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!
Hi, yeah great questions. For the latter questions, the estimate I give is a hypothetical, so there is no specific job associated with that salary.
As for the first couple questions, I would likely not receive severance as I anticipate that I’ll be one of the last to go. Unemployment benefits, yes. Savings are low, but growing. Will strategize based on my financial situation. Thank you for the advice.
Of course, hope this was helpful. If you need anything or have any questions let me know.
Thank you!