Vegas Trip
Footballguy
Pre-TLDR: Looking at three job opportunities and trying to make sure I weigh all pros / cons I may not be considering.
Hoping to get some feedback / personal experiences on evaluating and changing jobs to help make the decision.
Also need to decide most professional way to exit current job (mostly timing-wise) without completely screwing them.
Background:
I'm a mid-40's "lapsed" mechanical engineer that's been in sales roles for the last 10-15 years.
Was laid off from the (large) company that I started in out of college in 2019 during a management change / cost-cutting exercise.
Took some time off with my package (that's what she said) and covid hit as I was resuming job search.
Found a pretty good job about 20 mins from home at a (tiny) company but with a good owner and nice people.
About a month or so ago I started looking around again to check career options and my market value...
Company A:
I saw a job that seemed somewhat interesting at my old company and submitted an application to their career site.
There were a couple people I knew in the group that liked it and had good things to say about it.
Heard nothing for about two months. (The company is slow to act to begin with and inside sources tell me HR has been a nightmare lately)
The people I knew there walked my resume over to the manager and said you need to talk to this guy for the open position.
I had an intro zoom interview with the hiring manager, then an onsite panel interview, then a zoom panel interview, all went pretty well.
Last interview was Tuesday 3/28, sent a thank you / next steps email, radio silence from them since then, could be slow HR issue.
Job is sale of large equipment, office-based (company is not fans of working from home), fixed salary and no commission, overall company bonus up to maybe 20% of salary.
Territory in basically North America.
Prospecting, calling, networking with custs, industry groups, EPCs, etc. Long sales cycles, long and difficult contract negotiations.
If we say my current job pays 100 units per year with about 20 units of commission, this would be about 140 units fixed salary and +10-15 units yearend bonus.
Company B:
There are currently no boogie woogie bugle boys employed there and they are not filling that position. (Did I just make a 40's song reference? I'm getting old)
An industry recruiter that I know called me about a job at company B and the hiring manager is a great guy / great boss I knew from company A.
Their process is several 1on1 interviews, tag assessment, then a panel interview.
I let hiring manager know that I may need to make a decision more quickly than that and he went out of his way to coordinate all 5 of the 1on1's for one afternoon last week.
After the 1on1's he said, based on the great initial feedback, there's no need for the panel interview and they'd make me an offer right after the assessment.
Job is sale of large equipment, office-based M-Th, work from home Fridays, fixed salary and no commission, big bonuses...
Territory in basically US / Canada.
This company has a bonus plan up to 33% of salary. Their parent company does profit sharing and pays out to all under the umbrella, it's been around an additional +50% of salary the last few years.
Prospecting, calling, networking with custs, industry groups, EPCs, etc. Long sales cycles, long and difficult contract negotiations.
If we again say my current job pays 100 units per year with about 20 units of commission, this would probably be about 130 units fixed salary and +~70% yearend bonus.
This profit-sharing bonus is heavily based on one industry that's at the top of it's normally cyclical nature right now, so won't always be that high.
The hiring manager plans to retire in about a year, company president in the next few years, good opportunity for advancement.
(Advancement sounds good but I've been more comfortable in the past in more flexible individual contributor roles)
Company C:
A good friend since college (had drifted a bit in last few years due to covid and distance) heard I was looking around and gave me a call to backfill his position as he was promoted to a regional director role. We had also worked together at Company A and he was approached first for the role above at Company B but decided to stay with Company C due to the promotion.
I met with him to discuss the job over lunch, then had a zoom interview with his boss and then the COO last week.
Both guys called my buddy and told him to immediately offer me the position and COO was "mad" at him that he didn't bring me up to interview sooner.
I don't think there would be any friction in reporting to my buddy, I recognize that he's better than me in most all job-related aspects and I'm a big fan of his style.
He's been very open about the role and his expectations and comparisons to Companies A and B.
Job is sale of an in-demand service with little to no competition to high value companies (bio, pharma, foods, etc).
Territory in Northeast US, almost all drivable but can fly depending on scheduling.
Home based, fixed salary plus commission on all sales within the region.
Region is very busy with little need to prospect because of so many incoming calls / requests.
The region is doubling the output of most others with very reliable members of the operations team I'd be working with.
I'd be travelling around 3 days per week, I schedule the trips, mostly car trips, to do site reviews to detail the scope of projects.
Assessment, proposal, payment... no long contract negotiations.
If we again say my current job pays 100 units per year with about 20 units of commission, this would probably be about 130 units fixed salary and +~80 units commission.
(Last couple years have been 75 & 85, even slow regions in the company are only down at about 50 so that may be the base.)
The company currently plans to grow overall revenue by about 40% in next few years, has a more diverse customer portfolio, and several large projects on the horizon.
Upper hierarchy (including my buddy) is pretty set for next 5-10 years so less opportunity for advancement but less chance of major changes.
Based on the above descriptions, what are your initial thoughts and what questions / concerns would you have about each role before accepting?
This move would leave my current small company without anyone really capable of selling and no immediate prospects to fill the role.
They've been passively trying to hire sales assistant for months but no one with the right experience.
I hear two weeks is standard, would like to give them more time but new company will want me there sooner.
At what point should I first communicate my intentions to the owner? After firm offer? After accepting offer? Give a heads up before everything is certain?
TIA!
Hoping to get some feedback / personal experiences on evaluating and changing jobs to help make the decision.
Also need to decide most professional way to exit current job (mostly timing-wise) without completely screwing them.
Background:
I'm a mid-40's "lapsed" mechanical engineer that's been in sales roles for the last 10-15 years.
Was laid off from the (large) company that I started in out of college in 2019 during a management change / cost-cutting exercise.
Took some time off with my package (that's what she said) and covid hit as I was resuming job search.
Found a pretty good job about 20 mins from home at a (tiny) company but with a good owner and nice people.
About a month or so ago I started looking around again to check career options and my market value...
Company A:
I saw a job that seemed somewhat interesting at my old company and submitted an application to their career site.
There were a couple people I knew in the group that liked it and had good things to say about it.
Heard nothing for about two months. (The company is slow to act to begin with and inside sources tell me HR has been a nightmare lately)
The people I knew there walked my resume over to the manager and said you need to talk to this guy for the open position.
I had an intro zoom interview with the hiring manager, then an onsite panel interview, then a zoom panel interview, all went pretty well.
Last interview was Tuesday 3/28, sent a thank you / next steps email, radio silence from them since then, could be slow HR issue.
Job is sale of large equipment, office-based (company is not fans of working from home), fixed salary and no commission, overall company bonus up to maybe 20% of salary.
Territory in basically North America.
Prospecting, calling, networking with custs, industry groups, EPCs, etc. Long sales cycles, long and difficult contract negotiations.
If we say my current job pays 100 units per year with about 20 units of commission, this would be about 140 units fixed salary and +10-15 units yearend bonus.
Company B:
There are currently no boogie woogie bugle boys employed there and they are not filling that position. (Did I just make a 40's song reference? I'm getting old)
An industry recruiter that I know called me about a job at company B and the hiring manager is a great guy / great boss I knew from company A.
Their process is several 1on1 interviews, tag assessment, then a panel interview.
I let hiring manager know that I may need to make a decision more quickly than that and he went out of his way to coordinate all 5 of the 1on1's for one afternoon last week.
After the 1on1's he said, based on the great initial feedback, there's no need for the panel interview and they'd make me an offer right after the assessment.
Job is sale of large equipment, office-based M-Th, work from home Fridays, fixed salary and no commission, big bonuses...
Territory in basically US / Canada.
This company has a bonus plan up to 33% of salary. Their parent company does profit sharing and pays out to all under the umbrella, it's been around an additional +50% of salary the last few years.
Prospecting, calling, networking with custs, industry groups, EPCs, etc. Long sales cycles, long and difficult contract negotiations.
If we again say my current job pays 100 units per year with about 20 units of commission, this would probably be about 130 units fixed salary and +~70% yearend bonus.
This profit-sharing bonus is heavily based on one industry that's at the top of it's normally cyclical nature right now, so won't always be that high.
The hiring manager plans to retire in about a year, company president in the next few years, good opportunity for advancement.
(Advancement sounds good but I've been more comfortable in the past in more flexible individual contributor roles)
Company C:
A good friend since college (had drifted a bit in last few years due to covid and distance) heard I was looking around and gave me a call to backfill his position as he was promoted to a regional director role. We had also worked together at Company A and he was approached first for the role above at Company B but decided to stay with Company C due to the promotion.
I met with him to discuss the job over lunch, then had a zoom interview with his boss and then the COO last week.
Both guys called my buddy and told him to immediately offer me the position and COO was "mad" at him that he didn't bring me up to interview sooner.
I don't think there would be any friction in reporting to my buddy, I recognize that he's better than me in most all job-related aspects and I'm a big fan of his style.
He's been very open about the role and his expectations and comparisons to Companies A and B.
Job is sale of an in-demand service with little to no competition to high value companies (bio, pharma, foods, etc).
Territory in Northeast US, almost all drivable but can fly depending on scheduling.
Home based, fixed salary plus commission on all sales within the region.
Region is very busy with little need to prospect because of so many incoming calls / requests.
The region is doubling the output of most others with very reliable members of the operations team I'd be working with.
I'd be travelling around 3 days per week, I schedule the trips, mostly car trips, to do site reviews to detail the scope of projects.
Assessment, proposal, payment... no long contract negotiations.
If we again say my current job pays 100 units per year with about 20 units of commission, this would probably be about 130 units fixed salary and +~80 units commission.
(Last couple years have been 75 & 85, even slow regions in the company are only down at about 50 so that may be the base.)
The company currently plans to grow overall revenue by about 40% in next few years, has a more diverse customer portfolio, and several large projects on the horizon.
Upper hierarchy (including my buddy) is pretty set for next 5-10 years so less opportunity for advancement but less chance of major changes.
Based on the above descriptions, what are your initial thoughts and what questions / concerns would you have about each role before accepting?
This move would leave my current small company without anyone really capable of selling and no immediate prospects to fill the role.
They've been passively trying to hire sales assistant for months but no one with the right experience.
I hear two weeks is standard, would like to give them more time but new company will want me there sooner.
At what point should I first communicate my intentions to the owner? After firm offer? After accepting offer? Give a heads up before everything is certain?
TIA!
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