Better-paying job or mat leave coverage? Does not compute!
April 3, 2014 6:04 PM Subscribe
I have two job offers on my table, each with a sizeable pay raise above my current salary. Problem is, my current job has maternity leave benefits, and I don't think these two new jobs do.
I'm not pregnant yet, but we are planning to start trying seriously very soon. Yes I know it might be a long time before I actually get pregnant. Yes I will actually ask the companies about if they have mat leave benefits, but if they don't...
My current employer has great benefits and pretty lowball salaries. But they top up maternity EI benefits (I'm Canadian) to 66% of pre-leave pay for 1 year. My maternity EI income would be almost $26K for the year, the top-up from my current company would bring me to $50K. So my getting pregnant is worth about $24K there. With my husband's salary (much less than mine) that's enough that we'd go from "just getting by, maybe not" to "living frugally but comfortably".
The two companies with job offers are offering about $11K more than my current salary. I do intend to negotiate further. These companies also offer performance-based bonuses that could be fairly significant, in the several $K range which my current company does not.
So I'm wondering whether there's potential for the lack of mat leave benefits to negate the salary increase, if I got pregnant in a timely manner. Is this something I should try to have compensated for during negotiations (and how to dance around that subject...). What else can you say about getting a new job, anticipating trying for a baby as soon as the probationary period is up?