Just like in a bad relationship, sometimes we can all be guilty of idealizing a new position.
We don’t ask enough questions, and we ignore red flags and other warning signs. So, before you say “Yes!” and commit to this next position, consider these 9 factors.
1. What portion will your employer contribute to your medical insurance premium? Carefully evaluate the quality of the new medical plan.
2. What percentage will your employer contribute to your retirement fund or pension?
3. Does the PTO include the vacation time, sick time, holidays, extended sick bank, CME time (and money), and family leave time that you want?
4. Is it a better clinical fit or a setting you would rather work in? Is this a good career step? Is this a good challenge for you?
5. Does this company cultivate a culture, philosophy, and stability that benefits its employees? Often it is better to sacrifice a little money to be in a better work environment.
6. Does your salary cover the actual hours that you will work? Or will you be paid for 40 hours a week when you actually work 45 or 60?
7. Does this position schedule you in shifts that are better for you and your family?
8. Is the commute shorter? If so, how much gas money and time will you save with the new route?
9. Finally, be sure to consult a cost of living calculator such as this one. $100k per year in Chicago, IL can decrease to $78,116 per year in Mount Vernon, IL to maintain the same standard of living.