Hey Everyone,
I've been running around in circles with this one (talking to everyone I know, etc.) and I wanted to throw my situation out there to see if anyone had any consideration that I didn't give thought to yet. Right now, I'm considering leaving a job I'm in for another position and would be interested on y'all's thoughts.
Background: I'm 25. I have no debts, I live modestly with roommates, I have 6k in cash savings, and 3k in an IRA. I have a business administration degree with an emphasis in management. I graduated with a 4.0 from a private school in 2010. Not a top tier school but a good one. Right after school, I got a part time job in a private, up-scale bridal boutique. It was a fill-in thing until I found my "big girl" job. Well, in this position, I figured out that was a killer sales girl and ended up being the top or nearly the top selling individual on the floor. The managers that the owner had previously employed at the store tended to be high school graduates who just happened to be really good at selling. Unfortunately, they lacked the profession and interpersonal skills necessary to really be the "whole package. After one part-time year and a second full time year (at the end of which, I was the assistant manager of the store--meaning that I handled all of the really crappy customer service stuff that the aforementioned manager just couldn't deal with), I ended up being offered a job with a wholesale jewelry company.
First: The position I currently have is with the jewelry company and it's a different sort of job. Basically, I work between 25-29 weeks a year. I am traveling during the entirety of these periods. When I'm not on the road, I'm just off. Responsibility free. I make around the 29k mark (part of my compensation is commission based, so it varies a little). I'm a disciplined spender and put 20% of my income towards savings/investing. So, the obvious plus is that I have a LOT of freedom with this job, and, on average, I make between 20 and 35 dollars an hour.) The downside is that I spend half of my year in a hotel room and the work is very physically demanding (11hr days are not unusual.)
Second: Recently, the owner from the bridal shop came to me and offered me the manager position at her store. As I mentioned, her previous girls have not been "professionals," and they have earned under 30k to manage the store. The owner is used to underpaying girls, because they're sorority part-timers or the like. The owner told me to come to her with number of what I would need to make it worth my time to come manage the store. I did some research on payscale and glassdoor and said I would consider it fully worth my time to leave the other job for 45k (a 16k premium over the 29k I was making for half a year of work.). In saying this, I knew that I would really be happy at the 40k mark, as, at the end of the day, I think my body and heart can only handle one more year at my current job and I'll be over it. The manager came back and offered me 28-30k base, and then offered me 2% of the monthly sales goal and a few other little bonuses that amount to, eh, maybe as much as 4k. Now, the sales goals per month are between the 85k and 110k mark. That gave me a clear path to that 40k+ mark. I was just about to accept the job, but I wrote the owner a quick question to clarify about one of the bonuses and she wrote me back and pretty much rewrote the whole thing. She reduced the monthly bonus to a fixed dollar amount per month (not to exceed $500 a month. Based on the numbers that the store did last year, this bonus would amount to .37% of the monthly sales) I ran the numbers and my MOST optimistic outcome I can come up with is possibly making the 37k mark. The plus to this job is that I have a career path out of the traveling. But it's a lot of weekends, and, maybe I'm just some fluffy princess, but I feel like that's underpaying a manager for a 1.15 million dollar store. And if I am a fluffy princess, tell me. If this is a totally reasonable offer, I want to take it. But something just feels off.
Thoughts?--taking for granted that you haven't fallen asleep or bashed your heard in to the monitor during the novel above.
