I'm currently weighing a decision about whether to leave my job as a Senior Accountant at a single-owner private company for a new opportunity at a public company. My current role has been stable, with the company being profitable for the last five years and experiencing revenue growth of about 10-25% annually. I earn $90k, have a 3% RRSP match, and get two weeks of vacation, but there are no bonuses. I also have a one-hour commute each way, which is quite taxing. The new position offers a base salary of $97k, a potential 10% annual bonus, and three weeks of vacation, plus ten sick days. The commute would be shorter at about 30 minutes, and it allows for a hybrid work model after three months. However, the new company operates in a cyclical industry and has only been profitable in three of the last six years, with a history of layoffs, which raises concerns about its stability. While the benefits of the new job are appealing, including a higher salary and more time off, I'm worried about leaving a stable environment for one that seems more uncertain. I'm looking for advice on whether the potential benefits outweigh the risks and if transitioning from a stable private company to a larger public one is generally seen as a good move for an accountant.
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