Question from the community: I need some serious advice. Should I quit my current job to join my dream job but pay up 3 months salary as liquidated damages or stay put?

I am currently having on the job training for about one month. It’s my first job after grad and very relevant to what I studied. Just now another company which I really wanted to work for has reached out to me and wants to offer me a job with a 25% higher salary. It is in a different industry and was my first choice when I was applying for jobs. I want to join them but I have a problem.

My current company has a minimum commitment of 6 months and if I leave earlier, I have to pay 3 month’s salary as liquidated damages for the training and recruitment cost they incurred.

The company that offer me the new job cannot wait so long as they too have a structured program for newbies and they only allow me 1 month+ max for me to join them.

I am really stuck. Paying the 3 months penalty is painful and if I leave like this, I will not be able to return to this industry if the new job doesn’t work out. It’s a pretty niche area and people do know one another. On the other hand, the dream job is one I had always wanted and if I reject this time, I probably won’t have a chance in future given the stuff competition and potentially future recession. Should I leave or stay?

Discussion (16)

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5d ago

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Silverspire

24 Oct 2024

I would pay the 3 months and go but do check around to make sure you know what you're getting into!

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05 Jul 2024

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21 Dec 2023

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