I recently made the move from the public sector to the private sector and it has definitely worked out well so far. My situation was a bit different, I was very unhappy with my job at the time. I lucked into a position that not only pays more, it was exactly the type of job I hoped to have. It was a little over a 15% increase, better 401k match, benefits a bit cheaper for pretty much the same coverage, chance for bonus and raise every 6 months, great company with great values, plans to triple the size in the next 5 years so there should plenty of room to move up, etc.
It was really a no brainer for me, but the industry is somewhat stable right now. I couldn't imagine taking another position somewhere else, but if I had to put a number on it, I would say a 50% raise with some guarantees of bonuses and stock options. Even then it would be hard and if it was out of state it would most likely be out of the question due to family.
If you really enjoy your current position then I would recommend taking a long hard look at what really makes you happy. I am a firm believer that money does not buy happiness. My wife and I made the decision when our first kid was born that we would give up whatever we had to so that she could stay at home. It has been tough at times, but well worth it.
It was really a no brainer for me, but the industry is somewhat stable right now. I couldn't imagine taking another position somewhere else, but if I had to put a number on it, I would say a 50% raise with some guarantees of bonuses and stock options. Even then it would be hard and if it was out of state it would most likely be out of the question due to family.
If you really enjoy your current position then I would recommend taking a long hard look at what really makes you happy. I am a firm believer that money does not buy happiness. My wife and I made the decision when our first kid was born that we would give up whatever we had to so that she could stay at home. It has been tough at times, but well worth it.