🤝 Job Offer Comparison Calculator

Two offers, one number each — and the bigger salary is routinely the worse deal once the 401(k) match, bonus, PTO, insurance premiums and a longer commute are priced. This calculator totals each offer's real annual value and computes the truest metric of all: what each job pays per hour of your life.

Why the salary number misleads

Base salary is the loudest number and frequently the least decisive. A $92,000 offer with no match, thin PTO and a $350/month premium share is worth less per year than an $85,000 offer with a 4% match, 20 days off and cheap insurance — before counting a shorter commute. The components people skip: the 401(k) match is literal free money (4% of $85k is $3,400/year — see why the match comes first); health premium shares differ by $2,000-5,000/year between employers for similar coverage, and deductible/out-of-pocket differences can double that gap for families; an expected bonus is real but probabilistic — haircut it by how reliably it pays (ask the recruiter what last year's actual payout percentage was); and PTO is income you're paid while living — eight extra days is 3% of the year.

The true-hourly-rate lens

The second table row that changes decisions: divide each offer's total value by the hours it actually consumes — work hours plus commute, on the days you're not on PTO. A 45-minute-each-way commute is ~360 unpaid hours a year, an entire extra work-month and a half; a remote job's per-hour value routinely beats a 10%-higher in-office salary once those hours enter the denominator (the commute calculator adds the driving dollars on top — fuel, wear and parking are their own $2,000-5,000). Per-hour framing also handles culture honestly: a "$95k" job whose real norm is 50-hour weeks pays 20% less per hour than the sticker suggested. Ask about actual hours in the interview — it's a compensation question wearing a culture costume.

What this calculator deliberately leaves out

  • Equity. RSUs can dwarf everything above — and deserve their own math with tenure and volatility haircuts; the RSU guide covers pricing them into an offer.
  • Raise trajectory and title. A job paying $3k less but promoting in 18 months wins by year three — every future raise compounds off the new base. Weight this heavily early-career.
  • Stability and severance culture. A volatile employer's premium is partly risk compensation; discount accordingly.
  • Retirement plan quality beyond the match — a plan with 0.8% target-date funds quietly claws back part of the match's value (fee impact).
  • State taxes on a relocation — a $10k raise moving from Texas to California can net negative; run both versions through the take-home calculator.

Using the output to negotiate

The gap this calculator surfaces is your negotiation script. If Offer A wins on total value but you prefer B's work, tell B specifically: "A's package is worth about $4,000 more once the match and premiums are counted — can you close that?" Concrete component math is far harder to wave off than "I was hoping for more." Remember which levers move easiest: base salary is the stickiest; sign-on bonuses, extra PTO, a review-at-6-months clause, and remote days are routinely granted precisely because they're cheaper than base — but as this calculator shows, they're worth real dollars to you. And whichever offer wins, route the raise deliberately: the save-half-of-every-raise rule is easiest to apply on day one of a new job, when the higher income hasn't become normal yet.

Frequently asked questions

How much is a 401(k) match actually worth?

Face value plus compounding: a 4% match on $85,000 is $3,400/year of free money, and invested over a 30-year career that single year's match becomes ~$25,000. Between two offers, a match gap of 3-4% of salary routinely outweighs a $5,000 base-salary difference — especially since the match compounds while the salary difference gets taxed first.

How do I value PTO days when comparing offers?

Each paid day off is worth your daily rate (salary ÷ 260 workdays) — about $327/day at $85,000. An offer with 8 more days effectively pays ~$2,600 more for the same annual output, and unlike bonus money it can't be discretionarily cancelled. Also check accrual vs grant, rollover rules, and whether 'unlimited PTO' comes with a norm of actually taking less.

Should I count the commute when comparing jobs?

Yes, twice. As time: commute hours go in the denominator of your true hourly rate — 45 minutes each way is ~360 hours/year, so a shorter commute is a raise paid in life. As money: fuel, parking, wear and tolls add $2,000-5,000/year for typical car commutes. Remote and hybrid arrangements are compensation, not perks — price them like it.

How should I compare health insurance between two offers?

Compare your premium share (monthly cost × 12), then the deductible and out-of-pocket max under realistic usage — a family that hits a $4,000 deductible yearly should add that to the 'cost' of the high-deductible offer, minus any employer HSA seed money (free dollars, and the HSA's triple tax advantage has real value). Benefits summaries make this a 10-minute comparison most candidates never do.

One offer pays more but the job seems worse — how do I decide?

Price the gap per hour of your life (this calculator's last row), then ask whether the unpriceables — manager, growth, stress, meaning — are worth that hourly difference to you. A $4,000 annual gap is about $2/hour: many people happily 'pay' $2/hour for a better boss. The point of the math isn't to overrule your gut; it's to tell your gut the exact price of following it.

This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs and assumptions shown.