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Author Topic: Dilemma - Whats important - Net Pay or Job Title  (Read 2378 times)

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Markie

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Dilemma - Whats important - Net Pay or Job Title
« on: 26 March 2008, 15:26:29 »

Got a dilemma folks...

I run the highest grossing sales team in my company - by a mile. As such i take home more money than my boss - and not just a one off - its been this way for 18 months.

Now i am being pushed and pushed to go for a newly created role which would sit between mines and my current boss`s role.

I initially refused to entertain it but i keep getting pushed and coaxed into considoring it.

The problem for me is that the role - despite being maybe 3-4k better off basic would at the present time rob me of £500 a month in bonus.  Bonus for the newjob is based on the department and not just my high performing teams so the dross is included and brings the figure down  ::)

So its a case of take the job - slightly more favourable hours and a more prestegious title or stay where I am and be accused of lacking ambition but making more money.

What would you do - Money is my motivator and as for career - well i plan to retire when i am 40 anyway  ::) However the new job would be the platform to move into a bigger role in 12-18months....Maybe....
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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #1 on: 26 March 2008, 15:48:15 »

i'd be happy sitting back being accused of whatever they want to accuse me of, as long as i'm still getting the higher pay, and my working life not being made a living nightmare

in 12-18 months would the bigger role be even better paid than what you get now?
« Last Edit: 26 March 2008, 15:48:58 by D4NNY »
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zippo

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #2 on: 26 March 2008, 15:52:18 »

money wins , let them say what they want . Job titles don't pay the bills
 :y :y :y
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tunnie

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #3 on: 26 March 2008, 15:55:28 »

i'd say hang back, more money, less responsbility.
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Markie

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #4 on: 26 March 2008, 15:56:50 »

Quote
i'd be happy sitting back being accused of whatever they want to accuse me of, as long as i'm still getting the higher pay, and my working life not being made a living nightmare

in 12-18 months would the bigger role be even better paid than what you get now?


Bigger role in 12 - 18 months would give probably another 15k. However theres nothing with my current company to suggest that they are looking to groom me into a bigger role.

It would simply give me the cv that would then let me apply for ...

My gut instinct is to stay where i am - i work to live not live to work.

 :-/
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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #5 on: 26 March 2008, 15:58:01 »

Quote
Quote
i'd be happy sitting back being accused of whatever they want to accuse me of, as long as i'm still getting the higher pay, and my working life not being made a living nightmare

in 12-18 months would the bigger role be even better paid than what you get now?


Bigger role in 12 - 18 months would give probably another 15k. However theres nothing with my current company to suggest that they are looking to groom me into a bigger role.

It would simply give me the cv that would then let me apply for ...

My gut instinct is to stay where i am - i work to live not live to work.

 :-/

Stay where you are to pile money into your other projects
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Markie

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #6 on: 26 March 2008, 15:59:48 »

Quote
Quote
Quote
i'd be happy sitting back being accused of whatever they want to accuse me of, as long as i'm still getting the higher pay, and my working life not being made a living nightmare

in 12-18 months would the bigger role be even better paid than what you get now?

Bigger role in 12 - 18 months would give probably another 15k. However theres nothing with my current company to suggest that they are looking to groom me into a bigger role.

It would simply give me the cv that would then let me apply for ...

My gut instinct is to stay where i am - i work to live not live to work.

 :-/

Stay where you are to pile money into your other projects


You think too much like me Tunnie  ;D I get easy money and an easy life doing what I am doing which lets me run the thriving little empires at home  ;)
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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #7 on: 26 March 2008, 16:00:23 »

Quote
Quote
Quote
i'd be happy sitting back being accused of whatever they want to accuse me of, as long as i'm still getting the higher pay, and my working life not being made a living nightmare

in 12-18 months would the bigger role be even better paid than what you get now?


Bigger role in 12 - 18 months would give probably another 15k. However theres nothing with my current company to suggest that they are looking to groom me into a bigger role.

It would simply give me the cv that would then let me apply for ...

My gut instinct is to stay where i am - i work to live not live to work.

 :-/

Stay where you are to pile money into your other projects

agreed
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Marks DTM Calib

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #8 on: 26 March 2008, 16:16:32 »

Hmmm.....do the bonuses count towards your pension?

I would go with the promo.....but thats me.
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Kevin Wood

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #9 on: 26 March 2008, 16:20:14 »

It's they who want to create this new role, and they who want you to move into it. Why should they get a bargain in with the deal? Why should it cost you?

I'd stick to my guns. If they still want you to move, they'll make it more attractive to you.  ;)

Kevin
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Markie

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #10 on: 26 March 2008, 16:26:40 »

Quote
Hmmm.....do the bonuses count towards your pension?

I would go with the promo.....but thats me.


Pension is non contrib and salary only - not including bonus....
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Marks DTM Calib

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #11 on: 26 March 2008, 16:34:00 »

Quote
Quote
Hmmm.....do the bonuses count towards your pension?

I would go with the promo.....but thats me.


Pension is non contrib and salary only - not including bonus....


So, the greater salary would be better for your pension which has to be taken into account.

Plus given the line of buisness your in, and the financial situation the world is moving into.....your Bonus might not be as big in 12 months time....or less.
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Markie

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #12 on: 26 March 2008, 16:55:05 »

Quote
Quote
Quote
Hmmm.....do the bonuses count towards your pension?

I would go with the promo.....but thats me.


Pension is non contrib and salary only - not including bonus....


So, the greater salary would be better for your pension which has to be taken into account.

Plus given the line of buisness your in, and the financial situation the world is moving into.....your Bonus might not be as big in 12 months time....or less.


Yep you have a point...no doubting it. The only thing i would add there is that if my bonus is lower in my current role then my bonus would also be lower in the potential role.....

Which would mean the only difference in the roles may come down to the base salary.....Im going to turn myself inside out over this one i think  ;D
« Last Edit: 26 March 2008, 16:55:59 by Markiec »
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Marks DTM Calib

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #13 on: 26 March 2008, 17:11:03 »

Quote
Quote
Quote
Quote
Hmmm.....do the bonuses count towards your pension?

I would go with the promo.....but thats me.


Pension is non contrib and salary only - not including bonus....


So, the greater salary would be better for your pension which has to be taken into account.

Plus given the line of buisness your in, and the financial situation the world is moving into.....your Bonus might not be as big in 12 months time....or less.


Yep you have a point...no doubting it. The only thing i would add there is that if my bonus is lower in my current role then my bonus would also be lower in the potential role.....

Which would mean the only difference in the roles may come down to the base salary.....Im going to turn myself inside out over this one i think  ;D

In which case the better base salary with the associated increase in pension contributions is a good thing.

Remember that the sale of mid to high end handsets has already fallen in quarter 1 as people pull in the purse strings.
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ians

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Re: Dilemma - Whats important - Net Pay or Job Title
« Reply #14 on: 26 March 2008, 17:51:35 »

If you think your net take home will possibly/likely be less AND it is they who want you to take the new role,  I would be asking for a guarantee that they will pay you at least what you are making now for the next , say, 2 years.

Remember a lot of things are keyed off basic salary (not least redundancy pay) so that does have significant value.
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