Maybe a noob Q - When does it make sense to take a pay cut when changing companies? I'm a Producer/PM trying to decide if I should jump to a smaller, lesser-known company (COLOR) for more money but fewer benefits than my current job, or with TeamOne for a slight pay cut but more benefits than my current job or COLOR. In reading through forums, the pattern seems to be getting pay raises in jumping between companies >.< What do you consider?

Any insight or advice is beyond appreciated!!

like
Posting as :
works at
You are currently posting as works at

Only take a pay cut it it could mean faster career advancement in the future. Like a boomerang.
I always take the straight pay over extra benefits. I’m currently at my first small company with better pay, less benefit, but great people and work life balance. I love it and feel respected more than any big agency I’ve ever been at.

like

This is so helpful and reassuring to hear! Thank you!

Compare the total comps for both and see how much is really being cut. Id personally take a lower salary but higher 401k match. I would also factor in company culture/interview chemistry into your decision bc a small increase won’t matter if the company culture sucks.

like

This is great advice, thank you for sharing!

Benefits have $$ assigned to them. What benefits are we talking? 401k matching, that’s east to calculate (note that it’s a 4 year vesting schedule). Health insurance premiums, how much more/less than the other co? They have a barista to save you $5/day on lattes?

Or are we talking non monetary? Work life balance? Creative fulfillment?

like

Are there a lot of caveats? Getting paid well and wanting a good work environment doesn't feel like too many, but does seem to be a hard combo to find lol

I get the sense there would be an obvious choice here for someone who's more seasoned than I am. I'm not so accurate in my predictions on how some benefits or decisions will impact me down the road, which is why I'm asking :) I'm sure others have been here before; I'm hoping they'll share some of their lessons with me.

My real issue is that I don't know what it's like at either and I'm currently in a position where I was COMPLETELY misled on the job and the company culture and I'm afraid of it happening again :|

Also note you’re not going to get decent raises at TeamOne for a few years…

like

I'm glad you flagged this. I've also heard this... And they seem to start you out lower than other companies, which isn't my favorite 😕

Related Posts

First time posting here! I have been tasked with creating a military leave differential pay policy and was curious if anyone would be willing to provide any resources. Thanks!

like

What are TL benefits in LM?

My new agency’s healthcare plan only has ONE physician in NYC listed as in-network... is a plan this limited the norm?!

likeuplifting

What CTC I can expect for Senior Test Engineer ( Automation ) role in BNP Paribas CIB
CCTC - 8
Experience - 5+ Years
Any suggestions would be helpful, also help with WLB , company policies and yearly hikes

like

How much does a Manager makes in the Janitorial Service field

Quick question

expected CTS for 3.6 YOE as front end (react) developer?

like

Has anyone actually received their reimbursement for filing taxes in multiple states? I got told that it would process with payroll last Friday but I don’t see it in my bank.

like

Can anyone let me know if mental health teletherapy companies pay out a Christmas bonus for their providers?? I am truly curious although I suspect they don’t.

like

I have an offer from ICICI Bank for Treasury Sales Manager in Mumbai. I have done my MBA in finance from IMI, Delhi and cleared CFA Level 2. What should be the expected CTC given that my current work ex is 1.3 years and my current ctc is 16 LPA? How much hike can I expect?

like

I have offers from different organization, Could you please help me to decide which one would be great choice.
All are for Bigdata profile with almost same package.

Yoe- 9, Big data Exp-3
Iris
Saama technology Pune
Epam Systems - Shell Market project
HCL - Deutsch Bank project
Impetus

Deciding factor- Job security, WLB, yearly hike and scope of learning.

like

Where do you go to keep up to date on new Healthcare benefit products, regulations, etc? Is there an industry/regulatory resource?

like

Question for my 401k focused advisors out there--what programs are you using that is instrumental to your 401k practice that you simply can't do without? I'm being pitched on Envestnet & im not sold.

like

Can anyone tell me about the benefits that freshworks provide, generally how much hike do employees get and how is the culture there?

like

I’m at a Fortune 500 company with an employee stock purchase plan but I’m unhappy with my salary and job title. I was offered an opportunity to make 30k more with the title I want with a smaller company doing the same role. I’m wondering if it’s the right career move to just jump ship…Any guidance is much appreciated.

like

Hello Amazonian,

Did anyone got to know their revised compensation ? And any idea how much it could be ?

like

HNY all! I have multiple rollover and traditional IRAs, as well as a solo 401k. But (since I started paying attention to this kind of thing) have always been over the income limit to start a Roth IRA. I’ve also not done much contributing in the last few years due to purchasing an apartment and saving for renovations. Cue pandemic joblessness... if married filing separately, would you say it’s a good idea to start a Roth while under the income limit, even in this climate? Any reason not to?

like

Mindtree hike letter rolling out

like

Looking for insight on avg total comp for registered middle management with big bank. Considering making the jump from a branch advisor to managing a team of branch advisors. I’m newly 9/10 licensed. I’ve been building book in a bank branch but the consumer bank side of the job is draining. I’m making $155k total, $75k of that is salary. Anticipating a $130k salary offer if I go management route, with small annual bonus. Any others with experience that can speak to this?

like

More Posts

Anyone who has recently received offer from hcl...plz help...

I had the HR discussion almost 2 weeks back...and now I am getting all the emails like welcome to hcl and documents upload for background check, joining form submission etc....but have not received the offer letter yet...

Just want to know is this the normal process..do they release the offer after uploading BGV docs??

like

Agoda team, can someone let me know the question pattern for backend engineer interview..will it be online or there will be someone from agoda technical team?

Hi Fish,

I am currently working in non tech as an analyst. I have learnt SQL AND Data warehousing concepts. I am thinking of switching to any data related role Data Analyst/Data engineer. Appreciate your views/thoughts on this.
Should I have to learn some more to switch or should take up any real time projects to start a career in the above mentioned fields.
Overall experience: 3y
CCTC: 4.2 LPA

THANK YOU

Does Deloitte provide cab facility?

like

What is expected CTC for lateral hires for PWC AC for the position of guidewire business analyst ? Total YOE-7..5 as BA, 2 as others.

like

As a (class of 2020) second year whose several classmates from different groups are already thinking about leaving/going to other firms, should I explore other options too? Don’t know if they’re being dramatic about how bad it is or if I’m just drinking the koolaid in my group?

like

Post your A/S/L: let’s see where all of y’all from :)

like

If job posting pay was $36.66 hourly (no range) what would be an acceptable offer and counter offer?

like

Hello Fishies-!!!!!

I had question, when we apply for a job in another country, they usually ask a question “Are you legally allowed/eligible to work in that country”

In such a case, do you select yes or no? What is the criteria to answer that question?

Please help!

like

Hi everyone. Can anybody let me know about the culture, work life balance, compensation growth and career growth at HDFC Ltd.

like

Do any of you use Jo Malone ?

How do you single 🐟 find time to meet people and get to know them when working these crazy hours? Feel like I'm putting that part of my life on hold due to my job, and it's kind of freaking me out 😣

like

Hi,

can someone highlight as how much we can expect for band 8 with 14.6 yrs exp as a security professional.

like

Hi everyone, I am locking for a job change . I have 8+ years of experience in hr generalist for 6 years and 2 years in knowledge management. My current package is 8.2 lakhs and expected is 12 - 15 lakhs, request you to please help me in fi ding a job in your organization

I have submitted the joining forms embark portal in Wipro. Can I mail them let know if i am not joining? Or else is it mandatory to join? Wipro

like

Anyone else having Destiny 2 issues?

I decided to jump back in after a few months hiatus because of the free expansion week. My main character has gear 1350-1400 but my light level is listing at 1216 and every activity I do the enemies are “!!” level so I get destroyed. Meanwhile my old character I haven’t played in years has the minimum 1350 light level like it’s supposed to. Has this happened to anyone else?

like

Accenture fish willing to refer?

like

Hi, I have 12 year of experience in iOS Development, Solution Designer, iOS Architect... Currently on notice period got offer of 27L...looking for more referal in good companies.. Please help me

Strategy& vs. EY-Parthenon vs LEK? Pros and cons

like

having vivid violent dreams I can remember which has never happened. Pretty depressed also for reasons. Struggling to get out of bed let alone exercise. Feel inadequate for lacking mental strength

like

Additional Posts in Advertising

Alas, I don't qualify.

Post Photo
likefunny

I think I’m finally burnt out on agency life. What’s a logical next step? Freelance? In-house? A new career all together?

like

Can community managers call themselves copywriters?

like

I’ve been working my ass off to make it to ACD and I feel like this milestone has been all-consuming. I’m close, I can feel it. But will I be full-filled when I get there? And if so, for how long? Curious to hear from others about their climb up the ladder and if the hunger and drive ever subsides to an acceptable level.

like

What are some of your most common interview questions??

like

What kind of work is done by Junior Talent in Data & Analytics?

like

Saturday night live is getting good again.

like

I really need to know. Does anyone genuinely care about their jobs anymore? Money aside.

likefunny

I laugh during awkward situations. The other day someone called me out on laughing. It was awkward.

likefunny

How would you handle a person at your job that makes inappropriate jokes in public? Just curious ...

like

What’s it like producing at 360i NY?

like

The new Volvo commercials are 🔥🔥🔥

like

Describe the candidate who impressed you the most throughout your years of interviewing people, and why? #motivationmonday #😇

like

Hi all! Moving from TX to NY and have an offer for 80K. Is this reasonable for someone with ~3 years of experience or am I being lowballed here?

like

How does one proceed if/when receiving job offers from two shops within the same holding company? Asking for a friend.....

like

How do you not go absolutely batshit with anxiety while job hunting?

like

Been at a new job for a couple of months. Overall it’s been disappointing and I’m starting to feel anxiety for the future. I feel this way because I’ve just been working on one account I really don’t feel will create anything book worthy and I’m afraid that I will have nothing to show after a year. I’d been interviewing with this company for a while (off and on for 7 months+) and during that time made work I’m proud of and as of this past may, is award winning. (continued in comments)

like

“have fun with this brief” they say before telling you the client is pretty conservative and needs to have safer options.

i know we don’t always work on stuff we’re thrilled about but i’ve never dreaded reviews for a client before until now

like

Hiring managers and recruiters: a lot of well-respected schools (Harvard, BC, Cornell, Penn State, MIT) now have pretty robust online programs. Contd

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal