- This topic has 235 replies, 23 voices, and was last updated 16 years, 3 months ago by
Allan from Fallbrook.
-
AuthorPosts
-
January 31, 2008 at 4:39 PM #146570January 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.
January 31, 2008 at 4:43 PM #146476ParticipantNo, 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.
January 31, 2008 at 4:43 PM #146503ParticipantNo, 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.
January 31, 2008 at 4:43 PM #146515ParticipantNo, 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.
January 31, 2008 at 4:43 PM #146574ParticipantNo, 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.
January 31, 2008 at 4:48 PM #146237nostradamus
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.
January 31, 2008 at 4:48 PM #146481ParticipantIMO 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.
January 31, 2008 at 4:48 PM #146509ParticipantIMO 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.
January 31, 2008 at 4:48 PM #146518ParticipantIMO 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.
January 31, 2008 at 4:48 PM #146580ParticipantIMO 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.
January 31, 2008 at 4:49 PM #146242stansd
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
January 31, 2008 at 4:49 PM #146486ParticipantNegotiate, 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
January 31, 2008 at 4:49 PM #146513ParticipantNegotiate, 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
January 31, 2008 at 4:49 PM #146525ParticipantNegotiate, 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
-
AuthorPosts
- You must be logged in to reply to this topic.