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Gofastrun t1_jeb8z6x wrote

I would take the job assuming advances your career.

Your future comp is loosely based on your current comp. Raises are generally based on a percentage of pay. Higher paying roles usually have more responsibilities, and more responsibilities lead to promotions, until you completely top out for your ability.

So let’s say you get an average raise of 4% per year.

After 10 years

  • Job A ($42k) you will be making $56k and have cumulative wages of about $500k
  • Job B ($60k) you will be making $80k and have cumulative wages of $700k

In real life it will probably be more exaggerated because if you take Job B and you’re good at it, you’ll be promoted faster than if you stay with Job A due to the responsibility snowball.

HOWEVER if both of these are just random jobs, not careers, then this doesn’t apply. Careers snowball, odd jobs don’t.

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