|
Trilineatus posted:I did get an extra week of vacation and an extra week of personal leave by staying That is worth something. I never have enough time off work.
|
#
?
Sep 22, 2014 06:09
|
|
|
|
| # ? May 29, 2024 18:00 |
|
|
13k for coworkers and a boss that make workife better? That is worth 10-20% salary. Maybe it gets tricky if that money would make a real difference and your struggling at home but personally my sanity, hair and stress levels are worth more than a small-medium pay bump. Not taking that other job is probably not going to be the worst choice you'll ever make.
|
|
#
?
Sep 22, 2014 07:00
|
|
|
Cast_No_Shadow posted:13k for coworkers and a boss that make workife better? That is worth 10-20% salary. Maybe it gets tricky if that money would make a real difference and your struggling at home but personally my sanity, hair and stress levels are worth more than a small-medium pay bump. Not taking that other job is probably not going to be the worst choice you'll ever make. It can't really be understated how important the work environment is and how different it can be from company to company. I replaced a guy who left our $39k (closer to 45k with OT) position for a $55k job and apparently he called asking for his old job back after just a week at the new company. He was told no, but kept pushing through different contacts and managed to land a job in a different department back at our company.(for a big paycut I'm sure) Company laptop, working from home all the time, generous benefits and PTO, cool managers and coworkers: these can be worth quite a lot. It's worth quite a lot to me, that's for sure.
|
|
#
?
Sep 22, 2014 15:34
|
|
|
Cast_No_Shadow posted:13k for coworkers and a boss that make workife better? That is worth 10-20% salary. Maybe it gets tricky if that money would make a real difference and your struggling at home but personally my sanity, hair and stress levels are worth more than a small-medium pay bump. Not taking that other job is probably not going to be the worst choice you'll ever make. I'm currently getting paid about 30-40% less than I could find for my work out on the market. Other positions would probably require about 25% more hours, but they'd let me work from home. I'm justifying my decision to stay by the fact that my current employer under-works me so I can use the time to pursue another career. That other career doesn't pay much or any better than my current one, and I'm not sure I'd enjoy it more. The difference in pay is enough to let my wife and I retire in about 6 years instead of about 9 years - so every year counts. But really, I was so burned out when I took this job that I'm not sure whether I'm lying to myself about my reasons for staying. So I'm giving myself 1 more year in this gig as a free pass and then I'm going to give a hard look at my other options and decide whether I'm going to pursue them. TL;DR: I'm probably also taking less pay for more sanity. I think it's probably a bad call on my part. I'm not sure what to do about it.
|
|
#
?
Sep 22, 2014 15:35
|
|
|
I feel like I'm bad with money. I used to have a 35-40 hour workweek and made about 15k less. I did not have a company car, either. I would LOVE to be able to go back to that job because I did not feel stressed all the time and had a lot more free time. Now I work 55-60 hours a week and just feel run down all the time. My old position doesn't exist now, so I guess I'll just keep plugging away 
|
|
#
?
Sep 22, 2014 15:44
|
|
|
I'm going to be the one bad with money shortly. I'm interviewing for a job that would double my salary to $80,000 plus a ton of other benefits but I'd be trading a very, very relaxed work environment, awesome coworkers, and a 40 hour week for a very toxic work environment that uses stack rankings, coworkers who would be out to stab you in the back if it gets them ahead, and 55-60 hours per week if I'm lucky. I can only hope to god that another $40,000 per year, bonuses, and the new city will make up for the complete hell my work life will become once I take that job.
|
|
#
?
Sep 22, 2014 16:51
|
|
|
If I could work for half my pay, and only had a 20-hour workweek, I would do it.
|
|
#
?
Sep 22, 2014 17:03
|
|
|
HonorableTB posted:I'm going to be the one bad with money shortly. I'm interviewing for a job that would double my salary to $80,000 plus a ton of other benefits but I'd be trading a very, very relaxed work environment, awesome coworkers, and a 40 hour week for a very toxic work environment that uses stack rankings, coworkers who would be out to stab you in the back if it gets them ahead, and 55-60 hours per week if I'm lucky. Interviewing for a job with Microsoft?
|
|
#
?
Sep 22, 2014 17:05
|
|
|
.Z. posted:Interviewing for a job with Microsoft? Close, Amazon.
|
|
#
?
Sep 22, 2014 17:06
|
|
|
Trilineatus posted:I too, am a spirit animal. 
|
|
#
?
Sep 22, 2014 17:17
|
|
|
Trilineatus posted:Alright let's get loving honest in this bitch. The trip at least taught you to plan out your traveling better and allowed you to end what was apparently a lovely friendship. A healthy work environment is almost priceless,but there is nothing to indicate the other job would not have had an as good or better workplace. Your friend seems to be aware of your financial situation and wanted to help out, don't let it make things awkward just remember that to pay him back eventually no matter how many time he refuses. Also take care of those tickets because that can snowball into an even more expensive situation down the line. I know that where I live, several times a year we get partial amnesty on parking tickets and traffic violations, so if that happens in SF do take advantage. All in all you are not horribly bad with money. I give this post a 7.7, because it does not mention cars, trucks, weddings or photographers.
|
|
#
?
Sep 22, 2014 17:18
|
|
|
I found the BFC poster-child. The rare specimen was found on my Facebook. Yes that's where he lives. lovely situation.
|
|
#
?
Sep 22, 2014 17:40
|
|
|
HonorableTB posted:Close, Amazon.
|
|
#
?
Sep 22, 2014 17:47
|
|
|
Cicero posted:I dunno, when I worked at Amazon I had none of that. It depends on your team though. That's what I've been told, and it's likely that the experience is much different for a QAT/QAE than it is for a software engineer. It just kind of sucks because there's no way for me to know what my experience is going to be unless I actually take the job, and by then it'll be too late because Amazon would be paying for me to move to Washington so they'd have me on the hook for 1-2 years or however long I'm contractually obligated to work there without having to pay a penalty.
|
|
#
?
Sep 22, 2014 18:09
|
|
|
Cicero posted:I dunno, when I worked at Amazon I had none of that. It depends on your team though. Yeah, that description really doesn't apply to Amazon. Even the toxic teams I know of don't match that description.
|
|
#
?
Sep 22, 2014 18:11
|
|
|
HonorableTB posted:That's what I've been told, and it's likely that the experience is much different for a QAT/QAE than it is for a software engineer. quote:It just kind of sucks because there's no way for me to know what my experience is going to be unless I actually take the job, and by then it'll be too late because Amazon would be paying for me to move to Washington so they'd have me on the hook for 1-2 years or however long I'm contractually obligated to work there without having to pay a penalty.
|
|
#
?
Sep 22, 2014 18:15
|
|
|
HonorableTB posted:I can only hope to god that another $40,000 per year, bonuses, and the new city will make up for the complete hell my work life will become once I take that job. If you don't mind me asking, which team are you interviewing for? Understand if that is too much personally identifiable information for you, but if its a team I know (a slim chance for that, though) I could possibly alleviate your concerns. I've heard that AWS teams are, on average, more stressful and less careful about work-life balance, although I do know people who enjoy working there. Retail Systems is generally better than average on those things. FWIW, I haven't had many issues with working at Amazon, and I wouldn't describe it as hell on earth, although I've heard that Facebook and Google are significantly better.
|
|
#
?
Sep 22, 2014 18:29
|
|
|
From what you guys are telling me, I think I've just been reading too much into Glassdoor reviews. I'm definitely very excited about this opportunity and I think I'll feel much better about it once I'm able to talk to people I may be working under and working with on a daily basis during the interview process. I think this is just an advanced case of "major life change jitters" because, outside of studying abroad in Russia, I've lived my entire life in Georgia and I'm very freaked out about moving 3000 miles away on what I perceive as a gamble.
|
|
#
?
Sep 22, 2014 18:34
|
|
|
HonorableTB posted:From what you guys are telling me, I think I've just been reading too much into Glassdoor reviews. I'm definitely very excited about this opportunity and I think I'll feel much better about it once I'm able to talk to people I may be working under and working with on a daily basis during the interview process. I think this is just an advanced case of "major life change jitters" because, outside of studying abroad in Russia, I've lived my entire life in Georgia and I'm very freaked out about moving 3000 miles away on what I perceive as a gamble. Glassdoor reviews seem to be written purely by disgruntled employees in my experience and don't really accurately represent a workplace.
|
|
#
?
Sep 22, 2014 18:36
|
|
|
Seattle has a very high density of tech jobs, so if it doesn't work out, it shouldn't be too hard to find work at a new place anyway.
|
|
#
?
Sep 22, 2014 18:40
|
|
|
HonorableTB posted:From what you guys are telling me, I think I've just been reading too much into Glassdoor reviews. Glassdoor reviews include the fulfillment center workers, vendor managers, customer service reps, etc. The software side of things has a better time of it. Sure, if you were working in the FCs you'd be in for a bad time, but thats not going to be representative of your experience.
|
|
#
?
Sep 22, 2014 18:42
|
|
|
ryde posted:Glassdoor reviews include the fulfillment center workers, vendor managers, customer service reps, etc. The software side of things has a better time of it. Sure, if you were working in the FCs you'd be in for a bad time, but thats not going to be representative of your experience. I interviewed with amazon on campus, there were 4 interviews, and one of them was an FC engineer. He was extremely sarcastic, and started off the interview by quickly saying "what's your name, what do you, same things I've been asking all day". He seemed to be living with a sense of abject misery and I have no idea how they let him go out and do recruiting. The rest of the interviews were perfectly normal.
|
|
#
?
Sep 22, 2014 19:16
|
|
|
The FC cannot go down, the engineers are on call 24/7 in case any of the warehouse software goes down. Burnt my sister in law out in 3 years.
|
|
#
?
Sep 22, 2014 21:58
|
|
|
HonorableTB posted:That's what I've been told, and it's likely that the experience is much different for a QAT/QAE than it is for a software engineer. It just kind of sucks because there's no way for me to know what my experience is going to be unless I actually take the job, and by then it'll be too late because Amazon would be paying for me to move to Washington so they'd have me on the hook for 1-2 years or however long I'm contractually obligated to work there without having to pay a penalty. Test Engineers can definitely have cruddy work hours, since they generally get to be the gate between a build and a release, so as a deadline comes up they get to stay late to make sure that the build actually works and passes all tests, before it gets released to the wider world. That said, all of the test engineers I knew at Amazon and Audible were pretty chill and generally passionate about making things as good as possible, so I find it hard to believe that any backstabbing was happening. Edit: yeah, FC stuff is different from working on mobile apps, etc.
|
|
#
?
Sep 22, 2014 22:04
|
|
|
HonorableTB posted:I'm going to be the one bad with money shortly. I'm interviewing for a job that would double my salary to $80,000 plus a ton of other benefits but I'd be trading a very, very relaxed work environment, awesome coworkers, and a 40 hour week for a very toxic work environment that uses stack rankings, coworkers who would be out to stab you in the back if it gets them ahead, and 55-60 hours per week if I'm lucky. The big risk is the "new city" cost of living change here. Your $40k a year raise might end up feeling like a $4k a year raise because your rent, transportation, and food budgets tripled.
|
|
#
?
Sep 23, 2014 00:41
|
|
|
fruition posted:Mentioned this in another thread: Got crushed at the Revel casino this summer for $1,900 in one night. Wife and I were playing blackjack (sharing my bankroll playing two spots) and they upped all the table minimums to $25/hand from $10/hand. I'm not used to playing $25/hand minimums and the bankroll wasn't ready...I legit lost to seven consecutive dealer 21's in a ROW to go broke after a huge downswing. I should've gotten up after the third consecutive dealer blackjack, but I wanted to feel the pain as a reminder to never let the gambling become a habit. I've done this too and I recommend it to anybody who goes on a hot streak. pig slut lisa posted:Bad with money: me driving 90 minutes to the nearest casino to play craps since I'd already won $1,250 shooting on two vacations and a business trip so far this year, and losing $900 this afternoon.
|
|
#
?
Sep 23, 2014 04:35
|
|
|
/r/personalfinance delivers again:Because my credit cards 85%+ maxed out, I cannot get a loan posted:I cannot get a loan because most of my credit cards approaching maxed out. I can pull $25k out of my 401k as a loan at a rate of 4.25% that goes to myself, but I cannot access it as I owe $7k on an older loan. You can only take out one loan at a time so I need to get a loan to pay off $7k to get the $25k adn no one on this planet is willing to do it. And some of his further comments are just gold, shiat loads of gold: quote:Horribly in debt? Hardly. Lack of cash flow does not = horribly in debt, I have a shiat load in savings becuase I save shiat loads. I can borrow against it at 1/3rd the cost of credit cards, but now that markets aren't as liquid, I cannot just simply get cash flow to re-allocate funds. quote:401k is meant for retarded people to retire on. I will retire nicely using my investments outside of my 401k that I cannot borrow from because you're not allowed to like an qualified 401k. My 401k is for matching only. quote:My 401k doesn't earn anything..... it just sits there for matching.... my real savings is in trading accounts that I don't want to touch so I can maintain capital. quote:When I first got out of college, I had $25k in credit leverage, I wasn't even making $50k, now I make over 2x that cannot even get over $20k in leverage. This isn't about me being broke, or overextended, this is about paying something off over 2 years at an extortion rate vs paying myself 4.25% in interest from my 401k and the fact that NO ONE will loan shiat these days. gently caress you guys, it's not debt, it's leverage, you retarded plebes just don't understand.
|
|
#
?
Sep 23, 2014 20:42
|
|
|
Guinness posted:/r/personalfinance delivers again: This bottle service is an investment!
|
|
#
?
Sep 23, 2014 20:44
|
|
|
Also, on a somewhat related note, he is not the first person that I've read make a statement like this in regard to 401k loans:quote:Because I can (i) pay my credit cards off in less than a month and have some spare change while paying myself 4.25% to myself or I've never taken a 401k loan, and don't ever really intend to, but when people say that they are paying the interest rate on the 401k loan to themselves does that mean that the interest gets deposited into the 401k account balance plus the original loan principal? That doesn't sound like the whole story; what actually happens?
|
|
#
?
Sep 23, 2014 20:49
|
|
|
Guinness posted:I've never taken a 401k loan, and don't ever really intend to, but when people say that they are paying the interest rate on the 401k loan to themselves does that mean that the interest gets deposited into the 401k account balance plus the original loan principal? That doesn't sound like the whole story; what actually happens? Yes it works this way. It's actually mandated by law. The idea is the 4.25% you are paying in addition to your principle repayments is supposed to at least partially cover the loss of not having your money in the market. For people who did this right before the crash (such as everyone I work with...I did not...) they made bank.
|
|
#
?
Sep 23, 2014 20:52
|
|
|
Hmm, but you're paying that interest with post-tax dollars. How does that factor in to the tax deferment scheme of a 401k?
|
|
#
?
Sep 23, 2014 20:56
|
|
|
Guinness posted:Hmm, but you're paying that interest with post-tax dollars. How does that factor in to the tax deferment scheme of a 401k? True, you are right, I never thought about that.
|
|
#
?
Sep 23, 2014 20:58
|
|
|
Can you deduct interest paid on 401k loans? I always figured it was just a normal loan backed by your 401k and you had to cash out if you defaulted, I had no idea it was an official process.
|
|
#
?
Sep 23, 2014 20:59
|
|
|
LorneReams posted:Yes it works this way. It's actually mandated by law. The idea is the 4.25% you are paying in addition to your principle repayments is supposed to at least partially cover the loss of not having your money in the market. Learn something new every day. I never really considered where that interest went.
|
|
#
?
Sep 23, 2014 21:00
|
|
|
If you're out of tax-advantaged accounts to stash your savings, it seems like it could be a way to overload your 401k contributions, although at an interest rate of only 4-5% not by much. If you did it during a prolonged down market it seems like the payoff could be non-trivial. Of course, that would require timing the market and we all know how well that goes, statistically. Plus I'm sure 99% of people taking loans on their 401k aren't doing it in order to save more... I guess I'd just never really thought about it because there are too many "what ifs" and the almost universally-resounding advice is "never borrow against your 401k".
|
|
#
?
Sep 23, 2014 21:02
|
|
|
Jeffrey posted:Can you deduct interest paid on 401k loans? I always figured it was just a normal loan backed by your 401k and you had to cash out if you defaulted, I had no idea it was an official process. It looks like if the plan is elective (like 99.99% of 401ks), then no, otherwise possibly depneding on what you use the money for (pensions mostly).
|
|
#
?
Sep 23, 2014 21:04
|
|
|
Guinness posted:/r/personalfinance delivers again: I want to murder this person. It was bad enough that he said "shiat" six times, then he said "vaca" and I started seeing red. This loving moron makes $100k a year. gently caress me. Life is really unfair.
|
|
#
?
Sep 23, 2014 21:09
|
|
|
That guy is worse than Slow Motion
|
|
#
?
Sep 23, 2014 21:29
|
|
|
Magic Underwear posted:I want to murder this person. It was bad enough that he said "shiat" six times, then he said "vaca" and I started seeing red. This loving moron makes $100k a year. gently caress me. Life is really unfair. If it makes you feel any better, it sounds like this guy has managed to make himself financially miserable despite making more money than anyone needs, so there is that for comfort.
|
|
#
?
Sep 23, 2014 22:09
|
|
|
|
| # ? May 29, 2024 18:00 |
|
|
Guinness posted:/r/personalfinance delivers again: Bravo on finding this! This is Grade A, 100% pure bad with money. It's even better because he's so combative and surly and is obviously not telling the whole story.
|
|
#
?
Sep 23, 2014 22:13
|
|
