To give up well paid job

[hlende]

I have a job which pays exceptionally well on paper. However, it takes up my entire life. I have become unhappy as a person and quite frankly work only for the weekend or holidays, which even then are disturbed by work. I work around 70 hours a week.

AIBU to give this up even though I am not wealthy? I haven’t bought so no mortgage and have some savings

The work itself is fine but the pressure and high stress environment is making me unhappy

Can you look for something else? It's always easier to find work when you are already employed. But yes, I would look at alternatives if you feel life is just a treadmill.

Are you planning on buying? Your salary being high would be advantageous for the affordability criteria for getting a mortgage, so I would feel like sticking it out if you wanted to buy soon.

I’d take sick pay if you are entitled to it then make a decision after a period of rest

What are your plans after you give it up?

Is there any way you can reduce your full time hours, or go part time ?

It sounds like you are at risk of burnout which may affect your health.

Can you find the same type of work in a less demanding, less stressful environment ? For a better work-life balance.

Sorry but this is dreadful advice.

If she decides to move on and find a new job they might ask about her absence in a previous job.

Its going to look great if she’s had loads of absence.

It sounds dreadful Op and completely unsustainable long term.

Would you be able to get another (less well paid but still paying “enough”) job?

If you want to buy then it would be easier to do so with the high income. (Noting that you should only borrow enough that you can still manage with the lower paid job.) So I would do that first if so.

If not then I would probably make a plan for when you stop - “stick it out until I have X in savings”, “stick it out for one more month”, “stick it out until I get another job offer”. I suspect that it will be easier to deal with once you have an exit plan.

Is there a part time option. When I was made redundant from a hectic job (didn’t enjoy stayed for the money) I felt relief but couldn’t cope with not doing anything. Do you have a plan for what’s next. Like a pp says easier to find a job when you are in one.

Are you planning on buying a house? Could you work to focus on securing your deposit and house then step back (considering new salary for mortgage obv)

what would you do if you leave and how much are you actually paid?

Before you give it up I think you should take advice on how to make it less stressful or consider reducing your hours. Seems crazy just to give up a well paid job without anything else unless you don’t need the money at all.

Of course I would look for another job before quitting this one. The issue is that it’s the type of work (banking). I could move to a company which will cut my pay in half

Life is too short to do something that makes you unhappy for 70hrs a week.

Take some time off to protect your MH and then "quiet-quit" to get some time/space to look for something else.

I wouldn’t dream of it. Set financial targets and leave when you’ve achieved them. Just refocus the purpose of it all. Don’t underestimate financial privilege

If you are working 70 hour weeks, your pay per hour isn't actually that great.

It sounds as if everyone in similar positions are working similar hours? There's no potential to say no?

The pay isn't worth your health.

If you are working 70 hours a week, what does that make your equivalent pay per hour? Also do you actually get to take much annual leave? That might be quite eye opening to see what you are working on per hour.

Are we talking 200k+ exceptionally well? I'd stick it out another couple of years, buy a property then quit

Happiness > Money

Don't be fooled into thinking more money makes you happy by default. It does not work like that.

How much are you getting paid per hour?? Cos you might as well be on 2 salaries if you're doing 70 a week

It's like that story of the guy in a boat. People ask why he doesn't work harder. His answer was he's already doing what he wants to do. So why get a job, greater expenditure, stress, when relaxing in a boat is the best thing ever

I think many people only manage downtime during weekends and holidays. How was your previous job?

I did that last year. I have a lot of baffled friends and family because I went from a well paid very stressful role in an industry I hated to a minimum wage job.

The money side of things is taking some getting used to, but not as much as we expected as in no longer making ‘fuck it’ purchases. I am so much less stressed and genuinely look the healthiest I have in 3 years.

Do you plan on buying a property?
If so, I would stick it out to put as much as possible aside in the short term.
You may regret giving up a well-paid job and may not get the chance a second time if you take a role with less responsibility and pay.

This kind of job comes with a huge opportunity cost. It tends to impact relationships, friendships, family connections. If you are just busy grinding, you also stop thinking about ways to upskill / alternative opportunities.

We don’t know what she’s paid?

by exceptionally well I’d expect £200k+ and the pay per hour would be fine 😂

Is there any way you can just do your job and work your contracted hours until you find something else?

Is the pay really that good when you take into account it's a 70 hour week and you're always on call? Your salary might half going to a different job but your hours might half too, I mean you might end up on the same pro rata pay at the end of the day. Your job really doesn't seem worth it, what have you really got to show for all thay extra pay? Just stress? Life's too short.

I'd go to a very good recruitment agency with an updated CV, with highlights your transferrable skills.

Tell them you are looking for a change and give them a guide on targeted salary, typically hours, flexibilty re WHF etc.

Research the best thing rather thsn assuming you'll have to take a massive salary cut.

What area of banking? Lots of transferrabilty if it's compliance, asset mangement, corporate finance or investments.