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Reply to "How much of a salary cut should I consider?"
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[quote=Anonymous]I would take zero cut. Once laid off a different story. In late 2016 I knew I be let go in next few months. Trouble is making 245k with a 120k bonus and 8 percent 401k match. I did get canned in Feb of next year. But they paid out my 120k bonus, got 8 weeks severance plus unemployment. I ended up with a 165k job. Ouch. But when unemployed 165k not bad, but not quitting 365k for it one day earlier than I have too. Why quit. BTW at 40 that salary it’s hard out there. I am back near prior level took me three years of looking maybe 3,000 applications and 300 interviews. But thank god I had that 165k Job with benefits those three years. But still pissed I lost 200k income for three years from a randon Covid layoff [/quote]
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