Should I accept a new job offer that pays more but has less benefits?
No in my eyes benefits out weighs money
No, You should not because you will eventually end up paying for benefits. Remember you are a healthcare professional, and you will need to care for yourself!
Yes. If you do not need benefits or only need select benefits. For example, I am on my spouse’s health benefits plan. However, I would select an employer that has 401k matching (depending on the matching percentage rate).
No
I really depends on what the decreased benefits are. Medical is usually very expensive and even if you save the money for a one-time doctor visit, the savings would have to be significant. If you are talking about multiple benefits like dental and vision it could add up. In any event the amount you save should be applied to a Health Savings Account just in case. If it is not used in a specific time frame you can treat yourself to a massage or something "medically related" Many banks offer them and provide varying details on their use.
ArmadaCare
https://armadacare.com/flex-benefits
firstambank.com
https://www.firstambank.com/health-savings
https://www.bing.com/ck/a?!&&p=ca32d3709eeea548JmltdH...
Depends on your needs and lifestyle. If you need financial stability more then health benefits or future savings / retirement then yes. Just way out pros and cons
No, because I have a family
Some benefits are invaluable to an individual and others are a waste because you never use them. You don’t say what benefits you would be giving up. All benefits have a different dollar amount attached to them, and a different value to the employee based on what you do or don’t use.
What benefits you would be giving up? Do you use those benefits now? How much have those benefits paid you? Even though you have to pay a portion for things like health insurance- how much have those benefits put back in your “earnings”? For those benefits figure out how much they save you each year. Subtract that total savings from the salary of the job with less benefits to calculate whether you would be ahead financially to take the better paying job with less benefits.
It is possible you might have a similar benefit, I.e. health insurance, that would cost less but be a better option for you financially, with the more pay less benefit job. Giving up insurance altogether could be a bank breaker if you don’t have another source of insurance such as from a spouse with a dependable job.
Don’t forget paid PTO. Giving up some or all of that can leave you in a bad way financially and health wise if you have to take off time without pay and cannot afford to do so. We all have times we just need a mental health day - will you be able to have that if you have less benefits?
Consider your career goals. Which job is more in line with those? Experience toward your career goals will likely mean more money with more experience.
Get yourself two columns. PROS and CONS of accepting that job. Write everything down and see where things fall out.
Yes will accept jobs that pay more benefits charges you never know if you’re still alive .
Yes
