What would it take for you to move for a job?

[Formerly Rockymtnole]

I know there are a lot of reasons people move, but wondering about people's thresholds for moving or not moving when looking at it solely from a financial perspective, and assuming COL is roughly equivalent.

Gain of X% or X dollars in comp? (Meaning how much more would you need to earn to move to a new location?)

Or a loss of X% or X dollars in comp? (Meaning how much of a pay cut would you be willing to take to stay where you are currently? )

 

[YogiNole]

I know there are a lot of reasons people move, but wondering about people's thresholds for moving or not moving when looking at it solely from a financial perspective, and assuming COL is roughly equivalent.

Gain of X% or X dollars in comp? (Meaning how much more would you need to earn to move to a new location?)

Or a loss of X% or X dollars in comp? (Meaning how much of a pay cut would you be willing to take to stay where you are currently? )

If I was desperately looking for a job then comparable numbers to last job I held, adjusted for cost of living.

If I'm currently employed, above requirements + some combination of salary bump, location, bonus & stock options

 

[More Kirk Less Spock]

1) I'd have to like and be interested in the work
2) Have to find the place at least reasonable pleasant
3) Pay me substantially more than I'm making now.

some combination of these

 

[TexSkills]

1) Would it be worth it to uproot my wife from her job/Would my wife even want to go
2) $$$$
3) Is there an opportunity to advance or move up
4) $$$$
5) Is it a place that I can at least enjoy

If I were to uproot and go somewhere else, it would take quite a bit of $$ for me to do so. Cost of living varies from place to place but most places are more expensive than where I am now. At least, places that I would probably consider.

 

[DanC78]

one would be that I had no job, or if it paid a guaranteed $300,000 plus commissions a year, or around that number.

 

[RunRonnieRun]

• Enough money for my wife to stop working.
• Some points / equity in the company.
• A desirable new location. Especially important considering that I really like where we live now.
• An all-inclusive moving package. I hate moving.

 

[More Kirk Less Spock]

1) Would it be worth it to uproot my wife from her job/Would my wife even want to go
2) $$$$
3) Is there an opportunity to advance or move up
4) $$$$
5) Is it a place that I can at least enjoy

If I were to uproot and go somewhere else, it would take quite a bit of $$ for me to do so. Cost of living varies from place to place but most places are more expensive than where I am now. At least, places that I would probably consider.

Well, you live in St. Augustine which is pretty darned nice.

 

[goldmom]

Ha ha! If you are with a large Fortune 500 and you refuse a move, your career dies. Or at least that is how it used to be. You shouldn't be asked to move in the first place unless there was a promotion with a good raise, a move package and other perks. Unless it was a lateral move that saved your job, in which case you should probably look around anyway.

I seriously cried all the way from Tampa to Madison Wisconsin.

 

[NDallasRuss]

It would have to fit well into my long-term career goals - well enough to justify moving the family. The big thing is pulling the kid out of school, now that she has somewhere where she thrives, and where she has friends that she likes. But if it allows me to take the next step forward, in an environment that allows me to do some good, interesting work that builds my skills and experience and prepares me for the following step(s), then I'd definitely consider it. The location would be important - especially for the wife - but for me it would be more about quality of the schools, what there is to do on the weekend, climate, crime/safety/traffic, etc.

 

[TexSkills]

Well, you live in St. Augustine which is pretty darned nice.

It is nice and I like where I live which, if I were offered a job somewhere else, it would come down to the wife factor, money factor and location desirability factor.

 

[given2fly]

Ha ha! If you are with a large Fortune 500 and you refuse a move, your career dies. Or at least that is how it used to be. You shouldn't be asked to move in the first place unless there was a promotion with a good raise, a move package and other perks. Unless it was a lateral move that saved your job, in which case you should probably look around anyway.

I seriously cried all the way from Tampa to Madison Wisconsin.

I work at a company in the top half of the fortune 500 and that is how it works for me. What would it take me to move? I'd be asked to move and that would probably be enough.

 

[Formerly Rockymtnole]

It would have to fit well into my long-term career goals - well enough to justify moving the family. The big thing is pulling the kid out of school, now that she has somewhere where she thrives, and where she has friends that she likes. But if it allows me to take the next step forward, in an environment that allows me to do some good, interesting work that builds my skills and experience and prepares me for the following step(s), then I'd definitely consider it. The location would be important - especially for the wife - but for me it would be more about quality of the schools, what there is to do on the weekend, climate, crime/safety/traffic, etc.

Yeah, the effect on the children is the hardest thing for me to think about. I'm sure they're resilient but for whatever reason I have nightmares of moving and them hooking up with the wrong crowd and failing in school.

But Goldmom moved a lot and her kids turned out fine.

 

[Formerly Rockymtnole]

It is nice and I like where I live which, if I were offered a job somewhere else, it would come down to the wife factor, money factor and location desirability factor.

Meaning like an upgrade on all three?

 

[Formerly Rockymtnole]

I work at a company in the top half of the fortune 500 and that is how it works for me. What would it take me to move? I'd be asked to move and that would probably be enough.

Why so beholden to a particular company?

 

[MVT ATLANTA]

I did just this 2 years ago.

Now keep in mind that I had just sold my business and was struggling to get started in RE. We were living in Tampa as a family of 4 on a teachers salary. Not much to go on.

I had an offer to return to an industry that I had previously worked and had some former co worker connections with the new company. On my interview, it was for a position in Houston. They asked if I was receptive to other parts of the country. I said if it made sense for my family. Well that other place was the midwest, Indianapolis to be precise.

We have two teenage daughters and my wife loved her teaching job. But, the salary was generous and it turns out, more than generous. So it was the right move.

Two years later I'm interviewing for a mgmt position with the company and might be able to move to Charlotte(which the wife would prefer). My kids are close to graduation and have been very adaptable to the changes.

Bottom line, if you are married with kids, as long as you all are on the same page and can support one another. It works out fine.

 

[QuaZ2002]

Single, no kids here. Would have to be a desirable location, a stable management team above me, and probably at least 15% raise. If I was married with kids it would have to be significantly more money than that.

 

[ncnole1975]

I know there are a lot of reasons people move, but wondering about people's thresholds for moving or not moving when looking at it solely from a financial perspective, and assuming COL is roughly equivalent.

Gain of X% or X dollars in comp? (Meaning how much more would you need to earn to move to a new location?)

Or a loss of X% or X dollars in comp? (Meaning how much of a pay cut would you be willing to take to stay where you are currently? )

Better weather. Better traffic. Slower pace of life. Better quality of life.

I live in Chicago. If I could find a job paying me what I make now in any number of cities with the above criteria, I'd be gone in a flash

 

[goldmom]

Ncnole, you wouldn't necessarily need to make the same money in a state with lower taxes, would you? Don't know your situation but I do know Chicago and Illinois taxes are pretty burdensome.

 

[Seminiferous]

The answer: "$''.

Or so I'm told.

 

[Gonolz]

I know there are a lot of reasons people move, but wondering about people's thresholds for moving or not moving when looking at it solely from a financial perspective, and assuming COL is roughly equivalent.

Gain of X% or X dollars in comp? (Meaning how much more would you need to earn to move to a new location?)

Or a loss of X% or X dollars in comp? (Meaning how much of a pay cut would you be willing to take to stay where you are currently? )

I'm the wrong person to ask on this question. From a purely financial perspective, I made a disastrous decision in moving to a new job. I do, however, have a far superior quality of life and only occasionally regret the financial part.

 

[TexSkills]

Meaning like an upgrade on all three?

Only thing I could upgrade is the money factor. I've got the location and wife factors I want

 

[RTM58]

Big pillowy boobs with defined tan lines, preferably real but it's not a requirement.

Why would you ever leave this?

 

[ncnole1975]

Ncnole, you wouldn't necessarily need to make the same money in a state with lower taxes, would you? Don't know your situation but I do know Chicago and Illinois taxes are pretty burdensome.

Sales tax is stupidly high. State income tax is about 3% and my property taxes are about $15k a year, so you would be correct!

 

[FreeFlyNole]

I'd move back to Colorado in a heartbeat. For 1/2 the money and I'd walk with a little red wagon with only my favorite 3 items.

However that would mean my wife and kids had been abducted by aliens.

Having executed 2 cross country moves in the past 4 years, it would take a lot to make me move. I don't know if I would do it just for a dollar figure, as we live close to my inlaws now and they are such an active role in my children's lives and no amount of money could replace that.

The location would play a big factor too, I would pretty much only move to Denver, Salt Lake City, Tampa, Austin, Atlanta or San Diego at this point.

On the other side of the coin, I could stand to make 1/2 as much money as I make now and still stay where I am, the cost of living is fairly low and we live a pretty modest life, neither my wife nor I buy a lot of frivolous stuff, drive luxury cars or care at all about keeping up with the Jonses. My wife could always go back to work to supplement that too, so really less than half.

The idea of moving right now makes me shudder, I think I'd burn my house down with all my shit in it before doing it again, and that is even with the help of movers. I'm sure I'll get the itch again in a few years, but I've put too much elbow grease into this house and am just starting to settle in.

I've had 2 job offers for significantly more money in the past 2 years, one to Huston and one to Austin. Huston, no way. Austin I'm sure I'd go, but it would have to be the right time. Now is just not the right time.

Also, I really like my job right now, all money aside I really like the job, so theres that, it would be tough to leave a job you actually like. I work too much, but it's a worthy cause so it makes it a little easier to tolerate.

 

[Oski Germany]

I move every few years and mostly it is always overseas but that is the line of work I’m in. I was in Charleston, SC the last 4 years, the longest I’ve been in the US in over two-decades. It is hard on the kids but am hoping all the cultures and languages they experience will compensate.

 

[SeaPA]

I'd move back to Colorado in a heartbeat. For 1/2 the money and I'd walk with a little red wagon with only my favorite 3 items.

However that would mean my wife and kids had been abducted by aliens.

So they aren't the three things in the wagon?

Might have to branch off of this thread, what are the three things Free puts in his wagon?
My guess, 1) parachute 2)bottle of Pappy 3)sous vide machine

 

[cmanole]

Mid to high six figures in the Panhandle or Bradenton/Sarasota only...

 

[SeaPA]

Mid to high six figures in the Panhandle or Bradenton/Sarasota only...

Six figures for you???
You must be including the two to the right of the decimal.

 

[HilltopperNole]

Guess the perspective is different for me having moved 4 times already since college. It doesn't take much. Promotion, more money and the new place not be a complete hell hole. Things could change once I have children but for right now I'm in the "Coach U-haul" club.

 

[vevois23]

1) Would it be worth it to uproot my wife from her job/Would my wife even want to go
2) $$$$
3) Is there an opportunity to advance or move up
4) $$$$
5) Is it a place that I can at least enjoy

If I were to uproot and go somewhere else, it would take quite a bit of $$ for me to do so. Cost of living varies from place to place but most places are more expensive than where I am now. At least, places that I would probably consider.

Pretty much this. The wife has a job she enjoys and makes decent money at. My parents are in town and hers are 2.5 hours away so our 2 kids get plenty of grandparent time (something I never really got as both grandfathers passed when I was a year old and one grandma passed when I was 8, so I really appreciate what they get). Now since I am in Tally and the in-laws are in Jax, I could easily see moving over there for comparable money.

As for the flip side. The wife and I have lived off of about 25% less while having both kids. It was tight at times, but we managed.

Also I would have to be able to find friends like the ones I have here. I have a pretty good core group of about 8 that I see regularly, a couple from this board. It would be hard to uproot and find as good a group of guys.

 

[FreeFlyNole]

So they aren't the three things in the wagon?

Might have to branch off of this thread, what are the three things Free puts in his wagon?
My guess, 1) parachute 2)bottle of Pappy 3)sous vide machine

My move would look something like this

 

[TexSkills]

The wife has a job she enjoys and makes decent money at. My parents are in town and hers are 2.5 hours away so our 2 kids get plenty of grandparent time

Similar to my situation. My wife is an oncology social worker and loves her job. My mother is in JAX and my in-laws are moving up to Ponte Vedra from Port Charlotte. I have cousins, aunts, uncles, my grandmother and quite a bit of family around here.

Now since I am in Tally and the in-laws are in Jax, I could easily see moving over there for comparable money.

Comparable? Hell, I would think moving from the Tally market to JAX would mean more money.

 

[vevois23]

Similar to my situation. My wife is an oncology social worker and loves her job. My mother is in JAX and my in-laws are moving up to Ponte Vedra from Port Charlotte. I have cousins, aunts, uncles, my grandmother and quite a bit of family around here.



Comparable? Hell, I would think moving from the Tally market to JAX would mean more money.

Mine's a teacher, but just moved from a classroom to the media center and by all accounts loves the lowered stress level and reduction in lesson planning. I figure if we moved she could get a job in St John's county vs Duval. At this point though we are trying to convince her folks to sell and move over here. I think if her mom can get past this cancer thing (all signs are pointing to a positive outcome) then we will have a better than not chance.

I just meant that I would be willing to take what I make now, it would not have to be a raise that got me to move. I would definitely be making more in a move though as it would be going from state work to private sector. There are a couple of firms that do work in the tax field that I think I could get hired on with based on my time with Revenue.

 

[cmanole]

Six figures for you???
You must be including the two to the right of the decimal.

No more shines SeaPA. Maybe you didn't hear about it, you've been away a long time. They didn't go up there and tell you. I don't shine shoes anymore...

 

[Seminole'13]

Would have to be a helluvan opportunity to get me out of Tampa.

Whoever said Tampa to Wisconsin? I'd need about double to make that move. Money doesn't equal happiness, and there's a lot of things that would make me unhappy living in Wisconsin versus Tampa.

 

[seminoledq]

I am only interested in moving to one place (gulf coast of FL) so at this point all it would take is an offer comparable to what I have now. The plan is to move in about three years whether I have an offer or not so getting one now would be a bonus.

 

[RunRonnieRun]

I am only interested in moving to one place (gulf coast of FL) so at this point all it would take is an offer comparable to what I have now. The plan is to move in about three years whether I have an offer or not so getting one now would be a bonus.

Thought you were focused on the Keys? When did gulf coast become the leader of the pack?

 

[goldmom]

Would have to be a helluvan opportunity to get me out of Tampa.

Whoever said Tampa to Wisconsin? I'd need about double to make that move. Money doesn't equal happiness, and there's a lot of things that would make me unhappy living in Wisconsin versus Tampa.

That was me. Happened in 1985. My husband had just gotten his MBA, paid for by the company. They told him that since they paid the bill they wanted him in Madison to do Product Development. I was absolutely devastated at the time. Turns out he was very unhappy at Corporate in just a few months. He ended up taking a job offer for a VP/ Southwest with a competitor, located in Dallas. THAT was a lifesaver.

 

[seminoledq]

Thought you were focused on the Keys? When did gulf coast become the leader of the pack?

Keys would still be ideal but not sure the finances will line up to get a place there. We want a house not a condo or apt and you can't touch one from Islamorada on down. Although I still run a search quite often just in case. In the meantime we have been looking at the stretch of beach from St. Pete Beach up to Clearwater Beach and really like it. Next step is spending a few weeks in a VRBO place and try to get a better feel for what it's like to live there rather than vacation there.

 

[Nole Lou]

Right now, with kids in school, it would have to be considerable. Maybe +50%? And the location would have to tick a lot of boxes.

I'm brutally sick of living where I'm living, but it's a "good" place to live. But when my youngest is out of high school, we're gone. We're setting up to be in a position to significantly downgrade our lifestyle at age 50, and to be able to have a pleasant life and not have to make much money/have stressful jobs. I want out of the rat race.

A move now would complicate that plan significantly, but if the money was so good and the location so attractive that it would further than plan, I would consider it.