Anonymous wrote:Anonymous wrote:I have this exact dilemma but my kids are 2 and 5 so I’m keeping the flexible job for now. But in a few years I’d definitely go for option 2.
What is key I think, is knowing how much time is left in your career, and knowing you have to do something that will open up other opportunities at some point - opportunities may disappear if you stay comfortable too long and age out. (No clue your age but just general advice)
It really doesn’t get much better with older kids unless you subject them to an 80s style latch key childhood.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Let’s talk numbers? How much do you make now and how much more will you make? What benefits are you foregoing (like less vacation time or like fewer options for dentists).
Does spouse work, anytime you change jobs there is a risk it won’t work out, especially if you are jumping industry etc for a stretch role.
Finally how old are kids — our kids are teens and we are busy almost every afternoon into the evening we are running the kids around. Maybe they more capable of doing laundry and chores but we found 9-16 actually needing even more flexibility then the daycare years for instance.
Total comp now is about $315k. New total comp would be $375-400k.
Benefit changes would be more expensive health care, less vacation time, less retirement match. Flexibility changes would be most extreme - right now I mostly work from home and set my own schedule, although I do work some nights and travel a fair amount. Nights and travel would be the same - but I would be in the office four days a week with set hours. I think I could push for a bit of flex on the hours, especially because my work involves a lot of outside events and meetings.
Spouse works but could switch to a very flexible schedule. Involved parent, but I have been responsible for all the kid chauffeuring and such given my job now. Kids are late ES and have tons of activities but we live in a great, engaged community.
Your kids are still young. The difference between $315 and $375 is below the noise level after taxes. So I wouldn’t do it for the money. I would only do it if it is something you think you will gaiin a lot from in terms of interest, experience, and future opportunities. From a lifestyle perspective it wouldn’t be worth it.
$50k is noise on DCUM. My parents live off $50k…
Anonymous wrote:Anonymous wrote:Anonymous wrote:Let’s talk numbers? How much do you make now and how much more will you make? What benefits are you foregoing (like less vacation time or like fewer options for dentists).
Does spouse work, anytime you change jobs there is a risk it won’t work out, especially if you are jumping industry etc for a stretch role.
Finally how old are kids — our kids are teens and we are busy almost every afternoon into the evening we are running the kids around. Maybe they more capable of doing laundry and chores but we found 9-16 actually needing even more flexibility then the daycare years for instance.
Total comp now is about $315k. New total comp would be $375-400k.
Benefit changes would be more expensive health care, less vacation time, less retirement match. Flexibility changes would be most extreme - right now I mostly work from home and set my own schedule, although I do work some nights and travel a fair amount. Nights and travel would be the same - but I would be in the office four days a week with set hours. I think I could push for a bit of flex on the hours, especially because my work involves a lot of outside events and meetings.
Spouse works but could switch to a very flexible schedule. Involved parent, but I have been responsible for all the kid chauffeuring and such given my job now. Kids are late ES and have tons of activities but we live in a great, engaged community.
Your kids are still young. The difference between $315 and $375 is below the noise level after taxes. So I wouldn’t do it for the money. I would only do it if it is something you think you will gaiin a lot from in terms of interest, experience, and future opportunities. From a lifestyle perspective it wouldn’t be worth it.
Anonymous wrote:Anonymous wrote:Honestly, with the additional info, I switch my vote to no. Your kids are young still. Four days a week in the office plus travel means you will see them a ton less. You have “been responsible for all the kid chauffeuring” (why??) but now your spouse is going to be super flexible and do it all? It seems wishful.
This is honestly my biggest fear. When we talked about it, he said we would have to hire a nanny. I was like… or you could do more? That had apparently not crossed his mind.
Anonymous wrote:Anonymous wrote:Let’s talk numbers? How much do you make now and how much more will you make? What benefits are you foregoing (like less vacation time or like fewer options for dentists).
Does spouse work, anytime you change jobs there is a risk it won’t work out, especially if you are jumping industry etc for a stretch role.
Finally how old are kids — our kids are teens and we are busy almost every afternoon into the evening we are running the kids around. Maybe they more capable of doing laundry and chores but we found 9-16 actually needing even more flexibility then the daycare years for instance.
Total comp now is about $315k. New total comp would be $375-400k.
Benefit changes would be more expensive health care, less vacation time, less retirement match. Flexibility changes would be most extreme - right now I mostly work from home and set my own schedule, although I do work some nights and travel a fair amount. Nights and travel would be the same - but I would be in the office four days a week with set hours. I think I could push for a bit of flex on the hours, especially because my work involves a lot of outside events and meetings.
Spouse works but could switch to a very flexible schedule. Involved parent, but I have been responsible for all the kid chauffeuring and such given my job now. Kids are late ES and have tons of activities but we live in a great, engaged community.
Anonymous wrote:Anonymous wrote:Honestly, with the additional info, I switch my vote to no. Your kids are young still. Four days a week in the office plus travel means you will see them a ton less. You have “been responsible for all the kid chauffeuring” (why??) but now your spouse is going to be super flexible and do it all? It seems wishful.
This is honestly my biggest fear. When we talked about it, he said we would have to hire a nanny. I was like… or you could do more? That had apparently not crossed his mind.
Anonymous wrote:Anonymous wrote:Honestly, with the additional info, I switch my vote to no. Your kids are young still. Four days a week in the office plus travel means you will see them a ton less. You have “been responsible for all the kid chauffeuring” (why??) but now your spouse is going to be super flexible and do it all? It seems wishful.
This is honestly my biggest fear. When we talked about it, he said we would have to hire a nanny. I was like… or you could do more? That had apparently not crossed his mind.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Let’s talk numbers? How much do you make now and how much more will you make? What benefits are you foregoing (like less vacation time or like fewer options for dentists).
Does spouse work, anytime you change jobs there is a risk it won’t work out, especially if you are jumping industry etc for a stretch role.
Finally how old are kids — our kids are teens and we are busy almost every afternoon into the evening we are running the kids around. Maybe they more capable of doing laundry and chores but we found 9-16 actually needing even more flexibility then the daycare years for instance.
Total comp now is about $315k. New total comp would be $375-400k.
Benefit changes would be more expensive health care, less vacation time, less retirement match. Flexibility changes would be most extreme - right now I mostly work from home and set my own schedule, although I do work some nights and travel a fair amount. Nights and travel would be the same - but I would be in the office four days a week with set hours. I think I could push for a bit of flex on the hours, especially because my work involves a lot of outside events and meetings.
Spouse works but could switch to a very flexible schedule. Involved parent, but I have been responsible for all the kid chauffeuring and such given my job now. Kids are late ES and have tons of activities but we live in a great, engaged community.
That is a good comp bump, but you have to accept you would be more absent from children’s life going forward.
Are you the DW? Though a DH can step up and do a lot of kid wrangling, there will be some exclusion from other parents if he is primary, but that ages out in middle school when kids call the shots so should be manageable.
Seems pretty worth it with that caveat — and could you speak to how much vacation you lose and why job security is so much riskier?
Leave would go from unlimited to the standard 20 days. Job security is just what it always is - what if I’m not great at it?
Anonymous wrote:Anonymous wrote:Honestly, with the additional info, I switch my vote to no. Your kids are young still. Four days a week in the office plus travel means you will see them a ton less. You have “been responsible for all the kid chauffeuring” (why??) but now your spouse is going to be super flexible and do it all? It seems wishful.
This is honestly my biggest fear. When we talked about it, he said we would have to hire a nanny. I was like… or you could do more? That had apparently not crossed his mind.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Let’s talk numbers? How much do you make now and how much more will you make? What benefits are you foregoing (like less vacation time or like fewer options for dentists).
Does spouse work, anytime you change jobs there is a risk it won’t work out, especially if you are jumping industry etc for a stretch role.
Finally how old are kids — our kids are teens and we are busy almost every afternoon into the evening we are running the kids around. Maybe they more capable of doing laundry and chores but we found 9-16 actually needing even more flexibility then the daycare years for instance.
Total comp now is about $315k. New total comp would be $375-400k.
Benefit changes would be more expensive health care, less vacation time, less retirement match. Flexibility changes would be most extreme - right now I mostly work from home and set my own schedule, although I do work some nights and travel a fair amount. Nights and travel would be the same - but I would be in the office four days a week with set hours. I think I could push for a bit of flex on the hours, especially because my work involves a lot of outside events and meetings.
Spouse works but could switch to a very flexible schedule. Involved parent, but I have been responsible for all the kid chauffeuring and such given my job now. Kids are late ES and have tons of activities but we live in a great, engaged community.
That is a good comp bump, but you have to accept you would be more absent from children’s life going forward.
Are you the DW? Though a DH can step up and do a lot of kid wrangling, there will be some exclusion from other parents if he is primary, but that ages out in middle school when kids call the shots so should be manageable.
Seems pretty worth it with that caveat — and could you speak to how much vacation you lose and why job security is so much riskier?
Anonymous wrote:Honestly, with the additional info, I switch my vote to no. Your kids are young still. Four days a week in the office plus travel means you will see them a ton less. You have “been responsible for all the kid chauffeuring” (why??) but now your spouse is going to be super flexible and do it all? It seems wishful.
Anonymous wrote:Honestly, with the additional info, I switch my vote to no. Your kids are young still. Four days a week in the office plus travel means you will see them a ton less. You have “been responsible for all the kid chauffeuring” (why??) but now your spouse is going to be super flexible and do it all? It seems wishful.
Anonymous wrote:Anonymous wrote:I have this exact dilemma but my kids are 2 and 5 so I’m keeping the flexible job for now. But in a few years I’d definitely go for option 2.
What is key I think, is knowing how much time is left in your career, and knowing you have to do something that will open up other opportunities at some point - opportunities may disappear if you stay comfortable too long and age out. (No clue your age but just general advice)
It really doesn’t get much better with older kids unless you subject them to an 80s style latch key childhood.