How much of a salary cut should I consider?

[Anonymous]

Don’t worry about title in this economy. Title and pay is also usually inversely correlated. DH is a Manager at a public company with 8 YOE making $350K TC and Senior Managers make $500K TC (10 YOE). VPs are $3M+. And that’s before you factor in any stock appreciation. Look at the disruptor co’s playing in gov contracting like Palantir, Scale AI, etc. They all have super generous pay packages (that was actually the whole genesis for Palantir - they realized traditional gov contracting and gov itself wasn’t paying for / attracting top talent and fed innovation was suffering as a result)

[Anonymous]

Anonymous wrote:Don’t worry about title in this economy. Title and pay is also usually inversely correlated. DH is a Manager at a public company with 8 YOE making $350K TC and Senior Managers make $500K TC (10 YOE). VPs are $3M+. And that’s before you factor in any stock appreciation. Look at the disruptor co’s playing in gov contracting like Palantir, Scale AI, etc. They all have super generous pay packages (that was actually the whole genesis for Palantir - they realized traditional gov contracting and gov itself wasn’t paying for / attracting top talent and fed innovation was suffering as a result)

This wasn't a realization it was purposeful. People traded stability and being able to work on research and meaningful work for higher salaries. Ask Fed's that were recently laid off in similar fashion to corporate associates (sometimes worse) which they would rather have.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Don’t worry about title in this economy. Title and pay is also usually inversely correlated. DH is a Manager at a public company with 8 YOE making $350K TC and Senior Managers make $500K TC (10 YOE). VPs are $3M+. And that’s before you factor in any stock appreciation. Look at the disruptor co’s playing in gov contracting like Palantir, Scale AI, etc. They all have super generous pay packages (that was actually the whole genesis for Palantir - they realized traditional gov contracting and gov itself wasn’t paying for / attracting top talent and fed innovation was suffering as a result)

This wasn't a realization it was purposeful. People traded stability and being able to work on research and meaningful work for higher salaries. Ask Fed's that were recently laid off in similar fashion to corporate associates (sometimes worse) which they would rather have.

Agreed. Realization = purposeful in the context of my message.

[Anonymous]

If you are making that much, you should be close to retirement already or else need to learn to make money with money and not waste so much on spending.