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I currently work for a consulting firm in Maryland making 60k/yr. I've been out of university and have been at my job for 2.5 yrs now. I have always wanted to move to NY and have decided to take the next step and do it.
I am about to begin searching for jobs, but had a few questions that I hoped you guys could answer. I'm sure i'll get a small pay increase just from swapping companies alone, but now the question is about how much of an inrease i should expect/request for the adjustment in cost of living.
#1-What is a reasonable salary amount that I can request for? Obviously the cost of living in NYC is significantly higher than in Maryland. So when I interview I wanna make sure I don't ask for an unreasonable amount...or even worse, low-ball myself and ask for a salary that's far less than what they're expecting to pay.
#2-Any specific websites that you guys might recommend for job searches? Any sites more helpful than others?
When I worked in NYC I received a flat rate adjustment from myState employer. This flat rate was provided regardless of salary. We received $750 per/annum distributed in bi-monthly payroll.
However, it is likely you could earn as much as 20% more than your current salary.
My wife works in a consulting firm. She started at 85,000 when we first moved here three years ago, then went up to 100,000 the next year in a different consulting firm, now to 108,000 and who knows what's next.
Go to paycheckcity.com just to see what the income tax differences will be on your current salary. NYC has some of the highest taxes in the country, so you will want to know that right away.
In my experience, early career (where you are) jobs in NYC do not pay inline with cost of living. Except maybe lawyers at top firms, MBAs, etc. If you are making $60k in Maryland, this is not you.
You should not be the first one to give a salary figure anyway, right? Let the employer do it first and see if it fits.
But if they ask you for a range...without knowing what kind of work you do...25%-30% above where you are now ($75k or so) sounds about right. But be prepared for less, depending on your field. I know plenty of college grads with more experience than you have who make around $60k in NYC. Some, even less.
Did I mention that salaries are not usually inline with cost of living?
I've found careerbuilder, hotjobs, monster to all be about the same. Consider contacting some NYC recruiters in your field. They can be very helpful.
I think youll probably want double the salary cause costs of living is that much higher. Depending where in NYC you want to live, expect studios to be anywhere from $200k to over $500k in a safe neighboorhood. If the salary increase is not enough to afford even a studio, stay in Maryland.
Where in MD does the topic creator live? Parts of MD in Montgomery County are more expensive than most of NYC.
Being that he is currently making $60k, I would guess he wouldn't be living in that area.
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