If you took a haircut to change jobs...

[Anonymous]

Please explain to me how you arrived at this decision. My workplace of 10 years has become unhealthy and has had a lot of turnover lately. I am finding that other jobs are not willing/able to pay me as much as I currently make when you account for bonuses and profit sharing, which are pretty significant. Part this has to do with the fact that I am looking more in the nonprofit sector and smaller companies in hopes for a better quality of life. I would be looking at $30-40k per year haircut from about $240k down to $200k or maybe even a little less. I have young children so money is important and keep telling myself I would be crazy to give up so much money and just try another year, and another year, etc.

[Anonymous]

I just want to say I am in a similar situation as you (same tenure in my company and total comp) and have taken no action mostly because of my fear of losing money. Thanks for posting and hoping to hear insights from others.

[Anonymous]

You know you wrote haircut, right 😏

[Anonymous]

Anonymous wrote:You know you wrote haircut, right 😏

OP meant to write that.

[Anonymous]

$200k for a job with good QOL sounds freaking amazing. Don’t know why you’re complaining.

[Anonymous]

Anonymous wrote:$200k for a job with good QOL sounds freaking amazing. Don’t know why you’re complaining.

I'm not complaining. 30k is not chump change. And what if the new job doesn't have better QOL?

[Anonymous]

Anonymous wrote:You know you wrote haircut, right 😏

You clearly do not understand what OP is trying to say. It's a thing.

[Anonymous]

I'm running into this issue, too, except it's $180 down to $160 and I"m the primary breadwinner in my family so it is a very significant amount to us. I'm really unhappy and I don't know what to do.

[Anonymous]

I did this a few years ago, went from consulting to in-house. Hated the new side on the table I was on, responsibility wise, and was also incredibly bored without the stress and pressure. I went back to consulting lash year - I can see the game more clearly for what it is and can better manage my stress and workload.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You know you wrote haircut, right 😏

You clearly do not understand what OP is trying to say. It's a thing.

It's a thing to say haircut instead of paycut? That's really stupid. It just makes you sound like you can't be bothered to fix your autocorrect. Inane.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You know you wrote haircut, right 😏

You clearly do not understand what OP is trying to say. It's a thing.

PP here. I have literally never heard of this

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know you wrote haircut, right 😏

You clearly do not understand what OP is trying to say. It's a thing.

It's a thing to say haircut instead of paycut? That's really stupid. It just makes you sound like you can't be bothered to fix your autocorrect. Inane.

Consulting PP from above. It’s definitely a term I’ve only heard in the business world, but I’ve absolutely heard it. Maybe stop arguing that it’s not a thing just because you haven’t run across it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know you wrote haircut, right 😏

You clearly do not understand what OP is trying to say. It's a thing.

PP here. I have literally never heard of this

https://www.google.com/search?q=Haircut+to+mean+reduction+iin+salary&client=safari&sca_esv=575623720&hl=en-us&biw=278&bih=442&ei=dFk1ZY77Deiv5NoPgv2FwAU&oq=Haircut+to+mean+reduction+iin+salary&gs_lp=EhNtb2JpbGUtZ3dzLXdpei1zZXJwIiRIYWlyY3V0IHRvIG1lYW4gcmVkdWN0aW9uIGlpbiBzYWxhcnkyBxAhGKABGAoyBxAhGKABGApIo25QvRhYp2dwAngBkAEBmAHjAaAB2R6qAQYzMy43LjK4AQPIAQD4AQHCAgoQABhHGNYEGLADwgICECnCAgUQIRigAcICBRAhGKsCwgIKECEYFhgeGA8YHcICBhAAGBYYHsICCBAAGIoFGIYDwgIIEAAYFhgeGA_CAggQIRgWGB4YHeIDBBgAIEGIBgGQBgg&sclient=mobile-gws-wiz-serp

[Anonymous]

Anonymous wrote:

Anonymous wrote:$200k for a job with good QOL sounds freaking amazing. Don’t know why you’re complaining.

I'm not complaining. 30k is not chump change. And what if the new job doesn't have better QOL?

Would it be possible to go back to your old job if the new one doesn’t work out?

My situation is not exactly the same. I went part-time at my job when I had kids because I wanted to spend more time with them. I was also making mid-200s and took a 30k paycut. The decision for my family was more clear-cut and not risky. My DH is a fed so his job is stable. If I lost my job (worst case scenario), we can live on one income. Our home and cars are paid off. We don’t spend much in general.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know you wrote haircut, right 😏

You clearly do not understand what OP is trying to say. It's a thing.

PP here. I have literally never heard of this

Better link
https://www.ldoceonline.com/dictionary/take-a-haircut#:~:text=From%20Longman%20Dictionary%20of%20Contemporary,a%20haircut%20on%20their%20investment.