Would You Take It?

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MrMosby
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Would You Take It?

Postby MrMosby » Mon Apr 28, 2014 7:46 pm

Alright, so here's the story - I'm an IT consultant and the company I work for specialize in a certain set of technologies and partners very closely with one of the big enterprise software companies. They pay fairly well, I'm in the low 6 figure range - I also rarely work more than 40 hours a week and travel is typically less than 25%. It's a great job and I love it.

The big software partner approached me and wants me to apply for a job in technical pre-sales, because they feel that I'm one of the few potential candidates that has everything they are looking for (and for a lack of better words told me it was mine without actually saying it). If I hit the sales quota with my sales counterpart it would almost double my current salary, and if I missed it, it would still add about $35K to my base salary. The catch is it's about 30-50% travel, and probably more in the neighborhood of 50 or more hours a week.

Now I'm not hurting for money today, but that kind of money would allow me to more quickly pay off my student loans and potentially retire earlier, and pay for kids college. But it will be more stressful and it will take time away from the already limited time I spend with my young kids (1 and 3).

I'm torn it's the perfect role for me, it would really help my long term outlook, and my resume. I also want my kids to remember me spending time with them, because lets be honest as adults we don't remember what our parents bought us but what they did with us.

Anyone have some advice? I'm leaning towards not taking it but I'm not sure. :confused:
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MrMosby
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Postby MrMosby » Mon Apr 28, 2014 9:53 pm

And crap... just realized I did NOT post this in the lounge. Mods, can you move?
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Postby Snowman » Mon Apr 28, 2014 11:44 pm

Mosby- You gotta do what makes sense for your family and for yourselves. But who knows, you might not get another opportunity like this in the future, and especially from a competitor, if I was in your position without any kids, I would've done it, but I think it depends solely like you said "about parents doing stuff with us". My mom and dad, when I was growing up used to work 16-18 hour days and then do it again for years on end. Now my parents have worked hard and are set with their investments and don't work as much as they used to but they still do since my brother and I are usually out and about while my youngest brother is the only one they get to take care of. What I mean is this: It comes down to what you find more valuable-Do you wanna spend more times with your kids and have a little bit less of a salary, but stay relatively happy, or do you want to take a higher paying job, paying off your student loans quicker and travel more and see your kids less? Honestly, to me, since your kids are so young still, I would say to take it, and live without any regrets. OR, once they get older, maybe you could take a less stressful position or something and still watch them grow up? Idk to be honest with you, but I wish you luck on whatever path you decide to take :) .
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Postby Bama87 » Tue Apr 29, 2014 8:57 am

This quote right here:

"Now I'm not hurting for money today, but that kind of money would allow me to more quickly pay off my student loans and potentially retire earlier, and pay for kids college. But it will be more stressful and it will take time away from the already limited time I spend with my young kids (1 and 3). "

If I was in that position I'd have to say no way to the new job.

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Postby darkguy2 » Tue Apr 29, 2014 9:38 am

I have no personal experience with this and no kids but here is my 2 cents.

I think spending time with your kids is important. The higher paying job can also help provide for them now and in the future if you have a college fund. But like all things there needs to be a balance. Sit down and plan out what it would be like if you took the job. I think others would tell you that even though one or their parents was gone 50% of the time they still loved them and thought they were a great parent. The secret is the quality of time you spend with you kids when you are there. When you are home do not just sit around and do nothing. Make the most of it and really get to know them and spend time with them. Since you will be making significantly more that means that you guys can go on family outings more. Take them to the theme park or a regular park. Take them to family events that are going on around you. Go to the beach or mountains depending on where you are. My family used to always take weekend trips up to the mountains or to the beach and had a great time. You do not need to take a entire week off.

Like I said before I do not have kids so I honestly cannot know what it would be like. But as someone who had a similar experience with my own dad I say that it can be done. Also I doubt that this will be the ceiling. Just work hard and get promoted or do not be afraid to move sideways to be able to move up to a position that gives you more time with you family. Just remember to make the time you do spend with you kids count.
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MrMosby
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Postby MrMosby » Tue Apr 29, 2014 12:11 pm

Bama87 wrote:This quote right here:

"Now I'm not hurting for money today, but that kind of money would allow me to more quickly pay off my student loans and potentially retire earlier, and pay for kids college. But it will be more stressful and it will take time away from the already limited time I spend with my young kids (1 and 3). "

If I was in that position I'd have to say no way to the new job.


That's how I'm feeling, but its the difference of retiring at 50 instead of 55, having their college paid for an not, and paying off my student loans 5 years earlier. Although truthfully, I had to pay for my own college and still have student loans to pay off.

Although in the grand scheme of things none of the items really dictate happiness.
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Postby Bama87 » Tue Apr 29, 2014 12:38 pm

I understand there are two sides to this. I have a good friend who just re-upped his contract as an Officer in the Navy. His son is 1 and he will be gone more times than not for the next 10-14 years or so. He did it for stability and his familys future, but like I said he will be gone a lot and they will be moving a decent amount in the coming years.

I actually left a job working 60 hours a week with anything over 40 being time and a half, so decent money when my daughter was 3 months old (there were other factors as well). Took a pay cut and less hours as a exempt employee, but me personally I needed more time with my family..........but you asked the question "would you take it?" and I feel like she and I would get more joy out of me being here for her now than saying hey I can retire at 50 (I promise she wont really care about this at all) or pay for her college (she might care about this one though), but I plan on making her help with paying for her college so that is a wash. She didnt ask to be in my life, I asked her to be in mine so I plan on being here as much as I can for her. In the future my career might take me to a place like you are at now, but maybe at that point I can explain to her what is going on and she would possibly understand.

But like I said, I whole heartedly understand why my buddy chose what he did at the end of the day and I know it was a very very tough decision for him and his wife. I spend many hours on the phone with him talking about it and at the end of the day he chose what he thought would work best for him and his family.

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Postby mrow » Tue Apr 29, 2014 3:35 pm

It's a shame this opportunity didn't come along when your kids are a little older and there isn't quite as much to miss with them growing up. That is the type of job that you can do for 2-3 years and then find something much more stable with less travel and normal hours for close to the same pay once you've had that experience.

I have to say though, I'm also an IT consultant and IT is a great industry. If you're willing to put in the work and pay your dues you can make a sh!tload of money.

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Postby JoDa » Tue Apr 29, 2014 7:04 pm

I'd ask if what this moves you on to in the future is as intense. If you can do 3-5 years and then move onto something lucrative with more reasonable hours and a little less travel, it may work out well. By that point, personal opinion, your kids will REALLY value the time with you and be doing stuff you want to be there for - like little league games, dance recitals, and school plays. If you can chuck in some hours and travel when they're little - setting yourself and them up financially and otherwise for the future - and then back off and be there when they get on base or perform a solo for the first time, it will probably work out. But no one can make this decision but you.

I'd also note that the difference between 30% travel and 50% is significant, so if you can clear that up, I think it would help. If you're FAR away 30% of the time and in the next town over for a day or a single overnight the other 20%, that means something qualitatively different than being far away 50% of the time. We just had a software rep in the other day who departed home base at 8:30 AM, did her meetings, and was on a plane home at 5:30...would have rolled into her driveway in time to have dinner with her family and tuck the kiddos in. Same goes for hours...50 isn't too bad if your commute is reasonable, but when you start topping 60 home seems pretty alien. So if it's 50 most weeks with 2 or 3 weeks of bustin', that would probably still give you good quality time at home, where 65 every week, week after week might seem too much...

Also (I know, I keep thinking)...what about flexibility? If you can go in late to see the kiddos off to preschool, be in the office for 8, go home and have some playtime, and then finish up paperwork once they're tucked in, you may well find 50+ easy. Depends on the job, but these are good questions to get settled before deciding.
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Postby kcm7 » Tue Apr 29, 2014 8:22 pm

darkguy2 wrote:I have no personal experience with this and no kids but here is my 2 cents.

The secret is the quality of time you spend with you kids when you are there. When you are home do not just sit around and do nothing. Make the most of it and really get to know them and spend time with them. Since you will be making significantly more that means that you guys can go on family outings more.


Co-signed. My dad worked about 60 hours a week my entire childhood and traveled about 50% of the time. But do I look back and mourn for the time he missed? Nope! Because it's about the quality. Sure, he had only about 2 hours with us before bedtime each night, but we spent it doing fun stuff, like playing a board game or chatting about what I was learning in history.

And on weekends, sure, he had to work in the morning, but the rest of the time, he'd spend teaching us how to garden, fix stuff, etc. And we'd go on bike rides and long hikes.

Another thing to keep in mind is whether you'll be able to take vacations. Because we'd take 2 wks every summer to take epic trip, and if that's not quality time, I don't know what is. That's the stuff I remember.

If you think this will help you provide for your family and you're excited about the opportunity, I'd say go for it! My dad was also able to semi-retire at 57 (he works about 25 hours a week now), which is awesome. We still go on bike rides.
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