What increase in total comp would you need to be offered to leave your current job?

From a scale of 1-5 where 1, you tolerate your job and 5, you love it, I feel like the following would apply:

1 - 5% increase
2 - 10% increase
3 - 15% increase
4 - 20% increase
5 - 25+% increae

Thoughts?

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A lot depends on the current pay you have and considering inflation prices.. less than 20% isn't really a significant raise.. BUT less than 20% would probably help people "keep up". Also considering some places haven't given raises in 3- 4 years (cough cough - Accenture) anything may be better than nothing as you lose money year over year if you stay. I say this even if you LOVE your job and the people, bills still need to be paid and you need to thrive not just survive. 🤷‍♀️

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You should post this as an actual poll by the way.

Quite honestly, I do like my job, and I’ve liked all my previous jobs, but that has never mattered. No matter how I feel about my current job, I’d never for anything less than 20%. Anything less than 20% is just never worth the hassle and the learning curve. Also, in the past, I’ve never gotten anything less than 30% with new opportunities.

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No a paycut is never worth it lol. If they don’t value you enough to pay you your worth and pay you within the market range when they promote you, it says a lot about their company culture. They don’t value good talent and they are just taking advantage of people.

Lateral moves are only worth it if you are looking to pivot your career and the new job provides you the opportunity to do that. Also, if your current department is toxic then maybe make the move then too. Other than that, I wouldn’t recommend making a lateral move.

I’m at a 4 but I’d probably jump for15%

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I feel like I’m on a pretty good path at my job. It might take me a couple more years but my salary will increase more than 25% if I stay at this job and who knows if or what growth I will see if I leave.

At some point jumping isn’t worth only 2 years of working at a higher comp so at this point in my career it seems short sighted.

If something happens and I no longer enjoy the work or see a solid future I’d leave for a company that is a better fit even if it isn’t more money.

I guess I’m old now and past the point where money isn’t the driving factor in my decisions.

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4.5 and a 20% increase, more if WLB were to be greatly impacted.

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Willing to take a pay cut if the work is interesting. Hate my current job.

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Would be quite difficult at my level of comp. I’m a principal at KKR and made about $4m last year. Of course, my health has greatly suffered from the immense hours and pressures of the job so I may just end up spending a lot on healthcare bills in my old age. I’m also unmarried and have no kids or partner which I sometimes wish I had. Overall though, I can’t complain, it’s nice to have financial freedom. It is true what people say though, your lifestyle doesn’t really change a lot after a certain income level. I always thought I’d buy exotic cars, private clubs, a small yacht, etc. however, I work so damn hard for this month that I don’t want to spend it on something which will only further increase my stress (since now I’m more dependent on my income to maintain that new lifestyle) and is also very likely to desensitize me eventually.

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