Quote:
Originally Posted by LeGozt
Hi all,
I'm looking for opinions on my current situation.
I'm 32 this year with 5.5 years of working experience.
My current role is a quality engineer in a medical device MNC manufacturing pacemakers, and my current monthly salary is S$4,400 with 15% VB and 1 month AWS.
I got a job offer from a competitor MNC for a senior quality engineer role, and the monthly salary is S$6,750 with 2 month bonus and 1 month AWS. The $ increase in salary is around 50% which I understand is relatively large, however the caveat is that this is a 3 year contract position. Pretty unusual from my understanding to have a contract this long, as most contracts are 6 months to 1 year, but nonetheless it is still a contract position with no guarantee that it will be extended.
What do you all think?
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I say go for it. Given your experience and demand from the competitor, I believe you'll do a good job. Even if you stay in your current role for "job stability", things may change very quickly given today's environment, e.g. retrenchment if the company isn't doing well.