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05 Apr 2020, 12:41
Kudos
Bookmarks
Finally; got 2 offers
- one from tobacco (think of Philip Morris, British American Tobacco) - Supply Planning Executive with 10% pay rise
2nd from small media/marketing company and now they are expanding towards Data Science Marketing Solutions - Data Science Project Manager with 45% pay rise
I am so afraid of making wrong choice, that 45% pay rise looks very attractive and interesting title as Data Science Project Manager
Goal: to break into MBB, FAANG or strategy positions in huge companies
What do you think will be better choice?
- one from tobacco (think of Philip Morris, British American Tobacco) - Supply Planning Executive with 10% pay rise
2nd from small media/marketing company and now they are expanding towards Data Science Marketing Solutions - Data Science Project Manager with 45% pay rise
I am so afraid of making wrong choice, that 45% pay rise looks very attractive and interesting title as Data Science Project Manager
Goal: to break into MBB, FAANG or strategy positions in huge companies
What do you think will be better choice?
05 Apr 2020, 16:26
Kudos
Bookmarks
Congrats on your options!
Is the Tobacco company well known? Can it immediately be recognized in the US or Europe or wherever you may be recruiting next? If not, then I would not consider it a good move per se unless there is something greater to it. Also a Tobacco company sounds a bit daunting and a bit of a niche industry that gets a lot of flack. You don't want that rubbing off onto you.
The average lifespan of a startup is not long, esp in this kind of environment but sometimes these are amazing options and opportunities - imagine joining Microsoft or Tesla when they were just starting out. The salary bump sounds amazing. My suggestion would be to negotiate a provision for a 6-12 months severance should you be laid off (if that's within your power). Obviously if they go bankrupt they can't pay you but if they are still alive and just laying off staff, you will either have the job or a severance. You can justify it as "I am leaving a very stable and strong job but if you lay me off in the next 3 years, I would not be able to go back to my employer and would be struggling; is there a possibility that for the next 3 years you give me some protection to help provide for my family " not sure how it will play out but you are not asking for money, not yet at least
souvik101990
Is the Tobacco company well known? Can it immediately be recognized in the US or Europe or wherever you may be recruiting next? If not, then I would not consider it a good move per se unless there is something greater to it. Also a Tobacco company sounds a bit daunting and a bit of a niche industry that gets a lot of flack. You don't want that rubbing off onto you.
The average lifespan of a startup is not long, esp in this kind of environment but sometimes these are amazing options and opportunities - imagine joining Microsoft or Tesla when they were just starting out. The salary bump sounds amazing. My suggestion would be to negotiate a provision for a 6-12 months severance should you be laid off (if that's within your power). Obviously if they go bankrupt they can't pay you but if they are still alive and just laying off staff, you will either have the job or a severance. You can justify it as "I am leaving a very stable and strong job but if you lay me off in the next 3 years, I would not be able to go back to my employer and would be struggling; is there a possibility that for the next 3 years you give me some protection to help provide for my family " not sure how it will play out but you are not asking for money, not yet at least
souvik101990
05 Apr 2020, 20:38
Kudos
Bookmarks
BAT is a major player in the tobacco business and holds a good chunk of shares in the Indian tobacco and fmcg company ITC and even made an hostile takeover attempt.
If the startup is promising and is backed by good investors and vc's, it's worth joining them. In the current scenario its about keeping the funding afloat and making it work. Else, BAT can make a good choice. It's a strong player in the global market.
Posted from my mobile device
If the startup is promising and is backed by good investors and vc's, it's worth joining them. In the current scenario its about keeping the funding afloat and making it work. Else, BAT can make a good choice. It's a strong player in the global market.
Posted from my mobile device
