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I am in a fortunate position of having tonnes of holidays in my present job.

I am looking at another position with 5 fewer days, and less flexibility in when you take them.

I have been trying to compare the two holidays quantitatively using commute costs (easy), salary (easy), pensions (not sure how to address), as well as things like commute time.

When it comes to holiday, looking at your daily rate doesn't really make sense. You don't earn 5 days less pay if you have fewer holidays. So how do you compare the two jobs? Is it just another intangible like commute time?

dg99
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gaijintendo
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1 Answers1

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A purely factual approach to placing a monetary value on the PTO would be to compute your daily rate and then figure an actual daily rate if you utilize your vacation days. This assumes you are salaried. For instance:

$52000 / yr and 260 workdays -> $52000/260 = $200 / workday
$52000 / yr and 255 workdays -> $52000/255 = $204 / workday
$4 * 260 = $1040 is one value to put on the vacation time.

Another much more subjective approach is to evaluate the utility value of the extra PTO. Do you generally utilize all of your PTO now? If so then losing 5 days PTO may have an adverse impact on the quality of your life.

Raze
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