A Good Job Is Worth More Than A Salary

While a salary is an important component of any job search it is not necessarily the deciding factor in determining what position is best for you. Many people stay in lower paying jobs for a wide variety of reasons rather than advancing to another job or changing employers. The reasons or factors to help you determine which job is best for you are outlined below. Decide what is important to you and your family before making a decision based on salary alone.

Benefits

Many large companies and small businesses offer a slightly lower salary but a wider package of benefits. These may include:

• Healthcare programs
• Dental or vision coverage
• Retirement programs
• Saving plans
• Profit sharing incentives

When looking at the salary, attempt to include the value of these programs into your hourly or monthly salary to determine what the true wage is.

Scheduling Flexibility

More and more companies are offering a flexible workweek to allow parents or caregivers to spend time with families and to participate in school and other activities.

If you do not have a family a flexible schedule can also help you to work a second job or do some freelance work for another company.

Daycare

Some employers are now providing daycare services for employees either on the worksite or off. This can be a great stress and cost saving benefit for employees with young children. It is definitely an increase in disposable income if the cost of daycare is removed.

Location

The location of your employment site may also be an additional factor to consider when choosing a job. A higher paying job that requires a long drive to and from work may quickly eat up the additional salary in fuel prices or transit fares. Even if the cost is not a large factor there is still the time consideration. If you have to commute an hour both ways it adds up quickly. One week would involve 10 hours of commuter time, and a year it would be roughly 450 hours of you life spent driving or riding back and forth to work.

Co-Workers and Employers

Having a professional group of colleagues that help you out and that you enjoy working with on a daily basis really makes a difference in your attitude and enjoyment at work. Even a high salary cannot offset an unhappy work environment or a workplace that you do not feel comfortable in.

It is important to consider all these factors before deciding if it is in your best interests to take a higher paying job or take a slightly lower paying job with other benefits.

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