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HHenry Akingboye 1 year ago
In a society that has been taught to pursue ever-increasing salaries, we are learning that sometimes taking a pay cut can be the best career move. If you’re unfulfilled by your job, wish you had more time to pursue other hobbies or interests, feel stressed out by work, or want to gain some valuable experience, a pay cut may be the ultimate solution.
You want to transition to a new position or industry
After you spend some years in a job, you may discover that it’s not for you. Maybe the work doesn’t interest you or you are tired of the stress it brings. No matter the reason, you may want to transition to a new position or industry and must take a pay cut.
You want to pursue your passion
When you work full time, you spend most of your time at work. If you’re not passionate about or fulfilled by your job, taking a pay cut to do something new that will set you up for a higher paying, more fulfilling career in the future is advisable.
The new job has benefits you can’t give up
Some high-paying jobs come with benefits that can be difficult to find elsewhere. Your company may cover 100% of your health care costs, with pension benefits, course plans or gym plans. All these are enough reasons to accept a lesser pay.
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