When Does Taking a Pay Cut Makes Sense?

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  • Опубліковано 9 бер 2020
  • When Does Taking a Pay Cut Makes Sense?
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КОМЕНТАРІ • 28

  • @TheKenColemanShow
    @TheKenColemanShow  4 роки тому

    Make your dream job a REALITY! Subscribe today: ua-cam.com/users/TheKenColemanShow

    • @shawnevans26
      @shawnevans26 10 місяців тому

      I’m close to taking a pay cut to go from night job back to day shift.

  • @BEACHDUDE71
    @BEACHDUDE71 7 місяців тому +5

    If it's too stressful, then the increase in money is not worth it

  • @katejohnson5083
    @katejohnson5083 Рік тому +13

    1. Can you afford it without touching your emergency fund or savings?
    2. Does the new job put you on the right path/industry you want to be in?
    3. Does the new job offer opportunities to grow your salary in the near future?

  • @UnknownFilipino
    @UnknownFilipino 2 роки тому +7

    I shifted from a managerial position in the financial markets to working as a 2D artist for video games, and I can say that numbers 1, 2 , and 3 are on point.

  • @shawnevans26
    @shawnevans26 10 місяців тому +8

    I’m close to taking a pay cut to go from night job back to day shift.

    • @ivanrod533
      @ivanrod533 4 місяці тому +2

      On the same boat rn, and new job offers better training so I’m taking it.

    • @skychavis392
      @skychavis392 2 місяці тому +1

      Do it

    • @shawnevans26
      @shawnevans26 2 місяці тому

      Thanks! I believe I’m going to!

  • @jenniferbrown8568
    @jenniferbrown8568 2 роки тому +6

    I’m trying to learn a new skill in my profession that eventually will pay off

  • @philliphampton5183
    @philliphampton5183 Рік тому +7

    Used to make upwards of six figures as a commercial fisherman. Loved the job but I wanted to move somewhere else. When I moved I took a job that made 30 an hour and worked 70-80 hours a week. Recently left and now make about 50k a year but I work 2 weeks on 2 weeks off, which allows me SO much more time to actually live my life and enjoy the place I purposefully moved to (Alaska). I live cheap though and am good with money. It can be done and can work out for the best.

    • @rickyayy
      @rickyayy 3 місяці тому

      Nice brother 👌

  • @reismw
    @reismw 3 роки тому +4

    Very clear, thx!

  • @istiyaq37
    @istiyaq37 Рік тому +2

    Thank you so much

  • @404TRUCKERTV
    @404TRUCKERTV 2 роки тому +2

    Yes..... just what I needed to hear!

  • @mediaartskid
    @mediaartskid 8 місяців тому

    Great advice! Thank you ❤

  • @prettynatural1973
    @prettynatural1973 26 днів тому

    Thank you

  • @newjourney010
    @newjourney010 4 роки тому +3

    thank you so much! you perfectly answered my question about a perspective job position i was considering.

    • @Magoo7956
      @Magoo7956 3 роки тому

      I got a job for ya..

  • @Enlightenmentcircle
    @Enlightenmentcircle 2 роки тому +3

    I’m a apartment maintenance Supervisor and I make $26 now I just finish electrician school and Apprenticeship is $16.50 but after some years and experience and I become journeyman I start making $25 and up again I just have to take pay cut for some years maybe 4 years… what to do

  • @golfgigglesbymichelle8759
    @golfgigglesbymichelle8759 3 роки тому +9

    Great video! I wondered if anyone considered what 'short-term' is? Is this 1 year or is it 5 years? If you're moving into a completely new field, it would take longer to match previous pay.

    • @MeCuestaEscuchar
      @MeCuestaEscuchar 3 роки тому +2

      Depends on your age. When you're 20 short term might be 5 years. When you're 50, it's closer to 1 year.

  • @prettynatural1973
    @prettynatural1973 26 днів тому

    Dam I can’t afford it

  • @Apphus144
    @Apphus144 Рік тому

    NUMBER 🖕🏽1:
    ESTABLISH A NETWORK OF OPPORTUNITIES IN YOU CAREER.
    (KNOW YOUR WORTH)

  • @ChrisJr59
    @ChrisJr59 2 роки тому +1

    What about those of us who having to leave our states due to vaccine mandates, I am facing a 50% pay cut because of this

    • @ChrisJr59
      @ChrisJr59 2 роки тому

      @ptventuretx forgot its that easy. Not like people gave mortgages, kids in school, bills, family, etc.

    • @MrWhite00001
      @MrWhite00001 2 роки тому

      Get the vaccine and keep your job? Is it really worth losing right now? It’s not like the vax is the mark of the beast.

    • @ChrisJr59
      @ChrisJr59 2 роки тому

      @@MrWhite00001 to force employees to take a vaccine that is inevective or risk losing their job is called coercion which is a crime. It is not the unvaxxed who are the enemy, it is the employers using coercion to fulfill an agenda that are the enemy. How about instead of telling ppl to just get the shot to keep their job, you tell the employers to stop discriminating based off medical history and pay the workers based on performance.