Thinking that the recession is going to hit us soon, I feel job safety is going to be pretty important in the next 1-3 years (and Compass isn’t the safest place at the moment due to interest rate concerns and slowing real estate sales) Received an offer from one of my prev companies. Here’s pros/cons Pro: - higher base @ $240K + sign-on @ $100K (compared with current base $184K + 🥜 stocks) - will be leading a team (currently an IC) - I know it’s not guaranteed, but very certain layoff risk is low Con: - no equity, just 10-15% cash bonus - they do not have a tech presence outside of its own industry, not a modern tech appearance (Would it hurt if I want to get a job in tech later?) - probably less WLB since it’s a new team - not remote, need to commute 2-3 days a week Current TC: ~$200K (w/ current stock) Offer TC: ~$275K (all cash) YOE: 7
more money, career growth and relatively safer - take it. You can jump in 12-18months once things become a bit less volatile
2-3 days in office no way
Thanks for the comments and votes. I decided to take this chance. Definitely leaning towards the safety and the growth in the role. I get to try everything that I got without risking a lot so there’s a positive side to it too.
Having worked there before and knowing some folks, I'd say the odds of a layoff are even lower. Not saying that this would always happen but from my experience the people who are brought back to their old companies seem to grow pretty fast in small and mid sized companies.
Take it and also keep interviewing?