Quote:
Originally Posted by Sylvanfan
I tried to solve what some would call a revenue problem by considering a different job. So it would be a theoretical 7% increase in pay. But for a loser like me that's only 580 a month. It's not a work from home job, but has better benefits. Probably a touch more growth opportunity. My estimate is that driving work that often will result in $240 a month of increased expenses which I think is an underestimate on my part. So after taxes in the end I'd only net like $140 a month and give up a lot of flexibility that I currently have. Plus it's 4 plus hours a week for commuting too that I don't have right now.
So looks like I need like at least a 10% increase to actually see any tangible gain if I was to go back to working in a office. Or find one a lot closer to where I live. Would be easier to see if my current employer can increase my pay by $200 a month. But shows how much I really need to fix myself if I want to get back to where I was two years ago and stop falling behind the pack.
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You're absolutely not a loser.
In addition to the other poster's great comment about the value of the benefits, also keep in mind that future pay increases at this job will come from a larger base salary. That might not immediately feel that life-changing, but it adds up.
Just as a hypothetical, if you got a future 10% raise from this job versus your current, that would leave you at 1.18x your current salary versus 1.1x. That 7% raise grew by another percentage. That might not sound like much but if you're taking home 100,000 that's another grand a year which means now your annual cell phone plan is free!
At least for me, framing these little incremental gains in a positive light always felt good. Plus it'll keep adding up.