When Does Taking a Pay Cut Makes Sense?
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- čas přidán 6. 09. 2024
- When Does Taking a Pay Cut Makes Sense?
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I’m close to taking a pay cut to go from night job back to day shift.
I’m close to taking a pay cut to go from night job back to day shift.
On the same boat rn, and new job offers better training so I’m taking it.
Do it
Thanks! I believe I’m going to!
1. Can you afford it without touching your emergency fund or savings?
2. Does the new job put you on the right path/industry you want to be in?
3. Does the new job offer opportunities to grow your salary in the near future?
If it's too stressful, then the increase in money is not worth it
Used to make upwards of six figures as a commercial fisherman. Loved the job but I wanted to move somewhere else. When I moved I took a job that made 30 an hour and worked 70-80 hours a week. Recently left and now make about 50k a year but I work 2 weeks on 2 weeks off, which allows me SO much more time to actually live my life and enjoy the place I purposefully moved to (Alaska). I live cheap though and am good with money. It can be done and can work out for the best.
Nice brother 👌
I shifted from a managerial position in the financial markets to working as a 2D artist for video games, and I can say that numbers 1, 2 , and 3 are on point.
I’m trying to learn a new skill in my profession that eventually will pay off
I’m a apartment maintenance Supervisor and I make $26 now I just finish electrician school and Apprenticeship is $16.50 but after some years and experience and I become journeyman I start making $25 and up again I just have to take pay cut for some years maybe 4 years… what to do
Yes..... just what I needed to hear!
Very clear, thx!
Great video! I wondered if anyone considered what 'short-term' is? Is this 1 year or is it 5 years? If you're moving into a completely new field, it would take longer to match previous pay.
Depends on your age. When you're 20 short term might be 5 years. When you're 50, it's closer to 1 year.
Thank you so much
thank you so much! you perfectly answered my question about a perspective job position i was considering.
I got a job for ya..
Great advice! Thank you ❤
Thank you
Dam I can’t afford it
NUMBER 🖕🏽1:
ESTABLISH A NETWORK OF OPPORTUNITIES IN YOU CAREER.
(KNOW YOUR WORTH)
What about those of us who having to leave our states due to vaccine mandates, I am facing a 50% pay cut because of this
@ptventuretx forgot its that easy. Not like people gave mortgages, kids in school, bills, family, etc.
Get the vaccine and keep your job? Is it really worth losing right now? It’s not like the vax is the mark of the beast.
@@MrWhite00001 to force employees to take a vaccine that is inevective or risk losing their job is called coercion which is a crime. It is not the unvaxxed who are the enemy, it is the employers using coercion to fulfill an agenda that are the enemy. How about instead of telling ppl to just get the shot to keep their job, you tell the employers to stop discriminating based off medical history and pay the workers based on performance.