- This topic has 235 replies, 23 voices, and was last updated 15 years, 2 months ago by
Allan from Fallbrook.
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AuthorPosts
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January 31, 2008 at 4:13 PM #11681
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January 31, 2008 at 4:28 PM #146212
blahblahblah
ParticipantI dunno what to do.
Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.
You’re making and saving good money anyway, you should be fine no matter what you do.
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January 31, 2008 at 4:35 PM #146217
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
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January 31, 2008 at 4:43 PM #146232
CogSciGuy
ParticipantNo, Aecitia. No OT in management. Over the next 5 to 10 years, I don’t see any reason to feel the job security won’t be solid in either management or at my current position. However, I probably have a good 30 years left of being a working stiff and getting management experience and moving up the corporate ladder is something that would give me more options at other companies in a lay-off/downsizing type situation in the distant future.
Long term management gives me a better resume and more security to find good work elsewhere should this company ever turn on bad times.
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January 31, 2008 at 4:49 PM #146242
stansd
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can’t afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
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January 31, 2008 at 5:27 PM #146292
CogSciGuy
ParticipantYes stansd, it is a bit much.
But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.
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January 31, 2008 at 5:27 PM #146536
CogSciGuy
ParticipantYes stansd, it is a bit much.
But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.
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January 31, 2008 at 5:27 PM #146563
CogSciGuy
ParticipantYes stansd, it is a bit much.
But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.
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January 31, 2008 at 5:27 PM #146575
CogSciGuy
ParticipantYes stansd, it is a bit much.
But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.
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January 31, 2008 at 5:27 PM #146633
CogSciGuy
ParticipantYes stansd, it is a bit much.
But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.
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January 31, 2008 at 7:15 PM #146362
Coronita
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can't afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
Speaking from experience. The sob stories that people use to tell me at companies didn't really do it. The ones that came to me and told me what they brought to the table and what it would be like if they weren't there did work though, provided those people really did walk the talk so to speak. You do have to be tactful in saying this. But companies aren't usually sympathetic with people that just ask for a raise for because of some sob story. Just my opinion.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 7:15 PM #146606
Coronita
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can't afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
Speaking from experience. The sob stories that people use to tell me at companies didn't really do it. The ones that came to me and told me what they brought to the table and what it would be like if they weren't there did work though, provided those people really did walk the talk so to speak. You do have to be tactful in saying this. But companies aren't usually sympathetic with people that just ask for a raise for because of some sob story. Just my opinion.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 7:15 PM #146634
Coronita
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can't afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
Speaking from experience. The sob stories that people use to tell me at companies didn't really do it. The ones that came to me and told me what they brought to the table and what it would be like if they weren't there did work though, provided those people really did walk the talk so to speak. You do have to be tactful in saying this. But companies aren't usually sympathetic with people that just ask for a raise for because of some sob story. Just my opinion.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 7:15 PM #146645
Coronita
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can't afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
Speaking from experience. The sob stories that people use to tell me at companies didn't really do it. The ones that came to me and told me what they brought to the table and what it would be like if they weren't there did work though, provided those people really did walk the talk so to speak. You do have to be tactful in saying this. But companies aren't usually sympathetic with people that just ask for a raise for because of some sob story. Just my opinion.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 7:15 PM #146704
Coronita
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can't afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
Speaking from experience. The sob stories that people use to tell me at companies didn't really do it. The ones that came to me and told me what they brought to the table and what it would be like if they weren't there did work though, provided those people really did walk the talk so to speak. You do have to be tactful in saying this. But companies aren't usually sympathetic with people that just ask for a raise for because of some sob story. Just my opinion.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 4:49 PM #146486
stansd
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can’t afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
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January 31, 2008 at 4:49 PM #146513
stansd
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can’t afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
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January 31, 2008 at 4:49 PM #146525
stansd
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can’t afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
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January 31, 2008 at 4:49 PM #146585
stansd
ParticipantNegotiate, my friend…if the company is growing as rapidly as you say, they should be interested in negotiating, particularly if you play the sob story about how your fiance is in college, you can’t afford a house yet, and your fiance desperately wants to get pregnant. With a little luck you can equalize the salary plus get some options.
The whole scenario seems a bit odd to me. I can see a sales manager being bonus dependent based on performance, but for the manager to take that kind of a cut purely on the option opportunity seems to be a bit much.
Stan
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January 31, 2008 at 4:43 PM #146476
CogSciGuy
ParticipantNo, Aecitia. No OT in management. Over the next 5 to 10 years, I don’t see any reason to feel the job security won’t be solid in either management or at my current position. However, I probably have a good 30 years left of being a working stiff and getting management experience and moving up the corporate ladder is something that would give me more options at other companies in a lay-off/downsizing type situation in the distant future.
Long term management gives me a better resume and more security to find good work elsewhere should this company ever turn on bad times.
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January 31, 2008 at 4:43 PM #146503
CogSciGuy
ParticipantNo, Aecitia. No OT in management. Over the next 5 to 10 years, I don’t see any reason to feel the job security won’t be solid in either management or at my current position. However, I probably have a good 30 years left of being a working stiff and getting management experience and moving up the corporate ladder is something that would give me more options at other companies in a lay-off/downsizing type situation in the distant future.
Long term management gives me a better resume and more security to find good work elsewhere should this company ever turn on bad times.
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January 31, 2008 at 4:43 PM #146515
CogSciGuy
ParticipantNo, Aecitia. No OT in management. Over the next 5 to 10 years, I don’t see any reason to feel the job security won’t be solid in either management or at my current position. However, I probably have a good 30 years left of being a working stiff and getting management experience and moving up the corporate ladder is something that would give me more options at other companies in a lay-off/downsizing type situation in the distant future.
Long term management gives me a better resume and more security to find good work elsewhere should this company ever turn on bad times.
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January 31, 2008 at 4:43 PM #146574
CogSciGuy
ParticipantNo, Aecitia. No OT in management. Over the next 5 to 10 years, I don’t see any reason to feel the job security won’t be solid in either management or at my current position. However, I probably have a good 30 years left of being a working stiff and getting management experience and moving up the corporate ladder is something that would give me more options at other companies in a lay-off/downsizing type situation in the distant future.
Long term management gives me a better resume and more security to find good work elsewhere should this company ever turn on bad times.
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January 31, 2008 at 4:35 PM #146461
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
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January 31, 2008 at 4:35 PM #146488
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
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January 31, 2008 at 4:35 PM #146500
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
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January 31, 2008 at 4:35 PM #146559
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
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January 31, 2008 at 4:39 PM #146227
CogSciGuy
ParticipantPoint taken, CONCHO. On the other hand, I’m under no obligation to follow any bad advice I get here. I posted partially as an attempt to gather my own thoughts on the matter as well.
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January 31, 2008 at 4:39 PM #146471
CogSciGuy
ParticipantPoint taken, CONCHO. On the other hand, I’m under no obligation to follow any bad advice I get here. I posted partially as an attempt to gather my own thoughts on the matter as well.
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January 31, 2008 at 4:39 PM #146499
CogSciGuy
ParticipantPoint taken, CONCHO. On the other hand, I’m under no obligation to follow any bad advice I get here. I posted partially as an attempt to gather my own thoughts on the matter as well.
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January 31, 2008 at 4:39 PM #146508
CogSciGuy
ParticipantPoint taken, CONCHO. On the other hand, I’m under no obligation to follow any bad advice I get here. I posted partially as an attempt to gather my own thoughts on the matter as well.
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January 31, 2008 at 4:39 PM #146570
CogSciGuy
ParticipantPoint taken, CONCHO. On the other hand, I’m under no obligation to follow any bad advice I get here. I posted partially as an attempt to gather my own thoughts on the matter as well.
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January 31, 2008 at 4:28 PM #146456
blahblahblah
ParticipantI dunno what to do.
Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.
You’re making and saving good money anyway, you should be fine no matter what you do.
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January 31, 2008 at 4:28 PM #146483
blahblahblah
ParticipantI dunno what to do.
Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.
You’re making and saving good money anyway, you should be fine no matter what you do.
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January 31, 2008 at 4:28 PM #146495
blahblahblah
ParticipantI dunno what to do.
Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.
You’re making and saving good money anyway, you should be fine no matter what you do.
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January 31, 2008 at 4:28 PM #146554
blahblahblah
ParticipantI dunno what to do.
Asking for personal advice from a weird group (and I include myself here) of housing-obsessed blog readers is probably not the best idea. Honestly, there are some real oddballs here. I, for example, LOST MONEY INVESTING IN GOLD LAST YEAR. I’d like to give you some advice, but I’d probably do more harm than good.
You’re making and saving good money anyway, you should be fine no matter what you do.
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January 31, 2008 at 4:48 PM #146237
nostradamus
ParticipantIMO stock options mean nothing. It is an elusive dream that every company will have an IPO and the shareholders will strike it rich. I’ve been an engineer for 15 years now, and I only know one or two people who have become rich this way. Has anyone on this forum struck it rich this way? Know anyone who has? Do tell. The guys I know who got rich did so by starting a company then eventually being bought out.
For your situation my logic is simple, here are the options I see:
1. Take the promotion, work longer and harder for less pay, and *maybe* your stock options will pay off.
2. Don’t take the promotion and you’re guaranteed to make $30k more per year plus OT.Being a manager means being good at making business decisions. If I were you I would tell them about your wife-2b and tuition and saving for a home and so on. I think your promotion offer is insulting.
Now I have two questions: First, what’s up with paying for your wife-2b’s tuition? Next, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
BTW middle-managers are usually the first to go if there are ever layoffs.
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January 31, 2008 at 4:52 PM #146247
blahblahblah
ParticipantNext, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
He’s paying a lot of taxes on that $140K and I assume contributing to his 401K. If he can save an additional $24K-$36K per year, he’s saving a lot. Sure he could save more by living in a trailer and eating TV dinners, but come on, he’s doing pretty good here…
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January 31, 2008 at 5:07 PM #146267
WaitingToExhale
ParticipantIn my experience don’t take a lower paying job on the promise of an IPO. If you don’t like sales, or for another reason want the other job (like you have a kid and want to be home more often w/o the overtime, etc), then that might mitigate things. But if you like what you are doing, you’d be giving up $130K over the next two years alone for a lottery ticket.
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January 31, 2008 at 5:07 PM #146511
WaitingToExhale
ParticipantIn my experience don’t take a lower paying job on the promise of an IPO. If you don’t like sales, or for another reason want the other job (like you have a kid and want to be home more often w/o the overtime, etc), then that might mitigate things. But if you like what you are doing, you’d be giving up $130K over the next two years alone for a lottery ticket.
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January 31, 2008 at 5:07 PM #146539
WaitingToExhale
ParticipantIn my experience don’t take a lower paying job on the promise of an IPO. If you don’t like sales, or for another reason want the other job (like you have a kid and want to be home more often w/o the overtime, etc), then that might mitigate things. But if you like what you are doing, you’d be giving up $130K over the next two years alone for a lottery ticket.
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January 31, 2008 at 5:07 PM #146550
WaitingToExhale
ParticipantIn my experience don’t take a lower paying job on the promise of an IPO. If you don’t like sales, or for another reason want the other job (like you have a kid and want to be home more often w/o the overtime, etc), then that might mitigate things. But if you like what you are doing, you’d be giving up $130K over the next two years alone for a lottery ticket.
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January 31, 2008 at 5:07 PM #146609
WaitingToExhale
ParticipantIn my experience don’t take a lower paying job on the promise of an IPO. If you don’t like sales, or for another reason want the other job (like you have a kid and want to be home more often w/o the overtime, etc), then that might mitigate things. But if you like what you are doing, you’d be giving up $130K over the next two years alone for a lottery ticket.
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January 31, 2008 at 5:11 PM #146277
nostradamus
ParticipantCONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.
I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!
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January 31, 2008 at 5:20 PM #146282
nostradamus
ParticipantMy gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.
You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.
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January 31, 2008 at 5:29 PM #146297
blahblahblah
ParticipantI have lived quite comfortably for some time now on $2.5k per month
Really? If your rent is $1500/mo, you’ve only got $1K/month left. That’s $33 a day for food, gas, tires, doctor’s visits, surfobard wax, etc… You’re frugal, dude! Hopefully your girlfriend or wife is too or she’ll be complaining haha…
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January 31, 2008 at 5:59 PM #146317
nostradamus
ParticipantReally? If your rent is $1500/mo, you've only got $1K/month left. That's $33 a day for food, gas, tires, doctor's visits, surfobard wax, etc… You're frugal, dude! Hopefully your girlfriend or wife is too or she'll be complaining haha…
That sounds about right. I’ll take it one step further and call myself a CHEAP BASTARD. Truly some of the best things in life are free.
I had one other thought: you may want to research salary statistics for the management position and negotiate with that. Better yet, go to some interviews at other companies to see if you get better offers, then come back to the one you’re at and see if they’ll play ball. Don’t be emotional or let them play on your loyalty. That’s all BS and if the bottom line was improved by laying you off, any company will do it in a heartbeat. The job of your manager is to get you to do the most work possible for the least pay. Keep that in mind.
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January 31, 2008 at 6:24 PM #146327
Navydoc
ParticipantCogSciGuy:
A lot goes into the thought process in leaving a sales job for management. The most important in my mind is how much do you enjoy being a salesman? Before I went into medicine I was a furniture salesman, and the top salespeople always made more than the management. That was certainly true for me in the first year or so when I really enjoyed it. After I started to burn out I saw my income decrease to about half of what it was before. Nothing to do with the economy, my heart simply wasn’t in it anymore. Had I considered a move into management at that time, who knows, I might still be in that business.
If you find yourself tired of what you’re doing the move might make sense. If you’re a consistent producer that can see yourself doing the same thing for years, it may not. Whatever you do, rest assured that your sales skills will help you tremendously in whatever you decide to do.
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January 31, 2008 at 6:24 PM #146571
Navydoc
ParticipantCogSciGuy:
A lot goes into the thought process in leaving a sales job for management. The most important in my mind is how much do you enjoy being a salesman? Before I went into medicine I was a furniture salesman, and the top salespeople always made more than the management. That was certainly true for me in the first year or so when I really enjoyed it. After I started to burn out I saw my income decrease to about half of what it was before. Nothing to do with the economy, my heart simply wasn’t in it anymore. Had I considered a move into management at that time, who knows, I might still be in that business.
If you find yourself tired of what you’re doing the move might make sense. If you’re a consistent producer that can see yourself doing the same thing for years, it may not. Whatever you do, rest assured that your sales skills will help you tremendously in whatever you decide to do.
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January 31, 2008 at 6:24 PM #146599
Navydoc
ParticipantCogSciGuy:
A lot goes into the thought process in leaving a sales job for management. The most important in my mind is how much do you enjoy being a salesman? Before I went into medicine I was a furniture salesman, and the top salespeople always made more than the management. That was certainly true for me in the first year or so when I really enjoyed it. After I started to burn out I saw my income decrease to about half of what it was before. Nothing to do with the economy, my heart simply wasn’t in it anymore. Had I considered a move into management at that time, who knows, I might still be in that business.
If you find yourself tired of what you’re doing the move might make sense. If you’re a consistent producer that can see yourself doing the same thing for years, it may not. Whatever you do, rest assured that your sales skills will help you tremendously in whatever you decide to do.
-
January 31, 2008 at 6:24 PM #146608
Navydoc
ParticipantCogSciGuy:
A lot goes into the thought process in leaving a sales job for management. The most important in my mind is how much do you enjoy being a salesman? Before I went into medicine I was a furniture salesman, and the top salespeople always made more than the management. That was certainly true for me in the first year or so when I really enjoyed it. After I started to burn out I saw my income decrease to about half of what it was before. Nothing to do with the economy, my heart simply wasn’t in it anymore. Had I considered a move into management at that time, who knows, I might still be in that business.
If you find yourself tired of what you’re doing the move might make sense. If you’re a consistent producer that can see yourself doing the same thing for years, it may not. Whatever you do, rest assured that your sales skills will help you tremendously in whatever you decide to do.
-
January 31, 2008 at 6:24 PM #146669
Navydoc
ParticipantCogSciGuy:
A lot goes into the thought process in leaving a sales job for management. The most important in my mind is how much do you enjoy being a salesman? Before I went into medicine I was a furniture salesman, and the top salespeople always made more than the management. That was certainly true for me in the first year or so when I really enjoyed it. After I started to burn out I saw my income decrease to about half of what it was before. Nothing to do with the economy, my heart simply wasn’t in it anymore. Had I considered a move into management at that time, who knows, I might still be in that business.
If you find yourself tired of what you’re doing the move might make sense. If you’re a consistent producer that can see yourself doing the same thing for years, it may not. Whatever you do, rest assured that your sales skills will help you tremendously in whatever you decide to do.
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January 31, 2008 at 5:59 PM #146561
nostradamus
ParticipantReally? If your rent is $1500/mo, you've only got $1K/month left. That's $33 a day for food, gas, tires, doctor's visits, surfobard wax, etc… You're frugal, dude! Hopefully your girlfriend or wife is too or she'll be complaining haha…
That sounds about right. I’ll take it one step further and call myself a CHEAP BASTARD. Truly some of the best things in life are free.
I had one other thought: you may want to research salary statistics for the management position and negotiate with that. Better yet, go to some interviews at other companies to see if you get better offers, then come back to the one you’re at and see if they’ll play ball. Don’t be emotional or let them play on your loyalty. That’s all BS and if the bottom line was improved by laying you off, any company will do it in a heartbeat. The job of your manager is to get you to do the most work possible for the least pay. Keep that in mind.
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January 31, 2008 at 5:59 PM #146588
nostradamus
ParticipantReally? If your rent is $1500/mo, you've only got $1K/month left. That's $33 a day for food, gas, tires, doctor's visits, surfobard wax, etc… You're frugal, dude! Hopefully your girlfriend or wife is too or she'll be complaining haha…
That sounds about right. I’ll take it one step further and call myself a CHEAP BASTARD. Truly some of the best things in life are free.
I had one other thought: you may want to research salary statistics for the management position and negotiate with that. Better yet, go to some interviews at other companies to see if you get better offers, then come back to the one you’re at and see if they’ll play ball. Don’t be emotional or let them play on your loyalty. That’s all BS and if the bottom line was improved by laying you off, any company will do it in a heartbeat. The job of your manager is to get you to do the most work possible for the least pay. Keep that in mind.
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January 31, 2008 at 5:59 PM #146598
nostradamus
ParticipantReally? If your rent is $1500/mo, you've only got $1K/month left. That's $33 a day for food, gas, tires, doctor's visits, surfobard wax, etc… You're frugal, dude! Hopefully your girlfriend or wife is too or she'll be complaining haha…
That sounds about right. I’ll take it one step further and call myself a CHEAP BASTARD. Truly some of the best things in life are free.
I had one other thought: you may want to research salary statistics for the management position and negotiate with that. Better yet, go to some interviews at other companies to see if you get better offers, then come back to the one you’re at and see if they’ll play ball. Don’t be emotional or let them play on your loyalty. That’s all BS and if the bottom line was improved by laying you off, any company will do it in a heartbeat. The job of your manager is to get you to do the most work possible for the least pay. Keep that in mind.
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January 31, 2008 at 5:59 PM #146659
nostradamus
ParticipantReally? If your rent is $1500/mo, you've only got $1K/month left. That's $33 a day for food, gas, tires, doctor's visits, surfobard wax, etc… You're frugal, dude! Hopefully your girlfriend or wife is too or she'll be complaining haha…
That sounds about right. I’ll take it one step further and call myself a CHEAP BASTARD. Truly some of the best things in life are free.
I had one other thought: you may want to research salary statistics for the management position and negotiate with that. Better yet, go to some interviews at other companies to see if you get better offers, then come back to the one you’re at and see if they’ll play ball. Don’t be emotional or let them play on your loyalty. That’s all BS and if the bottom line was improved by laying you off, any company will do it in a heartbeat. The job of your manager is to get you to do the most work possible for the least pay. Keep that in mind.
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January 31, 2008 at 5:29 PM #146541
blahblahblah
ParticipantI have lived quite comfortably for some time now on $2.5k per month
Really? If your rent is $1500/mo, you’ve only got $1K/month left. That’s $33 a day for food, gas, tires, doctor’s visits, surfobard wax, etc… You’re frugal, dude! Hopefully your girlfriend or wife is too or she’ll be complaining haha…
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January 31, 2008 at 5:29 PM #146568
blahblahblah
ParticipantI have lived quite comfortably for some time now on $2.5k per month
Really? If your rent is $1500/mo, you’ve only got $1K/month left. That’s $33 a day for food, gas, tires, doctor’s visits, surfobard wax, etc… You’re frugal, dude! Hopefully your girlfriend or wife is too or she’ll be complaining haha…
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January 31, 2008 at 5:29 PM #146579
blahblahblah
ParticipantI have lived quite comfortably for some time now on $2.5k per month
Really? If your rent is $1500/mo, you’ve only got $1K/month left. That’s $33 a day for food, gas, tires, doctor’s visits, surfobard wax, etc… You’re frugal, dude! Hopefully your girlfriend or wife is too or she’ll be complaining haha…
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January 31, 2008 at 5:29 PM #146640
blahblahblah
ParticipantI have lived quite comfortably for some time now on $2.5k per month
Really? If your rent is $1500/mo, you’ve only got $1K/month left. That’s $33 a day for food, gas, tires, doctor’s visits, surfobard wax, etc… You’re frugal, dude! Hopefully your girlfriend or wife is too or she’ll be complaining haha…
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January 31, 2008 at 5:20 PM #146526
nostradamus
ParticipantMy gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.
You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.
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January 31, 2008 at 5:20 PM #146553
nostradamus
ParticipantMy gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.
You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.
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January 31, 2008 at 5:20 PM #146564
nostradamus
ParticipantMy gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.
You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.
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January 31, 2008 at 5:20 PM #146623
nostradamus
ParticipantMy gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.
You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.
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January 31, 2008 at 5:11 PM #146521
nostradamus
ParticipantCONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.
I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!
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January 31, 2008 at 5:11 PM #146548
nostradamus
ParticipantCONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.
I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!
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January 31, 2008 at 5:11 PM #146560
nostradamus
ParticipantCONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.
I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!
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January 31, 2008 at 5:11 PM #146618
nostradamus
ParticipantCONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.
I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!
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January 31, 2008 at 4:52 PM #146491
blahblahblah
ParticipantNext, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
He’s paying a lot of taxes on that $140K and I assume contributing to his 401K. If he can save an additional $24K-$36K per year, he’s saving a lot. Sure he could save more by living in a trailer and eating TV dinners, but come on, he’s doing pretty good here…
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January 31, 2008 at 4:52 PM #146519
blahblahblah
ParticipantNext, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
He’s paying a lot of taxes on that $140K and I assume contributing to his 401K. If he can save an additional $24K-$36K per year, he’s saving a lot. Sure he could save more by living in a trailer and eating TV dinners, but come on, he’s doing pretty good here…
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January 31, 2008 at 4:52 PM #146530
blahblahblah
ParticipantNext, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
He’s paying a lot of taxes on that $140K and I assume contributing to his 401K. If he can save an additional $24K-$36K per year, he’s saving a lot. Sure he could save more by living in a trailer and eating TV dinners, but come on, he’s doing pretty good here…
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January 31, 2008 at 4:52 PM #146590
blahblahblah
ParticipantNext, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
He’s paying a lot of taxes on that $140K and I assume contributing to his 401K. If he can save an additional $24K-$36K per year, he’s saving a lot. Sure he could save more by living in a trailer and eating TV dinners, but come on, he’s doing pretty good here…
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January 31, 2008 at 5:06 PM #146262
CogSciGuy
ParticipantThanks for your input, nostradamus. There’s been talk of an IPO in a “couple years” since I started here, nearly 4 years ago. Still, with our current size and recent growth, it does seem likely that it will actually happen.
I had a frank discussion with the director of my department today. He knows exactly my situation in great detail and understands my dilemma. Most managers start at about $65K. Since my pay is relatively high at my current position, they’ll probably be able to start me at mid-$70s if I go for it. Better than $70’s isn’t happening to start, but a first review happens after 6 months, when the salary could go up another $15K or so.
With regard to your questions…hey, she still in junior college now and it’s pretty cheap. In a semster or two, she’ll go to UCSD or SDSU and will get whatever financial aid she can and I’ll pay the rest. Gotta invest in our future. I don’t want to be the only breadwinner for the rest of our lives.
My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It’s enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
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January 31, 2008 at 5:06 PM #146506
CogSciGuy
ParticipantThanks for your input, nostradamus. There’s been talk of an IPO in a “couple years” since I started here, nearly 4 years ago. Still, with our current size and recent growth, it does seem likely that it will actually happen.
I had a frank discussion with the director of my department today. He knows exactly my situation in great detail and understands my dilemma. Most managers start at about $65K. Since my pay is relatively high at my current position, they’ll probably be able to start me at mid-$70s if I go for it. Better than $70’s isn’t happening to start, but a first review happens after 6 months, when the salary could go up another $15K or so.
With regard to your questions…hey, she still in junior college now and it’s pretty cheap. In a semster or two, she’ll go to UCSD or SDSU and will get whatever financial aid she can and I’ll pay the rest. Gotta invest in our future. I don’t want to be the only breadwinner for the rest of our lives.
My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It’s enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
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January 31, 2008 at 5:06 PM #146533
CogSciGuy
ParticipantThanks for your input, nostradamus. There’s been talk of an IPO in a “couple years” since I started here, nearly 4 years ago. Still, with our current size and recent growth, it does seem likely that it will actually happen.
I had a frank discussion with the director of my department today. He knows exactly my situation in great detail and understands my dilemma. Most managers start at about $65K. Since my pay is relatively high at my current position, they’ll probably be able to start me at mid-$70s if I go for it. Better than $70’s isn’t happening to start, but a first review happens after 6 months, when the salary could go up another $15K or so.
With regard to your questions…hey, she still in junior college now and it’s pretty cheap. In a semster or two, she’ll go to UCSD or SDSU and will get whatever financial aid she can and I’ll pay the rest. Gotta invest in our future. I don’t want to be the only breadwinner for the rest of our lives.
My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It’s enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
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January 31, 2008 at 5:06 PM #146545
CogSciGuy
ParticipantThanks for your input, nostradamus. There’s been talk of an IPO in a “couple years” since I started here, nearly 4 years ago. Still, with our current size and recent growth, it does seem likely that it will actually happen.
I had a frank discussion with the director of my department today. He knows exactly my situation in great detail and understands my dilemma. Most managers start at about $65K. Since my pay is relatively high at my current position, they’ll probably be able to start me at mid-$70s if I go for it. Better than $70’s isn’t happening to start, but a first review happens after 6 months, when the salary could go up another $15K or so.
With regard to your questions…hey, she still in junior college now and it’s pretty cheap. In a semster or two, she’ll go to UCSD or SDSU and will get whatever financial aid she can and I’ll pay the rest. Gotta invest in our future. I don’t want to be the only breadwinner for the rest of our lives.
My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It’s enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
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January 31, 2008 at 5:06 PM #146604
CogSciGuy
ParticipantThanks for your input, nostradamus. There’s been talk of an IPO in a “couple years” since I started here, nearly 4 years ago. Still, with our current size and recent growth, it does seem likely that it will actually happen.
I had a frank discussion with the director of my department today. He knows exactly my situation in great detail and understands my dilemma. Most managers start at about $65K. Since my pay is relatively high at my current position, they’ll probably be able to start me at mid-$70s if I go for it. Better than $70’s isn’t happening to start, but a first review happens after 6 months, when the salary could go up another $15K or so.
With regard to your questions…hey, she still in junior college now and it’s pretty cheap. In a semster or two, she’ll go to UCSD or SDSU and will get whatever financial aid she can and I’ll pay the rest. Gotta invest in our future. I don’t want to be the only breadwinner for the rest of our lives.
My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It’s enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.
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January 31, 2008 at 4:48 PM #146481
nostradamus
ParticipantIMO stock options mean nothing. It is an elusive dream that every company will have an IPO and the shareholders will strike it rich. I’ve been an engineer for 15 years now, and I only know one or two people who have become rich this way. Has anyone on this forum struck it rich this way? Know anyone who has? Do tell. The guys I know who got rich did so by starting a company then eventually being bought out.
For your situation my logic is simple, here are the options I see:
1. Take the promotion, work longer and harder for less pay, and *maybe* your stock options will pay off.
2. Don’t take the promotion and you’re guaranteed to make $30k more per year plus OT.Being a manager means being good at making business decisions. If I were you I would tell them about your wife-2b and tuition and saving for a home and so on. I think your promotion offer is insulting.
Now I have two questions: First, what’s up with paying for your wife-2b’s tuition? Next, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
BTW middle-managers are usually the first to go if there are ever layoffs.
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January 31, 2008 at 4:48 PM #146509
nostradamus
ParticipantIMO stock options mean nothing. It is an elusive dream that every company will have an IPO and the shareholders will strike it rich. I’ve been an engineer for 15 years now, and I only know one or two people who have become rich this way. Has anyone on this forum struck it rich this way? Know anyone who has? Do tell. The guys I know who got rich did so by starting a company then eventually being bought out.
For your situation my logic is simple, here are the options I see:
1. Take the promotion, work longer and harder for less pay, and *maybe* your stock options will pay off.
2. Don’t take the promotion and you’re guaranteed to make $30k more per year plus OT.Being a manager means being good at making business decisions. If I were you I would tell them about your wife-2b and tuition and saving for a home and so on. I think your promotion offer is insulting.
Now I have two questions: First, what’s up with paying for your wife-2b’s tuition? Next, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
BTW middle-managers are usually the first to go if there are ever layoffs.
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January 31, 2008 at 4:48 PM #146518
nostradamus
ParticipantIMO stock options mean nothing. It is an elusive dream that every company will have an IPO and the shareholders will strike it rich. I’ve been an engineer for 15 years now, and I only know one or two people who have become rich this way. Has anyone on this forum struck it rich this way? Know anyone who has? Do tell. The guys I know who got rich did so by starting a company then eventually being bought out.
For your situation my logic is simple, here are the options I see:
1. Take the promotion, work longer and harder for less pay, and *maybe* your stock options will pay off.
2. Don’t take the promotion and you’re guaranteed to make $30k more per year plus OT.Being a manager means being good at making business decisions. If I were you I would tell them about your wife-2b and tuition and saving for a home and so on. I think your promotion offer is insulting.
Now I have two questions: First, what’s up with paying for your wife-2b’s tuition? Next, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
BTW middle-managers are usually the first to go if there are ever layoffs.
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January 31, 2008 at 4:48 PM #146580
nostradamus
ParticipantIMO stock options mean nothing. It is an elusive dream that every company will have an IPO and the shareholders will strike it rich. I’ve been an engineer for 15 years now, and I only know one or two people who have become rich this way. Has anyone on this forum struck it rich this way? Know anyone who has? Do tell. The guys I know who got rich did so by starting a company then eventually being bought out.
For your situation my logic is simple, here are the options I see:
1. Take the promotion, work longer and harder for less pay, and *maybe* your stock options will pay off.
2. Don’t take the promotion and you’re guaranteed to make $30k more per year plus OT.Being a manager means being good at making business decisions. If I were you I would tell them about your wife-2b and tuition and saving for a home and so on. I think your promotion offer is insulting.
Now I have two questions: First, what’s up with paying for your wife-2b’s tuition? Next, if you’re making $140k now and saving only $2-$3k per month what are you doing with the other $8-$9k?
BTW middle-managers are usually the first to go if there are ever layoffs.
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January 31, 2008 at 5:34 PM #146287
Coronita
ParticipantTitle promotions are overrated, especially 1st line managers imho". Also, manager titles, while valuable inside the company, are not asy easy to transfer over to another company if you need to move, especially first level managers. Throughout my career, I've bounced between management and pure technical contributions, and frankly the pay for me relatively was about the same.
My advice, if you like dealing with personel, doing reviews, help mentoring people, than perhaps move into management.
if you are a good salesman AND enjoy being a salesman, you should stick with that and even figure ways to hone your skills even further. Good salespeople are always needed, and I would say the old saying "same technique, different media" applies to sales skills. Contrary to popular belief, Salesmanship is a skill that frankly not everyone can do well. If you are one of the people that can do well, you're going to always be in demand.
I would personally NOT take a salary cut to manage people just for the sake of managing people, unless you love that more than Sales… OR unless by NOT taking this position, someone you don't like that will make your life hell will be your supervisor now and will get in your way….
If you're a sales hotshot, you could easily find employment and ask what you want the next time around. No offense, if you're a good salesman, there's absolutely no reason why you cannot be making double of what you're seeing now in the right company. But you need to be honest with yourself and figure out how you rank as a salesman. Again, I'm assuming your in sales, and aren't something like a "sales engineer". Small title difference, big responsibility differences. Consider not only what your current company is offering, but how your decisions would benefit you in the future. Because they only thing that is constant is you and what you can do. Companies come and go. What you bring to the table doesn't.
Regardless, cash is KING right now. I've always heard stories of companies prior to IPOing doing a house cleaning and laying off people just to make the numbers look good. If that happens, how pissed would you be if you traded in your salary for options that no longer you can do anything with.
However, life is a gamble, and if you feel like this company is the next qualcomm, well life is too short to wonder why not….This is coming from a person that left millions worth of stock options on the table by leaving qualcomm, and subsequently leaving millions on the table prior to an IPO of a small startup. I was always in the right place, just never at the right time 🙂
You know, the other thing you should consider is that if you really are that good, you really should be asking your company to giving to stock options. You know the old saying. Squeeky wheel gets the oil.
Sorry I'm not more useful.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 5:46 PM #146302
CogSciGuy
Participant“Sorry I’m not more useful.”
Actually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I’m getting more convinced that management might be a bad move for me.
I can’t increase my salary in my current position though, regardless of how good I get. I’ve maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I’d prefer to do all day at work–manage or sell–isn’t much of a factor. I’m all about the money. For what it’s worth, I’d prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don’t hate my sales job and that’s all I really expect.
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January 31, 2008 at 7:11 PM #146357
Coronita
ParticipantActually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I'm getting more convinced that management might be a bad move for me.
I can't increase my salary in my current position though, regardless of how good I get. I've maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I'd prefer to do all day at work–manage or sell–isn't much of a factor. I'm all about the money. For what it's worth, I'd prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don't hate my sales job and that's all I really expect.
If your bonus is tied to how much you bring in, make a case to get put on the biggest accounts. In addition to the "money", you will be definitely challenged, as you will find bringing in the big fish is not that easy. If you master this, you will have skills that you can take wherever you go, in whatever industry….Again, you sound like you're a young dude, so you got a long way to go. If you're good at what you do, I frankly would be disappointed in you if you're not seeing $250k+ in the future because you decided to take a detour (again if money is that important to you). Sales people frankly make more then engineers and in many cases job blow line manager. It's harder to be a good sales person than an average engineer or average manager…though average sales people usually get paid crap and get flushed by the company if they don't meet their quotas….Again, not everyone can be a good salesman. It takes a certain personality to do it.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 7:11 PM #146601
Coronita
ParticipantActually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I'm getting more convinced that management might be a bad move for me.
I can't increase my salary in my current position though, regardless of how good I get. I've maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I'd prefer to do all day at work–manage or sell–isn't much of a factor. I'm all about the money. For what it's worth, I'd prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don't hate my sales job and that's all I really expect.
If your bonus is tied to how much you bring in, make a case to get put on the biggest accounts. In addition to the "money", you will be definitely challenged, as you will find bringing in the big fish is not that easy. If you master this, you will have skills that you can take wherever you go, in whatever industry….Again, you sound like you're a young dude, so you got a long way to go. If you're good at what you do, I frankly would be disappointed in you if you're not seeing $250k+ in the future because you decided to take a detour (again if money is that important to you). Sales people frankly make more then engineers and in many cases job blow line manager. It's harder to be a good sales person than an average engineer or average manager…though average sales people usually get paid crap and get flushed by the company if they don't meet their quotas….Again, not everyone can be a good salesman. It takes a certain personality to do it.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 7:11 PM #146628
Coronita
ParticipantActually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I'm getting more convinced that management might be a bad move for me.
I can't increase my salary in my current position though, regardless of how good I get. I've maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I'd prefer to do all day at work–manage or sell–isn't much of a factor. I'm all about the money. For what it's worth, I'd prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don't hate my sales job and that's all I really expect.
If your bonus is tied to how much you bring in, make a case to get put on the biggest accounts. In addition to the "money", you will be definitely challenged, as you will find bringing in the big fish is not that easy. If you master this, you will have skills that you can take wherever you go, in whatever industry….Again, you sound like you're a young dude, so you got a long way to go. If you're good at what you do, I frankly would be disappointed in you if you're not seeing $250k+ in the future because you decided to take a detour (again if money is that important to you). Sales people frankly make more then engineers and in many cases job blow line manager. It's harder to be a good sales person than an average engineer or average manager…though average sales people usually get paid crap and get flushed by the company if they don't meet their quotas….Again, not everyone can be a good salesman. It takes a certain personality to do it.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 7:11 PM #146639
Coronita
ParticipantActually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I'm getting more convinced that management might be a bad move for me.
I can't increase my salary in my current position though, regardless of how good I get. I've maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I'd prefer to do all day at work–manage or sell–isn't much of a factor. I'm all about the money. For what it's worth, I'd prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don't hate my sales job and that's all I really expect.
If your bonus is tied to how much you bring in, make a case to get put on the biggest accounts. In addition to the "money", you will be definitely challenged, as you will find bringing in the big fish is not that easy. If you master this, you will have skills that you can take wherever you go, in whatever industry….Again, you sound like you're a young dude, so you got a long way to go. If you're good at what you do, I frankly would be disappointed in you if you're not seeing $250k+ in the future because you decided to take a detour (again if money is that important to you). Sales people frankly make more then engineers and in many cases job blow line manager. It's harder to be a good sales person than an average engineer or average manager…though average sales people usually get paid crap and get flushed by the company if they don't meet their quotas….Again, not everyone can be a good salesman. It takes a certain personality to do it.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 7:11 PM #146699
Coronita
ParticipantActually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I'm getting more convinced that management might be a bad move for me.
I can't increase my salary in my current position though, regardless of how good I get. I've maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I'd prefer to do all day at work–manage or sell–isn't much of a factor. I'm all about the money. For what it's worth, I'd prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don't hate my sales job and that's all I really expect.
If your bonus is tied to how much you bring in, make a case to get put on the biggest accounts. In addition to the "money", you will be definitely challenged, as you will find bringing in the big fish is not that easy. If you master this, you will have skills that you can take wherever you go, in whatever industry….Again, you sound like you're a young dude, so you got a long way to go. If you're good at what you do, I frankly would be disappointed in you if you're not seeing $250k+ in the future because you decided to take a detour (again if money is that important to you). Sales people frankly make more then engineers and in many cases job blow line manager. It's harder to be a good sales person than an average engineer or average manager…though average sales people usually get paid crap and get flushed by the company if they don't meet their quotas….Again, not everyone can be a good salesman. It takes a certain personality to do it.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
-
January 31, 2008 at 5:46 PM #146546
CogSciGuy
Participant“Sorry I’m not more useful.”
Actually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I’m getting more convinced that management might be a bad move for me.
I can’t increase my salary in my current position though, regardless of how good I get. I’ve maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I’d prefer to do all day at work–manage or sell–isn’t much of a factor. I’m all about the money. For what it’s worth, I’d prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don’t hate my sales job and that’s all I really expect.
-
January 31, 2008 at 5:46 PM #146573
CogSciGuy
Participant“Sorry I’m not more useful.”
Actually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I’m getting more convinced that management might be a bad move for me.
I can’t increase my salary in my current position though, regardless of how good I get. I’ve maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I’d prefer to do all day at work–manage or sell–isn’t much of a factor. I’m all about the money. For what it’s worth, I’d prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don’t hate my sales job and that’s all I really expect.
-
January 31, 2008 at 5:46 PM #146584
CogSciGuy
Participant“Sorry I’m not more useful.”
Actually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I’m getting more convinced that management might be a bad move for me.
I can’t increase my salary in my current position though, regardless of how good I get. I’ve maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I’d prefer to do all day at work–manage or sell–isn’t much of a factor. I’m all about the money. For what it’s worth, I’d prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don’t hate my sales job and that’s all I really expect.
-
January 31, 2008 at 5:46 PM #146644
CogSciGuy
Participant“Sorry I’m not more useful.”
Actually, I do find your thoughts useful, flu. Along with the other postings, and my own caution and predisposition prior to originating this thread, I’m getting more convinced that management might be a bad move for me.
I can’t increase my salary in my current position though, regardless of how good I get. I’ve maxed out the pay scale. I can hang out and milk the OT at the end of the day while surfing the net and whining about my work dilemma, though.
What I’d prefer to do all day at work–manage or sell–isn’t much of a factor. I’m all about the money. For what it’s worth, I’d prefer the change of pace and new challenges that would come with management, but I work for money, not for new challenges and whatnot. I don’t hate my sales job and that’s all I really expect.
-
January 31, 2008 at 5:48 PM #146307
sd_bear
ParticipantYou also have to honestly evaluate the chances your company will go public and hit it big. If it were me I’d take the sure thing salary of 140k a year over the chance this company would hit the lottery, but I tend to be more risk averse than most people.
Just make sure you aren’t drinking too much of the company kool-aid. It is really easy to get caught up in the momentum and a lot of times the hearsay never pans out.
-
January 31, 2008 at 5:50 PM #146312
CogSciGuy
ParticipantMaybe I’ll hedge my bets. Keep my current position and figure out a way to embezzle should the IPO bring in mucho dinero.
-
January 31, 2008 at 5:50 PM #146556
CogSciGuy
ParticipantMaybe I’ll hedge my bets. Keep my current position and figure out a way to embezzle should the IPO bring in mucho dinero.
-
January 31, 2008 at 5:50 PM #146583
CogSciGuy
ParticipantMaybe I’ll hedge my bets. Keep my current position and figure out a way to embezzle should the IPO bring in mucho dinero.
-
January 31, 2008 at 5:50 PM #146593
CogSciGuy
ParticipantMaybe I’ll hedge my bets. Keep my current position and figure out a way to embezzle should the IPO bring in mucho dinero.
-
January 31, 2008 at 5:50 PM #146654
CogSciGuy
ParticipantMaybe I’ll hedge my bets. Keep my current position and figure out a way to embezzle should the IPO bring in mucho dinero.
-
-
January 31, 2008 at 5:48 PM #146551
sd_bear
ParticipantYou also have to honestly evaluate the chances your company will go public and hit it big. If it were me I’d take the sure thing salary of 140k a year over the chance this company would hit the lottery, but I tend to be more risk averse than most people.
Just make sure you aren’t drinking too much of the company kool-aid. It is really easy to get caught up in the momentum and a lot of times the hearsay never pans out.
-
January 31, 2008 at 5:48 PM #146578
sd_bear
ParticipantYou also have to honestly evaluate the chances your company will go public and hit it big. If it were me I’d take the sure thing salary of 140k a year over the chance this company would hit the lottery, but I tend to be more risk averse than most people.
Just make sure you aren’t drinking too much of the company kool-aid. It is really easy to get caught up in the momentum and a lot of times the hearsay never pans out.
-
January 31, 2008 at 5:48 PM #146589
sd_bear
ParticipantYou also have to honestly evaluate the chances your company will go public and hit it big. If it were me I’d take the sure thing salary of 140k a year over the chance this company would hit the lottery, but I tend to be more risk averse than most people.
Just make sure you aren’t drinking too much of the company kool-aid. It is really easy to get caught up in the momentum and a lot of times the hearsay never pans out.
-
January 31, 2008 at 5:48 PM #146649
sd_bear
ParticipantYou also have to honestly evaluate the chances your company will go public and hit it big. If it were me I’d take the sure thing salary of 140k a year over the chance this company would hit the lottery, but I tend to be more risk averse than most people.
Just make sure you aren’t drinking too much of the company kool-aid. It is really easy to get caught up in the momentum and a lot of times the hearsay never pans out.
-
-
January 31, 2008 at 5:34 PM #146531
Coronita
ParticipantTitle promotions are overrated, especially 1st line managers imho". Also, manager titles, while valuable inside the company, are not asy easy to transfer over to another company if you need to move, especially first level managers. Throughout my career, I've bounced between management and pure technical contributions, and frankly the pay for me relatively was about the same.
My advice, if you like dealing with personel, doing reviews, help mentoring people, than perhaps move into management.
if you are a good salesman AND enjoy being a salesman, you should stick with that and even figure ways to hone your skills even further. Good salespeople are always needed, and I would say the old saying "same technique, different media" applies to sales skills. Contrary to popular belief, Salesmanship is a skill that frankly not everyone can do well. If you are one of the people that can do well, you're going to always be in demand.
I would personally NOT take a salary cut to manage people just for the sake of managing people, unless you love that more than Sales… OR unless by NOT taking this position, someone you don't like that will make your life hell will be your supervisor now and will get in your way….
If you're a sales hotshot, you could easily find employment and ask what you want the next time around. No offense, if you're a good salesman, there's absolutely no reason why you cannot be making double of what you're seeing now in the right company. But you need to be honest with yourself and figure out how you rank as a salesman. Again, I'm assuming your in sales, and aren't something like a "sales engineer". Small title difference, big responsibility differences. Consider not only what your current company is offering, but how your decisions would benefit you in the future. Because they only thing that is constant is you and what you can do. Companies come and go. What you bring to the table doesn't.
Regardless, cash is KING right now. I've always heard stories of companies prior to IPOing doing a house cleaning and laying off people just to make the numbers look good. If that happens, how pissed would you be if you traded in your salary for options that no longer you can do anything with.
However, life is a gamble, and if you feel like this company is the next qualcomm, well life is too short to wonder why not….This is coming from a person that left millions worth of stock options on the table by leaving qualcomm, and subsequently leaving millions on the table prior to an IPO of a small startup. I was always in the right place, just never at the right time 🙂
You know, the other thing you should consider is that if you really are that good, you really should be asking your company to giving to stock options. You know the old saying. Squeeky wheel gets the oil.
Sorry I'm not more useful.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 5:34 PM #146558
Coronita
ParticipantTitle promotions are overrated, especially 1st line managers imho". Also, manager titles, while valuable inside the company, are not asy easy to transfer over to another company if you need to move, especially first level managers. Throughout my career, I've bounced between management and pure technical contributions, and frankly the pay for me relatively was about the same.
My advice, if you like dealing with personel, doing reviews, help mentoring people, than perhaps move into management.
if you are a good salesman AND enjoy being a salesman, you should stick with that and even figure ways to hone your skills even further. Good salespeople are always needed, and I would say the old saying "same technique, different media" applies to sales skills. Contrary to popular belief, Salesmanship is a skill that frankly not everyone can do well. If you are one of the people that can do well, you're going to always be in demand.
I would personally NOT take a salary cut to manage people just for the sake of managing people, unless you love that more than Sales… OR unless by NOT taking this position, someone you don't like that will make your life hell will be your supervisor now and will get in your way….
If you're a sales hotshot, you could easily find employment and ask what you want the next time around. No offense, if you're a good salesman, there's absolutely no reason why you cannot be making double of what you're seeing now in the right company. But you need to be honest with yourself and figure out how you rank as a salesman. Again, I'm assuming your in sales, and aren't something like a "sales engineer". Small title difference, big responsibility differences. Consider not only what your current company is offering, but how your decisions would benefit you in the future. Because they only thing that is constant is you and what you can do. Companies come and go. What you bring to the table doesn't.
Regardless, cash is KING right now. I've always heard stories of companies prior to IPOing doing a house cleaning and laying off people just to make the numbers look good. If that happens, how pissed would you be if you traded in your salary for options that no longer you can do anything with.
However, life is a gamble, and if you feel like this company is the next qualcomm, well life is too short to wonder why not….This is coming from a person that left millions worth of stock options on the table by leaving qualcomm, and subsequently leaving millions on the table prior to an IPO of a small startup. I was always in the right place, just never at the right time 🙂
You know, the other thing you should consider is that if you really are that good, you really should be asking your company to giving to stock options. You know the old saying. Squeeky wheel gets the oil.
Sorry I'm not more useful.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 5:34 PM #146569
Coronita
ParticipantTitle promotions are overrated, especially 1st line managers imho". Also, manager titles, while valuable inside the company, are not asy easy to transfer over to another company if you need to move, especially first level managers. Throughout my career, I've bounced between management and pure technical contributions, and frankly the pay for me relatively was about the same.
My advice, if you like dealing with personel, doing reviews, help mentoring people, than perhaps move into management.
if you are a good salesman AND enjoy being a salesman, you should stick with that and even figure ways to hone your skills even further. Good salespeople are always needed, and I would say the old saying "same technique, different media" applies to sales skills. Contrary to popular belief, Salesmanship is a skill that frankly not everyone can do well. If you are one of the people that can do well, you're going to always be in demand.
I would personally NOT take a salary cut to manage people just for the sake of managing people, unless you love that more than Sales… OR unless by NOT taking this position, someone you don't like that will make your life hell will be your supervisor now and will get in your way….
If you're a sales hotshot, you could easily find employment and ask what you want the next time around. No offense, if you're a good salesman, there's absolutely no reason why you cannot be making double of what you're seeing now in the right company. But you need to be honest with yourself and figure out how you rank as a salesman. Again, I'm assuming your in sales, and aren't something like a "sales engineer". Small title difference, big responsibility differences. Consider not only what your current company is offering, but how your decisions would benefit you in the future. Because they only thing that is constant is you and what you can do. Companies come and go. What you bring to the table doesn't.
Regardless, cash is KING right now. I've always heard stories of companies prior to IPOing doing a house cleaning and laying off people just to make the numbers look good. If that happens, how pissed would you be if you traded in your salary for options that no longer you can do anything with.
However, life is a gamble, and if you feel like this company is the next qualcomm, well life is too short to wonder why not….This is coming from a person that left millions worth of stock options on the table by leaving qualcomm, and subsequently leaving millions on the table prior to an IPO of a small startup. I was always in the right place, just never at the right time 🙂
You know, the other thing you should consider is that if you really are that good, you really should be asking your company to giving to stock options. You know the old saying. Squeeky wheel gets the oil.
Sorry I'm not more useful.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 5:34 PM #146629
Coronita
ParticipantTitle promotions are overrated, especially 1st line managers imho". Also, manager titles, while valuable inside the company, are not asy easy to transfer over to another company if you need to move, especially first level managers. Throughout my career, I've bounced between management and pure technical contributions, and frankly the pay for me relatively was about the same.
My advice, if you like dealing with personel, doing reviews, help mentoring people, than perhaps move into management.
if you are a good salesman AND enjoy being a salesman, you should stick with that and even figure ways to hone your skills even further. Good salespeople are always needed, and I would say the old saying "same technique, different media" applies to sales skills. Contrary to popular belief, Salesmanship is a skill that frankly not everyone can do well. If you are one of the people that can do well, you're going to always be in demand.
I would personally NOT take a salary cut to manage people just for the sake of managing people, unless you love that more than Sales… OR unless by NOT taking this position, someone you don't like that will make your life hell will be your supervisor now and will get in your way….
If you're a sales hotshot, you could easily find employment and ask what you want the next time around. No offense, if you're a good salesman, there's absolutely no reason why you cannot be making double of what you're seeing now in the right company. But you need to be honest with yourself and figure out how you rank as a salesman. Again, I'm assuming your in sales, and aren't something like a "sales engineer". Small title difference, big responsibility differences. Consider not only what your current company is offering, but how your decisions would benefit you in the future. Because they only thing that is constant is you and what you can do. Companies come and go. What you bring to the table doesn't.
Regardless, cash is KING right now. I've always heard stories of companies prior to IPOing doing a house cleaning and laying off people just to make the numbers look good. If that happens, how pissed would you be if you traded in your salary for options that no longer you can do anything with.
However, life is a gamble, and if you feel like this company is the next qualcomm, well life is too short to wonder why not….This is coming from a person that left millions worth of stock options on the table by leaving qualcomm, and subsequently leaving millions on the table prior to an IPO of a small startup. I was always in the right place, just never at the right time 🙂
You know, the other thing you should consider is that if you really are that good, you really should be asking your company to giving to stock options. You know the old saying. Squeeky wheel gets the oil.
Sorry I'm not more useful.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 6:31 PM #146337
bubble_contagion
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
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January 31, 2008 at 7:02 PM #146352
Coronita
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
There is an easy, fullproof way to get a manager position, provided you aren't a complete idiot and haven't burned any bridges. It works every single time. Work for a company in which the employees are so unhappy that they leave left or right. Then if you stick around, you automatically become a manager, unless they REALLY don't like you, at which point you should then leave.
Being manager doesn't mean that you are necessarily the most qualified. It means sometimes being in the right place at the right time.
The only couple of times i stepped into management were primarily when if I didn't I'd be working for someone less competent AND who I felt wouldn't give me the recognition that I would deserve, or when they other candidate would have created issues with the team to rip the team apart. Frankly, it wasn't particularly what I wanted to do, as I had to deal with all sorts of things like conflict, expectation management, budgets, which frankly took up more time that what I enjoy doing. I also don't mind working for someone who isn't as technically capable as me, as long as that person doesn't try to put one over me.
Then there were times when I was passed up for an management position and some imbecile was placed above me that would have made my life hell and would have stolen all recognition that I would have deserved… In those situations, I simply stepped aside and let them run the project…inevitability into the ground. Meanwhile, I worked on something else, usually something that was an exact duplication of what that person was trying to do, and usually did cleanup operations after he/she ran a project into the ground. Sounds mean? Well, I don't backstab people, but I definitely don't let people backstab me either. Sometimes, you can't really step aside at a startup, at which point it's plan B (you find another position, but you leave on a a good note, so that if things fail, they might call you back to help fix whatever thing was run into the ground).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 7:02 PM #146596
Coronita
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
There is an easy, fullproof way to get a manager position, provided you aren't a complete idiot and haven't burned any bridges. It works every single time. Work for a company in which the employees are so unhappy that they leave left or right. Then if you stick around, you automatically become a manager, unless they REALLY don't like you, at which point you should then leave.
Being manager doesn't mean that you are necessarily the most qualified. It means sometimes being in the right place at the right time.
The only couple of times i stepped into management were primarily when if I didn't I'd be working for someone less competent AND who I felt wouldn't give me the recognition that I would deserve, or when they other candidate would have created issues with the team to rip the team apart. Frankly, it wasn't particularly what I wanted to do, as I had to deal with all sorts of things like conflict, expectation management, budgets, which frankly took up more time that what I enjoy doing. I also don't mind working for someone who isn't as technically capable as me, as long as that person doesn't try to put one over me.
Then there were times when I was passed up for an management position and some imbecile was placed above me that would have made my life hell and would have stolen all recognition that I would have deserved… In those situations, I simply stepped aside and let them run the project…inevitability into the ground. Meanwhile, I worked on something else, usually something that was an exact duplication of what that person was trying to do, and usually did cleanup operations after he/she ran a project into the ground. Sounds mean? Well, I don't backstab people, but I definitely don't let people backstab me either. Sometimes, you can't really step aside at a startup, at which point it's plan B (you find another position, but you leave on a a good note, so that if things fail, they might call you back to help fix whatever thing was run into the ground).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 7:02 PM #146624
Coronita
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
There is an easy, fullproof way to get a manager position, provided you aren't a complete idiot and haven't burned any bridges. It works every single time. Work for a company in which the employees are so unhappy that they leave left or right. Then if you stick around, you automatically become a manager, unless they REALLY don't like you, at which point you should then leave.
Being manager doesn't mean that you are necessarily the most qualified. It means sometimes being in the right place at the right time.
The only couple of times i stepped into management were primarily when if I didn't I'd be working for someone less competent AND who I felt wouldn't give me the recognition that I would deserve, or when they other candidate would have created issues with the team to rip the team apart. Frankly, it wasn't particularly what I wanted to do, as I had to deal with all sorts of things like conflict, expectation management, budgets, which frankly took up more time that what I enjoy doing. I also don't mind working for someone who isn't as technically capable as me, as long as that person doesn't try to put one over me.
Then there were times when I was passed up for an management position and some imbecile was placed above me that would have made my life hell and would have stolen all recognition that I would have deserved… In those situations, I simply stepped aside and let them run the project…inevitability into the ground. Meanwhile, I worked on something else, usually something that was an exact duplication of what that person was trying to do, and usually did cleanup operations after he/she ran a project into the ground. Sounds mean? Well, I don't backstab people, but I definitely don't let people backstab me either. Sometimes, you can't really step aside at a startup, at which point it's plan B (you find another position, but you leave on a a good note, so that if things fail, they might call you back to help fix whatever thing was run into the ground).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
January 31, 2008 at 7:02 PM #146635
Coronita
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
There is an easy, fullproof way to get a manager position, provided you aren't a complete idiot and haven't burned any bridges. It works every single time. Work for a company in which the employees are so unhappy that they leave left or right. Then if you stick around, you automatically become a manager, unless they REALLY don't like you, at which point you should then leave.
Being manager doesn't mean that you are necessarily the most qualified. It means sometimes being in the right place at the right time.
The only couple of times i stepped into management were primarily when if I didn't I'd be working for someone less competent AND who I felt wouldn't give me the recognition that I would deserve, or when they other candidate would have created issues with the team to rip the team apart. Frankly, it wasn't particularly what I wanted to do, as I had to deal with all sorts of things like conflict, expectation management, budgets, which frankly took up more time that what I enjoy doing. I also don't mind working for someone who isn't as technically capable as me, as long as that person doesn't try to put one over me.
Then there were times when I was passed up for an management position and some imbecile was placed above me that would have made my life hell and would have stolen all recognition that I would have deserved… In those situations, I simply stepped aside and let them run the project…inevitability into the ground. Meanwhile, I worked on something else, usually something that was an exact duplication of what that person was trying to do, and usually did cleanup operations after he/she ran a project into the ground. Sounds mean? Well, I don't backstab people, but I definitely don't let people backstab me either. Sometimes, you can't really step aside at a startup, at which point it's plan B (you find another position, but you leave on a a good note, so that if things fail, they might call you back to help fix whatever thing was run into the ground).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 7:02 PM #146694
Coronita
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
There is an easy, fullproof way to get a manager position, provided you aren't a complete idiot and haven't burned any bridges. It works every single time. Work for a company in which the employees are so unhappy that they leave left or right. Then if you stick around, you automatically become a manager, unless they REALLY don't like you, at which point you should then leave.
Being manager doesn't mean that you are necessarily the most qualified. It means sometimes being in the right place at the right time.
The only couple of times i stepped into management were primarily when if I didn't I'd be working for someone less competent AND who I felt wouldn't give me the recognition that I would deserve, or when they other candidate would have created issues with the team to rip the team apart. Frankly, it wasn't particularly what I wanted to do, as I had to deal with all sorts of things like conflict, expectation management, budgets, which frankly took up more time that what I enjoy doing. I also don't mind working for someone who isn't as technically capable as me, as long as that person doesn't try to put one over me.
Then there were times when I was passed up for an management position and some imbecile was placed above me that would have made my life hell and would have stolen all recognition that I would have deserved… In those situations, I simply stepped aside and let them run the project…inevitability into the ground. Meanwhile, I worked on something else, usually something that was an exact duplication of what that person was trying to do, and usually did cleanup operations after he/she ran a project into the ground. Sounds mean? Well, I don't backstab people, but I definitely don't let people backstab me either. Sometimes, you can't really step aside at a startup, at which point it's plan B (you find another position, but you leave on a a good note, so that if things fail, they might call you back to help fix whatever thing was run into the ground).
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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January 31, 2008 at 6:31 PM #146581
bubble_contagion
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
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January 31, 2008 at 6:31 PM #146610
bubble_contagion
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
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January 31, 2008 at 6:31 PM #146619
bubble_contagion
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
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January 31, 2008 at 6:31 PM #146679
bubble_contagion
ParticipantMaking the jump from individual contributor to manager can be difficult. Other promotions can be based on seniority, experience, education, etc. Who gets selected to be a manager is much more subjective so keep this in mind.
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January 31, 2008 at 6:49 PM #146347
mixxalot
ParticipantNever take a paycut
Thats my philosophy. I would stay put it sounds like you are making a nice income.
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January 31, 2008 at 7:29 PM #146367
Portlock
ParticipantIf I had a new baby at home, I wouldn’t want to be working OT…or ANY extra hours….
On the other hand I have no daddy experience (yet!)…with that in mind, let’s ask the newer fathers out there – do you look forward to getting home ASAP??
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January 31, 2008 at 7:58 PM #146377
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
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January 31, 2008 at 8:20 PM #146382
Dukehorn
ParticipantI guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.
As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.
I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).
If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.
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January 31, 2008 at 10:22 PM #146417
Raybyrnes
ParticipantThe challenge with sales is that if you are capping your income out on overtimes as opposed to new clients you may face a paycut down the line.
While the pay disparity between what you are making now in sales vs what you might maek in management I might suggest this.
Work for another year in sales and work hard while the finace is in school. Before she gets out of school, if you like the challenges of management take the pay cut. During that year that your income is dopenw and your girlfriend is in school go ahead and get preapproved as a first time homebuyer. Your income will be low enough to qulify you for many state and federal programs. Could be tht your income goes down but your net at the end of the day is not that dieffernt if yopu play it right.
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February 1, 2008 at 7:02 AM #146472
Anonymous
GuestOn the most basic level, it seems like you need to ask yourself if your career goals involve management or just sales. Secondly, if you decide to go the management route, determine whether now is the right time to make your move. Rarely is there ever a ‘perfect’ time to pull the trigger, so if an opportunity presents itself and you are comfortable with the risk, go for it. I am in a bit of a career crisis myself right now and considered posting my own situation just yesterday!
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February 1, 2008 at 7:28 AM #146477
kicksavedave
ParticipantAm I missing something here? You’re in a sales position, but only get salary plus OT, what about commission? Do the sales managers get commission? If not, then its not a sales position, its a customer service position, or marketing position, whatever. But sales jobs imply that there is a salary plus commission which makes up the total earnings target. Where I work, the sales manager’s salary is a fraction higher than the sales reps, but their commission scale is based on a larger territory, so their net income potential is greater… otherwise they’d never be able to hire any managers. Your company seems backwards. How much does the CEO make, minimum wage?
There is no such thing as a promotion, with a pay cut. A promotion implies a pay raise. I took less money for a new job once, and regretted it forever, it took more than a decade to get back what I gave up financially. If the total, guaranteed earnings potential for this management position is less than what you make now, run like hell. You’d be gambling on a future windfall instead of taking the sure thing. A better idea would be to save the money at your current position, and take it to Vegas and gamble it all there, at least then you can control the odds.
Or better yet, save the money at your current position, and KEEP it, invest it! Money in the hand is worth a whole lot more than the risky potential for a little more later.
Have you calculated how much money you’ll need to make in the IPO just to get back to even? What comes after that?Just my humble $.02. Good luck with your decision.
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February 1, 2008 at 7:28 AM #146721
kicksavedave
ParticipantAm I missing something here? You’re in a sales position, but only get salary plus OT, what about commission? Do the sales managers get commission? If not, then its not a sales position, its a customer service position, or marketing position, whatever. But sales jobs imply that there is a salary plus commission which makes up the total earnings target. Where I work, the sales manager’s salary is a fraction higher than the sales reps, but their commission scale is based on a larger territory, so their net income potential is greater… otherwise they’d never be able to hire any managers. Your company seems backwards. How much does the CEO make, minimum wage?
There is no such thing as a promotion, with a pay cut. A promotion implies a pay raise. I took less money for a new job once, and regretted it forever, it took more than a decade to get back what I gave up financially. If the total, guaranteed earnings potential for this management position is less than what you make now, run like hell. You’d be gambling on a future windfall instead of taking the sure thing. A better idea would be to save the money at your current position, and take it to Vegas and gamble it all there, at least then you can control the odds.
Or better yet, save the money at your current position, and KEEP it, invest it! Money in the hand is worth a whole lot more than the risky potential for a little more later.
Have you calculated how much money you’ll need to make in the IPO just to get back to even? What comes after that?Just my humble $.02. Good luck with your decision.
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February 1, 2008 at 7:28 AM #146747
kicksavedave
ParticipantAm I missing something here? You’re in a sales position, but only get salary plus OT, what about commission? Do the sales managers get commission? If not, then its not a sales position, its a customer service position, or marketing position, whatever. But sales jobs imply that there is a salary plus commission which makes up the total earnings target. Where I work, the sales manager’s salary is a fraction higher than the sales reps, but their commission scale is based on a larger territory, so their net income potential is greater… otherwise they’d never be able to hire any managers. Your company seems backwards. How much does the CEO make, minimum wage?
There is no such thing as a promotion, with a pay cut. A promotion implies a pay raise. I took less money for a new job once, and regretted it forever, it took more than a decade to get back what I gave up financially. If the total, guaranteed earnings potential for this management position is less than what you make now, run like hell. You’d be gambling on a future windfall instead of taking the sure thing. A better idea would be to save the money at your current position, and take it to Vegas and gamble it all there, at least then you can control the odds.
Or better yet, save the money at your current position, and KEEP it, invest it! Money in the hand is worth a whole lot more than the risky potential for a little more later.
Have you calculated how much money you’ll need to make in the IPO just to get back to even? What comes after that?Just my humble $.02. Good luck with your decision.
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February 1, 2008 at 7:28 AM #146759
kicksavedave
ParticipantAm I missing something here? You’re in a sales position, but only get salary plus OT, what about commission? Do the sales managers get commission? If not, then its not a sales position, its a customer service position, or marketing position, whatever. But sales jobs imply that there is a salary plus commission which makes up the total earnings target. Where I work, the sales manager’s salary is a fraction higher than the sales reps, but their commission scale is based on a larger territory, so their net income potential is greater… otherwise they’d never be able to hire any managers. Your company seems backwards. How much does the CEO make, minimum wage?
There is no such thing as a promotion, with a pay cut. A promotion implies a pay raise. I took less money for a new job once, and regretted it forever, it took more than a decade to get back what I gave up financially. If the total, guaranteed earnings potential for this management position is less than what you make now, run like hell. You’d be gambling on a future windfall instead of taking the sure thing. A better idea would be to save the money at your current position, and take it to Vegas and gamble it all there, at least then you can control the odds.
Or better yet, save the money at your current position, and KEEP it, invest it! Money in the hand is worth a whole lot more than the risky potential for a little more later.
Have you calculated how much money you’ll need to make in the IPO just to get back to even? What comes after that?Just my humble $.02. Good luck with your decision.
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February 1, 2008 at 7:28 AM #146820
kicksavedave
ParticipantAm I missing something here? You’re in a sales position, but only get salary plus OT, what about commission? Do the sales managers get commission? If not, then its not a sales position, its a customer service position, or marketing position, whatever. But sales jobs imply that there is a salary plus commission which makes up the total earnings target. Where I work, the sales manager’s salary is a fraction higher than the sales reps, but their commission scale is based on a larger territory, so their net income potential is greater… otherwise they’d never be able to hire any managers. Your company seems backwards. How much does the CEO make, minimum wage?
There is no such thing as a promotion, with a pay cut. A promotion implies a pay raise. I took less money for a new job once, and regretted it forever, it took more than a decade to get back what I gave up financially. If the total, guaranteed earnings potential for this management position is less than what you make now, run like hell. You’d be gambling on a future windfall instead of taking the sure thing. A better idea would be to save the money at your current position, and take it to Vegas and gamble it all there, at least then you can control the odds.
Or better yet, save the money at your current position, and KEEP it, invest it! Money in the hand is worth a whole lot more than the risky potential for a little more later.
Have you calculated how much money you’ll need to make in the IPO just to get back to even? What comes after that?Just my humble $.02. Good luck with your decision.
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February 1, 2008 at 7:37 AM #146482
zzz
ParticipantYou’re in sales but you didn’t mention anything about commissions or override on the performance of your team as a manager? Well you said sales more or less, so I’m guessing you’re not the outside new sales guy. Here are some questions I have and ones you may want to ask with respect to new role, as well as negotiate on.
–What is the OTE for the position as a manager? Is there no variable comp built in? Do you have commissions/ bonuses today in your current role?
–You may want to consider accepting a lower base IF your OTE is higher AND there actually people at that level achieving OTE or exceeding it. IF you cannot find that a good majority of the people achieve OTE, then its probably not a realistic sales target for the current stage of the solution/company, or the sales guys aren’t very good at what they do.
–OR, the lower base is commensurate with a change in role. For instance -if say you’re in a pre-sales sales engineer role, the bases tend to be higher, but the overall comp is lower than the saleperson. The salesperson’s base is typically 20-30% lower in some instances, but IF you do your job and you have a saleable product / captive audience, you should make far more than you could have as a sales engineer.
–If they cannot negotiate on base, negotiate on commissions. If they pay you an override based on team performance, negotiate a higher step up, accelerator above target, etc.
If you believe in the company, and this role enables you to make more money if your team produces, then you should go for it – stock options or not. Sales is about taking risks, otherwise what would be the point in putting yourself on the front line if there was not the possibility of bigger rewards?
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February 1, 2008 at 7:37 AM #146726
zzz
ParticipantYou’re in sales but you didn’t mention anything about commissions or override on the performance of your team as a manager? Well you said sales more or less, so I’m guessing you’re not the outside new sales guy. Here are some questions I have and ones you may want to ask with respect to new role, as well as negotiate on.
–What is the OTE for the position as a manager? Is there no variable comp built in? Do you have commissions/ bonuses today in your current role?
–You may want to consider accepting a lower base IF your OTE is higher AND there actually people at that level achieving OTE or exceeding it. IF you cannot find that a good majority of the people achieve OTE, then its probably not a realistic sales target for the current stage of the solution/company, or the sales guys aren’t very good at what they do.
–OR, the lower base is commensurate with a change in role. For instance -if say you’re in a pre-sales sales engineer role, the bases tend to be higher, but the overall comp is lower than the saleperson. The salesperson’s base is typically 20-30% lower in some instances, but IF you do your job and you have a saleable product / captive audience, you should make far more than you could have as a sales engineer.
–If they cannot negotiate on base, negotiate on commissions. If they pay you an override based on team performance, negotiate a higher step up, accelerator above target, etc.
If you believe in the company, and this role enables you to make more money if your team produces, then you should go for it – stock options or not. Sales is about taking risks, otherwise what would be the point in putting yourself on the front line if there was not the possibility of bigger rewards?
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February 1, 2008 at 7:37 AM #146752
zzz
ParticipantYou’re in sales but you didn’t mention anything about commissions or override on the performance of your team as a manager? Well you said sales more or less, so I’m guessing you’re not the outside new sales guy. Here are some questions I have and ones you may want to ask with respect to new role, as well as negotiate on.
–What is the OTE for the position as a manager? Is there no variable comp built in? Do you have commissions/ bonuses today in your current role?
–You may want to consider accepting a lower base IF your OTE is higher AND there actually people at that level achieving OTE or exceeding it. IF you cannot find that a good majority of the people achieve OTE, then its probably not a realistic sales target for the current stage of the solution/company, or the sales guys aren’t very good at what they do.
–OR, the lower base is commensurate with a change in role. For instance -if say you’re in a pre-sales sales engineer role, the bases tend to be higher, but the overall comp is lower than the saleperson. The salesperson’s base is typically 20-30% lower in some instances, but IF you do your job and you have a saleable product / captive audience, you should make far more than you could have as a sales engineer.
–If they cannot negotiate on base, negotiate on commissions. If they pay you an override based on team performance, negotiate a higher step up, accelerator above target, etc.
If you believe in the company, and this role enables you to make more money if your team produces, then you should go for it – stock options or not. Sales is about taking risks, otherwise what would be the point in putting yourself on the front line if there was not the possibility of bigger rewards?
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February 1, 2008 at 7:37 AM #146764
zzz
ParticipantYou’re in sales but you didn’t mention anything about commissions or override on the performance of your team as a manager? Well you said sales more or less, so I’m guessing you’re not the outside new sales guy. Here are some questions I have and ones you may want to ask with respect to new role, as well as negotiate on.
–What is the OTE for the position as a manager? Is there no variable comp built in? Do you have commissions/ bonuses today in your current role?
–You may want to consider accepting a lower base IF your OTE is higher AND there actually people at that level achieving OTE or exceeding it. IF you cannot find that a good majority of the people achieve OTE, then its probably not a realistic sales target for the current stage of the solution/company, or the sales guys aren’t very good at what they do.
–OR, the lower base is commensurate with a change in role. For instance -if say you’re in a pre-sales sales engineer role, the bases tend to be higher, but the overall comp is lower than the saleperson. The salesperson’s base is typically 20-30% lower in some instances, but IF you do your job and you have a saleable product / captive audience, you should make far more than you could have as a sales engineer.
–If they cannot negotiate on base, negotiate on commissions. If they pay you an override based on team performance, negotiate a higher step up, accelerator above target, etc.
If you believe in the company, and this role enables you to make more money if your team produces, then you should go for it – stock options or not. Sales is about taking risks, otherwise what would be the point in putting yourself on the front line if there was not the possibility of bigger rewards?
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February 1, 2008 at 7:37 AM #146825
zzz
ParticipantYou’re in sales but you didn’t mention anything about commissions or override on the performance of your team as a manager? Well you said sales more or less, so I’m guessing you’re not the outside new sales guy. Here are some questions I have and ones you may want to ask with respect to new role, as well as negotiate on.
–What is the OTE for the position as a manager? Is there no variable comp built in? Do you have commissions/ bonuses today in your current role?
–You may want to consider accepting a lower base IF your OTE is higher AND there actually people at that level achieving OTE or exceeding it. IF you cannot find that a good majority of the people achieve OTE, then its probably not a realistic sales target for the current stage of the solution/company, or the sales guys aren’t very good at what they do.
–OR, the lower base is commensurate with a change in role. For instance -if say you’re in a pre-sales sales engineer role, the bases tend to be higher, but the overall comp is lower than the saleperson. The salesperson’s base is typically 20-30% lower in some instances, but IF you do your job and you have a saleable product / captive audience, you should make far more than you could have as a sales engineer.
–If they cannot negotiate on base, negotiate on commissions. If they pay you an override based on team performance, negotiate a higher step up, accelerator above target, etc.
If you believe in the company, and this role enables you to make more money if your team produces, then you should go for it – stock options or not. Sales is about taking risks, otherwise what would be the point in putting yourself on the front line if there was not the possibility of bigger rewards?
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February 1, 2008 at 7:02 AM #146716
Anonymous
GuestOn the most basic level, it seems like you need to ask yourself if your career goals involve management or just sales. Secondly, if you decide to go the management route, determine whether now is the right time to make your move. Rarely is there ever a ‘perfect’ time to pull the trigger, so if an opportunity presents itself and you are comfortable with the risk, go for it. I am in a bit of a career crisis myself right now and considered posting my own situation just yesterday!
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February 1, 2008 at 7:02 AM #146743
Anonymous
GuestOn the most basic level, it seems like you need to ask yourself if your career goals involve management or just sales. Secondly, if you decide to go the management route, determine whether now is the right time to make your move. Rarely is there ever a ‘perfect’ time to pull the trigger, so if an opportunity presents itself and you are comfortable with the risk, go for it. I am in a bit of a career crisis myself right now and considered posting my own situation just yesterday!
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February 1, 2008 at 7:02 AM #146754
Anonymous
GuestOn the most basic level, it seems like you need to ask yourself if your career goals involve management or just sales. Secondly, if you decide to go the management route, determine whether now is the right time to make your move. Rarely is there ever a ‘perfect’ time to pull the trigger, so if an opportunity presents itself and you are comfortable with the risk, go for it. I am in a bit of a career crisis myself right now and considered posting my own situation just yesterday!
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February 1, 2008 at 7:02 AM #146815
Anonymous
GuestOn the most basic level, it seems like you need to ask yourself if your career goals involve management or just sales. Secondly, if you decide to go the management route, determine whether now is the right time to make your move. Rarely is there ever a ‘perfect’ time to pull the trigger, so if an opportunity presents itself and you are comfortable with the risk, go for it. I am in a bit of a career crisis myself right now and considered posting my own situation just yesterday!
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January 31, 2008 at 10:22 PM #146661
Raybyrnes
ParticipantThe challenge with sales is that if you are capping your income out on overtimes as opposed to new clients you may face a paycut down the line.
While the pay disparity between what you are making now in sales vs what you might maek in management I might suggest this.
Work for another year in sales and work hard while the finace is in school. Before she gets out of school, if you like the challenges of management take the pay cut. During that year that your income is dopenw and your girlfriend is in school go ahead and get preapproved as a first time homebuyer. Your income will be low enough to qulify you for many state and federal programs. Could be tht your income goes down but your net at the end of the day is not that dieffernt if yopu play it right.
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January 31, 2008 at 10:22 PM #146688
Raybyrnes
ParticipantThe challenge with sales is that if you are capping your income out on overtimes as opposed to new clients you may face a paycut down the line.
While the pay disparity between what you are making now in sales vs what you might maek in management I might suggest this.
Work for another year in sales and work hard while the finace is in school. Before she gets out of school, if you like the challenges of management take the pay cut. During that year that your income is dopenw and your girlfriend is in school go ahead and get preapproved as a first time homebuyer. Your income will be low enough to qulify you for many state and federal programs. Could be tht your income goes down but your net at the end of the day is not that dieffernt if yopu play it right.
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January 31, 2008 at 10:22 PM #146700
Raybyrnes
ParticipantThe challenge with sales is that if you are capping your income out on overtimes as opposed to new clients you may face a paycut down the line.
While the pay disparity between what you are making now in sales vs what you might maek in management I might suggest this.
Work for another year in sales and work hard while the finace is in school. Before she gets out of school, if you like the challenges of management take the pay cut. During that year that your income is dopenw and your girlfriend is in school go ahead and get preapproved as a first time homebuyer. Your income will be low enough to qulify you for many state and federal programs. Could be tht your income goes down but your net at the end of the day is not that dieffernt if yopu play it right.
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January 31, 2008 at 10:22 PM #146760
Raybyrnes
ParticipantThe challenge with sales is that if you are capping your income out on overtimes as opposed to new clients you may face a paycut down the line.
While the pay disparity between what you are making now in sales vs what you might maek in management I might suggest this.
Work for another year in sales and work hard while the finace is in school. Before she gets out of school, if you like the challenges of management take the pay cut. During that year that your income is dopenw and your girlfriend is in school go ahead and get preapproved as a first time homebuyer. Your income will be low enough to qulify you for many state and federal programs. Could be tht your income goes down but your net at the end of the day is not that dieffernt if yopu play it right.
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January 31, 2008 at 8:20 PM #146626
Dukehorn
ParticipantI guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.
As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.
I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).
If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.
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January 31, 2008 at 8:20 PM #146653
Dukehorn
ParticipantI guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.
As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.
I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).
If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.
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January 31, 2008 at 8:20 PM #146665
Dukehorn
ParticipantI guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.
As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.
I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).
If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.
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January 31, 2008 at 8:20 PM #146724
Dukehorn
ParticipantI guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.
As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.
I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).
If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.
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January 31, 2008 at 7:58 PM #146621
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
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January 31, 2008 at 7:58 PM #146648
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
-
January 31, 2008 at 7:58 PM #146660
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
-
January 31, 2008 at 7:58 PM #146719
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
-
-
January 31, 2008 at 7:29 PM #146611
Portlock
ParticipantIf I had a new baby at home, I wouldn’t want to be working OT…or ANY extra hours….
On the other hand I have no daddy experience (yet!)…with that in mind, let’s ask the newer fathers out there – do you look forward to getting home ASAP??
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January 31, 2008 at 7:29 PM #146638
Portlock
ParticipantIf I had a new baby at home, I wouldn’t want to be working OT…or ANY extra hours….
On the other hand I have no daddy experience (yet!)…with that in mind, let’s ask the newer fathers out there – do you look forward to getting home ASAP??
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January 31, 2008 at 7:29 PM #146650
Portlock
ParticipantIf I had a new baby at home, I wouldn’t want to be working OT…or ANY extra hours….
On the other hand I have no daddy experience (yet!)…with that in mind, let’s ask the newer fathers out there – do you look forward to getting home ASAP??
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January 31, 2008 at 7:29 PM #146709
Portlock
ParticipantIf I had a new baby at home, I wouldn’t want to be working OT…or ANY extra hours….
On the other hand I have no daddy experience (yet!)…with that in mind, let’s ask the newer fathers out there – do you look forward to getting home ASAP??
-
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January 31, 2008 at 6:49 PM #146591
mixxalot
ParticipantNever take a paycut
Thats my philosophy. I would stay put it sounds like you are making a nice income.
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January 31, 2008 at 6:49 PM #146620
mixxalot
ParticipantNever take a paycut
Thats my philosophy. I would stay put it sounds like you are making a nice income.
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January 31, 2008 at 6:49 PM #146630
mixxalot
ParticipantNever take a paycut
Thats my philosophy. I would stay put it sounds like you are making a nice income.
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January 31, 2008 at 6:49 PM #146689
mixxalot
ParticipantNever take a paycut
Thats my philosophy. I would stay put it sounds like you are making a nice income.
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February 1, 2008 at 8:57 AM #146512
condogrrl
ParticipantUse a condom until your girlfriend gets out of school, has a job, and you are married. If you’re saving for a house, then save for a child while you’re at it.
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February 1, 2008 at 12:53 PM #146652
Casca
ParticipantIf you really want to make a smart financial move, cut your losses, and dump the bitch. If you marry her, half of all your net worth belongs to her, just as soon as she decides she’s tired of you. If you have children the court will order you to give her a monthly stipend based on your combined incomes. Yours of course being larger, they’ll allow you to pay the lions share, and she’ll get to decide how to spend that money in the children’s best interest. Usually, that involves buying the necessities in life for finding the next sucker. Finally, if she can hang on for ten years, you’ll also have the opportunity to pay her alimony for all of her marital contributions, until she decides to remarry, or one of you dies.
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February 1, 2008 at 5:50 PM #146833
scaredyclassic
Participantgotta second casca’s comment. All this other stuff really has minimal effect on you compared to your potential divorce. Of course, you won’t be getting divorced, so this doesn’t apply to you. But it’s a heck of a lot more likely you will, compared to cashing in on that IPO…
Drink Heavily.
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February 1, 2008 at 5:50 PM #147076
scaredyclassic
Participantgotta second casca’s comment. All this other stuff really has minimal effect on you compared to your potential divorce. Of course, you won’t be getting divorced, so this doesn’t apply to you. But it’s a heck of a lot more likely you will, compared to cashing in on that IPO…
Drink Heavily.
-
February 1, 2008 at 5:50 PM #147103
scaredyclassic
Participantgotta second casca’s comment. All this other stuff really has minimal effect on you compared to your potential divorce. Of course, you won’t be getting divorced, so this doesn’t apply to you. But it’s a heck of a lot more likely you will, compared to cashing in on that IPO…
Drink Heavily.
-
February 1, 2008 at 5:50 PM #147114
scaredyclassic
Participantgotta second casca’s comment. All this other stuff really has minimal effect on you compared to your potential divorce. Of course, you won’t be getting divorced, so this doesn’t apply to you. But it’s a heck of a lot more likely you will, compared to cashing in on that IPO…
Drink Heavily.
-
February 1, 2008 at 5:50 PM #147175
scaredyclassic
Participantgotta second casca’s comment. All this other stuff really has minimal effect on you compared to your potential divorce. Of course, you won’t be getting divorced, so this doesn’t apply to you. But it’s a heck of a lot more likely you will, compared to cashing in on that IPO…
Drink Heavily.
-
-
February 1, 2008 at 12:53 PM #146896
Casca
ParticipantIf you really want to make a smart financial move, cut your losses, and dump the bitch. If you marry her, half of all your net worth belongs to her, just as soon as she decides she’s tired of you. If you have children the court will order you to give her a monthly stipend based on your combined incomes. Yours of course being larger, they’ll allow you to pay the lions share, and she’ll get to decide how to spend that money in the children’s best interest. Usually, that involves buying the necessities in life for finding the next sucker. Finally, if she can hang on for ten years, you’ll also have the opportunity to pay her alimony for all of her marital contributions, until she decides to remarry, or one of you dies.
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February 1, 2008 at 12:53 PM #146923
Casca
ParticipantIf you really want to make a smart financial move, cut your losses, and dump the bitch. If you marry her, half of all your net worth belongs to her, just as soon as she decides she’s tired of you. If you have children the court will order you to give her a monthly stipend based on your combined incomes. Yours of course being larger, they’ll allow you to pay the lions share, and she’ll get to decide how to spend that money in the children’s best interest. Usually, that involves buying the necessities in life for finding the next sucker. Finally, if she can hang on for ten years, you’ll also have the opportunity to pay her alimony for all of her marital contributions, until she decides to remarry, or one of you dies.
-
February 1, 2008 at 12:53 PM #146934
Casca
ParticipantIf you really want to make a smart financial move, cut your losses, and dump the bitch. If you marry her, half of all your net worth belongs to her, just as soon as she decides she’s tired of you. If you have children the court will order you to give her a monthly stipend based on your combined incomes. Yours of course being larger, they’ll allow you to pay the lions share, and she’ll get to decide how to spend that money in the children’s best interest. Usually, that involves buying the necessities in life for finding the next sucker. Finally, if she can hang on for ten years, you’ll also have the opportunity to pay her alimony for all of her marital contributions, until she decides to remarry, or one of you dies.
-
February 1, 2008 at 12:53 PM #146995
Casca
ParticipantIf you really want to make a smart financial move, cut your losses, and dump the bitch. If you marry her, half of all your net worth belongs to her, just as soon as she decides she’s tired of you. If you have children the court will order you to give her a monthly stipend based on your combined incomes. Yours of course being larger, they’ll allow you to pay the lions share, and she’ll get to decide how to spend that money in the children’s best interest. Usually, that involves buying the necessities in life for finding the next sucker. Finally, if she can hang on for ten years, you’ll also have the opportunity to pay her alimony for all of her marital contributions, until she decides to remarry, or one of you dies.
-
-
February 1, 2008 at 8:57 AM #146756
condogrrl
ParticipantUse a condom until your girlfriend gets out of school, has a job, and you are married. If you’re saving for a house, then save for a child while you’re at it.
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February 1, 2008 at 8:57 AM #146782
condogrrl
ParticipantUse a condom until your girlfriend gets out of school, has a job, and you are married. If you’re saving for a house, then save for a child while you’re at it.
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February 1, 2008 at 8:57 AM #146794
condogrrl
ParticipantUse a condom until your girlfriend gets out of school, has a job, and you are married. If you’re saving for a house, then save for a child while you’re at it.
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February 1, 2008 at 8:57 AM #146854
condogrrl
ParticipantUse a condom until your girlfriend gets out of school, has a job, and you are married. If you’re saving for a house, then save for a child while you’re at it.
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February 1, 2008 at 8:32 PM #146863
4826monongahela
ParticipantStay where you are, don’t take the promotion. Sounds like you’re kicking ass, now. Levereage exactly what your currently doing successfully (it sounds like your doing it successfully, anyway) to make more $.
sales is the engine that powers the company. A very good rep is gold to the company. Your earning potential will always be greater as a star sales rep than a mgr and your job very secure (as long as you deliver sales.) You can be the biggest ahole around, but if you’re reliably overachieving on your number, then you walk on water, as far as sr mgmt is concerned.
Middle managers are a dime-a-dozen. Position is *very* vulnerable and it can be frustrating – you are accountable for a sales number, but you don’t have direct, unfettered control over achieving it (your reps underneath you do.) Often the best sales reps are poor sales managers – requires different skillset.
On the otherhand, consider the position if you are a crappy to mediocre rep. If this is the case, then you’re current position isn’t safe and you probably should get out of a direct sales position.
You should have a base salary + commission, with the latter component being significant and not capped – with real earning potential for the star performers. If not, I agree with previous post, you’re not in a real sales position.
“Options” in your instance sounds like a manner of seducing you into the lower OTE. You won’t be given squat for options. You’ll get a token amount that sounds great, but read the option grant smallprint, do the math & you’ll see they’ll amount to little, even in the best of scenarios as they slowly vest over many yrs. Also, they’ll be valued at current estimate of company worth, not when company started. Just as it should be, the original founders & any subsequent investors will stand to make real money on any stock (options) not middle managers, yrs after company was founded. (Unless your company is the one-in-a-million w/ some new earthshattering platform, which is highly unlikely, despite what sr mgmt is undoubtably saying.) You have a better chance of getting meaningful options as a star sales rep, than as a middle mgr – go in to sr mgmt & win them, same way you win a new customer and bring in new business as a sales rep.
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February 1, 2008 at 11:43 PM #146922
Anonymous
GuestOP, you’ve gotten a lot of good advice on here. These guys are smart. However, please disregard the filth that Casca posted.
About the pregnancy issue, if you don’t want to have children right now, then use protection. BUT, you need to talk about it with your fiance. Timing with regards to having children should be a mutual decision. Start your marriage out on the right foot and it has a better chance of enduring.
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February 2, 2008 at 1:43 AM #146952
djc
ParticipantStay in the higher paying job. Never downgrade your pay, at least voluntarily.
Other free advice:
Don’t get married, unless you have great luck with gambling. Women will tell you to disregard that advice, as they are the sole benefactors of marriage and the most likely divorce.
Use a dub, don’t get her pregnant.
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February 2, 2008 at 5:23 AM #146957
Anonymous
GuestHere’s a solution: Keep rocking as a sales rep and then negotiate your pay to include stock options. If you are a top sales guy they will not want to lose you and should give it to you. I know many sales reps who earned options as sales reps back in the 90s.
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February 2, 2008 at 5:23 AM #147203
Anonymous
GuestHere’s a solution: Keep rocking as a sales rep and then negotiate your pay to include stock options. If you are a top sales guy they will not want to lose you and should give it to you. I know many sales reps who earned options as sales reps back in the 90s.
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February 2, 2008 at 5:23 AM #147227
Anonymous
GuestHere’s a solution: Keep rocking as a sales rep and then negotiate your pay to include stock options. If you are a top sales guy they will not want to lose you and should give it to you. I know many sales reps who earned options as sales reps back in the 90s.
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February 2, 2008 at 5:23 AM #147237
Anonymous
GuestHere’s a solution: Keep rocking as a sales rep and then negotiate your pay to include stock options. If you are a top sales guy they will not want to lose you and should give it to you. I know many sales reps who earned options as sales reps back in the 90s.
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February 2, 2008 at 5:23 AM #147302
Anonymous
GuestHere’s a solution: Keep rocking as a sales rep and then negotiate your pay to include stock options. If you are a top sales guy they will not want to lose you and should give it to you. I know many sales reps who earned options as sales reps back in the 90s.
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February 2, 2008 at 1:43 AM #147196
djc
ParticipantStay in the higher paying job. Never downgrade your pay, at least voluntarily.
Other free advice:
Don’t get married, unless you have great luck with gambling. Women will tell you to disregard that advice, as they are the sole benefactors of marriage and the most likely divorce.
Use a dub, don’t get her pregnant.
-
February 2, 2008 at 1:43 AM #147221
djc
ParticipantStay in the higher paying job. Never downgrade your pay, at least voluntarily.
Other free advice:
Don’t get married, unless you have great luck with gambling. Women will tell you to disregard that advice, as they are the sole benefactors of marriage and the most likely divorce.
Use a dub, don’t get her pregnant.
-
February 2, 2008 at 1:43 AM #147232
djc
ParticipantStay in the higher paying job. Never downgrade your pay, at least voluntarily.
Other free advice:
Don’t get married, unless you have great luck with gambling. Women will tell you to disregard that advice, as they are the sole benefactors of marriage and the most likely divorce.
Use a dub, don’t get her pregnant.
-
February 2, 2008 at 1:43 AM #147297
djc
ParticipantStay in the higher paying job. Never downgrade your pay, at least voluntarily.
Other free advice:
Don’t get married, unless you have great luck with gambling. Women will tell you to disregard that advice, as they are the sole benefactors of marriage and the most likely divorce.
Use a dub, don’t get her pregnant.
-
-
February 1, 2008 at 11:43 PM #147168
Anonymous
GuestOP, you’ve gotten a lot of good advice on here. These guys are smart. However, please disregard the filth that Casca posted.
About the pregnancy issue, if you don’t want to have children right now, then use protection. BUT, you need to talk about it with your fiance. Timing with regards to having children should be a mutual decision. Start your marriage out on the right foot and it has a better chance of enduring.
-
February 1, 2008 at 11:43 PM #147191
Anonymous
GuestOP, you’ve gotten a lot of good advice on here. These guys are smart. However, please disregard the filth that Casca posted.
About the pregnancy issue, if you don’t want to have children right now, then use protection. BUT, you need to talk about it with your fiance. Timing with regards to having children should be a mutual decision. Start your marriage out on the right foot and it has a better chance of enduring.
-
February 1, 2008 at 11:43 PM #147201
Anonymous
GuestOP, you’ve gotten a lot of good advice on here. These guys are smart. However, please disregard the filth that Casca posted.
About the pregnancy issue, if you don’t want to have children right now, then use protection. BUT, you need to talk about it with your fiance. Timing with regards to having children should be a mutual decision. Start your marriage out on the right foot and it has a better chance of enduring.
-
February 1, 2008 at 11:43 PM #147265
Anonymous
GuestOP, you’ve gotten a lot of good advice on here. These guys are smart. However, please disregard the filth that Casca posted.
About the pregnancy issue, if you don’t want to have children right now, then use protection. BUT, you need to talk about it with your fiance. Timing with regards to having children should be a mutual decision. Start your marriage out on the right foot and it has a better chance of enduring.
-
February 2, 2008 at 6:31 AM #146963
Allan from Fallbrook
Participant4826: You hit the nail on the head. Back in my corporate days, I worked for a very large insurance broker. It was a production-driven culture, with the big producers the stars of the show. I was a CFO at the time, and even I knew where the line was when it came to pushing these guys.
The middle managers may have had the title, but no real power came with it. We had several downsizings following a merger, and the middle managers were the first to go. The sales force/producers were the first protected, and for good reason: They were the real reason behind the acquisition in the first place.
I don’t think what Casca/PD wrote is filth, by the way. Might be inaptly stated, but it certainly bears consideration, especially at your earning level, age and point in career. Given the statistics on marriage and divorce, you need to make provisions here as well.
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February 2, 2008 at 3:30 PM #147209
Anonymous
Guest^^^Inaptly stated? You think?
Hi, Allan from Fallbrook.
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February 2, 2008 at 3:47 PM #147214
Anonymous
GuestI don’t get all this cynicism. Most people know marriage is a crap shoot in this day and age. Does that mean you guys should scare the OP away from the woman he chose? If he’s smart enough to make the income he’s making, he should be smart enough to choose his women wisely. Do you men need to hold his hand?
It’s not always the woman’s fault. I married an asshole. I suffered. It’s pretty obvious Casca has been taken to the cleaners, hence the bitterness.
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February 2, 2008 at 4:12 PM #147233
Casca
ParticipantWhy is it that women react so viciously when a man simply states the facts of life vis marriage in our culture? The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel. I know many men who pay alimony. I have yet to meet a woman who does.
They say you never really know a woman until you meet her in court. “Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
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February 2, 2008 at 4:25 PM #147243
Allan from Fallbrook
ParticipantCasca: There will always be a large amount of vitriol surrounding this subject, but I agree wholeheartedly that once you take the plunge, you are on the hook financially, and you had better be damn sure about your decision. If you haven’t been through the wringer (divorce) before, it pays to heed the advice of those that have. I’ve gone through one before, and I wouldn’t wish it on my worst enemy. The irony is that it was fairly amicable. Fairly being something of a relative term, of course.
Hey, Marion. What’s shaking?
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February 2, 2008 at 4:25 PM #147489
Allan from Fallbrook
ParticipantCasca: There will always be a large amount of vitriol surrounding this subject, but I agree wholeheartedly that once you take the plunge, you are on the hook financially, and you had better be damn sure about your decision. If you haven’t been through the wringer (divorce) before, it pays to heed the advice of those that have. I’ve gone through one before, and I wouldn’t wish it on my worst enemy. The irony is that it was fairly amicable. Fairly being something of a relative term, of course.
Hey, Marion. What’s shaking?
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February 2, 2008 at 4:25 PM #147511
Allan from Fallbrook
ParticipantCasca: There will always be a large amount of vitriol surrounding this subject, but I agree wholeheartedly that once you take the plunge, you are on the hook financially, and you had better be damn sure about your decision. If you haven’t been through the wringer (divorce) before, it pays to heed the advice of those that have. I’ve gone through one before, and I wouldn’t wish it on my worst enemy. The irony is that it was fairly amicable. Fairly being something of a relative term, of course.
Hey, Marion. What’s shaking?
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February 2, 2008 at 4:25 PM #147521
Allan from Fallbrook
ParticipantCasca: There will always be a large amount of vitriol surrounding this subject, but I agree wholeheartedly that once you take the plunge, you are on the hook financially, and you had better be damn sure about your decision. If you haven’t been through the wringer (divorce) before, it pays to heed the advice of those that have. I’ve gone through one before, and I wouldn’t wish it on my worst enemy. The irony is that it was fairly amicable. Fairly being something of a relative term, of course.
Hey, Marion. What’s shaking?
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February 2, 2008 at 4:25 PM #147590
Allan from Fallbrook
ParticipantCasca: There will always be a large amount of vitriol surrounding this subject, but I agree wholeheartedly that once you take the plunge, you are on the hook financially, and you had better be damn sure about your decision. If you haven’t been through the wringer (divorce) before, it pays to heed the advice of those that have. I’ve gone through one before, and I wouldn’t wish it on my worst enemy. The irony is that it was fairly amicable. Fairly being something of a relative term, of course.
Hey, Marion. What’s shaking?
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February 2, 2008 at 5:03 PM #147253
Anonymous
GuestSubmitted by Casca on February 2, 2008 – 5:12pm.
The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel.
You act like this only applies to men. Well, it works both ways, buddy. Regardless of gender, there will be individuals out there who are interested in you for what they can get out of it. I’m a woman, obviously, and I don’t want to end up with some leech who sucks the blood out of me either.
I know many men who pay alimony. I have yet to meet a woman who does.
Well, I know one. She’s a successful lawyer. Although her ex-husband also has a law degree, he’s a deadbeat parasite. He receives a monthly alimony check from her.
“Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
I can’t believe what I’m hearing. I guess “bitch” isn’t so nasty when talking about the women who raise children you men sired from your lustful loins.
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February 2, 2008 at 6:19 PM #147316
Allan from Fallbrook
Participantmarion: I think we’re getting somewhat off topic here. You’re treating this as an ad hominem attack on all women, and I don’t think that is what anyone is saying. Everyone has horror stories about men and women and relationships (especially marriages) gone bad, and the resultant damage.
Getting back on point, the advice offered here was to be careful, and make sure you know what you are getting in to. Dude in question is asking for advice on some fairly weighty issues, and advising caution on anything that could potentially cost you 50% of everything is totally fair.
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February 2, 2008 at 9:58 PM #147340
Anonymous
GuestI’m doing fine tonight, Allan. How are you doing? Actually, I’m moving, which sucks. Getting the last little things ready to go.
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February 2, 2008 at 10:44 PM #147355
Allan from Fallbrook
Participantmarion: Since TG is undoubtedly waiting to pounce on me if I wander too far astray, I will keep my response brief. I’m working, which also sucks.
Sorry to hear about the moving. Never an enjoyable experience, even under the best of circumstances. Significant quantities of booze definitely helps, as I am sure some of our more debauched colleagues would agree.
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February 2, 2008 at 10:44 PM #147604
Allan from Fallbrook
Participantmarion: Since TG is undoubtedly waiting to pounce on me if I wander too far astray, I will keep my response brief. I’m working, which also sucks.
Sorry to hear about the moving. Never an enjoyable experience, even under the best of circumstances. Significant quantities of booze definitely helps, as I am sure some of our more debauched colleagues would agree.
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February 2, 2008 at 10:44 PM #147626
Allan from Fallbrook
Participantmarion: Since TG is undoubtedly waiting to pounce on me if I wander too far astray, I will keep my response brief. I’m working, which also sucks.
Sorry to hear about the moving. Never an enjoyable experience, even under the best of circumstances. Significant quantities of booze definitely helps, as I am sure some of our more debauched colleagues would agree.
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February 2, 2008 at 10:44 PM #147638
Allan from Fallbrook
Participantmarion: Since TG is undoubtedly waiting to pounce on me if I wander too far astray, I will keep my response brief. I’m working, which also sucks.
Sorry to hear about the moving. Never an enjoyable experience, even under the best of circumstances. Significant quantities of booze definitely helps, as I am sure some of our more debauched colleagues would agree.
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February 2, 2008 at 10:44 PM #147705
Allan from Fallbrook
Participantmarion: Since TG is undoubtedly waiting to pounce on me if I wander too far astray, I will keep my response brief. I’m working, which also sucks.
Sorry to hear about the moving. Never an enjoyable experience, even under the best of circumstances. Significant quantities of booze definitely helps, as I am sure some of our more debauched colleagues would agree.
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February 2, 2008 at 9:58 PM #147586
Anonymous
GuestI’m doing fine tonight, Allan. How are you doing? Actually, I’m moving, which sucks. Getting the last little things ready to go.
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February 2, 2008 at 9:58 PM #147611
Anonymous
GuestI’m doing fine tonight, Allan. How are you doing? Actually, I’m moving, which sucks. Getting the last little things ready to go.
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February 2, 2008 at 9:58 PM #147621
Anonymous
GuestI’m doing fine tonight, Allan. How are you doing? Actually, I’m moving, which sucks. Getting the last little things ready to go.
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February 2, 2008 at 9:58 PM #147690
Anonymous
GuestI’m doing fine tonight, Allan. How are you doing? Actually, I’m moving, which sucks. Getting the last little things ready to go.
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February 2, 2008 at 6:19 PM #147562
Allan from Fallbrook
Participantmarion: I think we’re getting somewhat off topic here. You’re treating this as an ad hominem attack on all women, and I don’t think that is what anyone is saying. Everyone has horror stories about men and women and relationships (especially marriages) gone bad, and the resultant damage.
Getting back on point, the advice offered here was to be careful, and make sure you know what you are getting in to. Dude in question is asking for advice on some fairly weighty issues, and advising caution on anything that could potentially cost you 50% of everything is totally fair.
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February 2, 2008 at 6:19 PM #147589
Allan from Fallbrook
Participantmarion: I think we’re getting somewhat off topic here. You’re treating this as an ad hominem attack on all women, and I don’t think that is what anyone is saying. Everyone has horror stories about men and women and relationships (especially marriages) gone bad, and the resultant damage.
Getting back on point, the advice offered here was to be careful, and make sure you know what you are getting in to. Dude in question is asking for advice on some fairly weighty issues, and advising caution on anything that could potentially cost you 50% of everything is totally fair.
-
February 2, 2008 at 6:19 PM #147596
Allan from Fallbrook
Participantmarion: I think we’re getting somewhat off topic here. You’re treating this as an ad hominem attack on all women, and I don’t think that is what anyone is saying. Everyone has horror stories about men and women and relationships (especially marriages) gone bad, and the resultant damage.
Getting back on point, the advice offered here was to be careful, and make sure you know what you are getting in to. Dude in question is asking for advice on some fairly weighty issues, and advising caution on anything that could potentially cost you 50% of everything is totally fair.
-
February 2, 2008 at 6:19 PM #147661
Allan from Fallbrook
Participantmarion: I think we’re getting somewhat off topic here. You’re treating this as an ad hominem attack on all women, and I don’t think that is what anyone is saying. Everyone has horror stories about men and women and relationships (especially marriages) gone bad, and the resultant damage.
Getting back on point, the advice offered here was to be careful, and make sure you know what you are getting in to. Dude in question is asking for advice on some fairly weighty issues, and advising caution on anything that could potentially cost you 50% of everything is totally fair.
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February 2, 2008 at 5:03 PM #147499
Anonymous
GuestSubmitted by Casca on February 2, 2008 – 5:12pm.
The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel.
You act like this only applies to men. Well, it works both ways, buddy. Regardless of gender, there will be individuals out there who are interested in you for what they can get out of it. I’m a woman, obviously, and I don’t want to end up with some leech who sucks the blood out of me either.
I know many men who pay alimony. I have yet to meet a woman who does.
Well, I know one. She’s a successful lawyer. Although her ex-husband also has a law degree, he’s a deadbeat parasite. He receives a monthly alimony check from her.
“Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
I can’t believe what I’m hearing. I guess “bitch” isn’t so nasty when talking about the women who raise children you men sired from your lustful loins.
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February 2, 2008 at 5:03 PM #147522
Anonymous
GuestSubmitted by Casca on February 2, 2008 – 5:12pm.
The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel.
You act like this only applies to men. Well, it works both ways, buddy. Regardless of gender, there will be individuals out there who are interested in you for what they can get out of it. I’m a woman, obviously, and I don’t want to end up with some leech who sucks the blood out of me either.
I know many men who pay alimony. I have yet to meet a woman who does.
Well, I know one. She’s a successful lawyer. Although her ex-husband also has a law degree, he’s a deadbeat parasite. He receives a monthly alimony check from her.
“Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
I can’t believe what I’m hearing. I guess “bitch” isn’t so nasty when talking about the women who raise children you men sired from your lustful loins.
-
February 2, 2008 at 5:03 PM #147532
Anonymous
GuestSubmitted by Casca on February 2, 2008 – 5:12pm.
The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel.
You act like this only applies to men. Well, it works both ways, buddy. Regardless of gender, there will be individuals out there who are interested in you for what they can get out of it. I’m a woman, obviously, and I don’t want to end up with some leech who sucks the blood out of me either.
I know many men who pay alimony. I have yet to meet a woman who does.
Well, I know one. She’s a successful lawyer. Although her ex-husband also has a law degree, he’s a deadbeat parasite. He receives a monthly alimony check from her.
“Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
I can’t believe what I’m hearing. I guess “bitch” isn’t so nasty when talking about the women who raise children you men sired from your lustful loins.
-
February 2, 2008 at 5:03 PM #147600
Anonymous
GuestSubmitted by Casca on February 2, 2008 – 5:12pm.
The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel.
You act like this only applies to men. Well, it works both ways, buddy. Regardless of gender, there will be individuals out there who are interested in you for what they can get out of it. I’m a woman, obviously, and I don’t want to end up with some leech who sucks the blood out of me either.
I know many men who pay alimony. I have yet to meet a woman who does.
Well, I know one. She’s a successful lawyer. Although her ex-husband also has a law degree, he’s a deadbeat parasite. He receives a monthly alimony check from her.
“Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
I can’t believe what I’m hearing. I guess “bitch” isn’t so nasty when talking about the women who raise children you men sired from your lustful loins.
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February 2, 2008 at 4:12 PM #147476
Casca
ParticipantWhy is it that women react so viciously when a man simply states the facts of life vis marriage in our culture? The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel. I know many men who pay alimony. I have yet to meet a woman who does.
They say you never really know a woman until you meet her in court. “Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
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February 2, 2008 at 4:12 PM #147501
Casca
ParticipantWhy is it that women react so viciously when a man simply states the facts of life vis marriage in our culture? The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel. I know many men who pay alimony. I have yet to meet a woman who does.
They say you never really know a woman until you meet her in court. “Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
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February 2, 2008 at 4:12 PM #147512
Casca
ParticipantWhy is it that women react so viciously when a man simply states the facts of life vis marriage in our culture? The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel. I know many men who pay alimony. I have yet to meet a woman who does.
They say you never really know a woman until you meet her in court. “Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
-
February 2, 2008 at 4:12 PM #147580
Casca
ParticipantWhy is it that women react so viciously when a man simply states the facts of life vis marriage in our culture? The truth is that when you slide that ring on her finger, you’ve just signed over a tremendous amount of decision making power over your future and your wealth, without benefit of legal counsel. I know many men who pay alimony. I have yet to meet a woman who does.
They say you never really know a woman until you meet her in court. “Asshole” is a mighty nasty word for a benefactor who sends you a check every month.
-
February 2, 2008 at 3:47 PM #147457
Anonymous
GuestI don’t get all this cynicism. Most people know marriage is a crap shoot in this day and age. Does that mean you guys should scare the OP away from the woman he chose? If he’s smart enough to make the income he’s making, he should be smart enough to choose his women wisely. Do you men need to hold his hand?
It’s not always the woman’s fault. I married an asshole. I suffered. It’s pretty obvious Casca has been taken to the cleaners, hence the bitterness.
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February 2, 2008 at 3:47 PM #147481
Anonymous
GuestI don’t get all this cynicism. Most people know marriage is a crap shoot in this day and age. Does that mean you guys should scare the OP away from the woman he chose? If he’s smart enough to make the income he’s making, he should be smart enough to choose his women wisely. Do you men need to hold his hand?
It’s not always the woman’s fault. I married an asshole. I suffered. It’s pretty obvious Casca has been taken to the cleaners, hence the bitterness.
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February 2, 2008 at 3:47 PM #147492
Anonymous
GuestI don’t get all this cynicism. Most people know marriage is a crap shoot in this day and age. Does that mean you guys should scare the OP away from the woman he chose? If he’s smart enough to make the income he’s making, he should be smart enough to choose his women wisely. Do you men need to hold his hand?
It’s not always the woman’s fault. I married an asshole. I suffered. It’s pretty obvious Casca has been taken to the cleaners, hence the bitterness.
-
February 2, 2008 at 3:47 PM #147560
Anonymous
GuestI don’t get all this cynicism. Most people know marriage is a crap shoot in this day and age. Does that mean you guys should scare the OP away from the woman he chose? If he’s smart enough to make the income he’s making, he should be smart enough to choose his women wisely. Do you men need to hold his hand?
It’s not always the woman’s fault. I married an asshole. I suffered. It’s pretty obvious Casca has been taken to the cleaners, hence the bitterness.
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February 2, 2008 at 3:30 PM #147452
Anonymous
Guest^^^Inaptly stated? You think?
Hi, Allan from Fallbrook.
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February 2, 2008 at 3:30 PM #147477
Anonymous
Guest^^^Inaptly stated? You think?
Hi, Allan from Fallbrook.
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February 2, 2008 at 3:30 PM #147487
Anonymous
Guest^^^Inaptly stated? You think?
Hi, Allan from Fallbrook.
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February 2, 2008 at 3:30 PM #147555
Anonymous
Guest^^^Inaptly stated? You think?
Hi, Allan from Fallbrook.
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-
February 2, 2008 at 6:31 AM #147208
Allan from Fallbrook
Participant4826: You hit the nail on the head. Back in my corporate days, I worked for a very large insurance broker. It was a production-driven culture, with the big producers the stars of the show. I was a CFO at the time, and even I knew where the line was when it came to pushing these guys.
The middle managers may have had the title, but no real power came with it. We had several downsizings following a merger, and the middle managers were the first to go. The sales force/producers were the first protected, and for good reason: They were the real reason behind the acquisition in the first place.
I don’t think what Casca/PD wrote is filth, by the way. Might be inaptly stated, but it certainly bears consideration, especially at your earning level, age and point in career. Given the statistics on marriage and divorce, you need to make provisions here as well.
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February 2, 2008 at 6:31 AM #147231
Allan from Fallbrook
Participant4826: You hit the nail on the head. Back in my corporate days, I worked for a very large insurance broker. It was a production-driven culture, with the big producers the stars of the show. I was a CFO at the time, and even I knew where the line was when it came to pushing these guys.
The middle managers may have had the title, but no real power came with it. We had several downsizings following a merger, and the middle managers were the first to go. The sales force/producers were the first protected, and for good reason: They were the real reason behind the acquisition in the first place.
I don’t think what Casca/PD wrote is filth, by the way. Might be inaptly stated, but it certainly bears consideration, especially at your earning level, age and point in career. Given the statistics on marriage and divorce, you need to make provisions here as well.
-
February 2, 2008 at 6:31 AM #147241
Allan from Fallbrook
Participant4826: You hit the nail on the head. Back in my corporate days, I worked for a very large insurance broker. It was a production-driven culture, with the big producers the stars of the show. I was a CFO at the time, and even I knew where the line was when it came to pushing these guys.
The middle managers may have had the title, but no real power came with it. We had several downsizings following a merger, and the middle managers were the first to go. The sales force/producers were the first protected, and for good reason: They were the real reason behind the acquisition in the first place.
I don’t think what Casca/PD wrote is filth, by the way. Might be inaptly stated, but it certainly bears consideration, especially at your earning level, age and point in career. Given the statistics on marriage and divorce, you need to make provisions here as well.
-
February 2, 2008 at 6:31 AM #147307
Allan from Fallbrook
Participant4826: You hit the nail on the head. Back in my corporate days, I worked for a very large insurance broker. It was a production-driven culture, with the big producers the stars of the show. I was a CFO at the time, and even I knew where the line was when it came to pushing these guys.
The middle managers may have had the title, but no real power came with it. We had several downsizings following a merger, and the middle managers were the first to go. The sales force/producers were the first protected, and for good reason: They were the real reason behind the acquisition in the first place.
I don’t think what Casca/PD wrote is filth, by the way. Might be inaptly stated, but it certainly bears consideration, especially at your earning level, age and point in career. Given the statistics on marriage and divorce, you need to make provisions here as well.
-
-
February 1, 2008 at 8:32 PM #147106
4826monongahela
ParticipantStay where you are, don’t take the promotion. Sounds like you’re kicking ass, now. Levereage exactly what your currently doing successfully (it sounds like your doing it successfully, anyway) to make more $.
sales is the engine that powers the company. A very good rep is gold to the company. Your earning potential will always be greater as a star sales rep than a mgr and your job very secure (as long as you deliver sales.) You can be the biggest ahole around, but if you’re reliably overachieving on your number, then you walk on water, as far as sr mgmt is concerned.
Middle managers are a dime-a-dozen. Position is *very* vulnerable and it can be frustrating – you are accountable for a sales number, but you don’t have direct, unfettered control over achieving it (your reps underneath you do.) Often the best sales reps are poor sales managers – requires different skillset.
On the otherhand, consider the position if you are a crappy to mediocre rep. If this is the case, then you’re current position isn’t safe and you probably should get out of a direct sales position.
You should have a base salary + commission, with the latter component being significant and not capped – with real earning potential for the star performers. If not, I agree with previous post, you’re not in a real sales position.
“Options” in your instance sounds like a manner of seducing you into the lower OTE. You won’t be given squat for options. You’ll get a token amount that sounds great, but read the option grant smallprint, do the math & you’ll see they’ll amount to little, even in the best of scenarios as they slowly vest over many yrs. Also, they’ll be valued at current estimate of company worth, not when company started. Just as it should be, the original founders & any subsequent investors will stand to make real money on any stock (options) not middle managers, yrs after company was founded. (Unless your company is the one-in-a-million w/ some new earthshattering platform, which is highly unlikely, despite what sr mgmt is undoubtably saying.) You have a better chance of getting meaningful options as a star sales rep, than as a middle mgr – go in to sr mgmt & win them, same way you win a new customer and bring in new business as a sales rep.
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February 1, 2008 at 8:32 PM #147133
4826monongahela
ParticipantStay where you are, don’t take the promotion. Sounds like you’re kicking ass, now. Levereage exactly what your currently doing successfully (it sounds like your doing it successfully, anyway) to make more $.
sales is the engine that powers the company. A very good rep is gold to the company. Your earning potential will always be greater as a star sales rep than a mgr and your job very secure (as long as you deliver sales.) You can be the biggest ahole around, but if you’re reliably overachieving on your number, then you walk on water, as far as sr mgmt is concerned.
Middle managers are a dime-a-dozen. Position is *very* vulnerable and it can be frustrating – you are accountable for a sales number, but you don’t have direct, unfettered control over achieving it (your reps underneath you do.) Often the best sales reps are poor sales managers – requires different skillset.
On the otherhand, consider the position if you are a crappy to mediocre rep. If this is the case, then you’re current position isn’t safe and you probably should get out of a direct sales position.
You should have a base salary + commission, with the latter component being significant and not capped – with real earning potential for the star performers. If not, I agree with previous post, you’re not in a real sales position.
“Options” in your instance sounds like a manner of seducing you into the lower OTE. You won’t be given squat for options. You’ll get a token amount that sounds great, but read the option grant smallprint, do the math & you’ll see they’ll amount to little, even in the best of scenarios as they slowly vest over many yrs. Also, they’ll be valued at current estimate of company worth, not when company started. Just as it should be, the original founders & any subsequent investors will stand to make real money on any stock (options) not middle managers, yrs after company was founded. (Unless your company is the one-in-a-million w/ some new earthshattering platform, which is highly unlikely, despite what sr mgmt is undoubtably saying.) You have a better chance of getting meaningful options as a star sales rep, than as a middle mgr – go in to sr mgmt & win them, same way you win a new customer and bring in new business as a sales rep.
-
February 1, 2008 at 8:32 PM #147144
4826monongahela
ParticipantStay where you are, don’t take the promotion. Sounds like you’re kicking ass, now. Levereage exactly what your currently doing successfully (it sounds like your doing it successfully, anyway) to make more $.
sales is the engine that powers the company. A very good rep is gold to the company. Your earning potential will always be greater as a star sales rep than a mgr and your job very secure (as long as you deliver sales.) You can be the biggest ahole around, but if you’re reliably overachieving on your number, then you walk on water, as far as sr mgmt is concerned.
Middle managers are a dime-a-dozen. Position is *very* vulnerable and it can be frustrating – you are accountable for a sales number, but you don’t have direct, unfettered control over achieving it (your reps underneath you do.) Often the best sales reps are poor sales managers – requires different skillset.
On the otherhand, consider the position if you are a crappy to mediocre rep. If this is the case, then you’re current position isn’t safe and you probably should get out of a direct sales position.
You should have a base salary + commission, with the latter component being significant and not capped – with real earning potential for the star performers. If not, I agree with previous post, you’re not in a real sales position.
“Options” in your instance sounds like a manner of seducing you into the lower OTE. You won’t be given squat for options. You’ll get a token amount that sounds great, but read the option grant smallprint, do the math & you’ll see they’ll amount to little, even in the best of scenarios as they slowly vest over many yrs. Also, they’ll be valued at current estimate of company worth, not when company started. Just as it should be, the original founders & any subsequent investors will stand to make real money on any stock (options) not middle managers, yrs after company was founded. (Unless your company is the one-in-a-million w/ some new earthshattering platform, which is highly unlikely, despite what sr mgmt is undoubtably saying.) You have a better chance of getting meaningful options as a star sales rep, than as a middle mgr – go in to sr mgmt & win them, same way you win a new customer and bring in new business as a sales rep.
-
February 1, 2008 at 8:32 PM #147205
4826monongahela
ParticipantStay where you are, don’t take the promotion. Sounds like you’re kicking ass, now. Levereage exactly what your currently doing successfully (it sounds like your doing it successfully, anyway) to make more $.
sales is the engine that powers the company. A very good rep is gold to the company. Your earning potential will always be greater as a star sales rep than a mgr and your job very secure (as long as you deliver sales.) You can be the biggest ahole around, but if you’re reliably overachieving on your number, then you walk on water, as far as sr mgmt is concerned.
Middle managers are a dime-a-dozen. Position is *very* vulnerable and it can be frustrating – you are accountable for a sales number, but you don’t have direct, unfettered control over achieving it (your reps underneath you do.) Often the best sales reps are poor sales managers – requires different skillset.
On the otherhand, consider the position if you are a crappy to mediocre rep. If this is the case, then you’re current position isn’t safe and you probably should get out of a direct sales position.
You should have a base salary + commission, with the latter component being significant and not capped – with real earning potential for the star performers. If not, I agree with previous post, you’re not in a real sales position.
“Options” in your instance sounds like a manner of seducing you into the lower OTE. You won’t be given squat for options. You’ll get a token amount that sounds great, but read the option grant smallprint, do the math & you’ll see they’ll amount to little, even in the best of scenarios as they slowly vest over many yrs. Also, they’ll be valued at current estimate of company worth, not when company started. Just as it should be, the original founders & any subsequent investors will stand to make real money on any stock (options) not middle managers, yrs after company was founded. (Unless your company is the one-in-a-million w/ some new earthshattering platform, which is highly unlikely, despite what sr mgmt is undoubtably saying.) You have a better chance of getting meaningful options as a star sales rep, than as a middle mgr – go in to sr mgmt & win them, same way you win a new customer and bring in new business as a sales rep.
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