Leave my job or stay ?

Question

my job pays a lot , but job prospects are low ...

i'm considering another job but the pay is lower are there is no bonus for the next or so since i joined late in the year

the OT is twice as low ... bonus is based on profit sharing..
the salary is lower too . .
the only plus side is that i get to learn lotsa things...maybe...

any opinions might help !

Answer 1

Staying at your current job will show stability - you don't bounce around. Companies like that. However, ask yourself if you will get ahead by staying there. Will you be able to take on more responsibility? Get promoted? Access new training or an advanced degree?

The new job will offer new opportunities to learn. What are the odds you'll stay there for 3 years or more? Will there be better advancement opportunities? Is the management the sort you can get along with?

Then you have to look beyond pay. What are the benefits like? Health insurance, dental, vision? Paid time off? How long at the new job before you can use time off? Vacation? Sick days? Paternal leave? Short and long term disability? Long term care insurance? Pet insurance? Tuition reimbursement?

Think about where you'll be in 5 years. Choose the place where you can see yourself having moved up at least once, has overall better benefits, and will provide the kind of lifestyle you want for yourself & your family. If you're not married and don't have kids yet, think about how much time you'll need to take off for wedding & honeymoon and whether any parental leave is paid for when the kids arrive. Also think about whether there will be enough vacation time for you to enjoy the money you make.

Answer 2

This article on that topic is on the Front Page of Yahoo today. I thought it was pretty good advice, and I am an H.R. person.

These signs can help you decide whether it's time to quit:


1. You truly hate what you do.


Let's start with a simple question: Do you hate what you do? If the answer is yes, the next question is not should you quit your job, but when will you quit your job.


I have no idea what your financial overhead amounts to or what your debt is. What I do know is that even though life is short, doing something with it that you hate will only make it seem very long and very miserable.


I've dedicated my life to teaching others how to be smarter with their money because I believe that money frees people to live great lives. And I've learned that, for many people, the goal of setting aside six months' worth of expenses is often enough to free them from a job they hate.


But it can often take even less than that. Sometimes you simply need to quit your job before everything is perfect, because life is worth more than money.


2. You asked for a raise and the answer was "no."


If you're truly working your butt off week after week, month after month, and year after year, and you're not getting raises or growing your income, something is wrong. You can attempt to rationalize the situation, or you can do something about it.



Even if you get just the national average annual raise (a little less than 4 percent), in five years you will have increased your income by over 20 percent. You need these increases to be able to keep your head above water financially. The increase in the cost of gas alone requires that you earn a raise.


However -- and this is important -- the key is that you earn it. I'm not talking about taking the attitude "give me a raise because of inflation." That will get you nowhere.


3. You work for a company you don't respect.


If you're not being paid well and not getting raises, and on top of that you don't respect the company where you spend 40 hours or more a week, that's a pretty amazing sign that it's time to come up with a plan to quit.


So be honest with yourself right now: Do you respect the company you work for? Do you like what it stands for? Do you like what it does? Does it care about you and its customers? Does it have a plan for the future, or is it living in the past?


4. You work for a company that doesn't respect you.


The fact is that not all companies are created equal. There are bad, good, and great companies, and they all treat their people in radically different ways.


Does your company respect you? You pretty much know the answer, don't you? Here's a powerful list of the top 100 companies to work for. Year after year, these companies win awards for treating their employees with respect.


5. You're bored to death and not challenged.


This is the hardest sign to recognize because it can change over time. You may be one promotion away from new opportunities, but things can be pretty brutal if you've been bored out of your mind for years.


It can happen, by the way, even when you're experiencing tremendous success, getting raises, and working for a great company. It can happen when you run your own business. It can happen when you've worked for 5, 10, 20, or 30 years and achieved all you ever dreamed of achieving. And, yes, it can happen even sooner than that.


Plan Before You Go


Often, we reach a point where what we do simply doesn't work anymore. We're not fulfilled. At that point, you have to ask yourself if it's time to change where you are, or what you do where you are.


I'm not being cavalier here by suggesting that you simply quit your job today. What I am suggesting is that you think about these five signs. Ask yourself the questions. Talk them over with someone you love. If you already know that the answer is "yes, it's time to quit," then it's time to start planning the "I quit" date.


Be smart, think it through, and once the decision is made, congratulate yourself for not settling on the status quo. Quitting a job often requires that you step outside your comfort zone -- not always an easy thing to do. But once you've done it, new and exciting opportunities await. Good luck.

Answer 3

I am in the same boat as you are. I am currently looking out for better options elsewhere and trying to negotiate a good salary in an Investment Bank (they offered me less than half of what I am currently getting). Other than that, I do not think I should sacrifice my long-term earnings ability just so that I won't get bored. In any case, even if my career growth is not as fast as I wanted it to be, I am considering taking up a doctorate and expanding my job scope so that I can keep myself challenged. I think you should do the same until you get a dream job that pays well!

Answer 4

If you are just looking for money in your life, don't do it. It sounds lousy. However if you are trying to increase your knowledge in your current profession, maybe it's worth it to learn some new things. Especially if your current job isn't offering any growth opportunites. Who knows, maybe learning some new info will open up doors for better jobs in the future. Good luck!

Answer 5

maybe you should wait to see if you get the offer for the other job, before you leave your present job

or you could just leave your present job & spend some time doing stuff not work related. if you choose to take some time off, then tell me & we can see what we could go do.

Answer 6

I'm going through that right now and i think I'm going to change jobs and learn more sooner or later the money will come.

Answer 7

stay at old job
unless u like the other 1 a lot

Answer 8

Stay only if you really want to and enjoy what you are doing, if you don't like it then leave.

Answer 9

personally i would stick with the money ("maybe" doesn't sound good), but it also depends whether or not you hate your job, and what your priorities are

Answer 10

is this the same sort of job just at a differnt place of employment?...