As with any career move, you're making a calculated risk (in this case giving up a percentage of income in exchange for time). We created the Job Share Financial Assessment and calculator to empower you to move forward with confidence, knowing that you can afford to job share.
The truth is, that job sharing is unlike any other work practice. You will be working in a brand new way — one that allows you to hone your skills, learn from your partner, and ultimately become better in your profession.
Moreover, you could — with partner alignment and hard work — end up making nearly the same as your current full-time income or even surpassing it.
Our hope is that these tools give you the ability to estimate your future earnings including career advancement together, while also having a real look at how job sharing will affect your finances now. Make sure you take into account the areas you will actually save money job sharing.
This is a cost-benefit analysis you must do for yourself and a personal decision that you and your family will make. If you've run the numbers and despite the potential for future earnings that could equal or even surpass your current income, you cannot make it work (at this time), job sharing might not be the practice for you at this moment.
You do not want to enter a partnership that puts an undue strain on your job share partner should you have to leave the partnership early due to financial stress. It is better to wait until your family's financial situation is more stable.