| I would not take it. My happiness impacts my quality of life and my family. As long as you have enough, I'd skip it. You know you are marketable and can be happy while keeping eyes open for position that would be a better fit. I have taken lower paid offers for better fit and never regretted it. |
|
DW is in the same boat as you are. She has 3 opportunities on the table and the delta between the highest salary and the lowest salary opportunity is about 50-60k. We've discussed it at length and in the end I just told her to take the one she feels will be the most fulfilling. She's leaning toward the lowest salaried position and we're ok with that. It's hard to put a price tag on happiness and fulfillment at work and the difference in compensation isn't enough for us to compromise on that end. Now if we were talking a 150-200k plus delta then the conversation might be different. Everybody has a number so I think the decision process is different for every family faced with a similar situation. Good luck OP!
|
| IMO, good decision to turn it down. We're in a similar place in salary and I also love my job. I might be willing to leave for that big a bump but not with that history of turnover. You'd likely be miserable and then looking for a new job in a year. |
|
Find the three people who left and talk to them. I know a place with high turnover and it was because people ended up going inhouse for great opportunities. Get information, don't make assumptions.
Then, these aren't the two only options in the universe. Obviously what this offer is telling you is that your are unpaid compared to why you are worth in the market. Sure you're comfy now, what about when you've been there 10+ years and your current boss is replaced by someone who is a favorite of a higher-up (in other words not you). Then work sucks but the market is bad and you need to take a cut to escape. Nothing is static. |
Have you ever been to middle America? A great many professionals live there for quality of life, despite the fact that they could earn substantially more (even after factoring in COL) in Chicago or other large cities. |
I wouldn't take it. As a matter of fact, I've already said no to several similar offers. Do what truly motivates you -- you'll do your best, find unexpected opportunities, and be happier and healthier long term. |
+1 I did the same thing. I got an offer, handed in my resignation and my boss said bye. My boss' boss said "wait a minute". Boom, $30K bump, new title, new role. Be clear about what it is you want and tell them.... But be prepared to walk. |
This is one stupid article from Forbes. |
Yep, my feelings exactly. I don't need a huge house or new car or to keep up with the Jones' so I prefer to have a less stressful job with manageable hours than money for lots of material things. |
|
being in an organization you do not like, working for people you do not respect, is horrible. I would only do if it I felt that I could find another job easily and wouldn't regret leaving a place I really liked.
--signed, someone who is less than a year into a new job and trying to find something else, in a very niche field. |
| No question, OP. Keep your current job. Money (or a huge cushion in your kids' 529 plans) can't buy happiness. |
Only in DC is $300K not enough and they should sacrifice happiness for $370k. |
| $70k is a ton, but if you really like where you are and your current job is more flexible you may seriously regret moving. |
| Things can change in your current job - restructuring/buyout, the great boss moves on and someone with a bad vibe comes in, changes of scope, downsizing. Nothing is forever. I would move on. if you don't like it you can look again after a year and move one after 2 or so, with a great salary history and a more diverse resume. |
| Take the job and make the best of it, your kids with no student loan debt will thank you someday. |