Reply to Forgive me, but why do people who are in their mid-30s and beyond stay at companies and firms known

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Inertia. Leaving a job is scary. Doubly so if you're looking at a salary cut. [/quote]

It's this. I have a number of friends in this situation. They've complained about these jobs for years (in some cases, two decades), their spouses hate their jobs, plus the company has a name that would help them get any number of very well-paying jobs with better work-life balance. But they are afraid of trying something else, discovering they don't like it or can't deal with the paycut (there's pretty much always a paycut), and then having the option of returning to their current company foreclosed.

The longer it goes on the worse it gets because they become really entrenched at their current company. They mostly just talk to colleagues who have also been there forever and it confirms what they already fear. Even when it's obvious that they should not be listening to these people. They also create lifestyles that are reliant upon that income.[/quote]

They can always go back to the big 4. Have a few friends that have gone back 2 or 3 times and hopped between the big 4. No big deal.[/quote]

I'm in law and am talking about people at elite law firms. It's not unheard of to go back but it's harder because of the partnership system. Basically the ways back in would be: (1) be a partner at another firm with pretty much the same work-life balance and come back with your book, (2) very high lever government position and come back via revolving door, or (3) GC at a client or potential client and then return with client. All assume you were successful in whatever it is you did -- they aren't bringing you back in after you wash up somewhere else. And if you move to a lower ranked firm with better WLB, you are unlikely to maintain the clients and clout needed to be of value.

I don't think it's tragic that it's hard to return to partnership at these firms, but it is a major reason that even people who are burned out and miserable don't always hope on the life raft out. Also a reason why mental health, alcohol and drug abuse, and divorce are so common in this group.[/quote]

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