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Reply to "Would you leave a fed job?"
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[quote=Anonymous]A 40k raise before taxes. Let's call that a 25k raise after taxes. You also miss out on your pension contributions each year going forward, that's difficult to value but probably something like $8k per year at your level. So now it's effectively a $17k raise. You may also lose out on a 401k match (most private employers don't offer this). That's another $8k per year at your income. Now it's effectively a $9k raise. No way in hell I'd move to a less secure position (with presumably less liberal leave policies as well) for an additional $9k per year. (And I didn't even consider health insurance costs or other benefits that government employment has). I've made some assumptions here, so you should re-run the numbers for your specific situation, with all the information that you know that we don't. But, this was for illustration purposes -- make sure that you know the true value of the raise, not the nominal value of $200k minus $158k.[/quote]
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