Pay at work - new job?

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Hi All

I've been in my current job for just over a year, I started at my company as a Trainee Technical Consultant in a graduate role.

I started in August - I was meant to shadow the techncal consultants for a year before ditching the trainee part from my job title. I got rid of it after 3 months and have been working as a fully fledged member of the team ever since - I even have 2 people working for me - I also gross the 2nd highest amount of chargable work in the team (Our senior guy has a higher day rate - which I why I can't beat hime evern with 100% utilazation)

I'm paid 30K less per year than the other team members (excluding the pair who work for me) - I don't think this is fair.

I presented the above facts to my boss as I've been offered another job on 11K more than I earn now (but no company car). He said that he'd give me a 5K rise in April and the same again in September (I asked for this on paper and he said he couldn't do that) and I can no longer easily reach him (1 week ago last spoke).

Now I have to get back to the other company about the other job by tommorow (same role - no staff - no car - 11K more).

Do I stay at my current job and hope for 10K's worth of rises (not certain) or do I take the other job for 11K more, I think I might find this dissapearing on a new car though - as I'll have to replace my company car!

I have about 18 hours - help!
 
based on money alone I would stay in the current job, a company car is worth more than just money being that it will get repaired etc for free, plus if he 'promised' you the rises then you can hassle him when april comes for the promised rise in pay.
 
Any idea what the promotion/pay rise prospects are like in the new place? even though you've said the first 11k more will probably go on a new car, thats not gonna happen every year, and there is always the chance you will go up even more, whereas at your current job you pretty much know that the max you are gonna go up within at least a year is 10k
 
Sometimes its better to stick to your current job if you like it ,you may hate your new boss etc.
Although 11 k is one hell of a rise may be worth the risk ,don't see why your boss can't put it in writing ask why not !
I was promised a rise in similar situation then my boss got sacked ,so I lost out big time !
 
Any idea what the promotion/pay rise prospects are like in the new place? even though you've said the first 11k more will probably go on a new car, thats not gonna happen every year, and there is always the chance you will go up even more, whereas at your current job you pretty much know that the max you are gonna go up within at least a year is 10k

The new place is 7% a year at the managers discretion.

I don't know any consultant in the current place on more than 60K, to get to 60K at the current place will take me 3 years @ 10K a year (all relise on the words of my boss though), after that I will have to move from a technical to a commercial role to see any thing other than an inflation matching rise per year in my current company.
 
11k is too much to ignore. Hand in your notice and that will soon grab manager's attention if he's intent on keeping you.

i am guessing that the 11k might put him into the 40% bracket, if so, 11k doesnt work out to be that much of a payrise when you also factor in paying for a car yourself.

AthlonTom, the company you are with has moved you up already within the 1 year that they said they would. be happy and continue to progress all you can at the moment where you are.
 
I would say that you should consider the growth potential of each opportunity. You mentioned in your post that you wouldn't have people working for you in the new job. That in itself has a lot of value as you won't have the opportunity to hone your management skills in the new job. 11k isn't really all that much money, and unless you feel that the growth potential is that much more than your current situation, it seems like an unnecessary risk to move jobs.

I think that the best advice I have ever received about working is to never work for the money, work to learn... the money will take care of itself!
 
If he said that then he should honor it. How much do you trust him?

This is the thing - I'd know he'd do it if he could - but were going through a lot of changes and the budget is beyond his control - he couldn't garentee it even If he put it writing - its totally beyond his control (New U.S. owership)
 
I would stick it out and hassle him if the pay rises do not appear. Explain that he has promised such a thing and thus must honour it or lose the respect of his workers.
 
Company car is nothing special is it? Just a 118d?

Take the new job and buy something good with the change. You'll get a new job, more money and a nice car.
 
Given the 11k increase, and the tax you pay on your company car, it probably works out economically slightly better for you to take the pay increase and purchase your own vehicle. All depends on the list price of your company car, it's CO2 tax emission and your current gross yearly wage, mind you. (Trainee accountant speaking).
 
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