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nnのCPA試験の旅 in Hawaii CPA試験の旅 in Hawaii

Hello again!


by nn_77
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Credit administration in job hunting activity

The other day I got a job offer from a company, which offered me twice as high salary as I’m earning now. But, after examining the business outline of the company, I refused to accept the offer( with some lingering regrets).
The high income is very attractive, of course. But there’s no guarantee that I can keep being paid that amount for long periods of time. And I thought I couldn’t take the risk.

Here I’m not talking about the risk of receiving lower salary due to my poor performance in the new company. It is fair that I receive low salary if I cannot prove myself in the new company, and so it is quite reasonable I’m paid less for that.

The thing I’m now talking about is the company’s ability to keep paying salaries to its employees. It’s a kind of going concern valuation of the company. Even if a company seems to be able to offer good salaries to its employees in the short run, there’s no guarantee that the company can be well off in the long run. As far as I watched on the TV news, or read on the Nikkei news paper, I think those companies that had paid more salary than was needed didn’t succeeded in the end.

Everything has its FMV (fair market value, which we have learned a lot about in our study of USCPA exam!) If I put a too expensive retail tag on myself, I’ll be in trouble somehow after I’m bought by a company. Now it seems to me that nn is worth one million yen higher than the current annual income, if I can find a right place to work, taking advantage of my linguistic skills, IT know-how, working experience in financial business backed with USCPA certificate, and Kansai-taste sense of humor (!?).

There must be something wrong in companies that are going to pay more money than I think I’m worth. When I come across such a company, I have to be very careful not to be lured by a bait of high salary and go further to examine the company’s financial conditions, stock evaluation in the market, business outlook, and its prospects for the future.

Of course no company can be perfect in every respect. There could be some problems. But it’d be OK if I think nn could cover those problems by improving the system of the company. But if the problem seems beyond my reach, or beyond the reach of employee, then, I had better not take the risk of entering such a company. .

By the way, it seems difficult to find such a good opportunity in the area I’m hoping to work in. I need to give a far more thorough market research!!
by nn_77 | 2007-06-27 09:25 | 仕事