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Old 10-20-2007, 05:29 PM
40 posts, read 283,326 times
Reputation: 88



Would you take a paycut to work in a more desirable environment?
I personally did take a big paycut (almost as much as 50% paycut) to work in a more relaxed atmosphere.

Or would you accept a paycut from a company if you enjoy the environment or reject it and move to a better paying job?
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Old 10-20-2007, 05:33 PM
1,640 posts, read 4,136,802 times
Reputation: 1000
I would take a paycut for a better quality of life, but it depends on your current financial situation. Also, it may not be as much of a paycut when you take into account things like work hours, cost of living, and the abillity to sleep at night.
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Old 10-20-2007, 06:19 PM
Location: Las Vegas
13,432 posts, read 24,204,419 times
Reputation: 24745
H just took a more tham $10/hr cut and it's worth it. He traded a 3+ hour a day commute for a 10min drive. We'll come out ahead!
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Old 10-20-2007, 07:00 PM
Location: Hampton Roads, VA
673 posts, read 2,876,332 times
Reputation: 325
If I could afford it, I would take a paycut for a better working enviroment. But right now I am underpaid for what I do (according to salary.com and everyone I work with in the design business) already but work in a pretty relaxed enviroment. It only gets stressful when we have things due.
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Old 10-21-2007, 11:27 AM
2,141 posts, read 7,036,503 times
Reputation: 1245
If I could afford it, I would, but as a last resort. I'd first try to find another job in the same pay range or more than my current one. Once you go back in pay, it could take a long time to get back to where you were.
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Old 10-21-2007, 01:10 PM
Location: Arkansas
1,229 posts, read 2,767,456 times
Reputation: 1550
In February of this year I did take a pay cut to get out of the horrible environment I was working in. I worked for local bank (one of the larger local banks in our area by the way), the management changed hands which brings both good and bad. Well in this case it started off OK, but the previous year before I left was horrible. I hated going to work, I went to work and talked to almost no one because I was afraid anything I said would be used against me (back stabbers came out of the wood work).

My finally straw was when my evaluation came up and my boss decided to bring up that I had missed 8 weeks to recover from my surgery (i had a stomach tumor), all of which i had valid documentation from my surgeon for. She then also brought up that I had missed work during the times that my father had had strokes (total of 6 days). She then said that she wouldn't be giving me any raise and that she couldn't count on me etc.

I was livid, it wasn't like I had missed just because I missed because I had surgery and my father had two major strokes. I decided right then and there that I would not work for an employer that expects you to put your health and family last.

So I took my finally week of vacation and I told me husband that I was going to be looking for a new job and I really was not sure that I would be going back at the end of the week.
I found a new job by Tuesday afternoon, I did give my notice but I had to lie about where I was going because they would have made me leave that day and they would have escorted me from the building (stupid policy that they carried out anytime anyone went to another bank).

I left for a little less that what I was making but I gained mental well being and happiness.
It has paid off I have gotten a 13% raise in 6 months time, I am saving about $350 a month on insurance for my husband (I was paying close to $400 a month to have him added to my insurance at my previous employer, we only have to pay $50 a month for a family plan with my current employer) and I am so much happier.
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Old 10-21-2007, 08:19 PM
2,432 posts, read 6,003,968 times
Reputation: 1009
I took a paycut when I moved to Iowa a number of years ago. I made less money, but because I moved from California to Iowa my money actually went a lot further.

But if my choice was to stay in the same city and take a paycut I'd do it if I was sure I'd be in a work environment that I really liked. It would really suck to quit a well paying job only to find out the new job sucked.
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Old 10-21-2007, 08:29 PM
Location: Heartland Florida
9,324 posts, read 23,230,141 times
Reputation: 4895
The less money you need to live, the less money you have to take in. The less money that passes through your hands the less taxes you have to pay. If I can meet expenses and save/invest 50% of my income I would be happy.
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Old 10-22-2007, 08:35 PM
Location: Tucson, AZ
2,161 posts, read 7,484,341 times
Reputation: 2890
I earn about 10 percent less money today than I did working at another company 10 years ago where I was in a management position with almost 30 employees reporting directly to me. It was meeting after meeting, dealing with people problems, keeping up with vacation schedules, a real wiseguy boss, budgets, and ever rising piles of projects. For the last 7 years I've been working in a techie engineering position, work less than 8 hours a day, very rarely have any night or weekend tasks, nobody reports to me, and I work mostly on my own. The stress level is far lower and I live a much better life than when I was higher up the management ladder. My life is richer in spite of a little less income rolling in. Got to keep the priorities in balance.
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Old 10-30-2007, 11:52 PM
Location: Southern California
28,868 posts, read 15,965,643 times
Reputation: 51999
I took an almost $4.00 per hour pay cut from my last job. But I think it's worth it, because first of all, my current job is 20 miles closer to my home, saving gas and wear and tear on my car and nerves. Secondly, my working environment is a lot less stressful than at my last job, and I'm not required to work overtime at the last minute in order to finish a "critical" (to them) project. I pretty much can leave my work at the end of the day and not worry about it until I get in the following day.

Even with the lower salary, I'm still able to live at the same level as when I worked at my last job, i.e., I spend the same amount in necessities (food, gas, utilities, etc.) and have not seen any change in my lifestyle.

To me, taking the pay cut was worth it.
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