Okay so I am probably going to be hired for this new job... Had my third interview/drug test/criminal background check yesterday.

Pros:
7000 increase in pay.
Raise every 6 months (for 18 months) depending on how well you're doing = how much the raise will be.
Only 18 months of training and then you become a manager of your own branch because 50 new branches are opened a year.
Good benefits.
Good company. --> It

Quote :

"provides loans, retail financing and other credit related products to more than two million families in 45 states, Puerto Rico and the U.S. Virgin Islands."

Founded in 1920.

Cons:
If I was hired to start in May, I would only get 2 vacation days 2 personal days and a week of sick for the rest of the year.
2007: One week of vacation, 4 personal days, week of sick.
2008: Two weeks of vacation, 4 personal days, one week of sick.
2009: Three weeks of vacation, 4 personal days, one week of sick.
Then it's like 10 years till you get a month of vacation, 4 personal days, one week of sick.
Also, not as many holidays (none of the semi-holidays). Just the very basic.
Off Exit 270
For the position I'm getting hired for... Financial Representative (management training) -- 48 percent turnover (they say that you either hate the job or you love it). But when you become a manager... 15 percent turnover.

This is only my second job interest after college... I have been w/ my current job since July 11th 2005 but I need to leave here because I only worked here because I had no experience out of college. My boss has even said she didn't think I would be here long.

What does TWW think?

4/20/2006 10:18:14 AM

first of all those are good amounts of vacations

for most companies you get like 10 vacation days per year (some give 12-15) for the first 3-5 yrs...then you get maybe up to 18 days...and maybe after 10-15 yrs you get 20-22 days


Right now I have been working for 2 years and get 10 days per year, 7 fixed holidays, and 2 floaters...with no sick/personal days


stop your bitching

sounds like it's worth a shot, but you won't know till you try

4/20/2006 10:30:51 AM

Those arent cons

4/20/2006 10:35:13 AM

Not REALLY bitching...

Just asking for advice...

The turnover thing is weird too.

4/20/2006 10:35:43 AM

it depends on how easily you get burned out, Two vacation days for 7 months is not much and then one week after that, most banks start at 10-15 vacation/sick days. the turnover is pretty high but i have seen higher. I am assuming most leave because goals are to high. It worth a shot everybody starts at the bottom.

4/20/2006 10:35:46 AM

that vacation schedule really isn't that bad. might want to ask them if you can carry over vacation days or purchase. my company allows both. when i started, i only had 1 day for the first 6months. it wasn't a big deal. i'd probably go with the new company, if indeed you *want* to be a manager. a lot of people think they do but when they actually get there, they are miserable.

4/20/2006 10:41:35 AM

that's about average for vacation accrual...


i've been with my company for 2+ years: i get 11 vacation days, 5 sick/personal days, 10 holidays, and 1 floating holiday.

4/20/2006 10:42:40 AM

the pros most certainly outweigh the 'cons'---take the job.

4/20/2006 11:50:25 AM

4/20/2006 11:59:08 AM

i work at a bank (started as a temp then went full time after graduation), and if that is a bank, the time off is a little lax. this is my first full year, and i get 160 hours of pto/year (includes vacation, sick days ect... and you must take 5 consecutive days at least once per year) plus 10 bank holidays a year, and 2 school function days (mainly for parents with kids). I think after 5 years it goes to 200 hours, and you can sell some of your pto time if you don't think you'll use it all, b/c it doesn't carry over from year to year

But, if you get financial experience (lending, business banking, underwriting ect...) you can get very good jobs, that pay great, in virtually any city/town with major banking branches. I think that is a major plus. All in all, it sounds like a pretty good opportunity.

[Edited on April 20, 2006 at 12:03 PM. Reason : .]

4/20/2006 12:02:12 PM