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So Thursday last week I get called by a senior partner dude I know and asked if I could be interested in a job opportunity he knows about for a contact of his . I proclaimed my love of my current job ( the senior partner dude is extremely good friends with my boss ) but said I would be willing to hear about something if it were "clearly better"-- Management role-- bump in money etc etc. Short version- within a couple of days I meet with the president of the company and he is offering me the job on the spot.
I thought it over and turned it down today -- but I do have mixed feelings-- here was my analysis
A new area for me so work would be more interesting (PLUS)
I really like my current team and role ( NEGATIVE)
I would be the senior lawyer in the company but they would not offer me the general counsel slot. That was considered to be senior management ad he said they would leave it vacant and consider promoting me into that spot in 6-12 months. ( Overall PLUS although as the senior lawyer I think I would be pretty much doing the General Counsel Role form the outset without the official; authority-- )
Company is large and well funded but relatively unknown among my acquaintances. (Slight negative- uncertainty)
President , ownership and almost all senior managers are Italian (Neutral-- possible travel plus-- possible cultural/legal differences potential minus)
It was an engineering construction firm ( Neutral--)
Holidays are less ( BIG MINUS-- I have come to really really enjoy my generous holiday package)
Compensation overall was less (BIG MINUS-- they were willing to exceed my base salary by a fair bit but the bonus scheme was so much less and the pension was less so comp was less even before I considered my existing long tem incentive program---)So I make a little bit less this year and lot less for this year in the longer term when my long term stuff comes to roost)
Overall-- I think its the type of job I want and would like to move to, but with a young family the idea of working more days for less compensation just is impossible for me. He wouldn't really discuss compensation for the higher role but the discrepancy was so large on the comp side on what was offered , I think even as GC I would not have been ahead any money. Probably equivalent at best .
I still think it was the right call even though there was a part of me that wanted to take a chance etc etc
I thought it over and turned it down today -- but I do have mixed feelings-- here was my analysis
A new area for me so work would be more interesting (PLUS)
I really like my current team and role ( NEGATIVE)
I would be the senior lawyer in the company but they would not offer me the general counsel slot. That was considered to be senior management ad he said they would leave it vacant and consider promoting me into that spot in 6-12 months. ( Overall PLUS although as the senior lawyer I think I would be pretty much doing the General Counsel Role form the outset without the official; authority-- )
Company is large and well funded but relatively unknown among my acquaintances. (Slight negative- uncertainty)
President , ownership and almost all senior managers are Italian (Neutral-- possible travel plus-- possible cultural/legal differences potential minus)
It was an engineering construction firm ( Neutral--)
Holidays are less ( BIG MINUS-- I have come to really really enjoy my generous holiday package)
Compensation overall was less (BIG MINUS-- they were willing to exceed my base salary by a fair bit but the bonus scheme was so much less and the pension was less so comp was less even before I considered my existing long tem incentive program---)So I make a little bit less this year and lot less for this year in the longer term when my long term stuff comes to roost)
Overall-- I think its the type of job I want and would like to move to, but with a young family the idea of working more days for less compensation just is impossible for me. He wouldn't really discuss compensation for the higher role but the discrepancy was so large on the comp side on what was offered , I think even as GC I would not have been ahead any money. Probably equivalent at best .
I still think it was the right call even though there was a part of me that wanted to take a chance etc etc
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