Objective help in moving or not

[the-photographer]

Hello everyone, I am looking for some objective help in staying or going to a new post;

I am currently in the private sector, however have the chance to move to the public sector (education) which would offer:

- less money £3000
- much bigger pension 18%
- less commute mileage by about 10,000 miles per year
- about the same holidays

The pension means the gross benefit is more compared to the current private job, but you don't realize that until you retire!

The private company has small annual bonuses and small cost of living increases. The public sector one has very small bonuses and I will get stuck in the grading system (forever unless you find a higher grade role), therefore you are very exposed to future inflation.

Any advice on how to objectively decide?

[the-photographer]

I am 43, so some years before 55/65/ or even 75

[the-photographer]

Good point!

The difference is now 50 and the proposed post is 47.

Happy to here your thoughts.

[the-photographer]

Yes, I did use Excel and the gross benefit is more even though the headline salary is less.

However, I was expecting to find lots of advice saying "you'll get trapped in the system, don't do it"

[the-photographer]

PorkInsider said:

The (roughly) £1,800 net annual pay cut will be somewhat cancelled out by a 10k cut in commute miles, I suppose.

Agreed, its reduces to about £1000 because of the reduction in fuel costs.

[the-photographer]

craigjm said:

You will only get trapped in the system if you allow yourself to. Make sure you review your position at least every two years and if you want to get out do.

Thanks good advice!

[the-photographer]

21TonyK said:

I went from private/self employment to education and ignoring the financials make sure its the right environment for you.

I worked with the public sector as a consultant for several years and though I had a handle on how it worked.

Being exposed to it all day every day and having to deal with internal politics, people who are just there "for the job" and a complete lack of will to tackle problems and people who are grossly incompetent really starts to grate after a while!

Understood, in previous jobs I have worked for private company that supplied the education sector, so I think I understand the environment and have already seen the stereotypes you describe.

[the-photographer]

rog007 said:

In general, those margins are relatively small.

Why do you want to leave; root cause?

Take the job you’ll enjoy most as you will then get the most out of it (satisfaction and thus potential promotion).

If neither are your dream job, keep searching.

Good luck!

Root cause is reduction in commute miles and time, plus its a position I have previously held in the private sector (bus dev) and like meeting new people and making deals (in the educational sense for this company) it also exposes me to fashionable stuff of robotics/AI and all the things that will destroy society.

[the-photographer]

megaphone said:

Time wise, how long is your current commute compared to the new one?

Current post = 50 mins each way
New post = 30 mins each way

[the-photographer]

megaphone said:

the-photographer said:

megaphone said:

Time wise, how long is your current commute compared to the new one?

Current post = 50 mins each way
New post = 30 mins each way

So not a huge saving in time, 40 mins off your 'working' day. 3 hours a week to factor in.

True, but the reduction is mileage is also beneficial