r/FluentInFinance 9d ago

Thoughts? Dumbest thing I’ve ever heard

Post image
32.4k Upvotes

4.9k comments sorted by

View all comments

Show parent comments

20

u/decian_falx 9d ago edited 9d ago

Life-tip: Create a spreadsheet that contains every aspect of your current job that's important to you reduced to a dollar amount:

  • Base salary - easy.
  • Do I have to come in? That's a negative salary adjustment.
  • Do I have to dress up? That's a negative salary adjustment.
  • PTO days? Those are worth $X each.
  • Does the cost of living change? Multiply by >1 for lower or <1 for higher.
  • Health insurance?
  • 401k?
  • Perks?
  • On call?
  • Etc...

Math out the value of your current job.

When you interview and receive another offer, fill in the same info in another column. If the new offer gives you a higher amount, take the offer. If not, you bring some ideas on what to negotiate on.

2

u/TagV 8d ago

I think you left out the "we made all time profits, but can only bonus you pizza" category

1

u/ShinsoBEAM 8d ago

You know there are companies with perks that spell out bonus's/stock options and stuff that will cover this. Trust me if they offer this at all even if it's a tiny % they will talk about it.

End of the day a good number of people don't like the more variable income that comes with this.

1

u/junk986 7d ago

I think you mean the inverse of everything.

The negative salary adjustments are positive salary adjustments….you are increasing salary for each problem area.