Would you turn down a 120K job offer?

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steppinthrax

Diamond Member
Jul 17, 2006
3,990
6
81
Got an offer from a company after 2 interviews. Even though it's 10K more than what I"m making, don't feel right about the organization.

-No opportunity for management
-10 miles further away
-Sit in front of the computer coding, no business involvement...
 
KeithTalent

KeithTalent

Elite Member | Administrator | No Lifer
Administrator
Nov 30, 2005
50,231
118
116
Your question sucks; it should be "would you work at a crappier place for 10K more in salary"?

KT
 
PricklyPete

PricklyPete

Lifer
Sep 17, 2002
14,582
162
106
Yes. Less than 10% increase and you have doubts. I wouldn't even waste a brain cell unless there are advantages you are not expounding on.
 
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spidey07

No Lifer
Aug 4, 2000
65,469
5
76
You normally jump for 20% or more. 10% isn't worth it, especially if you have reservations.

Thing is, would you take it for a 25% jump? If so and if it comes down to it and they say name a number throw out 50% more than you're making now. If anything you'll find out what you're really worth.
 
purbeast0

purbeast0

No Lifer
Sep 13, 2001
53,631
6,508
126
i turned one down a few months ago, which also included a $5k signing bonus.

so yes.
 
H

Hoober

Diamond Member
Feb 9, 2001
4,413
58
91
dmcowen674 said:
Yep another 1%er Alert

This site has become a magnet for most of the 1%ers in the U.S. apparently.
Click to expand...

Hard to be in the bottom when you're smarter, harder working, and have the drive and intelligence to put you in the top 1%.
 
HamburgerBoy

HamburgerBoy

Lifer
Apr 12, 2004
27,111
318
126
Vdubchaos said:
Begs the question

Why are you even looking if you are already making 110k???
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Main Rig |Lian Li PC-K58W| Antec 750W HCG-750 |Intel 2500k SB |Gigabyte GA-Z68X-UD3H-B3|Patriot 2x 4GB| 2x MSI 460 1gb Hawk in SLI |Seagate 250gb|Samsung 24" 2433BW|Logitech MOMO|
PC 3 |Ultra Aluminus|Ultra 500PS|Intel E8400 3.0|Gigabyte GA-EP45-DS3L|OCZ 2x 2GB| VisionTek 4870 512mb |Seagate 250gb|Dell 20.1" 2007fpw|
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lol
 
S

steppinthrax

Diamond Member
Jul 17, 2006
3,990
6
81
Hoober said:
Hard to be in the bottom when you're smarter, harder working, and have the drive and intelligence to put you in the top 1%.
Click to expand...

120 is not even 1%, I would put that at least on 20% or so, 1% is like 500K, someone correct me if I"m wrong....
 
D

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
Obligatory: "why take a pay cut to change jobs?" :)

. . . though $120K actually would increase my base pay.

It sounds like your only reason for taking the job is the pay increase, and it's worse in other ways.

Money isn't everything. At some point having a little more in your brokerage account is just a number. It doesn't improve your life beyond adding a tiny bit of security.
 
J

jagec

Lifer
Apr 30, 2004
24,442
6
81
spidey07 said:
Some people have drive and ambition and would rather further their career and move it forward. Forward = more money.
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That depends on what you want to get out of a career. Many politicians, for example, make less money when they're in office than before they were elected, but they wield much more power. Other people give up a higher-paying job for a chance to do something that they enjoy doing more, or for a position that pays less but has more opportunity for advancement. It's not as black-and-white as "forward = more money".

In the case of the OP, for example, part of the reason that we're telling him not to go for it is because it pays more, but has less opportunity for advancement down the road.
 
M

mshan

Diamond Member
Nov 16, 2004
7,868
0
71
steppinthrax said:
120 is not even 1%, I would put that at least on 20% or so, 1% is like 500K, someone correct me if I"m wrong....
Click to expand...

"The price of being a One Percenter might seem like a simple number. For income, it’s around $380,000 a year. For wealth, it’s a total net worth of $8.4 million.

But those numbers are for the total U.S. population and don’t take into account people’s local economy. Making $380,000 might make you feel wealthy in South Dakota, but not in Manhattan.

There are also big differences in wealth cut-offs depending on age.

According to data from the Federal Reserve (learn more), first highlighted by Scott Burns of the Statesman Journal, the cost of being in the top one percent for income escalates dramatically as people get older.

For people in their 40s, it takes a total net worth of $5.8 million to get into the one percent. For people in their 50s, it takes nearly $10 million. For people in their 60s, it takes around $11.6 million."
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http://www.cnbc.com/id/48800646/6_Million_Gets_You_Into_1_at_40_But_Not_at_60
 
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jagec

Lifer
Apr 30, 2004
24,442
6
81
steppinthrax said:
120 is not even 1%, I would put that at least on 20% or so, 1% is like 500K, someone correct me if I"m wrong....
Click to expand...

For household income, the 1% line is $383k, and $120k is in the top 15%.

So not too far from your estimates.
 
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