You're better off, because there are many jobs available to you where a) you won't be asked to play receptionist and b) you can get a nice raise out of the deal

You're better off, because there are many jobs available to you where a) you won't be asked to play receptionist and b) you can get a nice raise out of the deal. (I'm operating on the assumption that any place which couldn't find a second receptionist with the change they pulled out of the sofa isn't compensating engineers at anything near market.)