tough decision to make some guidance- salary to commission switch
I have a bit of a tough decision to make and I need some guidance.
I currently make about $75k all in... full benefits, share purchase options, pension plan, etc. Pretty cush job for the most part.
I am about to be offered a position at another business but same industry, but I will essentially be 100% commission. The pay structure for the commission is sweet, and the potential to make lots of money exists. The problem is, I dont know exactly how hard I will need to work to make the same money that I am making now. I will get a salary for 6 months based on 55k annual income, while I get the rhythm of the new gig and there will be a signing bonus but working on it. i dont know all the benefits for the new gig either..
my current position ive maxed out and I cant seem to move up or out of the department. im tired of where i work, have grown resentful of management. i am pretty sure im also being held back by petty management tactics. management is condescending and demeaning.
assuming the benefits and pensions are the same or similar, what would u do?
would u switch to a commission job where the sky truly is the limit?
im confident in my abilities, but there is that lingering unknown... .... what if it doesn't work? what if Im not good enough? what if I fail?
I have ample savings to last me well over 3 years of not working and keeping my lifestyle the same, but it's easy to spend it than to save it... my attitude is failure is not an option... anyway these thoughts are battling out in my head and would like to hear other people that have made a similar switch, what did u do? how did it pan out for you? best idea ever? do u regret it?
couple of things I would add:
commission role, can work from home. will be provided laptop and cell phone.
I currently make about $75k all in... full benefits, share purchase options, pension plan, etc. Pretty cush job for the most part.
I am about to be offered a position at another business but same industry, but I will essentially be 100% commission. The pay structure for the commission is sweet, and the potential to make lots of money exists. The problem is, I dont know exactly how hard I will need to work to make the same money that I am making now. I will get a salary for 6 months based on 55k annual income, while I get the rhythm of the new gig and there will be a signing bonus but working on it. i dont know all the benefits for the new gig either..
my current position ive maxed out and I cant seem to move up or out of the department. im tired of where i work, have grown resentful of management. i am pretty sure im also being held back by petty management tactics. management is condescending and demeaning.
assuming the benefits and pensions are the same or similar, what would u do?
would u switch to a commission job where the sky truly is the limit?
im confident in my abilities, but there is that lingering unknown... .... what if it doesn't work? what if Im not good enough? what if I fail?
I have ample savings to last me well over 3 years of not working and keeping my lifestyle the same, but it's easy to spend it than to save it... my attitude is failure is not an option... anyway these thoughts are battling out in my head and would like to hear other people that have made a similar switch, what did u do? how did it pan out for you? best idea ever? do u regret it?
couple of things I would add:
commission role, can work from home. will be provided laptop and cell phone.
