Career advice

[WaitingToExhale]

In my experience don’t take a lower paying job on the promise of an IPO. If you don’t like sales, or for another reason want the other job (like you have a kid and want to be home more often w/o the overtime, etc), then that might mitigate things. But if you like what you are doing, you’d be giving up $130K over the next two years alone for a lottery ticket.

[nostradamus]

CONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.

I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!

[nostradamus]

CONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.

I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!

[nostradamus]

CONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.

I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!

[nostradamus]

CONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.

I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!

[nostradamus]

CONCHO you’re right he’s doing well, but after my simplistic math (even if he’s paying 35% tax and maxing out the 401k at $15.5k) he should be taking home at least $6700 per month. I have lived quite comfortably for some time now on $2.5k per month (single and in a decent condo, with many toys and vacations) while I save the rest of my income.

I guess the rest goes to the wife-2b. Anyhow, my point is: pinch every penny!

[nostradamus]

My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.

Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.

You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.

 

[nostradamus]

My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.

Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.

You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.

 

[nostradamus]

My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.

Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.

You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.

 

[nostradamus]

My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.

Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.

You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.

 

[nostradamus]

My gross pay of about $6,000 twice per month gives me a net pay of only about $3500 twice per month. Damned taxes! It's enough to make a die hard liberal like myself turn conservative! I live pretty frugally, actually.

Ha, my "simplistic" math was only off by $300!!! My guess was you take home $6700 per month but you're taking $7k. Yes, damn the taxes. I wonder if there's some kind of tax break you can take for the wife-2b's tuition. Or maybe you have to get married to take the tax break.

You should definitely negotiate with the company. What they're calling a promotion is a euphemism for a pay reduction with the accompanying enslavement of golden handcuffs.

 

[CogSciGuy]

Yes stansd, it is a bit much.

But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.

[CogSciGuy]

Yes stansd, it is a bit much.

But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.

[CogSciGuy]

Yes stansd, it is a bit much.

But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.

[CogSciGuy]

Yes stansd, it is a bit much.

But most people in my position here who have management options are making substantially less, maybe $75-$95K including OT, so the promotion isn’t such a sharp pay cut, and sometimes it’s even a raise. Current pay just isn’t much of a factor in determining the new mangager’s salary. They get $65-$75 to start, period.

[Author]

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