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Just 25 days left in my Notice Period. I am holding an offer for 29 fixed, but looking for something better.
I have 7.5 years of experience as a Business Analyst/Product Owner in Banking.
Currently in EY working on lending transformation projects. Designing customer journeys and PO role for implementation.
It would be really nice if anyone can refer me in thier organization for similar role.
Deloitte PwC JPMorgan Chase Bank of America Wells Fargo
Bain & Company For US citizens, how do you minimize tax burden beyond the foreign earned income exclusion, foreign housing deduction, and traditional IRA? BCG doesn’t give American expats access to 401k and I make too much for the Roth IRA so I don’t know what else to try…Boston Consulting Group McKinsey & Company PwC Bain & Company
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I've thought a lot about this. I was laid off by a big entity after evolving internally over the course of 24 years. The culture was quite toxic, and I thought all firms in that sector were the same. It took me 10 months to find another role which frankly sucked in terms of role, culture and especially pay. After 18 months there, I moved on to my current role where I see the culture from the top down is so much better, I am valued and respected, and the pay is back up to the level I had at the big corporate (I can finally pay all the bills again and even save a little again).
While in the sucky job for 18 months, I asked myself if I would go back to the place that had laid me off if an opportunity presented itself, and I told myself I would since the money would have meant I could pay all my bills again. Now that I'm at my current position, I would absolutely not jump ship to go back to that crappy place unless, quite literally, they doubled my salary (which would never happen at that place). That's how much it would take to go back to such a dysfunctional shark tank.
And if by some miracle it did happen, I would accept, knowing that I wouldn't stay long, either because the pay would allow me to create a good cushion to look elsewhere after a couple of years, or because at that level of exorbitant pay they would get rid of me as soon as the next budget cuts happened, new leadership got voted in or whatever else made them decide to cut off their experienced, valuable people.
So if you are jobless and you have no other offers, and the place was not an absolute hellhole, then by all means take it and negotiate a really good pay increase, calculating what "hazard pay" it would take for you to 1) go back to a place that is either toxic or isn't toxic but considered that you were expendable enough for a layoff the first time, or 2) be able to survive financially if you got laid off a second time and needed time to find another job in this market.
If you are jobless and have another decent offer, then your choice depends on how bad the other place was and how much more they would offer you vs. the other offer you have and what your magic number for "hazard pay" would be.
If you are in another job, then think long and hard about the pros and cons of your current place vs. the other place, and what it would take financially for you to go back to the other place to offset the cons that you already know of from having already worked there before and to cushion yourself if you were eventually laid off by them again.
This is a great answer.
If the salary and benefits are solid I'd think about it. I don't like the idea of going back to a company that fired me, but everyone has a price. If their offer met it and I didn't have any other concerns about returning there (e.g. problems with specific coworkers or managers), I'd be open to it.
Not sure that I would. It's a lot of baggage to walk into a new job with. I'd rather have a clean, fresh start if I'm starting a new job. Yes, there is the benefit of familiarity but it's not my things.