Your Next Job: What Does it Really Pay?
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.