Need Career Advice. Should I prioritize title or salary advancement?
My current situation: I work as an Analyst in a MCOL city at a GP (Sponsor) multi family development firm. I will receive a promotion in June 2022 to associate/ Jr.Asset Manager and comp will be $100k with a $20k bonus. 

I started looking for other jobs because I don’t enjoy how we never hold onto our assets and a majority of them are the same Class A wrap buildings all located in one city. I also have way too much free time on my hands (I’ve already asked my manager for more and more work and taken on extra responsibilities) and I know if a economic downturn happens, my firm will lay off a majority of our workforce. That said, I love the team I work with and we have really good chemistry.

I was reached out to by an LP offering me a position as an asset management analyst (I tried to negotiate for associate but they said they couldn’t do that due to the structure of the firm). This role is based in the same city I’m currently in, however comp would be $110k base and $30k bonus. 

I like the LPs portfolio more and I miss working on the institutional side of CRE. I also think there are more opportunities for advancement at this firm. It’ll be more money but for a lesser title and I’ll have a larger work load. I think I would enjoy working with this team, but would probably not have the same chemistry with them that I have at my current firm.

Should I move to the other firm and take the higher pay and do more work I’d enjoy doing, while sacrificing my current title, WLB, and team chemistry?
[{"id": "hql3q7j", "text": "I think it\u2019s a close call. I guess I lean personally to the higher paying job that you like the portfolio more on. You gotta like what you do. Title is great but money and enjoyment would win out for me all things equal.", "replies": [], "depth": 1}, {"id": "hqlfhbk", "text": "People can call me whatever they want as long as I'm cashing checks and getting paid.... \"Title\" means nothing...", "replies": [{"id": "hqlw5be", "text": "This. Each firm will call you differently, what is important is the paycheck and THAT along with your job description/duties will likely determine your 'transferrable title'.\n\nFor me, chemistry with boss/team is a big thing, nothing worse than grinding at work with shitty people.\n\n16% pay bump (total comp) less inflation is effectively a 9% gain. Look at it this way, if you stay where you are you'll be losing 7% of your salary as your purchasing power diminishes.\n\nEmployees have the upper hand now, *especially if they approached you*. Negotiate wisely, Enjoy while it lasts.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hqlhujg", "text": "I\u2019m in the camp of \u2018title.\u2019 The idea is that generally there is a salary range correlation if I wanted to lateral or jump.", "replies": [], "depth": 1}, {"id": "hqllt2o", "text": "There is such a thing as internal and external title. Often linked in shows external titles or what you actually do. I\u2019m never super concerned about internal title.", "replies": [], "depth": 1}, {"id": "hqm35zd", "text": "The difference is $10k. I wouldnt jump ship from a team I like in a sexy role like development to a team I dont know in asset management  which is important but less sexy for $10k. If it were me I would stick with the developer and if you are bored work on learning more stuff or take on some personal projects but thats up to you.\n\nSure if there is a downturn you might be on the chopping block but thats unlikely given the massive money pouring into mf. Even if you are you will be an associate with multiple years of development experience that can go to any of a million other shops.  I love more money but thats not enough to upend your life unless asset management is really your passion.\n\nThen again I am biased since like roughly 98% of real estate people I am dumb enough to think I will own my own firm one day so care more about role as long as money is fine.", "replies": [], "depth": 1}, {"id": "hqm4xuk", "text": "It\u2019s more money, better career progression and work you\u2019d enjoy more? If you are ready to move on from asset management then it seems like an easy choice", "replies": [], "depth": 1}, {"id": "hqms45m", "text": "Can you not negotiate the salary at your current firm given another offer on the table?\n\nAnother thing to consider is whether either offer deal participation down the road. Especially at your current GP firm, being able to participate in the promote at some point could very much swing the income back in that firm\u2019s favor.", "replies": [], "depth": 1}, {"id": "hqn76ow", "text": "Earning promotions/titles often can assist you in getting more pay. Management will have an easier time getting you more money if you earn higher and higher titles.", "replies": [], "depth": 1}, {"id": "hqnuwzz", "text": "1. Skills\n2. Cash\n3. Title\n\nPeriod.", "replies": [{"id": "hqollkd", "text": "Cash Rules Everything Around Me.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hqop3ci", "text": "The answer is neither.   Prioritize putting yourself on the right path to continue advancing in the career you want to have.    If your just chasing money and/or title you will make short term decisions that will seem right at first but hurt your future growth/happiness.  The money and titles will follow regardless of the role you take, but at some point it becomes too late to correct the career path.", "replies": [], "depth": 1}, {"id": "hqox4r7", "text": "Take the money. Title Schmitle.", "replies": [], "depth": 1}]