Choices, choices

[mickey]

I currently work with a great bunch of people but on an easy and not exciting project. Rightly or wrongly i decided to talk to people outside work. As a result a hedge fund wants me, but I'm not certain. The money is similar, slightly longer hours. I'm guessing, more stress and a longer commute. The selection process was extremely rigorous, and hence makes me think it's an exclusive opportunity. Was hard to get the offer.
The gut feel is to decline the offer as at the moment I'm in a middle of the comfort zone, but on the other hand I really don't know what I'm missing at the fund. People seem to be sharp and smart. At the moment thought I can have more free time to work on own projects (which are only hypothetical at this stage).

I only have a day or two to decide. Don't think accepting an offer and later declining it is a good way to make friends.

Where's my logic wrong?

Any views / experiences appreciated.

[BolshieBastard]

I currently work with a great bunch of people but on an easy and not exciting project. Rightly or wrongly i decided to talk to people outside work. As a result a hedge fund wants me, but I'm not certain. The money is similar, slightly longer hours. I'm guessing, more stress and a longer commute. The selection process was extremely rigorous, and hence makes me think it's an exclusive opportunity. Was hard to get the offer.
The gut feel is to decline the offer as at the moment I'm in a middle of the comfort zone, but on the other hand I really don't know what I'm missing at the fund. People seem to be sharp and smart. At the moment thought I can have more free time to work on own projects (which are only hypothetical at this stage).

Where's my logic wrong?

Any views / experiences appreciated.

Mumsnet | Mumsnet

[cojak]

How long is your current contract and how long have you been there?

[mickey]

How long is your current contract and how long have you been there?

2yr+, and all signs point it's likely to roll in a few months time. But anything may happen.

[mickey]

Mumsnet | Mumsnet

Oh well. So you never get yourself into a pickle?

The contract is likely to roll, but getting into a HF is far from easy - they make me think. What does mumsnet say?

[DieScum]

If you're tempted but not sure I'd go back and negotiate a steep rise. Enough to make the decision for you. If they turn you down no problem, you can stick with the current role.

[psychocandy]

My personal take.

Longer commute, longer hours - not for me.

[gables]

I currently work with a great bunch of people but on an easy and not exciting project. Rightly or wrongly i decided to talk to people outside work. As a result a hedge fund wants me, but I'm not certain. The money is similar, slightly longer hours. I'm guessing, more stress and a longer commute. The selection process was extremely rigorous, and hence makes me think it's an exclusive opportunity. Was hard to get the offer.
The gut feel is to decline the offer as at the moment I'm in a middle of the comfort zone, but on the other hand I really don't know what I'm missing at the fund. People seem to be sharp and smart. At the moment thought I can have more free time to work on own projects (which are only hypothetical at this stage).

I only have a day or two to decide. Don't think accepting an offer and later declining it is a good way to make friends.

Where's my logic wrong?

Any views / experiences appreciated.

Oh well. So you never get yourself into a pickle?

The contract is likely to roll, but getting into a HF is far from easy - they make me think. What does mumsnet say?

I'm not sure what you mean by 'The contract is likely to roll' ....

I'm not all about money, but for the bit I highlighted in your first post, the future potential this role may lead to would be important in making a decision about it. So if it looked like this role to greater and better things, then even though a longer commute I might well take it.

[mickey]

I'm not sure what you mean by 'The contract is likely to roll' ....

I'm not all about money, but for the bit I highlighted in your first post, the future potential this role may lead to would be important in making a decision about it. So if it looked like this role to greater and better things, then even though a longer commute I might well take it.

"They" make us believe that hedge funds have more potential, but is that so? And if so, why? I don't have a clear view on this. Front office jobs at banks normally mean shoveling piles tulips. I feel it's a bit of a lottery with HFs. Some are better than others.

But, if I were to take the HF role, perhaps it's not such a high risk decision, is it? I feel there's a good chance they may/will take me back where I am now.

PS If I were to bet £50, the current contract is more likely to roll when it expires in a few months' time than not.

[ChimpMaster]

I was going to say the same thing as DieScum: you've been through a tough interview process and succeeded, so clearly the HF wants you. Make the offer more acceptable to you, so that the decision is easier to make: tell them you are in contract at £x per day and want £x + y to move on. Of course, explain that you really want to work at the HF etc.