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What's my time worth?

November 29th, 2006 at 04:45 pm

After setting up a budget for December and analyzing November's expenses, I determined that I really need to increase my income. Because I'm a grad student, negotiating a raise is out of the question, and finding ways to supplement my income is the way to go.

So, the timing was perfect when I received an email this morning from our departmental secretary saying that the YMCA is looking for qualified individuals to teach a nutrition / wellness course developed by a prominent HMO in the area. I sent off a letter of interest and resume this afternoon and quickly received an email back asking a few more questions about my availability, but no mention of the pay. I don't anticipate the pay to be anything fantastic, but since the sessions are taught in the middle of the afternoon, it will be disruptive to my schedule. I probably have the flexibility to teach an afternoon class, but I'm trying to determine what the job is worth to me BEFORE I know what the pay rate is in effort to make the most rationale decision.

I always bike / walk to campus but would need to drive to the classes. Since the classes are in the middle of the day, this will require me to bike home and get the car (hence losing time, approximately 30 minutes round trip) or drive to campus and pay to park in a garage (hence losing money—I’ve never used the garage so I don’t know how much it costs, but will check into this!). You can probably guess I'm more inclined to do the first. So, what's my time worth? Sadly, I think my skills and expertise are worth a lot more than what I'd agree to do it for (I'm too shy to share my final number), but when income is low and opportunities are limited, it may be time to settle for less.

1 Responses to “What's my time worth?”

  1. tinapbeana Says:

    perhaps a compromise: they pay you and cover bus fare? or maybe they offer discounts for the transportation in your area?

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