Tuesday, November 22, 2011

Others with advice for potential $7/hr pay cut for husband's new job....?

Ok, my hubby and I are going to make this decision ourselves, I'm just asking for other's advice.


My hubby's current job is 45min drive from home, it's about $120 in gas a week. He doesnt like what he's doing now. Long hrs, long drive no room to grow, but decent money.


His new job offer is something he wants to do,(still within the same field) maybe 10min from home, in a more positve environment, room to grow, tuituion reimbursment, but we're looking at about a $7/hr pay cut. Is it worth it?


We know God will provide for us, but we need to use some wisdom and common sense as well.


Is it worth it in the long run?


Does this make sense?


I will support my husband in what he wants to do as we make this decision...I know it may put us in a crunch, but if he's happy, I'll crunch down.Others with advice for potential $7/hr pay cut for husband's new job....?
You sound like wonderful people. You have not filled in all the blanks on the dollars and if you have children involved but I think he should go for the closer job.





The miles on the car are actually much more costly than the gas alone. He is probably are racking up 350-500 miles per week and that is 20,000 miles per year on the vehicle. A few years and some personal miles and you are at 100,000 miles and need a new vehicle. At ten minutes from home dad could ride a bike or moped to work and you could get rid of one car if you have an extra one now. We had a single car and I rode a moped to work for years and it was fun and very economical.





Also there is the cost on dad's and family's health. 1.5 hours each day in the car is a long time that could be spent exercising, reading, throwing the baseball, teaching life lessons, etc. When the kids are gone these little intangibles will suddenly be the things that were the most important - you just didn't realize it at the time. My kids are probably out playing with our grandkids now - largely because these are the things they remember they enjoyed they we did together many years ago...Others with advice for potential $7/hr pay cut for husband's new job....?
You didn't say what the hourly wage was so that we know the impact of the $7 cut. If you think you can manage on the income that the cut provides then I say do it. Life is too short to be in a miserable job no matter what it pays. What does the $120 a week equivalent in -$7 per hour? I guess 40 hours at $7 is 280 so that would be almost half the wage cut in gas alone plus wear and tear on the car.





If you can budget on the new hourly wage ~ do it. Things will be tight in the short-term but apparently much better in the long-term not to mention the peace of mind and happiness the new job would provide.
A $7 per hour cut when factoring in the reduced amount of gas usage is not a bad cut at all. If you go from spending say $120 down to $60, you're not doing bad. If this means he is happier, more productive, and can spend more time with his family, then you'll learn to adjust to a $7 cut. And if there is room to grow, there's a strong chance that $7 will shrink to $5, $3, or better, more pay than his last job.





I urge you to tell your husband to take it. It will be better in the long run.
Not sure what percentage that is because you don't tell us his salary. $7 less an hour is a pretty good chunk. That's $15K a year!





You will lose $280 a week, but will save $120 in gas.





If the potential can make up that $160 a week soon, then it is probably worth it.
The $120 he will save in gas will cover almost half of the pay cut. It makes sense, you may have to scrimp a bit, but the time saved in commuting and better job satisfaction should be worth it.
If it feels good DO IT! Many commuters driving to work never seem to consider anything but income and that raise when it is due. A huge consideration in determining job value is drive time. Every year State Farm Insurance in North Atlanta Metro area does a study on commuter's travels from their home offices to downtown Atlanta, approx. 30 miles. Factoring fuel, depreciation, mileage, stress and necessary repairs due to constant ';stop and go';, drivers time wasted, etc., their estimate on a mid-size 6 cylinder 4-door auto is approx. $6,000 annually. Someone can take this figure, take a position closer to home and have a better more positive day just by saving aggravation of the daily drive. A nicer, better and more productive employee just simply taking reduction in pay that had an immediate impact.





Your husband and family will do well. Valued is the support shown by you and this decision is a POSITIVE.


God Bless

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