Need your opinion
I got an offer for a director level position which is 2-3 levels above my current position. I need your opinions on whether I should take the position or not. The following are some details:
- The company is in another state, 450 miles from where I live now. My hu*****and can not move with me because he has a very high level position and is doing very well with his current company. Plus the new city is not a very good place to live, with limited job opportunities, therefore, I might not want to stay there long term either.
- If I take the offer, I need to rent an apartment there and come back home on the weekends. The cost of rental and travel will be about $27000 a year. Plus the new state has income tax (about 5%) which we don’t have in the state where I live in now.
- There’s also a safety concern because of living in another city alone and frequent flying.
- The company offered me a big sign on bonus, but I have to repay it back in full if I leave the company within two years.
- The company has 401K match and good retirement plan contributions, but the vesting period is 3 years and no partial vesting before that.
- The offer package is very good if I can relocate to the new place. The salary is 31% more than I’m making now, the sign on bonus is 30K, plus the relocation costs. But because of the rental, travel, state income tax, and other costs, I will suffer a big setback financially if I take the offer, but not staying for two years. I can only break even if I stay for at least three years.
- This position is a big career advance for me and I probably will not be able to move up to this level in more than 5 years in normal job changes. It is highly possible that I might never move to that level if I pass up this opportunity. This experience will be very good for my next job. But it may also make it harder to find the next job because the opportunities at this level in this job category are limited.
- Financially, I don’t really have to work at all, but I’m too young to retire. I have a couple of master degrees and a few good professional certificates. If I don’t work, all these will be wasted. Plus I would like to stay social with other people.
- I don’t have kid and we are not planning to have kid. But I will still sacrifices a lot on family life if I move to another city myself because my hu*****and and I are very attached to each other.
What do you think? Take it or not? I appreciate your inputs. Thanks.
