Seriously considering taking a pay cut to join a small consumer fin-tech startup. When is taking a pay cut advisable? I wanted to get out of the corporate scene and recently got an opportunity to join a startup. The pay cut is pretty large. Anyone been in a similar situation?
Me. CK to Amazon - $40K paycut, debating though whether it will be worth it
You’re including the value of your private shares, right?
Yes. Private shares at lower price. Is that a mistake?
Do it and tell us how it worked out
"When is taking a pay cut advisable?" when you own a house
What are the non-monetary benefits? Eg shorter commute, better work life balance... how much value do you put on them? Get a few more offers before you decide.
Pay cut is never advisable but sometimes unavoidable
What’s your current TC and what is the pay cut?