Kindly advise me in taking a decision.
I am working in project lead role for a software company for 6 years
now, I like my job very much and I am paid well according to the
industry standard, but I dont belong to the city where I am working
I got a job offer to work for this other company which is in my
hometown and they have agreed to take me in a manager role (one level
above my current project lead role). They initially started by saying
they cant match my current salary as its high, and after lot of
negotiation they said that the final best they could offer me is to
pay me say 15k fixed base salary + 3.75k variable (25% of fixed.)
when I went to meet them for interview they acknowledged that they did
not get anybody matching my skillset and they would be happy to take
me as this position is open for more than 3/4 months without not able
to getting the right person.
I rejected this offer of theirs and continued with my work. Note what
they offered verbally (15k fixed + 3.75 variable) is definitely higher
than currently what I am earning ie 13.25k fixed base + .55k variable
pay. But as I was expecting some very good hike say 30-35% with my
current employer very soon I could easily reject their offer and I
know its worth paying that much for my skillset.
They called me again for a discussion and agreed to revise that offer
to say 16.8k fixed + 1.68k variable and I thought it would match my
employers expected hike and agreed verbally to join them and they also
agreed verbally to send the offer.
As the commitment was made, I verbally informed my current employer on
quitting and rejected the counter offer made by him ( for the
incentive of going to my hometown back.)
Then came the shocking mail from my prospective new employer that
there was some change in policies and they could not offer me as what
they promised me ie 16.8k fixed + 1.68k variable and had to retract to
what was offered before 15k + 3.75k (which I initially said NO).
Now I am in a fix as I have verbally rejected my current employers
counter-offer and the prospective new employer is expressing to offer
the same 15k+3.75k which I had already said No.
The prospective new employer (the director of the company itself)
called me to explain on why they had to retract ( the reasons he gave
me were little convincing as I think the person of his stature wont be
lying.) but he also expressed that they cannot make any changes and
now its left to me to accept or reject it, when I explained him that I
am in a fix as I have informed and rejected the counter offer by my
current employer he apologized and said could make an amend by
agreeing for accepting the complete relocation expenses to move (ie to
my home town where my new office would be.)
When I think about the foll. terms.
a) Work - is going to be same as my current employer so nothing to
worry on that front
b) location - it would be great in my new employers location as its my hometown
c) boss - I would be reporting to the director himself and I think I like him
d) salary - its little more than my current employer but might not be
equivalent in near future. Also I had to accept what I initially said
No. But relocation expenses will be offered.
The only thing it hurts is, now I am in a fix to accept the offer
which I said NO as I dont think its good to continue wtih my current
employer after informing and rejecting counter-offer etc.
a) Whether I should forget the hurt and join the new company ?
b) continue wtih my current employer ?
c) Or what would be the best thing to do in this situation ?