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Would you change jobs for more money?

kevc1985
Posts: 76 Forumite

I'm in a position where I was demoted from my secondment early due to a new boss taking over (nothing I done wrong, others were given the same fate), many, many, many people have left the business since the new boss took over (not all were voluntary). My department has been living under threat of a re-structure for almost a year now and we are expected to hear what will happen in the new year.
I used to love my job, now I have days where I enjoy it but most of the time I feel undermined and under valued. I tried speaking with my boss about certainty over positions as I am looking to reserve a new build and no certainty was given. My colleagues feel the same.
I have been fortunate to be offered a job outside my current organisation (where I have been for 15 years) paying £7,000 more a year, it's mainly doing the same work however it's office based and not a work from home position - I have worked from home for 13 years so a bit nervous about that change. We feel the company may use fire and re-hire to reduce some benefits and to avoid paying redundancies which makes the salary different possibly £9,000 a year more.
While I feel the way I do about my job just now I feel reluctant to leave but I have to make a decision. I have no debts, my wife is in a good paying job and we have no kids - just need to find a house we like.
I'm looking to hear what you would do in this situation?
I used to love my job, now I have days where I enjoy it but most of the time I feel undermined and under valued. I tried speaking with my boss about certainty over positions as I am looking to reserve a new build and no certainty was given. My colleagues feel the same.
I have been fortunate to be offered a job outside my current organisation (where I have been for 15 years) paying £7,000 more a year, it's mainly doing the same work however it's office based and not a work from home position - I have worked from home for 13 years so a bit nervous about that change. We feel the company may use fire and re-hire to reduce some benefits and to avoid paying redundancies which makes the salary different possibly £9,000 a year more.
While I feel the way I do about my job just now I feel reluctant to leave but I have to make a decision. I have no debts, my wife is in a good paying job and we have no kids - just need to find a house we like.
I'm looking to hear what you would do in this situation?
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Comments
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if you are unhappy with your current position and you have an opportunity to get a better paid job, then I would go for it.
do you have to move as you mentioned you need to find a new house?1 -
Sounds like a no-brainer if you are already feeling undermined and undervalued in your current job. Some people feel like that but feel stuck where they are, and think they won't ever get a new job like you have already been offered - congrats! Honestly I would bite the hand off the new job, if it is one you feel you can do and are reasonably certain (as much as you ever can be) that it will be better (in whatever way you personally calculate "better" to mean - more pay, nicer atmoshere etc). I changed jobs (still in the same large org but a completely separate role and dept) after more than 10 years in the same team and it felt really strange. "Better the devil you know" had kept me there (unhappily for the later couple of years) but it got to a point where I knew I was ready to go, and, corny as it might sound, when my new job came up I saw it as a sign. I understand the uncertaintly of switching from work from home to the office but if you really don't like that maybe you could ask if there is a possibility of doing a bit of both. This is a much more reasonable ask after you-know-what that it might have been in previous times, and depending on the role/company you might even find some people are doing that anyway. On paper my job is still located in the office but I've been in about 5 times this year!
Good luck with whatever you decide!1 -
Thank you for your advice.
We are currently renting and want to buy somewhere early in the new year, I'm not sure how the change of job will look to a mortgage provider.
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Would you change jobs for more money?
I thought that is why most people changed jobs. In any case as others have said take the new job
If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales3 -
kevc1985 said:Thank you for your advice.
We are currently renting and want to buy somewhere early in the new year, I'm not sure how the change of job will look to a mortgage provider.
My niece has just relocated and changed jobs. Mortgage providers won't consider her until she can provide 3 months of payslips from the new employer.
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I really would take a different job. Life is too short. Would your wife prefer to you have a full breakdown on SSP or something?1
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Ok so I have printed off all the paperwork (there was lots of it) and agreed to hand it in tomorrow to their office, I'll ask about opportunities to work from home.
When I read back what I wrote it made me realise that leaving (although its very daunting as I have been there so long) is the best decision as I cannot see my progress or enjoy the role in the short to medium term - as long as that boss is still there.
I told a trusted colleague today who said I should bite their hand off - just the other day he said he is willing to take a pay cut to leave1 -
I know you've made your decision but in those circumstances I would leave for a better paid role.
I recently started a role, paying less than my previous one, but with a better work environment, support and training. I've no regrets and have settled in already.Mortgage started 2020, aiming to clear 31/12/2029.0 -
Given you will be going from WFH to commuting I assume you have done the maths to check what the extra £7,000 will be after deductions and considered that against your cost of commuting?
People can be disappointed when signing up to a higher payroll with a longer commute that the net take home pay after the commuting costs are deducted is not as much as they thought and may not make up for the effectively longer working hours factoring in the commute/ general work/life balance0
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