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$135k in Redwood Shores is considered just barely above low income. If there's other perks to offset the low pay, then it might be worth it to you to stay. I wouldn't....
leads projects to develop software/tools for industry professionals (work nature borderlines Fintech)
pays USD 135k per year
8-hr work schedule but requires work that really can be done in 2-3 hours if done efficiently
somewhat flexible start/end hours
requires financial knowledge but with knowledge the job can be done with eyes closed
not much stress overall
26 days of annual vacation
medical, dental insurance
reasonable management team
cordial and friendly teammates
no staff supervisory responsibility
office work environment in corporate park setting
beautiful young workers all around
convenient public transportation
progressive corporate culture (stress work/life balance, career growth, reduce carbon footprint, and all those trendy stuff)
global company with decent job stability
On a 1-10 scale, 10 being most desirable, what would be the desirability of a job like this compared to all other jobs?
On a 1-10 scale, 10 being most likely, what is the likelihood of replacing a job like this with something similar in today's job market?
Trying to understand if a job like this is too precious to give up.
Talk about a subjective question! For me, this one's a non-starter. I don't know or have enough interest in the financial field. It would be a big pay cut, and more restrictive schedule. And "progressive corporate culture" quickly becomes extremely toxic if you aren't "progressive" enough for them... the moment you disagree on some critical topic, you're PNGed.
........8-hr work schedule but requires work that really can be done in 2-3 hours if done efficiently....
If you are the only employee being paid for 8 hours of work while you only do two hours, and they really need the work done, your job might be relatively safe.
If there are ten employees each getting paid for 10 hours while they do 2 hours of work, eventually, someone will notice that the company is paying for 100 hours of work and only receiving 20 hours of work for their money.. There are going to be some serious lay-offs. 75% of the workforce could be fired and the same amount of work would still get done.
Of course, even if you are the only employee, at some point a foreign worker will get your job for half the salary, unless you have job skills so unique that no one else can do your job, which I doubt.
Keep your skills up to date and be prepared to jump ship at short notice. Don't let it take you by surprise when your company decides you are replaceable.
in financial field my job is in Engineering
Leads projects to develop software/tools for industry professionals I am a Project Manager and Senior Designer
Pays USD 135k per year don't make that much, but I live in a low COL area, so it could be equivalent
8-hr work schedule but requires work that really can be done in 2-3 hours if done efficiently yep
Somewhat flexible start/end hours yep, very flexible, actually
Requires financial knowledge but with knowledge the job can be done with eyes closed replace Financial with Engineering
Not much stress overall yep
26 days of annual vacation yep, more than that
Medical, dental insurance yup, life and disability insurance, too
Reasonable management team yep
Cordial and friendly teammates yep
No staff supervisory responsibility yep, I'm no one's boss
Office work environment in corporate park setting office work, no park
Beautiful young workers all around there are some
Convenient public transportation I have cars, don't care about this
Progressive corporate culture (stress work/life balance, career growth, reduce carbon footprint, and all those trendy stuff)
got the 1st two, otherwise don't care
Global company with decent job stability global company has been in business since the 1800's
I also know many things no one else knows, which makes the chances of sticking around MUCH higher
If things go south it can be the difference between staying and going... being a "go to guy" is a very good thing
Quote:
On a 1-10 scale, 10 being most desirable, what would be the desirability of a job like this compared to all other jobs?
On a 1-10 scale, 10 being most likely, what is the likelihood of replacing a job like this with something similar in today's job market?
I've had this job for 27 years, so I'm definitely staying.
You didn't mention the company valuing experience (mine does) and they don't make you retire (mine doesn't).
That's probably not very "Progressive". They like to throw out the old guy, so I'll stick with traditional management, thanks.
Chances of finding another like it... nearly zero.
Quote:
Trying to understand if a job like this is too precious to give up.
leads projects to develop software/tools for industry professionals (work nature borderlines Fintech)
pays USD 135k per year
8-hr work schedule but requires work that really can be done in 2-3 hours if done efficiently
somewhat flexible start/end hours
requires financial knowledge but with knowledge the job can be done with eyes closed
not much stress overall
26 days of annual vacation
medical, dental insurance
reasonable management team
cordial and friendly teammates
no staff supervisory responsibility
office work environment in corporate park setting
beautiful young workers all around
convenient public transportation
progressive corporate culture (stress work/life balance, career growth, reduce carbon footprint, and all those trendy stuff)
global company with decent job stability
On a 1-10 scale, 10 being most desirable, what would be the desirability of a job like this compared to all other jobs?
On a 1-10 scale, 10 being most likely, what is the likelihood of replacing a job like this with something similar in today's job market?
Trying to understand if a job like this is too precious to give up.
I see the job is in Redwood Shores which is just a couple miles away from where I was born in 1948!
$135k sound good at first but it isn't a big ringer to some but.... take a look at the two bedroom one bathroom house where the family lived when I was born....
The far right window was my bedroom that I shared with two sisters. It was the way everyone lived in 1948.
For those who are not into the cost of bay area housing how much do you figure that luxurious home with a single car garage is appraised at?
$1.7 million. Yes, you can buy that mansion maybe for $1.7 million dollars. Not a typo.
Let's figure a 10% down payment which is only $170,000 which leaves $1,530,000 to be financed.
A 30 year loan at 4.5% will run only $7,752.29/month or only $93,027.48 but that doesn't include property taxes (at least $1,500/month) or other generally higher than average cost of living items but where else can you purchase a house like that for only $1.7 million?
I am not nearly as well paid earning a low wage of only $75,000 but running it through the this cost of living calculator
Quote:
A salary of $75,000 in Grove City, Ohio should increase to $310,399 in San Carlos, California (assumptions include Homeowner, no Child Care, and Taxes are not considered"
Salary amounts don't impress me because it is all about where you live not how much you make.
To answer your question I don't think you are being paid half of what you should be paid.
Says the guy complaining about every possible job that one can get is like Starbucks...no wonder you can’t get a job as an accountant, you are saying $135k in a high COL area is pittance and it’s only decent in flyover country. You’re completely out of touch with reality.
Clearly you don't live in Silicon Valley.
Let me guess, you're a bankruptcy attorney? You seem to want people to go bankrupt.
nicet4's post just above this post nicely shows how you are out of touch with reality.
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