Good Financial Reads: Your New Job

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Catch up on some of the latest posts with this week's roundup:

3 Steps for Evaluating Levers in your Offer Letter – Stock, Salary, Bonuses

Recently I received the following note: “I found the job I want!  I am pleased with the initial offer, but I asked the recruiter to go back and see if there was any more wiggle room to increase my total compensation. #negotiating

The recruiter came back with a new offer this morning. Total increase in my total compensation for year 1, but they increased the RSUs and lowered both of my signing bonuses.   How do I decide which offer is best for me?”

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Financial Considerations If You Want to Go Freelance or Become a Consultant

by Meg Bartelt, Flow Financial Planning

Are you tempted to quit your job and go freelance or become a consultant, providing the same services that you currently do you at your job?

I’ve noticed this trend in the women-in-tech community over the last year, and it intrigued me, so I asked a couple women who made this change. Why did they give up their good-paying, reliable(ish) full-time job for the uncertainty of self-employment? To only somewhat paraphrase: “Because I was sick of the bullshit I encountered at work as a woman. Now, I’ll be hired back in as the expert, so I should get a lot more respect.”

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How to prepare financially for career change

by Hui-chin Chen, Pavlov Financial Planning

Are you contemplating a career change? Having gone through a career change myself, I know how difficult it is to strip off your old identity and try to build a new one. Now on the other side, I can truly say that it is one of the most anxiety-inducing but liberating experiences I’ve had.

As a financial planner and a trailing spouse, I naturally meet with a lot of people who are in the process of looking for a new direction. One common theme I discovered is that many people only know that they are unhappy about their current job situation, but don’t exactly know how to find a way out.

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Offer Letter Basics: RSUs

by Rebecca Conner, SeedSafe Financial LLC

How do you evaluate an offer from a large tech startup or established tech company like Microsoft or Amazon?

The first step in evaluating your offer is to understand it!

Below, we discuss one of the components of your offer letter – Restricted Stock Units (RSUs).

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What Should I Do With My Signing Bonus?

Congratulations! You’ve got a job offer! And not only did you get an offer, but the wooing company promises to give you a big fat check on Day 1 to show you how much they care. Yes, the famed Signing Bonus.

It can be pretty intoxicating to get a giant chunk of extra money in a single day. Just as a reward for saying “yes.” But this is not “free money,” and you don’t want to blow it immediately on, well, anything, really (neither an awesome vacation nor a new car buy).

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