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October 4, 2021

Is a new job the right financial move?

  • In addition to the pay, consider the value of a wide range of benefits and other compensation.
  • By LIZ WESTON
    NerdWallet

    iStock image
    In addition to salary and any bonuses, commissions, profit-sharing or stock options, you should include employer-paid health and life insurance premiums as well as company contributions to health savings accounts and retirement plans.

    Whether you call it “The Great Resignation,” “The Great Reshuffle” or just high time for a change, millions of American workers are looking for new jobs — and some have already quit the ones they have. Better pay isn't necessarily the motivator, labor experts say. Many people are seeking greater flexibility, the ability to work remotely or other nonfinancial benefits.


     
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