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Thread Started by #Aarti13

Dear Seniors,
I am working in a Pharma Company in HR, with total 5 years of experience completely in HR.
Due to some politics my boss left the organisation and started his own consultancy firm.
Now he wants me to leave the office and join him (with same CTC + 2% profit).
Please advise if this would be appropriate or not.
13th August 2012 From India, Mumbai
Hi Aarti
It is advisable to stay there in existing organisation instead of being with consulting firm. More over is it recruitment consultancy or what? If so then the experience will not add much value
13th August 2012 From India, Bangalore
Thanks for your valued advise. Yes Mr. Jeevarathnam, it is a recruitment consultancy with a plan to make it a complete HR solution firm in the days to come. Whereas i have experience only with Company's that too into generalist profile.
13th August 2012 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.
13th August 2012 From India, Bangalore

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? Its the Tom Cruise and Renee Zelweger movie. Exactly 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 with regards to your risk appetite - your personal and professional risk appetite.

You don't indicate the size and nature of your current company. If its 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 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, its very tempting to poach competent people from medium to large organisations - for obvious reasons. But, whilst 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 to SME or SMB sectors - particularly for StartUps - which is what your boss' 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 probably consequences (or not).

I hope this helps you. Good Luck!
13th August 2012 From India, Gurgaon
Dear Mr. Gaurav,

I have already taken 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 made my career (yes, I am 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 pharma company whose turnover is 200 Cr. Due to issues in the office there is no job security as well the pay is not as per my expectation. But since my boss has resigned all the responsilbility has been given to me and I am handling the whole HR along with the two reportees which is challenging in itself. Further, looking at my work there will be no recruitment above me as decided by the Management.

As far as financial risk is concern, 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 definetly watch the movie mentioned by you.

13th August 2012 From India, Mumbai
Dear Arti,
You are very welcome!
Remember - you are the only person most qualified to decide for you! 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!
13th August 2012 From India, Gurgaon
Never ever mix your professional commitments and emotions. It will not take you anywhere. People comes to your life with a motive and purpose. You need to take-up your own journey. Work-place is a part of corporate life and a good leader know 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.
13th August 2012 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 internalised them for life. Because, its not everyday that you get to hear your words in a workplace.
She may need to draw upon them in the future sometime ...
13th August 2012 From India, Gurgaon
Dear Mr. Sanjeev,
Thanks for your advise. I actually know the reason for his leaving, it were just few decisions made by him under pressure of his seniors, which led to this story.
Yes, but after all this i have surely learnt that never to mix your professional life with your emotions.
Thanks again
14th August 2012 From India, Mumbai
Don't leave your existing organisation at any cost. Secondly, if you think that there is lot of work load on you and you are not capable to handle that work load or the pay is very less as compared to work load, then try to switch over to another company.
But don't join a consultancy firm. Your career will come to an end in no time if you join a consultancy firm in a young age.
Even you feel that the pay is high in a consultancy firm initially, but at a later stage, your progress stops in no time.
If you are having job experience of about 20 years, then in that case it is advisable to join a consultancy firm.
V V Harish

14th August 2012 From India, Delhi
Totally agree with you Harish - even though I myself run a consulting firm. But, yes - in advising Arti (and any other readers who are following this post) you are absolutely correct! Thank you!
14th August 2012 From India, Gurgaon
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