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Anonymous
Hello all!
I have been in my current workplace for 3+ years and I have been considering to switch career for growth and salary increment. My current company is undergoing a merger. And I have been handed a new project to handle. However, I have a job offer on hand that offers a higher salary and with a broader job scope. Should I make the jump or should i stay to see what the M&A can offer (and have the M&A experience as well)?
Other than the below market wage, the environment and team at my current place is good.
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After Merger, i think likely will start to retrench to save cost.
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Go for the higher salary.
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Make the jump since there is opportunity ahead! Yearly increment is quite difficult to get higher salary~
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Below market wage for 3+ years is not so healthy...
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For the M&A, your career prospects will depend on whether your company is the acquirer or acquiree. If it's the latter, unless your work performance is outstanding, otherwise, current supervisor(s) may not have much say in your career progression.
Usually though not immediately, an organisation re-structuring will take place whereby the acquirer starts promoting their own staff to head many of the merged divisions/departments. Next, one could see fellow colleagues one by one being "washed overboard" (starting with those deemed high-pay staff). This may sound absurd but that's how businesses streamline to stay afloat. In the M&A, the acquirer is only interested in the assets that the acquiree has to offer.
Anyway, the eventual decision lies with you... goes with your heart/head.