Submitted by PopeWallace t3_z8neb0 in personalfinance
PurpleVermont t1_iyf9log wrote
What about Paid Time Off?
Assuming the same, I'd say job 2 has a slight edge. Assuming 1950 paid hours per year with no weekends, the hourly rate comes to $66,943.50. 10.5% into a retirement fund adds another $7029.06 for a total of $73.972.56. That's $1027 less than job 1, but no commute 2 days per week probably more than makes that up financially, not to mention quality of life (time you don't have to spend commuting) though the full analysis of that depends on how bad the commute is. And job 2 has the potential for bonus weekend pay, assuming that's not a quality of life negative for you.
The real question is where do you have the better potential for advancement and raises. What are each of these going to be paying you next year, and 5 years down the line?
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