Im an auditor in public accounting (big 4) and my 12 year old sister just moved in with me due to a family emergency. Well im faced with a delima given that my current job requires me to travel and work extensive hours. So im looking for a less demanding job so that i can attend to my sister. Recently i was extended an offer from the federal government, however the pay is $10K less than what im worth and the grade level is the same one that they would give me straight out of college. Considering the facts mentioned above do you think i should take this job?
2007-11-15 13:59:16 · 5 answers · asked by mscpa 1 in Business & Finance ➔ Taxes ➔ United States
Go for it. For a basic accountant with a bachelor's degree, I am presuming the grade you would have been given straight out of college is GS-7 for which starting pay ranges from $35,752 to $41,367 depending on your locality. (Low rates in the backwaters, high rates in the big city. Top rate in in the San Francisco area. After one year you would get a promotion to GS-9 which pays $43,731 to 50,599 and in another to GS-11 which pays $52,912 to $61,221. After that you have to compete for promotions. There are also 10 steps of time in grade raises of about 3% that you get for performing satisfactorily. Your first year would be tough but you catch up fast. You also do your 40 and go home. Four weeks vacation after three years and five after 15 is better than most private employers.
2007-11-15 16:29:31 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes definately! I've always wanted to become a teacher, but the starting salary is too low so I opted for engineering. The gov't can't expect people to work for a salary that can probably be attained without a degree at all (I know plenty of hs graduates making 25-30k). I really think that teachers should at least start out in the 40s. It is a noble profession ,and in truth, it IS just as important as engineering, medicine, law, and business. Maybe if they did raise salaries, more people would flock to the profession. BTW, the only teachers with a BA/BS who start out in the 40s live in states where the cost of living is extremely high (ie California). I know for a fact that most entry level teachers in the south start out at 28-30k. And those salary increases are slow!
2016-05-23 08:37:27 · answer #2 · answered by marceline 3 · 0⤊ 0⤋
My guess is that you're not really losing that $10,000 if you look at the whole package. Consider the additional vacation and sick time that you will get with the government which generally is not available in the private sector. Also, take a look at other benefits, such as the portion of your health insurance that the government pays when you're an employee.
If you're still wavering, try negotiating for a higher starting salary. I've heard of others who have used this tactic successfully.
Good luck!
2007-11-15 15:49:00 · answer #3 · answered by figment_usa 5 · 0⤊ 0⤋
Nobody ever laid on their deathbed and said, "I should have spent more time at work."
I just gave up about $10k in income for a job with predictable hours and little travel so I could spend more time with friends and family. I miss the travel, but don't miss the long hours and aggravation. The 10 grand? Hardly noticed it. Guess I partied away a lot more on the road that I'd figured...
2007-11-15 14:05:50 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Assuming the lower salary meets the financial needs of your family, it may be worth the trade off to get more time with your family.
Also, it there any room to negotiate a more senior position and salary after you have worked for the feds for a while, and, hopefully, the family emergency has lifted?
2007-11-15 14:12:57 · answer #5 · answered by mr_fartson 7 · 0⤊ 0⤋