TL;DR at the bottom. I also posted this in an industry-specific sub but want as many opinions as possible
Background: I've been working at a chemical plant as an engineer for 3.5 years since finishing school. I have been searching for a job for the past year for multiple reasons. For one, I feel limited in my current role; there is no technical progression plan, process engineers are not well respected by management, and my hours have steadily increased each year. Additionally, I am in a long-distance relationship and I’d like to be living much closer to my S/O. After 6 site interviews at various companies, I have finally been offered a job, but I'm not quite sure how to feel about it.
The Pro's: - I will be able to live in the same city as my significant other and split costs of living. At $500/mo saved on rent, this is equivalent to a $7.7k raise each (assumed ~22% avg tax rate) - The potential new employer has a technical ladder for people who are less interested in the typical management route, like me - The site I'd be working at appears to have a better culture around PMs. The hiring manager indicated that upper management is not scrimping on/delaying routine maintenance, a constant challenge at my current plant - Potentially, I’d be working 5-10 less hours per week during normal circumstances - Very good 401k match - Modest bonus target
The Con’s: - Even though I’ll be living with my S/O, my commute will increase from 20 minutes each way to ~1 hour each way - The offered starting pay is nearly $10k less than my current salary. Based on market research, I also believe it is well below my expected worth in the area. - 2 weeks paid vacation + 5 days of flex PTO (no sick time), and a third week of vacation once I accrue 60 months of service. The offer letter includes only 18 months of equivalent service at the new company, meaning I will get my 3rd week of vacation after 7 years in the industry while the industry standard is 3 weeks of vacation after 5 years of service. - I’ll be giving up 401k matched contributions from my current employer, as the contributions are not fully vested - The interview process consisted of a single 1-hour site interview, with no prior phone screen. This seemed a little light compared to the other companies I’ve interviewed with and almost makes me wonder if they are rushing through the hiring process…
The unknowns: - Work schedule – not sure if it is 9/80 or traditional 5/8 - Whether relocation assistance is offered - Process complexity/how challenging the chemistry is
Overall, I’m grateful to finally have a job offer in hand but I’m struggling to feel good about what I feel is a low-ball offer. I’m going to negotiate, but feel like I may be asking for too much of an increase above the first offer to get what I feel I am worth. I also am concerned that if I am low-balled now, I will continue to be undervalued by the company in the long run. I know my S/O is frustrated with my reservations about the offer but accepting an offer 10-20k below what I believe I am worth adds up to hundreds of thousands in the long run. Has anyone else been in a situation like this before? Any sage advice would be greatly appreciated.
TL;DR: I finally have a job offer after about a year of searching but feel I am being lowballed and don’t know what to do.
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