I might scream this from the mountain high if I might. Huge cities don’t essentially pay extra. Huge cities don’t pay extra! BIG CITIES DON’T PAY MORE (not less than not sufficient extra)!
Don’t get me incorrect. I’m not saying you shouldn’t transfer to an enormous metropolis. I like massive cities. Earlier than Memphis, I used to be dwelling within the Los Angeles space. It was lovely. Given the chance, I might do it another time.
However, as you already know – cash doesn’t go as far there. In California, my house value about the identical amount of cash as an house in Tennessee. However, are you able to guess what was completely different? It was lower than half the dimensions of what I used to be used to. It had no air con. It had no dishwasher. It had no personal parking. And, it had no washer or dryer for my garments.
That sounds prefer it will need to have been an actual shack, proper? Flawed. I lived in the identical neighborhood the place celebrities lived. I bumped into a number of throughout my time there, together with Arnold Schwarzenegger and Maria Shriver (earlier than their breakup), Hillary Swank, and Minnie Driver.
Let’s get this proper. We’re not speaking low cost – we’re speaking completely different. Once I lived in LA, my priorities have been completely different. I’ve associates who nonetheless stay in cities like LA and NYC. Some stay in tiny flats. Others have roommates nicely into their 30s and 40s. It’s not an enormous deal. It’s not unhealthy. It’s simply completely different.
However, what most likely gained’t occur if you transfer to an enormous metropolis is that this. The brand new firm you’re to work for could pay you extra. However, they gained’t pay you that rather more. They’re not going to pay you a lot extra that you just’ll be capable to have the identical home in your new swanky metropolis. You’re going to must make decisions – like whether or not or not you’re down for dwelling in a smaller area.
Why is that this? Why wouldn’t an organization pay you an adjusted value of dwelling wage? For those who take an inside transfer, they could – or they’ll get nearer. However, should you’re going to work for a brand new firm, it’s unlikely.
That is the factor. An enormous metropolis like LA has tons and plenty of folks; 3.9 million to be actual. A lot of these individuals are certified to do the identical job you’re certified to do. Probably, you’ll have extra competitors on your job than you do at the moment in your smaller metropolis. And, it’s a provide and demand job market. If you wish to make $100K per 12 months, however there’s another person who already lives within the metropolis (and can be certified) that’s open to taking $85K, what incentive does the corporate must pay you $100K?
It’s that entire “massive fish, little pond” idea. And you realize, typically it’s good to be an enormous fish. For instance, a metropolis like Memphis typically pays extra for specialised expertise than LA. Why is that? As a result of there are only a few folks in a metropolis the dimensions of Memphis who can fill a sure job. However, in LA, there are many individuals who can.
Now that I’ve mentioned all this, let me say that it’s not unattainable to make rather more in a bigger metropolis. That is very true should you’re leaping up the ladder so to talk.
However, simply don’t assume {that a} massive metropolis pays you rather more. It’s not a given. And, for the most-part, that’s a fantasy. You might make extra, however the query is – how rather more? And, are you ready to strive dwelling with out air con or and not using a dishwasher?
After all, there’s no proper reply. It’s all a really private alternative. Simply make certain you perceive the pond earlier than you bounce into it.
I hope the following pointers have helped you. Go to CopelandCoaching.com to seek out extra suggestions to enhance your job search. If I could be of help to you, don’t hesitate to attain out to me right here.
Go to CopelandCoaching.com to seek out extra suggestions to enhance your job search. If I could be of help to you, don’t hesitate to attain out to me right here.
Joyful looking!
Angela Copeland
@CopelandCoach
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