MNC research or sell side analyst usually, manager, company, research, currently

Zesty

I am CFA charterholder, currently working in a MNC as a research manager. The company is very stable, never/ not usually layoff people. Many people work till retirement. Not much workload here. But the salary is not high at all. The company freezes my salary for many years.

Now a medium size local financial company offer me an AVP post in research, with 16% salary increment. Should I make the switch ?

Want to hear what others think. Any input appreciate ?? Is financial company staff turnover very high, layoff people easily? I have no experience in working in financial company at all.