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Reply to "Why do some people stay at the same job "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] DH is making 120k. Yep with a masters degree and 20 years of experience. Pretty sure that’s underpaid for computer programming field.[/quote] You sound like a nag. Complaining about $120K. SMFH[/quote] Eh, it's not a lot considering there is no 401K match which OP mentioned earlier - that's huge and will affect their retirement. He should at least look into jobs that provide better benefits, maybe in the same pay range. No raise in 7 years is a huge red flag too. If he was getting incremental increases (at least COL) and some 401K, I would say just leave him be. But he's in a dead end. What happens in 5 years when the company changes hands again and he gets laid off? No one will offer him any type of job.[/quote] I am the PP and I will add, I say this as someone who has been at their job for 15 years. But I have gotten three promotions, get a huge 401K match and additional retirement payment, have an excellent boss who is incredibly flexible and get anywhere from 3-10% pay increases every year. That makes it worth staying. If I wasn't moving up internally and the company didn't have great benefits, I'd be out the door.[/quote] Well, you have different preferences. It is plenty of money especially given the spouse makes the same, 401k match or not. [/quote] Well, it's not just about the money. It's about the long term prospects for him in the next 10 years. He is only 40. At some point, probably within the next ten years, he will get laid off. That's more likely than not. Then, he will be out in the job market as basically a senior citizen in tech. His ability to get another job is going to be made much more difficult to possibly nil. And 50 is way too young to retire. I would be concerned if I were OP too. She's not being greedy; she's considering her family's long term situation. This happens all the time to people approaching and in their 50s. There was a thread on it previously. He's in a precarious situation.[/quote]
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