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Should I join or continue where I am?

 
#1 Should I join or continue where I am?
08/04/2008 14:21

Nick Adams

In have read a lot of review in the forum regarding taking up an offer and not going for it since your current employer has managed to meet or exceed the offered salary. I understand the implications.

My dilemma is not that complex getting an opinion from experts is always good.

I am currently contracting for a large trading firm. It is a long term contract paying well. However, I managed to get an offer from CG that almost met my current contract rates. My joining date is round the corner and the trading firm has increased my hourly rates by 76%.

Such an increase means if I do not extend my contract I will be losing huge sum almost 100%. The current contract with Trading company is really good as I am the only specialist for the team hence they cannot do without me whereas CG has not explained my about the role in depth, although I know the job title speaks about the role.

My question is really simple; do I join CG or continue contracting with 100% pay rise?

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#2 RE: Should I join or continue where I am?
08/04/2008 15:00

take the payrise to Nick Adams (#1)

my 2 cents

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#3 RE: Should I join or continue where I am?
08/04/2008 15:48

anon to take the payrise (#2)

Does your current firm know you are about to move on?

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#4 RE: Should I join or continue where I am?
08/04/2008 17:36

anon to Nick Adams (#1)

Tough one - I would take the money. Unless of course you absolutely hate the work you are doing and are desp. to move into a large consulting environment. Freelance contracting and working for a large consultancy are very different career tracks, it depends on what you prefer. I have done both and honestly there are pro's and cons with each, which you need to weigh-up and decide which you prefer.

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#5 RE: Should I join or continue where I am?
08/04/2008 20:56

Nick Adams to anon (#4)

My current Trading company knows about the new offer. That's the main reason why they have offered me revised rates.

I was looking forward to CG for stability and long term commitments, but in the trading company in my 6 months of stay I have never seen a contractor out of work, infact guys have been contracting for 5-7 years.

I have been interviewing guys for my role but we have been out of luck hence they offered me the revised rates.

Can someone please point me towards some things that might excite me to work for CG on a lower pay? I thought CG to be a platform to enter the Big4 consultancies. Although I completely agree that I should take the payrise.

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#6 RE: Should I join or continue where I am?
09/04/2008 09:24

anon to Nick Adams (#5)

Hello Nick. It seems implicit in your previous post that you think the Big 4 consultancies are the best. Why is this so?

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#7 RE: Should I join or continue where I am?
09/04/2008 09:31

anon to anon (#6)

I assume if you are good enough to get an offer from CG now, you should be able to secure an equivelent offer in a year or so from a Big4, so if you are happy with contracting then take the money while you can, permament roless are not always that permanent, your terms of employment may still have you on 4 weeks notice. Grab it while you can!

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#8 RE: Should I join or continue where I am?
23/04/2008 17:06

Nick Adams to anon (#7)

Sometimes I feel like kicking myself hard for creating a mess everytime I negotiate my salary.

So I decided to continue with my contract. Today is the first day of my contract renewal, same work but more pay with revised rates. Bang I get a call from CG and they re-negotiate my salary. I asked for 15k more than what they earlier offered me. So now the difference in my contract and permanent salary between 15-20k.

Now once again my decision dwangles in your hands. Should I go for it or wait in my current contract and apply for bigger names and go permanent with them?

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#9 RE: Should I join or continue where I am?
23/04/2008 19:01

Special One to Nick Adams (#8)

CG are on of the best Tier 2's around and could be a great platform into MBBB. I say take it, 15k difference now but it sounds like that contracting jobs money will stay there for the forseeable future, it can only grow at CG.

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#10 RE: Should I join or continue where I am?
24/04/2008 12:40

Mars A Day to Nick Adams (#8)

CG is already a big name and competes very nicely with ACN et al. I have found the calibre (on the consulting side) to be almost universally good.

Your choice is business as usual, where they are paying you more because they have to or go to CG who have raised their offer by £15K because they WANT you. Feel the glow and go to CG.

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#11 RE: Should I join or continue where I am?
24/04/2008 14:57

Chris Sale to Nick Adams (#8)

A simple decision: are you a contractor or do you want a permanent job and a career? You can weigh up the pros and cons as well as I can and ultimately they are down to your personal motivations and circumstances. If you want a permanent role then, providing you are broadly happy with the role and the opportunity then it’s a no brainer. Hope this helps. Chris Sale, Director, Prism

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