I have a good salary at a failing start up, and I can’t seem to find any jobs that provide a similar salary. I love my current job, but I’m worried that the company will not be able to secure enough funding to last us 6 more months.

Should I take a pay cut (150k --> 100k) to work at a different company? Or should I wait it out for another few months at my current company?

For context, I support my SO in a HCOL area and we don’t have much savings. Trying to build that up right now…

Any advice would be appreciated. Thank you!

  • trachtmanconsulting@alien.topBEnglish
    1·
    1 year ago

    If you think they will be out of business in 3 months, take a 40% pay cut if you have the opportunity

    6 months - 30%

    1 year - 10% - 15%.

    ​

    This is not exact but rough math based on the multiplication of perceived salary and chances of landing a job.