steelsurgeon
Plastic
- Joined
- Mar 6, 2021
- Location
- Southern Indiana
The company I work for (been here over 8 years) is kind of in a state of transition. Its a small shop, fewer than 10 employees with 1 foreman. The current owner is looking to sell the business and retire.
It appears that the owners son will be buying the business itself, downsizing quite a bit and moving to a location with lower rent. We have probably twice as many machines as we need due to a decline in business the last few years.
That being said, they have approached me, informed me of all this and offered me the foremans position in the new downsized shop. Obviously, none of my coworkers know this yet and nothing is set in stone anyway. I was informed the current foreman will not be retaining his position in the new shop, but not by his own choice. He does not know they offered me his position, but does know about a “potential downsizing and move.”
All that being said, it is a position I have been looking forward to having the opportunity to be in. When they first approached me I didnt put too much stake in it as it was just an idea (the sale of the business and downsizing and moving) but now its actually starting to look like it is going to happen within the next few months. They have struck a deal on new, smaller building close by and I am being asked for input on which machines to keep, their layout in the new shop and which employees to keep.
I was told to be thinking about salary and benefits I would want to stick around, be foreman and help the son get up and running. Looking for advice on what to ask for and advice on what to do as a foreman. I can say that I have a good idea of what not to do from watching my current foreman for 8 plus years. I am currently making $25/hr ($52k/year before taxes) as a lead man with a small profit share, 3 weeks of PTO time, and 4% IRA match.
It appears that the owners son will be buying the business itself, downsizing quite a bit and moving to a location with lower rent. We have probably twice as many machines as we need due to a decline in business the last few years.
That being said, they have approached me, informed me of all this and offered me the foremans position in the new downsized shop. Obviously, none of my coworkers know this yet and nothing is set in stone anyway. I was informed the current foreman will not be retaining his position in the new shop, but not by his own choice. He does not know they offered me his position, but does know about a “potential downsizing and move.”
All that being said, it is a position I have been looking forward to having the opportunity to be in. When they first approached me I didnt put too much stake in it as it was just an idea (the sale of the business and downsizing and moving) but now its actually starting to look like it is going to happen within the next few months. They have struck a deal on new, smaller building close by and I am being asked for input on which machines to keep, their layout in the new shop and which employees to keep.
I was told to be thinking about salary and benefits I would want to stick around, be foreman and help the son get up and running. Looking for advice on what to ask for and advice on what to do as a foreman. I can say that I have a good idea of what not to do from watching my current foreman for 8 plus years. I am currently making $25/hr ($52k/year before taxes) as a lead man with a small profit share, 3 weeks of PTO time, and 4% IRA match.