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#82403 - 02/15/05 06:27 PM Enduring pay cut
KN_Fan Offline
Member

Registered: 10/01/02
Posts: 492
Nice title, ain't it?

I'm sure many of the veterans here can comment on this....please share your thoughts:

Work for a pretty good company, decent pay, etc..but have grown 'old' at present position (almost five years). Plus recent changes in the dept shifts the morale from friendly environment to 'let's go work at the grind'. Enthusiasm is definitely less than before (going to work with dreams of getting out of the present job), VERY long hours (weekends, etc), new authoritarian(?) management have difficulty in hearing suggestions and very little people skills.

Now....

An opportunity may come soon, but you'll have to take a pay reduction (a bit under 10%). This new company is growing, and voted supposedly one of the best to work in the area. Company is MUCH smaller (100 people as supposed to 2500 people), so one may be taking a pay cut. Heard through the grapevine that the people are cool to work with. Everything else about the same as far as compensation (except stock option).

Provided you guys don't have credit card issues, and other pressing financial issues (and you're making an 'ok' money at this point, meaning 10% pay cut won't hurt the ability to pay bills etc). Would you take the plunge with that pay cut?

Comments appreciated.
JLJ

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#82404 - 02/15/05 06:39 PM Re: Enduring pay cut
DonM Offline
Senior Member

Registered: 06/25/99
Posts: 16735
Loc: Benton, LA, USA
Life is too short to work at something you hate. I think you already know what you want to do. Go for it!
DonM
_________________________
DonM

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#82405 - 02/15/05 08:45 PM Re: Enduring pay cut
Pennywizz6 Offline
Member

Registered: 11/10/04
Posts: 434
Loc: Shakopee, MN, USA
Take the risk.

If you dont take the risk, you can never excel.

Even with the cut, if you think you will like it, do it. Better having a job you love than a job you dont want to wake up to.

Good luck.

Phil

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#82406 - 02/15/05 09:23 PM Re: Enduring pay cut
GlennT Offline
Senior Member

Registered: 12/01/02
Posts: 1790
Loc: Medina, OH, USA
Ditto to what the guys are telling you. Even if there's some risk involved, remember... the biggest risk is never taking one. Go for it and good luck.

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#82407 - 02/15/05 09:32 PM Re: Enduring pay cut
Tony Rome Offline
Member

Registered: 12/11/04
Posts: 1374
Loc: Cozumel Mexico
If you don't, you'll kick yourself in the ass
for the rest of your life for not knowing!!!!

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#82408 - 02/15/05 10:17 PM Re: Enduring pay cut
FreeStyle Offline
Member

Registered: 02/20/03
Posts: 85
Loc: Kuala Lumpur, Malaysia
If one is not happy working in the current environment, staying back will cost more than the 10% paycut going into the new environment.

Furthermore, opportunity to progress (and later more $$$) is better in a 100-team than a 2500-team.

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#82409 - 02/16/05 05:00 AM Re: Enduring pay cut
kbrkr Offline
Senior Member

Registered: 11/19/02
Posts: 2866
Loc: Tampa, FL
Well, I say NOT SO FAST!!!

I was in the same position as you. I was considered a "High Potential" employee with my current firm and management 6 years ago, then all of a sudden the management regime changed.

I found myself surrounded by self centered, politically minded, arrogant do nothings. (Sort of like the Super Bowl Commercial with the Monkeys).

Anyway, to make a long story short, I became desparate at my job. I now hated my once cherished and loved job. I DECIDED TO STICK IT OUT. Why let some incompetents run me out of town.

I started networking and I did an end-around to my clients by providing them with spectacular customer service and guidance. They in turn propped me up with management and soon I was able to work on some new projects, but in the same position. I then started adding more and more resources to my staff to handle more of these projects, and low and behold I had a small little empire going.

Now, all the incompetents have been either fired or made irrelevant, and I am now the "go-to" guy when people want things done. I have a new boss who loves me and I him. Things are just great and I was just rewarded with a nice 10% salary increase and huge bonus.

My point is; Jobs are cyclical. I chose to be patient; not imprudent, but patient. I stuck it out and also stepped up my efforts a notch to get out of my "Comfort Zone".

So far so good.

My advice; stick with it, but change your attitude to a more positive one and look for opportunity, not a way out!!!

Best Regards,
Al

[This message has been edited by kbrkr (edited 02-16-2005).]
_________________________
Al

Pa4x - LD Systems Maui 28 - Mackie Thumps

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#82410 - 02/16/05 06:21 AM Re: Enduring pay cut
travlin'easy Offline
Senior Member

Registered: 12/08/02
Posts: 15576
Loc: Forest Hill, MD USA
Quote:
Originally posted by Tony Rome:
If you don't, you'll kick yourself in the ass
for the rest of your life for not knowing!!!!


I've lived a long life and done lots of crazy things. Some didn't pan out, but as Tony said above, go for it.

Of course, much of the risks involved will depend upon your age. If you are relatively young, and I stress the term relative, you still have lots of time to recover if this turns out to be a bade move. If you're an old fart like me, the risk is obviously greater because of the decreased ability to recover any loses.

Good Luck,

Gary
_________________________
PSR-S950, TC Helicon Harmony-M, Digitech VR, Samson Q7, Sennheiser E855, Custom Console, and lots of other silly stuff!

K+E=W (Knowledge Plus Experience = Wisdom.)

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#82411 - 02/16/05 08:11 AM Re: Enduring pay cut
loungelyzard Offline
Member

Registered: 10/31/04
Posts: 535
Loc: North Eastern Calif.
[QUOTE] from Gary

Of course, much of the risks involved will depend upon your age. If you are relatively young, and I stress the term relative, you still have lots of time to recover if this turns out to be a bade move. If you're an old fart like me, the risk is obviously greater because of the decreased ability to recover any loses.

Good Luck,

Gary

Age is the determining factor. I'm grabbing at 70,in younger years I went thru numerious jobs, never enjoying any, mostly politics, and boredom. About 30 years ago finally got smart and went in business for myself doing what I like working with my hands meeting people and being outdoors, and making all the decisions. (when it's right can't help from being sucessful). So do your thing would be my advise. also keep the retirement in sight at all times, the money on the end is most important for a happy ending...........Pose
_________________________
Support the arts
FEED a Musician
Cheers....Pose

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#82412 - 02/16/05 11:50 AM Re: Enduring pay cut
KN_Fan Offline
Member

Registered: 10/01/02
Posts: 492
Gary-
I will turn 33 this year

I think that's young...right?

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#82413 - 02/16/05 11:55 AM Re: Enduring pay cut
travlin'easy Offline
Senior Member

Registered: 12/08/02
Posts: 15576
Loc: Forest Hill, MD USA
Yep, just over half my age--but you're catching up! Wow! I just thought of all the crazy things I did at 33, and I still enjoy some of them.

Good Luck on whatever avenue you decide to take,

Gary
_________________________
PSR-S950, TC Helicon Harmony-M, Digitech VR, Samson Q7, Sennheiser E855, Custom Console, and lots of other silly stuff!

K+E=W (Knowledge Plus Experience = Wisdom.)

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#82414 - 02/16/05 02:47 PM Re: Enduring pay cut
captain Russ Offline
Senior Member

Registered: 01/02/04
Posts: 7305
Loc: Lexington, Ky, USA
After graduating with a degree in accounting, I spent a month as an auditor for a large tire company....HATED IT!

Decided then to only do for a living what I would do for fun.

Sadly, many people spend their whole lives doing things they didn't spend as much time deciding than buying a new pair of tires. They enter the workforce and take the first available job. Then, the kids and bills start and they spend their working lives trying to keep their head above water.

The happy people I know are doing what they love. In some instances, there are sacrifices (think full-time musicians)but they wouldn't have it any other way. The secret is to figure out how to make a GOOD living doing what you love and are good at. Even then, there are compromises. I would rather not write copy about circuit breakers or take photos of air conditioners, but I'm working in the graphics, photography and communications field and I REALLY LIKE IT..even after all these years. I don't look forward to playing Misty tonight, but guess what...I'm STILL PLAYING, even after all these years.

Do what excites you! Believe me, it will work out fine!

Best personal regards,


Russ

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#82415 - 02/16/05 04:11 PM Re: Enduring pay cut
shboom Offline
Member

Registered: 02/27/04
Posts: 741
Loc: Victoria, British Columbia
At the age of 39, an opportunity came up for me to move to a different position within my employment. Assessing where I currently was, I realized that 10 or 15 years down the road, I'd be in the same job and 10 or 15 years older.

So I took the plunge, along with a $200 / month pay cut. It was the best thing I ever did. I received, and continue to receive in depth computer training. I'm fully proficient in AutoCAD, CAD-map, Arcview, G.I.S., and numerous other graphic programs. I love what I do (which is very important), and looking back at where I was, I know making the move was the right thing to do.
I might add that I'm now making more in this position, than I would be making had I stayed where I was.
Just my thots....on my situation...
your's may be very different.
Good Luck with whatever your decision may be.

------------------
...L

[This message has been edited by shboom (edited 02-17-2005).]
_________________________
...shboom

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#82416 - 02/17/05 09:20 AM Re: Enduring pay cut
grandpa tom Offline
Member

Registered: 02/04/05
Posts: 44
Loc: Prescott, WI, USA
For my 2 cents worth, I'd go for it. I chucked my last job of 15 years at age 50 and went for my own deal. It paid off and obviously know I did the right thing. When I was much younger I turned down two opportunities in different parts of the country. I always wonder what might have been.

If that 10% cut is going to hurt bad, get a part-time job at Home Depot or something just to tide you over. You know what you have now and you don't like it.

Go for it mon.

Tom

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#82417 - 02/17/05 01:59 PM Re: Enduring pay cut
KN_Fan Offline
Member

Registered: 10/01/02
Posts: 492
Thanks guys for all your replies.

The fact that the guy who's going to interview me already said he'd rather have ME rather than the internal applicants already give me a good chance I think.

The cut is not even $100/mth if they gave me what I asked so I'm not struggling financially at all. I will, however, have to postpone buying that Pa1X anytime soon

At this point I think I'm just beyond burned out and my morale and happiness is nowhere near where I was 2-3 years ago.

I'm just waiting for the new company's HR to give me a call to set up an interview. Wish me luck and keep me in your prayers!

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#82418 - 02/18/05 05:49 AM Re: Enduring pay cut
trident Offline
Senior Member

Registered: 08/22/04
Posts: 1457
Loc: Athens, Greece
We are the same age.
I believe you should move, but be prepared. Know what you are going to do, know how "low" you can get in money or benefit terms....and take a good look at the prospects in the smaller new company.
I wish you good luck.
Theodore

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#82419 - 02/18/05 11:37 AM Re: Enduring pay cut
tony mads usa Offline
Senior Member

Registered: 01/16/02
Posts: 14376
Loc: East Greenwich RI USA
Quote:
Originally posted by KN_Fan:
Wish me luck and keep me in your prayers!



We do, and you're already there ...

t.
_________________________
t. cool

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#82420 - 03/05/05 07:41 AM Re: Enduring pay cut
KN_Fan Offline
Member

Registered: 10/01/02
Posts: 492
Well, I'm sure you guys are dyin' to hear the latest update

Got it...with MORE money than what I'm making now, so no pay cuts after all

The look of my boss' face when I deliver the news...priceless!! That itself was worth the price of the admission ya know!?

The crazy thing is....not long after I accepted the job, my company announced they reduced some of the benefits to the whole employee...man this career move for me was a divine appointment for sure!

Thanks again for all your supports, thoughts and prayers!!

KN_Fan

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#82421 - 03/05/05 08:41 AM Re: Enduring pay cut
Tony Rome Offline
Member

Registered: 12/11/04
Posts: 1374
Loc: Cozumel Mexico
Great news Kn_Fan.....glad everything worked out for you...now but that new Pa1X and enjoy

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#82422 - 03/05/05 01:19 PM Re: Enduring pay cut
travlin'easy Offline
Senior Member

Registered: 12/08/02
Posts: 15576
Loc: Forest Hill, MD USA
Great news--glad everything worked out in your favor. Go get em' tiger!

Gary
_________________________
PSR-S950, TC Helicon Harmony-M, Digitech VR, Samson Q7, Sennheiser E855, Custom Console, and lots of other silly stuff!

K+E=W (Knowledge Plus Experience = Wisdom.)

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#82423 - 03/09/05 11:43 AM Re: Enduring pay cut
tony mads usa Offline
Senior Member

Registered: 01/16/02
Posts: 14376
Loc: East Greenwich RI USA
CONGRATULATIONS .... ...
t.
_________________________
t. cool

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