Career Advice: Should I Transition from Federal to an Internal Tax Role?
I’ve received an offer to become a Senior Tax Lead at a local utility company. Although it involves a pay cut, they mentioned opportunities for growth. The position is hybrid, and the office is just 12 minutes from my home. Given that my current job with the federal government requires a return to the office and is 45 minutes away, I’ve started exploring other options. Should I take the plunge and switch, or should I stay put at my federal job given my years of service? Would love to hear your thoughts!
One response
Making a career decision like this can be challenging, especially when it involves a trade-off between a stable position and an opportunity for growth, despite a pay cut. Here are some factors to consider:
Work-Life Balance: The hybrid model and shorter commute to the utility company could significantly improve your work-life balance. If you value time at home and less stress from commuting, this could be a substantial benefit.
Career Growth: You mentioned that there is room for growth at the utility company. Make sure to inquire about what that growth looks like. Are there clear paths for advancement? Professional development opportunities?
Job Satisfaction: Reflect on your current satisfaction with your role at the Fed versus what you anticipate at the utility company. If you’re feeling burnt out or discontent with your current position, a new environment might be refreshing.
Long-term Goals: Consider how each option aligns with your long-term career goals. Is the utility company’s experience more aligned with where you see yourself in the future?
Financial Considerations: Even though it’s a pay cut, consider the overall benefits package, including health insurance, retirement plans, and any other perks that might offset the reduction in salary. Also, factor in potential savings from a shorter commute.
Job Security and Environment: Evaluate the stability of the utility company compared to your current position. Is the public sector more secure than this new opportunity? What’s the work culture like at the utility company?
It might be helpful to make a pros and cons list to weigh your options more clearly. Talking this over with trusted colleagues or mentors could also provide valuable insights. Ultimately, choose the path that aligns best with your personal and professional values. Good luck!