₦airaland Forum

So straight to my dilemma...

I currently work at a Top FMCG firm who are manufacturers and marketers of popular household brands in Nigeria. This business has been in Nigeria for over 59 years

Another FMCG business with about 8 years presence in Nigeria located in one of the south-western cities is offering me 1.1 million naira for the same role as my current company.

Is this move advisable career wise. I know that extra 350k salary outside lagos is huge. But I'm just a bit skeptical about leaving a Top Company for a company that is less than 10 years old.

Please share your take.

Do a background check about the company work environment if it's toxic or not, if the company has opportunity for growth.

Are they both NET payments? What is your final take home? . Let's start from there.

Investigation like employee reviews among others
Do you investigation about this new company


Well I do like to share experience rather than advising. Here are the key considerations that can serve as a checklist

1. Verify if the company is owned by an indian (crucial for various reasons).
2. Request a meeting with the finance department's top executives to grasp their business operations before accepting the offer.
3. Inquire about their Management Information System (MIS) presentation frequency to the board of directors (potential red flag if they have backlogs).
4. Ask those top guys in the accounting and finance dept if they conduct annual statutory audits or they only do tax account & inventory (cos u may not be able to do proper accounting & inventory there)
5. Find out the number of directors (beware of single-director companies, as they can pose challenges).

Look before you leap?

Prec1ous:
Are they both NET payments? What is your final take home? . Let's start from there.

Yes they are

lavylilly:
Investigation like employee reviews among others
Do you investigation about this new company


Well I do like to share experience rather than advising. Here are the key considerations that can serve as a checklist

1. Verify if the company is owned by an indian (crucial for various reasons).
2. Request a meeting with the finance department's top executives to grasp their business operations before accepting the offer.
3. Inquire about their Management Information System (MIS) presentation frequency to the board of directors (potential red flag if they have backlogs).
4. Ask those top guys in the accounting and finance dept if they conduct annual statutory audits or they only do tax account & inventory (cos u may not be able to do proper accounting & inventory there)
5. Find out the number of directors (beware of single-director companies, as they can pose challenges).

Thank you so much for these explanations.

I'll do the findings and come back here to review.

Remain where you are bro, e get why.

godmanxyzt:
Remain where you are bro, e get why.

Please tell me the why?