|
Redskins8588 01-04-2007, 10:25 AM I recently had a couple of job interviews and out of 3 interviews a company made a job offer to me. Now let me explain my current situation. I work 3rd shift (11pm-7am), with about 100 to 150 hours of overtime @ time + half, my health benifets are about $160/mo for dental, vision, medical for me, 3 kids, and wife. Pluse every 4mths I get a profit sharing check for about $200 to $300.
Now the company that I would be working for offered me a job on 1st shift 8-4, similar health benifits, and they too have a profit sharing system but pays every 4 weeks. The job is a pretty good job but they offered me $1.50 less than what I am currently making now. And I am not sure as to how big their profit sharing checks, maybe they make up the difference of the $1.50. That is something that I need to find out I know. But is this proffesional to offer someone that much less to come and work for them?
724Skinsfan 01-04-2007, 10:32 AM What is their pay rate advancement? After 6 months will you be evaluated and given the opportunity for a raise? I once took a job a long time ago for close to minimum wage but during the interview they told me I would be assessed between 3 and 6 months. I was evaluated and jumped to 14.00/hour.
Another thing to consider is family time. Will you be getting more or less or the same amount. I would take a slight paycut (very slight) in order to have matching hours with my wife.
Schneed10 01-04-2007, 10:34 AM I recently had a couple of job interviews and out of 3 interviews a company made a job offer to me. Now let me explain my current situation. I work 3rd shift (11pm-7am), with about 100 to 150 hours of overtime @ time + half, my health benifets are about $160/mo for dental, vision, medical for me, 3 kids, and wife. Pluse every 4mths I get a profit sharing check for about $200 to $300.
Now the company that I would be working for offered me a job on 1st shift 8-4, similar health benifits, and they too have a profit sharing system but pays every 4 weeks. The job is a pretty good job but they offered me $1.50 less than what I am currently making now. And I am not sure as to how big their profit sharing checks, maybe they make up the difference of the $1.50. That is something that I need to find out I know. But is this proffesional to offer someone that much less to come and work for them?
I'm not sure what industry you work in, but in a lot of industries they pay what is known as a shift differential, where the night shift makes more per hour than the day shift. This is definitely the case for nurses and medical/technical professionals. That could explain the difference.
Definitely need to find out about the profit sharing - how much is paid out and how often. That can help you size it up. But career advisors say it's never a bad thing to negotiate a little bit during the job hunting process. First decide what amount of money you NEED in order to make the switch. Perhaps accepting $1.50 less per hour in exchange for working days is worth it to you. Or perhaps it's not. But maybe you'd be willing to make the switch for $1.00 less per hour? If that's the case, tell them that, and say if you'd be willing to give me $1.00 less than I'm making now, I will take the job, otherwise I can't give up that much in wages. Explaining it to them that way, at the very least they'll understand your decision, but a lot of times employers aren't willing to be sticklers over a little more money. A lot of times they'll think it's worth it just to give it to you so they don't have to go finding another qualified candidate.
Only you can decide what amount of $ you need to make it worth it. But there's definitely no harm in asking if there's wiggle room in the offer. The worst they can do is say no, and you make your decision based on that.
12thMan 01-04-2007, 10:36 AM I recently had a couple of job interviews and out of 3 interviews a company made a job offer to me. Now let me explain my current situation. I work 3rd shift (11pm-7am), with about 100 to 150 hours of overtime @ time + half, my health benifets are about $160/mo for dental, vision, medical for me, 3 kids, and wife. Pluse every 4mths I get a profit sharing check for about $200 to $300.
Now the company that I would be working for offered me a job on 1st shift 8-4, similar health benifits, and they too have a profit sharing system but pays every 4 weeks. The job is a pretty good job but they offered me $1.50 less than what I am currently making now. And I am not sure as to how big their profit sharing checks, maybe they make up the difference of the $1.50. That is something that I need to find out I know. But is this proffesional to offer someone that much less to come and work for them?
I would think the $1.50 less per hour is the trade off of changing to a more normal workshift. I think one of the things you have to consider is, will that 100-150 hours of OT be a part of their package? If so, you might not lose much in salary. You can figure out ways to cut corners to make up that $1.50 per hour.
Also, without knowing all the specifics, there are probably more promotion opportunities available with the new job. Simply because normal hours could translate to higher visibility, which tends to lead to other things.
In the end, if we're talking only the $1.50 per hour and if they can somehow make it up in retirement contribs, it may be a good deal. I would have to think your quality of life would improve somehow with the regular hours as well.
12M
EEich 01-04-2007, 10:36 AM It's not a matter of being professional or not. You can't look at it that way.
They must feel that they can fill the position with a good candidate for that amount.
You can accept it, reject it or ask for more money.
Schneed10 01-04-2007, 10:40 AM It's not a matter of being professional or not. You can't look at it that way.
They must feel that they can fill the position with a good candidate for that amount.
You can accept it, reject it or ask for more money.
Agreed, the amount of money they're offering says nothing about their professionalism. It's just what they feel is fair to pay you. Doesn't hurt to ask for more and see what they say.
12thMan 01-04-2007, 10:48 AM If I could throw one more tidbit of advice in there. If you or when you guys have the money conversation. You may want to position the dollar amount you're asking for in terms of what it looks like annually and not per hour, even though that's how the numbers really break down. If that $1.50 per hour comes to $15-16K per year, then ask for as close to that dollar range without interviewing yourself out of the position all together.
I've seen it done both ways to be honest, but I like the latter approach simply because it looks like you're putting more value on your services over the course of a year and not day to day.
Schneed10 01-04-2007, 10:57 AM A difference of $1.50 an hour equates to a difference of about $3000 per year in pay.
There are 52 weeks in the year, in which you assume you'd work 5 days a week. 52 times five equals 260 days. Then you have to take out 6-8 days for holidays, and 10-15 days for sick/vacation time (which I'm assuming are unpaid for you).
That's about 237 days worked, for 8 hours each day, that comes to 1896 hours per year. Multiply those hours by $1.50, and you get $2844.
Then you have about 100 hours in which you're paid time and a half. Time and a half of the $1.50 difference comes to $2.25. So $2.25 times the 100 hours is $225.
So $2844 plus the $225, and you get $3069.
The $1.50 represents a drop of $3069 in your annual gross income, not factoring in the changes in profit sharing.
12thMan 01-04-2007, 12:11 PM A difference of $1.50 an hour equates to a difference of about $3000 per year in pay.
There are 52 weeks in the year, in which you assume you'd work 5 days a week. 52 times five equals 260 days. Then you have to take out 6-8 days for holidays, and 10-15 days for sick/vacation time (which I'm assuming are unpaid for you).
That's about 237 days worked, for 8 hours each day, that comes to 1896 hours per year. Multiply those hours by $1.50, and you get $2844.
Then you have about 100 hours in which you're paid time and a half. Time and a half of the $1.50 difference comes to $2.25. So $2.25 times the 100 hours is $225.
So $2844 plus the $225, and you get $3069.
The $1.50 represents a drop of $3069 in your annual gross income, not factoring in the changes in profit sharing.
Shit, I was thinking Euros:)
mheisig 01-04-2007, 12:41 PM A difference of $1.50 an hour equates to a difference of about $3000 per year in pay.
There are 52 weeks in the year, in which you assume you'd work 5 days a week. 52 times five equals 260 days. Then you have to take out 6-8 days for holidays, and 10-15 days for sick/vacation time (which I'm assuming are unpaid for you).
That's about 237 days worked, for 8 hours each day, that comes to 1896 hours per year. Multiply those hours by $1.50, and you get $2844.
Then you have about 100 hours in which you're paid time and a half. Time and a half of the $1.50 difference comes to $2.25. So $2.25 times the 100 hours is $225.
So $2844 plus the $225, and you get $3069.
The $1.50 represents a drop of $3069 in your annual gross income, not factoring in the changes in profit sharing.
Don't you need to multiply that by 1.9428 to get pounds?
|