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40% Pay Cut.....would you do it? (Updated)

Posted on 9/14/14 at 3:45 pm
Posted by Sigma
Fairhope, AL
Member since Dec 2005
3643 posts
Posted on 9/14/14 at 3:45 pm
Is there a scenario where you would take a 40% pay cut?

Simple question.

*Modified question on page 2. Here it is:


OK. Assuming you don't hate your job, could you keep the same job and move to any location in the US for a 40% pay cut?


This post was edited on 9/14/14 at 4:25 pm
Posted by yellowfin
Coastal Bar
Member since May 2006
97604 posts
Posted on 9/14/14 at 3:46 pm to
No
Posted by xXLSUXx
New Orleans, LA
Member since Oct 2010
10304 posts
Posted on 9/14/14 at 3:46 pm to
Do I get to live on the beach and drink all day?

Then yes.
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 9/14/14 at 3:46 pm to
No. Keep job find something else.
Posted by Emiliooo
Member since Jun 2013
5148 posts
Posted on 9/14/14 at 3:46 pm to
No
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71288 posts
Posted on 9/14/14 at 3:46 pm to
If I was Tony Saragusta? Sure... it's not often you get paid to watch football while being fat and Italian.
Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 9/14/14 at 3:47 pm to
I'm seriously considering doing it right now
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 9/14/14 at 3:47 pm to
just for GP or is there a trade off?
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73674 posts
Posted on 9/14/14 at 3:48 pm to
Would do the same thing and move employers. Would take two weeks tops.
Posted by Sigma
Fairhope, AL
Member since Dec 2005
3643 posts
Posted on 9/14/14 at 3:49 pm to
quote:

Do I get to live on the beach and drink all day?


No, a respectable job. But I won't qualify it anymore than that.
Posted by lsunurse
Member since Dec 2005
128950 posts
Posted on 9/14/14 at 3:49 pm to
Hell no
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 9/14/14 at 3:49 pm to
Sure, depending on the circumstances. Would I do it if I had to do the exact same job I'm doing now? Absolutely not. Would I take the cut to live in my dream location or to do my dream job? Absolutely.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 9/14/14 at 3:50 pm to
Sure. If I were making $300k and taking a job where I only made $180k meant a lot more free time and happiness.
Posted by LakeViewLSU
Baton Rouge
Member since Jun 2009
17730 posts
Posted on 9/14/14 at 3:50 pm to
Yes. Living where you want to live is way more important than money. Living by the beach is priority for me.
Posted by The Easter Bunny
Minnesota
Member since Jan 2005
45564 posts
Posted on 9/14/14 at 3:51 pm to
I like my current job, so I can't imagine what another company could offer. I do know a guy who took an almost 35% pay cut to go from a private consulting firm to government work. Way less stress, way better hours, but that must have been tough. Helps that he's a single guy
This post was edited on 9/14/14 at 3:52 pm
Posted by xXLSUXx
New Orleans, LA
Member since Oct 2010
10304 posts
Posted on 9/14/14 at 3:52 pm to
quote:

Sure. If I were making $300k and taking a job where I only made $180k meant a lot more free time and happiness.


This. It's about what you and your family are accustomed to, and quality of life.

If I were making 300k, but having to travel constantly while having kids and a wife, I'd take 40% less to stay home. As long as I could still afford the same lifestyle.


It's what I'm currently doing now. I'm selling out while I'm young and single, but I know I'll take a pay cut when I leave. And that's fine with me.
This post was edited on 9/14/14 at 3:54 pm
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 9/14/14 at 3:53 pm to
quote:

Is there a scenario where you would take a 40% pay cut?


Yes, there are "scenarios" where I would take that kind of pay cut.

However, none of those are likely to be realistic so 99.999% of the time my answer would be "no".
Posted by Pavoloco83
Acworth Ga. too many damn dawgs
Member since Nov 2013
15347 posts
Posted on 9/14/14 at 3:53 pm to
Wouldnt be much question. We couldnt live on a 40% pay cut. However, I wouldnt quit. 60% is better than nothing until I could find another job asap.

Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 9/14/14 at 3:57 pm to
quote:

No, a respectable job. But I won't qualify it anymore than that. 



What an a-hole
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
62688 posts
Posted on 9/14/14 at 3:58 pm to
I don't think I could live on $600k a year.
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