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Reply to "Offered job - big pay cut"
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[quote=Anonymous]Are the benefits good? I took a pay cut least time in switched jobs — not so extreme as yours, $160k to $140k but without much possibility of advancement as I don’t expect to be eligible for a promotion for sometime — and it was a great decision. In my case, the old company was fine and stable, I was just bored. New job is much more fun for me and also has some benefits I appreciate like more PTO (critical with young kids) and location flexibility so I’m planning to leave the DMV soon. I think it partially depends on your personality too — I like stability and absolutely hate job hunting so I would take the job even with the pay cut to avoid the upheaval. But also take a long look at your budget — can you live on $50k less? What do you lose in your day-to-day life and/or long term savings without that money and how much does that matter to you?[/quote]
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