New Job, Lower Pay - No, You Don't Want "Perspective"
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"I took a pay cut." That's what a client told me - sheepishly. It was obvious they still hadn't absorbed that not all professional moves are upward - be it in compensation, title or responsibility. What that happens to you - a haircut on your salary - it can seem the end of the world. You don't want anyone to provide you "perspective." That perspective is usually is delivered in the form of a macro view. For example, Yahoo Finance reports: "Nearly a quarter of managers who switched employers in 2024 saw a pay drop ... Almost 1 in 3 managers who switched to a non-manager job at a new employer saw their pay decline." So? To both your wallet and your sense of a professional sense those numbers are irrelevant. This is you taking the hit. One option is to start your own business. You create your own gross compensation. Also you're the one deciding how the work will be done. Remote? Sure. The odds are that you'll be operating multiple busin...