Post # 1
I’ve mentioned around the boards that I’m not happy at my current job. I have alot of responsibility. I’m the only person who can do my job. I’m on-call 24/7/365. I’ve reached my peak, so I’m not learning anything new or being challenged, resulting in being bored. My job is technical in nature, but I spend most of my days in meetings, documenting, being a project manager, and picking up other people’s slack. I hate waking up and going to work. I used to enjoy my job, but it has gone down hill in the past year.
The company I work for currently has some great benefits, including a pension, which is unheard of these days. Our stock price is fantastic, so my 401K is doing well. Since I’m not happy in my current position, but pretty happy with the company, I’ve spent the last 6 months looking internally for a job, but haven’t found anything. I’ve started looking externally, and have a couple of inteviews lined up. If I go external, I won’t get the same great benefits.
So, my question is, would you stay at a job you disliked for the great benefits? When does your happiness become more important than your benefits and pay?
Has anyone dealt with this dilema before?
Post # 3
I am currently dealing with it! One of the greatest things I consider a benefit about my current job is that I am less than half a mile from my house. But, I don’t make great money. I have pretty awesome health insurance but our dental sucks. I’m looking for something new I just don’t want to give up the proximity to my home. Ugh.
Post # 4
Yes, if I hated my job, I would give up some benefits for better job satisfaction, as long as the loss of specific benefits wouldn’t negatively hurt me (like, I wouldn’t give up health insurance, but I’d consider giving up a job with a 100% 401k matching).
Post # 5
My happiness *always* comes before pay/benefits, but consider that I’ve always been bordering on broke as a trade off, haha! But no amount of money in the bank makes up for the dark cloud that descends on my whole life when I work a crappy job. Some people can compartmentalize, I can’t seem to!
Also for me, we have basic health care coverage here, and a good supplementary insurance plan for dental, vision, prescriptions and all that is around $60, so for me it isn’t a big factor.
If personal health insurance were closer to the hundreds of dollars per month in premiums, plus co-pays or however it works…yeah…I’d probably have a higher tolerance for a crappy job 🙁
It also depends on the local economy. Here I can quit one job and a few hours later get hired for a better one. If that weren’t the case I’d reconsider.
Post # 6
I feel you 1000%. I guess to me it depends on where you are in life. I have a family so benefits is extremely important however I am young enough that should I leave my current company I’d have time to find something else and continue to climb the ladder. Is climbing the latter important to you? For me I am staying put because the trade off of what I gain makes the dismal enviroment worth it to me. Maybe make a pros and cons list? I hope you find a good soltution 🙂
Post # 7
In a normal situation, no chance – I have left jobs in the past, but at the moment, living where I live unemployment at 25% and rising, I know I am bloody lucky to have a job so I’m sticking it out. The way I look at it, having a crappy job just makes my private life, which is fantastic, even more great!
Post # 8
Welcome to my life. 🙂 I’m only still here because my boss lets me study for the CPA exam whenever I have free time and the hours are flexible so I can come and go as I please as long as I get my work done. The insurance is expensive ($183 per paycheck for health/dental for my husband and me) but at least I have it and it’s pretty damn good! We’ve also got a generous 401k match that has no vesting schedule, which is awesome. I’ve been here almost 6 years and we’re such a small company, so there isn’t anywhere for me to go, promotion wise. I’m the only accountant, there’s not much else I can strive towards, so I’m bored. My boss knows that once I’m done with all my exams (ONE MORE!), I’m going to be looking for my replacement, so hopefully within the next 6 months I’ll be on to bigger and better things!
Post # 9
It depends on the change in benefits and pay. A 401k can be had anywhere. Most employers in the field will offer comprable 401k match to stay competitve. True that pension is hard to come by, but perhaps they make it up some other way? My company recently stopped the pension program, but to try to make up for it, they give an extra 3% into 401k instead. Stock option is nice, but I cant see that being worth all that much, typical discount is what? 15%? Benefit wise, I find it hard pressed to believe that it could be so awful it would worth being miserable. As long as there’s a decent health plan, and 401k.. I’m happy.. comparing benefits never really crossed my mind. (Maybe thats jsut stupid of me not to consider though).
Post # 10
My son is a type 1 diabetic. I would absolutely stay at a job I didn’t like for the benefits. My happiness at work is not nearly as important as providing for my family financially and with health insurance. I would be willing to leave for something similar but not if the benefits sucked. I couldn’t do it. I also have great flexibility in my current crappy job. I can leave to take care of my son if his infusion set (kind of like an iv) gets pulled out at school or if he is sick I can work from home. Even though I don’t like my job, it is awesome for my family and family life.
Post # 11
I think it depends on what you value more. Your life happiness or your 401k?
Post # 12
I am married, so I guess I’m not as concerned with the medical/dental/vision benefits, as I am with the retirement benefits. With the unknown future of Social Security, I want to make sure my hubby and I can retire comfortably. With medical/dental/vision, we’ll have two plans to choose from – my company’s and hubby’s company.
Right now, my concern is moving up, continuing to build my skillset, and making a decent amount of money. I want to become an irreplacable employee. Then in a couple of years, when we decide to have kids, I would like to become part time, so I can be a part time Stay-At-Home Mom. We need a financial cushion in order for me to become part-time, though.
Post # 13
@nerd2215: That’s my dilmema. Life happiness in my 20s or life happiness when I can retire, because of my awesome pension and 401k. =)
Post # 14
I think only you and your husband can truly answer that.
Personally, I wouldn’t put my happiness on the line for a lot of money. Or at least for a long time I wouldn’t.
Post # 15
I would not leave a job with great benefits until I found something that would give me more in the long run (better pay, chances for advancement). If you like the company itself I would stay until there is a different position available.
Post # 16
Darling Husband can’t get any benefits through his job, so we don’t really have an option right now.