You’re a couple months away from becoming vested in your 401k, but there’s tons of jobs opening up at other agencies. Do you hold out a few months then bounce?

like
Posting as :
works at
You are currently posting as works at

Yes

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Absolutely. Compounded interest is a real thing. So if we're talking 3 years of back-pay dumped into your 401k, it'd be foolish to leave a few months before. You've earned that money. Make them pay it to you.

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An old coworker just went through this. The offer came in over a month before she was fully vested so she figured out how much money she’d lose and asked the new agency to either tack on that amount or push her start date back. They did both.

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Hey uh what’s the name of the place they went? Not that I want to know or anything

Do the math of how much you’re giving up, and go through the recruiting cycle(s). You may find the job you want now will already make up the difference in 1-2 years or you can negotiate a bonus.

If not decline gracefully (which is totally fair) and you have a firm assessment of your value and practiced your interview skills for when you go on the search again in a few months.

Yea, hold out.

How much money would you stand to lose if you leave early? Over $10k?

Yes

Yes wait. Depending on the amount of money you’re walking away from that’s good cash.

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