At this point you could offer me 500% and I probably wouldn’t budge. I’m saving 85-90% of my net salary already, and have reached my coast-fire number, so I really couldn’t be bothered to change a running system.
I’m probably closer to 50%. I like my team and all and I’m basically coast-FI as well (should be retired by mid-50s w/o any more investment), so gambling on a new team isn’t particularly interesting. I should be FI within 10 years, and a 50% increase in salary would cut that by ~3 years, which isn’t a ton, but it’s not nothing.
That said, there are some non-monetary reasons I might accept a different job offer:
within biking distance
more interesting work
a lot more PTO (I get about 3.5 weeks, should be 4.5 weeks next year)
more flexible hours - I’m interested in dropping to 20-ish hours/week at some point
I could probably get 20% more by switching if I put some effort in, but that would only change my FI date by a year or so, and that’s not worth it if I end up hating the team.
My problem is basically every job opening I see gives less PTO than my current role (5 weeks, plus the company is shutdown the week between Xmas and NYD).
Yeah, I might be able to do a little better on PTO, but only by a couple days. We get 3 weeks vacation, 2 days “PTO,” and 12 company holidays, which is pretty competitive. I could also negotiate more days if I wanted, but I don’t see the point when I can just take unpaid time off at my current job.
But honestly, even then I might not bother switching. I can see the finish line, so I’d prefer to just stick it out instead of gamble.
I got 30 days paid leave and unlimited sick leave, work 100% from home and can work remotely without the need to confirm with anyone. I’ve been traveling 4 weeks in Malaysia this year, 2 weeks in Thailand and 2 weeks in India, and only used 5 leave days for some actual flight days that didn’t fall onto weekends. It’s really hard to beat, I can schedule my time whichever way I see fit, with the exception of a handful of fixed meetings I have on a weekly basis.
That sounds awesome, and might get me to switch from my current job.
But next year, I’ll have 22 days off, which is pretty close, 2x in office (not strictly mandatory, just need to give notice if I WFH), and my boss is really flexible about remote work (we’ve had people work remotely for 1-2 months at a time). Not quite as nice as your gig, but in the same ballpark.
Reposting from last week, since I posted late in the week…
What percentage salary increase would it take for you to accept a new job, assuming you are happy with your current job?
At this point you could offer me 500% and I probably wouldn’t budge. I’m saving 85-90% of my net salary already, and have reached my coast-fire number, so I really couldn’t be bothered to change a running system.
I’m probably closer to 50%. I like my team and all and I’m basically coast-FI as well (should be retired by mid-50s w/o any more investment), so gambling on a new team isn’t particularly interesting. I should be FI within 10 years, and a 50% increase in salary would cut that by ~3 years, which isn’t a ton, but it’s not nothing.
That said, there are some non-monetary reasons I might accept a different job offer:
I could probably get 20% more by switching if I put some effort in, but that would only change my FI date by a year or so, and that’s not worth it if I end up hating the team.
My problem is basically every job opening I see gives less PTO than my current role (5 weeks, plus the company is shutdown the week between Xmas and NYD).
Yeah, I might be able to do a little better on PTO, but only by a couple days. We get 3 weeks vacation, 2 days “PTO,” and 12 company holidays, which is pretty competitive. I could also negotiate more days if I wanted, but I don’t see the point when I can just take unpaid time off at my current job.
But honestly, even then I might not bother switching. I can see the finish line, so I’d prefer to just stick it out instead of gamble.
I got 30 days paid leave and unlimited sick leave, work 100% from home and can work remotely without the need to confirm with anyone. I’ve been traveling 4 weeks in Malaysia this year, 2 weeks in Thailand and 2 weeks in India, and only used 5 leave days for some actual flight days that didn’t fall onto weekends. It’s really hard to beat, I can schedule my time whichever way I see fit, with the exception of a handful of fixed meetings I have on a weekly basis.
That sounds awesome, and might get me to switch from my current job.
But next year, I’ll have 22 days off, which is pretty close, 2x in office (not strictly mandatory, just need to give notice if I WFH), and my boss is really flexible about remote work (we’ve had people work remotely for 1-2 months at a time). Not quite as nice as your gig, but in the same ballpark.