Take the pay rise but hybrid or lower pay fully remote?
Hi all,
I’ve worked at my company for the past 5 years, I am currently remote for the past year. I’ve received a 15% pay rise to £115k per annum but if I come into the office (3 days a week mandated but could potentially get away with 2 days a week), the pay rise is £175k.
I am confused really whether to take the 2 days in the office or not for a £60k pay bump, when I work it out there’s about a £2.5k difference in take home pay per month. Any advice?
By way of background - I’ll probably be on maternity leave at some point next year, maternity policy is pretty good at 50% pay for 6 months.
The commuting costs from where I live in the U.K would be more expensive to London (talking £100s per month) plus I’d be looking at staying overnight somewhere in London every week. My pension is currently sitting at 22% via salary sacrifice to keep me under the £100k threshold. My pension currently has £150k in it so I’m also wondering when I start dropping this percentage.
Any advice in general would be much appreciated.