Re: Another Factor
The formula is how long are you planning on staying at your present job? The $500 a year, year after year, compounded with raises is much better.
The $1000 instant bonus is 100% better if you are leaving your job within the next year.
Present Value/Future Value type calculations can be found in Excel spreadsheet under financial functions. Look in the help file they have formulas and descriptions. BUT THESE ARE PRETTY MUCH WORTHLESS. The current interest rate is diddly squat, so there is very little effect on small amounts for relatively short periods.
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