I am probably over thinking the situation but looking for input from you
old folks who have been down this road. At my current job as you may
recall, we went thru an acquisition last year and within 2 months they
laid off half of our department, and actually half of the entire company
without any sort of plan in place at all. It was months of guessing
what was going to happen, people scrambling to help cover customers
etc. Our front line support and data was mostly moved overseas to
India. Since then it seems like they continue to change the
expectations, they seem to micromanage, have tracking software on our
computers etc, whatever. We have also in addition to the folks laid off
have continued to hemorrhage people to the point where there seem to be
very few people left in the company that actually know the products
fully. On the other hand we have had people leave then come back I
guess because the grass was not greener. They did change our bonus
structure to where it is paid on a monthly basis rather than quarterly.
This has resulted in most of us making more (sometimes a lot more)
money. We as a company apparently continue to lose accounts and from
looking at the list of new accounts coming on, I am thinking we are
losing more than we have coming on.
A while back we went thru the standard annual review process and were
told we would be getting our annual increases in April. By May we still
did not have them and were told it should be soon and we would get retro
pay. Last month it was announced there would be no increases. It would
not have been much but was the principle. Basically it seems this is a
company that can't be trusted. However, they have been back to hiring
more folks because they figured out they let too many people go and did
not anticipate the additional people that would leave. We have recently
had many product issues and had a couple of times where our software
went completely down, in fact it was down most of the day the last day
of the month when dealers are trying to get deals done.
Back to the bonus thing. They changed our bonus to where we are now
making more money, but what is to stop them from thinking we are making
too much and they change it again? Also, I just found out they are
going to outsource our implementations to a 3rd party company. This is
basically where our implementation folks would go to a dealership and
spend a week training them on our products and getting everything up and
going. I am not sure how this could be farmed out. If so, what is to
stop them from outsourcing the ongoing consulting and support my team
provides?
So, last year I had 2 job offers at the same time come in. I took one
of them, gave my notice, then the new company rescinded the offer the
Friday before I was supposed to start. I turned down the 2nd job and
ended up staying where I am at. I am sure this burned some, or a lot,
of my equity here. Last week I got contacted by a guy who was our top
sales person. He went to work at the 2nd company that made me an offer
as their VP of sales. They have since merged with another company and
are in a big growth mode. They do credit compliance stuff for
dealerships. Anyway long story short, I have another offer on the table
from them. This time they raised their offer by a decent amount.
Now, here is the dilemma. It is a travel job like I have now, but
currently I for the most part just drive regionally. This will be back
to national air travel which I guess is OK. The actually travel time on
the road at worse case will probably be the same as I am now, or could
potentially be less (2 weeks vs 3 currently). The difference is right
now I pretty much have control over where and when I will be gone. With
this job it would be a little less flexible in that regard.
The bigger question comes to pay. On the surface it is a pretty good
increase. However since they are a smaller company the insurance costs
are more. They offer a plan that costs pretty close to the same as what
I currently have but is a huge $12k family deductible. On the other end
of the scale they have a plan with a much smaller $1500 family
deductible vs the $4k I currently have. Running numbers, if I compare it
to what I have made so far this year, I would be making less after
factoring in premiums. However, I have no confidence that figure will
hold true into next year. I have also ran the numbers averaging it out
over what I have made the entire time at the company and in that case, I
come out a good amount ahead at the new job. I am basing things on a
conservative estimate of bonus potential at the new job. I can run a
different set of scenarios and come up about even.
So I guess those are the questions, there seems to be a culture of
distrust at current job, although I would imagine it to be secure but
then again, this is the company that laid off people with no warning and
no plan in place. New company seems to be on an upward trajectory but is
small at the moment. They claim to have a very low churn with
employees. Those that come on board stay for years. If pay is
calculated on years past at current job, its a good bump, but if it is
compared with this year, its less. The mystery is if that continues
next year. Basically would be going from a very large international
company to a small family owned company that is in growth mode that has
recently partnered with a private equity firm and will potentially be
doing more acquisitions in the future. Anybody who has been thru a
similar sort of deal have any thoughts or input on things I might be
overthinking, or not thinking about at all?
_______________________________________
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change delivery options go to:
http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
