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Should I Stay or Go?
I work in a unique environment. The company I work for has a partnership with another company. I work for company X, but company Y pays my salary. I report to managers with both companies. I have two concerns. One is that I don't have a good working relationship with my company X manager. Also, after coming to work, I found out company X hasn't given a raise in six years. The job itself is fine, and it is near my hometown. I have a job offer that would take me out of the area. I would get a 10% salary increase. And I would not report to multiple managers. It would require relocation. I am absolutely torn. What things should I consider in making the decision to stay or go?
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Some things that you should consider are family happiness (don't forget parents, and certainly think of children if applicable). Think of the area of the new job, think of the atmosphere, think of the hours and the job itself. Consider what tasks that job entails. Ask yourself, "Will I be happy doing x, y, and z for this many hours a day? Am I happy with the area and public works of the area? Can I afford a decent house or apartment there? Will it be an overall good place for me live?" I hope I helped, and I wish the best of luck with this difficult time.
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It has been said that changing jobs is one of life's great stresses. And having had some complicated working situations myself, I can at least relate on some level.
On the surface, it does sound like the job offer that is on the table might be the way to go. However, it is never a good idea to jump into anything without considering all factors.
First off, how important is it that you live where you do now? Moving is another big stessor and two major life changes at once could be a huge challenge. The new company is willing to pay to 10% higher right away but I'd investigate their reputation as an employer and see if you can get any info on what they do when it comes to raises.
All in all, do your homework and go with what feels right.
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The first and only thing to consider is what is best for you. That does not necessarily mean that the 10% raise is the best thing as you have to look at other things to see if it is truly a raise in salary.
Given the state of the economy in the last six to eight years it is not unusual for many companies not to give out raises. Some have done so as to avoid downsizing to maintain as many of their pre-downturn employees as possible. Other companies have other reasons some valid and some not so valid.
The first question you need to answer is; why has this company not given raises in 6 years? What are the chances they will give raises in the future?
The next thing is to take a good look at what is involved in relocation. The old saying that; "The grass is greener on the other side of the fence, is in play here. Many times the grass looks greener and when you get there you find out its crabgrass.
The first thing to look at is the cost of living in the new location. Is it going to cost you more to live there? If so how much of the increased cost of living is going to eat into the 10% raise? Things to look at are apartment rents, utilities, transportation cost, insurance and groceries plus entertainment. Just about every item on you budget list.
The second questions: Requires you to compare the cost of living in the new area to what it is costing you now to see if the new area will be higher and if so how much?
The next question is more intrinsic in nature the value of which only you can put on it. That is what do you leave behind that you can't take with you or replace in your new home town. This would include friends and family that remain behind. How far it to come back to visit and what is the cost both in the intrinsic and real dollar value?
Once you have done your due diligence and research you can make an educated decision. No one but you can make the decision for you. After looking at your research and adding in the things like not reporting to two different managers. You look at the pros and cons and if monetarily everything is equal or does not eat up all of the raise then moving to take the new position might be the right option. Only you can make that choice.
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