Resend my activation email : Register : Log in 
BCF: Bike Chat Forums


tough decision, what would you pick?

Reply to topic
Bike Chat Forums Index -> Dear Auntie BCF...
View previous topic : View next topic  
Author Message

joe g
Borekit Bruiser



Joined: 08 Apr 2011
Karma :

PostPosted: 03:33 - 15 Mar 2016    Post subject: tough decision, what would you pick? Reply with quote

My current job is a 36 mile commute each way, the same job has been advertised a lot closer, it would be 10 miles each way.

At the current place I take home around £2000 a month after tax, if I moved I'd be earning around £1600 a month after tax.

what do?

hate time commuting.
Just had a little girl who is 6 months now and want to spend more time with her rather than commuting.

Only thing stopping me is the money, the extra money is always nice especially with a new baby.
 Back to top
View user's profile Send private message You must be logged in to rate posts

BrownTrousers
Trackday Trickster



Joined: 08 Sep 2013
Karma :

PostPosted: 06:52 - 15 Mar 2016    Post subject: Reply with quote

I also have a new baby and also moved jobs recently to cut down my commute cos I hate it too.

But I wouldn't have done so if it involved a pay cut of, what, £6k?

rough calculation is rough

It will take you many years of incremental raises to even get back to where you are now.

OK so you will save £100 a month on petrol but, if you come to buy a house, looking at £25k less borrowing power.

more very rough calculations

Depends on the nature of your work but a new job could involve longer hours anyway and the net change in time spent at home is lost.

Wait for more comparible job nearby or try to negotiate working slightly shorter hours or from home for 1 day a week, in light of new baby.
____________________
Bikers make great organ donors - add your name to the register
Ducati Multistrada 950 | Triumph Tiger 800 XR | Honda CBR500R | Yamaha YBR 125 Custom
 Back to top
View user's profile Send private message You must be logged in to rate posts

Andy_Pagin
World Chat Champion



Joined: 08 Nov 2010
Karma :

PostPosted: 07:37 - 15 Mar 2016    Post subject: Reply with quote

Realistically how much time would you save? My 15 mile commute to our London office takes twice as long as the 40 mile commute to our Buckingham-shire head office.
____________________
They're coming to take me away, ho-ho, hee-hee, ha-haaa, hey-hey,
the men in white coats are coming to take me away.
Yamaha Vity -> YBR125 -> FZS600 Fazer -> FZ1-S Fazer
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

c_dug
Super Spammer



Joined: 04 Sep 2007
Karma :

PostPosted: 08:10 - 15 Mar 2016    Post subject: Reply with quote

So to clarify you'd be doing 50 less miles a day?

That's a good 11-12,000 miles less a year, assuming you commute by road then you'll be saving around £1500 a year in fuel and tyres alone.
____________________
I am a bellend, I am a man of constant sorrow, I am a gummy bear, I am a rock.
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts
Beehive Bedlam This post is not being displayed because the poster has bad karma. Unhide this post / all posts.

ScaredyCat
World Chat Champion



Joined: 19 May 2012
Karma :

PostPosted: 08:24 - 15 Mar 2016    Post subject: Reply with quote

You could always ask, at the interview, if they'd at least match your current salary.
____________________
Honda CBF125 ➝ NC700X
Honda CBF125 ↳ Speed Triple
 Back to top
View user's profile Send private message You must be logged in to rate posts

Rogerborg
nimbA



Joined: 26 Oct 2010
Karma :

PostPosted: 13:29 - 15 Mar 2016    Post subject: Reply with quote

INSUFFICIENT DATA FOR MEANINGFUL ANALYSIS.

How much time does 72 miles a day take? How much time would 20 miles take? Does the new place have a long hours culture that might cancel out the savings?

That is a hefty 20% drop in salary. You're going from above average national wage to below it. That means the new employer doesn't really value you and will view you as easy enough to replace (whether true or not). If things don't work out then you'll have more trouble climbing back up to where you were - I'd be careful about devaluing yourself.

Are there any other benefits in play? Pension? Annual leave, medical cover, death in service, long term sick/disability cover?
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
 Back to top
View user's profile Send private message You must be logged in to rate posts

dydey90
World Chat Champion



Joined: 01 Oct 2013
Karma :

PostPosted: 14:40 - 15 Mar 2016    Post subject: Reply with quote

I've done something similar, but it was 80 miles instead of 36 and the pay drop wasn't as bad.
Working 80 miles away meant either renting a house/flat through the week or enormous fuel bills and an 8 hour day turning into a 12 hour day.

However, it now takes me just over 15 minutes to get to work.
____________________
This post is probably not serious and shouldn't be taken literally.
Past: CBR125,ER6f NINJA 650, ZZR600 Current: VFR750
 Back to top
View user's profile Send private message You must be logged in to rate posts

B5234FT
Brolly Dolly



Joined: 28 Sep 2009
Karma :

PostPosted: 14:44 - 15 Mar 2016    Post subject: Reply with quote

You need to work it out properly. For me, thats door to door time versus financial gain.

So you need to assess the hours you actually work and actually spend commuting and what your commute costs you in fuel/tyres/maintenance. The difficult bit is assessing this for the new role, you need to ask them what their overtime policy is, is it paid, is it common or unusual, scope out the new route, at the times youd be commuting and see what it takes and then compare it properly in terms of cost.

Do the same again for income, including all benefits (bonus, healthcare, pension etc) and then you can bring it down to an £x/hour or month worse off.

Only you can then put a value on the time with your family versus the outgoings you're obligated to.
 Back to top
View user's profile Send private message You must be logged in to rate posts

Robby
Dirty Old Man



Joined: 16 May 2002
Karma :

PostPosted: 21:03 - 15 Mar 2016    Post subject: Reply with quote

20% pay cut. You could achieve the same pay cut by reducing to 4 days a week, then get a whole extra day at home.

Then when you miss the money after a couple of months and decide the commute isn't really that bad, go back up to 5 days a week.
 Back to top
View user's profile Send private message You must be logged in to rate posts

kramdra
World Chat Champion



Joined: 28 Oct 2010
Karma :

PostPosted: 22:54 - 15 Mar 2016    Post subject: Reply with quote

You did not say what bike..

New bike. Enjoy the commute. Ride faster.
 Back to top
View user's profile Send private message You must be logged in to rate posts

Pete.
Super Spammer



Joined: 22 Aug 2006
Karma :

PostPosted: 23:10 - 15 Mar 2016    Post subject: Re: tough decision, what would you pick? Reply with quote

£400 a month after tax is a net income reduction of £4800/yr. Many men starting a new family would jump at the chance of an extra £5k. Hell, I know people with lower mortgage payments.

Quote:
hate time commuting.


So what? You started the family, personal considerations just took a back seat. You have responsibilities now for shaping someone life and making sure her childhood is stress-free. You can make sure your time with her is quality time and still keep the financial burden on your household to a minimum.

By the time she's 10 you'll be down £48k. How many birthday parties, new clothes, days out etc would that buy?
____________________
a.k.a 'Geri'

132.9mph off and walked away. Gear is good, gear is good, gear is very very good Very Happy
 Back to top
View user's profile Send private message Visit poster's website You must be logged in to rate posts

zico
Nitrous Nuisance



Joined: 28 Sep 2015
Karma :

PostPosted: 23:11 - 15 Mar 2016    Post subject: Reply with quote

Money isn't everything. Would you be happier?
____________________
Suzuki SV650S
 Back to top
View user's profile Send private message You must be logged in to rate posts

stevo as b4
World Chat Champion



Joined: 17 Jul 2003
Karma :

PostPosted: 23:30 - 15 Mar 2016    Post subject: Reply with quote

IMO and as said not enough info for proper analysis, but unless your saving 2-4 hours a day min I'd not change jobs to save 50ish miles a day.

If you were doing 50-80miles each way to work, you'd have much more justification for changing to the more local job I would say.

If changing jobs was saving you 15-20hours a week you could always look at working a second job locally for the extra cash if you feel you need it to keep your family provided for?


Oh and seriously if the national average take home wage is over £2k per month, then fuck me there must be some disproportionately high earners in the city to scew the figures, as I know plenty of folk taking home under 1500quid a month.
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

Rogerborg
nimbA



Joined: 26 Oct 2010
Karma :

PostPosted: 08:39 - 16 Mar 2016    Post subject: Re: tough decision, what would you pick? Reply with quote

Pete. wrote:
£400 a month after tax is a net income reduction of £4800/yr.

It's more. £2K net monthly is just shy of £31K gross annual. £1.6K net is just over £23.5K gross. It's closer to a 25% drop in gross, unless OP has other factors in play.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
 Back to top
View user's profile Send private message You must be logged in to rate posts

B5234FT
Brolly Dolly



Joined: 28 Sep 2009
Karma :

PostPosted: 09:24 - 16 Mar 2016    Post subject: Reply with quote

stevo as b4 wrote:



Oh and seriously if the national average take home wage is over £2k per month, then fuck me there must be some disproportionately high earners in the city to scew the figures, as I know plenty of folk taking home under 1500quid a month.


It's not, its ~£26k before tax which is more like £1700 if you dont pay any pension contribution, student loan etc - but yes, big figures do mess with it a lot.
 Back to top
View user's profile Send private message You must be logged in to rate posts

Silver_Fox
World Chat Champion



Joined: 03 Jun 2015
Karma :

PostPosted: 09:31 - 16 Mar 2016    Post subject: Reply with quote

I really need a new job
____________________
CBR600 F3 FV
CG125
 Back to top
View user's profile Send private message You must be logged in to rate posts

t121anf
World Chat Champion



Joined: 23 Feb 2007
Karma :

PostPosted: 10:39 - 16 Mar 2016    Post subject: Reply with quote

You'll soon get sick of you child and then find it harder to get the income back up.

Stick it out, drive/ride faster to/from work.

Would adjusting your working day not be better? I officially finish at 5:15, then to Mother in laws to get the child, then home, cook tea, eat, shower by the time that was complete the child was going straight to bed, no quality time spent.

I moved my finish time to an unofficial 5:00 and found that this oddly gives me far more time at home.

I'd try options like that before giving up 20% of my salary.

Also don't forget it won't be long, believe me it flies by, before "school" starts and then your morning with your child is no different to your morning with your partner, get up, get dressed, eat, kiss goodbye, get to work.
 Back to top
View user's profile Send private message You must be logged in to rate posts

duhawkz
World Chat Champion



Joined: 03 Dec 2006
Karma :

PostPosted: 17:14 - 16 Mar 2016    Post subject: Re: tough decision, what would you pick? Reply with quote

joe g wrote:
My current job is a 36 mile commute each way, the same job has been advertised a lot closer, it would be 10 miles each way.

At the current place I take home around £2000 a month after tax, if I moved I'd be earning around £1600 a month after tax.

what do?

hate time commuting.
Just had a little girl who is 6 months now and want to spend more time with her rather than commuting.

Only thing stopping me is the money, the extra money is always nice especially with a new baby.


Whats stopping you from applying for the job closer to home and trying to negotiate a better salary if they offer it to you. At the end of the day you can always turn it down if they wont budge

Nothing ventured and all that
____________________
"The guy is a worthless cunt and I honestly believe I would be a slightly happier person if he died." - Chris-Red
 Back to top
View user's profile Send private message You must be logged in to rate posts

janner_10
World Chat Champion



Joined: 26 Sep 2011
Karma :

PostPosted: 06:54 - 17 Mar 2016    Post subject: Reply with quote

As a father of 6 month old daughter, prepare yourself for expense that just doesn't stop trickling out of your account.

£400 is a massive amount of money to not have at the end of the month.

Additionally those extra few minutes in the car on your own in peace and quiet will soon be cherished.
____________________
Yamaha FZS600 (Now gone to heaven) > CBR600F4i (SOLD) > '99 YZF-R1
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

iooi
Super Spammer



Joined: 14 Jan 2007
Karma :

PostPosted: 18:27 - 17 Mar 2016    Post subject: Reply with quote

Joined 5 years ago. 4 posts.
Asks advice 2 days ago and never comes back..

what a waste of bandwidth Rolling Eyes
____________________
Just because my bike was A DIVVY, does not mean i am......
 Back to top
View user's profile Send private message You must be logged in to rate posts
Old Thread Alert!

The last post was made 9 years, 49 days ago. Instead of replying here, would creating a new thread be more useful?
  Display posts from previous:   
This page may contain affiliate links, which means we may earn a small commission if a visitor clicks through and makes a purchase. By clicking on an affiliate link, you accept that third-party cookies will be set.

Post new topic   Reply to topic    Bike Chat Forums Index -> Dear Auntie BCF... All times are GMT
Page 1 of 1

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum

Read the Terms of Use! - Powered by phpBB © phpBB Group
 

Debug Mode: ON - Server: birks (www) - Page Generation Time: 0.11 Sec - Server Load: 2.24 - MySQL Queries: 14 - Page Size: 112.01 Kb