Quote:
Originally Posted by New Era
Always consider that a sell job. I worked for a company that made similar promises and was going to let me retire at 45. Then the dotcom crash hit and me an 10,000 fiends were all out of work overnight. The story is long and ugly, but one I learned some good lessons from. Count on what is proven. The only guarantee they can provide you is the general benefits package they provide. Stock options and bonuses are black boxes and should not be counted on in your planning IMO. I count 401K/RRSP match programs in there as well as you assume all the risk and they can pull the rug out from under you during hard times and stop contributions (speaking from experience). The choice between a 401K/RRSP match is a no brainer. Pensions are much safer because they are usually collectively bargained for and usually protected, so they are a much more guaranteed thing.
You have a tough decision. I know which way I would go because I've been screwed over a couple times by big promises. I learned to go with the sure thing and don't get caught taking that bird in the hand for granted. Remember, the grass on the other side of the fence may appear greener, but it may also be astro turf. Don't piss away a good situation on promises of things that may never materialize. Only take what is guaranteed.
|
Thank you for your perspective. It is indeed a tough decision for me.
As it stands right now, their offer is lower than I expected. I'm going to ask them for something much higher and see what they say. I've mentally prepared for them to rescind the offer and I'm willing to walk away from it. Like you said, I do have that pension to fall back on.
This might be a stupid question, but, is there going to be resentment from the team if I asked for a higher pay and they said ok? "Look at this guy asking for a higher pay before even starting with us.... Who does he think he is?"