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Old 07-29-2016, 07:51 AM
 
1,193 posts, read 1,027,330 times
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My friend disagrees with me that stability is not better than more money. I believe a stable job is always better than more money because you never know when that higher paying job can come to an end. I am a fan of ongoing money which allows you to continue to save and accomplish things.

I been laid off enough times to know stability rules. Who else agree?
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Old 07-29-2016, 07:56 AM
 
Location: TN/NC
35,111 posts, read 31,388,112 times
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Definitely. That income is $500-$600/month. Going without income is much harder to adjust to.
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Old 07-29-2016, 07:59 AM
 
Location: Southern California
12,713 posts, read 15,563,439 times
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I'm not sure anyone would disagree with you.
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Old 07-29-2016, 09:33 AM
 
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Until someone gets to their ultimate salary, all jobs are temporary. I'd take the 70k over the 60k. I'm only staying 2-3 years anyway.
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Old 07-29-2016, 10:08 AM
 
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Quote:
Originally Posted by charlygal View Post
Until someone gets to their ultimate salary, all jobs are temporary. I'd take the 70k over the 60k. I'm only staying 2-3 years anyway.
But if it's unstable u may not get to Stay 3years
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Old 07-29-2016, 10:14 AM
 
13,395 posts, read 13,528,669 times
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Quote:
Originally Posted by renter16 View Post
But if it's unstable u may not get to Stay 3years
But I would be able to put 70k for my current salary and get 75k or more at my next job.


Try moving from 60k to 75k at the alleged stable job.
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Old 07-29-2016, 10:31 AM
 
2,294 posts, read 2,782,714 times
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Well, there are a couple things to consider here.

Job stability doesn't actually mean your job is guaranteed. You could have been with a company for 20 years, when out of no where someone decides to acquire you and your gone.

What's far more important is job availability within your field. If you lost your job, how easy is it to find another job? If you can easily get rehired somewhere, then sure, take the money.

If I lost my job tomorrow, I wouldn't lose a bit of sleep, I would just start responding to the headhunters. My company isn't exactly stable(stock is down about 95% over the past year) but that doesn't bother me, so given the choice, I'm up for the more money.

However if I knew that losing a job would make it almost impossible to replace one, then I would be much more hesitant to jump ship to a place where that was likely.

So ultimately in my opinion, stability isn't what matters, it's job availability in your field. If availability is high, go for the $$$.
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Old 07-29-2016, 11:06 AM
 
Location: League City
3,842 posts, read 8,278,949 times
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The older you get, the more instability takes a toll on you. If you are some kind of guru at what you do, then no need to worry. But for the rest of us, the other 99.9%, stability is better.
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Old 07-29-2016, 11:35 AM
 
Location: East Bay, San Francisco Bay Area
23,590 posts, read 24,114,904 times
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I agree.
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Old 07-29-2016, 11:36 AM
 
2,210 posts, read 3,500,336 times
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Quote:
Originally Posted by Jeo123 View Post
Well, there are a couple things to consider here.

Job stability doesn't actually mean your job is guaranteed. You could have been with a company for 20 years, when out of no where someone decides to acquire you and your gone.

What's far more important is job availability within your field. If you lost your job, how easy is it to find another job? If you can easily get rehired somewhere, then sure, take the money.

If I lost my job tomorrow, I wouldn't lose a bit of sleep, I would just start responding to the headhunters. My company isn't exactly stable(stock is down about 95% over the past year) but that doesn't bother me, so given the choice, I'm up for the more money.

However if I knew that losing a job would make it almost impossible to replace one, then I would be much more hesitant to jump ship to a place where that was likely.

So ultimately in my opinion, stability isn't what matters, it's job availability in your field. If availability is high, go for the $$$.
^^^^This.
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