Post # 1
So I currently have two employment options available to me and I feel pretty stuck on what to do.
Option 1 – My current job – I work full-time Monday-Friday 8:30-4:30, weekends and evenings are off unless there is an event. I have full benefits, a pension plan and work for my local school board, my commute to work is less than 10 minutes each way. The pay is alright but really not that great, it’s enough to cover the bills for sure but not a huge amount of savings afterwards.
Option 2 – New job with former employer – My old employer in the health care field has an opening in HR that I would really love. Unlike my current job which is permanent this would be a 2 year contract. I would have to negotiate benefits with them and there is no pension plan. I would work Monday to Friday usually 8:30 to 4:30 but will have to take a lot of work home with me as well. When I worked there previously I would often work till 11pm or later. I do get to work from home 2-3 days a week. The commute to the office is about 30 minutes each way. With this job my pay would almost double which means we can definitely afford to pay down some debt, build some savings and have a wedding.
I just feel really stuck, I really like the salary and ability to work from home that the second option has but I worry about going back on contract since I spent 4 years doing contract work in different government organizations. My SO tells me to do whatever will make me happy but I honestly don’t know what that is so I need some opinions please!
Post # 3
Which company has the better boss/co-workers?
Over the years, I have found that even if the work isn’t awesome, who would I rather spend 40 hours + a week with?
Post # 4
@cooperlove: Honestly probably my previous employer (the contract position) I made quite a few friends at my previous job that I’m still good friends with. We used to go out for lunch, drinks etc. and kept in contact even after I left over a year ago. At my current job there really isn’t anything like that, we all have our own offices and other than hello and how are you, there is very little interaction.
Post # 5
@GonnaBeAFind: that’s hard!
I would say the 2nd job but you also mentioned that you worked until 11pm before…but you can work from home some days…but you don’t get full benefits and it’s only a 2 year contract (which doesn’t mean that it won’t get extended) but you’ll have some heads up if you need to look for another job before time runs out.
Any other info or feelings that would sway your decision?
Which is more important to you:
better salary allowing for savings and wedding, more enjoyable co-workers, work from home
full benefits, pension, no overtime required
Post # 6
It just really depends where you are in life. I would definitely take the higher-paying job but I’m 22, minimal college debt, a tiny car loan, no dependents, no preexisting conditions for healthcare. I wouldn’t worry about the pension problem because I’d just plan on saving a huge chunk of my increase in wages. I would use it as an opportunity to get way ahead on savings and plan on starting to look for a job when there were 6 months left unless there was a chance of being kept permanently. And since I have relatively few personal posessions and little attachment to my current city, I’d take the opportunity to move to a more favorable area if SO could still commute to work.
It sounds like you’re not married but that doesn’t mean you’re not established (mortgage? big car payments? dependents? credit card debt?) and if you’re a lot older than me keeping your pension might be more important.
Post # 7
Oh man, that’s a tough one!
I personally took a one year contract with amazing pay and no benefits (and obviously an end date) because it was too good of an opportunity to pass up. It ended up paving the way for more opportunities that my previous job (steady, full time permanent with benefits) would not have presented to me.
When I took the contract I was mid 20’s, no kids, and I wasn’t too concerned about the benefits and long term incentives. It really depends on where you are in life, sorry I couldn’t be of more help. Good luck with whatever you decide!
Post # 8
I would probably go with the second option. Even if you paid for your own benefits it seems like you’d still be making a lot more money. Personally, paying off my debt ASAP is very important to me, so I would jump at the chance to get it done quicker.
Is there any chance this could turn into a long term position? Even if not, you’ve got plenty of notice to start looking for something else.
FWIW, I’m 23 and don’t plan on buying a house or having kids for at least 2+ years, that may factor into my opinion.
Post # 9
Thanks everyone for all your opinions and advice I really appreciate it. To provide a little bit of background, I’m 30, no dependents but want kids in the next couple years. SO and I bought a house 2 years ago so we have a fairly large mortgage and a large car payment that will be done in a year. He’s got a really good paying job but is looking to start his own company and if I took option 2 we could afford for him to become self-employed really focus on growing his company and my salary would more than cover our bills. To give you an idea of salary range I currently make $45,000 and option 2 would push my salary up to $85,000 which is why it’s so tempting. There is potential for the opporunity to go from contract to permanent but it depends on funding since I would be going to work for a fully government funding organization. I live in Ontario so we have healthcare coverage for hospital stays, doctor visits etc through the government. My private coverage is for prescriptions, glasses, dental work etc. so we don’t have to worry about huge medical expenses by any means and there is a chance that I would get that coverage with option 2 it might just take quite a bit of negotiating with them. They have told me that for the right person they’d be willing to negotiate and throw in other perks like tuition reimbursement if I want to go to school part-time. My current employer only allows $200 a year for professional development which can go towards school costs or course fees.
Post # 10
@GonnaBeAFind: Holy crap, that’s a huge salary jump! Since you’re young and healthy (ie: not in dire need of health insurance), I think all signs point to the contract position. You will be able to fill up your savings (especially for baby), work from home a few days a week, and work for someone you like. Driving 30 minutes to work is not bad at all, either. This seems like a fantastic opportunity.
Post # 11
It is a very, very bad time to be a government contractor in the US. A two-year contract is no guarantee that you will actually have a job for 2 years as agencies cut every thing under the sun due to this sequester nonsense. If the second job is in the government sector or with a company that has any government contracts, I’d stay away.