Got a job offer letter, but am conflicted. Should I negotiate for more?

I will have to move from California to the Midwest. I have 4 years of experience in the industry. Their base salary offer is $75k. One time signing bonus of $7500. Eligible for annual bonus that is equivalent to 15% of base salary based on company performance.
I've only been a contractor, so I'm not sure if this is a good offer or not. I'm pretty anxious about moving.

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That 75k will go a lot further in the Midwest than you'll ever get in California. Ask for 10k more to cover moving expenses and relocation and uprooting of your entire life. If it's a company you can see yourself with for 5 years do it. If it's a fly by night job don't move unless you know it's a stable change for you.

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Where in Cali? Where in the Midwest? A $75k salary is equivalent to about $40k in the Midwest.

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I agree. After taxes you'll be lucky if you Net 40k a year.
Also doesn't California have free Healthcare?
In Wisconsin private insurance premiums I feel are high but I have nothing to compare it too.
So you'll have to figure what those costs will be. And expect that to be deducted from your pay as well. II would recommend you ask your employer what the insurance premium costs to the employee are?

I just heard a commentator say that the average median cost for a home nationwide is $400,000 and would require an income of $110,000 per year.

As others have mentioned, you did not specify where in the Midwest, but you might try looking up the cost of living comparison calculator on bankrate.com. I used that when I was considering moving out of state to see the pricing on basic household goods, utilities, and housing costs.

Also, as was also mentioned, whether or not you have a support network and whether or not there are more employers in the area in case anything happens to your job.

You can also have it written into the agreement/contract that if they lay you off within two years that they are required to pay for your return relocation to where you moved from . At least you would get back to where you have friends and family or other contacts.

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NFW.

You don't say what you design, but I suspect that in 2025 you work with software, not with plasticine. As such:

* A company that requires you to relocate for no legitimate reason has a regressive culture and a disdain for employees

* You don't qualify "Midwest" but especially today this sets off alarms: there's a good chance you would be living among and working with Trumpers, and when secession happens you'd be on the wrong side of the border.

funnylike

$75K in California is simply not a livable wage. I lived in Kern County, the cheapest county in the state, and despite making $75K, I was laid off in August due to an acquisition. To make ends meet, I had to move in with family. Since then, I relocated to Texas, but honestly, I don't like it here. The culture isn't as positive, and I miss the friendliness of California, where people respect your privacy and aren't always in your business.

Yes, taxes are high in California, and no, there is no free healthcare. The options are either through the ACA (Obamacare), applying for indigent benefits, or employer-provided healthcare, which often covers very little and comes with a hefty price tag.

In my opinion, if you're considering staying, keep searching for another job. Rent in Los Angeles and surrounding areas is astronomical—on average, $2,600 for a 1-2 bedroom apartment, and that's in some of the older neighborhoods.

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Money aside, will you be satisfied with the change in scenery? This is one of the main reasons people move back to the coasts

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Do you feel you deserve more money?

If yes, then absolutely negotiate.

If no, then accept the offer.

But don’t negotiate just because someone said “always negotiate.” That is silly. Negotiate with a purpose.

smart

If you’re willing to uproot yourself from cali for $75k, I shudder to think what you’d do for $400k… kidding aside, you might find it harder to lateral in the future with a small market network

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What are you making now that you’re willing to relocate for such a small amount ?? Do some research before you move. 75k doesn’t go that far anymore no matter where you live. My son lives in WI and he makes almost that and he lives modestly and barely gets by. Granted he saves for his future but $75k to move seems like it’s not worth it.

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I've only been a contractor since graduation, and the hours I get are very inconsistent. $75k with benefits for me is good for me compared to that. I do have a lot of anxiety about moving, but it would be nice to have an actual fulltime role for once. I think $75k seems pretty average for a visual design role

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Ask how the company performance has been the past few years. Are you basically all but guaranteed that 15% or does it never happen?

Are you guaranteed employment in writing to be there at least five years? If not, what happens if they lay you off after a year or so? I was offered a job at a company, really liked the hiring manager. A month after accepting it, he left to go to another company. (Not cool— had to figure a lot on my own. A year later, an internal person took over. She was horrible and didn’t know jack about my job. Then Covid hit and I got laid off. Thank goodness I didn’t move and was commuting.

Depends on the compsny and role.

Always counter with some rationale for why

It’s a tough call, but I would probably do it just to get out of California

75k in CA is nothing. 75k in Ohio, Indiana, Kentucky, Iowa Missouri, will take you pretty far. Avoid Illinois, unless you really like paying California tax rates for nothing. Cleveland, Columbus, Cincinnati, Louisville, South Bend, Indianapolis, Davenport have some great amenities and cultural life. I used to live in Cleveland and now I miss it so much. Starting out I feed my family, bought a house, had money in the bank on 40K in Cleveland. Unless you really love the Sh*$show that California has become take the opportunity to go Midwest. I'm in Eastern PA now. It looks pretty in the mountains, and that's all. Taxes are terrible, the high cost of living is only surpassed by New York. Wilkes Barre is the happening town (note; "town"). Philly is okay to visit, very nice Chinatown, but expensive to live there. NYC is 2 hours away and $30 in toll road fees. The place smells worse than the late 70's.

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