Current Job – 35k with 2k annual bonus I currently work full time 10-6pm Mon-Fri. 5 weeks annual leave.
This means I take my two children to school every day (YR 6 & 4) and they do a mix of ASC / activities 3 days a week and my husband collects at 3pm twice per week. I arrive home at approx. 7pm. 2 hour daily commute. Kids do a mix of sports camps during school holidays when I am not on annual leave.
Potential Job – 27k – this is actual take home salary, FTE is approx 32k. Job is term time only. 8.30 -5.00 Mon 8.30-3.30 Tues-Fri So I won’t be able to take kids to school or pick up any day although the commute is only 15mins so will be home by 4pm, 4 days a week to collect from whatever new arrangement I put in place.
I want to accept the new job as I think this will be a much better work life balance.
I'd go for the new job. Term time only wouod be brilliant.
I've recently started work again. Part time but I'll only be off 1 day a week so I've lost my school holidays at home. I'd prioritse that and a shorter commute and being home by 4pm over taking to school.
So 7k (minus tax and pension) less to live on? Only you can know how doable the finances are. I imagine childcare will balance out as you'll need breakfast club but less holiday care.
I have a term time job and really like it as I see a lot of the children and I don't have to juggle or worry about childcare during the holidays. There's no battle with colleagues about who gets Christmas like in my old job. Although it's surprising how far 5 weeks annual leave plus 8 bank holidays can stretch (my old job) and I do miss the flexibility a little bit.
Go for the term time, if that's what you really want.
I have found that the more hours I work, the more money I need to throw at things (food, travel, all sorts of things) so working less hours doesn't necesarily mean less money, because it also often means less spending, too.
And the net saving on not paying for holiday clubs? For my two, I pay around £300 a week for 8-6 x2 kids. With me only having 5 weeks holiday, they end up in holiday clubs for 8 or 9 weeks a year. So around £2.5k out of my net salary. Approx. £3k gross. (Estimates before anyone jumps on my maths!) So, the impact on household income would be be negligible.
I would say your work life balance would be much better with the new job. But, you will need to find the money from somewhere to keep your children entertained in the holiday. If they are anything like my institutionalised children who are used to on tap activities at clubs, they will be rubbish at their own entertainment!!
Also I'm assuming that job 2 has a walking commute if it's 15 mins. And job 2 has a driving or public transport one if it's an hour each way? You'd save a lot of the salary difference on the commute alone.