My girlfriend is making $72-thousand/year right now in Birmingham, Alabama. She's been offered a job in Denver, and their first offer is $75-thousand.
She wants to take the job, but she knows she needs to make at least the equivalent of what she's making now, and we know Denver is more expensive than Birmingham, so 75K is too low.
Also, her current 401K is fully vested and contributes $4,000/year. Her potential new job only offers $2,500/year, but it doesn't fully vest until year 5, so I feel like assuming she won't see that $2,500/year at all(I'd say the chances of her still being there in 5 years is 50% at best).
I found Bankrate's COL Calculator here but is that accurate?
Also, her new job would have 5 fewer vacation days. At 250 work days per year, those 5 vacation days are worth at least $1,440.
How can we come up with an accurate counter-offer if our top priority is just maintaining our current standard of living?
Submitted June 18, 2018 at 03:31AM by GeorgieWashington https://ift.tt/2JVEUyG