty much all I have done since I graduated from college.

    An insurance company recently contacted me through linkedin. After e-mailing back and for with the CFO, I got an offer to be the controller and the salary is about 65% higher than my current salary. With this offer, I will be in the six figures category. For obvious reasons, I am very intrigued by the offer and I am considering taking it. I do not know much about the insurance industry but I don’t think it can be harder than the audits I am used to in-charged.

    The question is: Should I stay at my current job where I feel very comfortable and I feel familiar in the industry or should I challenge myself and test this new opportunity?

    Have some of you dealt with this kind of scenarios? I would like to know what decision you made and if you feel you made the right decision. I appreciate the time for reading my post. Have a nice day.

Viewing 2 replies - 16 through 17 (of 17 total)
  • Author
    Replies
  • #750210
    Anonymous
    Inactive

    I would be nervous about what I have to give up for the 65% salary increase. With that said, I am big on work/life balance and not being stressed out about work when I get home, but I realize that's not how everyone thinks.

    #750211
    nyclife
    Participant

    @ Amado – Do you want to make more money and open more opportunities or are comfortable doing what you're doing? There is no free lunch. You're paid more to do more. Once you realize which priority is more important, then you have your decision.

    You will have a supervisor, the CFO. They already know you don't have the experience. They're offering you more based on your potential – a competent executive who may stay for a long time. A company can't attract quality without compensating employees properly. Welcome to the big leagues (of the workplace). I'm confident if you didn't disclose the exact details of the compensation, your current employer would touch upon the idea of a counteroffer. If you tell them the details, a counteroffer will not happen.

Viewing 2 replies - 16 through 17 (of 17 total)
  • The topic ‘Should I take a 65% pay increase? - Page 2’ is closed to new replies.