Dear Seniors,
I am working in a Pharma Company in HR, with a total of 5 years of experience completely in HR. Due to some politics, my boss left the organization and started his own consultancy firm. Now he wants me to leave the office and join him (with the same CTC + 2% profit). Please advise if this would be appropriate or not.
Regards,
Aarti
From India, Mumbai
I am working in a Pharma Company in HR, with a total of 5 years of experience completely in HR. Due to some politics, my boss left the organization and started his own consultancy firm. Now he wants me to leave the office and join him (with the same CTC + 2% profit). Please advise if this would be appropriate or not.
Regards,
Aarti
From India, Mumbai
Hi Aarti,
It is advisable to stay in your existing organization instead of working with a consulting firm. Moreover, is it a recruitment consultancy or something else? If so, then the experience may not add much value.
From India, Bangalore
728It is advisable to stay in your existing organization instead of working with a consulting firm. Moreover, is it a recruitment consultancy or something else? If so, then the experience may not add much value.
From India, Bangalore
Thank you for your valuable advice. Yes, Mr. Jeevarathnam, it is a recruitment consultancy with a plan to transform into a complete HR solution firm in the future. However, my experience lies only with companies, and that too in a generalist profile.
From India, Mumbai
From India, Mumbai
In that case my suggestion is advisable to be as generalist. Once again you are the better judge for your career. You shall even await for others opinions too.
From India, Bangalore
From India, Bangalore
Arti,
Your conundrum is the product of your competence. Obviously, you are good at what you do - else you wouldn't be invited to join your boss in his new whirlwind adventure.
Have you seen Jerry Maguire? It's the Tom Cruise and Renee Zellweger movie. Exactly the same situation as yours! If you haven't, I strongly urge you to watch it. At least the first 45 minutes - minus the romance bits, that is!
Arti, whether you do or you don't join your boss in his new venture actually depends on a number of factors - some more important than others.
Some important factors that you must consider include:
1. Your age and your financial security
2. Your financial commitments (mortgage EMIs, credit card debt levels, etc.)
3. Your family and social commitments (kids, partners, parents, siblings, etc.)
But, above all - you need to take a long and hard look at yourself - by which I mean your career aspirations and professional goals.
And, along with the above, you also need to be brutally honest with yourself regarding your risk appetite - your personal and professional risk appetite.
You don't indicate the size and nature of your current company. If it's a large enough company that gives you a decent sense of job security with an equally decent career enhancement opportunity, and if you don't have a high-risk appetite, my suggestion is to stay put where you are.
Conversely, if your risk appetite is high coupled with your sense of adventure with minimal or no financial, social, and other commitments, then it is something worth considering.
I also run a small business. And, it's very tempting to poach competent people from medium to large organizations - for obvious reasons. But, while it may seem great for a Personal Assistant to carry a new title of 'Executive Assistant to the Managing Partner', the dynamics of and opportunities in medium to large businesses are totally different from SME or SMB sectors - particularly for StartUps - which is what your boss's business is.
Look, I can go on and on. I am sure you get the gist here.
I would hate to see a fledgling career destroyed with a youthfully impulsive decision with scant regard to its probable consequences (or not).
I hope this helps you. Good Luck!
From India, Gurgaon
Your conundrum is the product of your competence. Obviously, you are good at what you do - else you wouldn't be invited to join your boss in his new whirlwind adventure.
Have you seen Jerry Maguire? It's the Tom Cruise and Renee Zellweger movie. Exactly the same situation as yours! If you haven't, I strongly urge you to watch it. At least the first 45 minutes - minus the romance bits, that is!
Arti, whether you do or you don't join your boss in his new venture actually depends on a number of factors - some more important than others.
Some important factors that you must consider include:
1. Your age and your financial security
2. Your financial commitments (mortgage EMIs, credit card debt levels, etc.)
3. Your family and social commitments (kids, partners, parents, siblings, etc.)
But, above all - you need to take a long and hard look at yourself - by which I mean your career aspirations and professional goals.
And, along with the above, you also need to be brutally honest with yourself regarding your risk appetite - your personal and professional risk appetite.
You don't indicate the size and nature of your current company. If it's a large enough company that gives you a decent sense of job security with an equally decent career enhancement opportunity, and if you don't have a high-risk appetite, my suggestion is to stay put where you are.
Conversely, if your risk appetite is high coupled with your sense of adventure with minimal or no financial, social, and other commitments, then it is something worth considering.
I also run a small business. And, it's very tempting to poach competent people from medium to large organizations - for obvious reasons. But, while it may seem great for a Personal Assistant to carry a new title of 'Executive Assistant to the Managing Partner', the dynamics of and opportunities in medium to large businesses are totally different from SME or SMB sectors - particularly for StartUps - which is what your boss's business is.
Look, I can go on and on. I am sure you get the gist here.
I would hate to see a fledgling career destroyed with a youthfully impulsive decision with scant regard to its probable consequences (or not).
I hope this helps you. Good Luck!
From India, Gurgaon
Dear Mr. Gaurav,
I have already made my decision since I know my competence level, but there was this conundrum since I am in a very good professional term with my boss, and he has shaped my career (yes, I am a bit too emotional). So, somewhere, I thought if I should repay him with this, but of course, I don't have a high-risk appetite.
Anyways, thank you for such a wonderful reply. Actually, I am working with a pharma company whose turnover is 200 Cr. Due to issues in the office, there is no job security, and the pay is not as per my expectations. But since my boss has resigned, all the responsibilities have been given to me, and I am handling the whole HR along with the two reportees, which is challenging in itself. Furthermore, looking at my work, there will be no recruitment above me as decided by the management.
As far as financial risk is concerned, since I am single and stay with my parents, there is no financial commitment as such.
However, I got your point and yes, I will definitely watch the movie mentioned by you.
Thanks.
From India, Mumbai
I have already made my decision since I know my competence level, but there was this conundrum since I am in a very good professional term with my boss, and he has shaped my career (yes, I am a bit too emotional). So, somewhere, I thought if I should repay him with this, but of course, I don't have a high-risk appetite.
Anyways, thank you for such a wonderful reply. Actually, I am working with a pharma company whose turnover is 200 Cr. Due to issues in the office, there is no job security, and the pay is not as per my expectations. But since my boss has resigned, all the responsibilities have been given to me, and I am handling the whole HR along with the two reportees, which is challenging in itself. Furthermore, looking at my work, there will be no recruitment above me as decided by the management.
As far as financial risk is concerned, since I am single and stay with my parents, there is no financial commitment as such.
However, I got your point and yes, I will definitely watch the movie mentioned by you.
Thanks.
From India, Mumbai
Dear Arti,
You are very welcome! Remember, you are the only person most qualified to decide for yourself! The rest of us can merely point you towards some considerations, etc. I am sure that your decision will start a new chapter in your life.
All the very best, and have fun!
From India, Gurgaon
You are very welcome! Remember, you are the only person most qualified to decide for yourself! The rest of us can merely point you towards some considerations, etc. I am sure that your decision will start a new chapter in your life.
All the very best, and have fun!
From India, Gurgaon
Never mix your professional commitments and emotions. It will not take you anywhere. People come into your life with a motive and purpose. You need to embark on your own journey. The workplace is a part of corporate life, and a good leader knows how to manage it rather than getting trapped in it. I doubt if you even know the real reasons involved in the termination of your boss.
From India, Mumbai
From India, Mumbai
Dear Sanjeev,
You make a couple of excellent and critical points - and I am in 100% agreement with you! The unfortunate and brutal truth about your points is that it can take some people many years to even accept the existence of your points, let alone the truth and wisdom they contain. I know that Arti has taken her decision. But, I really hope that she's read your comments and internalized them for life. Because, it's not every day that you get to hear your words in a workplace. She may need to draw upon them in the future sometime ...
From India, Gurgaon
You make a couple of excellent and critical points - and I am in 100% agreement with you! The unfortunate and brutal truth about your points is that it can take some people many years to even accept the existence of your points, let alone the truth and wisdom they contain. I know that Arti has taken her decision. But, I really hope that she's read your comments and internalized them for life. Because, it's not every day that you get to hear your words in a workplace. She may need to draw upon them in the future sometime ...
From India, Gurgaon
Dear Mr. Sanjeev,
Thanks for your advice. I actually know the reason for his leaving; it was just a few decisions made by him under pressure from his seniors, which led to this story. Yes, but after all this, I have surely learned never to mix your professional life with your emotions.
Thanks again
From India, Mumbai
Thanks for your advice. I actually know the reason for his leaving; it was just a few decisions made by him under pressure from his seniors, which led to this story. Yes, but after all this, I have surely learned never to mix your professional life with your emotions.
Thanks again
From India, Mumbai
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