Current situation: 2 of 3 managers have already left our project (I’m the 3rd). The project has been going on over 3 years now and is still in a state where it’s really not ready to open up for users. Really no business leadership - this is an IT driven project that will have huge benefits to the company if it works. Company is hit hard with current economic conditions and no bonuses were paid out for 2015 (20% of my salary). I don’t see a clear path or business direction on where we go from here to make the project successful but there seems to be a desire to push towards success due to the perceived benefits.
Option 1: Leadership is panicking and telling me they will do whatever it takes to keep me. They have already given me a 15% raise in salary. They want to promote me to director over the entire project with another big bump in salary. I’ll be able to restructure the team to help the project be more successful and hire a few more people to relieve the current pressure. But this position is high stress and will be on the hook for the success or failure of the project. If it’s successful, I get all the glory. But if it fails, it’s all on me. I don’t have a lot of confidence in the leadership of the company or the direction the project is headed but when everything is done, I’m probably looking at a 50% overall salary increase and a nice title on the resume. I could probably stick it out for one more year if I had to.
Option 2: Stay in my current position. I’ve already got the salary increase. Let them hire someone else to be the new boss. But since I’ll be the one there with the most seniority, I’ll still be on the hook to deliver. A new boss can do all the powerpoints and executive meetings but I’ll still be the prime person people will be looking to. But I could leave any time without a guilty conscience.
Option 3: I have interviews scheduled with 2 companies with likely offers from both. I will be making the same amount I’m making now with no raise. Both companies have pros & cons. If I leave, there are no managers left and the project will probably be delayed (or possibly be considered a failure) and the company will have to bring in 3 new managers to pick up the pieces.
What would you do?