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Reply to "Is a pension all it’s cracked up to be?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, after thinking, I think in your case it make perfect sense to move if you do get an offer of around 350k+bonus. That is significantly more than what you make now, and, moreover, no pension annually makes up for that difference. Sure the job may not be as stable, but at almost 2x the comp (if not more, if bonuses are substantial) that is a risk worth taking (as long as you put aside more $$ overtime). Worst case scenario if laid off, you can go back government afterwards.[/quote] Im confused, to people routinely leave for industry for this money, or people in your field can make that much? I’m in IT and I love my work life balanced gov job, and there is no way I’m lateraling into a $400k job like my classmates who went to tech directly. We are same “industry” but chose different paths and I never see anyone switch (either way to be honest, but I expect my tech peers just retire early) [/quote] Sure. My wife doubled her salary when she left the public sector. She is now earning three times what she made as an SES.[/quote] Are you OP? I mean in her particular role. I know it happens in general, usually for lawyers or more political roles like an SES leadership (I assume she went to someone using her connections to government to enhance business, rather than she has skills that are worth that much)[/quote]
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