Comments on: Graduating? Evaluate Benefits for Job Offers http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/ Money issues for college students and 20-somethings, without being boring. Fri, 12 Mar 2010 04:36:08 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Maveth http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-70240 Maveth Sat, 17 Jan 2009 19:46:17 +0000 http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-70240 Thank you for the 401k info! I wanted to mention that their is one more benefit that a lot of jobs offer. Sometimes, instead of an FSA, your job would offer an HSA, which is basically is the same, except at the end of the year, it doesn't go away, it rolls over to the next year. Sometimes your employer will match your contributions on an HSA with a pre-arranged percentage rate. Thank you for the 401k info! I wanted to mention that their is one more benefit that a lot of jobs offer. Sometimes, instead of an FSA, your job would offer an HSA, which is basically is the same, except at the end of the year, it doesn’t go away, it rolls over to the next year. Sometimes your employer will match your contributions on an HSA with a pre-arranged percentage rate.

]]> By: Julia - Life Insurance Blog http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-55350 Julia - Life Insurance Blog Sun, 06 Jul 2008 19:37:07 +0000 http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-55350 Great write up. Shame I didn't take your advice (and my own now) when I graduated a couple of years ago. Just started a pension and sorted all of my insurance out so that I know I can feel confident that the debt I've built up won't go on to a loved one, should something terrible happen. Plus - I think employer are becoming aware that they need to offer these in a package more prominently to graduates in the future. Julia - Life Insurance Blog's last blog post..<a href="http://feeds.feedburner.com/~r/lifeinsurance-info/QrJh/~3/323501965/">Affordable Life Insurance - Is it possible?</a> Great write up. Shame I didn’t take your advice (and my own now) when I graduated a couple of years ago. Just started a pension and sorted all of my insurance out so that I know I can feel confident that the debt I’ve built up won’t go on to a loved one, should something terrible happen. Plus – I think employer are becoming aware that they need to offer these in a package more prominently to graduates in the future.

Julia – Life Insurance Blog’s last blog post..Affordable Life Insurance – Is it possible?

]]> By: Welcome to the First Finance Fiesta! | Master Your Card http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-52659 Welcome to the First Finance Fiesta! | Master Your Card Thu, 05 Jun 2008 12:04:59 +0000 http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-52659 [...] presents Graduating? Evaluate Benefits for Job Offers posted at Poorer Than [...] [...] presents Graduating? Evaluate Benefits for Job Offers posted at Poorer Than [...]

]]> By: Benjamin http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51998 Benjamin Tue, 27 May 2008 07:10:14 +0000 http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51998 Remember the "best" job for you right of college may not necessarily be the one that give you the highest salary or best benefits. You want to consider jobs that will offer the best experience that you can take with you to a more lucrative position in the future! Benjamin's last blog post..<a href="http://www.treesfullofmoney.com/2008/05/best-of-blogs-exotic-frugal-vacations.html">Best of the Blogs: Exotic "Frugal" Vacations, The Drug Store Game, Financial Emergency Plan, Personal Filing System</a> Remember the “best” job for you right of college may not necessarily be the one that give you the highest salary or best benefits.

You want to consider jobs that will offer the best experience that you can take with you to a more lucrative position in the future!

Benjamin’s last blog post..Best of the Blogs: Exotic "Frugal" Vacations, The Drug Store Game, Financial Emergency Plan, Personal Filing System

]]> By: ArriaMinerva http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51966 ArriaMinerva Mon, 26 May 2008 18:29:29 +0000 http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51966 Long time no speak, Ms. Collins. This blog came up in my Facebook feed and for once I felt compelled to comment. A lot of the people I went to college with don't see my salary as equating to all that much, but Lehigh gives me some pretty sweet benefits- in fact, they make up more than a third of my salary. One thing about retirement plans and 401k plans. Unless you got a kick-ass job right out of the door, you're probably going to have to wait, in my case it is 2 years, before your employer starts to contribute. Younger employees are regarded as higher flight risks, so they don't contribute unless you're 35 or older, or you've proven you're sticking around. That being said, also consider the benefits of the insurance that go beyond employer contribution. Nicer insurance plans tend to have large amounts of negotiation power. A dental plan that has a $1000 plan cap is worth more than the $1000. Work that would cost you $250 out of pocket is negotiated down to $115, for example. Hope this contributes something. Long time no speak, Ms. Collins.

This blog came up in my Facebook feed and for once I felt compelled to comment.

A lot of the people I went to college with don’t see my salary as equating to all that much, but Lehigh gives me some pretty sweet benefits- in fact, they make up more than a third of my salary.

One thing about retirement plans and 401k plans. Unless you got a kick-ass job right out of the door, you’re probably going to have to wait, in my case it is 2 years, before your employer starts to contribute. Younger employees are regarded as higher flight risks, so they don’t contribute unless you’re 35 or older, or you’ve proven you’re sticking around.

That being said, also consider the benefits of the insurance that go beyond employer contribution. Nicer insurance plans tend to have large amounts of negotiation power. A dental plan that has a $1000 plan cap is worth more than the $1000. Work that would cost you $250 out of pocket is negotiated down to $115, for example.

Hope this contributes something.

]]> By: Stephanie http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51664 Stephanie Fri, 23 May 2008 01:30:56 +0000 http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51664 @Anitra - Yes, this is "meant" to help you evaluate if you have more than one offer you're weighing, but I think it can also be helpful for just one offer, because it gives a clearer view of the "real" salary, after benefits are taken into account. @Anitra – Yes, this is “meant” to help you evaluate if you have more than one offer you’re weighing, but I think it can also be helpful for just one offer, because it gives a clearer view of the “real” salary, after benefits are taken into account.

]]> By: Anitra http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51651 Anitra Thu, 22 May 2008 21:06:03 +0000 http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51651 Of course, all of this assumes that you'll actually have multiple job offers to compare at the same time.... I have had three jobs since leaving college, and I never had multiple firm offers I could consider at once - rather, any offers I got wanted a response back VERY quickly, so I had to decide on each one "Is this what I want, or am I going to hold out in the hope that the next one will be better?" Of course, all of this assumes that you’ll actually have multiple job offers to compare at the same time…. I have had three jobs since leaving college, and I never had multiple firm offers I could consider at once – rather, any offers I got wanted a response back VERY quickly, so I had to decide on each one “Is this what I want, or am I going to hold out in the hope that the next one will be better?”

]]> By: Abdul http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51531 Abdul Wed, 21 May 2008 13:37:35 +0000 http://poorerthanyou.com/2008/05/21/graduating-evaluate-benefits-for-job-offers/#comment-51531 OMGWTFBBQ! What is your affiliation with bantown? You're full of surprises Stephanie. OMGWTFBBQ!

What is your affiliation with bantown?

You’re full of surprises Stephanie.

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