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Reply to "Taking a Pay Cut for New Job"
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[quote=Anonymous]I could really use some advice. I have what is - on paper - a great job (good title, salary, etc.). In practice, it also like a lot about my job - colleagues, flexibility, etc. But, the company is not particularly stable and the management is in a certain amount of turmoil. So, needless to say, I'm not feeling completely secure where I am. With that background, I've been offered a new job, but at a significantly lower salary (say, $27k less). This is at a larger, well known company (so, more stable I'd say). I'm struggling with what to do. I know there are pros and cons each way, but does anyone have any advice about taking a pay cut? I'm worried about "re-setting" my salary and having to "dig out" of that new number as I progress at the new job…or later jobs. But I'm also worried about the stability of my current company (there will be lay offs, etc.). Help and thank you! [/quote]
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