{ "media_type": "text", "post_content": "My company was acquired by a larger company. They offered me a more senior position outside of EA space, in an area that i know very little about, but no additional pay compensation. I also do not get equity, like at my last company. They’ll offer me a retention bonus after 1 year equal to the amount of severance they would have given if I do not take the job. Would you take the new job or take the severance and find something more in line with what I’m doing now?", "post_id": "61a707d5b59f2d0026e13ce2", "reply_count": 10, "vote_count": 3, "bowl_id": "5c18a0b7488c6f00121c407a", "bowl_name": "EAs / Executive Assistants on Fishbowl" }

My company was acquired by a larger company. They offered me a more senior position outside of EA space, in an area that i know very little about, but no additional pay compensation. I also do not get equity, like at my last company. They’ll offer me a retention bonus after 1 year equal to the amount of severance they would have given if I do not take the job. Would you take the new job or take the severance and find something more in line with what I’m doing now?

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More work....same $$ seems off. Why don't you look for another EA role, while you are " thinking " it over. Take the severance and get unemployment while you look... good luck

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That’s definitely not the case here in Boston. So I guess it’s location specific. I’m also very well connected with the recruiters in Boston as well and they said they can get me exactly what I want comp wise because it’s a candidates market. Also, all of the places that I’ve interviewed with thus far and turned down moving forward we’re able to match what I wanted for salary.

If you think they will help/mentor you in navigating the new role - stay. Their intentions are sincere.

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The EA position is fading away as we know it. Go with your gut feeling.

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The EA field is so limiting in terms of career growth anymore. Once you are supporting a certain level of executive the only place to go is to support a higher level executive which is still the same job different person. Most Companies also put no value into developing EA’s. I would say if they are offering you an opportunity to get out of this job into a more senior level position, take it! Our title doesn’t afford us the option to take many career paths, I would love this opportunity. I will say the pay thing is a bit weird, but you don’t have to stay there forever. My advice would be to Put your time in with your new title then take that title elsewhere for more money. This advice is pending what they’re offering for you to do would be something your remotely interested in doing. If not then the change will not be a rewarding experience in which case severance is definitely the way to go. Also note acquisitions are tricky. I now work for a company who has a mix of employees that were with the smaller company before the merger as well as those that were with the larger one. Those from the smaller one were used to a totally different level of respect and benefits than those of the larger one and now feel totally neglected post merger. These larger companies in some sense treat everyone just as a number there is no real value for individual people, everyone is replaceable. These larger companies also have a thing called position grades which dictates the salary band for every role and basically they take your experience for the new role whether direct experience or transferable skills and they’ll rate you in terms of your experience for where you should fall within the band. The role itself is also given a grade which is what determines the salary band. There is little to no flexibility for this for most places so let’s say the role grade is a P2 and the band is let’s say 100-120k and you have only transferable skills you’ll likely fall in the 100-105k range which if you’ve been with the other company for some time could be exactly what your making now but they can’t offer you more since you have no direct experience and their Corp policies dictate how they have to rate you in relation to the salary band

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I’d take the position and still continue searching. It’s always better to be employed and look for a job as opposed to being unemployed. If anything you’ll obtain new skills. If you do find a better job - in terms of pay/or position, you could use that as leverage in your current position. Interviewing elsewhere might give you insight as to your worth as a Senior Administrative Assistant as compared to others who are similarly situated as you.

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Is the new role something that you want to learn? If so this may be a great opportunity to throw yourself into the new field. If you’re more into the work you’re doing now then I’d take the severance. Everywhere (pretty much!) is hiring right now. Though I will say, more senior for no extra pay is a weird red flag for me. Why don’t they want to pay you what the role is worth? (Rhetorical question)

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