To stay or take new position with the company?

[alm99]

Right now I am faced with a decision to either leave my current position working retail hours in sales making ~50k to possibly taking a position with the same company working 8-5 monday through friday for about 12k less. It would be more of a lateral move than a promotion. If I stayed in the retail channel I would become an assistant manager within a month most likely, but still work in retail and probably make about the same. I have a small family, wife stays at home, two small children with a third on the way. I have been working retail hours for nearly 2 years, before that I worked m-f, weekends and holidays off.

It would be nice to have that schedule again, no longer have to deal with face to face customers, work weekends and holidays, but the pay would suck. However, if I take the new position I plan on going back to school to get my MBA on the companys dime.

I am really looking for questions, comments, or concerns...I am 28

 

[Schfifty Five]

switch, get MBA for free, get much better job after.

 

[imported_cheapdude]

You must not worth much to the company if they let you move to another position for less money.
I'd say no and demand the same compensation.

 

[alm99]

Originally posted by: cheapdude
You must not worth much to the company if they let you move to another position for less money.
I'd say no and demand the same compensation.

My current position is salary plus commission, sales. The other position is salary plus bonus on a quarterly basis. My base salary goes up with the position, but i lose the commission since i wont be in sales anymore.

 

[hans007]

look for a better company?

 

[Schfifty Five]

Getting an MBA will be far more useful/worth it in the long run...and not to mention that it will be paid for by the company thus saving you tens of thousands of $$$$.

 

[imported_cheapdude]

Originally posted by: alm99

Originally posted by: cheapdude
You must not worth much to the company if they let you move to another position for less money.
I'd say no and demand the same compensation.

My current position is salary plus commission, sales. The other position is salary plus bonus on a quarterly basis. My base salary goes up with the position, but i lose the commission since i wont be in sales anymore.

Negotiate a higher start thats in-line with your skills and contribution to the company.

Look for same offer in other companies, usually you can squeeze a few extra bucks for jumping ship since you are likely going to go without full benefits/retirement package at the new place, I never think much about the signing bonus as you need to keep in mind that you don't get that every year, some places might offer you a larger amount signing bonus and skim on your future salary. I remember that when I first graduated and I was choosing between offers, it was tempting to grab that 20k signing bonus for the job that pays less than my other offer. Ultimately I went to the company that I want to work for the most and demand them to match the signing bonus. I got it and quit after 2 years and went to the one who offering me the 20k signing bonus, except this time around they are paying me the most.

 

[alm99]

Up for more comments and thoughts

 

[snoopdoug1]

Originally posted by: Schfifty Five
switch, get MBA for free, get much better job after.

that's what i'd do.

 

[imported_cheapdude]

Originally posted by: alm99
Up for more comments and thoughts

You might want to elaborate a bit more on your current situation.
What type of sales do you work in, and is it one of those jobs that your commission > base salary? (usually thats not an issue if your are making over 6 figures, but at 50k if you say you are making 30 base and 20 commission. Thats clearly a sign that you are underpay.

38k is less than 20 bucks an hour, doesn't sound too promising as a desk job. What exactly will you be doing?

 

[alm99]

Originally posted by: cheapdude

Originally posted by: alm99
Up for more comments and thoughts

You might want to elaborate a bit more on your current situation.
What type of sales do you work in, and is it one of those jobs that your commission > base salary? (usually thats not an issue if your are making over 6 figures, but at 50k if you say you are making 30 base and 20 commission. Thats clearly a sign that you are underpay.

38k is less than 20 bucks an hour, doesn't sound too promising as a desk job. What exactly will you be doing?

base is 29k, commission target is 14k = ~43k if you just hit quota. I exceeded quota last year mainly because we were under staffed. Now though we are fully staffed and do not anticipate to make nearly as much.

New position will be mainly support of b2b reps in the field, with a small quota of my own to meet.

 

[OrByte]

go where the opportunities are.

Doesn't sound like much to look forward to where you are at now. If you take the lower paying job and can get by, maybe there are advancement opportunities there.

plus, you have kids that would like to spend time with you on the weekends...nothing wrong with that.

 

[Vette73]

Originally posted by: snoopdoug1

Originally posted by: Schfifty Five
switch, get MBA for free, get much better job after.

that's what i'd do.

:thumbsup:

 

[kranky]

I think you first have to determine what the cost of the MBA is. If it takes you two years, you will have sacrificed about $18,000 (after taxes) to get it. So even though the company is paying the tuition, you're investing $18,000 as well. Then you have to figure what it's worth to have the schedule you want.

I'm not suggesting getting the MBA isn't worth it - just that it might be worth looking at what it would cost to pay for it yourself while keeping the current job. Also factor in any potential income tax breaks you'd get from paying for school yourself.

In any event, get the MBA done as quickly as you can so you can start reaping the benefits. Even though it will be challenging to work full-time while going to school, it's worth pushing through it as fast as you can to get it over with.