ddjembe mutombo
Chubby Chaser
 
Posts: 309
Joined: Feb 2014
Reputation: 6
|
RE: Is there an opportunity cost to keeping the same job?
(09-17-2014 10:20 PM)Vitriol Wrote: I've had a pretty easy office gig for coming up on 3 years now. Lately, I'm beginning to wonder if I'm selling myself short or if it's going to cost me opportunities in the future to keep sitting at a desk and doing the same shit over and over again for years on end.
The job pays pretty well and it's pretty easy, but whenever I have to answer the "what do you do" question I feel like I always have to add the caveat that it's boring as fuck. It's getting to the point that it's bothering me that I have to make excuses for what I do every day.
I am in the same situation. I happen to do my work for a high profile oil company in the logistics department. Have I learned anything regarding logistics from my job? Hell no. It is brain dead work that a middle schooler could do. However, they are paying for my grad degree, and I definitely milk my "seniority" by playing 2 hours of full court basketball during lunch every day of the week.
My thoughts on the situation: Every job in my field (supply chain management) will feel below my intellect. While it may take a couple months to adapt to new roles, I will always hit cruise control after I do adapt. Therefore, chasing higher gigs really doesn't matter to me. Obviously, I want to chase a higher salary after my five year mark. That is mainly because I have a resume that displays "loyalty", and I will be fully vested by then.
I'd advise against being a job hopper. It is a vicious cycle. Those people are never happy because the position they apply for is always sold as more challenging than it actually is. Remember, a paycheck will never remain "enough". If your job is carefree then I recommend that you enjoy that. Just watch all the stressed people walk around like crazy persons and enjoy the fact that your work day is completely over at 5PM.
|
|
| 09-18-2014 12:38 AM |
|
The following 2 users Like ddjembe mutombo's post:2 users Like ddjembe mutombo's post
Brosemite, SpiderKing
|
WestIndianArchie
Innovative Casanova
      
Posts: 7,813
Joined: Oct 2010
Reputation: 343
|
RE: Is there an opportunity cost to keeping the same job?
(09-17-2014 10:20 PM)Vitriol Wrote: I've had a pretty easy office gig for coming up on 3 years now. Lately, I'm beginning to wonder if I'm selling myself short or if it's going to cost me opportunities in the future to keep sitting at a desk and doing the same shit over and over again for years on end.
The job pays pretty well and it's pretty easy, but whenever I have to answer the "what do you do" question I feel like I always have to add the caveat that it's boring as fuck. It's getting to the point that it's bothering me that I have to make excuses for what I do every day.
Yes it is costing you something.
At best your current employer is gonna give you a 2-5% raise.
You'll get more from a new employer who wants someone with experience.
On the employee track, Every 2 years you should be moving to a bigger and better thing.
More importantly, if the economy turns, it's good to know before hand what you're real market value is.
Believe me you can get caught unaware if there is downsizing.
Don't take my word for it
check this link on Forbes
http://www.forbes.com/sites/cameronkeng/...d-50-less/
WIA
|
|
| 09-22-2014 10:51 PM |
|
The following 3 users Like WestIndianArchie's post:3 users Like WestIndianArchie's post
blacknwhitespade, SpiderKing, Vacancier Permanent
|
HungWeiLo
Recovering Beta

Posts: 170
Joined: Feb 2014
Reputation: 4
|
RE: Is there an opportunity cost to keeping the same job?
I'm not quite in the same boat, but similar enough that you guys might be able to offer some advice.
I'm a couple years shy of 30 and have worked for a major aerospace company for almost the last 4 years. Doing well, getting better than average raises, and earning opportunities that Many in the company haven't gotten. I have a security clearance and am going for a higher one, and my company will pay for $25k in grad school costs toward an MBA, which in my field is almost a requirement to advance, let alone secure the six figure salary I want if I'm going to be a wage slave. The kicker is I love the company and opportunity abounds if I stay around (boomer generation is within 3-7 years of retiring en masse) but getting the grad school paid for signs me up for an additional 2 years at the company so after 3 years getting the degree, I have to wait another two before I could leave and not pay the money back. The other option is leave the company and foot the bill on my own (ideally with hefty scholarships since I'm ethnically ambiguous and an admissions officer's demographic wet dream) and have the ability to control my destiny afterwards. I've been tossing around this question for the last 6-12 months while I bang out some certificates the company is paying for, and ill be taking the gmat next spring. But to all the advanced players, in life and in pussy, your well considered advice would be much appreciated.
|
|
| 09-23-2014 10:22 AM |
|
|
tallandblonde
Chubby Chaser
 
Posts: 289
Joined: Aug 2014
Reputation: 2
|
RE: Is there an opportunity cost to keeping the same job?
(09-23-2014 10:22 AM)HungWeiLo Wrote: I'm not quite in the same boat, but similar enough that you guys might be able to offer some advice.
I'm a couple years shy of 30 and have worked for a major aerospace company for almost the last 4 years. Doing well, getting better than average raises, and earning opportunities that Many in the company haven't gotten. I have a security clearance and am going for a higher one, and my company will pay for $25k in grad school costs toward an MBA, which in my field is almost a requirement to advance, let alone secure the six figure salary I want if I'm going to be a wage slave. The kicker is I love the company and opportunity abounds if I stay around (boomer generation is within 3-7 years of retiring en masse) but getting the grad school paid for signs me up for an additional 2 years at the company so after 3 years getting the degree, I have to wait another two before I could leave and not pay the money back. The other option is leave the company and foot the bill on my own (ideally with hefty scholarships since I'm ethnically ambiguous and an admissions officer's demographic wet dream) and have the ability to control my destiny afterwards. I've been tossing around this question for the last 6-12 months while I bang out some certificates the company is paying for, and ill be taking the gmat next spring. But to all the advanced players, in life and in pussy, your well considered advice would be much appreciated.
25k per year or just overall?
|
|
| 09-23-2014 11:28 AM |
|
|
jamaicabound
True Player
    
Posts: 1,618
Joined: Feb 2014
Reputation: 21
|
RE: Is there an opportunity cost to keeping the same job?
(09-23-2014 10:22 AM)HungWeiLo Wrote: I'm not quite in the same boat, but similar enough that you guys might be able to offer some advice.
I'm a couple years shy of 30 and have worked for a major aerospace company for almost the last 4 years. Doing well, getting better than average raises, and earning opportunities that Many in the company haven't gotten. I have a security clearance and am going for a higher one, and my company will pay for $25k in grad school costs toward an MBA, which in my field is almost a requirement to advance, let alone secure the six figure salary I want if I'm going to be a wage slave. The kicker is I love the company and opportunity abounds if I stay around (boomer generation is within 3-7 years of retiring en masse) but getting the grad school paid for signs me up for an additional 2 years at the company so after 3 years getting the degree, I have to wait another two before I could leave and not pay the money back. The other option is leave the company and foot the bill on my own (ideally with hefty scholarships since I'm ethnically ambiguous and an admissions officer's demographic wet dream) and have the ability to control my destiny afterwards. I've been tossing around this question for the last 6-12 months while I bang out some certificates the company is paying for, and ill be taking the gmat next spring. But to all the advanced players, in life and in pussy, your well considered advice would be much appreciated.
I think it wouldn't be bad for you to stay at your current job assuming you like the job and the atmosphere. I think the onlyr eason to really move on or have an attitude that you have to move on is if there's limited opportunity for advancement or raises, or if the only raises your going to get are 2% cost of living wages where as if you hopped companies you could probably get 10% to 12%.
Anyhow, it sounds like you don't mind your gig, they are willing to pay for you to pursue another degree which would probably run you 20k to 30k so you figure yeah your committing to two more years but that degree essentially gives you a salary bump of 10k to 15k a year in the grand scheme of things.
ALso, you mention people will be retiring in mass which could mean big jump up the ladder and assuming you like the gig, decent work life balance I'd stick with the known vs the unknown of a new company, esecpailly considering you havn't hit a ceiling and still have opportunity for advancement and more money and also for self improvement ie a degree which is good with your current company and elsewhere should you choose to leave after 2 years.
|
|
| 09-23-2014 02:00 PM |
|
|
RoastBeefCurtains4Me
True Player
    
Posts: 2,273
Joined: Oct 2014
Reputation: 24
|
RE: Is there an opportunity cost to keeping the same job?
I would say if someone has been in the same position for more than three years, it's either better to get a promotion or lateral transfer within your company, or change employers. Staying in the same position, even if the pay is good, can result in a stagnant career a few years farther down the road. When looking for a new position, I would look at yourself and ask: "Can I walk into any of 100 employers, and have strongly in-demand skills that will make them want to snap me up?"
Make sure you check the job boards and identify skills that are actually being listed in job ads. It's not enough to think you have great aptitude to learn new skills in your field if you take a new job. I think you need to put yourself in a position to get hands on experience with the specific skills listed in current job ads. You may want to come up with excuses to use new technologies or skills sets in your current job, just so you can put them on your resume.
Too many jobs have specialized skills that are in a narrow niche. Sometimes a narrow niche means you have a valuable specialty, but sometimes it means you are in field with weak demand. I would always have an eye towards maximizing the demand for your services, so you can get another job at the drop of a hat. Unless your skills are already this marketable, I would plan your next career transition to broaden your skills strategically.
I'm the tower of power, too sweet to be sour. I'm funky like a monkey. Sky's the limit and space is the place!
-Randy Savage
|
|
| 03-22-2015 03:45 AM |
|
|