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40k is significant but so is being happy and having the working setup you want. If you are a person who knows you prefer working at home saving all that time getting dressed and being in a car to go to an office can be worth more than that. Also why leave a job you’re “fully happy” at?
I know the feeling of being afraid to leave money on the table. Money can make life a lot easier. But if you're paying your bills at 140K and you really like where you are, then will that extra 40K really make that substantial of a difference, especially when there is a nonzero chance you end up not liking the new place as much?
I'm sort of in the reverse boat myself: I'm about to accept an offer at a firm that will pay me the same salary but is fully remote and does way more of the kind of work I want to practice in with a slightly lower hours requirement. And all those things outside the money are what make the jump worth it to me.
I've had people forego roles like this, only to hear two months later that they will no longer be remote. So, do you have a guarantee you will always be remote?
How long after joining did you jump ship A5?
I think the wardrobe and commuting costs might wipe out the pay raise
Beat me to saying it, but that’s exactly what I was about to say.
No even though I’d make sure remote was truly off the table
I would absolutely NOT do it. 40k isn't worth your happiness or peace of mind when you are in a good position. Money begets money, and happiness begets happiness. You sound like you have happiness, and that's invaluable.
Thanks everyone, I’m staying put!
Why not just negotiate for the new role to be remote?
No it is not. Money is not everything, Being happy in your position and earning a living that meets your needs is a blessing. If money would be the only motivation for making the move you might want to think long and hard about it. Can an extra 40k replace a good situation? There is no guarantee that you will fill the same about the new position. Good luck.
It really depends on your financial situation. $40k isn’t insignificant, but after tax its not a crazy amount.
If you can negotiate for remote, I’d really push for it. Of course, this is assuming you want to be remote. I’d sign up for fully remote for $140k yesterday if I could (and I’m in biglaw), but I really care about remote. Some people like being in the office and it can even be a plus.
I really don’t need the extra cash, but it would be nice to have more to contribute to my retirement account. As far as finances go, I only have a mortgage on my investment property, and my only other expenses are food, gas, property taxes, and homeowner insurances. I feel behind on my retirement account, but also happy to have a second property that brings in cash flow, and getting ready to buy another property next year.
An extra $40k for "hybrid/negotiable remote?" You know that means "in the office WAY more than you want to be." That was one thing when getting up, showered, dressed up, driving in, and being a reasonably pleasant person for 8-10 hours a day before driving back home was all we knew. But after rolling out of bed and working in sweatpants with the dog on your lap and only having to be "ZOOM presentable" from the waist up during hearings or meetings, going back for only $40k is madness.
if ur not growin’ ur dyin’
That's a BigLaw bowl comment, lol. In this one people don't glorify the grind as much (which is a nice break).
Stay fully remote
What is the earning potential for your current role? And do you have a guarantee that you will always be remote?
Bowl Leader
It also depends what your YOE is. If you’re a midlevel or higher, 140 is very underpaid so 180 could be right-sizing your comp.
I mean are both jobs equal in terms of workload and expectations?
Well in that case the conversation shifts to what is better for you long term.
Chief
If you were fully happy why were you interviewing?
Chief
In that case, if you are truly happy and you are financially comfortable, I'd stay put. That other job could turn out to be a nightmare, you never know, and it doesn't sound like it's worth the risk
No. It’s what I would have done.
Ya’ll really be out here chasing them crumbs like this? Fifth year, big law make $480k. Ya’ll need to hang up the phone with them recruiters and find a way to go back to law school or sump.
Ridiculous out of touch comment.