Below you will find pages that utilize the taxonomy term “Workplace-Benefits”
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The Time vs Money Dilemma: What Would You Choose?
I stumbled across an interesting workplace dilemma online recently that really got me thinking. Someone had been offered a choice between 10 extra days of annual leave (that doesn’t expire and can be cashed out) or an ongoing 0.5% superannuation increase. They were earning around $180k and genuinely torn about which option to take.
The responses were fascinating and really highlighted how differently people value time versus money. The mathematical minds quickly jumped in with calculations - the leave being worth about $6,920 if cashed out versus the super contribution of $900 annually. On paper, it seems like a no-brainer, right? Take the leave, cash it out if needed, and you’re significantly ahead financially in the short term.