General Well fellas, I might be changing jobs

[Wild]

Will try not to make this a novel. Left a great company 3 years ago because the company that I work for now offered 20% more on base salary + 10% equity in the division they brought me in to help start. Been in the industry for 32 years. Made a lot of contacts w/ the right people over the years. Was able to get us in with End Users almost immediately. Grew sales by 200% year 1 to year 2, 300% year 2 to year 3, and this year should have been another 100% growth over last, but incoming Sales will be identical to 2023 because...

Three months ago the CEO instructed me to no-bid a shit ton of projects (we'll call them XYZ projects) because our execution team shit the bed on similar XYZ projects that I sold in late 2023 and were executed this year. One broke even (should have made $500k profit), and the other lost money (should have made $700k profit). Because he's handcuffed me, I won't meet my bonus goal this year. That's the first thing that I'm pissed off about. And because we lost money on these two projects, the equity is worthless after 3 years.

Well, if there's anything I've learned, it's timing is everything.

Like a blessing from the Man upstairs, a customer of mine reached out to me 3-4 weeks ago about entertaining an offer from them. Same salary + commission. I like it. Pay me for what I sell. Not on margin. Sales. There are hurdles with the commission structure & payout. I've countered and am working directly with the owner. Negotiations ongoing. 50/50 if this works out.

And when I reached out to an older gentleman in the industry, who I consider a mentor, for counsel...he asked if I'd be willing to entertain an offer from his company before making a decision. I have another meeting with them tomorrow, and I expect I'll have a formal offer before year end.

In the meantime, the CEO of the company that I work for now (who handcuffed me) reached out on 12/12, saying he could tell I was frustrated, didn't want to lose me, and asked me to propose a revised comp plan that I would be happy with (I did that 12/13). Haven't heard back. He asked for time 'to reflect' on it. Not really worried about negotiating with him until I have offers finalized with the other places anyway.

So now I have options,

I fully expect my current CEO to not give me what I asked for, because that's what most CEO's think they're supposed to do. Most have no clue how to effectively operate a business (seriously). My guess is he'll take 30% off of what I proposed, and counter with that. If I get what I want from one, or both, of the other two places, I will gladly tell him to pound sand. It's to the point now where I'm unhappy, there are several people in the company who I can't stand because their performance fucked me financially, and I'm more than willing to leave.

Even if I don't get everything that I want from the other two places, but their offers are even slightly better than what I have now, I'll still probably tell him to pound sand.

 

[MountainMedic]

So now I have options

Goddam right you do

Go for what feels right, not what looks best on paper.

 

[Wild]

Goddam right you do

Go for what feels right, not what looks best on paper.

I will, for sure. Why? Because I regret leaving my previous employer 3 years ago, for this one. Hindsight, I made a mistake. Have made more money, but the stress caused me health issues, and I'm unhappier today than any moment in time there.

 

[Rambo John J]

Options sound amazing

 

[NiteProwleR]

Hey, OP. I want to do something for me. Come here.

 

[Jamie999]

I haven't worked sales in a long time but did early on in my career for 2 competitors in same industry back to back.. And one big take away from that was that one had great products and one had shit products.. And fuck being a salesperson when you can't rely on the product you're selling to deliver what you need to say it will to get the sale.

So ya I feel like even if you get similar offers if you're no longer confident in the team delivering the work you're selling at your current company that's a good sign to move on if you don't think it'll improve.

Attaching yourself to the right people and company is just as much part of success as executing well yourself.

 

[kvr28]

Life is short, money comes and goes. Take one of the other offers, current place sounds too toxic.

On a side note I didn't know jizz mopping at the porn shop was such a big business.

 

[IschKabibble]

Well played. Go for whatever makes you most happy. My first job was in sales at Best Buy where we weren't offered any kind of commission, yet they expected us to attach an insurance policy on every electronic sold. It soured my perspective on sales and made me swear to never work in the position again. Just yesterday I got an offer in sales that's almost too good to be true. I'm going to pursue it and see how it plays out. I'd be a fool to turn down the opportunity.

 

[Wild]

Well played. Go for whatever makes you most happy. My first job was in sales at Best Buy where we weren't offered any kind of commission, yet they expected us to attach an insurance policy on every electronic sold. It soured my perspective on sales and made me swear to never work in the position again. Just yesterday I got an offer in sales that's almost too good to be true. I'm going to pursue it and see how it plays out. I'd be a fool to turn down the opportunity.

Good luck bro. Go get that shit.

 

[rmenergy]

I will, for sure. Why? Because I regret leaving my previous employer 3 years ago, for this one. Hindsight, I made a mistake. Have made more money, but the stress caused me health issues, and I'm unhappier today than any moment in time there.

I did something similar as you but opposite in monetary compensation & happiness back in 2018. My income is currently 1/2 what it would have been at my previous employer BUT the amount of overtime & stress involved there would have caused me a divorce. I still make enough to be fairly comfortable, save plenty for retirement, sons college, family vacations, etc… but I’m not able to pay off my mortgage in a year like a friend who stayed (no kids at home).

The way I look at it is anything extra I would have made would be lost in divorce. Not worth it to me.

I also hear you on the performance of others impacting you financially. I get a small bonus of 80 CTO hours dependent on unit reliability. If the area control center operators forget to log the correct GADS code (if the outage was transmission induced or a rescue) then it impacts the bonus. Not as large as your fiscal situation but those hours are pretty handy

 

[McDonaldsFan]

Might I suggest a job in the hvac trade?

I make 70k and my back hurts all the time

Its win/win

 

[Greenbean]

Because I regret leaving my previous employer 3 years ago, for this one. Hindsight, I made a mistake. Have made more money, but the stress caused me health issues, and I'm unhappier today than any moment in time there.

Devils advocate... Try not to make the same mistake because you think the grass will be greener. There could be some unforseen drawbacks. Without the full picture, it's hard to say. Options are good. You're in a great position. Be happy about that. I'd say try to get an understanding of the culture and whether or not it'll be a good fit for you. In the end, business will business. Try not to take it personally.

 

[vad]

I left a good job for a shitty job. It sucked. Two years of career stagnation.

Started a new job last week and it's a complete 180. Granted it's early on but all signs point to a big improvement.

Given you have found yourself perhaps in a similar position I have confidence in you making the right choice. The grass can be greener.

You've got a few options on top of it, can't beat that.

 

[Wild]

Devils advocate... Try not to make the same mistake because you think the grass will be greener. There could be some unforseen drawbacks. Without the full picture, it's hard to say. Options are good. You're in a great position. Be happy about that. I'd say try to get an understanding of the culture and whether or not it'll be a good fit for you. In the end, business will business. Try not to take it personally.

100% buddy. I’ve been in discussions with these two companies for going on a month now, because I want to make sure that I know as much as possible about the culture, expectations, resources, the benefits package, etc, etc. But I’ve learned the grass isn’t always greener.