Reply to SK-16 at SEC - what salary would it take you to leave for private sector?

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[quote=Anonymous][quote=Anonymous]For those who are saying it would take double or triple, you should know that the private sector isn't all 60+ hr work weeks, high turnover, and stressful environments.  You can leave, make a decent amount more money, improve your work environment, and still work normal hours.

Just in case some misconception of private sector life is holding you back.[/quote]

er. I guess it all depends. I did several rounds in tech before ending up in a finreg, so I think my eyes are pretty open as to the work-life balance tradeoffs. Obviously, I'm not a lawyer, and was interviewing at a FAANG, but I think I was being pretty realistic at estimating 2-3x current income being needed. My layoff risk will only increase from here on out, and it's a safe bet that finding a new job could take up to a year if laid off. So that first year would be a lot of stress to both perform AND build-up the layoff fund. Sure, it would be great if I could guarantee it would last 5+ years, but I'm pretty sure it wouldn't. The worst risk I run these days is that congress can't get their act together and my pay might be delayed for a month. [/quote]

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