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hey all. So I'm going through the process of obtaining a new job that pays, roughly $12k a year more than my current job. Here are the pros and cons
New job pros: higher wages. $12k a year bump!
Better benefits
New job cons: mandatory OT weekly.
A 45-50 minute commute one way vs. a 15 minute commute now.
Mandatory works holidays
Crappy hours.
Daycare will cost us $700-$800 monthly.
So, the fact we will have to pay for daycare is nearly a deal breaker for me until wife graduates college. As it is, our schedules mesh PERFECTLY with my daughters. Someone is always home, with the exception of a few hours per week of overlap that my wife's mom can babysit. The new job would require us to rely on daycare as a primary means of babysitting. Not to mention the fact that I would miss the first and second Christmas with my daughter. So, I'm weighing my options, and finding I should hold onto my current job, for now. Am I stupid for doing this?
hey all. So I'm going through the process of obtaining a new job that pays, roughly $12k a year more than my current job. Here are the pros and cons
New job pros: higher wages. $12k a year bump!
Better benefits
New job cons: mandatory OT weekly.
A 45-50 minute commute one way vs. a 15 minute commute now.
Mandatory works holidays
Crappy hours.
Daycare will cost us $700-$800 monthly.
So, the fact we will have to pay for daycare is nearly a deal breaker for me until wife graduates college. As it is, our schedules mesh PERFECTLY with my daughters. Someone is always home, with the exception of a few hours per week of overlap that my wife's mom can babysit. The new job would require us to rely on daycare as a primary means of babysitting. Not to mention the fact that I would miss the first and second Christmas with my daughter. So, I'm weighing my options, and finding I should hold onto my current job, for now. Am I stupid for doing this?
Short to are you crazy... Maybe
Long answer...
That 1000.00 is before the increased taxes? If you have to 800.00- now it a 400.00 increase. But is this day care cost at the university? Maybe they have discount for students?
Still, have to work Christmas? And up
to 3 times the drive time?
Is the new job more exciting? Enough for the extra negatives?
Edit to add... Your family can celebrate Christmas any way, any time you want. Can make the big day the day before and still spend time when you have on the day.
Another thought, will the new lead to better a position in the future?
That 1000.00 is before the increased taxes? If you have to 800.00- now it a 400.00 increase. But is this day care cost at the university? Maybe they have discount for students?
Still, have work Christmas? And up to 4 times the drive time?
Is the new job more exciting? Enough for the extra negatives?
It's a right step in the career department. When my lease is up, I could find a house closer to work, but until the end of next year, I'm stuck where I am. Yes, the $1000 is before the taxes. Her university can provide childcare, but only on the days she goes to the university. The other days she is interning, and would need to find a daycare. We found a daycare cheaper, about $600 a month, but, it's a questionable area, so I'd rather pay more for better daycare.
As for Christmas, yes, you CAN celebrate it another day, but it's not the same. I remember those Xmas's when my dad was working. It didn't matter if we celebrated it the day before or after, it just wasn't the same.
It's a right step in the career department. When my lease is up, I could find a house closer to work, but until the end of next year, I'm stuck where I am. Yes, the $1000 is before the taxes. Her university can provide childcare, but only on the days she goes to the university. The other days she is interning, and would need to find a daycare. We found a daycare cheaper, about $600 a month, but, it's a questionable area, so I'd rather pay more for better daycare.
I don't understand why the internship wouldn't count as a student based classload and qualify for the day care.
I agree with you,go with the higher quality day care!
As far as Christmas- at age one and two, your daughter won't know the difference. You will though.
Look at the pros and cons and weigh the importance of each. For example, those overtime hours will take you away from your daughter more than Christmas.
Play devil's advicate... You take the job, how do rewards stack up against the hardships... And then turn it around... You don't take it, how long before another job come around...i.e. How long has it taken to find this one.
If you keep leaning one way or the other, there is your answer.
The extra $1k a month after taxes will be around $800
$700 of that will go to daycare. The other $100 will go to gas.
Add to that the fact that you are working holidays and extra hours.
You will actually lose money if you really think about it from an hourly standpoint
Adding 5 extra hours per week to your commute time is also going to really suck
If moving closer to the job is a possible and if the job really will boost your income over the next
couple of years than I say go for it.
I personally would stay put and wait for your wife to finish school.
Do not burn the bridge with the job that you just interviewed for.
Find someone to keep communication open with them. You never know what may open
a year from now.
Well, I wouldn't be able to move for a bit over a year, and anything before that timeframe is near impossible without spending thousands of dollars. Right now, if I took the job, the daycare costs alone would ruin us financially. After my wife graduates and finds a job, which will be fast because she will be a special Ed teacher (very high demand), it would be safer for me to job hunt. I just hate searching for a job, jumping through all of the hoops and make it this far only to turn it down. I COULD technically take it, but I like being home with my new family. My daughter is only 2 months old, but I've never known the happiness she brings me. And it's true, at that age, she won't even notice I'm gone for Christmas, but I will and my wife will. Ok thanks all, I've made my mind up.
*longer commute
*daycare payment you break even
*mandatory overtime
*you work holidays
If I were in your shoes I would stay put.
Yea, that's the conclusion I came to. If it weren't for daycare, it would pretty much be a nobrainer.
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