I've been leading a large area of the business for a few years and since covid ended up absorbing the responsibilities of a couple of senior leavers. The pressure of the role became unmanageable and I had a bit of a heart to heart with my boss where I was open about not enjoying it. There are some tasks that I love and some that I don't and see as a necessary evil. The upshot is that I haven't enjoyed the role for at least 2 years
I'm now in a position where I'm being offered a demotion to a role which is less pressure and more aligned to what I enjoy but would most likely be a pay cut - any less than I am currently on will mean cutting out any luxuries (like holidays etc) for the foreseeable. I would work with my boss on designing that role at it doesn't currently exist. Alternatively I could accept a severance package which would cover approx 3 months salary. I haven't received anything in writing yet but I think that includes a reduced notice period.
The challenge is that I currently work from home most of the time and work flexibly which fits in with childcare - and I don't have any other local childcare options that would cover the time I'd need to commute (you have to drive to any other setting and we don't drive or have a car and husband has to leave early for the train and gets home later so its worked well with me being able to walk to childcare locally) so changing companies feels so daunting.
I'd also lose unvested csop shares but they have genuinely been worthless for the past 2 years anyhow.
The kicker is that my "old" role will go to a man who will be paid more to do it, and won't have to do the additional functions that I did.
Whilst I was no longer coping with the stress of the role, and it feels right to take a step away from that, I can't see how I can work for less than I'm on now and still have a reasonable life.
I just don't know what to do