Comments on: Quit Your Job Or Keep Your Job – How to Decide When a New Job’s Right for You

By: Susie

Susie — Mon, 01 Jun 2009 22:30:55 +0000

What great advice, you helped a lot in a difficult decison! Thanks
Me being the analyst I am, I went and did Rose diagrams in excel too – very useful to understand your confusing thoughts – picture really does = 1000 words – or thoughts! Thanks!!

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By: Everyday Finance

Everyday Finance — Mon, 30 Jun 2008 20:38:16 +0000

Great tool, anyone just jumping at an offer for a 20% raise is potentially making a short-sighted decision and will regret it later.

Some additional considerations should be that by leaving your current employer, you may forego pension benefits. For instance, if it takes 10 years to vest and you leave in year 8, you may be foregoing a net present value of hundreds of thousands of dollars. You should investigate this further before pulling the trigger. If this is the case, you can use this as additional leverage/data when negotiating with your prospective employer.

By: Connie

Connie — Mon, 30 Jun 2008 13:32:59 +0000

I honestly would never have thought of doing something like this, but it makes a lot of sense.

>>When you’re trying to make a big decision that has multiple factors, it’s easy to get one or two major points stuck in your head and let those drive your choice.

This is very true! With any big decision that is what usually happens – you focus on one or two things and don’t weight out the rest of the options. I like this a lot, and I will use it, just to see how it works for me next time I have a big comparison to make.

I’ll bet I could use it not just to compare benefits of jobs, but also to analyze what kind of job I am doing, vs how long it is taking / what it is costing.

Good food for thought, thanks.