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To accept the position...or not?
So I am getting laid off on September 30th. The severance package is good, 5 months pay plus money for Cobra and a pro-rated bonus. I interviewed and got an offer for a similar position, more responsibility, probably have to work a lot of hours, but the pay is the same as what I make now. I am trying to decide if I should take it just so I have a job and won't have to look for one in September or should I wait? Any comments are appreciated. Trying to weigh the pros and cons and look at it from all angles.
Re: To accept the position...or not?
And I'm guessing you don't get the severance package if you accept the similar position? Same company, right?
Honestly, I think if that similar job doesn't inspire you - you don't sound inspired - or make you feel that happy butterfly of "new job" excitement, then I'd take a pass. You'll have over a year to job search since you already know about the layoff. That alone gives you 9 months + the 5 month severance. And you don't know what other opportunities are going to open up at the company during that time - something you ARE excited about may come along in the interim that allows you to stay.
Sleep on it for a couple and if you don't get that 'this is a good idea' tingle - dust off your resume and start working on refining.
If you weren't getting laid off would you still persue this job? Would it be something you would never even consider if you were secure in the current job? And will the pay increase? Right now you'd be stuck making less per hour with the new job. Not a big deal if you can advance quickly, otherwise not so great. I guess I'd stay in your current position while looking for something that is the right fit for you. You've got 8-9 months before you need to worry (IMO).
PP's bring up good points as they are wise women. But the prospect of being unemployed if I wasn't able to find a job before the severance pay disappeared would be too much for me. I would take the new job and continue to look for work if the new job was ho hum or if I was unhappy there. I do believe that jobs seem to be easier to find when you are looking from a position of power (already employed) versus from a position of desperation (unemployed, running out of money) - kind of like love - you never find it when you're looking for it but when you're busy doing other things it seems to be knocking on all your doors and windows.
Good luck with your decision.
I do think it depends on your views of the position. Would you try to persue something different even if you weren't being laid off?
However, if it were me, I'd take the new job. The prospect of not having a job would scare the crap out of me, especially if it was an income that I depended on. As PP said, you can always look for something new if this new job doesn't pan out to be something you think you'll be happy with. I can understand not wanting to go from job to job. But in the end, for me, it would come down to knowing that I had a job. I would be too anxious and nervous to assume that I'd be able to find something else once that severance ended.
Good luck!
Unless it's the same company, I don't see why you wouldn't get the severance package.
Also, I think I'd take the job. If it's more responsiblity, that can be great to build your credentials to move up or move to a new company that pays more for more responsibility.
Also, it's pretty commonly agreed that it's easier to get a job while you are still employed, so even if this isn't your dream position, you may start interview elsewhere, and it will take off the pressure to find a better position.
Thanks for the advice.
I would definitely not be looking if I weren't getting laid off. I love the people I work with and the laid back culture of our company. The position is with a different company and it is more secure (required by the federal goverment so very little chance of it being eliminated) and definitely something I could do, but lots more work, more responsibility so I feel like I need more compensation. We'll see what they say, but I don't think I am going to take it if I don't get more money.
Can I "like" this post and all the responses? Wow. Some of my favorite ladies responded to your post with such sage advice of the pros and cons. I don't think I can add much.
I seem to remember from years back that you do IT-related things but I can't remember exactly much. I've had a few of those types of jobs cross my email lately so if you want to email me, I'd be happy to brainstorm and/or send you what I've seen and heard.
kpritchard71 at hotmail
**Edited: What does "exactly much" mean, you ask? I have no idea. I think that was supposed to say "exactly what".