I Am 1 Percent

For those who have been following my blog, you know that I’ve been searching for a new job.  My current commute is 1.5 hours.  Although I am able to work from home 2-3 days a week, my chance for advancement is limited if I can’t put in the facetime on a daily basis.  That said, since June of last year, I have been searching for a new job.

Here is how my job search went

• June – interviewed for 1 position at my current company (rejected)
• July – interviewed for 1 position at my current company (rejected)
• August – interviewed for 1 position at my current company (rejected)
• September – interviewed for 1 position at an outside company (rejected)
• September – interviewed for 1 position at an outside company (offered the job, but declined due to total compenstation)
• December – interviewed for 2 positions at an outside company (rejected)
• January – interviewed for 2 positions at an outside company (rejected)
• January – interviewed for 1 position at an outside company (offered the job and I accepted)

Over the last 6 months or so, I have gone on 10 interviews and have been rejected 8 times.  It has been an humbling experience, but I never let the rejections bring me down.  It has been known that Abraham Lincoln ran and lost many state legislature, U.S. congress and vice presidential races before becoming president of the United States.  Believe me, I’m not equating my career to Lincoln’s, but the key takeaway from Lincoln’s career path is that he never quit pursuing his goals and aspirations.  I’ve finally been made an offer that is about 15% better (in total compensation) than what I’m making now.  Here is the offer

Current Company

• Base Salary = six figures
• Bonus = 23% of base
• Restricted Stock Units = 30% of base
• 401k = dollar for dollar match up to 11.25% of total compensation (base + bonus)

New Job (work from home seeing customers in a small geography)

• Base Salary = 18.75% higher
• Bonus = 20% of base
• Restricted Stock Units = $30,000 per year
• 401k = 75 cents for every dollar match up to 9% of total compenstation (base + bonus)
• Company car (includes gas, tolls, insurance, maintenance)
• Home Internet and Phone
• Sign-on that vests in a staggered fashion over 3 years (well into 6 figures)

With a new baby (#3) on the way, this new job will provide me more flexibility with schedules and timing.  I’m waiting for my drug and background screens to clear before I give my notice.  After 9 years at the same company, I am looking forward to a new beginning!

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