I have an opportunity to leave my current company at the end of the year and go work for a smaller company but it’s more tight knit family laid back atmosphere and I would make more salary for now. The caveat is where I work now is a large company and they give very generous bonuses but you get lower salary. So overall comp at my current company will probably be more if I could bonuses than my new salary. Another thing is the new company has no 401k or insurance they do give $400/mth stip. 4 ins

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What is more important to you? Being an entrepreneur or having a stable job. Also, what makes you think that the new company will let you combine your personal contracting business with theirs? What are the targets you need to achieve to make it to partner? Are those promises all in a writing? To me it sounds a lot like empty promises because the firm knows they cannot match your current comp. I personally would never take a pay cut that big. Most insurances are $800/month, so that is almost $5k/year pay cut just on insurance only. And what about other perks/benefits? Most companies offer at least 2% match on 401k, so that is another few grands you will be loosing out on. Then how big are your annual bonuses? I would first figure what total comps+benefit on both places, then see if the pay cut/gain is worth all the risks/benefits!

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Good perspective

Another thing I would have at the new company is opportunities to combine a family owned mech contractor company that I will own one day with this new firm and build a design firm and I would become a partner

Thanks for sharing

Does sounds like a lot of variables in terms of future opportunities, a lot of things can happen between then and now. If you can swing the overall lower comp and like the direction, I can see how it makes sense. I’d just be mindful of considering the concrete comparisons with the ‘maybe’ things.

Agree

Comes down to a personal choice on what you value.

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