Salary Comparison Calculator

Compare job offers side-by-side after taxes and benefits. See which offer actually puts more money in your pocket — the highest salary doesn't always win.

 Job AJob B
Base Salary$85,000$95,000
Annual Bonus$0$0
Employer 401(k) Match+$2,550+$2,850
Total Compensation$87,550$97,850Best
Federal Tax-$9,038-$11,106
State Tax-$3,453-$0
FICA + Medicare-$7,438-$7,268
401(k) Contribution-$5,100-$5,700
Health Insurance-$2,400-$2,400
Annual Take-Home Pay$57,572$68,527Best
Monthly Take-Home$4,798$5,711

Best Take-Home

Job B: $68,527/yr

Best Total Compensation

Job B: $97,850/yr

Take-Home Pay Comparison

Model your best offer in detail

Job B gives you $5,711/month take-home. See how that flows through your full financial plan — budget, savings, investments, and beyond.

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How to Compare Job Offers Beyond Salary

When evaluating job offers, base salary is just the starting point. Two positions with identical salaries can differ by tens of thousands of dollars in actual value once you account for taxes, benefits, and perks. The key is to calculate your effective compensation — the total value you receive minus the total cost of working there.

Our calculator helps you quantify the biggest financial factors: taxes (which vary dramatically by state), 401(k) matching (free money from your employer), bonuses, and health insurance costs. Use it to make data-driven decisions rather than comparing headline salary numbers.

Understanding Total Compensation

Total compensation includes everything of monetary value your employer provides:

Base Salary

Your guaranteed annual pay — the foundation of your compensation.

Bonuses

Annual, quarterly, or signing bonuses. Note that performance-based bonuses are not guaranteed.

401(k) Match

An employer matching 4% on a $100K salary adds $4,000/year. Often overlooked but compounds significantly over time.

Health Insurance

Employer-subsidized premiums can save you $3,000-$8,000/year compared to buying insurance on your own.

Stock Options/RSUs

Common in tech, these can represent a large portion of total compensation. Factor in vesting schedules.

PTO and Benefits

Extra vacation days have a calculable value (daily salary rate). Benefits like parental leave, disability insurance, and professional development add up.

The Impact of State Taxes on Your Paycheck

Where you work can significantly impact how much of your salary you actually keep. Consider this example: a $120,000 offer in California (state income tax up to 13.3%) versus a $105,000 offer in Texas (no state income tax). After all taxes, the California job might yield only about $2,000-$4,000 more in annual take-home pay despite a $15,000 higher salary.

California ($120K)$84,000
Texas ($105K)$82,000

Nine states have no state income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. However, some of these states make up for it with higher property taxes, sales taxes, or cost of living. Always consider the full picture — not just income tax rates — when comparing locations.

Negotiation Tips for Higher Compensation

1

Know your market rate.

Research compensation on Levels.fyi, Glassdoor, Payscale, and the Bureau of Labor Statistics. Adjust for your location, experience level, and industry.

2

Negotiate base salary AND benefits.

If the employer can't budge on base salary, ask for a signing bonus, higher 401(k) match, additional PTO, or a flexible work arrangement.

3

Get competing offers.

Having multiple offers is the strongest negotiating position. You don't need to play employers against each other — simply having alternatives gives you confidence and leverage.

4

Negotiate after the offer, not before.

Wait until you have a written offer before discussing compensation. The employer has already decided they want you — now you have maximum leverage.

5

Consider the total package.

A slightly lower salary with better benefits, growth opportunities, and work-life balance may be worth more in the long run than maximizing base pay.

Model Your Best Job Offer in Trajectoryy

This calculator compares offers side-by-side. Trajectoryy's full simulator shows how your chosen salary flows through your entire financial life — taxes, savings, investments, loans, and retirement — month by month for years into the future.

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Frequently Asked Questions

Why is take-home pay different from salary?
Your take-home pay is your salary minus all deductions: federal income tax, state income tax, Social Security (FICA), Medicare, 401(k) contributions, and health insurance premiums. Two jobs with the same salary can have very different take-home pay depending on the state you work in and the benefits package offered.
How do state taxes affect my job offer comparison?
State income tax can dramatically change which offer is best. For example, a $120,000 salary in California (top rate 13.3%) versus a $105,000 salary in Texas (0% state income tax) can result in surprisingly similar take-home pay. Always compare offers on an after-tax basis, especially when considering relocating.
Should I focus on base salary or total compensation?
Total compensation is what truly matters. A job paying $90,000 base with a 6% 401(k) match and low-cost health insurance could be worth more than a $100,000 base with no match and expensive insurance. Our calculator accounts for salary, bonus, employer 401(k) match, and health insurance costs.
How much is an employer 401(k) match really worth?
An employer match is essentially free money. A 4% match on a $100,000 salary is $4,000/year added to your retirement. Over 30 years at 8% returns, that match alone could grow to over $450,000. Always contribute at least enough to capture the full employer match — it's an instant 100% return.
How should I factor in health insurance costs?
Health insurance premiums can vary by hundreds of dollars per month between employers. A job with $100/month premiums versus $500/month costs you $4,800 less per year. Also consider deductibles, copays, and out-of-pocket maximums — a cheap premium with a $6,000 deductible may cost more overall than a higher premium with better coverage.
What about benefits this calculator doesn't cover?
This calculator focuses on quantifiable compensation. Other important factors include: stock options or RSUs, PTO and sick days, remote work flexibility, commute costs, professional development budgets, parental leave, disability insurance, and career growth potential. Consider creating a weighted scorecard for non-monetary factors.
How do I negotiate a better compensation package?
Research market rates on sites like Levels.fyi, Glassdoor, and Payscale. Negotiate base salary first, then benefits. Ask about signing bonuses if base salary is firm. Request additional PTO, remote days, or a higher 401(k) match. Get competing offers in writing — they're your strongest negotiation tool. Remember that everything is negotiable, not just base pay.

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