I was able to negotiate a slightly higher sign on bonus ($5,000 more than the original offer), so I went for it. The salary is about 10% higher, and I'll get a comparable stock package, and have a similar bonus opportunity. When you factor in the cost of living in California, the overall package is about even with what I was making in Washington. That said, the company was willing to match my stock awards from my current employer. I was going to have to walk away from that money at the end of last week, & it's pretty much unheard of to get another employer to offer you those awards back (well, similar dollar amount, but in *their* company stock, of course). All told, I was able to retain $160,000 of company stock by landing a job this quickly, so it was a pretty huge deal for us. The odds of it happening were very small, so I hadn't even envisioned a financial scenario where this happened. I'll have to go back to the books & recalculate a few things.
I'll be paying for childcare again, which is about $1100/month, so no small amount.
In other news, the boys had a soccer game today (we got crushed), it rained cats & dogs, so we had to cancel a picnic, and I made homemade pizza. Cheese for the kids, gouda/meatball/green pepper for the adults. Yum!
I'm getting my hair cut for the first time in 5ish months (I think), & I'm excited! Here's what else I hope to do tomorrow:
- Get a hair cut
- Go for a run
- Plan the menu for the week
- Do yoga
- Stock the freezer with a few meals
Congrats on the new job!
ReplyDeleteThank you! Fingers crossed that it's a fun team - that's just the kind of thing that's impossible to assess until you are actually working there.
DeleteCongrats - you obviously are worth it! It is raining cats and dogs here today on Vancouver Island although last night it was clear and we could see all the stars. Have a nice cozy weekend!
ReplyDeleteI hope I'll be worth it once I start! The weather was awful yesterday, but it's back to 75 & gorgeous today. I went for a walk in the sunshine & took the kids to the park. Love it!
DeleteCongrats on your new job! That's quite a stock option bonus.
ReplyDeleteThe tech industry is notorious about the options in order to retain staff with very specific knowledge. That said, the price of a not too nice house near hear is well over $1.5M, so the stock doesn't go very far. ;-)
DeleteWoot, many congrats on the new job! That's great you were able to match the stock options. Every bit helps.
ReplyDelete