Should I take the offer?

5 yrs 2K? Think better take that signing. That means 600 up in about 9 mths, then after 1 yr bond u leave and look for 3K, negotiating from a 2.6 standpoint. almost 2 yrs to get 1K increase. If you don't sign this, you probably need to jump twice to get 3K in less than 2 years.

But I think more importantly, the "bond" isn't even really a bond. 1 mth salary if you leave? What about if you give 1 mth notice? That's normal in every perm/contract job what. Don't tell me you have to give 1 mth notice AND salary?

[roshin]

Yes is one month notice and 1 month pay..or 2 month notice period..I talked with my manager and HR last friday and they offered 2.8k as basic and a performance review after 6 months. Also the 2 month notice period reduced to standard
1 month. Finally I signed the offer letter :-)

Thanks for all the replies.

Originally Posted by Unregistered

5 yrs 2K? Think better take that signing. That means 600 up in about 9 mths, then after 1 yr bond u leave and look for 3K, negotiating from a 2.6 standpoint. almost 2 yrs to get 1K increase. If you don't sign this, you probably need to jump twice to get 3K in less than 2 years.

But I think more importantly, the "bond" isn't even really a bond. 1 mth salary if you leave? What about if you give 1 mth notice? That's normal in every perm/contract job what. Don't tell me you have to give 1 mth notice AND salary?

It's not the amount of money that will make you stay, it's the interest. You have to like the job otherwise even if they offer you 3k, it would be meaningless.

Btw, is your company sponsoring your course and the reason for the bond?

amazing.

2K to 2.8K, with even further reduction on your liabilities in the contract, and with explicit mention of performance review 6 mths after. All this because you will officially graduate from UNISIM at that time?

Good job!

Originally Posted by Unregistered

It's not the amount of money that will make you stay, it's the interest. You have to like the job otherwise even if they offer you 3k, it would be meaningless.

Btw, is your company sponsoring your course and the reason for the bond?

Interest is cheap, no $ no talk. Average guy only has 15 years career life till 40 before stagnate, fired, second calling etc. Try to make as much money as you can, interest can come later in life.

Originally Posted by tomyP

Interest is cheap, no $ no talk. Average guy only has 15 years career life till 40 before stagnate, fired, second calling etc. Try to make as much money as you can, interest can come later in life.

I think 1 semicon company here fired more people than the whole banking industry combined in the last decade. Maybe some of these jobless chaps are the ones moaning in this forum.

Originally Posted by Unregistered

I think 1 semicon company here fired more people than the whole banking industry combined in the last decade. Maybe some of these jobless chaps are the ones moaning in this forum.

A lot of people like to say they choose job base on interest and not $, but very coincidence most of these people suck at climbing the corporate ladder and low performer. They get stuck in crap jobs not because of interest, but because nobody want to offer them anything, then try to convince others they are staying for “interest”

Originally Posted by Unregistered

I think 1 semicon company here fired more people than the whole banking industry combined in the last decade. Maybe some of these jobless chaps are the ones moaning in this forum.

Care to share which sillycon compnay is that?

Originally Posted by Unregistered

It's not the amount of money that will make you stay, it's the interest. You have to like the job otherwise even if they offer you 3k, it would be meaningless.

Btw, is your company sponsoring your course and the reason for the bond?

Like a couple of posters have mentioned, valuing interest over pay is short sighted and selfish. Without sounding too harsh, its a fairytale sold as an argument to the naive.

First off, interest is not inherent. It can be developed. You may have a few dream jobs (general manager of a soccer team, pro soccer player etc), and a few jobs you will never do (i.e. grave digger, sewer cleaner etc) but most jobs fall in the grey spectrum and for these u can develop a liking or interest for. You know how in school u can either do well in a subject cos u like it or u can like a subject cos u work hard at it and become good at it. Same thing for a job - interest is not inherent and unchanging.

Second, if u stay in a low paying job cos u enjoy it, and turn down higher paying opportunities cos they do not align with your interest, you are selfish in letting your own agenda deprive your family from a better life. Thats an unacceptably selfish decision.

So why has this argument become so popular? Basically its an argument that HR uses to convince employees to accept their middling circumstances and not move to greener pastures. It's our job as thinking people to expose the argument for what it is, instead of accepting it and parroting it to other people.

Yes.......