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Re: New Here - Looking for Guidance
Old 07-18-2006, 06:17 PM   #4
Dryer sheet wannabe
 
Join Date: Jul 2006
Posts: 19
Hi Arthur,

I too am accountant. Graduated in 2001 and worked in public accounting for the last 3 1/2 yrs. Now I'm working for a private company. I too hate the fact that you work your a$$ off and they can fire you at a given notice. However, it's just the reality of corporate world whether you're an engineer, accountant, revenue side, etc etc.

I try to have a different approach to this. My thinking is that, if you produce good work, then company wouldn't necessary let you go. This probably applies to smaller companies and not mega corp like the one that you're working for. At my current company, I'll do a good job and stay until I have a good grasp of the business and my current role. I'm thinking that'll take about a year. After a year, if I feel that I'm not advancing or my salary is not where I want it to be, then I'll stick around for another half year and look for another job. If there is another job, great. If not, then I'll just stay put. If I give myself 6 months to find the next job, I can probably find something I like. So I stay at a job for 2 yrs and find something else. If the company is growing and treats me well, then I'll stay. In a way, I'm not leaving the ball in the employer court but I'm deciding whether I'll stay or go.

Also, I think it's bad to stay at a company for 3+ years when you're not really building your skill set. I've done consulting for a mega corp where I've seen people who has stayed there for 10+ yrs and it's just scarry to think where they can go afterwards. That company is known for not letting people go but who knows if that company will keep doing well after 10+ yrs. It's intimidating to leave a company after 3+ years becase you're comfortable at your position but I think you should always be on your toes and build your skill set. In a way, you're not relying on your current employer but building your own skills. At the end, if worse comes to worst, you can always go into consulting and I think you can bring alot of value because you have so much experience. Compare that to somone who's been with the same company for 10+ years who really hasn't progressed much. I think the first person who's been going to new company/industry and learning will be much valuable to the company. Of course, if your current employer values your hard work then they'll promote you or put in you interesting projects then you can stay put and grow with the company and hopefully make it to CFO one day. If not, go into consulting and it's not too difficult to make $100k (I'm in So Cal market).

Oh yeah, above all, always LBYM and invest wisely.
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