Should I take a lower paying job closer to home?

The new job is closer to home, so you save gas and public transportation costs. Plus, the company benefits are double what they were at the old job. Although the pay cut may seem large at first, factoring costs and benefits with savings offset the reduction in pay.

Is living closer to work worth it?

“I’ve always lived close to work. It’s a quality of life issue for me. A 10-15 minute commute versus 1-2 hours can relieve much daily stress, as well as provide more family and leisure time.”

Should I take a job I like for less money?

If you’re out of work and you need money to pay the bills, it’s better to take a lower-paying job than to have no job at all. “There are fewer jobs out there and you may not only have to take less money, you may end up having to take less job,” Courtney says.

Is a shorter commute worth a pay cut?

Here’s what we found: 35 percent of Americans would take a pay cut in exchange for a shorter commute. 20 percent would give up between 1 and 5 percent of their salary for a shorter commute — that’s nearly $2,369, given the median salary in the US. Five percent would give up half of their salary.

Is it better to work closer to home?

Working close to home obviously brings a great many advantages along with it. StepStone lists them for you: Saving time is the most important factor. You will have much more time for your private life, given that you will spend fewer hours in your car; and this often goes together with having much less stress.

Is it better to have a lower paying job or no?

If you’re out of work and you need money to pay the bills, it’s better to take a lower-paying job than to have no job at all. “There are fewer jobs out there and you may not only have to take less money, you may end up having to take less job,” Courtney says.

Should you take a salary reduction to do your job from home?

A modest reduction in salary may not be all that bad when you consider the savings you stand to reap by not having to go into the office all the time. Imagine you’re looking at a $3,000 reduction in salary in exchange for being allowed to do your job from home.

Should you take a salary cut for a better job?

Sometimes taking a salary cut is definitely the right career move. Here are five situations where that is the case. 1. You just need work If you’re out of work and you need money to pay the bills, it’s better to take a lower-paying job than to have no job at all.

Does working from home really save you money?

Working from home might also help you save money in other ways. For example, if you have kids, you might manage to shave off some child care expenses, thereby saving hundreds or even thousands over the course of a year. You might also be far less tempted to buy lunch daily, since you’ll have access to your kitchen.