Reply to How much of a salary cut should I consider?

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Reply to "How much of a salary cut should I consider?"

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[quote=Anonymous][quote=Anonymous]PP is right that the answer depends on how long you can afford to be unemployed. It also depends on whether you are a two income family and how large your second income is, the cost of your lifestyle and how well you will stand up to the stress of unemployment.

You may unfortunately find yourself in a position of starting over but it’s easier to find a job when you have a job. [/quote]

This. I’m really sorry you’re going through this, OP. You may need to take a step back from a title or salary standpoint, which is disappointing, but use your budget as a guide for how long you can go instead of benchmarking against your prior salaries or titles.

If you get laid off are you going to get a severance package? If you get a lower paying role would you be able to use the severance to supplement a lower salary for a year or two?

If your company has an employee assistance program (EAP) see if you can get some sessions with a therapist while still employed just to talk through your priorities with a third party. It sounds like you are stuck on title and salary, but is flexibility important, is staying employed important, is growing in experience important, or a lot you the breadwinner and is salary the most important factor? Would you consider moving or taking on a difficult commute for a better salary and title?
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