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Personal Financial Management in a Transition 3. Job Search Objective elements and tying in your personal financial objectives. Base you financial plans off of your central job search objective(s). The Four Elements of a Job Search Objective Job Location Money
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Personal Financial Management in a Transition 3. Job Search Objective elements and tying in your personal financial objectives • Base you financial plans off of your central job search objective(s). • The Four Elements of a Job Search Objective • Job • Location • Money • Priority of those three • How the inter-play of those elements impact your Personal Financial Management during your transition
Inter-play & Impact • The Money = the total compensation package: pay, benefits, and perquisites (perks) • The Location • Cost of living in that area • Prevailing salaries in that area • What employers are paying for that job in that location • The job • Type of job • Compensation ranges for that job • Research options
Location: Comparing Costs of Living Bank Rate http://www.bankrate.com/calculators/savings/moving-cost-of-living-calculator.aspx CNN Money http://money.cnn.com/calculator/pf/cost-of-living/
Relocation Essentials http://www.relocationessentials.com/aff/www/tools/salary/col.aspx
Jobs & Money: Salary Research www.bls.gov/oco