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Job Offer Jitters!
Job Offer Jitters!
Paul asks: I accepted a job offer, but after reviewing my financial situation I realize that taking the job will cost me far more than I am comfortable losing. This job requires relocation, and while they are offering a relocation package, there is a two year obligation attached to the money and I don’t want to put myself into a cash hole if I don’t like the job. My current house has almost £195,000 in loans, but the estimated market value is only £165,000. The cost of maintaining two households would overextend the family budget into the red. What’s the “best” way to inform them that I’m not going to show up for work?
In answer:
In background summary: you should have done your calculations first before taking up the offer!
Secondly, what was your answer to the question “will you relocate?” Is the change now just financial?
Thirdly, this is just the jitters! It is honestly normal. After a period of working at another organisation, or unemployment, you start thinking: will this work out? Possibly not: 10% of new hires are not there after 30days.
However, also put this in context of this economy. How long did it take you to get this job (job applications, interviews, offers, etc; as well as time), and as you clearly want a new job, can you wait the same amount of time again?
Rather than thinking about this negatively, act positively. You are in a strong position, so act like you are:
- Accept the point that as they offered you the job, that they want you. They will do everything in their power to make this workout. So, what is that you want?
- Accepting that your trial period may not work out, why sell a home in negative equity until you are out of trial? Go back and ask a clarity question around the trial, if the trial doesn’t work, and you terminate me, where does that leave me? If I terminate you, then I accept I should pay you the money back – but the other way around seems problematic.
- Having thought these issues out, call the operational manager. Tell him about your concerns, and if it would be OK if you commuted on a weekly/fortnightly basis for the first 90days? If not, explain the concern over the trial monies.
The key risk here is the first 90days. If all looks good after that, then move – the odds are on your side. If not, then happily go your separate ways, knowing you took a professional and wholly reasonably risked line to get a job that you wanted.
If I can help further, then please just ask. Good Luck!
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December 11th, 2009 at 3:30 pm
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December 11th, 2009 at 4:42 pm
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