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"I" needs to decided between these two options:
a) stay in the current position of team leader of a development/engineering group which is slowly growing (6-7 people now), reporting to Director of Research and Development (which has a team of about 20 people, so "I" is responsible for about one third of the R&D group)
b) take on a product manager role for a product platform accounting for about 75% of company revenue, reporting to Director of Research and Development, and working with other product managers of specific products (about 3); "I" would be at a higher level for the entire platform, but not having anyone reporting directly to him.
"I" enjoys working in the lab and thinkering with stuff, so he would get more satisfaction from option "a" on the other hand he would be interracting with more customers/government agencies in position "b" and will also be aligible for "bonus" at the end of the year.
what would "you" do?
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Would you consider the pay and advancement opportunities in position "a" adequate? Or would you be unhappy with the compensation?
If it's adequate (and only you can decide what "adequate" is), then go with "a" given the greater job satisfaction.
UNLESS, of course, the added pay in "b" equals or exceeds the proverbial "boatload", in which case I suggest considering position "b" for, say, 5 years, while living on WHAT YOU CURRENTLY MAKE, and saving/investing said "boatload" - then after 5 years, seek a position inside or outside the company that gives you the satisfaction - having banked a boatload of cash.
But, that's just me.
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Which Girl Job To Marry Pick?
There is a man who has three girlfriends positions available, but he does not know which one to marry pick. So he decides to give a key female manager at each one $5000 and see how each of them spends it.
The first one goes out and gets a total makeover with the money. She gets new clothes, a new hairdo, manicure, pedicure, the works, and tells the man,
"I spent the money so I could look pretty for you because I love want you to work here so much."
The second one went out and bought new golf clubs, a CD player, a television, and a stereo and gives them to the man. She says,
"I bought these gifts for you with the money because I love want you to work here so much."
The third one takes the $5000 and invests it in the stock market, doubles her investment, returns the $5000 to the man and reinvests the rest. She says,
"I am investing the rest of the money for our future because I love want you to work here so much."
The man thought long and hard about how each of the women spent the money, and decided to marry pick the job that had the manager with the biggest boobs.
==
The more things change, the more they remain the same.
==
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If you were me, which you're no, you're I, you would take option b. And don't look back.
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Whatever your decision, you have to happy with your job. Some will say
Power is more important, I don't. To me the 3 biggest factors for a job are,
1. Happy with job, want to go to work everyday.
2. Enough money to pay your bills and take care of family.
3. Will you be where you need to be in 5 years, by that I mean job security.
Personally, I don't want to hate my job and have a lot of money. I want to
Enjoy my life. For the last 5 years, my company has wanted me to move
up the ladder more. I don"t want to. I really enjoy what I do. To move up,
I would eliminate 80% of what I enjoy about my job, for a small pay raise,
Plus a company car. I made the decision not to move up, as for me the
Benefits were not as good as the added stress and less job enjoyment
I would have.
That's my opinion,
Think carefully to make a good decision.
Dave
Welcome to Dave's BBQ!
Many have eaten here....
Few have died
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Unless you have more interest in option b than you indicated - a.
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Go for the money. Money CAN buy happiness, but there is no happiness without money. Just ask someone who has none.
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How come a Product Manager has no one reporting to him?
/Mr Lynn
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How does each position impact the potential for career growth, at current company, or a different one?
Never pick what looks like a dead end job.
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Product manager is usually a marketing sort of job. And such jobs are short lived. Do you want to do that ?
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