Bigger title vs Bigger salary

[prodigydud]

If faced with a choice between a role with a bigger title or bigger salary, which would you choose? why?

[ercchry]

wtf does that even mean? i could call myself anything i wish... but if i dont see the coin from it, who cares?

[Darkane]

Bigger Role.

Potential of more responsibility taken on, AND successfully dealt with will lead to an even higher title/role later on.

Can't get to VP without being a manager first.

Increase in Salary is only temporary.

[HiTempguy1]

Originally posted by prodigydud
If faced with a choice between a role with a bigger title or bigger salary, which would you choose? why?

More money any day of the week. Bigger title usually comes with more responsibility as well without any payoff. :dunno:

[BrknFngrs]

Originally posted by Darkane
Bigger Role.

Potential of more responsibility taken on, AND successfully dealt with will lead to an even higher title/role later on.

Can't get to VP without being a manager first.

Increase in Salary is only temporary.

Exactly this.

I'm personally not someone who cares about title but when it comes time to hire for a more senior role, a lot of people/places want to see a specific title on your resume.

[msommers]

Which ever one suggests I have a 13" shlong.

[Sugarphreak]

...

[prodigydud]

Originally posted by HiTempguy1


More money any day of the week. Bigger title usually comes with more responsibility as well without any payoff. :dunno:

I used to think like that, but nowadays, I'm leaning towards to a bigger title => pays off in the long term.

Having said that, how much of a salary differential would be needed to go for the instant cash grab?

[DeleriousZ]

Bigger role, yes. bigger title? nope don't give a shit what my title is or what letters i have in front of my name. More pay is always nice though.

[A790]

If the title is career-advancing and comes with additional responsibilities/opportunities to develop your skill-set, then do it. Otherwise, mo' money mo'fugga.

[phreezee]

Titles mean nothing. Different companies use different titles and they don't always travel nicely.

[lilmira]

Originally posted by msommers
Which ever one suggests I have a 13" shlong.

Is it frowned upon to literally state it on the business card?

I dunno, I think they both have to match at some point. Give me more money to take on more tasks.

[sputnik]

Take the job that you actually enjoy doing.

That said, I am paid more money than my boss.

[roopi]

Originally posted by Sugarphreak
This country, you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the woman. That's why you gotta make your own moves.

http://media.giphy.com/media/W23m1DZPgxqhy/giphy.gif

[HiTempguy1]

Originally posted by Darkane
Bigger Role.

Potential of more responsibility taken on, AND successfully dealt with will lead to an even higher title/role later on.

Can't get to VP without being a manager first.

Increase in Salary is only temporary.

I think we are looking at it from different viewpoints as one who HAS money versus (relatively speaking) one who does not.

I'm viewing it a bit like I view education; if you go for an eng degree (title), there is no inherent money in it for the first four years (in fact, you'll spend $20k per year after rent and tuition). So lets say that an eng degree (title) costs you $60k per year ($10k tuition and $50k per year lost income). That's $240k lost earning potential.

Same thing with raise vs position. You better be able to substantially increase your paygrade EVENTUALLY for traveling sideways money-wise for a better title/more responsibilities. Otherwise, it's just lost potential income.

And finally, if you are only offered ONE and not the other option, you don't really have a choice (besides quit).

[Xtrema]

Originally posted by sputnik
Take the job that you actually enjoy doing.

That said, I am paid more money than my boss.

Usually when you enjoy it, you are good at it and money will follow.

I am also paid more than my boss or my boss's boss. But they have higher income potential later when/if they progress into *P or C* roles where I'm probably peaked on income potential other than going back to contracting.

Titles like Account Manager or Client Manager are meaningless. Anyone giving blow jobs can have those titles.

[flipstah]

In your case, does the bigger title entail more power?

Titles mean jack shit unless it has power to back it up. Money comes with it haha.

[sputnik]

Originally posted by Xtrema


Usually when you enjoy it, you are good at it and money will follow.

I am also paid more than my boss or my boss's boss. But they have higher income potential later when/if they progress into *P roles where I'm probably peaked on income potential other than going back to contracting.

Titles like Account Manager or Client Manager are meaningless. Anyone giving blow jobs can have those titles.

I would rather stay technical and then consult later on than try and grind out an existence in a middle-management role and lose my technical abilities.

[pheoxs]

Depends on your position in life. If you need the money now (paying down student loans / buying a house / etc) I would be more inclined to take the better pay. If you are sufficient in your life style I would take the title and seek better pay down the road.

Then again, are we talking about two different employers? I can't see getting promoted and not getting additional pay.

I'm assuming you are talking about taking a new job at a different company that has a better title/more responsibility but a little less pay. If so, nope stay where you're at and bank coin.

[ExtraSlow]

I've had a "promotion" that gave me zero extra pay. Took it because it came with an expanded role, more responsibility, and it helped me move my career the way I want it to go. Took 18 months for the raise to show up. I'm still happy with my decision.

Making more money is important, don't get me wrong, but I think you need to look at your career progression. If you are moving forward, and getting the roles you want, the money comes eventually. Searching too hard for the money early in your career is a fools game.

And on the topic of making more than your boss. I had a guy working for me that made 40% more than me. No big deal. Each of us was on a different part of the career curve, and we were paid about right at the time.

[Mitsu3000gt]

More money every time. If they will pay your more for the no increase in responsibility, that is usually a good thing. With high responsibility often comes high stress and long hours, which IMO is not worth even 5X a good salary. I see so many guys putting in 10-12 hour days, tons of stress, etc. I'm sure they get a nice fat pay check but their lives are shit (unless I guess their idea of entertainment is their work and they don't have a family or friends).

Also, different companies categorize titles differently, and your "higher" title may mean nothing to the next company that hires you. There are 17 year olds with "manager" on their resume.

With most jobs in O&G, your experience, ability, and age determine your pay more than title. The exception being designation based pay scales, like accounting, but that has more to do with your schooling than job title.

[D'z Nutz]

Originally posted by msommers
Which ever one suggests I have a 13" shlong.

That also comes with business cards the size of license plates.

[bjstare]

Originally posted by HiTempguy1


.......
I'm viewing it a bit like I view education; if you go for an eng degree (title), there is no inherent money in it for the first four years (in fact, you'll spend $20k per year after rent and tuition). So lets say that an eng degree (title) costs you $60k per year ($10k tuition and $50k per year lost income). That's $240k lost earning potential.
.......

So in this example, are you arguing for or against doing the full eng degree? Because over the course of a career, 240K in lost earning potential is absolutely peanuts. Depending on your potential/motivation/opportunity, that difference can be made up in a year :dunno:

If the bigger role has more opportunity to develop myself, and equally as important, gives me more exposure to higher-ups (networking opportunities), I'll absolutely take the role. The money will follow. Switching purely for money has too high of a potential to be a short-sighted move, IMO.

[Kavy]

I hire hundreds of people a year and I could care less about their Salary. I look at their title/experience within their given department and their term of employment within that position.

I have people under me who with bonuses "can" make more then I do but because of my Title alone i get approached by 5-6 Head Hunters a week with offers from other companies. If it wasn't for the 6 weeks paid vacation I get now I would entertain some of those offers but I'm at a point in my life where that time with my wife and daughter are more important than 20-30k more a year. If I was however interested in the money my title is what makes the money come not my current wage.

My suggestion; if you plan on moving up in your career you take title, if you are where you want to be you take money.

[Hallowed_point]

C.R.E.A.M. end thread

[Feruk]

Originally posted by Kavy
I hire hundreds of people a year and I could care less about their Salary. I look at their title/experience within their given department and their term of employment within that position.

I have people under me who with bonuses "can" make more then I do but because of my Title alone i get approached by 5-6 Head Hunters a week with offers from other companies. If it wasn't for the 6 weeks paid vacation I get now I would entertain some of those offers but I'm at a point in my life where that time with my wife and daughter are more important than 20-30k more a year. If I was however interested in the money my title is what makes the money come not my current wage.

My suggestion; if you plan on moving up in your career you take title, if you are where you want to be you take money.
+1

[HiTempguy1]

Originally posted by cjblair


So in this example, are you arguing for or against doing the full eng degree? Because over the course of a career, 240K in lost earning potential is absolutely peanuts. Depending on your potential/motivation/opportunity, that difference can be made up in a year :dunno:

If the bigger role has more opportunity to develop myself, and equally as important, gives me more exposure to higher-ups (networking opportunities), I'll absolutely take the role. The money will follow. Switching purely for money has too high of a potential to be a short-sighted move, IMO.

I'm not arguing for or against. I'm arguing that you have to make an informed decision is all :dunno: $240k in lost earning potential is NOT peanuts compounded over 30 years. That's close to 1mil at an average return of 5% yearly! That's a lot of money.

Surprisingly enough, not every engineer makes bank for various reasons. I am just using it as an example is all.

[bcylau]

think in terms of leverage,

will the higher paying job give you more leverage for a higher promotion? if so, how soon?

or

will the better titled job get you a raise sooner?

which one will give you the most leverage 1, 2, or 5 years?

Say if the difference is 20k, and it takes you 1 year to get the pay bump then the present value of the difference is about 19k

if its 2 years then its about 38k , so on and so forth.

Also can you ask for a title change or difference responsibilities in the higher paying job.

[Darkane]

Leverage and long term - Agreed.

[Speed_69]

Job titles mean absolutely nothing nowadays especially in business. Example being instead of calling people clerks, admin or assistants, everyone in the damn company is now either an associate, analyst, manager or specialist.

[bart]

would you rather be president of the usa, or bill gates is what you're asking

[firebane]

I've gotten a bigger "title" without the pay and I'll say its not fun.

I think I'd rather the bigger pay than title but the experienc I've gained has been good.