Submitted by [deleted] t3_z8n2v6 in personalfinance
_off_piste_ t1_iycvl3b wrote
I can’t overstate it enough the importance of liking where you work. People/management/workload/type of work can easily make the 11% feel like a terrible deal.
That 401k looks incredible though. You save 12% and the company adds another 17%? My company gives me 4% if I save 5%.
AluminumFright t1_iyd5bu0 wrote
I took a lateral movement just to be happier. I was constantly anxious, stressed and tired from my old job where I was constantly working over 40hrs a week and constantly had to worry about juggling multiple projects that dragged on longer than expected due to client participation (or rather, lack thereof).
The job I'm at right now is the same pay (although it's local government so the benefits are included and that amounts to about $3k I don't have to pay a year, so technically a small raise), I can actually use my PTO (which I have more of) and I get public holidays off. That isn't even touching on the impact the work life balance has made on my life as well.
If my old employer called me up and offered me a 20% raise at this exact moment I'd tell them to pound sand, that money isn't worth my health and happiness.
kangarooham t1_iydsff1 wrote
This right here
I was in a similar situation where I switched jobs for a significant pay bump, but I hated my life due to a micromanager
Luckily, I was able to hop again relatively quickly, but I was seriously considering begging for my old job back every day
That being said, if you're young and confident in your abilities to find a new job if you need to again, then go for it. The new base salary you can command will stick with you going forward
[deleted] OP t1_iyd2x8m wrote
[deleted]
ir0nuckles t1_iydyi0s wrote
I'm considering taking a paycut just to avoid a stressful environment.
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