Newtotheworld
Registered User
- Messages
- 20
Thank you so much for yout freeback.The health care savings may not be that much when BIK is included.
Probable savings on motoring if you don't have to leave company van at office.
Lunch allowance will be tax free.
Your marginal tax rate on the income drop will probably be 52%
The net "loss" might be as low as €6,000 or even less with overtime when other savings are added
I'd try and negotiate an extra €2-€3k. Remember it's a very tight job market.
The move from shift to standard hours is a huge benefit.
If it was me, I'd take it. But I'd push for that extra 2k
My goal is to get off nights for the benefit of my health and the development and quality of time with my child n partner.
That is a tough one to consider.Thinking about it in reverse, if you were in the job you are being offered, would it be worth it to you to take your current job (with the shift work) for the increased pay?
Thanks i will update tomorrow hitting the hay now while baby sleep.It is better to look and see if you can financially manage on the new salary because for health and quality of life reasons, for the whole family, it goes without saying that the new job would be a lot better. With 2 children under 2 life is going to get a whole lot busier too.
Perhaps a Money Makeover post with possibly a link to this thread might be a good idea. List all your incoming/outgoing and it should give you a clearer vision if the move is financially possible. Include creche fees too. Hope you can afford it because shift work is very hard.
ThanksMany years ago I was working shifts and came off shifts for a promotion and a pay cut after losing my shift allowance. Best thing I ever did and would never go back on shifts. It's not worth it from a quality of life perspective
Thank you thomas.I work similar 12 hour shifts and am a few years down the road from you. I had hoped to get redundancy which has never happened but just to give my tuppence worth in relation to shift work. I have benefitted from the financial aspect for sure the money is good but there is definitely an opportunity cost imo. You are young enough to expand and develop your career in the alternative position and potentially earn a higher salary. Your current position while financially sound with some added perks may be hard to walk away from but it is an investment in yourself. I found as I got older it became more daunting to radically overhaul and change away from shift. Lastly while shift suits some people and has advantages I have found it only becomes more difficult particularly over 50. This is about more than money.
Niceoneted you echo the very reasons i am thinking in my minds eye. If i could move to a 9 to 5 position in my current company id stay to keep the DB pension.I have worked shift for years. I loved having time off during the week to myself and the extra allowance was helpful. However since having kids and a health scare, I'd jump at a 9-5. You miss so much with the kids - the early morning fun, the craziness at bedtime and excitment of the weekend plans. once that passes you'll never get it back. Its no fun either working shift when your getting older.
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