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Should I take this $140k job?

Mr Turtle · 2021-12-19T05:07:50-05:00

To start, I’m 34 with 3 kids under 3 and a wife who makes $123k a year. I currently make $85k as a manager and am underpaid by about $30-$35k compared to my peers. The job I’m doing now was a bad decision because of the pay, but due to the experience gained it may have been a smart call. I have approached my directors and made my case for more money. They have said they can do over $100k, I’m guessing probably $105k, if I were a betting man. They also said they could be at $120k in one year but I have to move south (I’m in Midwest right now). Right now, our life is very difficult due to the young kids and we want to go down to a single income to help stabilize the house and allow me to go “all in” on my career with a goal to advance to much higher paying positions. 100-105 won’t due it for me, but we could make it work on $120k. Me staying home is not an option because that’s not my wheelhouse and my wife would end up working and taking care of the house! In the second week in November, I applied to about 20 positions at different companies to see what I could get. I have an MBA from an unknown school, but some companies have taken a close look at me due to my experience and resume. Well actually, just ONE company. They have a location in the southeastern US will pay me $140k to manage for them but it doesn’t start until July. Option 1, stay at current job for potential $120k: This requires moving south and won’t happen until late 2022. It is also not guaranteed, but the opportunity is there. At the moment I have mastered the job at my current company, and can advance. However, in my department here, I will most likely max out around 160k in 5 years. They gave me a low paying job a year ago as a test. Now when my performance has come through I can feel them scrambling to help me, but nothing has materialized yet and probably won’t until review time in a couple months. Travel is 50% so that also factors as a negative here, although I feel the company has not updated their travel policy and with Zoom it’s more like 25-30%. Days when working are about 10-11 hours with every weekend off. Option 2: $140k This job is in a different industry and the only thing I will know how to do is really just manage my team. There is a high turnover rate in the position compared to my current job. I believe this job will require 12-13 hour days, but you are rewarded with long weekends and no travel. Within 5 years, if I am able to transfer my results from my old company, I could advance and be making 180-200k. The job starts in July and is located in southeastern US. Feel free to ask more questions. I’m hoping there are some individuals here who have been down this road (going to one income, different types of jobs, moving, with small kids and family) and can give me advice. The wife and I are leaning toward leaving, but our family members think we are crazy. I want to see what anonymous posters think.

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Member since 01/22/2013.
1,634 posts. Last post 4 days ago.

4 years ago 12/21/2021 6:59am EST
re: Mr Turtle

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Your philosophy about life of holding you back. Grinding away that much work is not the key. 80 hrs a week to make under 80k? No. Just, no.
You also should be able to make over 80k without the mba
You're doing something wrong. Smarter not harder.

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Should I take this $140k job?

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