Your Next Job: What Does it Really Pay?

Your Next Job: What Does it Really Pay?

Avatar photo Jeff Gipson | August 24, 2015

Benefits will be a core element in your selection whether to accept a new position. Having said that, few people take the time to really grasp their financial decisions, mostly because there are so many concealed variables, such as cost of living, benefits, and so forth. To help you put your choices into perspective, use the following guide to evaluate your potential benefits package with what you’re currently earning.

Position Benefits Guide
Directions: Compare the economics of the old and new job.

 

Current Job

New Job

Element to Consider

$ $ Base salary
$ $ Bonus, commissions
$ $ Additional perks
$ $ Profit sharing potential
$ $ Value of stock or equity
$ $ Pension
$ $ 401(k) contribution
$ $ Reimbursed expenses
$ $ Cost of living differences
$ $ Moving expenses
$ $ Travel expenses
$ $ Insurance premiums
$ $ Property taxes
$ $ State, local taxes
$ $ Sales taxes
$ $ Other expenses (specify)
$ $ $ Difference (+/-)

In spite of where benefits rank on your list of priorities, it’s a superb idea to know what you might be getting into when confronted with a career decision.

About the Author

Avatar photo
Jeff Gipson
Jeff Gipson Sr. is a veteran of the staffing industry, with more than 30 years of experience. He got his start working for an international staffing organization where he focused on information technology placements across the country. In July 1992, Jeff continued his staffing career with a St. Louis based information technology staffing company. There, he was strategically involved in launching the organization’s first branch office — and subsequently three additional branch offices over the next several years. In July 2000 Jeff made another move — this time to launch his own staffing company, continuing his IT focus. In 2003 the organization was reinvented. Relying on his earlier sales career in the insurance industry, the company changed course and began building the firm around the insurance industry. The company continues to put all their energy in the insurance sector filling positions of all titles across the country. Jeff and his wife Carolyn have been married since 1980. They have three children and seven grandchildren.
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