I currently work as an engineer for the utility industry and have been offered a position as a project manager in healthcare. The base pay is the same as what I’m currently getting. But I’d be losing out on a bonus I’d be getting soon, pension plan, 401k matching and I also would have to pay back money for tuition reimbursement. I’m really tired of my current job but I feel like the offer isn’t good from a financial perspective. Any tips or insight that could help? Should I try negotiating?

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Ask for a 20% salary increase from the offer and find out whether the healthcare company also matches 401k. If it’s a good healthcare company then it should come with good benefits as well.

likeuplifting

Thanks for your response! I was aiming to ask for a 20% increase as well! They’ve temporarily discontinued their matching program due to Covid so that’s a downside for now.

Can't hurt to try to negotiate

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You can definitely attempt to negotiate. Although you are tired of your current job, it sounds like you would be losing a lot. I encourage you to think long-term.

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