I have just come back from maternity leave, and am currently in a senior management position. The organisation I work for is going through big structural changes which are going to mean redundancies.
I have two children in tax-free childcare in the workplace nursery, which pretty much halves my childcare bill. It means I actually earn money even with two children.
In a restructure at work, I am being asked to take a job which is the same level as one I did 6 years ago when I first joined the organisation. It won't be a pay cut (yet), but it is definitely a demotion. It is true that I could do the job standing on my head, but my CV is going to look appalling. And having recruited many, many staff in my career, I know that if I were looking at my CV as it will look in a year's time, I would think it looks very odd.
I really need some advice on the decision.
It comes back to the fact that I am now part time. If I apply for other jobs in my field, I would have to go full time. If I retain my part-time job, I get to spend quality time and a decent life with my two little girls (1yo and 3yo). The difference in childcare costs means that financially I would be working full time for no more money than I currently earn part time. But if I do this, my long term career is going to go completely down the tubes. I feel like all the things I hoped I coudl achieve in my life will go up in smoke.
I am totally unable to weigh up the short term pain against long term gain, or whether I just need to reassess what life is all about and get on with the demoted job.
Please those who like to gloat over part timers go easy on me. I know full well that this is about being part-time. I have been told that I just can't hold down a senior position part-time, and that I have got the ability to do an even more senior job if I just went full time. I think that is going to have to mean leaving where I currently work and starting afresh.