Pay at work - new job?

[AthlonTom]

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!

 

[AthlonTom]

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.

 

[AthlonTom]

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)

 

[AthlonTom]

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.

Its alright - I quite like it, 50 MPG no problems.

What I'm actually concerned about with the lack of car is that after I've bought a car, insured the car, and paid maintenance/tax/MOT for the year - what will be left of my 11K (not forgetting income tax) - probably not v much by the sounds of it. So I won't really have a nice car at all and I'm not going to have much money left over.

Heavily leaning toward staying at the current place now.

 

[AthlonTom]

most contractors earn more than permies, thats the way of the market. you know why people pay so much for contractors though...

Im not really ready to go contracting yet - I need financial stability, contracting in my field is pretty niche any way.

Finding new contracts, being self employed, no private health/dentist/pension/life insurance/car/phone/laptop etc are hassels I'm going to avoid until I go back to university (then I'll need to contract over summer to get through uni again in a few years)