Some might remember my last topic. Well. I didnt get the job I interviewed for (which would have been a promotion in a sense). But they came back and essentially made me a lateral offer for the same thing I do now. But less money.
Pros:
- Its a much smaller company and team (series B startup). So they are saying that they can better train me to help me learn more leadership skills. Which I am not getting at my current company.
- Smaller companies mean fast track opportunity wise
- I like their product much better. I think they have a good future. Others in the industry have similar feelings that they will be big some day. They have big money backing them
- My current company scaled too much during Covid and I fear layoffs are coming. Our bonuses have already been cut and other measures have been taken to reduce certain benefits and slow down hiring. From what I hear from an internal leadership source, revenue from our product is going down to below pre-Covid levels. The writing is on the wall
- The culture seems more fun and laid back.
Cons
- Starting over once again. I am on track for promo here. My company claims its just timing and when they need another lead it will be me. But how long should I wait around? Ive been here one year now. They say its the market slow down so they dont foresee growth anytime soon
- Less money as mentioned. 25k less to be exact. But since our bonuses are trending down who knows if this will be that big of a gap
- The benefits arent as good. My family is on my current plan and its amazing
- Risk the startup doesnt take off and I am out of a job. I do get equity though so if it is successful I can get big bux
Thoughts?