to take a 50k paycut

[RiddleyW]

Bit if a WWYD I suppose.

I currently earn lowish 6 figures and a really really interesting job has come up but it's a significant paycut, around 50k at least (and more if I assume I get my max bonus in current job).

It has a somewhat better pension and 2.5 days more holiday a year. Probably similar hours to what I do now and similarly flexible.

In many ways I think this might be complete madness but honestly it is working for my absolute dream organisation.

As a family we could afford it but would mean some cutting back and definitely saving less for DS' future.

Feels selfish to even consider it really but I'm sooooo tempted!

So, would I be unreasonable to go for this job?

There are some really nasty people on here. Why is it that any time someone posts about earning more than the average the nasty vipers come out? All these comments are really not necessary.
It is a fact that people can earn large salaries, just because they ask a question does not mean they are bragging.
It is pathetic to see on every similar thread.

@RiddleyW

If it’s any consolation my DH earns less than 10k a year.

So you earn £115,000 to £120,000 or so a year, and your DH earns less than £10,000 a year???

@user1491678180 there is not a single thing that appears as a brag in the OP. It is a question stating simple facts. That is all.

Do it - if the job you're giving up:

1. Doesn't give you quality of life
2. Doesn't enable you to switch off at weekends or on holiday
3. Gives you limited job satisfaction even though you're being paid telephone numbers
4. Doesn't provide a healthy, supportive environment where you dread going into work because of being at risk of back stabbing, bitching, low level confidence-chipping barbs from manager or staff (a bit like Chinese water torture, or boiling frog syndrome).

If everything is going fine at work now and you feel secure and appreciated, then no way would I recommend you give that up for what you describe.

We aren't meant to save for our DC's futures. We are meant to rear them and give them the tools and build resilience in them so they will be able to make their own way in life. Don't save for them and take away their ability to achieve for themselves.

Nonsense.
Take away the ability to achieve for themselves

I’m afraid to break it up you but it’s a tough old world out there. And I’ll give my two whatever springboard I can.
My parents did the same for me. The upshot is that me, above average intelligence but nothing special by any stretch of the imagination, is singlehandedly raising two children in a very well paid professional job, without any family support whatsoever (other parents deceased). I got this job because I got very good results from private education that I have the insight to admit I wouldn’t have got in the state school system, I was then financially supported whilst I took professional exams and then o inherited substantial amount that allowed me to leave my marriage and my children and I not endure any financial hardship or indeed even stress.

Money has oven me so much and taken away so much stress.

Damn right I’m trying to do time same for not children

Money has “given” me so much

@rainbowunicorn

There are some really nasty people on here. Why is it that any time someone posts about earning more than the average the nasty vipers come out? All these comments are really not necessary.
It is a fact that people can earn large salaries, just because they ask a question does not mean they are bragging.
It is pathetic to see on every similar thread.

Yes dear.

Would you like a glass of water, and a sit down hun? Then you can calm down and get it into your head that people are entitled to their OWN opinions and views, even if they don't suit your fragile little eyes and ears.

If you can't stand robust opinions, and people not blowing smoke up the OP's arse, then this is not the place for you.

You are not the forum police, so jog on luv!

I wouldn't take the lower paid job.
Try to find one at £200k+ instead!

So you earn £115,000 to £120,000 or so a year, and your DH earns less than £10,000 a year???

Yes, my higher salary has enabled him to really follow his passion. I wonder if that’s where some of the wanting to change jobs comes from - I suppose I’m a bit jealous of him!

But I don’t think this is the right next step on reflection. I honestly am sorry if I’ve come off as a dick.

@user1491678180
You are jealous and that is distorting the picture
Thanks OP doesn’t brag

OP, you don't sound like a dick at all. It's anonymous so don't worry.

Yeah you got me. I am soooooooooo jealous of the massive wage the OP is on.

I am only on a shitty £35K.

Poor me. I can't cope with my jealousy and bitterness with the OP earning four times more than me. Waaahhhhhhh!!

I wonder how her 'earning less than £10K a year' hubster copes with his wife being such a MASSIVE earner?

Must be pretty tough. I hope they can both cope on their meagre £70K joint wage when she drops down £50K

PMSL, this thread is more entertaining than Eastenders.

@user1491678180

Are you alright?

@user1491678180 and there we go just proving my point.
The OP is asking a question. I am not offended by anyone I just don't like nasty bullies that come on to every thread like this and behave in the way that you are.
Of course everyone is entitled to their own opinions and views, fortunately the majority of people are able to express those opinions in an adult manner and not behave like a school bully.

I'm fine @Mitzicoco are you?

How sweet and lovely of you to care. Bless your fluffy socks.

@user1491678180 - Would you like a glass of water, and a sit down hun? sad

I'm absolutely fine but thank you for your concern.

Then you can calm down and get it into your head that people are entitled to their OWN opinions and views, even if they don't suit your fragile little eyes and ears.

Slightly ironic given that you don't seem to like my opinion. But hey, ho, carry on sweetheart

bridgetreilly

YABU for posting such a vague post than no one can give advice worth anything, just so we all know you earn a six-figure salary

This
Sorry Op - nobody gives a fuck.

@user1491678180
Awww, thanks!

I get you. I earn 39k, I am tempted, so tempted to take my voluntary redundancy (two years Salary) and go. DH earns 103k basic plus a bonus equivalent to 65% of that and we are now mortgage and dependent free. BUT, what about my financial independence, what about my pension for the next ten years, what about whether it’s frying pan to fire.

So I will probably stay, and regret it.

If I was you, and I was younger than me (53) I would do it. Plenty of time to reach the dizzy heights again and on an enhanced pension.

If you are the same age as me........nah, I’d stay.

Trying to ignore the somewhat unhinged comments ^^ on this thread, I took a $40,000 salary drop about 10 years ago, but it was from a job I hated, to one that I love - I don't think that I hear that you're in the same position though (I mean, I LOATHED my job ).

I've never regretted it for one moment. We have less spare money to slosh around, but there's still enough of it and I'm much, much happier.

Good luck making your decision, OP.

You only get one life. Be happy.

AutovillaGirl

Wow, earning 6 figures and thinking of a £50k paycut, so you would still be on at least £100k.... and you think this is a problem? I would love that kind of problem grin can't give advice as you live in another world to me

Maths not your strong point Villa?

Hi all

Can we have a bit of peace and love, please?

I view career development as a zig-zag track rather than a straight path upwards.

I have moved between sectors where the knowledge & insight I gained has which has contributed to my overall value & effectiveness.

Something to consider, if you cannot make the decision - but you must at least apply - or do not get shortlisted, is to investigate if a secondment or pro-bono assignment is available that gets you closer to ‘trying on for size’ a new role in a new sector. I assume that there is some skills or knowledge mapping between where you are now & where you want to be, so a secondment is not so far fetched.

At your current salary level, you may also consider engaging an executive career coach to support you planning your next few steps.

Most households with an £80k income get by quite nicely with a favourable standard of living.