Sawdamizer Posted May 18, 2020 Posted May 18, 2020 Over the weekend, I got a message from a recruiter about heading up a Operations division for a completely online bank. Since I got time, I told them to hit me up today to talk about what they are thinking.... and besides the crazy money they are throwing around (total compensation, and when they say that I see all kinds of asterisks after...), it would also require a full relocation package to Ft Lauderdale. It isn't ever all about the money... but.... idk... The team is about the same size I have now, in total... but its consolidated to just one direct team of reports... which means, one level of management from me to them... i have done this many times before but it does require a lot more hands on work, and typically frustrations dealing with personalities... tho, better than dealing with teams of type A managers. And then again... its fucking Florida. Anyways... thats my Monday so far. Breaking out the ol pros and cons exercises and having some discussions with the S.O. 1
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 well time for me to return the favor. what's the benefit package look like?
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 2 minutes ago, Naraku4656 said: well time for me to return the favor. what's the benefit package look like? Yeah, I got all that. They are paying for a house and everything, in Ft Lauderdale.... which isn't cheap. They want a 3 year contract, and a non compete (which I think is stupid because its not a sales position). They would pay for any family services for 2 years, if needed. No car, but I'm cool with that, but all cell phone, internet, and equipment costs covered through their vendor, Lenovo. They would help with placement for my wife too.
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 also specifically where in Florida? COL is very different between Jacksonville and downtown Miami
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 4 minutes ago, discolemonade said: i mean...it's florida. I fucking know.
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 Just now, Naraku4656 said: also specifically where in Florida? COL is very different between Jacksonville and downtown Miami Oh in the OP, I put Ft Lauderdale.
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 Just now, Sawdamizer said: Oh in the OP, I put Ft Lauderdale. I just saw that. I'm a blind dummy
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 I like the seasons, and I hate old people. As a knee jerk thought, that's where I'm at right now. 1
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 1 minute ago, Sawdamizer said: Yeah, I got all that. They are paying for a house and everything, in Ft Lauderdale.... which isn't cheap. They want a 3 year contract, and a non compete (which I think is stupid because its not a sales position). They would pay for any family services for 2 years, if needed. No car, but I'm cool with that, but all cell phone, internet, and equipment costs covered through their vendor, Lenovo. They would help with placement for my wife too. Do you actually know this company? That sounds like a lot to hit you up with out of the blue. If you do, and it's legit, then I mean if they're paying for the house then COL really doesn't matter as much. I have grandparents around that area (as does literally everyone), I will tell you that driving around there is a nightmare because of all of the old people and its extremely humid. I'd probably take it if I didn't have family tying me down. But I'm also talking as a single guy, not as a married person.
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 Just now, Naraku4656 said: Do you actually know this company? That sounds like a lot to hit you up with out of the blue. If you do, and it's legit, then I mean if they're paying for the house then COL really doesn't matter as much. I have grandparents around that area (as does literally everyone), I will tell you that driving around there is a nightmare because of all of the old people and its extremely humid. I'd probably take it if I didn't have family tying me down. But I'm also talking as a single guy, not as a married person. I have been doing a lot of research on them. They are primarily a South American Organizatuon but are looking to capitalize with everything going on to remote banking exclusively. With my experiences in six sigma, and PM, as well as the segregating of lending services with my previous bank, I think I'd be good at it. They are ambitious, which motivates me but concerns me as well. Ambition can push organizations to do the wrong thing.
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 Just now, Sawdamizer said: I have been doing a lot of research on them. They are primarily a South American Organizatuon but are looking to capitalize with everything going on to remote banking exclusively. With my experiences in six sigma, and PM, as well as the segregating of lending services with my previous bank, I think I'd be good at it. They are ambitious, which motivates me but concerns me as well. Ambition can push organizations to do the wrong thing. Six Sigma my god the migraines. OK EVERYONE, WE'RE GOING TO DO A 30 MINUTE SCRUM MEETING. YES YES I KNOW IT'S SUPPOSED TO BE 15 MINUTES BUT THIS IS IMPORTANT!!!!111 sorry, PTSD from my last job
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 Also it matters also if you'd actually you know, like the job. I had several interviews with a company that would have regularly flown me out to Virginia had I agreed to work for them. I would have needed some wacky government clearance and there would have been a lot of travel involved internationally as well. The pay and benefits would been very good but I ended up not taking it because I didn't think I'd be happy having to travel like 75% of the year.
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 also because I'd probably piss myself under a polygraph. them - "what's your name?" me - "UHH UHH UHH UHH"
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 Just now, Naraku4656 said: Six Sigma my god the migraines. OK EVERYONE, WE'RE GOING TO DO A 30 MINUTE SCRUM MEETING. YES YES I KNOW IT'S SUPPOSED TO BE 15 MINUTES BUT THIS IS IMPORTANT!!!!111 sorry, PTSD from my last job Yeah, at my level, I don't really use it much but can coach and facilitate those that would be using the skill sets. The first year would be pretty much all grinding staff to align with the initiatives of the company, as I learn them as well. After that, it would be all risk performance objectives, and regulatory meetings.
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 1 minute ago, Naraku4656 said: Also it matters also if you'd actually you know, like the job. I had several interviews with a company that would have regularly flown me out to Virginia had I agreed to work for them. I would have needed some wacky government clearance and there would have been a lot of travel involved internationally as well. The pay and benefits would been very good but I ended up not taking it because I didn't think I'd be happy having to travel like 75% of the year. I know what they are trying to do, very well. But I need to understand the resources and their experience with US regulatory standards and agencies... because that will sink all ambitions.
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 (edited) 3 minutes ago, Sawdamizer said: I know what they are trying to do, very well. But I need to understand the resources and their experience with US regulatory standards and agencies... because that will sink all ambitions. The other thing I'd be skeptical about is working for a fully online bank. What's their rep like? How long have they been around? Also because of all of this crap going on right now, are they having any financial problems? Edited May 18, 2020 by Naraku4656
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 7 minutes ago, Sawdamizer said: Yeah, at my level, I don't really use it much but can coach and facilitate those that would be using the skill sets. The first year would be pretty much all grinding staff to align with the initiatives of the company, as I learn them as well. After that, it would be all risk performance objectives, and regulatory meetings. I mean my guess is from what it sounds like that you're either talking about director or a departmental VP level. But that guess is really from my own dealings with past companies. I'm not sure what kind of bank you're working at now, and this is kind of going to be snobby, but you might also want to think about how this other bank would look on your resume vs a bigger bank (which I assume you're working at now based on gut).
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 11 minutes ago, Naraku4656 said: I mean my guess is from what it sounds like that you're either talking about director or a departmental VP level. But that guess is really from my own dealings with past companies. I'm not sure what kind of bank you're working at now, and this is kind of going to be snobby, but you might also want to think about how this other bank would look on your resume vs a bigger bank (which I assume you're working at now based on gut). Yeah, the titles are SVP and above, but those don't really mean shit anymore and I couldn't care less about the title. The resume piece, would be good... as it would be a lot of my own abilities and initiatives that would be measurable upon success. Its a contract too, so I kind of step in to that new realm of contract/consulting work... which is $$$
Naraku4656 Posted May 18, 2020 Posted May 18, 2020 2 minutes ago, Sawdamizer said: Yeah, the titles are SVP and above, but those don't really mean shit anymore and I couldn't care less about the title. The resume piece, would be good... as it would be a lot of my own abilities and initiatives that would be measurable upon success. Its a contract too, so I kind of step in to that new realm of contract/consulting work... which is $$$ Nah I know title doesn't really matter. The only reason I mentioned it is because the way you were describing it sounds like the directors/VPs I used to have to talk to and how they spoke. I mean I guess at that point it really comes down to you. If we've cleared all of the obvious stuff and you trust them anyway
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 4 minutes ago, Naraku4656 said: Nah I know title doesn't really matter. The only reason I mentioned it is because the way you were describing it sounds like the directors/VPs I used to have to talk to and how they spoke. I mean I guess at that point it really comes down to you. If we've cleared all of the obvious stuff and you trust them anyway I think after I do my pros and cons with my wife, ill have a ton of questions for them.
discolé monade Posted May 18, 2020 Posted May 18, 2020 1 hour ago, Sawdamizer said: I fucking know. however, you'd be way closer to me. and you should totally by a vacation house on the keys, and i'll stay there and watch over it for you.
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 4 minutes ago, discolemonade said: however, you'd be way closer to me. and you should totally by a vacation house on the keys, and i'll stay there and watch over it for you. You're making some fucking 🔥 points here. Marathon, is really all about me. 1
discolé monade Posted May 18, 2020 Posted May 18, 2020 2 minutes ago, Sawdamizer said: You're making some fucking 🔥 points here. Marathon, is really all about me. and i mean...isn't florida cost of living lower than PA?
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 3 minutes ago, discolemonade said: and i mean...isn't florida cost of living lower than PA? Not the Ft Lauderdale area.
discolé monade Posted May 18, 2020 Posted May 18, 2020 i see. and omg..you'd be in all that hussle and bussel and crazy spring break bullshit. eh...i mean how far is boca raton from there?
scoobdog Posted May 18, 2020 Posted May 18, 2020 Without naming names, did the recruiter give you any idea who’s backing this new bank? Regardless... fuck Florida and hurricanes. 1
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 1 minute ago, discolemonade said: i see. and omg..you'd be in all that hussle and bussel and crazy spring break bullshit. eh...i mean how far is boca raton from there? I can't do Boca... its just... awful. Its like an hour away.
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 Just now, scoobdog said: Without naming names, did the recruiter give you any idea who’s backing this new bank? Regardless... fuck Florida and hurricanes. its established, just not in US yet.
DragonSinger Posted May 18, 2020 Posted May 18, 2020 6 minutes ago, scoobdog said: Without naming names, did the recruiter give you any idea who’s backing this new bank? Regardless... fuck Florida and hurricanes. THIS. Florida is already fucked before you even add in climate change. Aren't they always in the news for sinkholes too? Good luck with that, Sawdy. 2
Chapinator_X Posted May 18, 2020 Posted May 18, 2020 Oof, Fort Lauderdale. If you’re looking for housing out there, you’re either going all the way out west that’s wealthy but way out in the sticks with nothing but Sawgrass Mall & the BB&T Center, the Oakland area that’s brutal as hell, or east where the high rises are but the divide between wealth and poverty are as clear as night and day. My main concern though is longevity. For urban areas in South Florida, there are a ton of revolving door businesses run by folks who saw their best days pass them before the dot-com boom. And because of that, every business is a sinking ship start up and proper footing/economic support is a pre-requisite for taking on any new position on the off chance that plans fall apart a few months in. 1
scoobdog Posted May 18, 2020 Posted May 18, 2020 47 minutes ago, Sawdamizer said: its established, just not in US yet. Not really the best time to be hanging a shingle, but an entity with resources and connections can carve a niche quickly. Is Florida a locus for banking in the east? Would it be unusual for a bank, particularly an online one, to set up there?
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 21 minutes ago, Chapinator-800 said: Oof, Fort Lauderdale. If you’re looking for housing out there, you’re either going all the way out west that’s wealthy but way out in the sticks with nothing but Sawgrass Mall & the BB&T Center, the Oakland area that’s brutal as hell, or east where the high rises are but the divide between wealth and poverty are as clear as night and day. My main concern though is longevity. For urban areas in South Florida, there are a ton of revolving door businesses run by folks who saw their best days pass them before the dot-com boom. And because of that, every business is a sinking ship start up and proper footing/economic support is a pre-requisite for taking on any new position on the off chance that plans fall apart a few months in. Good thoughts. Thank you .
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 Just now, scoobdog said: Not really the best time to be hanging a shingle, but an entity with resources and connections can carve a niche quickly. Is Florida a locus for banking in the east? Would it be unusual for a bank, particularly an online one, to set up there? I think given today's environment, brick and mortar banks will rapidly go away, much faster than originally anticipated. This has set the actions in motion that would be 5 to 10 years down the road, to now. 1
Chapinator_X Posted May 18, 2020 Posted May 18, 2020 27 minutes ago, Sawdamizer said: Good thoughts. Thank you . It’s all good. It’s a mixed bag, but there are places in FTL to make it alright. Victoria Park isn’t too bad. Plantation is a good in-between that has some good food, but it’s way out west. It’s not as terrible as I make it out to be, but you’ll want to do your research on which location you want to move in or which business you’re getting hired in. Best case scenario is that you get something stable but with some heavy traffic in your commute. Worst case is a lot worse, but if you’re middle or upper class, you’ll only pass by the worst case scenario on the way to work.
Sawdamizer Posted May 18, 2020 Author Posted May 18, 2020 1 minute ago, Chapinator-800 said: It’s all good. It’s a mixed bag, but there are places in FTL to make it alright. Victoria Park isn’t too bad. Plantation is a good in-between that has some good food, but it’s way out west. It’s not as terrible as I make it out to be, but you’ll want to do your research on which location you want to move in or which business you’re getting hired in. Best case scenario is that you get something stable but with some heavy traffic in your commute. Worst case is a lot worse, but if you’re middle or upper class, you’ll only pass by the worst case scenario on the way to work. He was selling it as mostly remote work. But, I have that down to expand upon. Id like to be near the ocean again, and I was happiest when I could get out on my boat and just be alone in my thoughts after a shitty week. I am planning on proposing three visits, paid for by them so I could survey the locations, teams, and just general area. Want to get the vibe in the community too. 3
molarbear Posted May 18, 2020 Posted May 18, 2020 4 hours ago, Sawdamizer said: And then again... its fucking Florida. Pro: You're closer to Disney World Con: Florida, the south, constant swamp ass 1
Gina Szanboti Posted May 19, 2020 Posted May 19, 2020 Look long and hard at that non-compete clause. Actually, have your lawyer look long and hard at it. Those can really screw you over. A lot of companies are using them now even against unskilled workers to make sure they can't leave and get a better job. Not sure what you meant by it being silly because you aren't in sales. Companies use non-competes all the time for all kinds of employees just to try to keep them from jumping ship. They're not always unreasonable or evil, but just be sure the one they want you to sign doesn't screw you over by being too broad or too long or too whatever. Even if they're poorly written and unenforceable, they could still make you fight them in court.
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