I need to make a career/job decision and being early(ish) in my career would like some feedback and advise. I live in Ontario.
Context: I have 5yrs of experience. Been working at my current company for 3yrs. A competitor recently gave me an offer paying 30% more than what I currently make, to which my company has countered. The details for both are below.
Which would you choose? Appreciate any advise & considerations. Thanks!!
Current company's counter
New company
Role/position
Level 2/4
Level 3/4
WFH (days/wk)
5
3, drive E/W approx. 30 mins
PTO (non-negotiable)
15
15
RRSP match
3%
3.5%
Company stock match
2%
no stock
Next compensation review
Jan'24
Jul'24
Base salary
$96k
$106k
1time bonus
$3k
Depending on performance
1time stock bonus (vested OEY)
$5k
Total 2023 compensation
$104k
$106k
Goal #1-Career growth
Slow growth, not learning anymore
Mid-high growth, high learning curve
Goal #2-Buy house in 2023
Eligible to apply now
Unsure if affects mortgage approval, probation is 4mth
*for the house, have enough down payment, mortg. payments will hurt but be manageable.
Context: I have 5yrs of experience. Been working at my current company for 3yrs. A competitor recently gave me an offer paying 30% more than what I currently make, to which my company has countered. The details for both are below.
Which would you choose? Appreciate any advise & considerations. Thanks!!
Current company's counter
New company
Role/position
Level 2/4
Level 3/4
WFH (days/wk)
5
3, drive E/W approx. 30 mins
PTO (non-negotiable)
15
15
RRSP match
3%
3.5%
Company stock match
2%
no stock
Next compensation review
Jan'24
Jul'24
Base salary
$96k
$106k
1time bonus
$3k
Depending on performance
1time stock bonus (vested OEY)
$5k
Total 2023 compensation
$104k
$106k
Goal #1-Career growth
Slow growth, not learning anymore
Mid-high growth, high learning curve
Goal #2-Buy house in 2023
Eligible to apply now
Unsure if affects mortgage approval, probation is 4mth
*for the house, have enough down payment, mortg. payments will hurt but be manageable.