Taking a pay cut with a new job - anyone made it work?
Discussion
Zetec-S said:
..... The job she was in required too many hours and put her under too much stress, and as she was studying at the time just didn't have time in the evenings so was falling behind.
This. I left my previous company due to the above (and other reasons) for a small pay cut (£1,400) and I see it as one step back for two steps forward.
I now work fewer hours with less stress and am respected and valued already with some great feedback despite only being half way through my third month.
I wish I'd done it years ago! It will also give me the time to progress with industry related exams again after years of neglecting them, which should in turn help my long term career prospects.
Took a pay cut myself just a few months ago. Happy so far with better commute, decent pension and flexitime. I'm hopeful that longer term I'll be able to climb back up a rung or two without losing touch with the interesting stuff which was going to happen if I stayed where I was.
If you are sure you can handle the pay cut then I'd say go for it, echoing some of the sentiments of others there is more to a job than pay and while I miss some ex colleagues I don't think I'll ever miss the stress.
If you are sure you can handle the pay cut then I'd say go for it, echoing some of the sentiments of others there is more to a job than pay and while I miss some ex colleagues I don't think I'll ever miss the stress.
I left a job as a director of a plc in 2005 to go on my own in ecommerce, the pay cut was brutal and I had many a wobble but the life was killing me (miles, staff hassle, French boss with a Hitler complex etc) - it was lovely not flying, driving or overly worrying for 5 years - do it and as to 3 months notice I very much doubt they could enforce it.
andy-xr said:
I went from travelling to meetings the world and not really knowing what day it was and what timezone I was on, to being home based, spending more time with my family and friends. The pay difference was enough to hurt a bit and cut back on a few things but it was a fair trade off for actually enjoying the time I had outside of work.
Funny how different people want different things isn't it - that sounds like my ideal job, I was close to it a few years ago, multiple flights, more nights away than at home etc and I loved every minute of it....I'm currently stuck in the same office day in, day out and it bores me to death.
K50 DEL said:
andy-xr said:
I went from travelling to meetings the world and not really knowing what day it was and what timezone I was on, to being home based, spending more time with my family and friends. The pay difference was enough to hurt a bit and cut back on a few things but it was a fair trade off for actually enjoying the time I had outside of work.
Funny how different people want different things isn't it - that sounds like my ideal job, I was close to it a few years ago, multiple flights, more nights away than at home etc and I loved every minute of it....I'm currently stuck in the same office day in, day out and it bores me to death.
hyphen said:
K50 DEL said:
andy-xr said:
I went from travelling to meetings the world and not really knowing what day it was and what timezone I was on, to being home based, spending more time with my family and friends. The pay difference was enough to hurt a bit and cut back on a few things but it was a fair trade off for actually enjoying the time I had outside of work.
Funny how different people want different things isn't it - that sounds like my ideal job, I was close to it a few years ago, multiple flights, more nights away than at home etc and I loved every minute of it....I'm currently stuck in the same office day in, day out and it bores me to death.
For what it's worth OP I think you have made the right decision,
A few years ago i took a 8k a year pay cut to leave the motor trade and go into estate agency,
Money didn't change drastically due to commissions etc and hours were more (working Saturdays) but I was so much happier, the previous job was so mentally draining and I could not do it anymore,
Didn't quite work out there but i met a investor who owned a company and he offered me a sales job there. Now earning more than both of the previous jobs combined + commission and it is like yours a Mon-Fri job, no weekends at all,
I hope it all works out for you !
A few years ago i took a 8k a year pay cut to leave the motor trade and go into estate agency,
Money didn't change drastically due to commissions etc and hours were more (working Saturdays) but I was so much happier, the previous job was so mentally draining and I could not do it anymore,
Didn't quite work out there but i met a investor who owned a company and he offered me a sales job there. Now earning more than both of the previous jobs combined + commission and it is like yours a Mon-Fri job, no weekends at all,
I hope it all works out for you !
My wife was a care home manager on 45k, the hrs were mental, including nights and weekends, plus stress, missed holidays, too exhausted at weekends to enjoy life.
Packed it in to become a mentor at a school for kids with ADHD, dropped to 15k a yr, but only 9.30-4.00, for 40 weeks a yr.
She loves it, I love it, I run my own business so would often work more hrs rather than come home to an empty house, I'm now working less, we are both less stressed and enjoying life.
All the best to you OP.
Packed it in to become a mentor at a school for kids with ADHD, dropped to 15k a yr, but only 9.30-4.00, for 40 weeks a yr.
She loves it, I love it, I run my own business so would often work more hrs rather than come home to an empty house, I'm now working less, we are both less stressed and enjoying life.
All the best to you OP.
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