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Personal Finance (Not Investing) • Career advice - potential job change

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Hello, I have a fairly significant career decision to make and I thought I would throw the scenario out there to see what others think.

Background: I work in higher education at a large R1 University. I am at Director level. I am well known and (from what I can tell) well respected within the university. I serve on many institution-wide committee's etc. I have been in the is position for a little over two years, at the university for 17. My former division is recruiting me fairly hard. The offer is very, very good, roughly 25% more than I make today. I would be walking into a mess, but absolutely something I am confident I can do and would have full support of senior level management and quite a bit of autonomy.

But...I like my current role, the work/life balance it affords, and as a family we are doing just fine. We live comfortably while fully funding our kids college and our retirement. The increase though, while probably not exactly life-changing, would really accelerate some things we are saving for and just in general make finances 'easy'. We have some stretch goals for retirement as well that this could really make a reality.

My biggest concern is the work/life balance. I have a good idea of what I would be walking into and while the recruiter says he is all about work/life balance, weekends are for families, etc, I know from past experience the early in-person meetings, weekend crunches, and so on that Senior Management in that area have held.

My initial thought would be that I should present this to my current supervisor, but if they were not interested in some kind of retention package, then it would be hard to stay given what I would have just disclosed to them. I would be surprised if they did not try to retain me given my past two performance reviews, but it is a risk.

I am curious what others in this situation have done. I just want to make sure I am considering everything.

Thanks.

Statistics: Posted by PrestonSea — Thu Aug 01, 2024 3:07 pm — Replies 2 — Views 417



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