Internal job transfer problem

frak

Hi,
I guess this isnt really a debt free wannabe problem, but i didnt know where else to put this. It is kind of a debt free wannabe as i applied for a new job that i thought would be more money. As things have turned out i would acutally be worse off each month but that is only part of the problem.
About 7 weeks ago i applied for a new job within the company, i had a gruelling interview which i worked very hard for. At the end of the interview they made me an informal verbal offer. To match my current salary, a company car allowance and a bonus related to performance. After that i heard nothing for weeks, no formal offer in the post or by email. 10 days ago i went on holiday and this happened to coincide with a formal offer being made by email. I didnt pick this up until yesterday morning as i was still away. Also they advertised my current position the day after they sent the formal offer. Now as far as i am concernced i dont belive they can do this without me first accepting the new position and i know people have applied for it. This leaves me in a tricky situation, as i have had a re-think about the position and have decided against it. Also, in conjunction with this the car allowance has so many restrictions and clauses on it that i would be worse off by about £100 a month after i have got a new car insurance etc. The offer by email also failed to incudle the bonuses. So can someone help and tell me where i stand. I know i have to tell to my current boss and the guy who would have been my new boss but what happens in regard to the them advertising my current position ? I dont want to take a job i dont want and end up getting a new car on lease or finance and being worse of each month. I own my current car outright its nothing special but who cares it works. I earn a decent enough wage anyway and over the last 6 months have put a lot of effort into resolving my debts and i dont want to get into that trap again

frak

going2die_rich

Since you only really took the offer informally you don't have to take it. If it was me I'd see your manager in your current department and being blunt and say that you've been offered the job formally but you believe it's not on the same incentives that you thought you were getting. Tell him you are going to chase it up but if it doesn't have any additional benefits you'd like to stay. Chances are your manager doesn't want to have to replace you anyway so will be happy to give you that time. If the jobs advertised don't worry they can withdraw it as the vacancy would no longer be available. It would only be a problem if they tried to fill it with someone other than you.

Next ring the person you had the interview with or go and see them. Be brave and just be blunt about the financial incentives. Everyone knows that most of the world works to earn money so that they can have the things that they want. Nothing wrong with enjoying work and being paid the best price for it after all. But ensure you know what the long term career path options are for both. You might be worse off in the short term somewhere but if you know more chances of promotion or bonuses exist it may be worth the short term loss.

Hope this helps

Optimist

Well if you havent accepted the new job just respond to the formal offer saying you have decided against taking it. You never know they might improve the terms. They probably jumped the gun a little in advertising your job assuming you would take the job. If you need further advice or they get shirty I suggest giving ACAS a ring http://www.acas.org.uk/