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Compensation

Motivating factors: When it comes to compensation, especially for doing a full-time job, money is a huge factor and motivator. A full-time job means that you will be spending 1/3 of your life in this place and giving up a lot of your abilities and talents, so of course compensation is something that is a motivator or a de motivator. It is also likely that “compensation” takes form in other ways than just money. For example, many full-time jobs offer health insurance and retirement benefits. For me personally, I chose my current job because of a multitude of compensation factors. I had been laid off from my previous career and was coming close to the end of my severance. I was offered my current role, and while the money was less than motivating, the other compensation factors were extremely attractive and made me consider. In my current role, I don’t make as much per hour as I used to, but my benefits are extremely better. I was also able to negotiate my starting wage a bit higher than offered, so it all worked out in my favor. I was willing to take the ego hit of “losing money” on paper, but in reality, gaining much more because of the benefits. Ultimately, what led me to accept the offer that was not as high as I wanted it to be was for two reasons, the benefits were so much better than my previous job and would make up the difference in my salary lost and because I wanted to finish my degree and this role would enable me to do so in a fast manor and with a large discount. Oh yeah, you can’t forget the fact that I wanted to start making money again, as I stated earlier, my severance was running out and unemployment wasn’t cutting it. Keeping my household afloat with no money interruptions was my main motivator and I clearly lucked out because of all the other benefits I am receiving.

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