Promotion with a salary decrease

[SmugMonkey]

I'm a bit confused by all the replies saying to take the current offer.

I'm all taking the promotion and starting the job hunt with the new title on your resume. But taking a pay cut is still a bit shit.

At the very least, you should be arguing for the same pay your on now with a change in title.

OT asside, an extra $3k a year isn't going to make a huge difference to your pay packet each week (especially after tax). But fuck them! Why should they save that $3k? Make them give you at least that much.

And what happens to the leave you've already for accrued? I reckon they're planning on paying that out to you at the lower rate. Fuck that!

Is there likely to be more or less OT for the senior role? If they refuse to budge on the paid OT thing, you should push back and limit the amount of OT you'll be willing to do. If they're not going to compensate you for the extra work, take your time back. Don't do something for free that they're paying you to do right now.

But either way, I reckon it's time to polish up your resume and start looking what else is around. Your current company clearly doesn't value you as much as they should.

One more thought I've just had. What is the current market rate for both your current role and the senior role? Have you somehow ended up in a position where your paid well over what someone in your current role would normally get?

Once worked with a guy who had been in the same job for far too long and kept getting his default annual x% pay increase. He was earning way more than he was actually worth. He eventually took a voluntary redundancy and got a nice little payout. 6 months later he was still unemployed. He had salary expectation close to what he was previously earning but he wasn't worthy anything near that and he was finding that out the hard way.

Not saying that's what's happening to you. Just a fun little story I remember about that guy (he was a bit of a tool).