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Asking for job advice. Very big decision to make very soon just out of school.

post #1 of 11
6/25/10 at 12:30pm
Thread Starter 
Thanks all.
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post #2 of 11
6/25/10 at 12:41pm
Quote:
Originally Posted by Steeze View Post
I'm young, just out of college at a top University. I took a job at a political consultancy that will last only until the November election. It is a small firm that has a very big client list. I signed on in April and made a verbal commitment to stay until the election. It is decent money and an excellent networking opportunity ($3600/mo + health) . The company is very connected. That said, the firm hires seasonally for the election cycle and there would not be a job for me after November. I am not sure I want to work in politics. I care about my boss and my relationship with him.

The past 3 Summers I have worked for a start up educational company (Company A) that recently got bought out by a larger company (Company B) based across the country. I worked in a managerial capacity overseeing 15 college age employees. (The company has a very unique business model). My boss, the founder of Company A, will be moving to head up another division within Company B. Company A will remain as a division of Company B permanently. The CEOs of the purchasing company asked him to select his successor to head up Company A for next year and he picked me. They want me to move to the West Coast immediately and quit my job. They are offering significantly more money (around 80 k + full benefits and equity incentives). Essentially this is a once in a lifetime opportunity to get on a managerial track at a company that just received 20mm in VC and may eventually go public.

How should I frame this conversation with my current boss? I essentially need to quit as soon as possible. I don't want to go out irresponsibly and leave them high and dry. As I said I value my relationship with him. Also, I need to move to the West Coast ASAP (like within 2 weeks). I am responsible for a lease through August. How much relocation money should I ask for? I have asked to sign a contract as soon as possible because I do not want to start the conversation with my current employer until then.

Just say something thoughtful, considerate and meaningful like, "Peace out!"
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post #3 of 11
6/25/10 at 12:55pm
I don't think anyone here can really help you. This is so personal. Sounds like your boss is a mentor, so bidding farewell is going to be tough.
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post #4 of 11
6/25/10 at 12:58pm
Quote:
Originally Posted by Hombre Secreto View Post
I don't think anyone here can really help you. This is so personal. Sounds like your boss is a mentor, so bidding farewell is going to be tough.

But he should not hold you back from a great opportunity! He will prob encourage you to bounce!
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post #5 of 11
6/25/10 at 1:29pm
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post #6 of 11
6/25/10 at 1:38pm
Having worked on campaigns, people bounce all the time. Just go up to your boss and explain the situation. Some advance notice that you are thinking about would be great
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post #7 of 11
6/25/10 at 1:41pm
A good manager and mentor will certainly understand an opportunity like this and encourage you to move on in your career, whether it is following him or moving into something different. Just be sure to provide ample notice.
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post #8 of 11
6/25/10 at 1:44pm
Be honest, no one with any dignity would try and stop you leaving for an opportunity like that. If he does, then you owe him nothing. 99.99% of bosses would say "Thats amazing for you. Obviously I'd love you to stay but its your future and your decision"
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post #9 of 11
6/25/10 at 1:52pm
You've explained it well enough here to be able to convey it in a way to your current boss that should elicit his encouragement for you to move on. Where are you currently located?
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post #10 of 11
6/25/10 at 2:05pm
Yes, explain your situation. Your boss should perfectly understand your taking the new opporunity (especially as the current one is seasonal).
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post #11 of 11
6/25/10 at 2:11pm
Enough people have commented on how to handle the boss. For relocation:

- Paid trip for you to find a place to live (unless temporary corporate housing is offered)
- They should pay for the moving company (everything)
- A lump sum for misc expenses (e.g. $5-10k assuming that would be enough to cover your broken lease and leave $3k or more left. adjust as necessary)

provide your landlord with a notice of your intent to leave. the landlord is obligated to mitigate your damages by using a good faith effort to find a new tenant. depending on the terms of your lease, you may be liable for reasonable expenses the landlord takes on to fill the place.

sounds like a great opportunity - congratulations and best of luck.
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