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Barclays has more potential in terms of future growth for me, and I think will look great and open more doors for me. As for the reinsurance company, they are one of the tops as well in their industry, but they recently encountered some losses in their first quarter; that makes me afraid of potential lay-offs, but the staff there is really great, Nice office. Both companies have similar benefits
As a new graduate with ZERO background in Business, I was just looking for a job within a good and well structured company. Both are, and their offers are kinda similar to me, which makes it hard for me to decide
It's also 10%
I did meet one "mentor" from Barclays and he was very good. The team at the reinsurance company was very friendly. So, it's like even there.
Sadly, I haven't yet. Everything was virtual.
Thank you. I'll do that. I appreciate it!
Barclays
Title: Operations Analyst (a program sets to last 2 years and possible future employement with the company based on performance),
Salary: 60K base + 5K sign on bonus(after 60 days) + 5k relocation (don't plan to use as I can commute) + annual bonus,
5 days in person office,
Commute: 40-50 mns (No tolls).
I would greatly appreciate your inputs on this. Thank You!
They are all similar in terms of comp and what you’ve written. The question here is what is important to you? Location, project, or people? Then also consider where you want to be in the future and how this job will help you get there. Finally, I’d join the company where there is most potential for growth and upward movement. Can you help answer any of these questions and maybe we can figure this out for you!
Given similar comp, I would probably go for the brand name company - Barclays here
I’d agree with McK here. If they are hiring you, layoffs shouldn’t impact your decision. They’d rescind the offer if they didn’t need you, and it’s a great resume builder and likely will open up more doors for the future.
What’s Barclay EOY bonus? Also 10%? You had only stated relocation and sign on, which is typically one time.
Also, after the two year rotation program, you won’t get fired. In fact, you should get a pick of several divisions or teams to join
Many well know companies have these leadership development rotational programs and they’re great even if you don’t end up working there full time after. The program is designed to find you a place in the company so likely there will be a lot of “selling the company” to you even during the program.
Look to the people to decide. If the brand name isn’t enough to sway you, where do you feel the managers are more supportive of learning and give you more attention? Have you met with your would-be team in more detail to get their perspectives on their company?
No no, not just meet. Have an hour or two long 1:1 conversation with the managers and people on your team. Really get to know them, ask to tour the office and chat with people there, etc.
Make it a point to meet people in person if possible or at least have longer virtual conversations. See who is more open to make time for you.
I’d take the first offer.
Subject Expert
Tolls for option #1 will end up running you about $2200 per year. That’s 3.6% of your salary — not great. I would take offer #2, plus the prestige of Barclays could really take you places and as someone else said, it would very likely lead to a long term role at the company.